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Nexentis Technologies Inc. (NXTS) Financials

NXTS
FY2025 annual
Net Income -$4.0M +22.9% YoY
EPS (Diluted) -$8.61 YoY not available
Free Cash Flow -$3.8M YoY not available
Operating Cash Flow -$3.8M -11.4% YoY
Market Cap $2.0M as of Sep 21, 2026
Price / Sales n/m no revenue reported
Price / Earnings n/m net loss, so no earnings multiple, FY2025
Price / Book 1.1x on $1.9M equity, Q2 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Sep 21, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Aug 13, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the NXTS SEC filings page.

This page shows Nexentis Technologies Inc. (NXTS) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 8 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI NXTS FY2025

External financing, not operating cash generation, is the dominant mechanic supporting a development-stage business with a newly enlarged asset base.

In FY2025, the near match between net loss of -$4.0M and operating cash flow of -$3.8M indicates that reported losses closely reflected cash consumption rather than large non-cash distortions. The asset base expanded more than threefold and included $6.3M of goodwill alongside $8.9M of financing inflow, so the balance-sheet expansion did not come from internally funded operations.

FY2024 revenue was only $210K, while research and development exceeded that amount, indicating development-stage economics rather than a mature sales engine. Yet selling, general and administrative expense reached $3.3M against a 21.4% gross margin, making overhead the larger immediate drag on operating results.

Liquidity is not the same as self-funding: the latest current ratio was 4.2x, and reported liquidity equaled 15.1 months of annual operating outflow. Despite debt-to-equity of 0.3x, operations used -$3.8M, making external capital—not borrowing—the principal funding mechanism visible in the statements.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

Financial health score not available

Nexentis Technologies Inc. does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.

Piotroski F-Score Partial
4/6

Nexentis Technologies Inc. passes 4 of 6 computable financial strength tests (3 of the nine could not be computed from available data). 2 of 4 profitability signals pass, all 2 leverage/liquidity signals pass.

Earnings Quality No Cash Backing
N/A

Nexentis Technologies Inc. reported a net loss of $4.0M while operations used $3.8M of cash. With neither figure positive, the ratio between the two carries no quality signal.

Key Financial Metrics

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Earnings & Revenue

EBITDA
-$1.8M
YoY+32.6%
QoQ+78.3%

Nexentis Technologies Inc.'s EBITDA was -$1.8M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 32.6% from the same quarter a year earlier. Against the prior quarter it is up 78.3%.

Net Income
-$11.1M
YoY-147.2%
QoQ-69.4%

Nexentis Technologies Inc. reported -$11.1M in net income in Q2 2026. This represents a decrease of 147.2% from the same quarter a year earlier. Against the prior quarter it is down 69.4%.

EPS (Diluted)
-$13.66

Nexentis Technologies Inc. earned -$13.66 per diluted share (EPS) in Q2 2026.

Revenue

Not reported for Q2 2026.

Cash & Balance Sheet

Free Cash Flow
-$540K
QoQ+63.8%

Nexentis Technologies Inc. recorded an outflow of $540K in free cash flow in Q2 2026, representing a cash shortfall after capex. Against the prior quarter it is up 63.8%.

Cash & Debt
$7.6M
YoY+142.9%
QoQ+77.3%
5Y CAGR-3.9%

Nexentis Technologies Inc. held $7.6M in cash as of Q2 2026; long-term debt is not reported for that period.

Shares Outstanding
1M
5Y CAGR-12.2%

Nexentis Technologies Inc. had 1M shares outstanding in Q2 2026.

Dividends Per Share

Not reported for Q2 2026.

Margins & Returns

Return on Equity
-585.0%
YoY-506.8pp
QoQ-534.3pp

Nexentis Technologies Inc.'s ROE was -585.0% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is down 506.8 percentage points from the same quarter a year earlier. Against the prior quarter it is down 534.3 percentage points.

Gross Margin

Not reported for Q2 2026.

Operating Margin

Not reported for Q2 2026.

Net Margin

Not reported for Q2 2026.

Capital Allocation

R&D Spending
$373K
YoY+4044.4%
QoQ+35.6%

Nexentis Technologies Inc. invested $373K in research and development in Q2 2026. This represents an increase of 4044.4% from the same quarter a year earlier. Against the prior quarter it is up 35.6%.

Capital Expenditures
$1K
QoQ-98.6%

Nexentis Technologies Inc. invested $1K in capex in Q2 2026, funding long-term assets and infrastructure. Against the prior quarter it is down 98.6%.

Share Buybacks

Not reported for Q2 2026.

NXTS Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

NXTS quarterly income statement
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
RevenueN/AN/AN/A$2K-77.8%N/A$66K+50.6%$140K$9K
Cost of RevenueN/AN/AN/A$2K-97.4%$2K-66.7%$14K-50.0%$54K$77K
Gross ProfitN/AN/AN/A$0+100.0%-$2K-118.2%$52K+225.0%$86K-$68K
R&D Expenses$373K+4044.4%$275K+1275.0%N/A$52K+173.7%$9K+50.0%$20K-82.8%$228K$19K-98.9%
SG&A Expenses$1.3M-52.2%$1.9M+277.5%N/A$1.2M-3.4%$2.6M+230.4%$503K-32.2%$462K$1.3M+16.4%
Operating Income-$1.9M+28.6%-$8.2M-1535.2%N/A-$1.3M+7.7%-$2.6M-210.2%-$503K+44.0%-$101K-$1.4M+49.7%
EBITDA-$1.8M+32.6%-$8.1M-1528.6%N/AN/A-$2.6M-211.8%-$500K+44.1%-$98K-$1.4M+49.7%
Interest ExpenseN/AN/AN/AN/A$127KN/AN/AN/A
Income Tax-$23K-$23KN/AN/AN/AN/AN/AN/A
Net Income-$11.1M-147.2%-$6.6M-451.6%N/A$429K+118.9%-$4.5M-472.9%-$1.2M-55.1%-$1.4M-$2.3M+4.3%
EPS (Basic)-$13.66+69.1%-$10.74+40.3%$4.11+478.9%$0.45+103.2%-$44.26-19143.5%-$18.00-6823.1%$0.71+195.9%-$14.27-701.7%
EPS (Diluted)-$13.66-$10.74-$0.38$0.97-$44.26-$85.25$0.05-$0.39
Diluted Shares (Avg)816,136612,715N/A967,487101,862101,975N/A6M

NXTS Balance Sheet

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

NXTS quarterly balance sheet
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Total Assets$18.7M+141.1%$16.4M+122.7%$20.4M+273.4%$11.0M+89.4%$7.8M+3.6%$7.4M+17.5%$5.5M-24.6%$5.8M+10.9%
Current Assets$10.4M+107.2%$8.2M+89.7%$6.0M+74.2%$8.7M+156.8%$5.0M-8.2%$4.3M-2.0%$3.5M-36.8%$3.4M+18.5%
Cash & Equivalents$7.6M+142.9%$4.3M+57.8%$3.8M+99.3%$6.0M+119.8%$3.1M-29.8%$2.7M-22.0%$1.9M-56.8%$2.7M+42.1%
Short-Term Investments$1.3M+363.8%$1.9M+727.0%$239K+2.1%$240K$271K$230K$234K$0
InventoryN/AN/AN/A$16K-68.6%$16K-85.0%$15K-85.6%$21K-82.8%$51K-43.9%
Accounts ReceivableN/A$130K-33.3%$134K-2.2%$2K-98.7%$195K+23.4%$195K+33.5%$137K+28.0%$154K+236.9%
Long-Term Investments$932K$0$725K$0$0$0$0$0
GoodwillN/AN/A$6.3MN/AN/AN/AN/AN/A
Total Liabilities$16.9M+668.3%$3.5M-3.5%$4.7M+424.1%$2.4M+353.0%$2.2M+38.1%$3.7M+548.1%$892K+13.5%$519K-18.1%
Current Liabilities$2.8M+163.8%$1.7M+78.3%$1.4M+60.8%$2.1M+297.7%$1.1M-33.4%$976K+74.1%$892K+14.5%$517K-18.3%
Non-Current Liabilities$14.1M+1137.0%$1.8M-33.2%$3.2M$292K+21854.9%$1.1M+34423.4%$2.7M+51108.4%$0-100.0%$1K
Total Equity$1.9M-67.0%$13.0M+229.2%$16.0M+237.1%$8.9M+64.1%$5.8M-3.5%$3.9M-31.8%$4.7M-26.7%$5.4M+18.6%
Retained Earnings-$56.3M-39.8%-$45.1M-26.3%-$38.6M-11.6%-$39.8M-20.0%-$40.3M-30.2%-$35.7M-18.6%-$34.6M-17.7%-$33.2M-20.1%

Not reported in any period shown, so not listed: Long-Term Debt.

NXTS Cash Flow Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

NXTS quarterly cash flow statement
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Operating Cash Flow-$539K-2.1%-$1.4M-75.4%-$1.5M-204.3%-$974K-9.3%-$528K+48.6%-$809K+19.7%-$492K+49.5%-$891K-42.7%
Depreciation & Amortization$106K+5200.0%$82K+2633.3%N/AN/A$2K-60.0%$3K-40.0%$3K+120.6%$5K-59.5%
Stock-Based CompensationN/A$90KN/AN/AN/AN/AN/AN/A
Capital Expenditures$1K$71KN/AN/AN/AN/AN/AN/A
Free Cash Flow-$540K-$1.5MN/AN/AN/AN/AN/AN/A
Investing Cash Flow-$110K+75.5%-$450K+61.7%-$1.3M-158.7%-$273K+77.5%-$449K-$1.2M-$516K-92407.7%-$1.2M-189.8%
Financing Cash Flow$4.0M+181.7%$2.2M-13.3%$759K+70.2%$4.2M+959.3%$1.4M-35.3%$2.5M+6230.0%$446K$393K

Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.

NXTS Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

NXTS quarterly financial ratios
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Gross MarginN/AN/AN/A0.0%N/A78.8%+42.3pp61.4%-755.6%
Operating MarginN/AN/AN/A-66300.0%N/A-762.1%-72.1%-15955.6%
Net MarginN/AN/AN/A21450.0%N/A-1807.6%-979.5%-25155.6%
Return on Equity-585.0%-506.8pp-50.7%-20.4ppN/A4.8%+46.4pp-78.2%-65.0pp-30.3%-17.0pp-28.9%-41.6%+10.0pp
Return on Assets-59.6%-1.4pp-40.1%-23.9ppN/A3.9%+42.8pp-58.2%-47.6pp-16.2%-3.9pp-25.1%-38.9%+6.2pp
Current Ratio3.72-1.0x4.73+0.3x4.19+0.3x4.21-2.3x4.73+1.3x4.44-3.4x3.87-3.1x6.52+2.0x
Debt-to-Equity8.88+8.5x0.27-0.7x0.29+0.1x0.26+0.2x0.38+0.1x0.93+0.8x0.19+0.1x0.100.0x
Asset TurnoverN/AN/AN/A0.000.0xN/A0.010.0x0.030.00

Not reported in any period shown, so not listed: FCF Margin.

Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Gross Margin, Operating Margin, Net Margin.

Frequently Asked Questions

Is Nexentis Technologies Inc. profitable?

No, Nexentis Technologies Inc. (NXTS) reported a net income of -$4.0M in fiscal year 2025.

What is Nexentis Technologies Inc.'s earnings per share (EPS)?

Nexentis Technologies Inc. (NXTS) reported diluted earnings per share of -$8.61 for fiscal year 2025. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

What is Nexentis Technologies Inc.'s EBITDA?

Nexentis Technologies Inc. (NXTS) had EBITDA of -$4.2M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

Nexentis Technologies Inc. (NXTS) has a return on equity of -25.0% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

Nexentis Technologies Inc. (NXTS) recorded an outflow of $3.8M in free cash flow during fiscal year 2025. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

Nexentis Technologies Inc. (NXTS) recorded an outflow of $3.8M in operating cash flow during fiscal year 2025, representing cash used by core business activities.

Nexentis Technologies Inc. (NXTS) had $20.4M in total assets as of fiscal year 2025, including both current and long-term assets.

Nexentis Technologies Inc. (NXTS) invested $14K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Nexentis Technologies Inc. (NXTS) invested $179K in research and development during fiscal year 2025.

Nexentis Technologies Inc. (NXTS) had 5M shares outstanding as of fiscal year 2025.

Nexentis Technologies Inc. (NXTS) had a current ratio of 4.19 as of fiscal year 2025, which is generally considered healthy.

Nexentis Technologies Inc. (NXTS) had a debt-to-equity ratio of 0.29 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

Nexentis Technologies Inc. (NXTS) had a return on assets of -19.6% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

Nexentis Technologies Inc. (NXTS) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (FY2025). The market capitalization is $2.0M as of Sep 21, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

Nexentis Technologies Inc. (NXTS) has no price-to-sales ratio at the moment: no revenue reported. The market capitalization is $2.0M as of Sep 21, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

At the end of fiscal year 2025, Nexentis Technologies Inc. (NXTS) held $4.8M in cash, cash equivalents and investments, and reported an operating cash outflow of $3.8M over that year. Dividing the one by the other, the reported balance equals about 15 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.

Nexentis Technologies Inc. (NXTS) has a Piotroski F-Score of 4 out of 6 computable signals; 3 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Nexentis Technologies Inc. (NXTS) reported a net loss of $4.0M while operations used $3.8M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

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