NASDAQ : NXGL
NEXGEL, Inc. — Financial statements
Healthcare · Medical Instruments & Supplies · United States
Last price 3.88 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 1.89M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
NEXGEL, Inc. (NXGL) reported revenue of 12.07M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 12.07M | 11.42M | 8.69M | 4.09M | 2.05M | 1.55M |
| Cost of Revenue | 7.83M | 6.91M | 5.94M | 3.71M | 1.79M | 1.54M |
| Gross Profit | 4.23M | 4.51M | 2.75M | 374.00K | 256.00K | 8.00K |
| Selling, General & Admin | 9.61M | 7.86M | 6.22M | 3.75M | 3.24M | 2.55M |
| Research & Development | 21.00K | 2.00K | 78.00K | 103.00K | 367.00K | 31.00K |
| Operating Expenses | 9.63M | 7.86M | 6.30M | 3.85M | 3.60M | 2.58M |
| Operating Income | -5.40M | -3.35M | -3.55M | -3.48M | -3.35M | -2.57M |
| Interest Expense | -2.26M | -34.00K | -81.00K | -15.00K | -1.34M | -2.00M |
| Other Non Operating Income (Expenses) | 1.45M | 331.00K | 122.00K | 113.00K | 79.00K | 8.00K |
| EBT Excluding Unusual Items | -6.21M | -3.06M | -3.51M | -3.38M | -4.61M | -4.56M |
| Gain (Loss) on Sale of Investments | 68.00K | 191.00K | 9.00K | |||
| Other Unusual Items | 162.00K | 162.00K | -18.00K | -150.00K | 250.00K | |
| Pretax Income | -6.05M | -2.89M | -3.46M | -3.19M | -4.75M | -4.31M |
| Earnings From Continuing Operations | -6.05M | -2.89M | -3.46M | -3.19M | -4.75M | -4.31M |
| Minority Interest in Earnings | -133.00K | -107.00K | 182.00K | 31.00K | ||
| Net Income | -6.19M | -3.00M | -3.28M | -3.16M | -4.75M | -4.31M |
| Net Income to Common | -6.19M | -3.00M | -3.28M | -3.16M | -4.75M | -4.31M |
| Shares Outstanding (Basic) | 413.63K | 392.71K | 325.58K | 283.59K | 278.74K | 149.00K |
| Shares Outstanding (Diluted) | 413.63K | 392.71K | 325.58K | 283.59K | 278.74K | 149.00K |
| EPS (Basic) | -14.96 | -7.64 | -10.08 | -11.13 | -17.03 | -28.93 |
| EPS (Diluted) | -15.00 | -7.64 | -10.08 | -11.13 | -17.03 | -28.93 |
| Free Cash Flow | -3.34M | -1.38M | -4.31M | -3.93M | -3.09M | -3.02M |
| Free Cash Flow Per Share | -8.07 | -3.51 | -13.24 | -13.87 | -11.08 | -20.28 |
| Gross Margin | 35.08% | 39.48% | 31.63% | 9.15% | 12.50% | 0.52% |
| Operating Margin | -44.77% | -29.35% | -40.91% | -85.03% | -163.48% | -165.70% |
| Profit Margin | -51.26% | -26.27% | -37.77% | -77.21% | -231.74% | -277.88% |
| Free Cash Flow Margin | -27.66% | -12.07% | -49.61% | -96.16% | -150.78% | -194.84% |
| EBITDA | -4.25M | -2.90M | -3.12M | -3.25M | -3.24M | -2.46M |
| EBITDA Margin | -35.23% | -25.41% | -35.89% | -79.51% | -158.01% | -158.41% |
| D&A For EBITDA | 1.15M | 450.00K | 436.00K | 226.00K | 112.00K | 113.00K |
| EBIT | -5.40M | -3.35M | -3.55M | -3.48M | -3.35M | -2.57M |
| EBIT Margin | -44.77% | -29.35% | -40.91% | -85.03% | -163.48% | -165.70% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 492.00K | 317.00K | 1.81M | 2.70M | 1.10M | 13.35M |
| Short-Term Investments | 5.51M | |||||
| Cash & Short-Term Investments | 492.00K | 317.00K | 1.81M | 2.70M | 6.61M | 13.35M |
| Receivables | 1.08M | 673.00K | 933.00K | 633.00K | 222.00K | 209.00K |
| Inventory | 2.30M | 2.11M | 1.75M | 1.32M | 502.00K | 291.00K |
| Prepaid Expenses | 1.08M | 496.00K | 623.00K | 400.00K | 172.00K | 77.00K |
| Restricted Cash | 1.21M | 741.00K | ||||
| Total Current Assets | 6.17M | 4.34M | 5.11M | 5.05M | 7.50M | 13.93M |
| Property, Plant & Equipment | 5.31M | 3.97M | 3.84M | 3.35M | 2.46M | 2.65M |
| Long-Term Investments | 249.00K | 249.00K | ||||
| Goodwill | 1.13M | 1.13M | 1.13M | 1.13M | 311.00K | 311.00K |
| Other Intangible Assets | 13.49M | 681.00K | 807.00K | 326.00K | 20.00K | 33.00K |
| Other Long-Term Assets | 95.00K | 95.00K | 95.00K | 95.00K | 63.00K | 63.00K |
| Total Assets | 26.45M | 10.46M | 10.98M | 9.96M | 10.36M | 16.98M |
| Accounts Payable | 3.92M | 1.29M | 1.29M | 1.23M | 265.00K | 254.00K |
| Accrued Expenses | 136.00K | 126.00K | 242.00K | 61.00K | 108.00K | 54.00K |
| Short-Term Debt | 245.00K | 2.04M | ||||
| Current Portion of Long-Term Debt | 102.00K | 99.00K | 97.00K | 80.00K | 15.00K | 10.00K |
| Current Portion of Leases | 815.00K | 375.00K | 296.00K | 233.00K | 207.00K | 207.00K |
| Current Unearned Revenue | 2.00K | 179.00K | 20.00K | |||
| Other Current Liabilities | 9.47M | 1.06M | 364.00K | 677.00K | 264.00K | 326.00K |
| Total Current Liabilities | 14.44M | 2.96M | 2.47M | 2.55M | 859.00K | 2.89M |
| Long-Term Debt | 3.49M | 489.00K | 588.00K | 513.00K | 268.00K | 266.00K |
| Long-Term Leases | 3.05M | 2.12M | 1.84M | 1.73M | 1.59M | 1.74M |
| Total Liabilities | 20.98M | 5.57M | 4.90M | 4.79M | 2.72M | 4.90M |
| Common Stock | 10.00K | 8.00K | 8.00K | 6.00K | 6.00K | 6.00K |
| Additional Paid-In Capital | 30.50M | 25.45M | 23.74M | 19.41M | 19.19M | 18.89M |
| Retained Earnings | -25.56M | -21.00M | -18.00M | -14.71M | -11.56M | -6.81M |
| Total Common Equity | 4.95M | 4.46M | 5.75M | 4.70M | 7.64M | 12.09M |
| Minority Interest | 517.00K | 432.00K | 325.00K | 469.00K | ||
| Shareholders' Equity | 5.47M | 4.89M | 6.08M | 5.17M | 7.64M | 12.09M |
| Total Liabilities & Equity | 26.45M | 10.46M | 10.98M | 9.96M | 10.36M | 16.98M |
| Total Debt | 7.46M | 3.09M | 2.83M | 2.80M | 2.08M | 4.26M |
| Net Cash (Debt) | -6.97M | -2.77M | -1.02M | -98.00K | 4.53M | 9.09M |
| Net Cash Per Share | -16.84 | -7.06 | -3.13 | -0.35 | 16.24 | 60.98 |
| Filing Date Shares Outstanding | 487.38K | 423.79K | 382.70K | 311.38K | 280.56K | 278.61K |
| Total Common Shares Outstanding | 485.00K | 407.16K | 381.93K | 287.09K | 278.90K | 278.61K |
| Working Capital | -8.27M | 1.38M | 2.64M | 2.50M | 6.65M | 11.04M |
| Book Value Per Share | 10.20 | 10.95 | 15.07 | 16.36 | 27.38 | 43.38 |
| Tangible Book Value | -9.67M | 2.65M | 3.82M | 3.24M | 7.31M | 11.74M |
| Tangible Book Value Per Share | -19.94 | 6.51 | 10.00 | 11.30 | 26.20 | 42.14 |
| Machinery | 2.43M | 2.36M | 2.31M | 1.42M | 1.03M | 990.00K |
| Construction In Progress | 558.00K | 547.00K | 532.00K | 387.00K | 55.00K | |
| Leasehold Improvements | 419.00K | 419.00K | 419.00K | 419.00K | 228.00K | 228.00K |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -6.19M | -3.00M | -3.28M | -3.16M | -4.75M | -4.31M |
| Depreciation & Amortization | 1.55M | 740.00K | 663.00K | 443.00K | 112.00K | 113.00K |
| Other Amortization | 1.91M | 1.32M | 1.93M | |||
| Loss (Gain) From Sale of Investments | -68.00K | -191.00K | -9.00K | |||
| Stock-Based Compensation | 623.00K | 654.00K | 367.00K | 217.00K | 298.00K | 285.00K |
| Other Operating Activities | -1.06M | -173.00K | -192.00K | -96.00K | 263.00K | -181.00K |
| Change in Accounts Receivable | -325.00K | 260.00K | -300.00K | -411.00K | -13.00K | -137.00K |
| Change in Inventory | -456.00K | -360.00K | -432.00K | -760.00K | -211.00K | -58.00K |
| Change in Accounts Payable | 849.00K | -3.00K | 59.00K | 968.00K | 11.00K | -405.00K |
| Change in Unearned Revenue | -180.00K | -177.00K | 159.00K | 20.00K | -38.00K | |
| Change in Other Net Operating Assets | 60.00K | 748.00K | -842.00K | -238.00K | -21.00K | 45.00K |
| Operating Cash Flow | -3.21M | -1.31M | -3.87M | -3.24M | -2.99M | -2.75M |
| Capital Expenditures | -133.00K | -68.00K | -443.00K | -696.00K | -96.00K | -269.00K |
| Cash Acquisitions | -400.00K | -547.00K | ||||
| Investment in Securities | -6.50M | 68.00K | 5.70M | -5.50M | ||
| Investing Cash Flow | -6.63M | -68.00K | -775.00K | 4.46M | -5.59M | -269.00K |
| Short-Term Debt Issued | 345.00K | 245.00K | 3.08M | |||
| Long-Term Debt Issued | 315.00K | 15.00K | ||||
| Total Debt Issued | 10.20M | 345.00K | 560.00K | 3.10M | ||
| Short-Term Debt Repaid | -3.51M | -100.00K | ||||
| Long-Term Debt Repaid | -156.00K | -127.00K | -181.00K | -151.00K | -15.00K | |
| Lease Payments | -175.00K | -151.00K | ||||
| Total Debt Repaid | -164.00K | -156.00K | -127.00K | -181.00K | -3.66M | -115.00K |
| Net Debt Issued (Repaid) | 10.04M | -156.00K | 218.00K | 379.00K | -3.66M | 2.98M |
| Issuance of Common Stock | 963.00K | 963.00K | 3.77M | 13.47M | ||
| Other Financing Activities | -181.00K | -177.00K | -241.00K | -115.00K | ||
| Financing Cash Flow | 10.82M | 630.00K | 3.75M | 379.00K | -3.66M | 16.34M |
| Net Cash Flow | 981.00K | -749.00K | -893.00K | 1.60M | -12.25M | 13.32M |
| Free Cash Flow | -3.34M | -1.38M | -4.31M | -3.93M | -3.09M | -3.02M |
| Free Cash Flow Margin | -27.66% | -12.07% | -49.61% | -96.16% | -150.78% | -194.84% |
| Free Cash Flow Per Share | -8.07 | -3.51 | -13.24 | -13.87 | -11.08 | -20.28 |
| Levered Free Cash Flow | 8.45M | -1.10M | -2.55M | -2.32M | -1.61M | -1.31M |
| Unlevered Free Cash Flow | 7.95M | -1.08M | -2.50M | -2.31M | -2.09M | -2.00M |
| Free Cash Flow After Leases | -3.34M | -1.38M | -4.31M | -4.11M | -3.24M | -3.02M |
| Change in Working Capital | -52.00K | 468.00K | -1.36M | -421.00K | -234.00K | -593.00K |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 1.71M | 13.11M | 33.53M | 12.18M | 6.97M | 14.52M |
| Enterprise Value | 8.68M | 15.75M | 36.03M | 11.85M | 1.68M | 16.82M |
| Last Close Price | 3.51 | 32.20 | 89.20 | 42.60 | 25.00 | 52.20 |
| Forward PE | 31.88 | |||||
| PS Ratio | 0.14 | 1.15 | 3.86 | 2.98 | 3.40 | 9.37 |
| PB Ratio | 0.34 | 2.68 | 5.51 | 2.36 | 0.91 | 1.20 |
| P/TBV Ratio | 4.95 | 8.78 | 3.75 | 0.95 | 1.24 | |
| EV/Sales Ratio | 0.72 | 1.38 | 4.15 | 2.90 | 0.82 | 10.85 |
| Debt / Equity Ratio | 1.36 | 0.63 | 0.47 | 0.54 | 0.27 | 0.35 |
| Net Debt / Equity Ratio | 1.27 | 0.57 | 0.17 | 0.02 | -0.59 | -0.75 |
| Net Debt / EBITDA Ratio | -1.64 | -0.95 | -0.33 | -0.03 | 1.40 | 3.70 |
| Net Debt / FCF Ratio | -2.09 | -2.01 | -0.24 | -0.03 | 1.47 | 3.01 |
| Asset Turnover | 0.67 | 1.06 | 0.83 | 0.40 | 0.15 | 0.16 |
| Inventory Turnover | 3.80 | 3.58 | 3.87 | 4.08 | 4.52 | 5.89 |
| Quick Ratio | 0.11 | 0.34 | 1.11 | 1.31 | 7.95 | 4.70 |
| Current Ratio | 0.43 | 1.47 | 2.07 | 1.98 | 8.74 | 4.82 |
| Return on Equity (ROE) | -115.06% | -52.74% | -61.59% | -49.80% | -48.13% | -70.91% |
| Return on Assets (ROA) | -18.68% | -19.54% | -21.22% | -21.40% | -15.31% | -16.70% |
| Return on Capital Employed (ROCE) | -45.00% | -44.70% | -41.70% | -46.90% | -35.20% | -18.20% |
| Earnings Yield | -427.44% | -22.88% | -9.79% | -25.92% | -68.14% | -29.67% |
| FCF Yield | -195.12% | -10.52% | -12.85% | -32.29% | -44.33% | -20.81% |
| Buyback Yield / Dilution | -13.67% | -20.62% | -14.80% | -1.74% | -87.08% | -32.20% |