On this page of Benford's Law Stocks.com we present our study of NEXALIN TECHNOLOGY INC. — ticker symbol NXL. SEC filings have been screened by our Benford's Law software, for quarterly 10Q and annual 10K filings from 11/10/2022 to 11/8/2024 for NEXALIN TECHNOLOGY INC. under CIK number 0001527352. For filings made in XBRL (eXtensible Business Reporting Language) format, our algorithm extracts all "tagged" numbers presented by the company; for any non-XBRL filings our algorithm uses its own interal set of rules to extract what it believes to be numbers as found throughout the filings. The format found for each filing is presented below together with the results for NXL, with the percentage of found numbers beginning with each digit (1's, 2's, 3's, 4's, 5's, 6's, 7's, 8's, and 9's) charted against the "normal" range observed throughout our coverage universe, as well as the "normal" range for NEXALIN TECHNOLOGY INC. based on the past NXL filings our system processed in the past.
Benford Chart for NXL 10Q Filed 11/8/2024
24.5
20.3
12.0
15.3
6.1
1.5
9.4
5.9
5.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
XBRL? ✓  [ original filing ]
Total numbers found: 458
Recent share count: 10,586,562 (1's column)

■ = Typical range across full coverage universe
# of Numbers Found in Filing
Benford's Law Stocks Indicator
458
Low count compared to other filers, falling in the bottom quartile. At this number count, it would take about 5 numbers to move any given column by a full percentage point.
Benford's Law Stocks Score for NXL = 53
53

Starting from a possible score of 100, we made the following score deductions:
 • We deducted point upon observing the 1's percentage was below the typical coverage universe range.
 • We deducted point upon observing the 2's percentage was above the typical coverage universe range.
 • The 4's percentage was higher than the 3's percentage, increasing the penalty multiplier.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 4's percentage was above the typical coverage universe range.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 4's percentage was above the company's typical historical range.
 • We deducted point upon observing the 5's percentage was below the typical coverage universe range.
 • We deducted point upon observing the 5's percentage was below the company's typical historical range.
 • We deducted points upon observing the 6's percentage was below the typical coverage universe range.
 • We deducted points upon observing the 6's percentage was below the company's typical historical range.
 • The 7's percentage was higher than the 6's percentage, increasing the penalty multiplier.
 • This is the 2nd column with percentage higher than the prior column, resulting in a penalty deduction.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 7's percentage was above the typical coverage universe range.
 • We deducted point upon observing the 8's percentage was above the typical coverage universe range.
NXL's Score Vs. Typical Stock
Benford's Law Stocks Indicator
NXL
Low score compared to other filers, falling in the bottom quartile.
Other Stocks Ranking Near NXL
EMCG
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 GLYC
GTBP
QLGN
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Check our work! We provide our NEXALIN TECHNOLOGY INC. Benford's Law analysis for informational purposes only, and our software should be expected to make mistakes and contain errors (nothing you see on this website should be relied upon for any decision-making without first repeating the analysis yourself independently), and so below we present to you all of the numbers our system detected, for the NXL filing above. This way, you can open the filing on your own and compare what you see below against what you yourself find. This can also be helpful for exploring any columns in particular that caught your eye.

1's 2's 3's
We found 112 numbers that start with the digit 1. Here they are:
12,861,605
15,171
158,375
156,420
140,425
105,528
100,651
166,542
159,534
132,847
100,000,000
12,861,605
12,862
10,207
141,542
12,694
112,445
127,202
1,975,376
1,945,145
1,000
1,370
19,685
180,593
118,348
100,692
159
10,847,476
150,000
150
1,573,020
1,573,170
160
160
161,349
161,349
1,041,157
1,041,157
150,000
150
150
1,284,493
1,284,493
1,351,022
1,536,894
1,539,169
12,861,605
12,862
1,661,558
10,666
180,593
175,245
119,237
1,955
128,437
101,936
198,654
162,743
1.75
159
100,651
104,000
16,941
18,664
18,802
16,679
1,058
1,367
141,542
15,367
10,207
141,542
10,666
10,680
190,226
14,681
10,573
10,309
109,543
105,528
1,842,341
178,565
1,638,508
150,000
132,847
10,000
16,667
100,000
110,000
146,000
144,000
13,500
13,500
150,000
1,232,357
150,000
1,152,125
1,733,375
103.8
18
11
13
11
10
18
13
18
17
15
12
10
100,671
We found 93 numbers that start with the digit 2. Here they are:
2,368,203
248,942
261,284
299,389
299,389
24,113
29,097
20,457
23,337
20,140
262,303
294,175
2,769,641
2,531,854
2,435,677
2,508,517
2,415,537
2,851
203,783
2,448,416
2,297,189
2,448,257
2,297,189
2,448,582
2,329,478
23
2,297,189
2,297,189
245
2,326,987
245
245
2,275,043
2,275
2,448,257
2,448,257
2,008,801
2,105
260,000
2,809,914
2,831,354
22,348,611
24,399,610
29,270,926
2,205,079
200,000
200,000
2,809,914
288
270
24,113
20,664
24,113
24,113
2,105
200,906
263,623
248,942
264
2,368,608
2,368,203
2,368,608
2,368,203
2,368,203
2,368,203
2,662,250
2,662,250
2,863,129
2,662,250
2,662,250
2,662,250
2,863,129
2,662,250
21,954
261,284
200,000
2,275,043
2,281,879
2,863,129
2,281,879
2,863,129
2,662,250
2,662,250
2,315,000
2,135,000
2,662,250
2,662,250
23
27
24
23
20
21
We found 55 numbers that start with the digit 3. Here they are:
3,614
315,670
3,429,892
3,631,916
325
3,206,635
3,631,916
3,102
36,031
3,973
363,330
3,332,524
3,868,040
3,868,040
325
32,289
35,513
3,903,553
31
36,313
33,089
3,993,000
32,289
32,289
3,236,692
3,206,635
308,283
308,283
325
325
3,000,000
3,000
325
3,868,040
325,818
37,625
32,671,394
3,230,008
361,397
35,513
3,000,000
3
36,031
30,423
36,031
3,751
325
325
30,000
3,000,000
3.66
347,250
347,250
39
363,635
4's 5's 6's
We found 70 numbers that start with the digit 4. Here they are:
4,512,197
4,907,589
496
4,463
425,281
425,281
405
4,957,793
405,949
4,991,695
4,141,578
4,879,250
4,071,823
40,735
42,875
4,778,558
4,651
4,773,907
4,773,827
4,756
4,756
41,069
4,735,029
405
4,513,184
4,516,184
4,957,793
4,773,907
402
496
4,208
4,651
4,249
4,463
4,516,184
4,516,184
498,809
4,720,000
48
4,651
4,879,250
4.6
4,211
4,001
4,015
4,512,522
4,512,197
4,512,522
4,512,197
405
405
4,512,197
4,512,197
453,643
43,517
40,500
40,500
4,516,184
434,194
434,194
4.61
4.15
4.15
4.15
4.15
4.15
4.15
4.15
48
43
We found 28 numbers that start with the digit 5. Here they are:
580,230
540
5,257,182
5,257,182
5,330
56,250
55
53
5,478,687
5,262
540
52,144
580,230
52
5,250,000
5,179
55,500
54,561
58,716
5,525,379
5,525,379
5,425,043
581,250
581,250
581,250
59
55
581,250
We found 7 numbers that start with the digit 6. Here they are:
69,755
6,407
60,101
67,069
62,566
65,523
62,717
7's 8's 9's
We found 43 numbers that start with the digit 7. Here they are:
7,436,852
7,437
77,038,049
731,099
7,415,366
7,330,128
7,286,562
7,287
77,824,427
72,389,340
748,414
748,414
7,286,562
7,287
77,824,427
73,137,754
7,980
7,980
7,286,562
7,287
77,912,815
73,960,191
7,436,562
7,437
79,485,835
76,257,380
7,436,562
7,437
77,038,049
7,436,562
7,437
78,079,206
7,586,562
7,587
79,363,699
7,008
74,460
76,019
753
750,000
75
70
78
We found 27 numbers that start with the digit 8. Here they are:
81,421
86,757,212
80,237,652
81,811,956
868
82,943
80
8,606,357
88,388
88,388
822,437
822,437
800
80,237,652
80,399,001
80,707,134
86,757,212
81,811,956
81,421
80
81,811,956
80,005
89,330
89,330
88,120
89
89
We found 23 numbers that start with the digit 9. Here they are:
9,369
96,000
90,212
928,072
965,988
92,915
92,915
9,608
96,000
96,000
96,000
9,600
90,212
90,212
98,970
95,219
90,000
94
90
94
99.0
97
90,620
While the above NXL 10Q Filed 11/8/2024 is interesting in isolation, we have found that it is also useful to take a look at older NEXALIN TECHNOLOGY INC. filings processed by our Benford's Law Stocks algorithm, to see how the company's filings "typically look" on a Benford's Law analysis. Below we repeat the 10Q Filed 11/8/2024 but instead of the chart comparing against the typical company across our coverage universe, below we show the same chart compared against the typical NXL 10Q and 10K filings that we have processed historically. This is followed by similar charts for each of those historical filings.

10Q Filed 11/8/2024
24.5
20.3
12.0
15.3
6.1
1.5
9.4
5.9
5.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 53
XBRL? ✓  [ original filing ]
Total numbers found: 458

■ = Typical NXL range from 11/10/2022 to 11/8/2024
10K Filed 3/27/2024
19.2
21.8
14.0
11.8
10.5
6.0
6.8
3.8
6.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 71
XBRL? ✓  [ original filing ]
Total numbers found: 400

■ = Typical NXL range from 11/10/2022 to 11/8/2024
10Q Filed 5/10/2023
18.6
16.7
14.4
14.4
12.4
6.9
10.1
2.3
4.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 72
XBRL? ✓  [ original filing ]
Total numbers found: 306

■ = Typical NXL range from 11/10/2022 to 11/8/2024
10Q Filed 8/8/2024
26.7
20.7
9.5
10.7
5.7
4.5
10.0
7.5
4.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 62
XBRL? ✓  [ original filing ]
Total numbers found: 401

■ = Typical NXL range from 11/10/2022 to 11/8/2024
10Q Filed 11/13/2023
23.2
17.5
12.1
12.1
7.2
5.5
12.3
4.4
5.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 79
XBRL? ✓  [ original filing ]
Total numbers found: 456

■ = Typical NXL range from 11/10/2022 to 11/8/2024
10K Filed 3/24/2023
22.9
21.9
12.6
10.8
9.5
8.5
5.1
4.1
4.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 92
XBRL? ✓  [ original filing ]
Total numbers found: 389

■ = Typical NXL range from 11/10/2022 to 11/8/2024
10Q Filed 5/10/2024
25.5
20.5
11.3
10.3
7.9
2.3
12.6
4.3
5.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 78
XBRL? ✓  [ original filing ]
Total numbers found: 302

■ = Typical NXL range from 11/10/2022 to 11/8/2024
10Q Filed 8/10/2023
19.1
18.8
12.6
12.3
8.2
9.7
9.4
5.6
4.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 76
XBRL? ✓  [ original filing ]
Total numbers found: 414

■ = Typical NXL range from 11/10/2022 to 11/8/2024
10Q Filed 11/10/2022
27.0
17.4
8.8
14.2
8.0
8.6
6.6
5.2
4.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 78
XBRL? ✓  [ original filing ]
Total numbers found: 500

■ = Typical NXL range from 11/10/2022 to 11/8/2024
SPWH 10Q Filed 12/11/2024:
66
VGES 10Q Filed 12/11/2024:
77
RFL 10Q Filed 12/11/2024:
81
ROST 10Q Filed 12/10/2024:
77
REVG 10K Filed 12/11/2024:
89
FNVTU 10Q Filed 12/10/2024:
63
CDMO 10Q Filed 12/10/2024:
65
GIII 10Q Filed 12/10/2024:
84
PLAY 10Q Filed 12/10/2024:
67
OLLI 10Q Filed 12/10/2024:
47
UNFI 10Q Filed 12/10/2024:
77
DBI 10Q Filed 12/10/2024:
72
DELL 10Q Filed 12/10/2024:
72
IOT 10Q Filed 12/10/2024:
85
GME 10Q Filed 12/10/2024:
89
IDT 10Q Filed 12/10/2024:
82
ORCL 10Q Filed 12/10/2024:
85
URBN 10Q Filed 12/10/2024:
89
SKIL 10Q Filed 12/10/2024:
81
MDB 10Q Filed 12/10/2024:
89
ONEW 10K Filed 12/10/2024:
99
ASO 10Q Filed 12/10/2024:
70
FERG 10Q Filed 12/10/2024:
87
DOMO 10Q Filed 12/9/2024:
87
ONCO 10Q Filed 12/9/2024:
93
AI 10Q Filed 12/9/2024:
74
LAKE 10Q Filed 12/9/2024:
88
OOMA 10Q Filed 12/9/2024:
92
BRZE 10Q Filed 12/9/2024:
93
PHR 10Q Filed 12/9/2024:
90
GFMH 10Q Filed 12/9/2024:
48
PL 10Q Filed 12/9/2024:
96
ZUO 10Q Filed 12/9/2024:
90
CASY 10Q Filed 12/9/2024:
87
VSCO 10Q Filed 12/9/2024:
71
YEXT 10Q Filed 12/9/2024:
94
ODC 10Q Filed 12/9/2024:
97
MTN 10Q Filed 12/9/2024:
74
VEEV 10Q Filed 12/9/2024:
100
HQY 10Q Filed 12/9/2024:
77
 

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