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Nexalin Technology Inc
26072 MERIT CIRCLE, SUITE 106
Phone: (949) 260-8090p:949 260-8090 LAGUNA NIGUEL, CA  92653  United States Ticker: NXLNXL
Business Summary
Nexalin Technology, Inc. is engaged in designing and developing neurostimulation products for the mental health epidemic. The Company has developed an easy-to-administer medical device (Generation 1 or Gen-1) that utilizes bioelectronic medical technology to treat anxiety and insomnia, without the need for drugs or psychotherapy. Its original Gen-1 devices are cranial electrotherapy stimulation (CES) devices that emit a waveform at 4 milliamps during treatment. It also has designed and developed a new advanced waveform technology to be emitted at 15 milliamps through new and improved medical devices referred to as (Generation 2 or Gen-2) and (Generation 3 or Gen-3). Gen-2 is a clinical use device with a modern enclosure to emit the new 15 milliamp advanced waveform. Gen-3 is a new patient headset that will be prescribed by licensed medical professionals in a virtual clinic setting like existing telehealth platforms. Its products are non-invasive and undetectable to the human body.
(Source: 10-K)

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
-Yes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
12/31/202312/31/2023YesYes---

Industries
SIC Code Description
3845 Electromedical and electrotherapeutic apparatus
8731 Commercial physical and biological research

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Independent Chairman of the Board RickMorad 64 1/1/2018 1/1/2018
President, Chief Executive Officer, Director MarkWhite 62 1/1/2018 1/1/2018
Senior Vice President of Quality, Clinical and Regulatory MichaelNketiah 12/1/2022 12/1/2022
4 additional Officers and Directors records available in full report.

General Information
Number of Employees: 6 (As of 12/31/2023)
Outstanding Shares: 7,436,562 (As of 3/22/2024)
Shareholders: 878
Stock Exchange: NASD
Federal Tax Id: 275566468


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