Executive readout · one minute
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NXGL
$4.90
-7.29%
NXGL
· Nexgel, Inc.
$4.90
-0.39 (-7.29%)
At close · Oct 22
Return incl. dividend (before tax)
Going-concern doubt
— flagged Aug 17, 2026
Substantial doubt about the company's ability to continue as a going concern.
“As of June 30, 2026, the Company had an unrestricted cash balance of $0.5 million. For the six months ended June 30, 2026, the Company incurred a net loss of $4.5 million and had a net usage of cash in operating activities of $2,701 thousand. These conditions raise substantial doubt about the Company's ability to continue as a going concern.”View the 10-Q filed Aug 17, 2026
Market Cap
$2.57M
Shares
487,383
Volume · Oct 22
30.11K
Avg daily vol (8 sessions)
496.7K
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Earnings call · FY2022 Q2
Nexgel, Inc. (NXGL) Q2 2022 Earnings Call
Revenue
$561,000
+34.5% YoY
Diluted EPS
-$3.80
Gross margin
18.0%
+17.0 pp YoY
Net income
-$1.03M
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SEC filing · Item 2.02
8-K earnings release
Filed Aug 10, 2022 · complete as-filed document
SEC periodic report
10-Q report
Filed Aug 10, 2022 · complete as-filed document