secwatch.observer — SEC 8-K summary
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Issuer:     NEXGEL, INC. (NXGL)
CIK:        0001468929
Form:       8-K
Filed at:   2025-11-12T23:59:59+00:00
Accession:  0001493152-25-021742
Event type: earnings
Sentiment:  neutral
Materiality: 0.50
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NEXGEL Q3 revenue flat at $2.93M; net loss narrows to $0.65M
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- Net revenue $2.93M, virtually unchanged from $2.94M in Q3 2024.
- Gross margin improved to 42.4% vs 39.3% YoY; gross profit $1.24M.
- Net loss attributable to stockholders $0.65M vs $0.69M YoY.
- Adjusted EBITDA loss $0.35M, same as Q3 2024; EBITDA loss $0.55M.
- Cash + restricted cash ~$1.86M; includes $1M non-dilutive STADA capital.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1468929/000149315225021742/0001493152-25-021742-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1468929/000149315225021742/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-25-021742

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer