Financial Snapshot

Revenue
$2.456M
TTM
Gross Margin
87.05%
TTM
Net Earnings
-$12.11M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
23.72%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
-$1.794M
Q3 2024
Cash
Q3 2024
P/E
-1.770
Nov 29, 2024 EST
Free Cash Flow
-$7.014M
TTM

Revenues

Revenues

Loading...

Revenue YoY Change

Loading...

Revenues

Concept 2023 2022 2021 2020
Revenue $2.460M $0.00 $2.721M $0.00
YoY Change -100.0%

Expenses

Cost Of Revenues

Loading...

Gross Profit

Loading...

Gross Profit Margin

Loading...

Gross Profit

Concept 2023 2022 2021 2020
Revenue $2.460M $0.00 $2.721M $0.00
Cost Of Revenue $303.4K $297.1K $467.7K $481.1K
Gross Profit $2.157M $2.388M $2.254M $1.449M
Gross Profit Margin 87.67% 82.81%

Selling, General & Admin Expense

Loading...

Research & Development

Loading...

Depreciation, Depletion & Amortization

Loading...

SGA Expense to Gross Profit Ratio

Loading...

R&D To Gross Profit Ratio

Loading...

DDA To Gross Profit Ratio

Loading...

Operating Expenses Total

Loading...

Operating Profits/Loss

Loading...

Operational Expenses

Concept 2023 2022 2021 2020
Selling, General & Admin $8.652M $5.534M $5.020M $5.403M
YoY Change 56.33% 10.24% -7.09%
% of Gross Profit 401.16% 231.79% 222.76% 372.85%
Research & Development $169.3K $225.6K $203.4K $166.8K
YoY Change -24.95% 10.91% 21.95%
% of Gross Profit 7.85% 9.45% 9.03% 11.51%
Depreciation & Amortization $40.73K $37.13K $36.71K $35.79K
YoY Change 9.68% 1.14% 2.57%
% of Gross Profit 1.89% 1.56% 1.63% 2.47%
Operating Expenses $8.821M $5.760M $5.224M $5.570M
YoY Change 53.15% 10.27% -6.22%
Operating Profit -$6.664M -$3.372M -$2.970M -$4.121M
YoY Change 97.63% 13.54% -27.92%

Interest Expenses

Loading...

Interest Expenses To Operating Income %

Loading...

Other Expense/Income

Loading...

Interest & Other Expense/Income

Concept 2023 2022 2021 2020
Interest Expense -$280.6K -$1.927M -$66.27K -$73.76K
YoY Change -85.44% 2807.65% -10.15%
% of Operating Profit
Other Income/Expense, Net -$7.682M $519.1K $8.270K $248.4K
YoY Change -1579.87% 6176.54% -96.67%

Income/Loss

Pretax Income

Loading...

Income Tax

Loading...

Net Profits/Loss

Loading...

Pretax Income YoY Change

Loading...

Income Tax Rate

Loading...

Net Profits/Loss YoY Change

Loading...

Basic EPS

Loading...

Net Income To Revenue Ratio

Loading...

Pretax & Net Income

Concept 2023 2022 2021 2020
Pretax Income -$14.63M -$4.780M -$3.028M -$3.726M
YoY Change 205.99% 57.86% -18.74%
Income Tax
% Of Pretax Income
Net Earnings -$14.63M -$5.545M -$3.777M -$4.315M
YoY Change 163.78% 46.81% -12.48%
Net Earnings / Revenue -594.57% -138.79%
Basic Earnings Per Share -$4.50 -$2.77
Diluted Earnings Per Share -$2.77 -$0.91 -$0.62 -$0.71

Assets & Liabilities

Cash & Short-Term Investments

Loading...

Cash & Equivalents

Loading...

Cash To Operating Expenses Ratio

Loading...

Inventory

Loading...

Receivables

Loading...

Total Short-Term Assets

Loading...

Property, Plant And Equipment

Loading...

Long-Term Investments

Loading...

Total Long-Term Assets

Loading...

Total Assets

Loading...

Net Income To Total Assets Percentage

Loading...

Accounts Payable

Loading...

Short-Term Debt

Loading...

Long Term Debt Due

Loading...

Total Short-Term Liabilities

Loading...

Long-Term Debt

Loading...

Other Long-Term Liabilities

Loading...

Total Long-Term Liabilities

Loading...

Total Liabilities

Loading...

Short-Term To Long-Term Debt Ratio

Loading...

Short-Term Assets To Debt Ratio

Loading...

Long-Term Debt To Net Income Ratio

Loading...

Assets & Liabilities

Concept 2023 2022 2021 2020
Cash & Short-Term Investments $78.56K $253.7K $320.9K $1.895M
YoY Change -69.03% -20.93% -83.07%
Cash & Equivalents $78.56K $253.7K $320.9K $1.895M
Short-Term Investments
Other Short-Term Assets $69.66K $730.00 $15.67K $148.3K
YoY Change 9442.47% -95.34% -89.43%
Inventory $21.22K $48.13K $39.18K $106.9K
Prepaid Expenses
Receivables $73.17K $174.4K $115.3K $311.3K
Other Receivables $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $242.6K $477.0K $491.0K $2.462M
YoY Change -49.13% -2.86% -80.06%
Property, Plant & Equipment $158.8K $189.4K $245.5K $301.7K
YoY Change -16.14% -22.86% -18.62%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $0.00 $736.7K
YoY Change -100.0%
Total Long-Term Assets $266.9K $1.004M $269.5K $327.6K
YoY Change -73.41% 272.46% -17.74%
Total Assets $509.5K $1.481M $760.5K $2.790M
YoY Change
Accounts Payable $1.204M $1.592M $483.8K $164.6K
YoY Change -24.36% 229.09% 193.99%
Accrued Expenses $450.2K $867.5K $589.2K $690.3K
YoY Change -48.1% 47.22% -14.65%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $58.05K $151.0K
YoY Change -100.0% -61.56%
Long-Term Debt Due $148.1K $202.8K $192.4K $0.00
YoY Change -27.0% 5.44%
Total Short-Term Liabilities $1.886M $6.978M $1.425M $1.009M
YoY Change -72.98% 389.74% 41.27%
Long-Term Debt $0.00 $0.00 $51.69K $0.00
YoY Change -100.0%
Other Long-Term Liabilities $27.07K $76.20K $109.6K $137.2K
YoY Change -64.48% -30.47% -20.11%
Total Long-Term Liabilities $27.07K $0.00 $161.3K $137.2K
YoY Change -100.0% 17.57%
Total Liabilities $1.913M $7.054M $1.586M $1.146M
YoY Change -72.89% 344.74% 38.43%

Ownership

Basic Shares Outstanding

Loading...

Diluted Shares Outstanding

Loading...

Preferred Stock

Loading...

Treasury Stock Shares

Loading...

Stock Issuance & Repurchase

Loading...

Ownership Data

Concept 2023 2022 2021 2020
Basic Shares Outstanding 3.252M shares 2.003M shares
Diluted Shares Outstanding 3.252M shares 2.003M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Loading...

Book Value

Loading...

Free Cash Flow

Loading...

Free Cash Flow YoY

Loading...

Free Cash Flow Margin

Loading...

Dividends

Dividends

Loading...

Stock Price

Loading...
Market Cap: $21.429 Million

About Neuraxis, INC

NeurAxis, Inc. develops neuromodulation therapies to address chronic and debilitating conditions in children. The company is headquartered in Carmel, Indiana and currently employs 19 full-time employees. The company went IPO on 2023-08-09. The company is engaged in advancing science with its IB-Stim therapy, based on its Percutaneous Electrical Nerve Field Stimulation (PENFS) technology, which was developed internally by the Company. The firm's first product, IB-Stim, is a PENFS system intended to be used in patients 11-18 years of age with functional abdominal pain associated with IBS. The IB-Stim is intended to be used for 120 hours per week for three consecutive weeks, and not to exceed four weeks, through application to branches of Cranial Nerves V, VII, IX and X, and the occipital nerves identified by transillumination, as an aid in the reduction of pain when combined with other therapies for IBS. Other indications in its pipeline are comprised of functional nausea in children, post-concussion syndrome in children, and cyclic vomiting syndrome in children.

Industry: Electromedical & Electrotherapeutic Apparatus Peers: ABBOTT LABORATORIES VIVOS INC Modular Medical, Inc. RemSleep Holdings Inc. BIOMERICA INC Microbot Medical Inc. STRATA Skin Sciences, Inc. Owlet, Inc. PetVivo Holdings, Inc. Talis Biomedical Corp