NRXS · AMEX · Biotechnology

NeurAxis (NRXS)

Prescription ear-worn stimulation for functional abdominal pain and a rectal-expulsion diagnostic device.

$6.00
Pre-market0.00 (0.00%)
At close$6.00(+3.27%)
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NeurAxis, Inc.NRXSHealth Care

Sells IB-Stim, an ear-worn prescription nerve-stimulation device for functional abdominal pain linked to IBS and functional dyspepsia, alongside RED, a clinical rectal-expulsion diagnostic device. Revenue comes from U.S. hospital and clinic product sales, with access shaped by trained providers, insurance coverage, reimbursement, and FDA-cleared use.

Sells IB-Stim, a prescription percutaneous electrical nerve field stimulation device worn on the ear, to U.S. hospitals and clinics for functional abdominal pain associated with irritable bowel syndrome and functional dyspepsia, including related nausea. Trained providers place the disposable device in outpatient clinics, and the company earns point-in-time product revenue through a direct sales force, online channels, and clinician-facing academic societies.

Also offers RED, a self-inflating diagnostic device for clinical assessment of rectal expulsion and rectal hypersensitivity, while studying the PENFS platform in additional conditions. Commercialization rests on provider training, payer coverage and procedure reimbursement, clinical evidence, FDA-cleared indications, and third-party manufacturing for its current products.

Company facts

CEOBrian Carrico
ListedAug 9, 2023
ExchangeAMEX
HeadquartersCarmel, IN
CountryUnited States
Employees24
CIK0001933567
ISINUS64134X2018

Market cap$74.2M
EPS (ttm)−$0.7700
P/E (ttm)−7.73
ROE-173.3%
P/B10.71
P/S13.97
Dividend yieldDiv yield
Beta1.52vs XLV −0.02

No analyst consensus on record.

Next report
Nov 17, 2026
in 75 days
EPS estimate
−$0.16
Revenue estimate
$2.3M
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Mar '25May '25Aug '25Nov '25Mar '26May '26Aug '26Nov '26
Reported−$0.21−$0.31−$0.22−$0.24−$0.17−$0.18−$0.19Pending
Estimate$0.04−$0.24−$0.19−$0.20−$0.22−$0.19−$0.32−$0.16
Surprise−625.0%−29.2%−15.8%−20.0%+20.9%+5.3%+40.6%

RevenueReportedEstimate

Mar '25May '25Aug '25Nov '25Mar '26May '26Aug '26Nov '26
Reported$761.1K$895.7K$894.0K$811.4K$968.0K$1.6M$1.9MPending
Estimate$3.6M$725.0K$983.6K$1.0M$850.0K$1.5M$2.0M$2.3M
Surprise−79.0%+23.5%−9.1%−18.9%+13.9%+10.9%−3.6%
Estimate−$0.16
ReportedDue Nov 17, 2026
Estimate$2.3M
ReportedDue Nov 17, 2026
View details

Debt to equity4.10%
Current ratio304.00%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$666.6K$761.2K$895.7K$894.1K$811.4K$968.1K$1.6M$1.9M
Net income−$1.8M−$1.4M−$2.3M−$1.7M−$2.1M−$1.7M−$1.8M−$2.3M
Net margin0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income−$1.7M−$1.5M−$2.3M−$1.7M−$2.1M−$1.7M−$1.7M−$2.1M
YoY growth

Balance sheet, Jun 30, 2026Cash & short-term investments $8.3M · Total debt $279.4K · Total assets $10.0M · Shareholders' equity $6.7M

Revenue
$1.9M
Operating income
−$2.1M
Net income
−$2.3M
View details

No dividends on record.

Institutions26 holders · as of Mar 31, 202616.25%2.04M shares
Insiders8 holders · as of Aug 26, 202620.79%2.61M shares
Otherremainder62.96%7.91M shares

12.56M company shares as of Sep 3, 2026 · institutions as of Mar 31, 2026 · holders as of their latest filing

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesEvidence
Brian P. HannaschInsider
9.11%1.14M13Gfiled Jul 2, 2025
Bigger Capital Fund L PInstitution
6.02%755,57713Gfiled May 1, 2026
Gil AharonInsiderdirector
5.00%628,181Form 4filed Aug 17, 2026
Aigh Capital Management LLCInstitution
3.19%400,00013Fas of Mar 31, 2026
Rosalind Advisors, Inc.Institution
2.28%286,13813Fas of Mar 31, 2026
See all 25

13F — a manager's quarterly holdings · 13D/13G — an ownership statement filed at 5% or more · Form 4 — an insider's transaction report

Insider tradesForm 4

No open-market trades in the last 12 months.

View details

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ComparePre-market

CompanyPriceChange
NeurAxis$6.000.00%$74.2M14.0+115.7%
Bausch Health$6.82−0.07%$2.55B1.50.2+11.2%
Ironwood Pharmaceuticals$4.49+1.81%$725.9M5.73.81.9+32.6%
AbbVie$264.00+0.88%$462.37B73.717.27.2+10.2%
electroCore$9.60+6.08%$85.7M2.3+28.0%
Median39.73.82.1+19.6%