For the quarter ending 2026-03-31, NXL has $3,694,633 in assets. $808,364 in debts. $1,207,895 in cash and cash equivalents.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Cash and cash equivalents | 1,207,895 | 654,783 | 590,075 | 431,320 |
| Short-term investments | 1,500,590 | 3,068,429 | 3,762,602 | 5,361,465 |
| Accounts receivable (includes related party of 0 and 37,812, respectively) | 43,004 | 81,571 | 7,925 | 59,841 |
| Inventory | 179,489 | 131,473 | 160,225 | 172,974 |
| Prepaid expenses and other current assets | 359,176 | 363,014 | 296,551 | 243,511 |
| Total current assets | 3,290,154 | 4,299,270 | 4,817,378 | 6,269,111 |
| Other assets | - | - | 0 | 0 |
| Equipment, net of accumulated depreciation of 6,790 and 0, respectively | 45,169 | - | - | - |
| Intangible assets, net | 359,310 | 336,049 | 308,562 | 294,871 |
| Total assets | 3,694,633 | 4,635,319 | 5,125,940 | 6,563,982 |
| Accounts payable | 168,099 | 244,579 | 67,493 | 240,580 |
| Accrued expenses | 640,265 | 642,754 | 290,031 | 360,004 |
| Total current liabilities | 808,364 | 887,333 | 357,524 | 600,584 |
| Total liabilities | 808,364 | 887,333 | 357,524 | 600,584 |
| Common stock, 0.001 par value 100,000,000 shares authorized 20,581,646 and 19,186,346 shares issued and outstanding at march31, 2026 and december31, 2025, respectively | 20,581 | 19,186 | 18,190 | 17,418 |
| Accumulated other comprehensive income | 494 | 406 | -631 | 830 |
| Additional paid in capital | 97,829,443 | 96,595,806 | 95,241,723 | 94,159,705 |
| Accumulated deficit | -94,964,249 | -92,867,412 | -90,490,866 | -88,214,555 |
| Total stockholders equity | 2,886,269 | 3,747,986 | 4,768,416 | 5,963,398 |
| Total liabilities and stockholders equity | 3,694,633 | 4,635,319 | 5,125,940 | 6,563,982 |
Nexalin Technology, Inc. (NXL)
Nexalin Technology, Inc. (NXL)