Reported Earnings • May 11
First quarter 2026 earnings: EPS misses analyst expectations First quarter 2026 results: US$0.11 loss per share. Net loss: US$2.10m (loss widened 5.5% from 1Q 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 10.0%. Revenue is forecast to grow 55% p.a. on average during the next 2 years, compared to a 7.9% growth forecast for the Medical Equipment industry in the US. Announcement • Apr 24
Nexalin Technology Advances Pivotal Clinical Trial of HALO™ Clarity Toward Second Quarter 2026 Enrollment Nexalin Technology, Inc. had entered into agreements to advance its planned pivotal clinical trial evaluating the HALO Clarity device for the treatment of moderate-to-severe insomnia, with patient enrollment currently expected to begin in Second Quarter of 2026. The trial is being conducted in collaboration with Lindus Health, an Accountable Research Organization (ARO). Lindus Health has been selected to provide full-scope trial execution from protocol finalization through database lock, including regulatory and ethics submissions, patient identification, data oversight, biostatistics and medical writing. Nexalin believes this collaboration will support a rigorous and efficient execution model as the Company progresses toward enrollment and future regulatory milestones. Announcement • Apr 18
Nexalin Technology, Inc. Advances FDA Alzheimer’S Strategy and Designs FDA Application Amendments and U.S. Clinical Strategy Leveraging Extensive Real-World Neurostimulation Data Sets Nexalin Technology, Inc. announced the successful completion of a series of high-level meetings in the United States and China focused on advancing the Company’s global clinical strategy for the treatment of Alzheimer’s disease and dementia related cognitive decline. These meetings, including a productive Q-Submission interaction with the U.S. Food and Drug Administration (FDA), represent key milestones in the preparation of Nexalin’s De Novo application with the FDA for the treatment of Alzheimer’s disease. The FDA provided clinical guidance on the proposed Alzheimer’s symptom reduction FDA clinical trial and regulatory pathway. The Nexalin clinical and research teams are currently finalizing the clinical design that will provide primary and secondary endpoints to follow FDA guidance on clinical relevance and treatment response in the Alzheimer’s patient population. The Company plans to submit an amended FDA Q-Submission application based on these strategy meetings in the Second Quarter 2026. The high-level meetings brought together Nexalin leadership, American-based academic research teams and members of the international Alzheimer’s clinical community. Insights gained from these discussions are directly informing Nexalin’s FDA strategy and shaping the final design of its upcoming FDA clinical trial focused on Alzheimer’s disease and age-related cognitive vulnerability. As part of the initiative, Nexalin’s China team continues to meet and collaborate with Professor Yi Tang M.D., PhD, a globally recognized expert in Alzheimer’s disease and geriatric neurology. Professor Tang serves as Vice Chairman of Xuanwu Hospital at Capital Medical University and holds leadership roles at China’s National Neuroscience and Research Center for Geriatric Diseases. Professor Yi Tang M.D., PhD, brings extensive real-world clinical experience from ongoing studies using Nexalin’s medical device on Alzheimer’s patients in China, representing one of the largest single-center bodies of data involving Nexalin’s non-invasive neurostimulation in aging and dementia-related populations. According to Nexalin leadership, the central theme of Nexalin’s clinical strategy is the importance of addressing disrupted brain networks and thereby reducing the symptoms in Alzheimer’s disease and age-related cognitive decline. Nexalin will continue to focus on resetting and stabilizing disrupted brain networks associated with mental and cognitive impairment. The clinical design and regulatory strategy is built around providing relief to both the Alzheimer’s patient and caretaker. Ultimately, Nexalin intends to provide evidence that Nexalin can slow and possibly delay the need for admission to hospitals and memory care centers for the patient. Unlike current neurostimulator technologies, Nexalin’s proprietary DIFS technology enables direct stimulation of neurons across the entire brain, delivering targeted intervention for disrupted brain network connectivity. It modulates and encourages the brain’s neural plasticity to restore connectivity and physiological stability. Nexalin’s frequency-based treatment mitigates pathological changes associated with age-related cognitive decline, including Alzheimer’s disease. Nexalin believes its growing international clinical experience and ongoing research efforts provide a strong foundation for advancing its Alzheimer’s disease strategy in the United States and major global markets. The Company’s approach focuses on restoring disrupted brain networks and improving cognitive stability associated with Alzheimer’s disease using a safe, non-invasive, drug-free neurostimulation medical device. Nexalin remains committed to advancing brain health in the United States and around the world through rigorous clinical research and education on the Nexalin DIFS non-invasive neurostimulation technology, while adhering to the highest scientific, ethical, and regulatory standards.