Nexalin Technology
Income Statement

Last updated:

Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Nexalin Technology's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 92% to $110,748. Profit margin reached -4198%. Total operating expenses were $5,781,356.

Profit Margin

Nexalin Technology, Inc. (NASDAQ:NXLIW): Profit margin
2019 207.38K -5.02M -2421.22%
2020 242.91K -3.48M -1433.5%
2021 144.06K -6.16M -4276.07%
2022 1.32M -1.92M -145.75%
2023 110.74K -4.64M -4197.56%

NXLIW Income Statement (2019 – 2023)

2023 2022 2021 2020 2019
Revenue
Revenue
110.74K1.32M144.06K242.91K207.38K
Cost of revenue
25.68K363.21K21.44K29.03K218.21K
Gross profit
85.06K958.14K122.62K213.87K-10.82K
Operating exp.
Research and development
1.92M511K139K00
Selling and marketing
0886.41K35.48K10.71K1.37M
Total operating expenses
5.78M2.79M6.14M3.47M1.45M
Operating income
-5.69M-1.83M-6.01M-3.25M-1.46M
Other income (expenses), net
1.04M135.21K-59.40K-145.07K-3.55M
Income before tax
-4.64M-1.69M-6.07M-3.40M-5.02M
Income tax expense
0227.99K82.31K78.68K5
Net income
-4.64M-1.92M-6.16M-3.48M-5.02M
Earnings per share
Basic EPS
-0.63-0.26-0.85-0.48-0.69
Diluted EPS
-0.63-0.26-0.85-0.48-0.69
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