State Ledger
Company profile

Nexalin Technology, Inc. CIK 1527352

Ticker
NXL (Nasdaq)
Industry
Electromedical & Electrotherapeutic Apparatus
Headquarters
Houston, TX 77056
Fiscal year end
2025 (FY)
Market Data
Close
$3.46
Change
-$0.61
Change %
-14.90%
Volume
100

NXL · trading date Oct 12, 2026 · previous close $4.06 · source: Alpaca (IEX feed, not consolidated full-market data).

Key Financials
Revenue
$301.6K
Net income
-$8.22M
Total assets
$4.64M
Total liabilities
$887.3K
Stockholders' equity
$3.75M
Cash & equivalents
$654.8K
Operating income
-$8.39M
Operating cash flow
-$4.96M
Capital expenditures
—

Fiscal year 2025, via 10-K filed 2026-03-25. A dash means this figure wasn't reported in the source filing under a field State Ledger recognizes - not that the value is zero.

Financial Performance
Operating margin
-2,781.7%
Net margin
-2,725.8%
Free cash flow
—
Free cash flow margin
—
Liabilities / assets
19.1%
Equity / assets
80.9%
CapEx / revenue
—
Operating cash flow / net income
0.60×

Derived from the fiscal year 2025 figures above. These metrics are mathematical calculations and do not represent a rating or assessment of the company.

Financial History
Fiscal yearRevenueNet incomeAssetsLiabilitiesEquity
2025 $301.6K -$8.22M $4.64M $887.3K $3.75M
2024 $168.7K -$7.61M $4.22M $546.7K $3.68M
2023 $110.7K -$4.65M $3.63M $425.3K $3.21M
2022 $1.32M -$1.70M $7.43M $1.95M $5.48M
2021 $144.1K -$6.08M $753.7K $2.44M -$1.68M
Company Details
SIC code
3845
State of incorporation
DE
Active filer
Yes
Most recent SEC filing
Form S-1
2026-09-03
Financials filed via
Form 10-K
filed 2026-03-25

"Most recent SEC filing" may differ from the filing used for the financial figures above.

Location
Houston, TX 77056
1776 YORKTOWN
Data & Methodology

SEC EDGAR submissions API (identity, collected Sep 19, 2026, 15:11 UTC) and SEC XBRL Company Facts API (financials, collected Sep 26, 2026, 15:57 UTC) · figures as originally filed, not restated · a dash always means a value wasn't reported, never a real zero.

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