NexGel, Inc. financials
Source: EDGAR filings · Built 2026-06-19T02:54:13Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -1.44M | -4.36M | -4.11M | -3.24M | -3.02M | -2.11M |
| EBITDA | -2.90M | -3.12M | -3.25M | -3.24M | -2.46M | -2.21M |
| Working Capital | 1.38M | 2.64M | 2.50M | 6.65M | 11.04M | -969.00K |
| Net Debt | 2.87M | 1.12M | -147.00K | 997.00K | 1.35B | 2.23M |
| Gross Margin | 39.48% | 31.63% | 9.15% | 12.50% | 0.52% | -43.18% |
| Operating Margin | -29.35% | -40.91% | -85.03% | -163.48% | -165.70% | -335.31% |
| Net Margin | -26.27% | -37.76% | -77.21% | -231.74% | -277.89% | -335.90% |
| Return on Equity (ROE) | -67.28% | -57.01% | -67.21% | -62.14% | -35.66% | -3188.73% |
| Return on Assets (ROA) | -28.68% | -29.87% | -31.71% | -45.82% | -25.38% | -100.31% |
| Current Ratio | 1.47× | 2.07× | 1.98× | 8.74× | 4.82× | 0.27× |
| Debt-to-Equity | 0.71× | 0.51× | 0.54× | 0.27× | 112.52× | 31.92× |
| Effective Tax Rate | — | — | — | 0.00% | — | — |
| Cash Conversion Ratio | 0.44× | 1.18× | 1.02× | 0.63× | 0.64× | 0.80× |
| Accruals Ratio | -0.16× | 0.05× | 0.01× | -0.17× | -0.09× | -0.21× |
| SBC % of Revenue | 5.73% | 4.22% | 5.31% | 14.55% | 18.38% | 34.42% |
| CapEx Coverage | -10.32× | -7.84× | -3.72× | -12.11× | -10.23× | -5.77× |
| Free Cash Flow Per Share | $-0.18 | $-0.67 | $-0.72 | $-0.58 | $-1.01 | $-0.94 |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 11.42M | 8.69M | 4.09M | 2.05M | — | — |
| Cost of Revenue | 6.91M | 5.94M | 3.71M | 1.79M | 1.54M | 965.00K |
| Gross Profit | 4.51M | 2.75M | 374.00K | 256.00K | 8.00K | -291.00K |
| Research and Development Expense | 2.00K | 78.00K | 103.00K | 367.00K | 31.00K | — |
| Selling, General and Administrative Expense | 7.86M | 6.22M | 3.75M | 3.24M | 2.55M | 1.97M |
| Operating Expenses | 7.86M | 6.30M | 3.85M | 3.60M | 2.58M | 1.97M |
| Operating Income (Loss) | -3.35M | -3.55M | -3.48M | -3.35M | -2.57M | -2.26M |
| Income Tax Expense (Benefit) | — | — | — | 0 | 0 | 0 |
| Net Income (Loss) Attributable to Parent | -3.00M | -3.28M | -3.16M | -4.75M | -4.31M | -2.26M |
| Earnings Per Share, Basic | $-0.38 | $-0.50 | $-0.56 | $-0.85 | $-1.45 | $-1.05 |
| Weighted Average Number of Shares Outstanding, Basic | 7.85M | 6.51M | 5.67M | 5.57M | 2.98M | 2.25M |
| Earnings Per Share, Diluted | $-0.38 | $-0.50 | $-0.56 | $-0.85 | $-1.45 | $-1.05 |
| Weighted Average Number of Shares Outstanding, Diluted | 7.85M | 6.51M | 5.67M | 5.57M | 2.98M | 2.25M |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | — | 1.81M | 2.70M | — | 13.35M | 32.00K |
| Assets, Current | 4.34M | 5.11M | 5.05M | 7.50M | 13.93M | 363.00K |
| Assets | 10.46M | 10.98M | 9.96M | 10.36M | 16.98M | 2.26M |
| Long-term Debt | 588.00K | 685.00K | 593.00K | 283.00K | — | — |
| Liabilities, Current | 2.96M | 2.47M | 2.55M | 859.00K | 2.89M | 1.33M |
| Liabilities | 5.57M | 4.90M | 4.79M | 2.72M | 4.90M | 2.19M |
| Stockholders' Equity Attributable to Parent | 4.46M | 5.75M | 4.70M | 7.64M | 12.09M | 71.00K |
| Common Stock, Shares, Outstanding | 8.14M | 7.64M | 5.74M | 5.58M | 5.57M | 2.84M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -1.31M | -3.87M | -3.24M | -2.99M | -2.75M | -1.80M |
| Payments to Acquire Property, Plant, and Equipment | 68.00K | 443.00K | 696.00K | 96.00K | 269.00K | 312.00K |
| Net Cash Provided by (Used in) Investing Activities | -68.00K | -775.00K | 4.46M | -5.59M | -269.00K | -312.00K |
| Net Cash Provided by (Used in) Financing Activities | 630.00K | 3.75M | 379.00K | -3.66M | 16.34M | 1.88M |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -529.00K | — | -1.66M | -856.00K | — | — |
| EBITDA | -859.00K | -1.10M | — | — | -663.00K | -733.00K |
| Working Capital | 2.32M | 1.38M | 2.29M | 1.77M | 2.22M | 2.64M |
| Net Debt | 4.08M | 2.87M | 2.35M | 2.03M | 1.65M | 1.12M |
| Gross Margin | 40.04% | 29.29% | 42.37% | 43.62% | 42.34% | 35.32% |
| Operating Margin | -36.15% | -43.42% | -24.71% | -22.05% | -27.69% | -27.66% |
| Net Margin | -34.98% | -34.69% | -22.26% | -23.06% | -25.37% | -27.95% |
| Return on Equity (ROE) | -23.21% | -21.75% | -12.59% | -14.24% | -13.67% | -14.77% |
| Return on Assets (ROA) | -7.99% | -9.27% | -5.62% | -6.85% | -6.82% | -7.74% |
| Current Ratio | 1.70× | 1.47× | 1.69× | 1.74× | 1.88× | 2.07× |
| Debt-to-Equity | 1.07× | 0.71× | 0.63× | 0.59× | 0.55× | 0.51× |
| Cash Conversion Ratio | 0.54× | -0.29× | 2.44× | 1.21× | 0.56× | 1.01× |
| Accruals Ratio | -0.04× | -0.12× | 0.08× | 0.01× | -0.03× | 0.00× |
| SBC % of Revenue | 5.40% | 5.58% | 16.97% | 10.16% | 5.92% | 3.16% |
| CapEx Coverage | -20.16× | — | -22.42× | -16.47× | — | — |
| Free Cash Flow Per Share | $-0.06 | — | $-0.21 | $-0.11 | — | — |
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 2.65M | 2.80M | 2.93M | 2.88M | 2.81M | 3.04M |
| Cost of Revenue | 1.59M | 1.98M | 1.69M | 1.63M | 1.62M | 1.97M |
| Gross Profit | 1.06M | 819.00K | 1.24M | 1.26M | 1.19M | 1.07M |
| Research and Development Expense | — | -6.00K | 7.00K | 1.00K | 1.00K | 0 |
| Selling, General and Administrative Expense | 2.02M | 2.04M | 1.96M | 1.89M | 1.96M | 1.92M |
| Operating Expenses | 2.02M | 2.03M | 1.97M | 1.89M | 1.97M | 1.92M |
| Operating Income (Loss) | -958.00K | -1.21M | -725.00K | -636.00K | -777.00K | -841.00K |
| Net Income (Loss) Attributable to Parent | -927.00K | -970.00K | -653.00K | -665.00K | -712.00K | -850.00K |
| Earnings Per Share, Basic | $-0.11 | $-0.12 | $-0.08 | $-0.09 | $-0.09 | $-0.11 |
| Weighted Average Number of Shares Outstanding, Basic | 8.20M | 7.85M | 7.97M | 7.65M | 7.65M | 6.51M |
| Earnings Per Share, Diluted | $-0.11 | $-0.12 | $-0.08 | $-0.09 | $-0.09 | $-0.11 |
| Weighted Average Number of Shares Outstanding, Diluted | 8.20M | 7.85M | 7.97M | 7.65M | 7.65M | 6.51M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | — | — | 938.00K | — | — | 1.81M |
| Assets, Current | 5.64M | 4.34M | 5.60M | 4.16M | 4.74M | 5.11M |
| Assets | 11.60M | 10.46M | 11.62M | 9.71M | 10.44M | 10.98M |
| Long-term Debt | 563.00K | 588.00K | 614.00K | 638.00K | 662.00K | 685.00K |
| Liabilities, Current | 3.31M | 2.96M | 3.31M | 2.40M | 2.52M | 2.47M |
| Liabilities | 7.12M | 5.57M | 6.04M | 4.66M | 4.87M | 4.90M |
| Stockholders' Equity Attributable to Parent | 3.99M | 4.46M | 5.19M | 4.67M | 5.21M | 5.75M |
| Common Stock, Shares, Outstanding | 8.48M | 8.14M | 8.14M | 7.65M | 7.65M | 7.64M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -504.00K | 281.00K | -1.59M | -807.00K | -400.00K | -859.00K |
| Net Cash Provided by (Used in) Investing Activities | -9.00K | -40.00K | -28.00K | -20.00K | — | -63.00K |
| Net Cash Provided by (Used in) Financing Activities | 1.58M | -1.04M | 1.67M | -255.00K | -215.00K | 1.67M |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (NXGL CIK 0001468929),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.