Filing Flows › Nexalin Technology (NXL) › Q3 2025
Nexalin Technology (NXL) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 14, 2025
Nexalin Technology (NXL) reported revenue of $18K for the third quarter 2025 (Q3 2025), -50% from a year earlier and -74% from the quarter before.
Nexalin Technology, Q3 2025: revenue $18K (-50% year over year), net loss $2.3M, operating cash flow −$1.5M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $18K | -74% | -50% |
| Operating profit | −$2.3M | — | — |
| Net earnings | −$2.3M | — | — |
| Operating cash flow | −$1.5M | — | — |
What changed
Revenue was $18K in Q3 2025, down 50% year over year and down 74% from the previous quarter.
Gross margin was 78.2%, up 13.5 points from a year earlier. Operating costs exceeded revenue by $2.3M, an operating margin of -12924.3%. Operating expenses fell 7% while revenue fell 50%. The fastest-growing cost line was Other operating costs (+28%). The quarter ended with a net loss of $2.3M, wider than the previous quarter's $1.6M loss.
Operating cash flow was −$1.5M. Non-cash charges added back $1.1M of share-based compensation. Working capital and other items used $273K.
Questions
What was Nexalin Technology's revenue in the third quarter 2025?
Nexalin Technology (NXL) reported revenue of $18K for the third quarter 2025 (Q3 2025), -50% from a year earlier and -74% from the quarter before.
Source: Nexalin Technology 10-Q on SEC EDGAR.