# Neuraxis, INC: overview

NRXS · NYSE · CIK 1933567 · [Healthcare](/sectors/healthcare.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/nrxs.md) · [Financials](/companies/nrxs/financials.md) · [Filings](/companies/nrxs/filings.md) · [Insiders](/companies/nrxs/insiders.md)

Latest reported revenue: [$1.9m](/filings/0001493152-26-036978.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 11, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0001493152-26-036978).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $k | [667](/filings/0001493152-25-021547.md) | [761 d](/filings/0001493152-26-011505.md) | [896](/filings/0001493152-26-022384.md) | [894](/filings/0001493152-26-036978.md) | [811](/filings/0001493152-25-021547.md) | [968 d](/filings/0001493152-26-011505.md) | [1,608](/filings/0001493152-26-022384.md) | [1,929](/filings/0001493152-26-036978.md) |
| Gross margin | % | [85.4%](/filings/0001493152-25-021547.md) | [86.2% d](/filings/0001493152-26-011505.md) | [84.4%](/filings/0001493152-26-022384.md) | [83.6%](/filings/0001493152-26-036978.md) | [83.3%](/filings/0001493152-25-021547.md) | [85.4% d](/filings/0001493152-26-011505.md) | [86.4%](/filings/0001493152-26-022384.md) | [85.9%](/filings/0001493152-26-036978.md) |
| Operating margin | % | [(247.7%)](/filings/0001493152-25-021547.md) | [(192.7%) d](/filings/0001493152-26-011505.md) | [(256.2%)](/filings/0001493152-26-022384.md) | [(192.1%)](/filings/0001493152-26-036978.md) | [(258.8%)](/filings/0001493152-25-021547.md) | [(177.3%) d](/filings/0001493152-26-011505.md) | [(108.3%)](/filings/0001493152-26-022384.md) | [(110.2%)](/filings/0001493152-26-036978.md) |
| Net margin | % | [(263.3%)](/filings/0001493152-25-021547.md) | [(190.2%) d](/filings/0001493152-26-011505.md) | [(254.4%)](/filings/0001493152-26-036978.md) | [(189.1%)](/filings/0001493152-26-036978.md) | [(261.6%)](/filings/0001493152-25-021547.md) | [(176.5%) d](/filings/0001493152-26-011505.md) | [(109.5%)](/filings/0001493152-26-036978.md) | [(108.1%)](/filings/0001493152-26-036978.md) |
| Diluted EPS | $ per share | [(0.25)](/filings/0001493152-25-021547.md) | not reported | [(0.33)](/filings/0001493152-26-022384.md) | [(0.22)](/filings/0001493152-26-036978.md) | [(0.24)](/filings/0001493152-25-021547.md) | not reported | [(0.18)](/filings/0001493152-26-022384.md) | [(0.19)](/filings/0001493152-26-036978.md) |
| Free cash flow | $k | [(1,397) d](/filings/0001493152-25-021547.md) | [(1,758) d](/filings/0001493152-26-011505.md) | [(1,622)](/filings/0001493152-26-022384.md) | [(1,475) d](/filings/0001493152-26-036978.md) | [(1,428) d](/filings/0001493152-25-021547.md) | [(1,940) d](/filings/0001493152-26-011505.md) | not reported | not reported |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: |
| Revenue | $k | [2,685](/filings/0001493152-24-014832.md) | [2,460](/filings/0001493152-25-010984.md) | [2,686](/filings/0001493152-26-011505.md) | [3,569](/filings/0001493152-26-011505.md) |
| Gross margin | % | [88.9%](/filings/0001493152-24-014832.md) | [87.7%](/filings/0001493152-25-010984.md) | [86.5%](/filings/0001493152-26-011505.md) | [84.2%](/filings/0001493152-26-011505.md) |
| Operating margin | % | [(125.6%)](/filings/0001493152-24-014832.md) | [(270.9%)](/filings/0001493152-25-010984.md) | [(266.5%)](/filings/0001493152-26-011505.md) | [(219.4%)](/filings/0001493152-26-011505.md) |
| Net margin | % | [(178.0%)](/filings/0001493152-24-014832.md) | [(594.6%)](/filings/0001493152-25-010984.md) | [(306.8%)](/filings/0001493152-26-011505.md) | [(218.5%)](/filings/0001493152-26-011505.md) |
| Diluted EPS | $ per share | [(2.77)](/filings/0001493152-24-014832.md) | [(4.50)](/filings/0001493152-25-010984.md) | [(1.22)](/filings/0001493152-26-011505.md) | [(0.95)](/filings/0001493152-26-011505.md) |
| Free cash flow | $k | [(2,299)](/filings/0001493152-24-014832.md) | [(6,725)](/filings/0001493152-25-010984.md) | [(6,126)](/filings/0001493152-26-011505.md) | [(6,464)](/filings/0001493152-26-011505.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/nrxs/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [AIGH Capital Management LLC](/funds/1835943.md) | 2026-06-30 | $3.8m | 519,938 |  | Added +119,938 |
| [Rosalind Advisors, Inc.](/funds/1622627.md) | 2026-06-30 | $3.0m | 508,055 |  | Added +221,917 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $2.5m | 335,793 |  | Added +109,926 |
| [MONEY CONCEPTS CAPITAL CORP](/funds/716851.md) | 2026-06-30 | $1.7m | 228,029 |  | Added +2,474 |
| [RENAISSANCE TECHNOLOGIES LLC](/funds/1037389.md) | 2026-06-30 | $1.2m | 169,400 |  | Added +92,446 |
| [MARSHALL WACE, LLP](/funds/1318757.md) | 2026-06-30 | $941.2k | 128,755 |  | Added +50,060 |
| [PARSONS CAPITAL MANAGEMENT INC/RI](/funds/1018674.md) | 2026-06-30 | $861.2k | 117,808 |  | Added +1,082 |
| [Panoramic Capital, LLC](/funds/1950490.md) | 2026-06-30 | $840.6k | 115,000 |  | Reduced −75,000 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $704.7k | 96,361 |  | Added +3,256 |
| [CITADEL ADVISORS LLC](/funds/1423053.md) | 2026-06-30 | $621.7k | 85,053 |  | New +85,053 |

## Recent filings

[All 193 filings](/companies/nrxs/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-14 | 21:00 ET | [8-K](/filings/0001493152-26-047034.md) | 8.01 Other events | 0001493152-26-047034 |
| 2026-08-19 | 21:00 ET | [8-K](/filings/0001493152-26-039247.md) | 5.02 Departure or appointment of officers or directors; 8.01 Other events | 0001493152-26-039247 |
| 2026-08-11 | 11:00 ET | [10-Q](/filings/0001493152-26-036978.md) | Quarterly report, period 2026-06-30 | 0001493152-26-036978 |
| 2026-07-10 | 11:00 ET | [8-K](/filings/0001493152-26-032769.md) | 8.01 Other events | 0001493152-26-032769 |
| 2026-06-12 | 20:50 ET | [8-K](/filings/0001493152-26-028489.md) | 5.07 Shareholder vote results | 0001493152-26-028489 |
| 2026-05-12 | 11:00 ET | [10-Q](/filings/0001493152-26-022384.md) | Quarterly report, period 2026-03-31 | 0001493152-26-022384 |
| 2026-04-28 | 21:00 ET | [DEF 14A](/filings/0001140361-26-017498.md) | Proxy statement, period 2026-06-10 | 0001140361-26-017498 |
| 2026-04-22 | 20:54 ET | [8-K](/filings/0001493152-26-018580.md) | 8.01 Other events; 9.01 Financial statements and exhibits | 0001493152-26-018580 |
| 2026-04-21 | 21:28 ET | [8-K](/filings/0001493152-26-018376.md) | 2.02 Results of operations | 0001493152-26-018376 |
| 2026-03-19 | 11:00 ET | [10-K](/filings/0001493152-26-011505.md) | Annual report, period 2025-12-31 | 0001493152-26-011505 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001493152-26-011505.md), filed Mar 19, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/ec0b35e2-f8af-4183-99de-e9e05d22dd3f)

## About the filer

- CIK: 1933567
- Tickers: NRXS
- Exchange: NYSE
- SIC code: 3845 Electromedical & Electrotherapeutic Apparatus
- State of incorporation: DE
- Filer category: <br>Emerging growth company

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:50 ET. No prices; not investment advice.
