← Back to All US Stocks

NRX Pharmaceuticals, Inc. (NRXPW) Stock Fundamental Analysis & AI Rating 2026

NRXPW Nasdaq Pharmaceutical Preparations DE CIK: 0001719406
Updated This Month • Analysis: Apr 3, 2026 • SEC Data: 2025-12-31
Combined AI Rating
STRONG SELL
88% Confidence
STRONG AGREEMENT
STRONG SELL
95% Conf
STRONG SELL
82% Conf

📊 NRXPW Key Takeaways

Revenue: $1.2M
Net Margin: -2,336.5%
Free Cash Flow: $-14.1M
Current Ratio: 0.31x
Debt/Equity: N/A
EPS: $-0.74
AI Rating: STRONG SELL with 95% confidence
NRX Pharmaceuticals, Inc. (NRXPW) receives a STRONG SELL rating with 88% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $1.2M, net profit margin of -2,336.5%, NRX Pharmaceuticals, Inc. demonstrates mixed fundamentals in the Healthcare sector. Below is our complete NRXPW stock analysis for 2026.

Is NRX Pharmaceuticals, Inc. (NRXPW) a Good Investment?

Claude

NRX Pharmaceuticals is in severe financial distress with negative stockholders' equity of -$15.9M, indicating liabilities exceed assets. The company is burning cash at an alarming rate (-$14.1M operating cash flow) with minimal revenue ($1.2M) and massive operating losses (-$16.2M), leaving minimal runway with only $7.8M in cash.

ChatGPT

NRX Pharmaceuticals exhibits minimal revenue with extremely negative operating and net margins, reflecting an early-stage profile without commercial scale. With negative shareholders’ equity, a 0.31x current ratio, and $7.8M cash against -$14.1M operating cash flow, liquidity and going-concern risks are acute absent immediate non-dilutive funding or drastic cost reductions.

Why Buy NRX Pharmaceuticals, Inc. Stock? NRXPW Key Strengths

Claude
  • + Maintains $7.8M in cash reserves providing short-term liquidity
  • + Reduced net loss per share by 69.7% YoY through dilution management
  • + Minimal capital expenditure ($0) suggesting focus on preservation
ChatGPT
  • + Asset-light model with zero capex requirements
  • + Some existing revenue base ($1.23M)
  • + EPS loss improved materially YoY

NRXPW Stock Risks: NRX Pharmaceuticals, Inc. Investment Risks

Claude
  • ! Negative stockholders' equity of -$15.9M indicates technical insolvency and potential covenant violations
  • ! Operating cash burn of -$14.1M with only $7.8M cash implies approximately 6.6 months of runway at current burn rate
  • ! Revenue collapsed 15.2% YoY to $1.2M while losses increased, indicating fundamental business deterioration
  • ! Current ratio of 0.31x shows inability to cover short-term obligations
  • ! Liabilities exceed assets by $15.9M with $9.2M long-term debt requiring refinancing
  • ! Operating losses represent 1,324% of revenue, indicating no viable path to profitability
ChatGPT
  • ! Severe liquidity shortfall (current ratio 0.31x)
  • ! Negative equity indicating solvency/going-concern risk
  • ! High cash burn and likely need for dilutive financing/recapitalization

Key Metrics to Watch

Claude
  • * Cash burn rate and months of runway remaining
  • * Quarterly revenue trends and pipeline progress
  • * Covenant compliance on $9.2M long-term debt
  • * Operating cash flow trajectory
  • * Stockholders' equity recovery or further deterioration
ChatGPT
  • * Operating cash flow (burn rate)
  • * Cash & equivalents (runway)

NRX Pharmaceuticals, Inc. (NRXPW) Financial Metrics & Key Ratios

Revenue
$1.2M
Net Income
$-28.6M
EPS (Diluted)
$-0.74
Free Cash Flow
$-14.1M
Total Assets
$13.0M
Cash Position
$7.8M

💡 AI Analyst Insight

The current ratio below 1.0x warrants monitoring of short-term liquidity.

NRXPW Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin -1,324.4%
Net Margin -2,336.5%
ROE N/A
ROA -220.9%
FCF Margin -1,152.0%

NRXPW vs Healthcare Sector: How NRX Pharmaceuticals, Inc. Compares

How NRX Pharmaceuticals, Inc. compares to Healthcare sector averages

Net Margin
NRXPW -2,336.5%
vs
Sector Avg 12.0%
NRXPW Sector
ROE
NRXPW 0.0%
vs
Sector Avg 15.0%
NRXPW Sector
Current Ratio
NRXPW 0.3x
vs
Sector Avg 2.0x
NRXPW Sector
Debt/Equity
NRXPW 0.0x
vs
Sector Avg 0.6x
NRXPW Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is NRX Pharmaceuticals, Inc. Stock Overvalued? NRXPW Valuation Analysis 2026

Based on fundamental analysis, NRX Pharmaceuticals, Inc. has mixed fundamental signals relative to the Healthcare sector in 2026.

Return on Equity
N/A
Sector avg: 15%
Net Profit Margin
-2,336.5%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
N/A
Sector avg: 0.6x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

NRX Pharmaceuticals, Inc. Balance Sheet: NRXPW Debt, Cash & Liquidity

Current Ratio
0.31x
Quick Ratio
0.31x
Debt/Equity
N/A
Debt/Assets
223.0%
Interest Coverage
-70.54x
Long-term Debt
$9.2M

NRXPW Revenue & Earnings Growth: 5-Year Financial Trend

NRXPW 5-year financial data: Year 2024: Revenue $0, Net Income -$30.2M, EPS N/A. Year 2025: Revenue $1.2M, Net Income -$25.1M, EPS N/A.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: NRX Pharmaceuticals, Inc.'s revenue has remained relatively flat over the 5-year period, with a 0% decline. The most recent EPS of $-1.98 indicates the company is currently unprofitable.

NRXPW Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-1,152.0%
Free cash flow / Revenue

NRXPW Quarterly Earnings & Performance

Quarterly financial performance data for NRX Pharmaceuticals, Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2024 N/A -$1.6M N/A
Q2 2024 N/A -$5.5M N/A
Q1 2024 N/A -$5.5M $-0.74

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

NRX Pharmaceuticals, Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$14.1M
Cash generated from operations
Stock Buybacks
$26.3M
Shares repurchased (TTM)
Dividends
None
No dividend program

NRXPW SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for NRX Pharmaceuticals, Inc. (CIK: 0001719406)

📋 Recent SEC Filings

Date Form Document Action
Mar 24, 2026 8-K nrxp20260324_8k.htm View →
Mar 23, 2026 10-K nrxp20251231_10k.htm View →
Feb 23, 2026 DEF 14A nrxp20260218_def14a.htm View →
Feb 17, 2026 4 xslF345X05/rdgdoc.xml View →
Feb 17, 2026 8-K nrxp20260216c_8k.htm View →

Frequently Asked Questions about NRXPW

What is the AI rating for NRXPW?

NRX Pharmaceuticals, Inc. (NRXPW) has a Combined AI Rating of STRONG SELL from Claude (STRONG SELL) and ChatGPT (STRONG SELL) with 88% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are NRXPW's key strengths?

Claude: Maintains $7.8M in cash reserves providing short-term liquidity. Reduced net loss per share by 69.7% YoY through dilution management. ChatGPT: Asset-light model with zero capex requirements. Some existing revenue base ($1.23M).

What are the risks of investing in NRXPW?

Claude: Negative stockholders' equity of -$15.9M indicates technical insolvency and potential covenant violations. Operating cash burn of -$14.1M with only $7.8M cash implies approximately 6.6 months of runway at current burn rate. ChatGPT: Severe liquidity shortfall (current ratio 0.31x). Negative equity indicating solvency/going-concern risk.

What is NRXPW's revenue and growth?

NRX Pharmaceuticals, Inc. reported revenue of $1.2M.

Does NRXPW pay dividends?

NRX Pharmaceuticals, Inc. does not currently pay dividends.

Where can I find NRXPW SEC filings?

Official SEC filings for NRX Pharmaceuticals, Inc. (CIK: 0001719406) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is NRXPW's EPS?

NRX Pharmaceuticals, Inc. has a diluted EPS of $-0.74.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is NRXPW a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, NRX Pharmaceuticals, Inc. has a STRONG SELL rating with 88% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is NRXPW stock overvalued or undervalued?

Valuation metrics for NRXPW: ROE of N/A (sector avg: 15%), net margin of -2,336.5% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

Should I buy NRXPW stock in 2026?

Our dual AI analysis gives NRX Pharmaceuticals, Inc. a combined STRONG SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is NRXPW's free cash flow?

NRX Pharmaceuticals, Inc.'s operating cash flow is $-14.1M, with capital expenditures of $0.0. FCF margin is -1,152.0%.

How does NRXPW compare to other Healthcare stocks?

Vs Healthcare sector averages: Net margin -2,336.5% (avg: 12%), ROE N/A (avg: 15%), current ratio 0.31 (avg: 2).

Top Rated Stocks
NSSC 92% MLI 92% MELI 92% MDXG 92% MANH 92% INVA 92% GGG 92% GCT 92% FTNT 92% FSLR 92%
Sector: All Healthcare Stocks →
Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 3, 2026 | Data as of: 2025-12-31 | Powered by Claude AI