secwatch.observer — SEC 8-K summary
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Issuer:     NEXGEL, INC. (NXGL)
CIK:        0001468929
Form:       8-K
Filed at:   2025-03-24T23:59:59+00:00
Accession:  0001641172-25-000311
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1468929/000164117225000311/0001641172-25-000311-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1468929/000164117225000311/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001641172-25-000311

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