Subsequent Event |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2024 | |||
| Subsequent Events [Abstract] | |||
| Subsequent Event |
On March 7, 2025, the Company announced its rebranding as Solesence, Inc., marking a new chapter in its commitment to innovation, self-expression, and inclusivity in skin health. The company’s stock will continue to trade under the NANX ticker symbol. Its corporate website transitioned to solesence.com, historic Company financials and disclosures are now available at ir.solesence.com. Nanophase Technologies Corporation changed its legal name to Solesence, Inc. by amending its certificate of incorporation with the state of Delaware on March 10, 2025.
As explained in Note 4, the Company’s debt has been refinanced to extend maturity to May 31, 2028. See Note 4 for additional information. |