What is NRXS's current risk tier?

MODERATE / CAUTION — No critical flags, but the structure is not pristine. Read the evidence.

How many months of cash runway does NRXS have?

NRXS has approximately 21.8 months of cash runway based on the most recent SEC filings.

What is NRXS's dilution risk?

NRXS reads 26 / 100 on Stockteller's dilution scale (0 = none, 100 = severe). Active shareholder dilution detected.

What's driving dilution at NRXS?

NRXS — Potential Dilution. Share count changed by +26.5%. No active dilution drivers detected in latest filing.

Risk Audit · Cached SEC Snapshot

NRXS Risk Audit — Dilution, Cash Runway, and SEC Filings

Neuraxis, INC

TL;DR

MODERATE / CAUTION — No critical flags, but the structure is not pristine. Read the evidence.
Estimated Cash Runway: 21.8mo of cash before the company exhausts its operating runway.
Dilution Risk: 26 / 100 — company is actively issuing new shares.
Potential Dilution · Active S-3 Shelf: 15% of shares outstanding registered for future issuance — forward capacity, not yet issued.
Dilution Status: Potential Dilution — Share count changed by +26.5%. No active dilution drivers detected in latest filing.

Source: SEC 10-Q · period ending 2026-06-30

Estimated Cash Runway

21.8mo

Company runs out of cash in 21.8 months

Dilution Risk

26 / 100

Company actively issuing new shares

C Stockteller Grade Altman Z: -5.22 (Z)

Gravity Playbook · Mathematical Stress Test

AUTH

Dilution Authorization

The company is authorized to dilute up to 26.47% annually. An active S-3 shelf registration is in place, providing a mechanism for future capital raises.

BURN

Cash Runway

Current mechanics indicate cash is mathematically depleted in approximately 21.80 months based on the latest burn rate.

COMPLIANCE

Nasdaq Compliance

Nasdaq requires a $1.00 minimum bid. Historical precedent for companies with this profile involves structural actions such as reverse splits to maintain listing compliance.

Mechanical analysis only. Not financial advice. Statements describe mathematical conditions and historical precedent, not predictions or recommendations for this security.

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Educational analysis only. Not financial advice. The Risk Audit is a quantitative framework derived from publicly available SEC filings and may contain inaccuracies. AI systems are fallible. Always verify against the source filings on SEC EDGAR and consult a licensed advisor before making investment decisions.