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Income Statement
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Cash Flow
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Balance Sheet
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Income Overview
Net Income
-$7,607,290
EPS
-$0.83
Unit: Dollar
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Page 1
Annual
123
Page 1
Income Statement
2024-12-31
Provision for income taxes
0
Revenues, net (includes related party of 6,180 and 3,614 for the year ended december 31, 2024 and december 31, 2023, respectively)
168,721
Cost of revenues
36,593
Gross profit
132,128
Professional fees
966,815
Salaries and benefits
1,500,089
Selling, general and administrative
4,228,986
Research and development
1,190,884
Total operating expenses
7,886,774
Loss from operations
-7,754,646
Gain on extinguishment of debt
0
Interest income (expense), net
-3,193
Gain on sale of short-term investments
130,110
Other income
9,310
Total other income (expense), net
142,613
Loss before provision for income taxes
-7,612,033
Loss before equity in net earnings of affiliate
-7,612,033
Equity in net earnings of affiliate
4,851
Net loss
-7,607,182
Unrealized loss from short-term investments
-108
Comprehensive loss
-7,607,290
Basic EPS
-0.83
Diluted EPS
-0.83
Basic Average Shares
9,215,772
Diluted Average Shares
9,215,772
Page 1
Unit: Dollar.
Page 1
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Time Plot
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Income Statement
1
2
Comprehensive loss
-$7,607,290
Net loss
-$7,607,182
Unrealized loss from
short-term investments
-$108
Equity in net earnings
of affiliate
$4,851
Loss before equity in
net earnings of...
-$7,612,033
Gain on sale of
short-term investments
$130,110
Other income
$9,310
Interest income
(expense), net
-$3,193
Licensing Fee
$69,501
Device Sales
$55,500
Equipment
$37,826
Other
$5,894
Loss before
provision for income taxes
-$7,612,033
Total other income
(expense), net
$142,613
Revenues, net (includes
related party of 6,180...
$168,721
Loss from operations
-$7,754,646
Gross profit
$132,128
Cost of revenues
$36,593
Total operating
expenses
$7,886,774
Selling, general and
administrative
$4,228,986
Salaries and benefits
$1,500,089
Research and development
$1,190,884
Professional fees
$966,815
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Nexalin Technology, Inc. (NXLIW)
Nexalin Technology, Inc. (NXLIW)