Neuraxis, Inc. NRXS

FY2025 · ended Dec 31, 2025 · Revenue $3.57M, +32.9% YoY · Filed Mar 19, 2026

Neuraxis, Inc. (NRXS) files with the SEC under industry code 3845, Electromedical & Electrotherapeutic Apparatus. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $3.6 million and a net loss of $7.8 million. Free cash flow was -$6.5 million. As of Jun 30, 2026 it held $8.3 million in cash and investments and $279,392 in total debt.

Revenue (TTM)
$5.32M
+65.2% vs year-ago TTM
Net income (TTM)
$-7.68M
-7.1% vs year-ago TTM
Operating cash flow (TTM)
$-5.62M
+9.7% vs year-ago TTM
Free cash flow (TTM)
$-5.63M
+9.9% vs year-ago TTM
EPS (TTM)
$-0.78
+26.2% vs year-ago TTM
Dividend per share
None
Shares outstanding
11.19M
+55.0% vs prior year
Net cash
$8.04M
as of Jun 30, 2026
Operating margin
-144.5%
FY 2026

Company profile

Industry
Electromedical & Electrotherapeutic Apparatus (SIC 3845)
Listed as
NRXS (NYSE)
Fiscal year ends
December 31
Incorporated in
DE
Headquarters
Carmel, IN
SEC filer status
, Emerging growth company
SEC CIK
1933567

Other Electromedical & Electrotherapeutic Apparatus companies

Key figures

Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.

Line
FY 2025
Dec 31, 2025
FY 2024
Dec 31, 2024
FY 2023
Dec 31, 2023
Revenue
$3.6M
$2.7M
$2.5M
Operating income
-$7.8M
-$7.2M
-$6.7M
Net income
-$7.8M
-$8.2M
-$14.6M
Diluted EPS
-$0.95
-$1.22
-$4.50
Operating cash flow
-$6.4M
-$6.1M
-$6.7M
Free cash flow
-$6.5M
-$6.1M
-$6.7M
Total assets
$6.4M
$4.8M
$509,498
Total liabilities
$3.0M
$2.7M
$1.9M
Stockholders' equity
$3.4M
$2.1M
-$1.4M
Cash and investments
$5.0M
$3.7M
$78,560
Total debt
$416,611
$473,405
$224,260

Recent SEC filings

Recent SEC filings
Form Description Filed Period
8-K Current report
Other events
Oct 14, 2026 Oct 14, 2026
8-K Current report
Officer or director change, Other events
Aug 19, 2026 Jul 24, 2026
10-Q Quarterly report Aug 11, 2026 Jun 30, 2026
8-K Current report
Other events
Jul 10, 2026 Jul 9, 2026
8-K Current report
Shareholder vote results
Jun 12, 2026 Jun 10, 2026
10-Q Quarterly report May 12, 2026 Mar 31, 2026

Source: SEC EDGAR filings. This is company-reported data, not investment advice.