Company research
Nano Magic Inc.
CIK 891417Updated Sep 24, 2026
SecurityNMGX · OTC · equity
Name history
Nano Magic Holdings Inc. · through Feb 2, 2023PEN INC. · through Feb 26, 2020Applied Nanotech Holdings, Inc · through Aug 29, 2014NANO PROPRIETARY INC · through Jun 30, 2008NANO PROPRIETARY INC · through Nov 5, 2007SI DIAMOND TECHNOLOGY INC · through Jul 1, 2003
NMGX price & chart
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Financials
FY 2023 · USDSource
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Source
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balance sheet · annual statements
| Line item | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 3,515,104Source | 4,090,545Source | 4,106,601Source | 4,791,500Source |
| Property, Plant and Equipment, NetUSD | 424,103Source | 525,809Source | 634,133Source | 613,471Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | — | — | — | 288,134Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 209,057Source | 348,565Source | 312,344Source | 1,235,069Source |
| Inventory, NetUSD | 849,764Source | 1,120,073Source | 1,379,005Source | 841,694Source |
| Assets, CurrentUSD | 1,699,821Source | 1,900,858Source | 2,156,666Source | 2,653,831Source |
| Prepaid Expense and Other Assets, CurrentUSD | — | 132,997Source | 212,127Source | 278,461Source |
| Operating Lease, Right-of-Use AssetUSD | 845,563Source | 1,037,749Source | 1,309,912Source | 1,518,308Source |
| Other Assets, NoncurrentUSD | — | — | 5,890Source | 5,890Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 2,205,366Source | 2,473,083Source | 2,190,784Source | 3,394,080Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 1,342Source | 1,072Source | 970Source | 846Source |
| Additional Paid in CapitalUSD | 16,310,868Source | 13,763,143Source | 11,960,011Source | 9,867,174Source |
| Retained Earnings (Accumulated Deficit)USD | -15,002,472Source | -12,146,753Source | -10,045,164Source | -8,470,600Source |
| Stockholders' Equity Attributable to ParentUSD | 1,309,738Source | 1,617,462Source | 1,915,817Source | 1,397,420Source |
| Liabilities and EquityUSD | 3,515,104Source | 4,090,545Source | 4,106,601Source | 4,791,500Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 1,244,852Source | 1,376,469Source | 1,153,539Source | 2,020,259Source |
| Operating Lease, Liability, CurrentUSD | 161,905Source | 142,173Source | 166,279Source | 186,898Source |
| Accounts Payable, CurrentUSD | — | 762,524Source | 670,505Source | 1,136,756Source |
| Operating Lease, Liability, NoncurrentUSD | 560,514Source | 722,420Source | 921,317Source | 1,195,521Source |
| Additional Financial Items | ||||
| Long-term DebtUSD | — | — | 96,560Source | 275,881Source |
| Short-term InvestmentsUSD | — | — | 10,716Source | 10,473Source |
cash flow · annual statements
| Line item | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 111,058Source | 112,288Source | 106,351Source | 38,609Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 404,726Source | 338,594Source | 592,161Source | — |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | 9,164Source | 46,006Source | -936,057Source | 1,137,569Source |
| Increase (Decrease) in InventoriesUSD | -123,678Source | -139,796Source | 488,387Source | -43,334Source |
| Increase (Decrease) in Accounts PayableUSD | — | — | — | 339,081Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -1,537,468Source | -1,708,365Source | -1,377,056Source | -2,001,044Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | 35,648Source | 20,090Source | -127,257Source | -143,963Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 9,352Source | 4,910Source | 127,013Source | 143,456Source |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 1,770,059Source | 1,705,024Source | 1,458,653Source | 2,216,070Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 268,239Source | 16,749Source | -45,660Source | 71,333Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | — | 259,223Source | — | — |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 44,461Source | 33,767Source | — | 6,891Source |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | 404,726Source | — | — | — |
| Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of TaxUSD | — | 1,148,225Source | — | — |
| Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, Net of TaxUSD | — | 1,300Source | — | — |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | — | — | — | 450Source |
| General and Administrative ExpenseUSD | 977,385Source | 829,841Source | 838,446Source | 766,214Source |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | — | -3,251,114Source | — | — |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | -2,855,719Source | -3,251,114Source | — | — |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | — | 1,149,525Source | — | — |
| Net Income (Loss) Attributable to ParentUSD | -2,855,719Source | -2,101,589Source | -1,574,564Source | -781,055Source |
| Nonoperating Income (Expense)USD | -14,787Source | 102,583Source | 191,381Source | 10,691Source |
| Operating ExpensesUSD | 3,216,221Source | 3,545,620Source | 4,089,705Source | 2,431,022Source |
| Other Nonoperating Income (Expense)USD | 25,985Source | — | 253Source | — |
| Other Operating Income (Expense), NetUSD | 11,420Source | 95,701Source | 632,069Source | -133,950Source |
| Payments to Acquire InvestmentsUSD | — | — | 244Source | 237Source |
| Proceeds from Issuance of Common StockUSD | 1,664,083Source | 1,464,641Source | 1,500,800Source | 2,115,001Source |
income statement · annual statements
| Line item | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Total RevenueUSD | 2,782,390Source | 2,577,332Source | 5,039,613Source | 4,759,240Source |
| Cost of Goods and Services Sold | — | — | — | — |
| Operating Income (Loss)USD | -2,840,932Source | -3,353,697Source | -1,765,945Source | -792,196Source |
| Other Nonoperating Income (Expense)USD | 25,985Source | — | 253Source | — |
| Net Income (Loss) Attributable to ParentUSD | -2,855,719Source | -2,101,589Source | -1,574,564Source | -781,055Source |
| Earnings Per Share, BasicUSD per share | -0.25Source | -0.21Source | -0.17Source | -0.1Source |
| Earnings Per Share, DilutedUSD per share | -0.25Source | -0.21Source | -0.17Source | -0.1Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 11,481,547Source | 10,264,381Source | 9,475,560Source | 7,558,078Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 11,481,547Source | 10,264,381Source | 9,475,560Source | 7,558,078Source |
| Additional Financial Items | ||||
| Depreciation, Depletion and Amortization, NonproductionUSD | 111,058Source | 112,288Source | — | — |
| Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, Net of TaxUSD | — | 1,300Source | — | — |
| General and Administrative ExpenseUSD | 977,385Source | 829,841Source | 838,446Source | 766,214Source |
| Gross ProfitUSD | 363,869Source | 96,222Source | 1,691,691Source | 1,638,826Source |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | — | -3,251,114Source | — | — |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | -2,855,719Source | -3,251,114Source | — | — |
| Income (Loss) from Continuing Operations, Per Basic ShareUSD per share | -0.25Source | -0.32Source | — | — |
| Income (Loss) from Continuing Operations, Per Diluted ShareUSD per share | -0.25Source | -0.32Source | — | — |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | — | 1,149,525Source | — | — |
| Interest ExpenseUSD | — | — | — | 6,891Source |
| Interest Expense, DebtUSD | — | — | 19,077Source | — |
| Nonoperating Income (Expense)USD | -14,787Source | 102,583Source | 191,381Source | 10,691Source |
| Operating ExpensesUSD | 3,216,221Source | 3,545,620Source | 4,089,705Source | 2,431,022Source |
| Other IncomeUSD | — | 17,613Source | — | — |
| Other Operating Income (Expense), NetUSD | 11,420Source | 95,701Source | 632,069Source | -133,950Source |
| Research and Development ExpenseUSD | 47,440Source | 16,777Source | 34,875Source | 56,816Source |
| Selling and Marketing ExpenseUSD | 319,370Source | 389,391Source | 161,194Source | 29,218Source |