Nexalin Technology Inc
NXLHealthcare·Medical Devices·USA·Nano·NASD·Nov 11 • 10:59 AM ET
1.53+0.06 (4.08%)
2026-11-11 17:02 CET
Market cap
1.69 USD m
Revenue, TTM
0.22 USD m
Net income, TTM
-8.99 USD m
Free cash flow, TTM
-6.18 USD m
EPS diluted, TTM
-14.02
P/E
-
Price
NXL against its 20, 50 and 200-day averages2050200beatmiss
96.2% under the 52-week high of 40.20 on 11 Nov 2025. 52-week low 1.31 on 5 Nov 2026. Last 15 sessions, 63.4% high to low
Profile
NXL52-week range, 1% of the way up
1.3140.20
Nexalin Technology, Inc. designs and develops neurostimulation products. Its medical devices help people with mental health illness. The company was founded by John Patrick Claude on October 19, 2010 and is headquartered in Houston, TX.
| Employees | 8 |
|---|---|
| IPO | Sep 16, 2022 |
| Beta | 4.36 |
| ATR, 14d | 0.34 |
| Rel volume | 0.02 |
| Short float | 1.40% |
| Insider own | 21.36% |
| Inst own | 9.03% |
Snapshot
6 groupsValuation
| Index | - |
|---|---|
| Market Cap | 1.76M |
| Enterprise Value | 0.76M |
| Income | -8.99M |
| Sales | 0.22M |
| Book/sh | 2.07 |
| Cash/sh | 0.87 |
| Dividend Est. | - |
| Dividend TTM | - |
| Dividend Ex-Date | - |
| Dividend Gr. 3/5Y | - - |
| Payout | - |
| Employees | 8 |
| IPO | Sep 16, 2022 |
Ratios
| P/E | - |
|---|---|
| Forward P/E | - |
| PEG | - |
| P/S | 8.00 |
| P/B | 0.74 |
| P/C | 1.76 |
| P/FCF | - |
| EV/EBITDA | - |
| EV/Sales | 3.45 |
| Quick Ratio | 1.10 |
| Current Ratio | 1.25 |
| Debt/Eq | 0.00 |
| LT Debt/Eq | 0.00 |
| Option/Short | No / Yes |
Earnings
| EPS (ttm) | -14.02 |
|---|---|
| EPS next Y | -7.55 |
| EPS next Q | -2.91 |
| EPS this Y | 23.87% |
| EPS next Y | 33.89% |
| EPS next 5Y | - |
| EPS past 3/5Y | -29.12% -1.42% |
| Sales past 3/5Y | -38.88% 4.43% |
| EPS Y/Y TTM | 32.15% |
| Sales Y/Y TTM | 24.22% |
| EPS Q/Q | -5.30% |
| Sales Q/Q | -82.77% |
| Earnings | Sep 02 |
| EPS/Sales Surpr. | -5.91% -86.44% |
Ownership
| Insider Own | 21.36% |
|---|---|
| Insider Trans | 0.00% |
| Inst Own | 9.03% |
| Inst Trans | 6.64% |
| ROA | -187.89% |
| ROE | -240.25% |
| ROIC | -591.60% |
| Gross Margin | -931.75% |
| Oper. Margin | -4202.54% |
| Profit Margin | -4139.38% |
| SMA20 | -13.57% |
| SMA50 | -56.40% |
| SMA200 | -85.00% |
| Trades | - |
Technical
| Shs Outstand | 1.15M |
|---|---|
| Shs Float | 0.90M |
| Short Float | 1.40% |
| Short Ratio | 0.01 |
| Short Interest | 0.01M |
| 52W High | 40.20 -96.19% |
| 52W Low | 1.31 16.79% |
| Volatility | 11.46% 12.82% |
| ATR (14) | 0.34 |
| RSI (14) | 29.59 |
| Beta | 4.36 |
| Rel Volume | 0.02 |
| Avg Volume | 1.02M |
| Volume | 4,489 |
Performance
| Perf Week | -1.92% |
|---|---|
| Perf Month | -42.05% |
| Perf Quarter | -85.45% |
| Perf Half Y | -85.02% |
| Perf YTD | -90.86% |
| Perf Year | -95.89% |
| Perf 3Y | -86.03% |
| Perf 5Y | - |
| Perf 10Y | - |
| Recom | 1.00 |
| Target Price | 15.00 |
| Prev Close | 1.47 |
| Price | 1.53 |
| Change % | 4.08% |
Peers
Mkt cap| Ticker | Company | Mkt cap |
|---|---|---|
| ECOR | ElectroCore Inc | 74.17M |
| STIM | Neuronetics Inc | 125.99M |
| BWAY | Brainsway Ltd ADR | 436.71M |
| MOBI | Mobia Medical Inc | 430.10M |
| NPCE | NeuroPace Inc | 436.43M |
| NMTC | NeuroOne Medical Technologies Corp | 6.93M |
| LIVN | LivaNova PLC | 4.99B |
| CLPT | ClearPoint Neuro Inc | 290.26M |
| VVOS | Vivos Therapeutics Inc | 2.98M |
| CMPS | Compass Pathways Plc ADR | 1.32B |
Held by
AUM| Ticker | Company | AUM |
|---|---|---|
| VXF | Vanguard Extended Market Index ETF | AUM: 30.47B |
News
latest 14 of 204- Nexalin Technology Announces Fourth Peer-Reviewed Publication in Alzheimer's Disease: 15 mA DIFS Significantly Improves Sleep Quality in Patients with Mild Alzheimer's Disease (GlobeNewswire)
- Nexalin Technology Regains Compliance with Nasdaq Minimum Bid Price Requirement; Nasdaq Hearings Panel Grants Request for Continued Listing (GlobeNewswire)
- Nexalin Technology Signs South America Distribution Agreement for Nexalin Sync Commercialization (InvestorsHub) +76.40%
- Nexalin Technology Signs Definitive Exclusive Distribution and Local Manufacturing Agreement for Brazil and South America, Marking a Major Step in its Transition Toward Commercial Revenue Generation (GlobeNewswire)
- Nexalin Technology Taps Neuromodulation Commercial Executive Robert DiTota to Advise on its Global Commercialization Strategy (GlobeNewswire)
- Loading…
- Nexalin Technology Announces Reverse Stock Split (GlobeNewswire) -13.63%
- Nexalin Technology Announces that the Investigator of Its Brazilian Clinical Trial Received the Young Researcher Award at BRAIN 2026 for Research Evaluating the Company's Proprietary DIFS Platform (GlobeNewswire)
- Nexalin Technology Announces Two Clinical Abstracts Accepted for Presentation at the 2026 NYC Neuromodulation Conference Highlighting Preliminary Clinical Results Across Anxiety, Depression, Insomnia and Quality of Life (GlobeNewswire)
- Nexalin Technology Reports Compelling Clinical Trial Results in Brazil to Support Product Launch. Trial Demonstrates 77.8% Anxiety Response Rate and Durable Benefits Across Depression, Insomnia and Quality of Life as Company Advances Brazilian Sales Plan. (GlobeNewswire)
- Nexalin Technology Announces Issuance of U.S. Patent Covering Dynamic Frequency Stimulation for Anxiety, Depression and Insomnia (GlobeNewswire)
- Nexalin Technology Secures Key Neurostimulation Legislative Provision & Commends U.S. House-Passed Report Language Expanding Non-Invasive Deep Brain Neurostimulation Research at the Department of Veterans Affairs for Traumatic Brain Injury (GlobeNewswire) +19.10%
- Nexalin Acquires AI-Integrated Digital Health Platform Behind HALO Clarity and Nexalin NeuroCare Ahead of Planned FDA Pivotal Trial (GlobeNewswire)
- Nexalin Announces Peer-Reviewed Publication with Neuroimaging Data in Psychotherapy and Psychosomatics Highlighting Brain-Network Effects and Clinical Improvement in Chronic Insomnia (GlobeNewswire) -8.62%
Quarterly earnings
actual against estimate| Period | Reported | EPS act | EPS est | EPS rep | Sales act | Sales est | Analysts |
|---|---|---|---|---|---|---|---|
| 2026Q2 | 2026-09-02 | -3.177 | -3.000 | -3.177 | 0.01 | 0.09 | 1 |
| 2026Q1 | 2026-06-03 | -3.300 | -3.300 | -3.174 | 0.02 | 0.02 | 1 |
| 2025Q4 | 2026-02-25 | -3.900 | - | -3.900 | 0.17 | - | - |
| 2025Q2 | 2025-09-03 | -3.000 | -3.000 | -3.017 | 0.07 | 0.07 | 1 |
| 2025Q1 | 2025-05-28 | -4.500 | -4.500 | -4.483 | 0.04 | 0.04 | 1 |
| 2024Q4 | 2025-02-26 | -6.600 | -3.600 | -6.389 | 0.03 | 0.03 | 1 |
| 2024Q3 | 2024-11-27 | -6.900 | - | -6.771 | 0.04 | 0.03 | - |
| 2025Q3 | - | - | -3.600 | -3.838 | - | 0.04 | 1 |
| 2026Q3 | - | - | -2.910 | - | - | 0.08 | 1 |
| 2026Q4 | - | - | -2.340 | - | - | 0.09 | 1 |
| 2027Q1 | - | - | -2.220 | - | - | 0.05 | 1 |
| 2027Q2 | - | - | -2.130 | - | - | 0.05 | 1 |
| 2027Q3 | - | - | -1.790 | - | - | 0.11 | 1 |
| 2027Q4 | - | - | -1.590 | - | - | 0.14 | 1 |
Annual earnings
| Period | EPS act | EPS est | EPS rep | Sales act | Sales est |
|---|---|---|---|---|---|
| 2024FY | -24.900 | -18.300 | -24.764 | 0.17 | 0.17 |
| 2025FY | -15.000 | - | -15.000 | 0.30 | - |
| 2026FY | - | -11.420 | - | - | 0.19 |
| 2027FY | - | -7.550 | - | - | 0.34 |
Estimate revisions
last 14 periods| Period | Type | Date | Estimates | Up | Down | Mean | Low | High |
|---|---|---|---|---|---|---|---|---|
| 2026Q3 | S | 2026-09-30 | 1 | 0 | 1 | 0.08 | 0.08 | 0.08 |
| 2026Q3 | S | 2026-06-03 | 1 | 0 | 0 | 0.09 | 0.09 | 0.09 |
| 2026Q3 | S | 2026-04-06 | 1 | 0 | 0 | 0.09 | 0.09 | 0.09 |
| 2026Q3 | S | 2025-11-11 | 1 | 0 | 0 | 0.18 | 0.18 | 0.18 |
| 2026Q3 | S | 2025-11-10 | 1 | 0 | 0 | 0.18 | 0.18 | 0.18 |
| 2026Q3 | S | 2025-11-09 | 1 | 0 | 0 | 0.18 | 0.18 | 0.18 |
| 2026Q3 | S | 2025-11-08 | 1 | 0 | 0 | 0.18 | 0.18 | 0.18 |
| 2026Q3 | S | 2025-11-07 | 1 | 0 | 0 | 0.18 | 0.18 | 0.18 |
| 2026Q3 | S | 2025-11-06 | 1 | 0 | 0 | 0.18 | 0.18 | 0.18 |
| 2026Q3 | S | 2025-11-05 | 1 | 0 | 0 | 0.18 | 0.18 | 0.18 |
| 2026Q3 | S | 2025-11-04 | 1 | 0 | 0 | 0.18 | 0.18 | 0.18 |
| 2026Q3 | S | 2025-11-03 | 1 | 0 | 0 | 0.18 | 0.18 | 0.18 |
| 2026Q3 | S | 2025-11-02 | 1 | 0 | 0 | 0.18 | 0.18 | 0.18 |
| 2026Q3 | S | 2025-11-01 | 1 | 0 | 0 | 0.18 | 0.18 | 0.18 |
Estimate history
| EPS, annual | -20.692 | -14.025 | -25.047 | -6.99 | -18.754 | -24.764 | -15.047 | -14.0175 | |
|---|---|---|---|---|---|---|---|---|---|
| Period | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | |
| EPS, quarterly | -5.14 | -6.771 | -6.389 | -4.483 | -3.017 | -3.838 | -3.829 | -3.174 | -3.177 |
| Period | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
| Sales, annual | 0.207 | 0.243 | 0.144 | 1.321 | 0.111 | 0.169 | 0.302 | 0.22 | |
| Period | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | |
| Sales, quarterly | 0.027 | 0.036 | 0.027 | 0.041 | 0.071 | 0.018 | 0.172 | 0.015 | 0.012 |
| Period | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
| Shares, annual | 0.243 | 0.243 | 0.243 | 0.243 | 0.248 | 0.443 | 0.64 | 0.733 | |
| Period | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | MRQ | |
| Shares, quarterly | 0.253 | 0.429 | 0.443 | 0.444 | 0.581 | 0.606 | 0.64 | 0.686 | 0.733 |
| Period | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
Income statement, annual
| Metric | TTM | 2025FY | 2024FY | 2023FY | 2022FY | 2021FY | 2020FY | 2019FY |
|---|---|---|---|---|---|---|---|---|
| Total Revenue | 0.22 | 0.30 | 0.17 | 0.11 | 1.32 | 0.14 | 0.24 | 0.21 |
| Cost of Goods Sold Incl. D&A | 2.24 | 1.94 | 1.54 | 1.41 | 1.06 | 0.25 | 0.17 | 0.22 |
| Gross Profit | -2.02 | -1.64 | -1.37 | -1.30 | 0.26 | -0.11 | 0.08 | -0.01 |
| Selling, General and Administrative Excl. Other | 7.10 | 6.75 | 6.39 | 4.39 | 2.10 | 5.91 | 3.33 | 1.46 |
| Research and Development | 1.36 | 1.08 | 1.19 | 1.92 | 0.51 | - | - | - |
| Other Operating Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Income | -9.13 | -8.39 | -7.75 | -5.70 | -1.83 | -6.02 | -3.26 | -1.47 |
| Interest Expense | - | - | - | 0.04 | 0.06 | 0.08 | 0.08 | 0.08 |
| Unusual Expense | 0.00 | 0.00 | 0.00 | -0.61 | -0.02 | -0.02 | 0.07 | 3.47 |
| Net Income Before Taxes | -8.99 | -8.22 | -7.61 | -4.65 | -1.70 | -6.08 | -3.40 | -5.02 |
| Income Taxes | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Consolidated Net Income | -8.99 | -8.22 | -7.61 | -4.65 | -1.70 | -6.08 | -3.40 | -5.02 |
| Net Income From Continuing Operations | -8.99 | -8.22 | -7.61 | -4.65 | -1.70 | -6.08 | -3.40 | -5.02 |
| Net Income | -8.99 | -8.22 | -7.61 | -4.65 | -1.70 | -6.08 | -3.40 | -5.02 |
| EPS (Recurring) | -12.75 | -15.05 | -24.76 | -20.49 | -7.06 | -25.11 | -13.83 | -10.67 |
| EPS (Basic, Before Extraordinaries) | -14.02 | -15.05 | -24.76 | -18.75 | -6.99 | -25.05 | -14.03 | -20.69 |
| EPS (Diluted) | -14.02 | -15.05 | -24.76 | -18.75 | -6.99 | -25.05 | -14.03 | -20.69 |
| EBITDA | -9.08 | -8.37 | -7.74 | -5.69 | -1.83 | -6.02 | -3.26 | -1.47 |
| Non-Operating Income (Expense) | 0.14 | 0.17 | 0.14 | 0.47 | 0.17 | 0.00 | 0.00 | 0.00 |
| Other After Tax Adjustments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Stock Option Compensation Expense | 2.80 | 3.12 | 3.56 | 0.00 | 0.27 | 4.47 | 1.96 | 0.56 |
| Price To Sales Ratio | 32.13 | 30.32 | 150.75 | 27.18 | 4.13 | - | - | - |
| Gross Margin | -931.75 | -543.35 | -810.78 | -1,176.41 | 19.98 | -73.66 | 31.30 | -5.22 |
| Operating Margin | -4,202.54 | -2,781.69 | -4,596.14 | -5,143.48 | -138.72 | -4,177.70 | -1,341.38 | -706.98 |
| Net Margin | -4,139.38 | -2,725.76 | -4,508.73 | -4,197.56 | -128.49 | -4,218.93 | -1,401.11 | -2,421.22 |
| Shares Outstanding | 0.73 | 0.64 | 0.44 | 0.25 | 0.24 | 0.24 | 0.24 | 0.24 |
| Market Capitalization | 1.69 | 1.69 | 36.72 | 3.01 | 5.45 | 5.45 | - | - |
Income statement, quarterly
| Metric | 2026Q2 | 2026Q1 | 2025Q4 | 2025Q3 | 2025Q2 | 2025Q1 | 2024Q4 | 2024Q3 |
|---|---|---|---|---|---|---|---|---|
| Total Revenue | 0.01 | 0.01 | 0.17 | 0.02 | 0.07 | 0.04 | 0.03 | 0.04 |
| Cost of Goods Sold Incl. D&A | 0.53 | 0.51 | 0.75 | 0.45 | 0.39 | 0.35 | 0.58 | 0.31 |
| Gross Profit | -0.52 | -0.50 | -0.57 | -0.44 | -0.32 | -0.31 | -0.55 | -0.27 |
| Selling, General and Administrative Excl. Other | 1.73 | 1.62 | 1.84 | 1.91 | 1.30 | 1.70 | 2.32 | 2.24 |
| Research and Development | 0.56 | 0.35 | 0.22 | 0.23 | 0.23 | 0.41 | 0.74 | 0.18 |
| Other Operating Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Income | -2.25 | -2.12 | -2.41 | -2.35 | -1.62 | -2.01 | -2.88 | -2.51 |
| Unusual Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income Before Taxes | -2.24 | -2.10 | -2.38 | -2.28 | -1.58 | -1.99 | -2.83 | -2.45 |
| Income Taxes | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Consolidated Net Income | -2.24 | -2.10 | -2.38 | -2.28 | -1.58 | -1.99 | -2.83 | -2.45 |
| Net Income From Continuing Operations | -2.24 | -2.10 | -2.38 | -2.28 | -1.58 | -1.99 | -2.83 | -2.45 |
| Net Income | -2.24 | -2.10 | -2.38 | -2.28 | -1.58 | -1.99 | -2.83 | -2.45 |
| EPS (Recurring) | -3.18 | -3.17 | -3.83 | -3.84 | -3.02 | -4.48 | -6.39 | -6.77 |
| EPS (Basic, Before Extraordinaries) | -3.18 | -3.17 | -3.83 | -3.84 | -3.02 | -4.48 | -6.39 | -6.77 |
| EPS (Diluted) | -3.18 | -3.17 | -3.83 | -3.84 | -3.02 | -4.48 | -6.39 | -6.77 |
| EBITDA | -2.22 | -2.11 | -2.41 | -2.34 | -1.62 | -2.01 | -2.87 | -2.50 |
| Non-Operating Income (Expense) | 0.01 | 0.02 | 0.04 | 0.07 | 0.04 | 0.02 | 0.04 | 0.06 |
| Other After Tax Adjustments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Stock Option Compensation Expense | 0.41 | 0.48 | 0.83 | 1.08 | 0.57 | 0.64 | 1.55 | 1.54 |
| Price To Sales Ratio | 32.13 | 25.05 | 34.45 | 104.00 | 88.82 | 197.99 | 217.62 | 44.77 |
| Gross Margin | -4,242.11 | -3,319.53 | -334.26 | -2,405.75 | -457.09 | -750.70 | -2,032.21 | -751.68 |
| Operating Margin | -18,479.69 | -14,179.95 | -1,403.86 | -12,924.30 | -2,296.22 | -4,903.63 | -10,579.48 | -6,962.11 |
| Net Margin | -18,412.71 | -14,025.67 | -1,382.56 | -12,542.35 | -2,239.74 | -4,847.83 | -10,424.50 | -6,794.86 |
| Shares Outstanding | 0.73 | 0.69 | 0.64 | 0.61 | 0.58 | 0.44 | 0.44 | 0.43 |
| Market Capitalization | 1.69 | 7.17 | 10.71 | 16.68 | 17.21 | 25.99 | 36.72 | 8.60 |
Balance sheet, annual
| Metric | 2025FY | 2024FY | 2023FY | 2022FY | 2021FY | 2020FY | 2019FY |
|---|---|---|---|---|---|---|---|
| Cash & Short Term Investments | 3.72 | 3.48 | 2.95 | 6.99 | 0.66 | 0.08 | 0.06 |
| Short Term Receivables | 0.08 | 0.01 | 0.01 | 0.00 | 0.02 | 0.01 | 0.01 |
| Inventories | 0.13 | 0.17 | 0.16 | 0.15 | 0.03 | 0.02 | 0.02 |
| Other Current Assets | 0.36 | 0.29 | 0.32 | 0.27 | 0.04 | 0.01 | 0.02 |
| Total Current Assets | 4.30 | 3.96 | 3.43 | 7.43 | 0.75 | 0.12 | 0.11 |
| Net Property, Plant & Equipment | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 |
| Total Investments and Advances | 0.00 | 0.00 | 0.10 | 0.00 | 0.00 | 0.00 | 0.00 |
| Intangible Assets | 0.34 | 0.26 | 0.11 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Assets | 4.64 | 4.22 | 3.63 | 7.43 | 0.75 | 0.12 | 0.11 |
| Short Term Debt Incl. Current Port. of LT Debt | 0.00 | 0.00 | 0.00 | 0.75 | 0.78 | 0.60 | 0.59 |
| Accounts Payable | 0.24 | 0.16 | 0.16 | 0.66 | 0.84 | 0.46 | 0.32 |
| Other Current Liabilities | 0.64 | 0.39 | 0.26 | 0.54 | 0.74 | 0.51 | 0.13 |
| Total Current Liabilities | 0.89 | 0.55 | 0.43 | 1.95 | 2.36 | 1.57 | 1.04 |
| Long Term Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.07 | 0.14 | 0.25 |
| Provision for Risks Charges | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Liabilities | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 0.89 | 0.55 | 0.43 | 1.95 | 2.44 | 1.71 | 1.29 |
| Non-Equity Reserves | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Preferred Stock - Carrying Value | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Common Equity | 3.75 | 3.68 | 3.21 | 5.48 | -1.68 | -1.59 | -1.18 |
| Total Shareholders Equity | 3.75 | 3.68 | 3.21 | 5.48 | -1.68 | -1.59 | -1.18 |
| Accumulated Minority Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Equity | 3.75 | 3.68 | 3.21 | 5.48 | -1.68 | -1.59 | -1.18 |
| Total Liabilities & Stockholders Equity | 4.64 | 4.22 | 3.63 | 7.43 | 0.75 | 0.12 | 0.11 |
| Book Value Per Share | 5.86 | 8.29 | 12.94 | 22.56 | -6.93 | -6.55 | -4.86 |
| Tangible Book Value Per Share | 5.33 | 7.70 | 12.51 | 22.56 | -6.93 | -6.55 | -4.86 |
| Full-Time Employees | 8 | 6 | 6 | 6 | - | 4 | - |
| Price to Book Ratio | 0.71 | 9.99 | 0.93 | 0.86 | 0.86 | - | - |
| Return on Assets | -185.64 | -193.70 | -84.03 | -41.48 | -1,393.78 | -2,947.16 | - |
| Return on Equity | -221.50 | -221.05 | -107.05 | -89.44 | - | - | - |
| Return on Invested Capital | -219.38 | -206.94 | -144.97 | -30.96 | - | - | - |
| Quick Ratio | 4.70 | 6.93 | 7.70 | 3.73 | 0.31 | 0.06 | 0.09 |
| Current Ratio | 4.85 | 7.25 | 8.07 | 3.81 | 0.32 | 0.07 | 0.11 |
Cash flow, annual
| Metric | TTM | 2025FY | 2024FY | 2023FY | 2022FY | 2021FY | 2020FY | 2019FY |
|---|---|---|---|---|---|---|---|---|
| Net Income | -8.99 | -8.22 | -7.61 | -4.65 | -1.70 | -6.08 | -3.40 | -5.02 |
| Depreciation | 0.05 | 0.02 | 0.02 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 |
| Other Funds (Non Cash) | 2.71 | 3.01 | 3.53 | 1.58 | 0.11 | 4.48 | 2.03 | 4.05 |
| Funds from Operations | -6.23 | -5.19 | -4.07 | -3.07 | -1.58 | -1.60 | -1.37 | -0.97 |
| Extraordinary Item | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Changes in Working Capital | 0.10 | 0.23 | 0.12 | -0.77 | -0.63 | 0.52 | 0.50 | 0.29 |
| Cash from Operating Activities | -6.13 | -4.96 | -3.94 | -3.84 | -2.22 | -1.08 | -0.86 | -0.68 |
| Capital Expenditures | -0.18 | -0.10 | -0.17 | -0.11 | 0.00 | 0.00 | -0.00 | 0.00 |
| Net Assets From Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale of Fixed Assets and Businesses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Purchase or Sale of Investments | 5.46 | -0.04 | -0.41 | 4.56 | -6.79 | 0.00 | 0.00 | 0.00 |
| Purchase of Investments | -25.66 | -40.76 | -33.63 | -36.72 | -6.79 | 0.00 | 0.00 | 0.00 |
| Sale Or Maturity of Investments | 31.12 | 40.73 | 33.22 | 41.28 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Uses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Sources | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from Investing Activities | 5.28 | -0.13 | -0.58 | 4.45 | -6.79 | 0.00 | -0.00 | 0.00 |
| Cash Dividends Paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Change in Capital Stock | 0.52 | 5.17 | 4.52 | 0.00 | 8.55 | 1.47 | 0.95 | 0.66 |
| Repurchase of Common Pref Stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale of Common Pref Stock | 0.52 | 5.17 | 4.52 | 0.00 | 8.55 | 1.47 | 0.95 | 0.66 |
| Proceedsfrom Stock Options | 0.52 | 5.17 | 4.52 | 0.00 | 8.55 | 1.43 | 0.95 | 0.66 |
| Issuance or Reduction of Debt, Net | 0.00 | 0.00 | 0.00 | -0.20 | -0.04 | 0.19 | -0.07 | 0.06 |
| Change in Long Term Debt | 0.00 | 0.00 | 0.00 | 0.00 | -0.04 | 0.19 | -0.07 | 0.06 |
| Issuance of Long Term Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.20 | 0.02 | 0.08 |
| Reduction of Long Term Debt | 0.00 | 0.00 | 0.00 | 0.00 | -0.04 | -0.01 | -0.09 | -0.01 |
| Net Financing Active Other Cash Flow | 0.89 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Financing Activities Uses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from Financing Activities | 1.42 | 5.17 | 4.52 | -0.20 | 8.51 | 1.66 | 0.88 | 0.73 |
| Net Change in Cash | 0.57 | 0.08 | -0.01 | 0.42 | -0.50 | 0.58 | 0.02 | 0.05 |
| Free Cash Flow | -6.18 | -4.96 | -3.94 | -3.84 | -2.22 | -1.08 | -0.86 | -0.68 |
| Preferred Dividends (Cash Flow) | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Deferred Taxes & Investment Tax Credit | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Balance sheet, quarterly
| Metric | 2026Q2 | 2026Q1 | 2025Q4 | 2025Q3 | 2025Q2 | 2025Q1 |
|---|---|---|---|---|---|---|
| Cash & Short Term Investments | 1.00 | 2.71 | 3.72 | 4.35 | 5.79 | 2.05 |
| Short Term Receivables | 0.05 | 0.04 | 0.08 | 0.01 | 0.06 | 0.01 |
| Inventories | 0.23 | 0.18 | 0.13 | 0.16 | 0.17 | 0.18 |
| Other Current Assets | 0.57 | 0.36 | 0.36 | 0.30 | 0.24 | 0.38 |
| Total Current Assets | 1.86 | 3.29 | 4.30 | 4.82 | 6.27 | 2.62 |
| Net Property, Plant & Equipment | 0.04 | 0.05 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Investments and Advances | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Intangible Assets | 1.10 | 0.36 | 0.34 | 0.31 | 0.29 | 0.28 |
| Other Assets | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Assets | 3.00 | 3.69 | 4.64 | 5.13 | 6.56 | 2.90 |
| Short Term Debt Incl. Current Port. of LT Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Accounts Payable | 0.24 | 0.17 | 0.24 | 0.07 | 0.24 | 0.18 |
| Other Current Liabilities | 1.25 | 0.64 | 0.64 | 0.29 | 0.36 | 0.39 |
| Total Current Liabilities | 1.48 | 0.81 | 0.89 | 0.36 | 0.60 | 0.57 |
| Long Term Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Provision for Risks Charges | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Liabilities | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 1.48 | 0.81 | 0.89 | 0.36 | 0.60 | 0.57 |
| Non-Equity Reserves | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Preferred Stock - Carrying Value | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Common Equity | 1.52 | 2.89 | 3.75 | 4.77 | 5.96 | 2.33 |
| Total Shareholders Equity | 1.52 | 2.89 | 3.75 | 4.77 | 5.96 | 2.33 |
| Accumulated Minority Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Equity | 1.52 | 2.89 | 3.75 | 4.77 | 5.96 | 2.33 |
| Total Liabilities & Stockholders Equity | 3.00 | 3.69 | 4.64 | 5.13 | 6.56 | 2.90 |
| Book Value Per Share | 2.07 | 4.21 | 5.86 | 7.86 | 10.27 | 5.23 |
| Tangible Book Value Per Share | 0.57 | 3.68 | 5.33 | 7.36 | 9.76 | 4.61 |
| Full-Time Employees | - | - | 8 | - | - | - |
| Price to Book Ratio | 0.71 | 2.48 | 2.86 | 3.50 | 2.89 | 11.18 |
| Return on Assets | -187.89 | -252.65 | -185.64 | -167.17 | -217.81 | -298.36 |
| Return on Equity | -240.25 | -319.69 | -221.50 | -178.46 | -242.01 | -367.74 |
| Return on Invested Capital | -147.37 | -72.65 | -63.41 | -47.74 | -26.51 | -85.51 |
| Quick Ratio | 1.10 | 3.85 | 4.70 | 13.03 | 10.15 | 4.25 |
| Current Ratio | 1.25 | 4.07 | 4.85 | 13.47 | 10.44 | 4.56 |
Cash flow, quarterly
| Metric | 2026Q2 | 2026Q1 | 2025Q4 | 2025Q3 | 2025Q2 | 2025Q1 |
|---|---|---|---|---|---|---|
| Net Income | -2.24 | -2.10 | -2.38 | -2.28 | -1.58 | -1.99 |
| Depreciation | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 | 0.00 |
| Other Funds (Non Cash) | 0.40 | 0.46 | 0.82 | 1.04 | 0.54 | 0.62 |
| Funds from Operations | -1.82 | -1.63 | -1.55 | -1.23 | -1.04 | -1.37 |
| Extraordinary Item | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Changes in Working Capital | 0.01 | -0.08 | 0.40 | -0.23 | 0.12 | -0.06 |
| Cash from Operating Activities | -1.80 | -1.71 | -1.15 | -1.47 | -0.92 | -1.43 |
| Capital Expenditures | -0.05 | -0.08 | -0.03 | -0.02 | -0.02 | -0.02 |
| Net Assets From Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale of Fixed Assets and Businesses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Purchase or Sale of Investments | 1.51 | 1.59 | 0.72 | 1.64 | -3.90 | 1.50 |
| Purchase of Investments | -1.00 | -4.00 | -8.76 | -11.90 | -15.10 | -5.00 |
| Sale Or Maturity of Investments | 2.51 | 5.59 | 9.48 | 13.55 | 11.21 | 6.50 |
| Other Uses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Sources | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from Investing Activities | 1.46 | 1.51 | 0.69 | 1.63 | -3.92 | 1.47 |
| Cash Dividends Paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Preferred Dividends (Cash Flow) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Change in Capital Stock | 0.00 | 0.00 | 0.52 | 0.00 | 4.65 | 0.00 |
| Repurchase of Common Pref Stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale of Common Pref Stock | 0.00 | 0.00 | 0.52 | 0.00 | 4.65 | 0.00 |
| Proceedsfrom Stock Options | 0.00 | 0.00 | 0.52 | 0.00 | 4.65 | 0.00 |
| Issuance or Reduction of Debt, Net | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Change in Long Term Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Issuance of Long Term Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Reduction of Long Term Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Financing Active Other Cash Flow | 0.14 | 0.76 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Financing Activities Uses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from Financing Activities | 0.14 | 0.76 | 0.52 | 0.00 | 4.65 | 0.00 |
| Net Change in Cash | -0.20 | 0.55 | 0.06 | 0.16 | -0.19 | 0.05 |
| Free Cash Flow | -1.80 | -1.76 | -1.15 | -1.47 | -0.92 | -1.43 |
Revenue breakdown
| Device Sales | 2024: 55.50K 2025: 136.00K |
|---|---|
| Equipment | 2024: 37.83K 2025: 89.04K |
| Licensing Fee | 2024: 69.50K 2025: 49.11K |
| Other | 2024: 5.89K 2025: 27.49K |
| International | 2024: 85.25K 2025: 190.30K |
| United States | 2024: 83.47K 2025: 111.35K |
Short interest
shares short against float, oldest to newest| Settlement | Of float | Shares short | Float | Avg volume |
|---|---|---|---|---|
| 2026-10-30 | 1.40% | 0.0M | 0.9M | 1.02M |
| 2026-10-15 | 0.55% | 0.0M | 0.8M | 1.01M |
| 2026-09-30 | 2.01% | 0.0M | 0.7M | 10.96K |
| 2026-09-15 | 1.92% | 0.0M | 0.7M | 9.75K |
| 2026-08-31 | 2.17% | 0.0M | 0.6M | 8.39K |
| 2026-08-14 | 1.89% | 0.0M | 0.6M | 20.22K |
| 2026-07-31 | 1.82% | 0.0M | 0.6M | 20.12K |
| 2026-07-15 | 3.68% | 0.0M | 0.6M | 19.94K |
| 2026-06-30 | 3.31% | 0.0M | 0.5M | 28.10K |
| 2026-06-15 | 2.59% | 0.0M | 0.5M | 27.34K |
| 2026-05-29 | 7.23% | 0.0M | 0.5M | 26.54K |
| 2026-05-15 | 3.72% | 0.0M | 0.5M | 15.75K |
| 2026-04-30 | 3.51% | 0.0M | 0.5M | 20.13K |
| 2026-04-15 | 3.68% | 0.0M | 0.5M | 20.11K |
| 2026-03-31 | 3.03% | 0.0M | 0.5M | 10.24K |
| 2026-03-13 | 3.06% | 0.0M | 0.5M | 11.15K |
| 2026-02-27 | 4.16% | 0.0M | 0.5M | 10.97K |
| 2026-02-13 | 3.95% | 0.0M | 0.5M | 8.91K |
| 2026-01-30 | 1.02% | 0.0M | 0.5M | 6.34K |
| 2026-01-15 | 0.23% | 0.0M | 0.5M | 8.87K |
Option chain
expiry 2026-11-11| Type | Strike | Bid | Ask | Last | IV | Open int | Volume | Delta | Theta | Vega |
|---|---|---|---|---|---|---|---|---|---|---|
| No option chain for this symbol. | ||||||||||
Latest SEC filings
30| Filed | Form | Description | Period | Link |
|---|---|---|---|---|
| 2026-11-06 | DEF 14A | Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 | 2026-12-04 | SEC |
| 2026-10-27 | PRE 14A | Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 | 2026-10-26 | SEC |
| 2026-10-15 | EFFECT | Effectiveness filing by commission order | SEC | |
| 2026-10-08 | S-1/A | SEC | ||
| 2026-10-01 | 8-K | Current report | 2026-09-30 | SEC |
| 2026-10-01 | 8-K | Current report | 2026-09-28 | SEC |
| 2026-09-28 | 8-K | Current report | 2026-09-25 | SEC |
| 2026-09-22 | S-8 | Initial registration statement for securities to be offered to employees pursuant to employee benefit plans | SEC | |
| 2026-09-03 | SCHEDULE 13D | SEC | ||
| 2026-09-03 | S-1 | General form of registration statement for all companies including face-amount certificate companies | SEC | |
| 2026-09-02 | 8-K | Current report | 2026-08-28 | SEC |
| 2026-08-27 | 8-K | Current report | 2026-08-26 | SEC |
| 2026-08-27 | SCHEDULE 13G | SEC | ||
| 2026-08-21 | 8-K | Current report | 2026-08-21 | SEC |
| 2026-08-20 | 8-K | Current report | 2026-08-19 | SEC |
| 2026-08-20 | 424B5 | SEC | ||
| 2026-08-17 | 8-K | Current report | 2026-08-14 | SEC |
| 2026-08-12 | 10-Q | Quarterly report pursuant to Section 13 or 15(d) | 2026-06-30 | SEC |
| 2026-08-11 | 8-K | Current report | 2026-08-11 | SEC |
| 2026-07-29 | 8-K | Current report | 2026-07-28 | SEC |
| 2026-07-27 | 8-K | Current report | 2026-07-24 | SEC |
| 2026-07-10 | ARS | Annual report to security holders. | 2025-12-31 | SEC |
| 2026-07-10 | DEF 14A | Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 | 2026-08-11 | SEC |
| 2026-06-29 | PRE 14A | Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 | 2026-06-29 | SEC |
| 2026-06-17 | 8-K | Current report | 2026-06-16 | SEC |
| 2026-05-19 | 8-K | Current report | 2026-05-14 | SEC |
| 2026-05-08 | 10-Q | Quarterly report pursuant to Section 13 or 15(d) | 2026-03-31 | SEC |
| 2026-04-22 | 8-K | Current report | 2026-04-17 | SEC |
| 2026-03-25 | 10-K | Annual report pursuant to Section 13 or 15(d) | 2025-12-31 | SEC |
| 2026-02-25 | 8-K | Current report | 2026-02-24 | SEC |
Insider activity by month
| Month | Bought | Buys | Sold | Sells |
|---|---|---|---|---|
| 2026-11 | 0 | 0 | 0 | 0 |
| 2026-10 | 0 | 0 | 0 | 0 |
| 2026-09 | 0 | 0 | 0 | 0 |
| 2026-08 | 0 | 0 | 0 | 0 |
| 2026-07 | 0 | 0 | 0 | 0 |
| 2026-06 | 0 | 0 | 0 | 0 |
| 2026-05 | 0 | 0 | 0 | 0 |
| 2026-04 | 0 | 0 | 0 | 0 |
| 2026-03 | 0 | 0 | 0 | 0 |
| 2026-02 | 0 | 0 | 0 | 0 |
| 2026-01 | 0 | 0 | 0 | 0 |
| 2025-12 | 0 | 0 | 0 | 0 |
| 2025-11 | 0 | 0 | 0 | 0 |
Institutional holders
| Manager | % owned |
|---|---|
| PEAK6 LLC | 1.17% |
| GEODE CAPITAL MANAGEMENT, LLC | 0.68% |
| VANGUARD CAPITAL MANAGEMENT LLC | 0.61% |
| UBS Group AG | 0.37% |
| CITADEL ADVISORS LLC | 0.37% |
| JANE STREET GROUP, LLC | 0.32% |
| VANGUARD FIDUCIARY TRUST CO | 0.25% |
| STATE STREET CORP | 0.16% |
| NORTHERN TRUST CORP | 0.12% |
| Kovack Advisors, Inc. | 0.11% |
Funds
| Fund | % owned |
|---|---|
| Avantis International Small Cap Value ETF | 4.56% |
| Old Westbury Small & Mid Cap Strategies Fund | 0.72% |
| VANGUARD EXTENDED MARKET INDEX FUND | 0.61% |
| Avantis International Small Cap Value Fund | 0.32% |
| Avantis International Equity ETF | 0.15% |
| Avantis International Small Cap Equity ETF | 0.09% |
| Avantis Responsible International Equity ETF | 0.04% |
| Fidelity Nasdaq Composite Index Fund | 0.02% |
| Fidelity Extended Market Index Fund | 0.01% |
| Fidelity Total Market Index Fund | 0.00% |
OakChart. NXL. Cached 15 minutes.
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