NEXGEL (NXGL) Posts Q4 Revenue of $533K

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NEXGEL Reports Fourth Quarter and Full Year 2021 Financial Results

March 21, 2022 4:00 PM EDT

Full year 2021 revenue increased 130% YoY to $1.55 million

As of December 31, 2021, the Company had $13.35 million in cash

LANGHORNE, Pa., March 21, 2022 /PRNewswire/ -- NEXGEL, Inc. ("NEXGEL" or the "Company") (NASDAQ: "NXGL"), a leading provider of ultra-gentle, high-water-content hydrogel products for healthcare and consumer applications, today announced its financial results for the fourth quarter and full year periods ended December 31, 2021.

"2021 was a milestone year for NEXGEL we completed a $14.2 million initial public offering and began trading on NASDAQ under the ticker symbol NXGL. Furthermore, we brought on new leadership with deep... More