NASDAQ : NNOX

Nano-X Imaging Ltd. — Financial statements

Healthcare · Medical Devices · Israel

Last price 0.3301 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 23.13M

Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports

Financial statements

Nano-X Imaging Ltd. (NNOX) reported revenue of 15.63M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.

Income statement

Fiscal year January - December; amounts in USD.

TTMFY2025FY2024FY2023FY2022FY2021
Revenue15.63M13.02M11.28M9.90M8.58M1.30M
Cost of Revenue27.70M25.81M21.89M16.50M15.46M2.82M
Gross Profit-12.07M-12.79M-10.61M-6.59M-6.88M-1.51M
Selling, General & Admin29.52M27.20M25.78M28.44M45.63M41.54M
Research & Development18.93M19.24M20.18M26.05M26.51M17.12M
Other Operating Expenses879.00K1.42M90.00K926.00K8.19M1.18M
Operating Expenses49.33M47.85M46.06M55.41M80.33M59.85M
Operating Income-61.39M-60.64M-56.66M-62.01M-87.21M-61.36M
Interest Expense-288.00K
Interest & Investment Income1.12M1.42M2.87M1.65M789.00K
EBT Excluding Unusual Items-60.28M-59.22M-53.80M-60.35M-86.42M-61.65M
Merger & Restructuring Charges-17.53M-17.53M-198.00K
Impairment of Goodwill-7.42M-50.88M
Gain (Loss) on Sale of Investments2.00K-178.00K
Legal Settlements-39.00K-57.00K-81.00K2.35M
Other Unusual Items-34.00K-7.00K4.49M20.38M
Pretax Income-118.57M-76.81M-53.87M-61.12M-116.92M-61.85M
Income Tax Expense-1.76M-1.79M-358.00K-339.00K-3.68M-48.00K
Net Income-116.81M-75.02M-53.52M-60.78M-113.24M-61.80M
Net Income to Common-116.81M-75.02M-53.52M-60.78M-113.24M-61.80M
Shares Outstanding (Basic)67.74M64.79M58.67M56.37M52.23M48.22M
Shares Outstanding (Diluted)67.74M64.79M58.67M56.37M52.23M48.22M
EPS (Basic)-1.72-1.16-0.91-1.08-2.17-1.28
EPS (Diluted)-1.72-1.16-0.91-1.08-2.17-1.28
Free Cash Flow-52.09M-45.00M-39.37M-48.08M-50.56M-61.22M
Free Cash Flow Per Share-0.77-0.69-0.67-0.85-0.97-1.27
Gross Margin-77.18%-98.21%-94.03%-66.55%-80.20%-115.95%
Operating Margin-392.71%-465.73%-502.22%-626.02%-1,016.65%-4,705.52%
Profit Margin-747.19%-576.13%-474.31%-613.59%-1,320.16%-4,739.11%
Free Cash Flow Margin-333.22%-345.60%-348.89%-485.41%-589.37%-4,694.71%
EBITDA-49.95M-48.95M-44.93M-50.20M-75.70M-59.07M
D&A For EBITDA11.44M11.70M11.73M11.81M11.51M2.29M
EBIT-61.39M-60.64M-56.66M-62.01M-87.21M-61.36M

Balance sheet

Fiscal year January - December; amounts in USD.

TTMFY2025FY2024FY2023FY2022FY2021
Cash & Equivalents31.02M49.15M39.30M56.38M38.46M66.64M
Short-Term Investments10.46M33.90M26.01M39.16M22.07M
Cash & Short-Term Investments31.02M59.61M73.21M82.38M77.62M88.71M
Receivables1.89M2.01M1.80M1.48M977.00K1.05M
Inventory3.42M3.07M1.49M2.36M
Prepaid Expenses918.00K1.25M827.00K1.27M2.41M3.13M
Other Current Assets1.74M845.00K1.35M1.14M1.45M1.97M
Total Current Assets38.99M66.79M78.68M88.64M82.46M94.86M
Property, Plant & Equipment34.92M20.90M15.54M14.70M12.96M12.37M
Long-Term Investments25.20M67.84M
Goodwill316.00K316.00K7.42M58.30M
Other Intangible Assets14.16M59.87M70.00M80.61M91.22M101.83M
Other Long-Term Assets2.79M14.29M45.79M34.71M34.67M27.97M
Total Assets91.19M162.16M210.00M218.65M253.93M363.17M
Accounts Payable2.14M2.89M2.21M3.30M3.62M3.13M
Accrued Expenses2.87M4.22M3.97M3.92M12.24M3.61M
Short-Term Debt145.00K
Current Portion of Long-Term Debt2.92M3.14M3.06M3.49M
Current Portion of Leases979.00K950.00K745.00K861.00K740.00K881.00K
Current Unearned Revenue601.00K534.00K140.00K543.00K182.00K247.00K
Other Current Liabilities4.21M5.16M3.85M3.41M8.29M44.73M
Total Current Liabilities13.71M16.89M13.97M15.52M25.07M52.75M
Long-Term Debt3.48M3.80M
Long-Term Leases3.83M3.77M3.64M4.04M398.00K950.00K
Long-Term Unearned Revenue6.00K17.00K398.00K415.00K
Long-Term Deferred Tax Liabilities411.00K600.00K2.58M2.95M3.33M7.06M
Other Long-Term Liabilities757.00K1.16M695.00K612.00K4.57M6.05M
Total Liabilities18.72M22.43M20.88M23.13M37.25M71.02M
Common Stock199.00K198.00K181.00K165.00K158.00K149.00K
Additional Paid-In Capital590.79M588.30M562.69M515.89M477.95M438.82M
Retained Earnings-518.52M-448.77M-373.75M-320.23M-259.46M-146.21M
Comprehensive Income & Other-1.00K-305.00K-1.97M-607.00K
Shareholders' Equity72.47M139.73M189.12M195.51M216.68M292.15M
Total Liabilities & Equity91.19M162.16M210.00M218.65M253.93M363.17M
Total Debt7.73M7.85M7.45M8.40M4.62M5.77M
Net Cash (Debt)23.30M51.76M65.76M73.99M98.20M150.78M
Net Cash Per Share0.340.801.121.311.883.13
Filing Date Shares Outstanding70.06M69.59M63.76M57.78M55.15M51.79M
Total Common Shares Outstanding70.06M69.59M63.76M57.78M55.09M51.79M
Working Capital25.27M49.91M64.71M73.11M57.39M42.11M
Book Value Per Share1.032.012.973.383.935.64
Tangible Book Value57.99M79.55M119.12M114.91M118.04M132.02M
Tangible Book Value Per Share0.831.141.871.992.142.55
Land6.31M6.31M6.31M6.31M6.31M
Machinery15.48M9.94M5.65M6.51M4.66M
Leasehold Improvements1.21M1.13M854.00K647.00K544.00K

Cash flow statement

Fiscal year January - December; amounts in USD.

TTMFY2025FY2024FY2023FY2022FY2021
Net Income-116.81M-75.02M-53.52M-60.78M-113.24M-61.80M
Depreciation & Amortization11.44M11.70M11.73M11.81M11.51M2.29M
Loss (Gain) From Sale of Assets136.00K207.00K202.00K1.30M
Asset Writedown & Restructuring Costs58.22M17.53M7.42M51.05M214.00K
Loss (Gain) From Sale of Investments44.00K108.00K-262.00K913.00K1.40M-216.00K
Stock-Based Compensation3.62M4.19M7.26M6.84M18.62M18.81M
Other Operating Activities-2.43M-2.27M-889.00K-4.80M-24.16M-106.00K
Change in Accounts Receivable308.00K107.00K-321.00K-507.00K74.00K-40.00K
Change in Inventory-1.32M-325.00K-277.00K
Change in Accounts Payable-138.00K288.00K-1.32M-153.00K469.00K1.72M
Change in Unearned Revenue102.00K130.00K-403.00K-37.00K-82.00K179.00K
Change in Other Net Operating Assets124.00K2.57M1.19M-6.79M10.97M887.00K
Operating Cash Flow-46.70M-40.79M-36.60M-44.78M-43.38M-38.06M
Capital Expenditures-5.39M-4.21M-2.77M-3.30M-7.17M-23.16M
Cash Acquisitions-200.00K-200.00K-2.86M
Investment in Securities12.54M33.78M-7.33M39.11M21.78M-90.30M
Other Investing Activities-9.95M-373.00K
Investing Cash Flow6.95M29.37M-20.05M35.43M14.61M-116.32M
Long-Term Debt Issued3.80M
Short-Term Debt Repaid-145.00K
Total Debt Repaid-145.00K
Net Debt Issued (Repaid)-145.00K3.80M
Issuance of Common Stock22.32M22.44M40.47M30.90M949.00K3.58M
Other Financing Activities-1.20M-1.08M-970.00K-3.65M
Financing Cash Flow21.12M21.37M39.50M27.25M804.00K7.38M
Foreign Exchange Rate Adjustments-245.00K-101.00K72.00K-60.00K-268.00K-10.00K
Net Cash Flow-18.88M9.85M-17.07M17.85M-28.24M-147.01M
Free Cash Flow-52.09M-45.00M-39.37M-48.08M-50.56M-61.22M
Free Cash Flow Margin-333.22%-345.60%-348.89%-485.41%-589.37%-4,694.71%
Free Cash Flow Per Share-0.77-0.69-0.67-0.85-0.97-1.27
Levered Free Cash Flow-30.80M-25.29M-19.41M-37.99M-57.62M7.35M
Unlevered Free Cash Flow-30.80M-25.29M-19.41M-37.99M-57.62M7.53M
Cash Interest Paid127.00K132.00K140.00K149.00K90.00K13.00K
Cash Income Tax Paid170.00K184.00K53.00K3.00K147.00K7.00K
Change in Working Capital-929.00K2.77M-1.13M-7.48M11.43M2.75M

Ratios

Fiscal year January - December; amounts in USD.

TTMFY2025FY2024FY2023FY2022FY2021
Market Capitalization21.16M194.85M421.36M367.76M385.74M751.50M
Enterprise Value-2.14M157.55M372.46M278.75M273.59M575.38M
Last Close Price0.332.807.206.377.3814.54
PS Ratio1.4314.9637.3437.1344.97576.30
PB Ratio0.321.392.231.881.782.57
P/TBV Ratio0.392.453.543.203.275.69
EV/Sales Ratio12.1033.0128.1431.89441.24
Debt / Equity Ratio0.110.060.040.040.020.02
Net Debt / Equity Ratio-0.32-0.37-0.35-0.38-0.45-0.52
Net Debt / EBITDA Ratio0.471.061.461.471.302.55
Net Debt / FCF Ratio0.451.151.671.541.942.46
Asset Turnover0.110.070.050.040.030.00
Inventory Turnover9.7711.3111.38
Quick Ratio2.403.655.375.403.131.70
Current Ratio2.843.965.635.713.291.80
Return on Equity (ROE)-98.98%-45.62%-27.83%-29.49%-44.51%-23.64%
Return on Assets (ROA)-27.86%-20.37%-16.52%-16.40%-17.66%-12.80%
Return on Capital Employed (ROCE)-79.20%-41.70%-28.90%-30.50%-38.10%-19.80%
Earnings Yield-570.97%-38.50%-12.70%-16.53%-29.36%-8.22%
FCF Yield-232.35%-23.09%-9.34%-13.07%-13.11%-8.15%
Buyback Yield / Dilution-9.91%-10.43%-4.09%-7.91%-8.33%-35.23%