NXGL · Nexgel, Inc. · Exempt Offerings
$4.03
-0.23 (-5.29%)
At close · Oct 28
Return incl. dividend (before tax)
Q3 2025 earnings call transcript
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
$2.07M
Shares
487,383
Volume · Oct 28
52.78K
Avg daily vol (13 sessions)
324.83K
Private capital raises reported to the SEC on Form D under Regulation D, showing the offering size, amount sold, minimum investment and number of investors. Public operating companies rarely raise capital this way, so this page is often empty.