---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-033281"
form_type: "8-K"
ticker: "NRXS"
cik: "0001933567"
company_name: "Neuraxis, INC"
filed_at: "2023-09-21T23:59:59+00:00"
generated_at: "2026-06-10T11:18:44.550731+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Neuraxis Q2 2023 revenue down 5% to $646K; net loss widens to $2.24M

## Summary
- Revenue $646K, -5% YoY from $683K; gross margin improved to 89.5% from 88.4%.
- Net loss $2.236M ($1.21/share) vs $1.517M ($0.87/share) in Q2 2022.
- IPO completed, net proceeds ~$6.1M; now trading on NYSE American under NRXS.
- R&D spend surged to $110K from $14K YoY; G&A rose to $1.51M from $1.13M.

## SEC filing metadata
- accession: 0001493152-23-033281
- form_type: 8-K
- ticker: NRXS
- cik: 0001933567
- company_name: Neuraxis, INC
- filed_at: 2023-09-21T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1933567/000149315223033281/0001493152-23-033281-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1933567/000149315223033281/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-033281
- JSON: https://secwatch.observer/filing/0001493152-23-033281.json
- Plain text: https://secwatch.observer/filing/0001493152-23-033281.txt

## Key facts
- Earnings Releases
  Neuraxis, INC reported the second quarter ended June 30, 2023 results: revenue $646.0 thousand, net income ($2,235.6) thousand, EPS ($1.21) per common share.
  - Period: the second quarter ended June 30, 2023
  - Revenue: $646.0 thousand
  - Net income: ($2,235.6) thousand
  - EPS: ($1.21) per common share
  - Result: reported results
  source text: of care for children with abdominal pain related disorders of the gut-brain interactions.” 1 Second Quarter 2023 Financial Results Revenue for the second quarter of 2023 was $646.0 thousand, representing a decrease of 5% compared to $682.6 thousand in the second quarter of 2022. The decrease was primarily due to ordering patterns of our major customers. Gross profit
  evidence_url: https://www.sec.gov/Archives/edgar/data/1933567/000149315223033281/0001493152-23-033281-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.