v3.25.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Current Assets:    
Cash $ 1,807 $ 2,700
Accounts receivable, net 933 633
Inventory 1,751 1,319
Prepaid expenses and other current assets 623 400
Total current assets 5,114 5,052
Goodwill 1,128 1,128
Intangibles, net 807 326
Property and equipment, net 2,211 1,499
Operating lease - right of use asset 1,628 1,855
Other assets 95 95
Total assets 10,983 9,955
Current Liabilities:    
Accrued expenses and other current liabilities 310 398
Deferred revenue 179 20
Current portion of note payable 97 80
Warrant liability 118 146
Contingent consideration liability 178 439
Finance lease liability, short term 59
Operating lease liability, current portion 237 233
Total current liabilities 2,470 2,549
Operating lease liability, net of current portion 1,538 1,727
Finance lease liability, long term 307
Notes payable, net of current portion 588 513
Total liabilities 4,903 4,789
Commitments and Contingencies (Note 17)
STOCKHOLDERS’ EQUITY    
Preferred stock, par value $0.001 per share, 5,000,000 shares authorized, no shares issued and outstanding
Common stock, par value $0.001 per share, 25,000,000 shares authorized; 7,638,497 and 5,741,838 shares issued and outstanding as of December 31, 2024 and 2023, respectively 8 6
Additional paid-in capital 23,743 19,406
Accumulated deficit (17,996) (14,715)
Total NexGel stockholders’ equity 5,755 4,697
Non-controlling interest in joint venture 325 469
Total stockholders’ equity 6,080 5,166
Total liabilities and stockholders’ equity 10,983 9,955
Nonrelated Party [Member]    
Current Liabilities:    
Accounts payable 761 579
Related Party [Member]    
Current Liabilities:    
Accounts payable $ 531 $ 654

Source

PDF HTML
10-K Filing
ZIP XLS HTML
XBRL