---
schema_version: "secwatch.filing_event.v1"
accession: "0001641172-25-000311"
form_type: "8-K"
ticker: "NXGL"
cik: "0001468929"
company_name: "NEXGEL, INC."
filed_at: "2025-03-24T23:59:59+00:00"
generated_at: "2026-05-24T06:28:17.336722+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# NexGel Q4 revenue up 181% to $3.04M, guides 2025 revenue of $13M, positive EBITDA

## Summary
- Q4 revenue $3.04M (up 181% YoY); FY 2024 revenue $8.69M (up 112% YoY).
- Gross margin improved to 37.2% in Q4 vs 8.7% a year ago; net loss narrowed to $0.85M from $1.10M.
- Cash $1.81M at Dec 31, 2024; guides Q1 2025 revenue at least $2.75M, FY 2025 revenue $13M and positive EBITDA.
- Operational: first SilverSeal shipments to Cintas; Silly George run rate >$5M; Stada Histasolv launched.

## SEC filing metadata
- accession: 0001641172-25-000311
- form_type: 8-K
- ticker: NXGL
- cik: 0001468929
- company_name: NEXGEL, INC.
- filed_at: 2025-03-24T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1468929/000164117225000311/0001641172-25-000311-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1468929/000164117225000311/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001641172-25-000311
- JSON: https://secwatch.observer/filing/0001641172-25-000311.json
- Plain text: https://secwatch.observer/filing/0001641172-25-000311.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.