Filing Flows › Neuraxis (NRXS) › Q4 2024
Neuraxis (NRXS) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 20, 2025
Neuraxis (NRXS) reported revenue of $761K for the fourth quarter 2024 (Q4 2024), +43% from a year earlier and +14% from the quarter before. Operating margin was -192.7%, net loss $1.4M (190.2% of revenue).
Neuraxis, Q4 2024: revenue $761K (+43% year over year), operating margin -192.7%, net loss $1.4M, operating cash flow −$1.8M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $761K | +14% | +43% |
| Operating profit | −$1.5M | — | — |
| Net earnings | −$1.4M | — | — |
| Operating cash flow | −$1.8M | — | — |
What changed
Revenue was $761K in Q4 2024, up 43% year over year and up 14% from the previous quarter.
Gross margin was 86.2%, down 0.2 points from a year earlier. Operating costs exceeded revenue by $1.5M, an operating margin of -192.7%. Operating expenses grew 2% against revenue growth of 43%. The fastest-growing cost line was Sales & marketing (+35%). The quarter ended with a net loss of $1.4M, narrower than the previous quarter's $1.8M loss.
Operating cash flow was −$1.8M. Non-cash charges added back $7K of depreciation and amortization. Working capital and other items used $317K.
Questions
What was Neuraxis' revenue in the fourth quarter 2024?
Neuraxis (NRXS) reported revenue of $761K for the fourth quarter 2024 (Q4 2024), +43% from a year earlier and +14% from the quarter before.
Was Neuraxis profitable in the fourth quarter 2024?
Operating loss was $1.5M (-192.7% of revenue) and net loss $1.4M.
Source: Neuraxis 10-K on SEC EDGAR.