NRXS · Neuraxis, INC
Substantial doubt about the company's ability to continue as a going concern.
“Neither future cash generated from operating activities, nor management's contingency plans to mitigate the risk and extend cash resources through the evaluation period, are considered probable. As a result, substantial doubt is deemed to exist about the Company's ability to continue as a going concern.”View the 10-Q filed May 12, 2026
Income-statement, balance-sheet and cash-flow figures extracted from the company's SEC filings — 10-K annual and 10-Q quarterly reports — and standardised for comparison across periods.
Chart any reported metric, KPI or segment over time — the full statement history lives here
| Line Item | TTM | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|---|
| $4.28M | $3.57M | $2.69M | $2.46M | $2.68M | |
| $641.81K | $562.92K | $362K | $303.35K | $297.06K | |
| $3.64M | $3.01M | $2.32M | $2.16M | $2.39M | |
| — | 84.23% | 86.52% | 87.67% | 88.94% | |
| $475.31K | $493.61K | $433.61K | $169.32K | $225.61K | |
| $7.84M | $8.06M | $7.58M | $8.33M | $5.12M | |
| — | $21.81K | $11.49K | $10.49K | $6213 | |
| $69.46K | $59.5K | $37.83K | $40.73K | $37.13K | |
| -$7.28M | -$7.83M | -$7.16M | -$6.66M | -$3.37M | |
| — | -219.37% | -266.46% | -270.91% | -125.61% | |
| -$7.21M | -$7.77M | -$7.12M | -$6.62M | -$3.34M | |
| $97.92K | $73.97K | $174.33K | $476.42K | $318.67K | |
| -$7814 | $29.35K | -$1.08M | -$7.96M | -$1.41M | |
| -$7.28M | -$7.8M | -$8.24M | -$14.63M | -$4.78M | |
| — | -218.55% | -306.84% | -594.57% | -178.05% | |
| -$8.07M | -$8.62M | -$8.45M | -$14.63M | -$5.54M | |
| USD/shares | — | -$0.95 | -$1.22 | -$4.50 | -$2.77 |
| USD/shares | — | -$0.95 | -$1.22 | -$4.50 | -$2.77 |
| shares | — | 9.08M | 6.92M | 3.25M | 2M |
| shares | — | 9.08M | 6.92M | 3.25M | 2M |
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.
Valuation
Peer medians compare against the 297 similar-size Biotechnology companies (of 522 listed).
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
By Geography (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| All Other States | $1,245,322 | $767,993 | $726,478 | $699,125 |
| CA | $898,223 | $778,209 | $601,235 | $408,645 |
| OH | $578,769 | $431,328 | $407,632 | $500,260 |
| MA | $265,201 | $154,407 | $127,300 | — |
| IL | $222,389 | $246,217 | $117,963 | — |
| WI | $215,431 | $157,786 | $292,601 | $670,245 |
| FL | $143,947 | $149,985 | $186,840 | $231,480 |
| Macao SAR China | — | — | — | $174,980 |