Nexalin Technology, Inc. NXL

FY2025 · ended Dec 31, 2025 · Revenue $301,647, +78.8% YoY · Filed Mar 25, 2026

Nexalin Technology, Inc. (NXL) files with the SEC under industry code 3845, Electromedical & Electrotherapeutic Apparatus. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $301,647 and a net loss of $8.2 million.

Revenue (TTM)
$217,155
+24.2% vs year-ago TTM
Net income (TTM)
$-8.99M
-1.6% vs year-ago TTM
Operating cash flow (TTM)
$-6.13M
-43.3% vs year-ago TTM
Free cash flow
—
EPS (TTM)
$-0.46
+33.2% vs year-ago TTM
Dividend per share
None
Shares outstanding
20.58M
+16.6% vs prior year
Net cash
$2.94M
FY 2023
Operating margin
-4202.5%
FY 2026

Company profile

Industry
Electromedical & Electrotherapeutic Apparatus (SIC 3845)
Listed as
NXL (Nasdaq)
Fiscal year ends
December 31
Incorporated in
DE
Headquarters
Houston, TX
SEC filer status
, Emerging growth company
SEC CIK
1527352

Other Electromedical & Electrotherapeutic Apparatus companies

Key figures

Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.

Line
FY 2025
Dec 31, 2025
FY 2024
Dec 31, 2024
FY 2023
Dec 31, 2023
FY 2022
Dec 31, 2022
Revenue
$301,647
$168,721
$110,748
$1.3M
Operating income
-$8.4M
-$7.8M
-$5.7M
-$1.8M
Net income
-$8.2M
-$7.6M
-$4.6M
-$1.7M
Diluted EPS
-$0.50
-$0.83
-$0.63
—
Operating cash flow
-$5.0M
-$3.9M
-$3.8M
-$2.2M
Total assets
$4.6M
$4.2M
$3.6M
$7.4M
Total liabilities
$887,333
$546,694
$425,281
$2.0M
Stockholders' equity
$3.7M
$3.7M
$3.2M
$5.5M
Cash and investments
$3.7M
$3.5M
$2.9M
$7.0M
Total debt
—
—
$4,463
$55,260

Recent SEC filings

Recent SEC filings
Form Description Filed Period
8-K Current report
Other events
Oct 1, 2026 Sep 30, 2026
8-K Current report
Material agreement, Regulation FD disclosure
Oct 1, 2026 Sep 28, 2026
8-K Current report
Listing notice
Sep 28, 2026 Sep 25, 2026
8-K Current report
Officer or director change
Sep 2, 2026 Aug 28, 2026
8-K Current report
Change to shareholder rights, Bylaw or fiscal year change, Regulation FD disclosure
Aug 27, 2026 Aug 26, 2026
8-K Current report
Material agreement, New debt
Aug 21, 2026 Aug 21, 2026

Source: SEC EDGAR filings. This is company-reported data, not investment advice.