{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-012173","form_type":"8-K","ticker":"NXGL","cik":"0001468929","company_name":"NEXGEL, INC.","filed_at":"2024-04-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:18.552882+00:00","generated_at":"2026-06-04T04:30:16.175281+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"NEXGEL reports FY2023 revenue $4.1M (+99.7% YoY); net loss narrows to $3.2M","bullets":["Revenue $4.1M for FY2023, up 99.7% YoY; Q4 revenue $1.1M, up 110% YoY.","Net loss $3.2M vs $4.7M prior year; gross profit margin improved to 15.2% from 12.5%.","Ended FY2023 with $2.7M cash; subsequent $1M insider-led direct offering closed.","Q1 2024 revenue guided to ~$1.25M, excluding $176K AbbVie deposit.","Key operational milestones: JV with CG Converting, AbbVie gel pad supply agreement, Kenkoderm acquisition."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-012173","json":"https://secwatch.observer/filing/0001493152-24-012173.json","markdown":"https://secwatch.observer/filing/0001493152-24-012173.md","text":"https://secwatch.observer/filing/0001493152-24-012173.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1468929/000149315224012173/0001493152-24-012173-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1468929/000149315224012173/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T04:30:16.175281+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"e96a28c08c6bbbd9ad19b821c46b192594150231","claim":"NEXGEL, INC. reported the fourth quarter and year ended December 31, 2023 results: revenue $4.1 million, net income Net loss for the year ended December 31, 2023, was $3.2 million.","evidence_excerpt":"NEXGEL Reports Full Year 2023 Revenue of $4.1 Million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1468929/000149315224012173/0001493152-24-012173-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter and year ended December 31, 2023"},{"label":"Revenue","value":"$4.1 million"},{"label":"Net income","value":"Net loss for the year ended December 31, 2023, was $3.2 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}