{"schema_version":"secwatch.filing_event.v1","accession":"0001641172-25-009954","form_type":"8-K","ticker":"NXGL","cik":"0001468929","company_name":"NEXGEL, INC.","filed_at":"2025-05-13T23:59:59+00:00","discovered_at":"2026-05-14T18:02:48.389920+00:00","generated_at":"2026-05-21T14:45:14.841707+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 Q1 revenue $2.81M (+121% YoY); gross margin expands to 42.4% from 12.6%","bullets":["Revenue $2.81M, up 121% YoY from $1.27M; guided Q1 slightly above prior outlook.","Gross profit margin 42.4% vs 12.6% in Q1 2024 and 37.2% in Q4 2024.","Net loss narrowed to $0.71M from $0.85M YoY; EBITDA loss also improved to $0.54M.","Reaffirms 2025 revenue guidance of $13M and target of positive EBITDA in 2025.","CEO cites growth in contract manufacturing (Cintas) and consumer branded products; new launches ahead."],"urls":{"canonical":"https://secwatch.observer/filing/0001641172-25-009954","json":"https://secwatch.observer/filing/0001641172-25-009954.json","markdown":"https://secwatch.observer/filing/0001641172-25-009954.md","text":"https://secwatch.observer/filing/0001641172-25-009954.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1468929/000164117225009954/0001641172-25-009954-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1468929/000164117225009954/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-21T14:45:14.841707+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}