Nexalin Technology, Inc. (NXL)
2025-06-30 | 2025-03-31 | 2024-09-30 | 2024-06-30 | |
|---|---|---|---|---|
| Revenues, net (includes related party of 8,275 and 500 for the three months ended and 11,859 and 800 for the six months ended, respectively) | 70,588 | 41,015 | 36,031 | 26,840 |
| Cost of revenues | 22,838 | 13,558 | 12,694 | 7,247 |
| Gross profit | 47,750 | 27,457 | 23,337 | 19,593 |
| Selling, general and administrative | 893,836 | 929,220 | 1,975,376 | 768,167 |
| Research and development | 225,774 | 406,288 | - | - |
| Professional fees | 178,597 | 367,816 | 262,303 | 240,967 |
| Salaries and benefits | 370,401 | 335,358 | 294,175 | 307,480 |
| Total operating expenses | 1,668,608 | 2,038,682 | 2,531,854 | 1,316,614 |
| Loss from operations | -1,620,858 | -2,011,225 | -2,508,517 | -1,297,021 |
| Other income | 2,743 | 2,714 | 2,851 | 2,034 |
| Interest income, net | -4,690 | -1,103 | -1,000 | -66 |
| Gain on sale of short-term investments | 32,438 | 20,119 | 56,250 | 11,719 |
| Total other income, net | 39,871 | 23,936 | 60,101 | 13,819 |
| Loss before provision for income taxes | -1,580,987 | -1,987,289 | - | - |
| Provision for income taxes | - | - | - | - |
| Loss before equity in net earnings (loss) of affiliate | -1,580,987 | -1,987,289 | - | - |
| Equity in net earnings (loss) of affiliate | - | -1,048 | 159 | -1,291 |
| Income (loss) attributable to parent, before tax | - | - | -2,448,416 | -1,283,202 |
| Net loss | -1,580,987 | -1,988,337 | -2,448,257 | -1,284,493 |
| Unrealized gain from short-term investments | 513 | 830 | -325 | 245 |
| Comprehensive loss | -1,580,474 | -1,987,507 | -2,448,582 | -1,284,248 |
| Net loss per share attributable to common stockholders - basic | -0.1 | -0.15 | -0.23 | -0.17 |
| Net loss per share attributable to common stockholders - diluted | -0.1 | -0.15 | -0.23 | -0.17 |
| Weighted average shares outstanding - basic | 15,718,149 | 13,307,319 | 10,847,476 | 7,497,551 |
| Weighted average shares outstanding - diluted | 15,718,149 | 13,307,319 | 10,847,476 | 7,497,551 |