Nexentis Technologies Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | — | $210,000 | $263,000 | $394,004 | $438,141 |
| Cost of revenue | — | $165,000 | $55,000 | $158,313 | $135,943 |
| Gross profit | — | $45,000 | $208,000 | $235,691 | $302,198 |
| Research and development | $179,000 | $369,000 | $1.9M | $770,826 | $538,684 |
| Operating expenses | — | — | $2.9M | — | — |
| Operating income | -$4.2M | -$3.3M | -$7.6M | -$5.8M | -$4.7M |
| Interest expense | — | $16 | — | — | $8,339 |
| Pretax income | -$3.6M | -$4.3M | — | — | — |
| Income tax expense | -$18,000 | — | — | — | — |
| Net income | -$4.0M | -$5.2M | -$6.5M | -$5.7M | -$4.8M |
| Balance Sheet | |||||
| Cash and equivalents | $3.8M | $1.9M | $4.4M | $5.7M | $6.8M |
| Current assets | $6.0M | $3.5M | $5.5M | $6.3M | $7.2M |
| Total assets | $20.4M | $5.5M | $7.2M | $6.5M | $7.6M |
| Current liabilities | $1.4M | $892,000 | $779,000 | $714,849 | $931,304 |
| Total liabilities | $4.7M | $892,000 | $786,000 | $754,872 | $1.2M |
| Stockholders' equity | $16.0M | $4.7M | $6.5M | $5.8M | $6.5M |
| Cash Flow Statement | |||||
| Cash from operations | -$3.8M | -$3.4M | -$3.2M | -$5.1M | -$4.1M |
| Depreciation and amortization | $71,000 | $18,000 | $21,000 | $54,719 | $57,195 |
| Stock-based compensation | $91,000 | $1,000 | $23,000 | $84,171 | $186,438 |
| Capital expenditure | $14,000 | — | — | $51,689 | $67,749 |
| Free cash flow | -$3.8M | — | — | -$5.1M | -$4.2M |
Shares outstanding 730.5K
Annual filing data through FY ended December 31, 2025; float as of July 15, 2026.