---
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"
generated_at: "2026-05-21T14:45:14.841707+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# NexGel Q1 revenue $2.81M (+121% YoY); gross margin expands to 42.4% from 12.6%

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001641172-25-009954
- JSON: https://secwatch.observer/filing/0001641172-25-009954.json
- Plain text: https://secwatch.observer/filing/0001641172-25-009954.txt

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