secwatch.observer — SEC 8-K summary
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Issuer:     NEXGEL, INC. (NXGL)
CIK:        0001468929
Form:       8-K
Filed at:   2025-08-12T23:59:59+00:00
Accession:  0001641172-25-023188
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NEXGEL Q2 revenue doubles to $2.88M, guided to $13M and positive EBITDA for FY2025
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- Revenue $2.88M, +100.3% YoY; gross margin 43.6% vs 20.3% YoY.
- Net loss $0.67M, improved from $0.89M YoY; adjusted EBITDA loss $0.42M.
- Reiterated FY2025 guidance: $13M revenue and achieving positive EBITDA.
- Subsequent: expanded STADA partnership with $1M advance; raised $1.05M gross proceeds.
- Cash $0.73M as of June 30; 8,067,580 shares outstanding.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1468929/000164117225023188/0001641172-25-023188-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1468929/000164117225023188/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001641172-25-023188

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