Microcap Ledger

Tickers · $NRXS

Neuraxis, INC $NRXS

By Microcap Ledger desk · CIK 0001933567

Facts as of . Built from SEC filings and our own data. Small caps move fast; check the latest filings.

Snapshot

Exchange
NYSE American
Sector
Electromedical & Electrotherapeutic Apparatus
Headquarters
Carmel, IN
Fiscal year end
December 31
Shares outstanding
12,557,765 [10-Q 2026-08-11]
as of 2026-08-06

Sources: [10-K 2026-03-19]

What the company doesAI summary of filing

Neuraxis, Inc. is a medical technology company that develops neuromodulation devices for chronic gastrointestinal and pain conditions. The company's primary product, IB-Stim, is a percutaneous electrical nerve field stimulation (PENFS) device cleared by the FDA for patients 8 years and older with functional abdominal pain associated with irritable bowel syndrome and functional dyspepsia. The company also markets RED, a rectal expulsion device for evaluating constipation. Neuraxis generates revenue from device sales at $1,195 per device, with patients typically requiring four devices per course of treatment, and sells primarily to children's hospitals, gastroenterology practices, and the Veterans Affairs system. The company is revenue-generating with multiple FDA-cleared products and is conducting additional clinical trials for pipeline indications including post-concussion syndrome, cyclic vomiting syndrome, post-operative pain, and fibromyalgia. [10-K 2026-03-19]

Segments: IB-Stim (PENFS device for functional abdominal pain, functional dyspepsia), RED (Rectal Expulsion Device for constipation evaluation), NSS-2 Bridge (opioid withdrawal, licensed to Masimo until 2025), Pipeline indications (post-concussion syndrome, cyclic vomiting syndrome, post-operative pain, fibromyalgia)

Financial health

From XBRL company facts (USD)
PeriodRevenueNet incomeOperating cash flowCashFiling
6 months to Jun 2026$3.54M−$3.85M −$2.26M$8.32M[10-Q 2026-08-11]
FY ended Dec 2025$3.57M−$7.80M −$6.43M$4.97M[10-K 2026-03-19]
FY ended Dec 2024$2.69M−$8.24M −$6.10M$3.70M[10-K 2026-03-19]
Quarterly cash burn
−$1.13M
Cash runway Estimate
~22.1 months

Estimate: cash at the end of the period (6 months to Jun 2026) divided by the average monthly operating cash outflow over that period. Ignores any cash raised or spent since, and any financing.

Capital structure and dilution

Summary only. How these instruments work: Dilution & financing desk.

Share count
DateShares outstandingFiling
2024-09-306,980,227[10-Q 2024-11-12]
2025-03-137,215,864[10-K 2025-03-20]
2025-03-317,215,864[10-Q 2025-05-12]
2025-06-309,858,716[10-Q 2025-08-12]
2025-11-0710,652,812[10-Q 2025-11-10]
2026-03-1211,187,639[10-K 2026-03-19]
2026-05-0812,384,405[10-Q 2026-05-12]
2026-08-0612,557,765[10-Q 2026-08-11]
Shelf registration
S-3 filed 2026-07-23; declared effective 2026-08-03 [S-3 2026-07-23]

Listing status

Current status: No Form 8-K Item 3.01 (listing notice) filings in the last 24 months, as of 2026-10-11.

More on deficiency notices and uplistings: Listing status desk.

Who owns it

Recent Form 4 transactions
DateInsiderTypeSharesPriceFiling
2026-10-08Carrico Brian Allenbuy268$4.84[4 2026-10-08]
2026-10-08Carrico Thomas Joesephbuy328$4.84[4 2026-10-08]
2026-10-08Henrichs Timothy Robertbuy1,937$4.84[4 2026-10-08]
2026-08-24Carrico Thomas Joesephgrant193,678—[4 2026-08-26]
2026-08-24Miranda Adriangrant199,106—[4 2026-08-26]
2026-08-24Carrico Brian Allengrant199,188—[4 2026-08-26]
2026-08-13Watkins Bradley Mitchellgrant26,073$6.28[4 2026-08-17]

Catalysts and calendar

Recent filings and releases
DateTypeTitle
2026-08-198-KDirector or officer change; Other events
2026-08-1110-QQuarterly report
2026-08-06424B3Prospectus or prospectus supplement
2026-08-0313G/ABeneficial ownership report (5%+ holder)
2026-07-30S-3/ARegistration statement
2026-07-23S-3Registration statement
2026-07-108-KOther events
2026-06-128-KShareholder vote results
2026-05-1210-QQuarterly report
2026-05-0113G/ABeneficial ownership report (5%+ holder)
2026-04-28DEF 14AProxy statement
2026-04-228-KOther events

Facts as of . Small caps move fast; check the latest filings.