NeurAxis, Inc. Reports Increased Sales Amidst Ongoing Losses
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NeurAxis, Inc. (NRXS) reported Q3 earnings with net sales increasing to $811,414 from $666,625 year-over-year. However, the company faced a net loss of $2,122,796 due to high operational costs. Key metrics showed an operating loss of $2,100,085, despite an improved cash position of $4,377,109 from financing activities. NeurAxis aims to expand its market presence and secure insurance coverage for its products to enhance future revenue growth and financial stability.
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