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Nexalin Technology, Inc.

corporate_fare Company Profile

Nexalin Technology, Inc.

NXL·NASDAQ·Industrial Applications And Services·CIK 0001527352

Nexalin designs and develops neurostimulation products to address mental health conditions. The company is based in Houston, Texas. Nexalin developed a medical device, referred to as "Generation 1" or "Gen-1," which uses bioelectronic medical technology to treat anxiety, insomnia, and depression without drugs or psychotherapy. These original Gen-1 devices are cranial electrotherapy stimulation (CES) devices that emit a waveform at 4 milliamps during treatment. The U.S. Food and Drug Administration (FDA) currently classifies the Gen-1 device as a Class II device for treating anxiety and insomnia. Medical professionals in the United States have used the Gen-1 device to treat patients in clinical settings. Due to the FDA's December 2019 reclassification of CES devices, Nexalin is required to file a new 510(k) Application to gain FDA approval for sales and marketing of its devices for anxiety and insomnia treatment. For depression treatment, the device now requires Class III certification and a new PMA (premarket approval) and/or a new De Novo application to demonstrate safety and effectiveness. While Nexalin continues to support medical professionals and patients using Gen-1 devices that were operational before December 2019, it is not making new sales or marketing efforts for Gen-1 devices in the United States. The company continues to generate revenue from devices sold or leased prior to the FDA's December 2019 reclassification announcement, consisting of monthly licensing fees and payments for electrodes and patient cables.

Nexalin Technology, Inc. (NASDAQ:NXL) is a publicly traded company in the Industrial Applications And Services sector. Wiseek has independently scored 29 items for NXL at importance 7 or higher on its 1–10 market-impact scale.

Recent high-impact activity:

  • Nexalin Technology Reports Persistent Going Concern, Nasdaq Delisting Threat, and Material Weaknesses; Secures $756K via ATM for Clinical Trial
  • Nexalin's Insomnia Treatment Shows Significant Clinical Improvement, Brain-Network Effects in Peer-Reviewed Study
  • Nexalin Technology Commits $945K to Advance Pivotal HALO™ Clarity Insomnia Trial
  • Nexalin Technology Initiates Pivotal HALO™ Clarity Insomnia Trial, Q2 2026 Enrollment Expected
  • Nexalin Advances Alzheimer's FDA Strategy, Receives Clinical Guidance for De Novo Application

Financial Snapshot

Fiscal year ended December 31, 2025
Revenue
$301.65K
Net Income
-$8.22M
Diluted EPS
-$0.50
Op. Cash Flow
-$4.96M
Gross Profit
$240.27K
Operating Income
-$8.39M
Cash & Equivalents
$654.78K
Debt / Equity
0.00×
Net Margin
-27.26×
Shares Outstanding
19.19M sh
Source: 10-K · filed 2026-03-25 · accession 0001829126-26-002673
$4.82
52-week range · as of 2026-09-03 $4.82 – $60
Market cap
$4M
Volume
14.6K (1.3× avg)
3-mo avg 11.2K
Live data · 2026-09-14 04:43 UTC · Market overnight

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feed NXL - Filings & News (Page 2)

NXL
May 08, 2026, 2:34 PM EDT
Filing Type: 10-Q
Importance Score:
9
Price at Filing: $0.3486
Real-time Price: $4.82 info
Change: Reverse Stock Split info
Market Cap: $3.998M info
NXL
Apr 28, 2026, 9:15 AM EDT
Source: GlobeNewswire
Importance Score:
8
Price at Filing: $0.4003
Real-time Price: $4.82 info
Change: Reverse Stock Split info
Market Cap: $3.998M info
NXL
Apr 22, 2026, 4:30 PM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $0.4698
Real-time Price: $4.82 info
Change: Reverse Stock Split info
Market Cap: $3.998M info
NXL
Apr 22, 2026, 9:35 AM EDT
Source: GlobeNewswire
Importance Score:
8
Price at Filing: $0.4749
Real-time Price: $4.82 info
Change: Reverse Stock Split info
Market Cap: $3.998M info
NXL
Apr 15, 2026, 10:00 AM EDT
Source: GlobeNewswire
Importance Score:
8
Price at Filing: $0.4495
Real-time Price: $4.82 info
Change: Reverse Stock Split info
Market Cap: $3.998M info
NXL
Apr 09, 2026, 7:47 AM EDT
Source: GlobeNewswire
Importance Score:
7
Price at Filing: $0.406
Real-time Price: $4.82 info
Change: Reverse Stock Split info
Market Cap: $3.998M info
NXL
Mar 25, 2026, 11:55 AM EDT
Filing Type: 10-K
Importance Score:
9
Price at Filing: $0.4047
Real-time Price: $4.82 info
Change: Reverse Stock Split info
Market Cap: $3.998M info
NXL
Feb 25, 2026, 2:29 PM EST
Filing Type: 8-K
Importance Score:
8
Price at Filing: $0.52905
Real-time Price: $4.82 info
Change: Reverse Stock Split info
Market Cap: $3.998M info
NXL
Jan 23, 2026, 5:20 PM EST
Filing Type: 8-K
Importance Score:
9
Price at Filing: $0.610
Real-time Price: $4.82 info
Change: Reverse Stock Split info
Market Cap: $3.998M info
Research tools: Filing Impact Index Dilution Tracker Split Calendar Open Datasets