For the quarter ending 2025-09-30, NXL has $5,125,940 in assets. $357,524 in debts. $590,075 in cash and cash equivalents.
| Balance Sheets | 2025-09-30 | 2025-06-30 | 2024-12-31 | |
|---|---|---|---|---|
| Rou asset | - | - | 0 | |
| Cash and cash equivalents | 590,075 | 431,320 | 574,485 | |
| Short-term investments | 3,762,602 | 5,361,465 | 2,905,438 | |
| Accounts receivable (includes related party of 0 and 3,007, respectively) | 7,925 | 59,841 | 13,043 | |
| Inventory | 160,225 | 172,974 | 174,578 | |
| Prepaid expenses and other current assets | 296,551 | 243,511 | 293,597 | |
| Total current assets | 4,817,378 | 6,269,111 | 3,961,141 | |
| Intangible assets, net | 308,562 | 294,871 | 260,727 | |
| Equity method investment | - | - | 864 | |
| Other assets | 0 | 0 | - | |
| Total assets | 5,125,940 | 6,563,982 | 4,222,732 | |
| Lease liability, current portion | - | - | 0 | |
| Accounts payable (includes related party of 2,911 and 0, respectively) | 67,493 | 240,580 | 155,949 | |
| Accrued expenses (includes related party of 206,000 and 240,000, respectively) | 290,031 | 360,004 | 390,745 | |
| Total current liabilities | 357,524 | 600,584 | 546,694 | |
| Total liabilities | 357,524 | 600,584 | 546,694 | |
| Common stock, 0.001 par value 100,000,000 shares authorized 18,189,606 and 13,303,523 shares issued and outstanding at september30, 2025 and december 31, 2024, respectively | 18,190 | 17,418 | 13,304 | |
| Accumulated other comprehensive loss | -631 | 830 | -513 | |
| Additional paid in capital | 95,241,723 | 94,159,705 | 88,308,478 | |
| Accumulated deficit | -90,490,866 | -88,214,555 | -84,645,231 | |
| Total stockholders equity | 4,768,416 | 5,963,398 | 3,676,038 | |
| Total liabilities and stockholders equity | 5,125,940 | 6,563,982 | 4,222,732 | |
Nexalin Technology, Inc. (NXL)
Nexalin Technology, Inc. (NXL)