--- title: "Nexalin Technology, Inc. 1Q 2026: Revenue $14.95K, EPS ($0.11) — 10-Q Summary" type: "News" locale: "en" url: "https://longbridge.com/en/news/285763802.md" description: "Nexalin Technology, Inc. reported a revenue of $14.95K for Q1 2026, down 63.5% from $41.02K a year prior, with a net loss of $2.1M and diluted EPS of ($0.11). The decline in revenue was attributed to lower international equipment sales, although a shift towards higher-margin licensing fees improved gross margins. The company initiated a pivotal insomnia trial and reported increased operating expenses, raising concerns about its financial viability." datetime: "2026-05-08T18:41:01.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/285763802.md) - [en](https://longbridge.com/en/news/285763802.md) - [zh-HK](https://longbridge.com/zh-HK/news/285763802.md) --- # Nexalin Technology, Inc. 1Q 2026: Revenue $14.95K, EPS ($0.11) — 10-Q Summary Nexalin Technology, Inc. reported first-quarter 2026 results with revenue down to $14.95K from $41.02K a year earlier and a net loss of ($2.1M), or diluted EPS of ($0.11). **Financial Highlights** Metric Current quarter Prior year quarter YoY change Revenue¹ $14.95K $41.02K (63.5%) Net income² ($2.1M) ($1.99M) (5.5%) Diluted EPS³ ($0.11) ($0.15) 26.7% _¹ Reported as “Revenues, net (includes related party of $ 0 and $ 3,583 for the three months ended March 31, 2026 and March 31, 2025, respectively)”. ² Reported as “Net loss”. ³ Reported as “loss per share attributable to common stockholders - Basic and Diluted”._ **Business Highlights** - Revenue trend: Revenues declined about 64% year over year to approximately $15K in Q1 2026, driven by lower international equipment sales. - Channel shift: The company reported a shift in mix toward higher‑margin licensing fees versus device and equipment sales, which improved gross margin dynamics. - Product and regulatory milestones: FDA accepted a Q‑Submission for Gen‑2 SYNC, and the Gen‑3 HALO pivotal insomnia trial was initiated with a UK CRO statement of work. - Operating outlook: Operating expenses rose modestly due to higher professional fees and increased headcount; cash burn to fund trials and development continues, creating material doubt about going concern. Original SEC Filing: Nexalin Technology, Inc. \[ NXL \] - 10-Q - May. 08, 2026 **Disclaimer** This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC. ### Related Stocks - [NXL.US](https://longbridge.com/en/quote/NXL.US.md) - [LABD.US](https://longbridge.com/en/quote/LABD.US.md) - [NXLIW.US](https://longbridge.com/en/quote/NXLIW.US.md) ## Related News & Research - [CV Sciences, Inc. To Announce First Quarter 2026 Results On May 14, 2026 | CVSI Stock News](https://longbridge.com/en/news/286163474.md) - [GRI Bio Highlights Promising Phase 2a IPF Data, Outlook](https://longbridge.com/en/news/286422240.md) - [AleAnna, Inc. Reports First Quarter 2026 Results | ANNA Stock News](https://longbridge.com/en/news/286463118.md) - [Capstone Companies, Inc. announces Execution of Binding Letter of Intent with eBliss Global, Inc. | CAPC Stock News](https://longbridge.com/en/news/286782166.md) - [Comex Silver Settles 0.11% Lower at $77.073 — Data Talk](https://longbridge.com/en/news/286805320.md)