Nexalin Technology (NXL)
Nasdaq Market Open
Nexalin Technology, Inc. is a medical technology company developing non-invasive neurostimulation devices for mental health and neurological conditions. Its platform is based on cranial electrotherapy stimulation, a form of bioelectronic therapy that delivers controlled electrical waveforms through the head with the aim of influencing brain activity. The company positions its products as potential alternatives or complements to drug-based and talk-therapy approaches for disorders such as anxiety and insomnia.
Nexalin’s first commercial system, referred to as its Generation 1 or Gen-1 device, is designed to be administered in a clinical setting and uses a proprietary waveform delivered at 4 milliamps during treatment. The device is classified by the U.S. Food and Drug Administration as a Class II medical device. That regulatory status is important because it places the product within an established medical-device framework while still requiring attention to safety, labeling, clinical use, and marketing rules.
The company’s broader strategy centers on expanding the reach of its neurostimulation technology. Mental health treatment is a large and growing healthcare category, and Nexalin seeks to address patients who may not respond well to existing therapies, cannot tolerate medication side effects, or want non-pharmaceutical treatment options. Its opportunity depends on clinical validation, physician adoption, patient access, reimbursement pathways, and regulatory progress for current and future devices.
As a publicly traded medical device stock, Nexalin offers exposure to the intersection of neuroscience, digital health, and bioelectronic medicine. Its business remains closely linked to product development, evidence generation, commercialization execution, and acceptance by clinicians treating mental health conditions.
Last updated
- Market Cap
- $9,684,973
- P/E
- —
- P/FCF
- —
- P/S
- 35.14
- Enterprise Value
- $8,477,078
- Sector
- Industrials
- Industry
- Electromedical and Electrotherapeutic Apparatus
- Address
- 1776 YORKTOWN, HOUSTON, TX, 77056
Nexalin Technology Announces Issuance of U.S. Patent Covering Dynamic Frequency Stimulation for Anxiety, Depression and Insomnia
Nexalin Announces Peer-Reviewed Study Showing the Company’s DIFS™ Technology Reduced Self-Injury and Depression Symptoms in Female Adolescents
Nexalin Technology Announces Attendance at the 2025 Maxim Growth Summit
- Market Cap
Market cap is the total value of a company's shares, calculated by multiplying the stock price by the number of shares outstanding.
- $9,684,973
- Enterprise Value
Enterprise value is the total value of a company, including its market cap, debt, and cash.
- $8,477,078
- P/E
P/E ratio compares a company's share price to its earnings per share.
- —
- P/B
P/B ratio compares a company's share price to its book value per share.
- 3.36
- P/S
P/S ratio compares a company's share price to its revenue per share.
- 35.14
- EV / EBITDA
EV/EBITDA measures a company's value compared to its earnings before interest, taxes, depreciation, and amortization.
- -1
- EV / Sales
EV/Sales measures a company's value compared to its total revenue.
- 30.76
- EPS
- -0.38
- Dividend Yield
Dividend yield shows how much a company pays in dividends each year compared to its share price.
- 0%
- P/FCF
Price-to-free-cash-flow ratio compares a company's share price to the cash it generates after expenses and investments.
- —
- P/CF
P/CF ratio compares a company's share price to the cash flow it generates from its operations.
- —
- Free Cash Flow
Free cash flow is the cash a company has left after covering operating costs and capital expenses.
- -$5,293,708
- ROE
ROE measures how effectively a company uses shareholders' equity to generate profit.
- -288.6%
- ROA
ROA measures how effectively a company uses its assets to generate profit.
- -225.45%
- Debt / Equity
Debt-to-equity ratio compares a company's total debt to its shareholders' equity.
- 0
- Current Ratio
Current ratio measures a company's ability to pay short-term debts using its short-term assets.
- 4.07
- Quick Ratio
Quick ratio measures a company's ability to pay short-term debts using cash and other easily available assets.
- 3.85
- Cash
Cash ratio measures a company's ability to cover short-term debts using only cash and cash equivalents.
- 1.49
- Avg Volume
Average volume shows the average number of shares traded over the last 30 trading days, helping indicate liquidity.
- $242,299
- Fundamentals Snapshot Price
Fundamentals snapshot price is the stock price used when calculating the company's financial ratios and metrics.
- 0.44
Income Statement
| Line Item | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 |
|---|---|---|---|---|---|
| Revenue | 14.95K | 171.9K | 18.15K | 70.59K | 41.02K |
| Cost of revenue | 1.82K | 21.03K | 3.95K | 22.84K | 13.56K |
| Gross profit | 13.13K | 150.87K | 14.2K | 47.75K | 27.46K |
| Operating income | -2.12M | -2.41M | -2.35M | -1.62M | -2.01M |
| EBITDA | -2.11M | -2.41M | -2.34M | -1.62M | -2.01M |
| Net income | -2.1M | -2.38M | -2.28M | -1.58M | -1.99M |
| Interest expense | 34 | 8.24K | — | 4.69K | 1.1K |
| Other operating expenses | 0 | 0 | 0 | 0 | 0 |
| Total operating expenses | 2.13M | 2.56M | 2.36M | 1.67M | 2.04M |
| Basic EPS | -0.11 | -0.13 | -0.13 | -0.1 | -0.15 |
| Diluted EPS | -0.11 | -0.13 | -0.13 | -0.1 | -0.15 |
Balance Sheet
| Line Item | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 |
|---|---|---|---|---|---|
| Total assets | 3.69M | 4.64M | 5.13M | 6.56M | 2.9M |
| Total liabilities | 808.36K | 887.33K | 357.52K | 600.58K | 574.74K |
| Total equity | 2.89M | 3.75M | 4.77M | 5.96M | 2.33M |
| Cash & equivalents | 1.21M | 654.78K | 590.08K | 431.32K | 622.03K |
| Current assets | 3.29M | 4.3M | 4.82M | 6.27M | 2.62M |
| Current liabilities | 808.36K | 887.33K | 357.52K | 600.58K | 574.74K |
| Accounts payable | 168.1K | 244.58K | 67.49K | 240.58K | 181.39K |
| Receivables | 43K | 81.57K | 7.93K | 59.84K | 14.48K |
| Inventories | 179.49K | 131.47K | 160.23K | 172.97K | 175.25K |
Cash Flow
| Line Item | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 |
|---|---|---|---|---|---|
| Operating cash flow | -1.71M | -1.15M | -1.47M | -917.17K | -1.43M |
| Investing cash flow | 1.51M | 689.18K | 1.63M | -3.92M | 1.47M |
| Financing cash flow | 756.42K | 523.55K | 0 | 4.65M | — |
| Change in cash | 553.11K | 64.71K | 158.76K | -190.71K | 47.54K |
| Net income | -2.1M | -2.38M | -2.28M | -1.58M | -1.99M |
| Kind | Filing | Date | Link |
|---|---|---|---|
| edgar index | 8-K — Nexalin Technology, Inc. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | DEF 14A — Nexalin Technology, Inc. | View Filing | |
| edgar index | ARS — Nexalin Technology, Inc. | View Filing | |
| edgar index | PRE 14A — Nexalin Technology, Inc. | View Filing | |
| edgar index | 8-K — Nexalin Technology, Inc. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | 8-K — Nexalin Technology, Inc. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | 10-Q — Nexalin Technology, Inc. | View Filing | |
| edgar index | 8-K — Nexalin Technology, Inc. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | 10-K — Nexalin Technology, Inc. | View Filing | |
| ten k section | 10-K — business | View Filing | |
| ten k section | 10-K — mda | View Filing | |
| ten k section | 10-K — risk_factors | View Filing | |
| edgar index | 8-K — Nexalin Technology, Inc. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | 8-K — Nexalin Technology, Inc. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | 4 — Nexalin Technology, Inc. | View Filing | |
| edgar index | 4 — Nexalin Technology, Inc. | View Filing | |
| edgar index | 4 — Nexalin Technology, Inc. | View Filing | |
| edgar index | 4 — Nexalin Technology, Inc. | View Filing | |
| edgar index | 4 — Nexalin Technology, Inc. | View Filing | |
| edgar index | 4 — Nexalin Technology, Inc. | View Filing | |
| form 4 | Form 4 — Kazden Alan | View Filing | |
| form 4 | Form 4 — Hu Ben | View Filing | |
| form 4 | Form 4 — Shelton Carolyn Hamby | View Filing | |
| form 4 | Form 4 — Owens David | View Filing | |
| form 4 | Form 4 — Van Fleet Justin | View Filing | |
| form 4 | Form 4 — White Mark | View Filing | |
| edgar index | 8-K — Nexalin Technology, Inc. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | UPLOAD — Nexalin Technology, Inc. | View Filing | |
| edgar index | 10-Q — Nexalin Technology, Inc. | View Filing | |
| edgar index | 424B5 — Nexalin Technology, Inc. | View Filing | |
| edgar index | 8-K — Nexalin Technology, Inc. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | 4 — Nexalin Technology, Inc. | View Filing | |
| edgar index | 4 — Nexalin Technology, Inc. | View Filing | |
| edgar index | 4 — Nexalin Technology, Inc. | View Filing | |
| edgar index | 4 — Nexalin Technology, Inc. | View Filing | |
| form 4 | Form 4 — Kazden Alan | View Filing | |
| form 4 | Form 4 — Hu Ben | View Filing | |
| form 4 | Form 4 — Owens David | View Filing | |
| form 4 | Form 4 — OSSER LEONARD | View Filing | |
| form 4 | Form 4 — Elson Marilyn | View Filing | |
| edgar index | 10-K/A — Nexalin Technology, Inc. | View Filing | |
| edgar index | CORRESP — Nexalin Technology, Inc. | View Filing | |
| edgar index | 8-K — Nexalin Technology, Inc. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | 25-NSE — Nexalin Technology, Inc. | View Filing | |
| edgar index | 4 — Nexalin Technology, Inc. | View Filing | |
| edgar index | 4 — Nexalin Technology, Inc. | View Filing | |
| edgar index | 4 — Nexalin Technology, Inc. | View Filing | |
| form 4 | Form 4 — Owens David | View Filing | |
| form 4 | Form 4 — Owens David | View Filing | |
| form 4 | Form 4 — Shelton Carolyn Hamby | View Filing | |
| edgar index | UPLOAD — Nexalin Technology, Inc. | View Filing | |
| edgar index | 144 — Nexalin Technology, Inc. | View Filing | |
| form 4 | Form 4 — Elson Marilyn | View Filing | |
| form 4 | Form 4 — OSSER LEONARD | View Filing | |
| edgar index | 3 — Nexalin Technology, Inc. | View Filing | |
| form 3 | Form 3 — Van Fleet Justin | View Filing | |
| form 3 | Form 3 — Van Fleet Justin | View Filing | |
| form 3 | Form 3 — Van Fleet Justin | View Filing | |
| edgar index | 10-Q — Nexalin Technology, Inc. | View Filing | |
| edgar index | 8-K — Nexalin Technology, Inc. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | 4 — Nexalin Technology, Inc. | View Filing | |
| edgar index | 8-K — Nexalin Technology, Inc. | View Filing | |
| edgar index | 8-K — Nexalin Technology, Inc. | View Filing | |
| form 4 | Form 4 — OSSER LEONARD | View Filing | |
| form 4 | Form 4 — Elson Marilyn | View Filing |
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