NeurAxis, Inc.

NeurAxis, Inc.

NRXS
NeurAxis, Inc.US flagNew York Stock Exchange American
7.07
USD
+0.06
- -
87.56MMarket Cap
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.36
0.44
0.44
0.38
0.39
- -
0.44
Basic EPS, GAAP
-0.8
-0.62
-0.9
-2.25
-1.22
- -
-0.83
Free Cash Flow per Basic Share
-0.77
-0.36
-0.38
-1.04
-0.89
- -
-0.62
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-4.85
-4.75
-5.53
-7.46
-8.21
- -
-6.78
Tangible Book Value per Share
0.3
-0.14
-0.92
-0.23
0.28
- -
0.56
Basic Weighted Avg Shares
5
6
6
7
7
- -
10
Sales/Revenue/Turnover
2
3
3
2
3
4
4
Operating Margin (%)
-213.48
-109.14
-125.61
-270.91
-266.46
-219.37
-169.93
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
-4
-3
-5
-15
-8
-8
-7
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
-193.04
-111.27
-178.05
-594.57
-306.84
-218.55
-170.11
Working Capital
1
-1
-7
-2
2
3
5
LT Debt
- -
- -
- -
- -
- -
- -
- -
Total Equity
2
-1
-6
-1
2
3
6
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
10
11
11
Market Capitalization
27
39
72

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
5
6
8
Cash, Cash Equivalents & STI
4
5
7
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
3
3
3
Payables & Accruals
1
- -
1
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
33.41%
64.4%
Free Cash Flow
- -
28.73%
7.15%
Net Income, GAAP
- -
39.22%
-5.35%
Sales/Revenue/Turnover
- -
14.67%
32.89%
Total Cash Common Dividend
- -
- -
285.58%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1
1
1
1
3
2025
1
1
1
1
4
2026
2
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.32
-0.42
-0.26
- -
-1.22
2025
-0.33
-0.22
-0.24
- -
- -
2026
-0.18
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Brian Carrico
Full Time Employees
21
Sector
Healthcare
Industry
Biotechnology
Address
11550 North Meridian Street Carmel IN United States of America 46032
IPO Date
Aug 9, 2023
Business
NeurAxis, Inc. is a medical technology company specializing in the development and commercialization of neuromodulation therapies to treat chronic and debilitating conditions primarily in pediatric and adolescent populations. The company’s core product is IB-Stim, a percutaneous electrical nerve field stimulation (PENFS) device designed as a non-surgical, drug-free solution for functional abdominal pain associated with irritable bowel syndrome (IBS) and functional dyspepsia in patients aged 8 to 21. NeurAxis’s proprietary PENFS technology delivers low-frequency electrical stimulation through cranial nerve branches in the ear to modulate pain-processing centers in the brain. The company targets healthcare providers including hospitals and clinics across the United States. Founded in 2011 and headquartered in Carmel, Indiana, NeurAxis underwent a name change from Innovative Health Solutions, Inc. to its current name in March 2022. Recent major developments include securing a $5 million equity financing round in 2025 to support growth initiatives and commercial expansion. NeurAxis achieved inclusion of its PENFS technology in clinical practice guidelines from leading academic societies, which has positioned IB-Stim as the only FDA-cleared neuromodulation device recommended for pediatric functional abdominal pain. The company also expanded its FDA clearance to include treatment for pediatric functional dyspepsia, broadening its addressable market. Additionally, NeurAxis is advancing national insurance coverage with the forthcoming Category I CPT code utilization beginning January 1, 2026, expected to enhance reimbursement and drive sales growth. These strategic achievements have contributed to strong revenue growth and improved operational efficiency in recent quarters. NeurAxis operates within the healthcare and biotechnology industry, focusing on specialized medical devices. Its mission centers on improving lives by providing safe, effective, evidence-based therapies for children and adolescents suffering from gut-brain interaction disorders. The company’s geographic operations are primarily in the United States, with a focus on advancing adoption of IB-Stim within pediatric gastroenterology treatment settings. As of 2025, NeurAxis maintains a focused product portfolio with an ongoing emphasis on research and innovation in neuromodulation technology to address unmet pediatric healthcare needs. The company is publicly traded on the NYSE American exchange under the ticker NRXS.

Company News

APIChat
  • NeurAxis, Inc. (NRXS) Q1 2026 Earnings Call Transcript

  • NeurAxis Reports Record First Quarter 2026 Financial Results Driven by 80% Year Over Year Revenue Growth

  • NeurAxis to Host First Quarter 2026 Results and Business Update Call on Tuesday, May 12, 2026

  • NeurAxis Expands Payer Coverage with Four New Medical Policies

  • NeurAxis, Inc. Announces Preferred Stock Dividend

  • NeurAxis Stock Gains Post Q4 Earnings on Strong Revenue Growth

  • NeurAxis, Inc. (NRXS) Q4 2025 Earnings Call Transcript

  • NeurAxis Reports Strong Fourth Quarter and Full Year 2025 Financial Results

  • NeurAxis (NASDAQ:NRXS) Trading Down 5.7% – Here’s What Happened

  • The Zacks Analyst Blog Meta, Bank of America, The Procter & Gamble, Espey and NeurAxis

  • NeurAxis (NASDAQ:NRXS) Stock Price Up 9.6% – Here’s Why

  • NRXS Stock Declines Post Q3 Earnings Despite Continued Revenue Growth

  • NeurAxis, Inc. (NRXS) Q3 2025 Earnings Call Transcript

  • NeurAxis Reports Strong Third Quarter 2025 Financial Results Driven by a 22% Growth in Revenues

  • NeurAxis Stock Down Following Q2 Earnings Despite Revenue Growth

  • NeurAxis, Inc. (NRXS) Q2 2025 Earnings Call Transcript

  • NeurAxis Announces New Medical Policy Coverage with Two Health Insurers, Adding 700,000 Covered Lives

  • NeurAxis Announces Closing of $5.0 Million Registered Direct Offering

  • NeurAxis Announces $5.0 Million Registered Direct Offering

  • NeurAxis Stock Gains Following Strong Q1 Earnings and FDA Milestones