NEXGEL, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $11.4M | $8.7M | $4.1M | $2.0M | $1.6M | $674.0K | $717.0K | $2.2M |
| Cost of Revenue | $6.9M | $5.9M | $3.7M | $1.8M | $1.5M | $965.0K | $854.0K | $1.7M |
| Gross Profit | $4.5M | $2.7M | $374.0K | $256.0K | $8.0K | $-291.0K | $-137.0K | $514.0K |
| Gross Margin | 39.5% | 31.6% | 9.1% | 12.5% | 0.5% | -43.2% | -19.1% | 23.2% |
| Operating Expenses | ||||||||
| Research & Development | $2.0K | $78.0K | $103.0K | $367.0K | $31.0K | — | — | — |
| SG&A Expense | $7.9M | $6.2M | $3.7M | $3.2M | $2.5M | $2.0M | $1.8M | $2.4M |
| Operating Income | $-3.4M | $-3.6M | $-3.5M | $-3.3M | $-2.6M | $-2.3M | $-1.9M | $-1.9M |
| Operating Margin | -29.3% | -40.9% | -85.0% | -163.5% | -165.7% | -335.3% | -268.3% | -85.3% |
| Interest Expense | — | — | $15.0K | $1.3M | — | — | — | — |
| Pretax Income | $-2.9M | $-3.5M | $-3.2M | $-4.7M | — | — | — | — |
| Income Tax Expense | — | — | — | $0 | $0 | $0 | $0 | — |
| Net Income | $-3.0M | $-3.3M | $-3.2M | $-4.7M | $-4.3M | $-2.3M | $-1.9M | $-1.9M |
| Net Margin | -26.3% | -37.8% | -77.2% | -231.7% | -277.9% | -335.9% | -268.2% | -85.3% |
| EPS (Basic) | $-0.38 | $-0.50 | $-0.56 | $-0.85 | $-1.45 | $-1.05 | $-0.14 | $-0.13 |
| EPS (Diluted) | $-0.38 | $-0.50 | $-0.56 | $-0.85 | $-1.45 | $-1.05 | $-0.14 | $-0.13 |
| Shares Outstanding (Basic) | 7.9M | 6.5M | 5.7M | 5.6M | 3.0M | 2.3M | 13.6M | 15.0M |
| Shares Outstanding (Diluted) | 7.9M | 6.5M | 5.7M | 5.6M | 3.0M | 2.3M | 13.6M | 15.0M |
| Dividends Per Share | — | — | — | — | — | — | — | — |