📊 CHMX Key Takeaways
Is NEXT-ChemX Corporation. (CHMX) a Good Investment?
NEXT-ChemX is in severe financial distress with negative stockholders' equity of -3.8M, insolvency risk, and deteriorating operations. Revenue collapsed 90.3% YoY to just 500K while the company burns cash at an unsustainable rate with -537.1K free cash flow and critically low liquidity (0.14x current ratio). The company is operationally unprofitable with -162.9% operating margin and faces imminent solvency concerns absent dramatic operational turnaround or capital infusion.
NEXT-ChemX shows extremely weak fundamentals: revenue collapsed 90.3% year over year while the business remained deeply unprofitable, with negative operating margin, net margin, and free cash flow. The balance sheet is highly stressed, with negative equity, minimal cash, and a 0.14x current ratio, indicating acute liquidity and going-concern risk unless operations or financing improve materially.
Why Buy NEXT-ChemX Corporation. Stock? CHMX Key Strengths
- High gross margin of 98.1% suggests strong unit economics if revenue can be recovered
- Minimal capital expenditure requirement indicates low ongoing investment needs
- Low absolute debt burden at 845K in long-term debt provides some flexibility
- Very high reported gross margin of 98.1%, suggesting low direct cost of revenue
- Net loss and diluted EPS improved year over year from a weak prior period
- Capital expenditure requirements are currently very low
CHMX Stock Risks: NEXT-ChemX Corporation. Investment Risks
- Negative equity of -3.8M indicates technical insolvency and potential going concern issues
- Severe revenue decline of 90.3% YoY suggests fundamental business model deterioration or loss of major customers
- Critical liquidity crisis with only 22K cash and 0.14x current ratio creates immediate runway concerns
- Negative free cash flow of -537.1K at current burn rate exhausts remaining cash in weeks
- Operating losses of -814.6K with no clear path to profitability in near term
- No insider buying activity in 90 days suggests lack of confidence from management
- Revenue contraction of 90.3% indicates severe business deterioration and poor growth quality
- Negative stockholders equity, weak liquidity, and only $22.04K in cash create major financial health risk
- Operating cash flow and free cash flow remain negative, making the company dependent on external financing
Key Metrics to Watch
- Monthly revenue run rate and customer retention to assess stabilization
- Cash burn rate and runway to next funding requirement
- Operating cash flow trend and path to cash flow breakeven
- Whether company obtains capital infusion or debt restructuring to address negative equity
- Revenue stabilization and year-over-year sales growth
- Cash balance and current ratio
NEXT-ChemX Corporation. (CHMX) Financial Metrics & Key Ratios
💡 AI Analyst Insight
The current ratio below 1.0x warrants monitoring of short-term liquidity.
CHMX Profit Margin, ROE & Profitability Analysis
CHMX vs Materials Sector: How NEXT-ChemX Corporation. Compares
How NEXT-ChemX Corporation. compares to Materials sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is NEXT-ChemX Corporation. Stock Overvalued? CHMX Valuation Analysis 2026
Based on fundamental analysis, NEXT-ChemX Corporation. has mixed fundamental signals relative to the Materials sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
NEXT-ChemX Corporation. Balance Sheet: CHMX Debt, Cash & Liquidity
CHMX Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: NEXT-ChemX Corporation.'s revenue has remained relatively flat over the 5-year period, with a 5% decline. The most recent EPS of $-0.09 indicates the company is currently unprofitable.
CHMX Revenue Growth, EPS Growth & YoY Performance
CHMX Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q2 2023 | $500.0K | -$387.9K | $-0.01 |
| Q3 2020 | $942 | -$16.8K | N/A |
| Q2 2020 | $5.0K | -$41.6K | N/A |
| Q3 2019 | $942 | -$9.2K | N/A |
| Q2 2019 | $5.0K | -$14.0K | N/A |
| Q3 2017 | $1.5K | -$16.6K | N/A |
| Q2 2017 | $1.5K | -$10.2K | N/A |
| Q1 2017 | $1.5K | -$4.2K | N/A |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
NEXT-ChemX Corporation. Dividends, Buybacks & Capital Allocation
CHMX SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for NEXT-ChemX Corporation. (CIK: 0001657045)
📋 Recent SEC Filings
❓ Frequently Asked Questions about CHMX
What is the AI rating for CHMX?
NEXT-ChemX Corporation. (CHMX) has a Combined AI Rating of STRONG SELL from Claude (STRONG SELL) and ChatGPT (STRONG SELL) with 96% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are CHMX's key strengths?
Claude: High gross margin of 98.1% suggests strong unit economics if revenue can be recovered. Minimal capital expenditure requirement indicates low ongoing investment needs. ChatGPT: Very high reported gross margin of 98.1%, suggesting low direct cost of revenue. Net loss and diluted EPS improved year over year from a weak prior period.
What are the risks of investing in CHMX?
Claude: Negative equity of -3.8M indicates technical insolvency and potential going concern issues. Severe revenue decline of 90.3% YoY suggests fundamental business model deterioration or loss of major customers. ChatGPT: Revenue contraction of 90.3% indicates severe business deterioration and poor growth quality. Negative stockholders equity, weak liquidity, and only $22.04K in cash create major financial health risk.
What is CHMX's revenue and growth?
NEXT-ChemX Corporation. reported revenue of $500.0K.
Does CHMX pay dividends?
NEXT-ChemX Corporation. does not currently pay dividends.
Where can I find CHMX SEC filings?
Official SEC filings for NEXT-ChemX Corporation. (CIK: 0001657045) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is CHMX's EPS?
NEXT-ChemX Corporation. has a diluted EPS of $-0.03.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is CHMX a good stock to buy right now?
Based on our AI fundamental analysis in April 2026, NEXT-ChemX Corporation. has a STRONG SELL rating with 96% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.
Is CHMX stock overvalued or undervalued?
Valuation metrics for CHMX: ROE of N/A (sector avg: 14%), net margin of -184.3% (sector avg: 10%). Compare these metrics with sector averages to assess valuation.
Should I buy CHMX stock in 2026?
Our dual AI analysis gives NEXT-ChemX Corporation. a combined STRONG SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is CHMX's free cash flow?
NEXT-ChemX Corporation.'s operating cash flow is $-535.5K, with capital expenditures of $1.6K. FCF margin is -107.4%.
How does CHMX compare to other Materials stocks?
Vs Materials sector averages: Net margin -184.3% (avg: 10%), ROE N/A (avg: 14%), current ratio 0.14 (avg: 1.6).