Filing Flows › Nexalin Technology (NXL) › Q2 2025
Nexalin Technology (NXL) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 6, 2025
Nexalin Technology (NXL) reported revenue of $71K for the second quarter 2025 (Q2 2025), +163% from a year earlier and +72% from the quarter before.
Nexalin Technology, Q2 2025: revenue $71K (+163% year over year), net loss $1.6M, operating cash flow −$917K. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $71K | +72% | +163% |
| Operating profit | −$1.6M | — | — |
| Net earnings | −$1.6M | — | — |
| Operating cash flow | −$917K | — | — |
What changed
Revenue was $71K in Q2 2025, up 163% year over year and up 72% from the previous quarter. Equipment was the largest line at 74% of revenue. Equipment added $42K year over year (up 420%), 97% of the total change. Licensing fee declined 36%.
Gross margin was 67.6%, down 5.4 points from a year earlier. Operating costs exceeded revenue by $1.6M, an operating margin of -2296.2%. Operating expenses grew 27% against revenue growth of 163%. The fastest-growing cost line was SG&A (+49%). The quarter ended with a net loss of $1.6M, narrower than the previous quarter's $2.0M loss.
Operating cash flow was −$917K. Non-cash charges added back $572K of share-based compensation. Working capital and other items added $92K.
Questions
What was Nexalin Technology's revenue in the second quarter 2025?
Nexalin Technology (NXL) reported revenue of $71K for the second quarter 2025 (Q2 2025), +163% from a year earlier and +72% from the quarter before.
Source: Nexalin Technology 10-Q on SEC EDGAR.