NEXGEL, Inc. (NXGLW) Financials

NASDAQ:NXGLW

Market Cap

1.93B

Total Revenue

2.05M

Gross Profit

256.00K

Operating Income

-3.35M

Net Income

-6.14M

Metric	2016	2017	2018	2019	2020	2021	2022
revenue	2,152,000	1,992,000	2,213,000	717,000	674,000	1,551,000	2,048,000
costOfRevenue	2,266,000	1,845,000	1,699,000	854,000	965,000	1,542,000	1,792,000
grossProfit	-114,000	147,000	514,000	-137,000	-291,000	9,000	256,000
researchAndDevelopmentExpenses	--	--	--	--	--	31,000	367,000
sellingAndMarketingExpenses	--	--	--	--	--	--	436,000
generalAndAdministrativeExpenses	--	--	--	--	--	2,535,000	2,380,000
sellingGeneralAndAdministrativeExpenses	1,750,000	1,116,000	2,402,000	1,787,000	1,969,000	2,535,000	3,237,000
operatingExpenses	1,750,000	1,116,000	2,402,000	1,787,000	1,969,000	2,579,000	3,604,000
operatingIncome	-1,864,000	-969,000	-1,888,000	-1,924,000	-2,260,000	-2,570,000	-3,348,000
totalOtherIncomeExpensesNet	25,000	--	--	1,000	-4,000	-1,740,000	-1,398,000
ebitda	-1,540,000	-653,000	-1,566,000	-1,857,000	-2,202,000	-2,457,000	-3,044,000
depreciationAndAmortization	324,000	316,000	322,000	67,000	58,000	113,000	304,000
interestIncome	--	--	--	--	--	--	--
interestExpense	--	--	--	--	10,000	1,998,000	1,336,000
incomeBeforeTax	-1,839,000	-969,000	-1,888,000	-1,923,000	-2,264,000	-4,310,000	-4,746,000
incomeTaxExpense	-63,000	-16,000	--	--	18,000	1,998,000	1,398,000
netIncome	-1,776,000	-953,000	-1,888,000	-1,923,000	-2,282,000	-6,308,000	-6,144,000
eps	-0.32	-0.17	-0.34	-0.35	-1.01	-2.12	-1.1
epsdiluted	-0.32	-0.17	-0.34	-0.35	-1.01	-2.12	-1.1
weightedAverageShsOut	5,565,051	5,565,051	5,565,051	5,565,051	2,254,145	2,979,962	5,574,818
weightedAverageShsOutDil	5,565,051	5,565,051	5,565,051	5,565,051	2,254,145	2,979,962	5,574,818
costAndExpenses	4,016,000	2,961,000	4,101,000	2,641,000	2,934,000	4,121,000	5,396,000
otherExpenses	25,000	--	--	--	8,000	13,000	3,000

Key Facts

Industry

Medical Instruments & Supplies

Sector

Healthcare

Headquarters

Langhorne, PA, US

Website

nexgel.com

CEO

Mr. David Stefansky

Employees

About the Company

NEXGEL, Inc. manufactures high water content, electron beam cross-linked, and aqueous polymer hydrogels and gels. Its products are used for wound care, medical diagnostics, transdermal drug delivery, and cosmetics. It provides facemasks, undereye patches, blister shield foot care, hexagel, cracked heel repair patches, and fever patch. The company was formerly known as AquaMed Technologies, Inc. and changed its name to NEXGEL, Inc. in November 2019. The company was founded in 1997 and is based in Langhorne, Pennsylvania.