Nexalin Stock (NASDAQ:NXL)


RevenueOwnershipFinancialsChart

Previous Close

$0.46

52W Range

$0.30 - $2.00

50D Avg

$0.42

200D Avg

$0.73

Market Cap

$9.72M

Avg Vol (3M)

$831.04K

Beta

3.83

Div Yield

-

NXL Company Profile


Nexalin Technology, Inc. operates as a medical device firm specializing in the creation and advancement of neurostimulation therapies for mental health conditions in both the United States and China. The company commercializes its primary product, the Nexalin Device, which provides a non-invasive and drug-free treatment for anxiety and insomnia. This device functions by emitting a proprietary frequency-based waveform designed to elicit a beneficial response from mid-brain structures associated with various psychological disorders. Furthermore, Nexalin Technology is currently developing "Generation 2," a new medical device undergoing clinical trials. This future product aims to address a broader spectrum of health issues, including opiate addiction, persistent pain, Alzheimer's disease, and dementia. The company was founded in 2021 and has its headquarters in Houston, Texas.

Show More

Industry

Medical - Devices

Sector

Healthcare

Exchange

NASDAQ

ADR

-

Country

US

Employees

6

IPO Date

Sep 16, 2022

Website

NXL Performance


Revenue Breakdown


Revenue Breakdown by Product/Service

Product/ServiceDec 25Dec 24Dec 23
Other$27.49K$5.89K$1.37K
Device Sales$136.00K$55.50K-
Equipment$89.04K$37.83K$27.30K
Licensing Fee$49.11K$69.50K$82.08K

Fiscal year ends in Dec 25 | Currency in USD

NXL Financial Summary


Dec 25Dec 24Dec 23
Revenue$301.65K$168.72K$110.75K
Operating Income$-8.39M$-7.75M$-5.70M
Net Income$-8.22M$-7.61M$-4.65M
EBITDA$-8.39M$-7.74M$-5.69M
Basic EPS$-0.50$-0.83$-0.63
Diluted EPS$-0.50$-0.83$-0.63

Fiscal year ends in Dec 25 | Currency in USD

Peer Comparison


TickerCompany
XCURExicure, Inc.
HBIOHarvard Bioscience, Inc.
CLGNCollPlant Biotechnologies Ltd.
SCYXSCYNEXIS, Inc.
MODDModular Medical, Inc.
IINNInspira Technologies Oxy B.H.N. Ltd.
RBOTVicarious Surgical Inc.
ENLVEnlivex Therapeutics Ltd.