Nexscient, Inc. (NXNT) Form 10-Q — Aug 14, 2026

$NXNTForm 10-QFiled Aug 14, 2026, 5:02 PM ET0001477932-26-005094Original filing

Nexscientific (OTCQB: NXNT) reported its first revenue in company history, posting $1,110,112 of net revenue for the three months ended June 30, 2026 from Flipside AI, the Philippine AI data-annotation business acquired on April 1, 2026.

Key figures

Revenue: 1110112
Total Debt: 1726155
Total Assets: 4680235
Cash Position: 489216
Shares Outstanding: 34564312
Goodwill: 2583253
Arcadia Loan: 200000
Gross Profit: 437213
Gross Margin Pct: approximately 39%
Impairment Charge: 135000
Working Capital Deficit: 484674
Acquisition Consideration: 2609694
Shares Issued During Period: 12901000
Seller Convertible Note Face: 450000
Advance Payable Note Principal: 840000
Pro Forma Revenue Six Months2025: 1160617
Pro Forma Revenue Six Months2026: 1795498
Debt Principal Due Remaining2026: 971750
Private Placement Price Per Share: 0.25
Customer Concentration Top Four Pct: 76.2
Private Placement Gross Proceeds Six Months: 1200000

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