For the quarter ending 2026-03-31, NXL made $14,950 in revenue. -$2,096,749 in net income. Net profit margin of -14025.08%.
| Income Statement | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Revenues, net (includes related party of 0 and 3,583 for the three months ended march 31, 2026 and march 31, 2025, respectively) | 14,950 | 171,895 | 18,149 | 70,588 |
| Cost of revenues | 1,817 | 21,029 | 3,948 | 22,838 |
| Gross profit | 13,133 | 150,866 | 14,201 | 47,750 |
| Professional fees | 495,296 | 458,547 | 265,149 | 178,597 |
| Salaries and benefits | 498,560 | 725,440 | 448,084 | 370,401 |
| Selling, general and administrative | 792,797 | 1,155,106 | 1,420,079 | 893,836 |
| Research and development | 346,382 | 224,940 | 226,520 | 225,774 |
| Total operating expenses | 2,133,035 | 2,564,033 | 2,359,832 | 1,668,608 |
| Loss from operations | -2,119,902 | -2,413,167 | -2,345,631 | -1,620,858 |
| Interest income, net | -34 | -159 | -2,288 | -4,690 |
| Gain on sale of short-term investments | 21,025 | 27,609 | 46,774 | 32,438 |
| Other income | 2,006 | 8,853 | 20,258 | 2,743 |
| Total other income, net | 23,065 | 36,621 | 69,320 | 39,871 |
| Loss before provision for income taxes | -2,096,837 | -2,376,546 | -2,276,311 | -1,580,987 |
| Provision for income taxes | - | - | - | 0 |
| Loss before equity in net earnings of affiliate | - | - | -2,276,311 | -1,580,987 |
| Loss before net loss of affiliate | -2,096,837 | -2,376,284* | - | - |
| Equity in net earnings (loss) of affiliate | - | - | 0 | 0 |
| Net (loss)/earnings of affiliate | - | -262* | - | - |
| Net loss | -2,096,837 | -2,376,546 | -2,276,311 | -1,580,987 |
| Unrealized gain from short-term investments | 88 | 1,037 | -1,461 | 513 |
| Comprehensive loss | -2,096,749 | -2,375,509 | -2,277,772 | -1,580,474 |
| Basic EPS | -0.11 | -0.127 | -0.13 | -0.1 |
| Diluted EPS | -0.11 | -0.127 | -0.13 | -0.1 |
| Basic Average Shares | 19,820,910 | 18,750,564 | 17,793,828 | 15,718,149 |
| Diluted Average Shares | 19,820,910 | 18,750,564 | 17,793,828 | 15,718,149 |
Nexalin Technology, Inc. (NXL)
Nexalin Technology, Inc. (NXL)