NRXP — NRX Pharmaceuticals, Inc.

Nasdaq · Health Care · Pharmaceuticals · CIK 1719406 ·
Last close
$3.45
Market Cap
$149.37M
52W High
$5.05
52W Low
$2.82
ADV30
1,100,998
Next earnings
2026-11-12
NRx Pharmaceuticals, Inc., a clinical-stage biopharmaceutical company, develops therapeutics for the treatment of central nervous system disorders comprising suicidal depression, post-traumatic stress disorder (PTSD), and schizophrenia in the United States. It operates through NRx and Dura segments. The company develops NRX-101, an oral fixed-dose combination of D-cycloserine (DCS) and lurasidone in Phase 2/3 clinical testing for bipolar depression with sub-acute ideation and behavior; NRX-100, a preservative-free formulation of ketamine for intravenous infusion and for the treatment of suicidal depression; and KETAFREE, a generic preservative-free formulation of ketamine. It also provides precision-based interventional psychiatry services to patients with treatment-resistant depression and PTSD using a combination of neuroplastic drugs, transcranial magnetic stimulation (TMS), digital therapeutics, and hyperbaric therapy; ketamine infusion therapy; stellate ganglion blocks; Spravato administration; psychotherapy; and medication management. The company has a development and license agreement with Glytech LLC. NRx Pharmaceuticals, Inc. was founded in 2015 and is headquartered in Wilmington, Delaware.

Quarterly Fundamentals

Revenues vs Net Income (last 4 Q)

Assets vs Liabilities (last 4 Q)

PeriodRevenuesGrossProfit OpIncomeNetIncomeAssets CashLiabilities
Mar 2026 1,068,000 437,000 -4,748,000 -1,430,000 11,903,000 6,713,000 25,719,000
Dec 2025 983,000 575,000 -4,624,000 360,000 12,956,000 7,797,000 28,893,000
Sep 2025 242,000 145,000 -4,024,000 -5,890,000 14,996,000 7,184,000 40,751,000
Jun 2025 0 -3,730,000 -17,581,000 4,838,000 2,910,000 40,453,000

Cashflow TTM (yfinance, fills SEC gap)

Operating CF
$-14,927,000
Investing CF
$-462,000
Financing CF
$19,115,000
CapEx
Dividends Paid
Buybacks
EPS Diluted TTM
$-1.63
As of
2026-08-16

Balance + Analyst (yfinance extras)

Retained Earnings
$-308,325,000
Inventory
Receivables
$181,000
ST Investments
EBIT TTM
$-23,637,000
Pretax Income TTM
$-24,541,000
Interest Exp TTM
$904,000
Analysts
4

Yahoo Snapshot (yfinance, live)

Total Revenue
$3,394,000
EBITDA
$-19,762,000
Free Cash Flow
$-9,639,625
Enterprise Value
$128,163,824
Total Cash
$26,686,000
Total Debt
$834,000
Shares Out
43,295,767
Trailing EPS
$-0.51
Book Value
$-0.50
ROE
ROA
-64.0%
Div Yield

Annual Trend (SEC EDGAR, last 5y)

Revenues vs Net Income (last 5y)

FY endRevenuesOpIncome NetIncomeAssetsLiabilities EquityOCF
Dec 2025 1,225,000 -16,224,000 -28,622,000 12,956,000 28,893,000 -14,112,000
Dec 2024 0 -18,502,000 -25,126,000 3,651,000 26,874,000 -10,637,000
Dec 2023 0 -27,587,000 -30,150,000 7,315,000 19,048,000 -21,657,000
Dec 2022 0 -44,335,000 -39,754,000 25,816,000 18,407,000 -39,755,000
Dec 2021

TTM Snapshot

Revenues TTM
NetIncome TTM
OpCashFlow TTM
Assets (Latest)
Forward EPS
$0.50

Max Pain — expiry 2026-09-18 (volume-derived — Yahoo OI feed degraded)

max pain strike: $2.50 · spot: $3.45 · call volume: 187 · put volume: 5
Expected Move to 2026-09-18: ±$1.15 (33.33%) — implied range $2.30$4.60 · ATM straddle on $2.50 strike

Peers — same industry

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TLSA Tiziana Life Sciences Ltd $146.35M $1.15
UNCY Unicycive Therapeutics, Inc. $146.28M $5.34
CNTB Connect Biopharma Holdings Ltd $144.84M $2.30

News headlines (Yahoo Finance, 1h cache)

NRX Pharmaceuticals Inc (NRXP) (Q2 2026) Earnings Call Highlights: Advancing Ketamine Pipeline ...
2026-08-18 05:02 · Yahoo
NRx Pharmaceuticals (Nasdaq:NRXP) Reports Second Quarter 2026 Financial Results and Provides Corporate Update; Conference Call to be Held on Monday, August 17th at 4:30pm ET
2026-08-17 11:00 · Yahoo
NRx Pharmaceuticals, Inc. (NRXP) Reports Q2 Loss, Misses Revenue Estimates
2026-08-15 00:15 · Yahoo
NRx Pharmaceuticals Nears FDA Decision on Preservative-Free Ketamine After Review Clears Hurdles
2026-08-10 14:04 · Yahoo
NRx Pharmaceuticals, Inc. (NASDAQ:NRXP) to Host Conference Call August 10 to Discuss FDA First-Cycle ANDA Review and Commercial Plans
2026-08-07 20:01 · Yahoo
NRx Pharmaceuticals Responds to Recent Public Statements Regarding Kadima Dispute
2026-06-25 20:01 · Yahoo
NRx Pharmaceuticals (Nasdaq: NRXP) Subsidiary HOPE Therapeutics Treats First Patients Using Zeta Surgical's FDA-Cleared Zeta TMS Navigation System
2026-06-25 11:00 · Yahoo
Kadima Neuropsychiatry Institute Files Suit Against NRx Pharmaceuticals (NASDAQ: NRXP), Alleging Breach of Contract and Misrepresentation in Connection with Acquisition
2026-06-24 17:18 · Yahoo
NRx Pharmaceuticals Announces FDA Grant of Expanded Access Protocol for Use of D-Cycloserine-based NRX-101 for Augmentation of Transcranial Magnetic Stimulation in the Treatment of Depression
2026-06-22 11:00 · Yahoo
NRX Pharmaceuticals Inc (NRXP) Q1 2026 Earnings Call Highlights: Strategic Advances Amid ...
2026-06-17 22:19 · Yahoo

Recent Insider Activity

No insider activity indexed for this ticker.