Independent Financial Information Made Easy
Open: 1.64 Close: 1.53 Change: -0.11
NEXGEL will receive a non-dilutive 19.99% equity interest in NexGelRx up to $8 million of capital investment in spin-off. Nexgel will also receive a 5% global royalty in perpetuity. NEXGEL projects revenue of $13 million for 2025 and expects to achieve positive EBITDA, reflecting optimism for future financial performance. Full year 2024 revenue totaled $8.69 million, an increase of 112% compared to $4.09 million in 2023.
Open: 1.64 Close: 1.53 Change: -0.11
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