Dr. Gil Aharon
the Board appointed Dr. Aharon to the Board, effective January 1, 2025.
Highest-materiality recent filing
Neuraxis ups ATM offering to $11.5M after selling 1.125M shares under prior $6.27M program
On Apr 21, 2026, Neuraxis filed a prospectus supplement increasing the ATM offering cap to $11,500,000 from $6,270,000.
Neuraxis reports preliminary Q1 2026 net sales of $1.6M, up 77% YoY; operating loss of $1.7M
Cash and cash equivalents ~$7.1M as of March 31, 2026.
Neuraxis gets FDA 510(k) clearance for PENFS to treat functional dyspepsia in ages 8+
FDA cleared Neuraxis' PENFS for functional abdominal pain associated with functional dyspepsia and nausea in patients 8 years and older.
Neuraxis reports preliminary Q3 net sales $0.8M, operating loss $2.1M
Preliminary unaudited cash and equivalents of $4.4M as of September 30, 2025.
Neuraxis enters $3.3M ATM offering agreement with Craig-Hallum
ATM offering of up to $3.3M of common stock at prevailing market prices.
Neuraxis ends Masimo partnership on NSS-2 Bridge; pays $200K, forfeits future royalties
Terminated License and Collaboration Agreement with Masimo Corp., effective July 1, 2025.
Neuraxis stockholders approve Series B conversion stock issuance; elect directors
Votes to approve issuance of 20%+ of outstanding common stock upon conversion of Series B Preferred Stock passed with 4.1M for, 129K against, 1.1M broker non-votes.
Neuraxis posts investor presentation to website; no specific financial details disclosed in filing
Investor presentation covering strategy, performance, and objectives posted to ir.neuraxis.com on May 23, 2025.
Neuraxis announces $5.0M registered direct offering of 1.54M shares at $3.25/share
Offering of 1,538,461 shares at $3.25/share; gross proceeds ~$5.0M before fees.
Neuraxis settles litigation for $750k payable starting Jan 2026; raises ~$1M from warrant exercises
Settles two lawsuits (Physicians' Litigation and Medical Practice Entities' Litigation) for $750,000 total, payable in 12 equal monthly installments beginning January 2026.
NeurAxis preliminary Q4 revenue up 50% YoY to ~$800K; cash $3.7M
Preliminary Q4 2024 revenue ~$800K (+50% YoY); FY2024 revenue ~$2.7M (+11% YoY).
Neuraxis appoints Dr. Gil Aharon to board effective Jan 1, 2025
Dr. Gil Aharon appointed to Neuraxis board effective Jan 1, 2025, as designee of investors in recent $5M Series B financing.
Increased authorized Series B Preferred shares from 4,000,000 to 5,000,000.
Neuraxis raises ~$5M through Series B Convertible Preferred Stock to three investors
Sold 2,100,840 shares of Series B Preferred Stock at $2.38 stated value for aggregate $5M, closed Nov 13, 2024.
NeurAxis Q3 revenue up 40% to $667K; operating loss narrows 45%; secures $5M investment
Revenue $667K, +40% YoY; unit sales +50%.
Neuraxis cuts Flagstaff investment to $1.8M, raises $145k from new Series B preferred sale
Fourth Amendment reduces Flagstaff SPA total from $5M to $1.8M; $800k received, $1M due by Dec 31, 2024.
Neuraxis converts $4.94M of convertible notes into 2.07M Series B Preferred shares
$4,935,001.90 of Preferred Stock Notes automatically converted into 2,073,524 Series B Preferred shares at $2.38/share.
Neuraxis shareholders approve expanded equity plan and blank check preferred
All five director nominees elected with 85%–99.99% votes for; quorum of 65.61% achieved.
Revenue $611.5K, down 5.3% YoY; gross margin 88.0% vs 89.5%.
Three non-employee directors (Ferge, Keyser, Watkins) granted fully vested shares for services through March 31, 2024.
Neuraxis raises $3M via convertible notes at 8.5% interest; warrants amended
Issued ~$3M aggregate principal convertible notes to three institutional investors; 8.5% annual interest payable quarterly.
Neuraxis COO Dan Clarence terminated; severance through Oct 2024
COO Dan Clarence employment terminated effective April 10, 2024.
NeurAxis reports FY2023 net loss $14.6M; restates Q3 2023 due to $3.7M accounting error
FY2023 revenue $2.5M down 8.4% YoY; net loss widened to $14.6M from $4.8M in 2022.
Neuraxis increases Flagstaff financing to $5M, replaces preferred with convertible note
Amendment raises Flagstaff investment from $3M to $5M via convertible promissory note.
the Board appointed Dr. Aharon to the Board, effective January 1, 2025.
On April 10, 2024, the employment of Dan Clarence, Chief Operating Officer of NeurAxis, Inc. (the "Company"), terminated effective immediately.
Max materiality 0.80 · Median 0.60 · Most common event other_material