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Neuraxis, INC (NRXS) Fundamental Analysis & AI Grade 2026

NRXS NYSE Electromedical & Electrotherapeutic Apparatus DE CIK: 0001933567
Updated This Month • Analysis: May 13, 2026 • SEC Data: 2026-03-31
Combined AI Grade
C
75% Confidence
AGREEMENT
C
72% Conf
D
78% Conf

📊 NRXS Key Takeaways

Revenue: $1.6M
Net Margin: -109.5%
Free Cash Flow: $-1.3M
Current Ratio: 2.89x
Debt/Equity: 0.03x
EPS: $-0.18
AI Grade: C with 72% confidence
Neuraxis, INC (NRXS) receives a C fundamental grade with 75% confidence from our AI analysis based on SEC 10-K filings. With revenue of $1.6M, net profit margin of -109.5%, and return on equity (ROE) of -30.6%, Neuraxis, INC demonstrates mixed fundamentals in the Healthcare sector. Below is our complete NRXS stock analysis for 2026.

Is Neuraxis, INC (NRXS) a Good Investment?

Claude

Neuraxis is a pre-revenue/early-stage company burning significant cash with zero topline growth despite high gross margins, indicating fundamental business model execution challenges. While the balance sheet is fortress-like with low debt and excellent liquidity providing ~5-6 year runway, the company must demonstrate meaningful revenue acceleration and operating leverage to justify continued equity investment.

ChatGPT

Neuraxis shows elite gross margins but no revenue growth, while operating and net losses remain extreme, driving substantial cash burn. Liquidity is adequate short term and leverage is low, yet free cash flow of -$6.46M against $4.97M cash suggests a short runway and likely financing/dilution. Until revenue accelerates and operating efficiency improves materially, fundamentals remain unattractive.

Neuraxis, INC Key Strengths (NRXS)

Claude
  • + Exceptional balance sheet with only 0.03x debt-to-equity and $7.1M cash representing 81.6% of assets
  • + Outstanding liquidity with 2.89x current ratio and 2.81x quick ratio
  • + Healthy 86.4% gross margin indicates underlying product economics are viable if scaled
ChatGPT
  • + High 84% gross margin indicating strong unit economics
  • + Low leverage (0.05x D/E) reducing insolvency risk
  • + Near-term liquidity support (current ratio ~2x, ~$5M cash)

NRXS Stock Risks: Neuraxis, INC Investment Risks

Claude
  • ! Stagnant revenue of $1.6M with 0% YoY growth indicates market traction or adoption failures
  • ! Operating expenses consuming 208% of gross profit, resulting in -108.3% operating margin
  • ! Negative operating cash flow of -$1.2M annually with no path to profitability evident
  • ! Company burning ~$1.3M in free cash flow annually despite strong cash balance
ChatGPT
  • ! Severely negative operating and net margins with large losses
  • ! Flat revenue (0% YoY) undermines growth quality
  • ! High cash burn and limited runway, likely capital raise/dilution

Key Metrics to Watch

Claude
  • * Revenue growth acceleration (critical - must exit 0% growth phase)
  • * Operating cash flow trend (must turn positive)
  • * Operating expense ratio relative to gross profit (must decrease from 208%)
ChatGPT
  • * Quarterly revenue growth
  • * Operating cash burn and runway

Neuraxis, INC (NRXS) Financial Metrics & Key Ratios

Revenue
$1.6M
Net Income
$-1.8M
EPS (Diluted)
$-0.18
Free Cash Flow
$-1.3M
Total Assets
$8.7M
Cash Position
$7.1M

💡 AI Analyst Insight

Strong liquidity with a 2.89x current ratio provides a solid financial cushion.

NRXS Profit Margin, ROE & Profitability Analysis

Gross Margin 86.4%
Operating Margin -108.3%
Net Margin -109.5%
ROE -30.6%
ROA -20.1%
FCF Margin -78.4%

NRXS vs Healthcare Sector: How Neuraxis, INC Compares

How Neuraxis, INC compares to Healthcare sector averages

Net Margin
NRXS -109.5%
vs
Sector Avg 12.0%
NRXS Sector
ROE
NRXS -30.6%
vs
Sector Avg 15.0%
NRXS Sector
Current Ratio
NRXS 2.9x
vs
Sector Avg 2.0x
NRXS Sector
Debt/Equity
NRXS 0.0x
vs
Sector Avg 0.6x
NRXS Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Neuraxis, INC Stock Overvalued? NRXS Valuation Analysis 2026

Based on fundamental analysis, Neuraxis, INC has mixed fundamental signals relative to the Healthcare sector in 2026.

Return on Equity
-30.6%
Sector avg: 15%
Net Profit Margin
-109.5%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.03x
Sector avg: 0.6x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Neuraxis, INC Balance Sheet: NRXS Debt, Cash & Liquidity

Current Ratio
2.89x
Quick Ratio
2.81x
Debt/Equity
0.03x
Debt/Assets
34.3%
Interest Coverage
-66.47x
Long-term Debt
$166.1K

NRXS Revenue & Earnings Growth: 5-Year Financial Trend

NRXS 5-year financial data: Year 2023: Revenue $2.7M, Net Income -$4.8M, EPS $-2.77. Year 2024: Revenue $2.7M, Net Income -$14.6M, EPS $-4.50. Year 2025: Revenue $3.6M, Net Income -$8.2M, EPS $-1.22.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Neuraxis, INC's revenue has grown significantly by 33% over the 5-year period, indicating strong business expansion. The most recent EPS of $-1.22 indicates the company is currently unprofitable.

NRXS Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-78.4%
Free cash flow / Revenue

NRXS Quarterly Earnings & Performance

Quarterly financial performance data for Neuraxis, INC including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q1 2026 $895.7K -$1.8M $-0.18
Q3 2025 $666.6K -$1.7M $-0.24
Q2 2025 $611.5K -$1.7M $-0.22
Q1 2025 $646.6K -$2.1M $-0.32
Q3 2024 $477.5K -$1.8M $-0.25
Q2 2024 $611.5K -$2.1M $-0.42
Q1 2024 $646.6K -$2.1M $-0.32
Q3 2023 $477.5K -$1.2M $-1.14

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Neuraxis, INC Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$1.2M
Cash generated from operations
Stock Buybacks
$79.0K
Shares repurchased (TTM)
Capital Expenditures
$31.2K
Investment in assets
Dividends
None
No dividend program

NRXS SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Neuraxis, INC (CIK: 0001933567)

📋 Recent SEC Filings

Date Form Document Action
May 12, 2026 10-Q form10-q.htm View →
Apr 30, 2026 4 xslF345X06/ownership.xml View →
Apr 28, 2026 DEF 14A ny20066493x1_def14a.htm View →
Apr 22, 2026 8-K form8-k.htm View →
Apr 21, 2026 8-K form8-k.htm View →

Frequently Asked Questions about NRXS

What is the AI rating for NRXS?

Neuraxis, INC (NRXS) has a Combined AI Grade of C from Claude (C) and ChatGPT (D) with 75% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are NRXS's key strengths?

Claude: Exceptional balance sheet with only 0.03x debt-to-equity and $7.1M cash representing 81.6% of assets. Outstanding liquidity with 2.89x current ratio and 2.81x quick ratio. ChatGPT: High 84% gross margin indicating strong unit economics. Low leverage (0.05x D/E) reducing insolvency risk.

What are the risks of investing in NRXS?

Claude: Stagnant revenue of $1.6M with 0% YoY growth indicates market traction or adoption failures. Operating expenses consuming 208% of gross profit, resulting in -108.3% operating margin. ChatGPT: Severely negative operating and net margins with large losses. Flat revenue (0% YoY) undermines growth quality.

What is NRXS's revenue and growth?

Neuraxis, INC reported revenue of $1.6M.

Does NRXS pay dividends?

Neuraxis, INC does not currently pay dividends.

Where can I find NRXS SEC filings?

Official SEC filings for Neuraxis, INC (CIK: 0001933567) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is NRXS's EPS?

Neuraxis, INC has a diluted EPS of $-0.18.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.

What is NRXS's fundamental grade?

Based on our AI fundamental analysis in June 2026, Neuraxis, INC has a C grade with 75% confidence. Review the strengths and risks sections above for full context. This is not investment advice.

Is NRXS stock overvalued or undervalued?

Valuation metrics for NRXS: ROE of -30.6% (sector avg: 15%), net margin of -109.5% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

What is NRXS's AI grade for 2026?

Our dual AI analysis gives Neuraxis, INC a combined C grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is NRXS's free cash flow?

Neuraxis, INC's operating cash flow is $-1.2M, with capital expenditures of $31.2K. FCF margin is -78.4%.

How does NRXS compare to other Healthcare stocks?

Vs Healthcare sector averages: Net margin -109.5% (avg: 12%), ROE -30.6% (avg: 15%), current ratio 2.89 (avg: 2).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 13, 2026 | Data as of: 2026-03-31 | Powered by Claude AI