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NEXGEL reported Q3 2025 revenue of $2.93 million, a 0.20% decrease YoY, and a net loss of $0.65 million. Gross profit increased to $1.24 million, with a margin of 42.4%. Adjusted EBITDA narrowed to a loss of $0.35 million. CEO Adam Levy attributed the results to strong partnerships and successful new product launches, while maintaining operational efficiencies.

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