For the quarter ending 2025-09-30, NXGL made $2,934,000 in revenue. -$653,000 in net income. Net profit margin of -22.26%.
| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Revenues, net | 2,934,000 | 2,884,000 | 2,806,000 | 2,154,000 |
| Cost of revenues | 1,691,000 | 1,626,000 | 1,618,000 | 1,626,000 |
| Gross profit | 1,243,000 | 1,258,000 | 1,188,000 | 528,000 |
| Research and development | 7,000 | 0 | 1,000 | 666.667 |
| Selling, general and administrative | 1,961,000 | 1,894,000 | 1,964,000 | 1,383,000 |
| Other expense | - | 37,000 | 39,000 | 1,000 |
| Total operating expenses | 1,968,000 | 1,894,000 | 1,965,000 | 1,384,000 |
| Gain on investments | - | 0 | - | 17,000 |
| Loss from operations | -725,000 | -636,000 | -777,000 | -856,000 |
| Interest expense, net | 10,000 | -21,000 | -21,000 | 15,500 |
| Change in fair value of warrant liability, net of warrant modification expense | - | - | - | -7,000 |
| Loss on sale of assets | - | 0 | - | - |
| Other income | 59,000 | 41,000 | 68,000 | 26,500 |
| Change in fair value of contingent consideration | - | - | - | 4,500 |
| Changes in fair value of warrant liability and warrant modification expense | - | - | -91,000 | - |
| Changes in fair value of warrant liability | 9,000 | 13,000 | - | - |
| Total other income (expense), net | 78,000 | -4,000 | 99,000 | -9,000 |
| Loss before income taxes | -647,000 | -640,000 | -678,000 | -865,000 |
| Income tax expense | - | 0 | - | - |
| Net loss | -647,000 | -640,000 | -678,000 | -865,000 |
| Less income (loss) attributable to non-controlling interest in joint venture | 6,000 | 25,000 | 34,000 | -13,500 |
| Net loss attributable to nexgel stockholders | -653,000 | -665,000 | -712,000 | -851,500 |
| Net loss per common share - basic | -0.08 | -0.09 | -0.09 | -0.125 |
| Net loss per common share - diluted | -0.08 | -0.09 | -0.09 | -0.125 |
| Weighted average shares used in computing net loss per common share diluted | 7,971,299 | 7,654,348 | 7,645,311 | -3,156,244 |
| Weighted average shares used in computing net loss per common share - basic | 7,971,299 | 7,654,348 | 7,645,311 | -3,156,244 |
NEXGEL, INC. (NXGL)
NEXGEL, INC. (NXGL)