Nexalin Technology, Inc. (NXL)

Nexalin Technology Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	0.57	0.58	0.16	0.66	0.08
Short-Term Investments	2.91	2.37	6.83	-	-
Cash & Short-Term Investments	3.48	2.95	6.99	0.66	0.08
Cash Growth	18.03%	-57.84%	956.84%	743.72%	23.66%
Receivables	0.01	0.01	0	0.02	0.01
Inventory	0.17	0.16	0.15	0.03	0.02
Prepaid Expenses	0.29	0.32	0.27	0.04	0.01
Total Current Assets	3.96	3.43	7.43	0.75	0.12
Property, Plant & Equipment	-	0	0.01	0	0
Long-Term Investments	0	0.1	-	-	-
Other Intangible Assets	0.26	0.11	-	-	-
Total Assets	4.22	3.63	7.43	0.75	0.12
Accounts Payable	0.16	0.16	0.66	0.84	0.46
Accrued Expenses	0.3	0.17	0.2	0.28	0.19
Short-Term Debt	-	-	0.7	0.7	0.5
Current Portion of Long-Term Debt	-	-	-	0.04	0.05
Current Portion of Leases	-	0	0.05	0.04	0.04
Current Unearned Revenue	-	-	-	0.13	-
Other Current Liabilities	0.09	0.09	0.34	0.34	0.34
Total Current Liabilities	0.55	0.43	1.95	2.36	1.57
Long-Term Debt	-	-	-	0.02	0.05
Long-Term Leases	-	-	0	0.05	0.09
Total Liabilities	0.55	0.43	1.95	2.44	1.71
Common Stock	0.01	0.01	0.01	0	0
Additional Paid-In Capital	88.31	80.24	77.82	69	63.02
Retained Earnings	-84.65	-77.04	-72.39	-70.69	-64.61
Comprehensive Income & Other	-0	-0	0.04	-	-
Shareholders' Equity	3.68	3.21	5.48	-1.68	-1.59
Total Liabilities & Equity	4.22	3.63	7.43	0.75	0.12
Total Debt	-	0	0.76	0.85	0.73
Net Cash (Debt)	3.48	2.94	6.24	-0.19	-0.65
Net Cash Growth	18.20%	-52.81%	-	-	-
Net Cash Per Share	0.38	0.40	1.12	-0.04	-0.18
Filing Date Shares Outstanding	13.3	7.44	7.29	4.91	3.7
Total Common Shares Outstanding	13.3	7.44	7.29	4.88	3.7
Working Capital	3.41	3	5.48	-1.61	-1.45
Book Value Per Share	0.28	0.43	0.75	-0.34	-0.43
Tangible Book Value	3.42	3.1	5.48	-1.68	-1.59
Tangible Book Value Per Share	0.26	0.42	0.75	-0.34	-0.43
Machinery	-	-	0	0.03	0.03

Updated Mar 14, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q