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.

0.48 USD
−0.06 (-11.09%)

Last updated

Market Cap
11.63M
P/E
P/FCF
P/S
42.21
Enterprise Value
10.42M
Sector
Health Care
Industry
Electromedical and Electrotherapeutic Apparatus
Address
1776 YORKTOWN, HOUSTON, TX, 77056
GlobeNewswire Inc.

Nexalin Technology Announces Issuance of U.S. Patent Covering Dynamic Frequency Stimulation for Anxiety, Depression and Insomnia

04-Jun-2026, 19:00 PM
GlobeNewswire Inc.

Nexalin Announces Peer-Reviewed Study Showing the Company’s DIFS™ Technology Reduced Self-Injury and Depression Symptoms in Female Adolescents

09-Apr-2026, 16:47 PM
GlobeNewswire Inc.

Nexalin Technology Announces Attendance at the 2025 Maxim Growth Summit

10-Oct-2025, 17:00 PM
GlobeNewswire Inc.

Nexalin Technology Announces Closing of Previously Announced $5.0 Million Underwritten Public Offering

06-May-2025, 23:40 PM
GlobeNewswire Inc.

Nexalin Appointed as Industry Co-Chair of National TBI Registry Coalition

10-Feb-2025, 19:00 PM
GlobeNewswire Inc.

Join Nexalin Technology’s Exclusive Live Investor Webinar and Q&A Session, Today, January 23

23-Jan-2025, 21:00 PM
GlobeNewswire Inc.

Nexalin Technology Completes Phase 1of its Innovative Virtual Clinic

23-Dec-2024, 20:00 PM
GlobeNewswire Inc.

New Peer-Reviewed Publication Validates Nexalin’s Deep Intracranial Frequency Stimulation (DIFS) Technology, Reinforcing Leadership in High-Growth Neuromodulation Market

26-Nov-2024, 20:00 PM
GlobeNewswire Inc.

Nexalin Technology Regains Compliance with Nasdaq Continued Listing Requirements

01-Nov-2024, 19:34 PM
GlobeNewswire Inc.

Nexalin Technology Announces Planned Clinical Trial Utilizing Gen-3 Halo Headset in Partnership with UC San Diego & San Diego VA

22-Oct-2024, 23:15 PM
GlobeNewswire Inc.

Nexalin Technology Announces Closing of $5.2 Million Public Offering

01-Jul-2024, 23:45 PM
GlobeNewswire Inc.

Nexalin Technology Announces Pricing of $5.2 Million Public Offering

28-Jun-2024, 06:15 AM
GlobeNewswire Inc.

Nexalin Technology Awarded Key Patent Related to its Non-Invasive, Frequency-Based Deep-Brain Stimulation Device for the Treatment of Alzheimer’s and Dementia

20-Jun-2024, 17:30 PM
GlobeNewswire Inc.

Nexalin Technology Announces Regulatory Approval to Sell Nexalin’s Gen-2, 15 mA Neurostimulation Device by the Brazilian Health Regulatory Agency (Anvisa)

14-Jun-2024, 00:00 AM
GlobeNewswire Inc.

FDA Provides Feedback and Reaches Consensus on Nexalin’s Design for Planned Anxiety and Insomnia Clinical Studies of its Gen-3 HALO Clarity™ Headset Device

03-Jun-2024, 17:30 PM
GlobeNewswire Inc.

Nexalin America Selected to Join the National Traumatic Brain Injury Registry Coalition to Propel TBI Awareness and Research Efforts

22-May-2024, 17:30 PM
GlobeNewswire Inc.

Nexalin Technology Regains Compliance with Nasdaq Continued Listing Requirements

25-Apr-2024, 19:44 PM
GlobeNewswire Inc.

Nexalin Technology Awarded Key Patent Related to its Gen-3 HALO Clarity™, a Non-Invasive, Frequency-Based Deep-Brain Stimulation Device

04-Apr-2024, 22:00 PM
GlobeNewswire Inc.

Nexalin Technology Announces the Appointment of Government Affairs Veteran William A. Hudson, Jr. to Military & Government Advisory Board

02-Apr-2024, 17:30 PM
GlobeNewswire Inc.

Nexalin Technology Commences Sales of Gen-2 Neurostimulation Device to New Mental Health Center in Oman Dedicated to Nexalin’s Technology

14-Mar-2024, 17:30 PM
Market Cap
11.63M
Enterprise Value
10.42M
P/E
P/B
4.03
P/S
42.21
EV / EBITDA
-1.23
EV / Sales
37.83
EPS
-0.39
Dividend Yield
0%
P/FCF
P/CF
Free Cash Flow
-5.29M
ROE
-288.6%
ROA
-225.45%
Debt / Equity
0
Current Ratio
4.07
Quick Ratio
3.85
Cash
1.49
Avg Volume
973.84K
Fundamentals Snapshot Price
0.54

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
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
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

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
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