Nexalin Q1 FY26 net loss widens 5% to $2.1 million; revenue drops 64% to $14,950

Nexalin Technology, Inc.

Nexalin Technology, Inc.

NXL

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  • Nexalin Technology reported a net loss of USD 2.1 million for the three months ended March 31, 2026, widening 5%.
  • Revenue fell 64% to USD 14,950.
  • Operating loss widened 5% to USD 2.12 million as operating expenses rose 5% to USD 2.13 million.
  • Professional fees climbed 35% to USD 495,296, while salaries and benefits increased 49% to USD 498,560.
  • Entered a Scope of Work with Lindus Health for a pivotal HALO Clarity insomnia clinical trial, with direct fees of about USD 944,820 plus pass-through expenses.


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