Neuraxis, Inc. (NRXS) - Form 8-K Summary
Business Context and Reporting Period
Neuraxis, Inc., a Delaware corporation trading on NYSE American, filed this Current Report on October 23, 2025. The filing provides preliminary, unaudited financial results for the three and nine months ended September 30, 2025. The Company is classified as an emerging growth company.
Key Financial Metrics
| Metric | Three Months Ended Sept 30, 2025 | Nine Months Ended Sept 30, 2025 |
|---|---|---|
| Net Sales | $0.8 million | $2.6 million |
| Gross Profit | $0.7 million | Filing text does not provide a clear value |
| Operating Loss | $2.1 million | Filing text does not provide a clear value |
| Cash and Cash Equivalents | $4.4 million (as of Sept 30, 2025) | Filing text does not provide a clear value |
Note: All figures are preliminary and unaudited.
Material Changes vs. Prior Period
- Revenue Growth: Net sales for the nine months ended September 30, 2025, are approximately $2.6 million, an increase from approximately $1.9 million for the same period in 2024.
- Profitability: The Company reported a preliminary operating loss of $2.1 million for the quarter ended September 30, 2025. No comparative operating loss data for the prior year quarter was provided in the text.
Outlook, Risks, and Management Commentary
Management emphasizes that these figures are preliminary estimates subject to significant judgment during the final quarter-end close process. The independent registered public accounting firm has not audited or reviewed these estimates. The Company expects to finalize financial statements subsequent to this filing. Management warns that material adjustments could occur, and undue reliance should not be placed on these preliminary numbers.
Investor Verification Checklist
- Verify the final audited net sales and operating loss figures once the official 10-Q is filed.
- Confirm the final cash and cash equivalents balance as of September 30, 2025.
- Review the detailed breakdown of operating expenses contributing to the $2.1 million quarterly loss.
- Monitor for any material adjustments to the preliminary estimates disclosed in this 8-K.