NRSN (NRSN) financial statements
Net income was -$11M.
Free cash flow was -$8M.
The diluted share count rose 308% over the period (dilution).
Income statement
Fiscal years, from NRSN's 10-K filings with the SEC.
| Fiscal year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Research and development | — | — | $1M | $6M | $7M | $6M | $6M |
| Selling, general and admin | $337,000 | $393,000 | $2M | $5M | $5M | $4M | $5M |
| Operating income | -$1M | -$3M | -$3M | -$11M | -$12M | -$10M | -$11M |
| Interest expense | $5,000 | $1,000 | $1M | $45,000 | $2M | — | — |
| Net income | -$1M | -$3M | -$3M | -$10M | -$10M | -$10M | -$11M |
| EPS (diluted) | -$0.26 | -$0.51 | -$0.52 | -$0.91 | -$0.74 | -$0.54 | -$0.44 |
| Diluted shares | — | — | 6M | 12M | 14M | 19M | 25M |
Balance sheet
Fiscal years, from NRSN's 10-K filings with the SEC.
| Fiscal year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $895,000 | $699,000 | $11M | $4M | $3M | $3M | $166,000 |
| Total current assets | — | $766,000 | $11M | $7M | $3M | $4M | $778,000 |
| Property, plant and equipment | — | $13,000 | $19,000 | $77,000 | $85,000 | $66,000 | $58,000 |
| Total assets | — | $779,000 | $11M | $8M | $3M | $5M | $1M |
| Total current liabilities | — | $120,000 | $597,000 | $2M | $3M | $2M | $3M |
| Total liabilities | — | $120,000 | $2M | $2M | $5M | $2M | $3M |
| Shareholders' equity | $918,000 | $659,000 | $11M | $6M | -$2M | $3M | -$2M |
| Net debt | -$895,000 | -$699,000 | -$11M | -$4M | -$3M | -$3M | -$166,000 |
Cash flow
Fiscal years, from NRSN's 10-K filings with the SEC.
| Fiscal year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Operating cash flow | -$582,000 | -$695,000 | -$2M | -$8M | -$8M | -$10M | -$8M |
| Capital spending | $7,000 | $9,000 | $17,000 | $70,000 | $29,000 | $3,000 | $8,000 |
| Free cash flow | -$589,000 | -$704,000 | -$2M | -$8M | -$8M | -$10M | -$8M |
| Stock-based compensation | $611,000 | $2M | $1M | $2M | $2M | $557,000 | $2M |
| Dividends paid | $27,000 | $28,000 | $29,000 | $310,000 | $310,000 | — | — |
| Net borrowing | -$3,000 | — | — | -$79,000 | -$80,000 | — | — |
| Dividends per share | — | — | $0.00 | $0.03 | $0.02 | — | — |
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How much free cash flow does NRSN generate?
-$8M in fiscal 2025 (operating cash flow minus capital spending).
From NRSN's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.