NXT-ID, Inc.'s innovative MobileBio® solution mitigates consumer risks associated with mobile computing, m-commerce and smart OS-enabled devices. The company is focused on the growing m-commerce market, launching its innovative MobileBio® suite of biometric solutions that secure consumers' mobile platforms led by Wocket®; a next generation smart wallet designed to replace all the cards in your wallet, no smart phone required. Wocket was recognized as one of the top technology products at CES 2015 by multiple media outlets including Wired.com. The Wocket works anywhere credit cards are accepted and only works with your biometric stamp of approval. NXT-ID’ wholly owned subsidiary, 3D-ID LLC, is engaged in biometric identification and has 22 licensed patents in the field of 3D facial recognition.
Company Growth (employees)
Type
Public
HQ
Oxford, US
Founded
2012
Size (employees)
16 (est)
Website
nxt-id.com
NXT-ID was founded in 2012 and is headquartered in Oxford, US

NXT-ID Office Locations

NXT-ID has offices in Oxford, Palm Bay, Melbourne
Oxford, US (HQ)
288 Christian St
Melbourne, US
285 North Dr
Palm Bay, US
3255 Bayside Lakes Blvd SE

NXT-ID Metrics

NXT-ID Financial Metrics

Revenue (2015)

$616.9 k

Gross profit

($1.2 m)

Gross profit margin (2015), %

(196%)

Net income (2015)

($13.1 m)

Market capitalization (21-Mar-2017)

$12.5 m

Closing share price (21-Mar-2017)

$1.9

Cash (31-Dec-2015)

$419 k
NXT-ID's current market capitalization is $12.5 m.
NXT-ID's revenue was reported to be $616.9 k in FY, 2015
FY, 2013FY, 2014FY, 2015

Revenue

$616.9 k

Cost of goods sold

$1.8 m

Gross profit

($1.2 m)

Gross profit Margin, %

(196%)

Operating expense total

$1.4 m$5.2 m$9.7 m

EBIT

($1.4 m)($5.2 m)($10.9 m)

EBIT margin, %

(1771%)

Interest expense

($35.5 k)($30.7 k)($1.2 m)

Interest income

$1.2 k$727

Pre tax profit

($7.1 m)($13.1 m)

Income tax expense

($843)($4.3 k)

Net Income

($1.5 m)($7.1 m)($13.1 m)
FY, 2013FY, 2014FY, 2015

Cash

$303.6 k$2.2 m$419 k

Accounts Receivable

Inventories

$6.5 k$918.2 k$1 m

Current Assets

$313.5 k$3.5 m$4.8 m

Total Assets

$321.2 k$3.7 m$5.1 m

Accounts Payable

$244.1 k$535.2 k$1.3 m

Current Liabilities

$2.2 m$928.4 k$4.3 m

Additional Paid-in Capital

($80.2 k)$11.6 m$22.8 m

Retained Earnings

($1.8 m)($8.8 m)($21.9 m)

Total Equity

($1.8 m)$2.7 m$881.3 k

Financial Leverage

-0.2 x1.3 x5.8 x
FY, 2013FY, 2014FY, 2015

Net Income

($1.5 m)($7.1 m)($13.1 m)

Depreciation and Amortization

$585$183.2 k

Accounts Receivable

Inventories

($6.5 k)$918.2 k$400.5 k

Accounts Payable

$244.1 k$535.2 k$1.4 m

Cash From Operating Activities

($840.5 k)($8.6 m)

Purchases of PP&E

($6.4 k)($381.8 k)

Cash From Investing Activities

($6.4 k)($1.9 m)

Interest Paid

Income Taxes Paid

$1 k

NXT-ID Market Value History

NXT-ID Online Presence

NXT-ID Company Life

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