Neuraxis, INC R&D Expense

Quick Answer

Neuraxis, INC reported R&D Expense of $493.6 thousand for fiscal year 2025.

Neuraxis, INC R&D Expense — Annual History

Fiscal Year R&D Expense YoY Change
2025 $493.6K +13.8%
2024 $433.6K +156.1%
2023 $169.3K -25.0%
2022 $225.6K

Quarterly R&D Expense

Quarter Ending R&D Expense YoY QoQ
September 30, 2025 $130.8K +3.6% +124.4%
June 30, 2025 $58.3K +7.4% -3.7%
March 31, 2025 $60.6K +987.2% -52.0%
September 30, 2024 $126.2K +180.9% +132.4%
June 30, 2024 $54.3K -50.5% +875.1%
March 31, 2024 $5.6K -66.8% -87.6%
September 30, 2023 $45.0K -47.8% -59.1%
June 30, 2023 $109.8K +703.4% +553.6%
  • Neuraxis, INC showed an increase of +13.8% in R&D Expense compared to the prior fiscal year.
  • Over the 2022–2025 period, Neuraxis, INC’s r&d expense has grown by 118.8% (from $225.6 thousand to $493.6 thousand).
  • The most recent figure is from Neuraxis, INC’s fiscal year 2025 report (Form 10-K), filed with the SEC on March 19, 2026.
  • All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.

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