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How Nexalin Technology (NXL) makes money

Nexalin Technology (NXL) made $12K of revenue in the second quarter 2026 (Q2 2026), -83% from a year earlier.

Drawing the Sankey…

Nexalin Technology: revenue by line, Q4 2024 to Q2 2025Nexalin Technology: revenue by line, Q4 2024 to Q2 2025EquipmentLicensing feeOtherEquipment: $53K latest$53KLicensing fee: $10K latest$10KOther: $8K latest$8KQ4 2024Q1 2025Q2 2025
Equipment went from 27% of revenue in Q4 2024 to 74% in Q2 2025, the largest shift in the mix.
Nexalin Technology revenue by quarterNexalin Technology revenue by quarter$27KQ4 2024$41KQ1 2025$71KQ2 2025$18KQ3 2025$172KQ4 2025$15KQ1 2026$12KQ2 2026

Where each dollar of revenue goes

LineQ2 2026% of revenue
Revenue$12K100.0%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q2 2026$12K-83%
Q1 2026$15K-64%
Q4 2025$172K+532%
Q3 2025$18K-50%
Q2 2025$71K+163%
Q1 2025$41K-48%
Q4 2024$27K+32%

From Nexalin Technology's 10-Q filed Aug 12, 2026 (on EDGAR).

Questions

How does Nexalin Technology make money?

Nexalin Technology (NXL) made $12K of revenue in the second quarter 2026 (Q2 2026), -83% from a year earlier.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.