NXGLW · Nexgel, Inc. · Executive Compensation
$0.01
+0.00 (+47.37%)
At close · Oct 26
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 26
6018
Avg daily vol (3M)
24.26K
Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.
Fiscal 2025
| Executive | Role | Total |
|---|---|---|
| Adam Levy | Chief Executive Officer and President | $877,177 |
| Joseph F. McGuire | Former Chief Financial Officer | $446,169 |
Fiscal 2024
| Executive | Role | Total |
|---|---|---|
| Adam Levy | Chief Executive Officer and President | $437,550 |
| Adam E. Drapczuk III | Former Interim Chief Financial Officer | $248,229 |
Fiscal 2023
| Executive | Role | Total |
|---|---|---|
| Adam Levy | Chief Executive Officer | $442,100 |
| Adam E. Drapczuk III | Chief Financial Officer | $208,675 |
Fiscal 2022
| Executive | Role | Total |
|---|---|---|
| Adam Levy | Chief Executive Officer | $450,104 |
| Adam E. Drapczuk III | Chief Financial Officer | $148,841 |
Fiscal 2021
| Executive | Role | Total |
|---|---|---|
| Adam Levy | Chief Executive Officer | $306,482 |
| Adam E. Drapczuk III | Chief Financial Officer | $36,332 |
Fiscal 2020
| Executive | Role | Total |
|---|---|---|
| Adam Levy | Chief Executive Officer | $226,077 |
| Adam E. Drapczuk III | Chief Financial Officer | — |
Executive changes
| Person | Role | Change | Filed |
|---|---|---|---|
| Brian Kieser | Interim Chief Executive Officer | Appointed | 2026-08-21 |
| Adam R. Levy | Board of Directors | Resigned | 2026-08-21 |
| Adam R. Levy | Chief Executive Officer | Terminated | 2026-08-21 |
| Scott Henry | member of the Company's Board of Directors | Resigned | 2026-07-02 |
| Kevin M. Harris | board of directors | Appointed | 2026-05-12 |
| Brian J. Kieser | board of directors | Appointed | 2026-05-12 |
| Adam E. Drapczuk III | Interim Chief Financial Officer | Resigned | 2026-04-30 |
| Ian Blackman | Chief Financial Officer | Appointed | 2026-04-30 |
| Nachum Stein | member of the Company's Board of Directors | Resigned | 2026-01-30 |
| Joseph F. McGuire | Chief Financial Officer | Terminated | 2026-01-07 |
| Adam E. Drapczuk III | Interim Chief Financial Officer | Appointed | 2026-01-07 |
| Steven A. Ciardiello | member of the board of directors | Appointed | 2025-08-05 |
| Adam E. Drapczuk, III | Chief Financial Officer | Resigned | 2025-01-06 |
| Joseph F. McGuire | Chief Financial Officer | Appointed | 2025-01-06 |
| Miranda J. Toledano | member of the Board of Directors | Resigned | 2024-01-16 |
| David Stefansky | Board | Resigned | 2023-12-29 |
| Scott R. Henry | member of the Board | Appointed | 2023-12-29 |
| David Stefansky | member of the Company's Board of Directors | Resigned | 2023-12-12 |
| Yaakov Spinrad | member of the Board | Resigned | 2023-01-17 |
| Scott R. Henry | member of the board of directors | Appointed | 2023-01-17 |
Leadership
- Brian Kieser CEO
- Adam E. Drapczuk III CFO
- Ian Blackman CFO
- Joseph F. McGuire CFO
- Brian J. Kieser Board Member
- Dr. Jerome B. Zeldis Board Member
- Dr. Jerome Zeldis Board Member
- Kevin M. Harris Board Member
- Scott R. Henry Board Member
- Steven A. Ciardiello Board Member
- Steven Glassman Board Member