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Side-by-side financial comparison of Neuraxis, INC (NRXS) and ScanTech AI Systems Inc. (STAI). Click either name above to swap in a different company.

Neuraxis, INC is the larger business by last-quarter revenue ($968.1K vs $631.0K, roughly 1.5× ScanTech AI Systems Inc.). Neuraxis, INC runs the higher net margin — -176.5% vs -1532.9%, a 1356.4% gap on every dollar of revenue.

Neuraxis, Inc. is a clinical-stage biopharmaceutical company focused on researching, developing and commercializing innovative therapies for central nervous system disorders such as chronic neuropathic pain, addressing unmet neurological care needs across North American and select European markets.

NRXS vs STAI — Head-to-Head

Bigger by revenue
NRXS
NRXS
1.5× larger
NRXS
$968.1K
$631.0K
STAI
Higher net margin
NRXS
NRXS
1356.4% more per $
NRXS
-176.5%
-1532.9%
STAI

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
NRXS
NRXS
STAI
STAI
Revenue
$968.1K
$631.0K
Net Profit
$-1.7M
$-9.7M
Gross Margin
85.4%
27.6%
Operating Margin
-177.3%
-773.2%
Net Margin
-176.5%
-1532.9%
Revenue YoY
27.2%
Net Profit YoY
-18.0%
EPS (diluted)
$-0.16
$-0.16

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
NRXS
NRXS
STAI
STAI
Q4 25
$968.1K
Q3 25
$811.4K
$631.0K
Q2 25
$894.1K
$884.0K
Q1 25
$895.7K
$346.1K
Q4 24
$761.2K
Q3 24
$666.6K
Q2 24
$611.5K
Q1 24
$646.6K
Net Profit
NRXS
NRXS
STAI
STAI
Q4 25
$-1.7M
Q3 25
$-2.1M
$-9.7M
Q2 25
$-1.7M
$-6.9M
Q1 25
$-2.3M
$-17.9M
Q4 24
$-1.4M
Q3 24
$-1.8M
Q2 24
$-2.9M
Q1 24
$-2.1M
Gross Margin
NRXS
NRXS
STAI
STAI
Q4 25
85.4%
Q3 25
83.3%
27.6%
Q2 25
83.6%
14.3%
Q1 25
84.4%
29.4%
Q4 24
84.7%
Q3 24
85.4%
Q2 24
88.0%
Q1 24
88.4%
Operating Margin
NRXS
NRXS
STAI
STAI
Q4 25
-177.3%
Q3 25
-258.8%
-773.2%
Q2 25
-192.1%
-440.1%
Q1 25
-256.2%
-4503.9%
Q4 24
-192.7%
Q3 24
-247.7%
Q2 24
-360.9%
Q1 24
-283.3%
Net Margin
NRXS
NRXS
STAI
STAI
Q4 25
-176.5%
Q3 25
-261.6%
-1532.9%
Q2 25
-189.1%
-785.1%
Q1 25
-254.4%
-5174.2%
Q4 24
-190.2%
Q3 24
-263.3%
Q2 24
-477.1%
Q1 24
-328.0%
EPS (diluted)
NRXS
NRXS
STAI
STAI
Q4 25
$-0.16
Q3 25
$-0.24
$-0.16
Q2 25
$-0.22
$-0.16
Q1 25
$-0.33
$-0.77
Q4 24
$-0.23
Q3 24
$-0.25
Q2 24
$-0.42
Q1 24
$-0.32

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
NRXS
NRXS
STAI
STAI
Cash + ST InvestmentsLiquidity on hand
$5.0M
Total DebtLower is stronger
$17.7M
Stockholders' EquityBook value
$3.4M
Total Assets
$6.4M
$5.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NRXS
NRXS
STAI
STAI
Q4 25
$5.0M
Q3 25
$4.4M
Q2 25
$6.0M
Q1 25
$2.0M
Q4 24
$3.7M
Q3 24
$260.9K
Q2 24
$1.8M
Q1 24
$81.8K
Total Debt
NRXS
NRXS
STAI
STAI
Q4 25
Q3 25
$17.7M
Q2 25
$17.7M
Q1 25
$17.7M
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
NRXS
NRXS
STAI
STAI
Q4 25
$3.4M
Q3 25
$2.3M
Q2 25
$4.3M
Q1 25
$258.5K
Q4 24
$2.1M
Q3 24
$-1.8M
Q2 24
$-5.3M
Q1 24
$-3.2M
Total Assets
NRXS
NRXS
STAI
STAI
Q4 25
$6.4M
Q3 25
$5.8M
$5.1M
Q2 25
$7.1M
$4.6M
Q1 25
$3.0M
$5.1M
Q4 24
$4.8M
Q3 24
$1.1M
Q2 24
$2.6M
Q1 24
$945.7K

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
NRXS
NRXS
STAI
STAI
Operating Cash FlowLast quarter
$-1.9M
$-758.5K
Free Cash FlowOCF − Capex
$-1.9M
FCF MarginFCF / Revenue
-200.4%
Capex IntensityCapex / Revenue
0.6%
0.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NRXS
NRXS
STAI
STAI
Q4 25
$-1.9M
Q3 25
$-1.4M
$-758.5K
Q2 25
$-1.5M
$-1.5M
Q1 25
$-1.6M
$-2.2M
Q4 24
$-1.8M
Q3 24
$-1.4M
Q2 24
$-1.6M
Q1 24
$-1.3M
Free Cash Flow
NRXS
NRXS
STAI
STAI
Q4 25
$-1.9M
Q3 25
Q2 25
$-1.5M
$-1.5M
Q1 25
$-1.6M
$-2.2M
Q4 24
Q3 24
$-1.4M
Q2 24
$-1.6M
Q1 24
$-1.3M
FCF Margin
NRXS
NRXS
STAI
STAI
Q4 25
-200.4%
Q3 25
Q2 25
-164.9%
-166.0%
Q1 25
-181.1%
-623.8%
Q4 24
Q3 24
-209.6%
Q2 24
-265.5%
Q1 24
-208.3%
Capex Intensity
NRXS
NRXS
STAI
STAI
Q4 25
0.6%
Q3 25
0.0%
0.0%
Q2 25
0.8%
1.0%
Q1 25
2.0%
2.0%
Q4 24
0.0%
Q3 24
0.7%
Q2 24
1.4%
Q1 24
2.3%

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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