2024 Q3 Form 10-Q Financial Statement

#000149315224044538 Filed on November 12, 2024

View on sec.gov

Income Statement

Concept 2024 Q3
Revenue $666.6K
YoY Change 39.62%
Cost Of Revenue $97.05K
YoY Change 44.23%
Gross Profit $569.6K
YoY Change 38.86%
Gross Profit Margin 85.44%
Selling, General & Admin $2.148M
YoY Change -36.58%
% of Gross Profit 377.2%
Research & Development $72.42K
YoY Change 61.12%
% of Gross Profit 12.72%
Depreciation & Amortization $9.270K
YoY Change 21.83%
% of Gross Profit 1.63%
Operating Expenses $2.221M
YoY Change -35.3%
Operating Profit -$1.651M
YoY Change -45.36%
Interest Expense $64.68K
YoY Change -36.98%
% of Operating Profit
Other Income/Expense, Net $293.8K
YoY Change -115.61%
Pretax Income -$1.755M
YoY Change -64.18%
Income Tax
% Of Pretax Income
Net Earnings -$1.755M
YoY Change -64.21%
Net Earnings / Revenue -263.3%
Basic Earnings Per Share -$0.25
Diluted Earnings Per Share -$0.25
COMMON SHARES
Basic Shares Outstanding 6.842M shares
Diluted Shares Outstanding 7.172M shares

Balance Sheet

Concept 2024 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $260.9K
YoY Change -65.67%
Cash & Equivalents $260.9K
Short-Term Investments
Other Short-Term Assets $295.9K
YoY Change 639.78%
Inventory $22.46K
Prepaid Expenses
Receivables $52.59K
Other Receivables $0.00
Total Short-Term Assets $631.8K
YoY Change -34.65%
LONG-TERM ASSETS
Property, Plant & Equipment $94.21K
YoY Change 17.29%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $20.16K
YoY Change
Total Long-Term Assets $511.4K
YoY Change 90.08%
TOTAL ASSETS
Total Short-Term Assets $631.8K
Total Long-Term Assets $511.4K
Total Assets $1.143M
YoY Change -7.5%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $962.1K
YoY Change 69.79%
Accrued Expenses $1.170M
YoY Change 317.68%
Deferred Revenue
YoY Change
Short-Term Debt $147.7K
YoY Change -23.87%
Long-Term Debt Due $147.7K
YoY Change -22.27%
Total Short-Term Liabilities $2.664M
YoY Change 18.0%
LONG-TERM LIABILITIES
Long-Term Debt $0.00
YoY Change
Other Long-Term Liabilities $273.1K
YoY Change 582.7%
Total Long-Term Liabilities $273.1K
YoY Change 593.91%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.664M
Total Long-Term Liabilities $273.1K
Total Liabilities $2.937M
YoY Change 27.87%
SHAREHOLDERS EQUITY
Retained Earnings -$55.35M
YoY Change 28.0%
Common Stock $6.980K
YoY Change 35.56%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$1.794M
YoY Change
Total Liabilities & Shareholders Equity $1.143M
YoY Change -7.5%

Cashflow Statement

Concept 2024 Q3
OPERATING ACTIVITIES
Net Income -$1.755M
YoY Change -64.21%
Depreciation, Depletion And Amortization $9.270K
YoY Change 21.83%
Cash From Operating Activities -$1.393M
YoY Change -50.43%
INVESTING ACTIVITIES
Capital Expenditures $4.370K
YoY Change -91.26%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$4.370K
YoY Change -91.26%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -107.2K
YoY Change -103.0%
NET CHANGE
Cash From Operating Activities -1.393M
Cash From Investing Activities -4.370K
Cash From Financing Activities -107.2K
Net Change In Cash -1.504M
YoY Change -311.89%
FREE CASH FLOW
Cash From Operating Activities -$1.393M
Capital Expenditures $4.370K
Free Cash Flow -$1.397M
YoY Change -51.15%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2024Q3 NRXS Financing Charges
FinancingCharges
usd
dei Document Type
DocumentType
10-Q
dei Document Period End Date
DocumentPeriodEndDate
2024-09-30
CY2023Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
67287 usd
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
256949 usd
CY2024Q3 us-gaap Gross Profit
GrossProfit
569575 usd
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Entity Central Index Key
EntityCentralIndexKey
0001933567
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
001-41775
dei Entity Registrant Name
EntityRegistrantName
NEURAXIS, INC.
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
45-5079684
dei Entity Address Address Line2
EntityAddressAddressLine2
Suite 330
dei Entity Address City Or Town
EntityAddressCityOrTown
Carmel
dei Entity Address State Or Province
EntityAddressStateOrProvince
IN
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
46032
dei City Area Code
CityAreaCode
(812)
dei Local Phone Number
LocalPhoneNumber
689-0791
dei Security Exchange Name
SecurityExchangeName
NYSEAMER
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
dei Entity Small Business
EntitySmallBusiness
true
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
true
CY2024Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
260885 usd
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
78560 usd
CY2024Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
52594 usd
CY2023Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
73167 usd
CY2024Q3 us-gaap Inventory Net
InventoryNet
22458 usd
CY2023Q4 us-gaap Inventory Net
InventoryNet
21220 usd
CY2024Q3 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
295905 usd
CY2024Q3 us-gaap Assets Current
AssetsCurrent
631842 usd
CY2023Q4 us-gaap Assets Current
AssetsCurrent
242610 usd
CY2024Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
464402 usd
CY2023Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
436626 usd
CY2024Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
370189 usd
CY2024Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
94213 usd
CY2024Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
297842 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
99209 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
108073 usd
CY2023Q4 us-gaap Security Deposit
SecurityDeposit
usd
CY2023Q4 NRXS Share Liabilities Current
ShareLiabilitiesCurrent
usd
CY2024Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2023Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2023Q3 NRXS Financing Charges
FinancingCharges
usd
CY2024Q3 us-gaap Interest And Other Income
InterestAndOtherIncome
usd
us-gaap Interest And Other Income
InterestAndOtherIncome
usd
CY2024Q3 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
usd
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
usd
CY2024Q3 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
usd
CY2023Q3 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
usd
us-gaap Inventory Write Down
InventoryWriteDown
usd
us-gaap Paid In Kind Interest
PaidInKindInterest
usd
us-gaap Share Based Compensation
ShareBasedCompensation
usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
usd
NRXS Issuance Of Warrants For Noncash Consideration
IssuanceOfWarrantsForNoncashConsideration
usd
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
usd
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
usd
NRXS Offering Costs In Advance Of Sale Of Common Stock
OfferingCostsInAdvanceOfSaleOfCommonStock
usd
us-gaap Proceeds From Issuance Of Warrants
ProceedsFromIssuanceOfWarrants
usd
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
usd
NRXS Recognition Of Right Of Use Asset
RecognitionOfRightOfUseAsset
usd
NRXS Conversion Of Convertible Promissory Notes To Series B Preferred Stock
ConversionOfConvertiblePromissoryNotesToSeriesBPreferredStock
usd
NRXS Fair Value Of Warrant Liabilities Of Warrants From Convertible Notes
FairValueOfWarrantLiabilitiesOfWarrantsFromConvertibleNotes
usd
NRXS Fair Value Of Derivative Liabilities Of Conversion Feature From Convertible Notes
FairValueOfDerivativeLiabilitiesOfConversionFeatureFromConvertibleNotes
usd
NRXS Fair Value Of Warrants From Debt Discount In Convertible Notes Classified As Additional Paid In Capital
FairValueOfWarrantsFromDebtDiscountInConvertibleNotesClassifiedAsAdditionalPaidInCapital
usd
NRXS Writeoff Of Debt Discount On Convertible Notes Classified As Additional Paid In Capital
WriteoffOfDebtDiscountOnConvertibleNotesClassifiedAsAdditionalPaidInCapital
usd
us-gaap Notes Issued1
NotesIssued1
usd
CY2023Q3 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
usd
us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
usd
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
usd
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
shares
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
shares
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
shares
CY2023 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
shares
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
usd
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
shares
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
shares
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
usd
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
usd
us-gaap Share Based Compensation
ShareBasedCompensation
usd
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2024
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
dei Entity Address Address Line1
EntityAddressAddressLine1
11611 N. Meridian Street
dei Security12b Title
Security12bTitle
Common Stock
dei Trading Symbol
TradingSymbol
NRXS
dei Entity Ex Transition Period
EntityExTransitionPeriod
true
dei Entity Shell Company
EntityShellCompany
false
CY2024Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
6980227 shares
CY2023Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
69663 usd
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
348074 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
88552 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
70263 usd
CY2024Q3 us-gaap Security Deposit
SecurityDeposit
20163 usd
CY2024Q3 us-gaap Assets
Assets
1143269 usd
CY2023Q4 us-gaap Assets
Assets
509498 usd
CY2024Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
962106 usd
CY2023Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
1204219 usd
CY2024Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
1169774 usd
CY2023Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
401088 usd
CY2024Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
56387 usd
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
49127 usd
CY2024Q3 us-gaap Notes Payable To Bank Current
NotesPayableToBankCurrent
147688 usd
CY2023Q4 us-gaap Notes Payable To Bank Current
NotesPayableToBankCurrent
148062 usd
CY2024Q3 us-gaap Deposits
Deposits
84512 usd
CY2023Q4 us-gaap Deposits
Deposits
74947 usd
CY2024Q3 NRXS Share Liabilities Current
ShareLiabilitiesCurrent
227000 usd
CY2024Q3 NRXS Warrant Liabilities
WarrantLiabilities
16659 usd
CY2023Q4 NRXS Warrant Liabilities
WarrantLiabilities
8225 usd
CY2024Q3 us-gaap Liabilities Current
LiabilitiesCurrent
2664126 usd
CY2023Q4 us-gaap Liabilities Current
LiabilitiesCurrent
1885668 usd
CY2024Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
273075 usd
CY2023Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
27071 usd
CY2024Q3 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
273075 usd
CY2023Q4 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
27071 usd
CY2024Q3 us-gaap Liabilities
Liabilities
2937201 usd
CY2023Q4 us-gaap Liabilities
Liabilities
1912739 usd
CY2024Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2023Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2024Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000 shares
CY2023Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000 shares
CY2024Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
6980227 shares
CY2024Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
6980227 shares
CY2023Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
6508897 shares
CY2023Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
6508897 shares
CY2024Q3 us-gaap Common Stock Value
CommonStockValue
6980 usd
CY2023Q4 us-gaap Common Stock Value
CommonStockValue
6509 usd
CY2024Q3 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
53548720 usd
CY2023Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
47148361 usd
CY2024Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-55351706 usd
CY2023Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-48558111 usd
CY2024Q3 us-gaap Stockholders Equity
StockholdersEquity
-1793932 usd
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
-1403241 usd
CY2024Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1143269 usd
CY2023Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
509498 usd
CY2024Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
666625 usd
CY2023Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
477460 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1924760 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1928590 usd
CY2024Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
97050 usd
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
231000 usd
CY2023Q3 us-gaap Gross Profit
GrossProfit
410173 usd
us-gaap Gross Profit
GrossProfit
1667811 usd
us-gaap Gross Profit
GrossProfit
1697590 usd
CY2024Q3 us-gaap Selling Expense
SellingExpense
95430 usd
CY2023Q3 us-gaap Selling Expense
SellingExpense
64210 usd
us-gaap Selling Expense
SellingExpense
226374 usd
us-gaap Selling Expense
SellingExpense
250933 usd
CY2024Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
72422 usd
CY2023Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
44950 usd
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
132304 usd
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
171536 usd
CY2024Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
2052996 usd
CY2023Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
3323352 usd
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
6999358 usd
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
6316411 usd
CY2024Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-1651273 usd
CY2023Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-3022339 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
-5690225 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
-5041290 usd
NRXS Financing Charges
FinancingCharges
230824 usd
NRXS Financing Charges
FinancingCharges
2772 usd
CY2024Q3 us-gaap Interest Expense
InterestExpense
64676 usd
CY2023Q3 us-gaap Interest Expense
InterestExpense
102628 usd
us-gaap Interest Expense
InterestExpense
171934 usd
us-gaap Interest Expense
InterestExpense
453869 usd
CY2023Q3 us-gaap Interest And Other Income
InterestAndOtherIncome
2103 usd
us-gaap Interest And Other Income
InterestAndOtherIncome
2103 usd
CY2024Q3 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
6726 usd
CY2023Q3 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
-592853 usd
us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
8434 usd
us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
-791610 usd
CY2023Q3 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
6394 usd
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
198551 usd
CY2024Q3 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
40888 usd
CY2023Q3 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
1331030 usd
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
126387 usd
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
4881622 usd
CY2023Q3 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-4779069 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-3649571 usd
CY2024Q3 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
17072 usd
CY2023Q3 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
9931 usd
us-gaap Other Nonoperating Income
OtherNonoperatingIncome
20032 usd
us-gaap Other Nonoperating Income
OtherNonoperatingIncome
11483 usd
CY2024Q3 us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
8743 usd
CY2023Q3 us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
1578 usd
us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
585824 usd
us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
9008 usd
CY2024Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-103961 usd
CY2023Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-5603024 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-1103371 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-7993095 usd
CY2024Q3 us-gaap Net Income Loss
NetIncomeLoss
-1755234 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
-8625363 usd
us-gaap Net Income Loss
NetIncomeLoss
-6793596 usd
us-gaap Net Income Loss
NetIncomeLoss
-13034385 usd
CY2024Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.25
CY2024Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.25
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-2.38
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-2.38
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.01
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.01
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-5.11
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-5.11
CY2024Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
7172229 shares
CY2024Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
7172229 shares
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
3625519 shares
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
3625519 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
6800810 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
6800810 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
2552007 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
2552007 shares
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
-5573613 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
-2173408 usd
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
-7747021 usd
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
-2235614 usd
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
-9982635 usd
CY2023Q3 NRXS Stock Issued During Period Value Common Stock Issued Upon Initial Public Offering
StockIssuedDuringPeriodValueCommonStockIssuedUponInitialPublicOffering
4860721 usd
CY2023Q3 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
-1076 usd
CY2023Q3 us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
8966259 usd
CY2023Q3 NRXS Stock Issued During Period Value Change In Fair Value Of Warrant Liability Upon Initial Public Offering
StockIssuedDuringPeriodValueChangeInFairValueOfWarrantLiabilityUponInitialPublicOffering
3721007 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
-8625363 usd
CY2023Q3 us-gaap Stockholders Equity
StockholdersEquity
-1061087 usd
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
-1403241 usd
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
-1403241 usd
CY2024Q1 NRXS Stock Issued During Period Value Warrants Exercised
StockIssuedDuringPeriodValueWarrantsExercised
26180 usd
CY2024Q1 us-gaap Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
15543 usd
CY2024Q1 NRXS Additional Paid In Capital From Warrants Issued As Debt Discount
AdditionalPaidInCapitalFromWarrantsIssuedAsDebtDiscount
97465 usd
CY2024Q1 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
200250 usd
CY2024Q1 us-gaap Net Income Loss
NetIncomeLoss
-2120651 usd
CY2024Q1 us-gaap Stockholders Equity
StockholdersEquity
-3184454 usd
CY2024Q2 us-gaap Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
44853 usd
CY2024Q2 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
798929 usd
CY2024Q2 us-gaap Net Income Loss
NetIncomeLoss
-2917710 usd
CY2024Q2 us-gaap Stockholders Equity
StockholdersEquity
-5258382 usd
CY2024Q2 us-gaap Stockholders Equity
StockholdersEquity
-5258382 usd
CY2024Q3 us-gaap Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
65426 usd
CY2024Q3 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
384832 usd
CY2024Q3 us-gaap Adjustments To Additional Paid In Capital Convertible Debt With Conversion Feature
AdjustmentsToAdditionalPaidInCapitalConvertibleDebtWithConversionFeature
-165577 usd
CY2024Q3 us-gaap Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
4935003 usd
CY2024Q3 us-gaap Net Income Loss
NetIncomeLoss
-1755234 usd
CY2024Q3 us-gaap Stockholders Equity
StockholdersEquity
-1793932 usd
CY2024Q3 us-gaap Stockholders Equity
StockholdersEquity
-1793932 usd
us-gaap Net Income Loss
NetIncomeLoss
-6793596 usd
us-gaap Net Income Loss
NetIncomeLoss
-13034385 usd
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
126387 usd
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
4881622 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
30980 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
30290 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
23156 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
6380 usd
us-gaap Inventory Write Down
InventoryWriteDown
2030 usd
NRXS Noncash Lease Expense
NoncashLeaseExpense
29098 usd
NRXS Noncash Lease Expense
NoncashLeaseExpense
23339 usd
us-gaap Paid In Kind Interest
PaidInKindInterest
260777 usd
us-gaap Share Based Compensation
ShareBasedCompensation
227000 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-3649571 usd
NRXS Issuance Of Common Stock For Noncash Consideration
IssuanceOfCommonStockForNoncashConsideration
1103124 usd
NRXS Issuance Of Common Stock For Noncash Consideration
IssuanceOfCommonStockForNoncashConsideration
2550000 usd
NRXS Issuance Of Warrants For Noncash Consideration
IssuanceOfWarrantsForNoncashConsideration
125824 usd
NRXS Finance Charges
FinanceCharges
230824 usd
NRXS Finance Charges
FinanceCharges
2772 usd
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
198551 usd
us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
8434 usd
us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
-791610 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
2583 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-35637 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
3268 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-13603 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-19767 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
37967 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-242112 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-1025467 usd
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
768686 usd
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-415181 usd
NRXS Increase Decrease In Customer Deposit
IncreaseDecreaseInCustomerDeposit
9565 usd
NRXS Increase Decrease In Customer Deposit
IncreaseDecreaseInCustomerDeposit
9798 usd
us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-3413 usd
us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-25047 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-4340097 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-4064419 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
27776 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
14741 usd
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
41000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-27776 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-55741 usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
5464642 usd
NRXS Offering Costs In Advance Of Sale Of Common Stock
OfferingCostsInAdvanceOfSaleOfCommonStock
2417185 usd
us-gaap Proceeds From Issuance Of Warrants
ProceedsFromIssuanceOfWarrants
26180 usd
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
216482 usd
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
3487578 usd
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
159831 usd
us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
4740500 usd
us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
4908000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
4550198 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
4627710 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
182325 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
507550 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
78560 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
253699 usd
CY2024Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
260885 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
761249 usd
us-gaap Interest Paid Net
InterestPaidNet
30756 usd
us-gaap Interest Paid Net
InterestPaidNet
192015 usd
NRXS Recognition Of Right Of Use Asset
RecognitionOfRightOfUseAsset
284339 usd
NRXS Conversion Of Convertible Promissory Notes To Series B Preferred Stock
ConversionOfConvertiblePromissoryNotesToSeriesBPreferredStock
4935000 usd
NRXS Fair Value Of Warrant Liabilities Of Warrants From Convertible Notes
FairValueOfWarrantLiabilitiesOfWarrantsFromConvertibleNotes
2446502 usd
NRXS Fair Value Of Derivative Liabilities Of Conversion Feature From Convertible Notes
FairValueOfDerivativeLiabilitiesOfConversionFeatureFromConvertibleNotes
2375378 usd
NRXS Fair Value Of Warrants From Debt Discount In Convertible Notes Classified As Additional Paid In Capital
FairValueOfWarrantsFromDebtDiscountInConvertibleNotesClassifiedAsAdditionalPaidInCapital
97465 usd
NRXS Writeoff Of Debt Discount On Convertible Notes Classified As Additional Paid In Capital
WriteoffOfDebtDiscountOnConvertibleNotesClassifiedAsAdditionalPaidInCapital
165777 usd
us-gaap Notes Issued1
NotesIssued1
216110 usd
CY2023Q1 us-gaap Stockholders Equity Reverse Stock Split
StockholdersEquityReverseStockSplit
1-for-2 reverse stock split
CY2023Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000 shares
CY2023Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2023Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
1120000 shares
CY2023Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
us-gaap Use Of Estimates
UseOfEstimates
<p id="xdx_84A_eus-gaap--UseOfEstimates_z7yHMGRoXub4" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="text-decoration: underline"><span id="xdx_86B_zTW4lsGOM9J4">Use of Estimates and Critical Accounting Estimates and Assumptions</span></span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America (“U.S. GAAP”) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the dates of the financial statements and the reported amounts of revenues and expenses during the reporting periods.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">These significant accounting estimates or assumptions bear the risk of change due to the fact that there are uncertainties attached to these estimates or assumptions, and certain estimates or assumptions are difficult to measure or value.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Management bases its estimates on historical experience and on various assumptions that are believed to be reasonable in relation to the financial statements taken as a whole under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Management regularly evaluates the key factors and assumptions used to develop the estimates utilizing currently available information, changes in facts and circumstances, historical experience, and reasonable assumptions. After such evaluations, if deemed appropriate, those estimates are adjusted accordingly. The Company uses estimates in accounting for, among other items, revenue recognition, allowance for credit losses, stock-based compensation, income tax provisions, excess and obsolete inventory reserve, and impairment of property and equipment, and intellectual property. Actual results could differ from those estimates.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
5295914 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
3107406 shares
CY2024Q3 us-gaap Net Income Loss
NetIncomeLoss
-1755234 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
-8625363 usd
us-gaap Net Income Loss
NetIncomeLoss
-6793596 usd
us-gaap Net Income Loss
NetIncomeLoss
-13034385 usd
CY2024Q3 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
44820 usd
us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
44820 usd
CY2024Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-1800054 usd
CY2023Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-8625363 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-6838416 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-13034385 usd
CY2024Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
7172229 shares
CY2024Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
7172229 shares
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
3625519 shares
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
3625519 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
6800810 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
6800810 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
2552007 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
2552007 shares
CY2024Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.25
CY2024Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.25
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-2.38
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-2.38
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.01
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.01
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-5.11
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-5.11
CY2024Q3 us-gaap Stockholders Equity
StockholdersEquity
-1793932 usd
CY2024Q3 us-gaap Short Term Borrowings
ShortTermBorrowings
147688 usd
CY2024Q3 us-gaap Cash
Cash
260885 usd
CY2024Q3 NRXS Working Capital Deficit
WorkingCapitalDeficit
2032284 usd
CY2024Q3 NRXS Allowance For Interest Receivable Current
AllowanceForInterestReceivableCurrent
1012800 usd
CY2023Q4 us-gaap Convertible Preferred Stock Shares Issued Upon Conversion
ConvertiblePreferredStockSharesIssuedUponConversion
1260504 shares
CY2023Q4 us-gaap Debt Instrument Convertible Conversion Price1
DebtInstrumentConvertibleConversionPrice1
0.001
CY2023Q4 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
3000000 usd
CY2023Q4 us-gaap Debt Instrument Periodic Payment Terms Balloon Payment To Be Paid
DebtInstrumentPeriodicPaymentTermsBalloonPaymentToBePaid
200000 usd
CY2024Q1 us-gaap Debt Instrument Annual Principal Payment
DebtInstrumentAnnualPrincipalPayment
3135000 usd
CY2024Q1 us-gaap Debt Instrument Annual Principal Payment
DebtInstrumentAnnualPrincipalPayment
3135000 usd
CY2024Q1 us-gaap Convertible Debt
ConvertibleDebt
3000000 usd
CY2024Q3 us-gaap Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
0.0740 pure
CY2024Q3 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
166149 usd
CY2024Q3 us-gaap Notes Payable
NotesPayable
147688 usd
CY2024Q3 us-gaap Accounts Payable Current And Noncurrent
AccountsPayableCurrentAndNoncurrent
18461 usd
us-gaap Debt Instrument Description
DebtInstrumentDescription
The Company’s private placement agent fees included (i) 10% of the Original 2024 Convertible Promissory Notes funded principal amount and (ii) warrants calculated as 6.0% of the funded principal amount divided by the $2.38 exercise price. The fair value of the warrants of $97,465 were deferred as a financing fee and classified as additional paid in capital.
CY2024Q3 us-gaap Accrued Liabilities Current And Noncurrent
AccruedLiabilitiesCurrentAndNoncurrent
66648 usd
CY2023Q4 us-gaap Accrued Liabilities Current And Noncurrent
AccruedLiabilitiesCurrentAndNoncurrent
66648 usd
CY2024Q3 us-gaap Interest Expense
InterestExpense
64676 usd
CY2023Q3 us-gaap Interest Expense
InterestExpense
102628 usd
us-gaap Interest Expense
InterestExpense
171934 usd
us-gaap Interest Expense
InterestExpense
453869 usd
us-gaap Lessee Operating Lease Description
LesseeOperatingLeaseDescription
The lease in Versailles started January 1, 2022 and has a term of one year, with automatic one year renewal, unless 60 day notice of vacating is given, commencing on the execution hereof and continuing through December 31st of each year. The current monthly lease payment for this lease is $1,800 with a 4% per annum increase. The new lease in Carmel started January 1, 2024. The initial term is five years and five months. The monthly lease payment started at $6,721 with an annual increase of 2.5%. As long as the Company is not in default, it is only obligated to pay an amount equal to 50% of the monthly base rent for months 1-10.
us-gaap Operating Lease Expense
OperatingLeaseExpense
74314 usd
us-gaap Operating Lease Expense
OperatingLeaseExpense
35678 usd
CY2024Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
297842 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
70263 usd
CY2024Q3 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
56387 usd
CY2023Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
49127 usd
CY2024Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
273075 usd
CY2023Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
27071 usd
CY2024Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
329462 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
76198 usd
CY2024Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P4Y4M6D
CY2023Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P3Y9M
CY2024Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.150 pure
CY2023Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.150 pure
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
22203 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
105130 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
108106 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
86856 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
89027 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
38025 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
449347 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
119885 usd
CY2024Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
329462 usd
CY2024Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000 shares
CY2023Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000 shares
CY2024Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
6980227 shares
CY2024Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
6980227 shares
CY2023Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
6508897 shares
CY2023Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
6508897 shares
CY2023Q3 us-gaap Debt Conversion Converted Instrument Shares Issued1
DebtConversionConvertedInstrumentSharesIssued1
1244228 shares
CY2023Q3 us-gaap Convertible Preferred Stock Shares Issued Upon Conversion
ConvertiblePreferredStockSharesIssuedUponConversion
506637 shares
CY2023Q1 us-gaap Stockholders Equity Note Stock Split
StockholdersEquityNoteStockSplit
2-for-1 reverse stock split
CY2019Q3 us-gaap Class Of Warrant Or Right Reason For Issuing To Nonemployees
ClassOfWarrantOrRightReasonForIssuingToNonemployees
Since the fair value was greater than the warrant price of $0.01 per share the holder elected to receive the number of shares equal to 40,000 times the difference between the fair market value and the exercise price divided by the fair market value, resulting in 39,924.
CY2024Q3 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
1902996 shares
CY2024Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1319394 shares
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P6Y8M8D
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
6.94
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1319394 shares
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P5Y8M8D
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
6.94
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1319394 shares
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P4Y11M8D
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
6.94
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber
1319394 shares
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageRemainingContractualTerm1
P4Y11M8D
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageExercisePrice
6.94
us-gaap Share Based Compensation
ShareBasedCompensation
227000 usd
CY2024Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
0 usd
CY2024Q3 us-gaap Common Stock Shares Subscribed But Unissued
CommonStockSharesSubscribedButUnissued
100000 shares
CY2024Q3 NRXS Common Stock Capital Unissued Value
CommonStockCapitalUnissuedValue
227000 usd
CY2024Q3 us-gaap Other Expenses
OtherExpenses
293791 usd
us-gaap Other Expenses
OtherExpenses
580249 usd
CY2019Q1 us-gaap Loss Contingency Damages Sought Value
LossContingencyDamagesSoughtValue
5000000 usd
CY2022Q3 us-gaap Loss Contingency Damages Sought Value
LossContingencyDamagesSoughtValue
75000 usd
CY2024Q3 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2024Q3 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q3 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2024Q3 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false

Files In Submission

Name View Source Status
0001493152-24-044538-index-headers.html Edgar Link pending
0001493152-24-044538-index.html Edgar Link pending
0001493152-24-044538.txt Edgar Link pending
0001493152-24-044538-xbrl.zip Edgar Link pending
ex3-1.htm Edgar Link pending
ex3-2.htm Edgar Link pending
ex31-1.htm Edgar Link pending
ex31-2.htm Edgar Link pending
ex32-1.htm Edgar Link pending
ex32-2.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
form10-q.htm Edgar Link pending
MetaLinks.json Edgar Link pending
nrxs-20240930.xsd Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
nrxs-20240930_cal.xml Edgar Link unprocessable
nrxs-20240930_def.xml Edgar Link unprocessable
nrxs-20240930_lab.xml Edgar Link unprocessable
nrxs-20240930_pre.xml Edgar Link unprocessable
form10-q_htm.xml Edgar Link completed
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
FilingSummary.xml Edgar Link unprocessable