NSRX on NYSE
Nasus Pharma Ltd
Nasus Pharma Ltd is a pharmaceutical preparations company, listed on NYSE (NSRX).1
Price unavailable
Last updated Oct 20, 2026.
Overview
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- TickerNSRX on NYSE1
- IndustryPharmaceutical Preparations1
- HeadquartersL31
- Incorporated inIsrael3
- Business address29 Harakevet St, Tel Aviv - Yafo, L3 66180033
- Filer categoryNon-accelerated filer, Emerging growth company3
- Legal formCorporation
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IND submission for NS002 is planned for the third quarter of 2026 following the completion of the additional Phase 2 studies.4 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Research and development0¢$2.2M
- Other costs100¢$1.2B
Out of $1.2B in revenue.2 The company lost money this year.
Financial statements
No quarterly figures reported.
Every line of the income statement as filed: the last 3 fiscal years, latest first.2
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Total operating expenses | $4.9M | $1.1M | $1.1M |
| Operating loss from continuing operations | -$4.9M | -$1.1M | -$1.1M |
| Change in fair value of convertible securities | -$952.0K | -$443.0K | $219.0K |
| Other expense, net | -$27.0K | -$2.0K | -$28.0K |
| Loss from continuing operations | -$5.8M | -$1.6M | -$1.0M |
| Net income (loss) from discontinued operations | -$51.0K | $20.0K | -$46.0K |
| Net loss | -$5.9M | -$1.5M | -$1.1M |
| Basic | -$0.72 | -$0.22 | -$0.15 |
| Diluted | -$0.72 | -$0.22 | -$0.20 |
| Weighted average Ordinary Shares outstanding basic | 8.0M shares | 7.0M shares | 6.9M shares |
| Weighted average Ordinary Shares outstanding diluted | 8.0M shares | 7.0M shares | 7.1M shares |
| Research and development | $2.2M | $335.0K | $567.0K |
| General and administrative | $2.7M | $743.0K | $580.0K |
| Interest expense | -$78.0K | $29.0K | $49.0K |
No quarter-by-quarter statement was filed.
No quarterly figures reported.
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.2
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $1.2M | $284.0K | $193.0K | |
| Restricted cash | $54.0K | $27.0K | $17.0K | |
| Short-term deposit | $3.0M | |||
| Prepaid expenses and other current assets (of which $0 and $116 are to related parties as of December 31, 2025 and December 31, 2024, respectively) | $515.0K | $146.0K | ||
| Total current assets | $4.9M | $457.0K | ||
| Deferred offering cost | $260.0K | |||
| Right-of-use assets | $135.0K | |||
| Property and equipment, net | $14.0K | |||
| Total Assets | $5.0M | $717.0K | ||
| Accounts payable (of which $78 and $0 are to related parties as of December 31, 2025 and December 31, 2024, respectively) | $829.0K | $651.0K | ||
| Convertible securities (of which $0 and $605 are to related parties as of December 31, 2025 and December 31, 2024, respectively) | $1.8M | |||
| Current operating lease liabilities | $45.0K | |||
| Current liabilities related to discontinued operations | $483.0K | $489.0K | ||
| Total current liabilities | $2.2M | $3.9M | ||
| Noncurrent operating lease liabilities | $73.0K | |||
| Total Liabilities | $2.2M | $3.9M | ||
| Ordinary Shares, no par value; 22,801,942 shares authorized and 9,015,383 shares issued as of December 31, 2025; Ordinary Shares(*), par value NIS 0.01 per share; 13,265,593 shares authorized and 7,362,906 issued as of December 31, 2024; | $20.0K | |||
| Additional paid-in capital | $21.3M | $9.4M | ||
| Accumulated deficit | -$18.5M | -$12.7M | ||
| Total Shareholders Equity (Deficit) | $2.8M | -$3.2M | -$3.8M | -$2.8M |
| Total Liabilities and Shareholders Equity (Deficit) | $5.0M | $717.0K | ||
| Accrued expense and other current liabilities | $806.0K | $987.0K | ||
| Ordinary shares, par value | 0.00 ILS | 0.01 ILS | ||
| Ordinary shares, shares authorized | 22.8M shares | 13.3M shares | ||
| Ordinary shares, shares issued | 9.0M shares | 7.4M shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $1.2M | $284.0K | $193.0K | |
| Restricted cash | $54.0K | $27.0K | $17.0K | |
| Short-term deposit | $3.0M | |||
| Prepaid expenses and other current assets (of which $0 and $116 are to related parties as of December 31, 2025 and December 31, 2024, respectively) | $515.0K | $146.0K | ||
| Total current assets | $4.9M | $457.0K | ||
| Deferred offering cost | $260.0K | |||
| Right-of-use assets | $135.0K | |||
| Property and equipment, net | $14.0K | |||
| Total Assets | $5.0M | $717.0K | ||
| Accounts payable (of which $78 and $0 are to related parties as of December 31, 2025 and December 31, 2024, respectively) | $829.0K | $651.0K | ||
| Convertible securities (of which $0 and $605 are to related parties as of December 31, 2025 and December 31, 2024, respectively) | $1.8M | |||
| Current operating lease liabilities | $45.0K | |||
| Current liabilities related to discontinued operations | $483.0K | $489.0K | ||
| Total current liabilities | $2.2M | $3.9M | ||
| Noncurrent operating lease liabilities | $73.0K | |||
| Total Liabilities | $2.2M | $3.9M | ||
| Ordinary Shares, no par value; 22,801,942 shares authorized and 9,015,383 shares issued as of December 31, 2025; Ordinary Shares(*), par value NIS 0.01 per share; 13,265,593 shares authorized and 7,362,906 issued as of December 31, 2024; | $20.0K | |||
| Additional paid-in capital | $21.3M | $9.4M | ||
| Accumulated deficit | -$18.5M | -$12.7M | ||
| Total Shareholders Equity (Deficit) | $2.8M | -$3.2M | -$3.8M | -$2.8M |
| Total Liabilities and Shareholders Equity (Deficit) | $5.0M | $717.0K | ||
| Accrued expense and other current liabilities | $806.0K | $987.0K | ||
| Ordinary shares, par value | 0.00 ILS | 0.01 ILS | ||
| Ordinary shares, shares authorized | 22.8M shares | 13.3M shares | ||
| Ordinary shares, shares issued | 9.0M shares | 7.4M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.2
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net loss | -$5.9M | -$1.5M | -$1.1M |
| Less: Net loss (income) from discontinued operations | $51.0K | -$20.0K | $46.0K |
| Loss from continuing operations | -$5.8M | -$1.6M | -$1.0M |
| Share-based compensation | $447.0K | $10.0K | $39.0K |
| Change in fair value of convertible securities | $952.0K | $443.0K | -$219.0K |
| Effect of exchange rates | $8.0K | $4.0K | -$13.0K |
| Accrued interest on short-term debt from shareholders | $29.0K | $49.0K | |
| Accrued interest on short-term deposit | -$49.0K | ||
| Prepaid expenses and other current assets | -$370.0K | $88.0K | $12.0K |
| Accounts payable | $152.0K | -$5.0K | -$116.0K |
| Non-cash lease expense | $12.0K | ||
| Operating lease liabilities | -$27.0K | ||
| Accrued expense and other current liabilities | -$182.0K | $322.0K | $271.0K |
| Cash used in operating activities from continuing operations | -$4.9M | -$661.0K | -$982.0K |
| Net cash used in operating activities from discontinued operations | -$56.0K | -$4.0K | -$47.0K |
| Net cash used in operating activities | -$4.9M | -$665.0K | -$1.0M |
| Short-term deposit | -$3.0M | ||
| Purchase of property and equipment | -$14.0K | ||
| Cash used in investing activities from continuing operations | -$3.0M | ||
| Cash used in investing activities | -$3.0M | ||
| Proceeds from issuance of convertible securities (of which $50 and $200 and $100 are with related parties in 2025, 2024 and 2023 respectively) | $435.0K | $1.0M | $995.0K |
| Proceeds from issuance of Ordinary Shares and warrants in an initial public offering, net | $8.5M | ||
| Payments in connection with deferred offering costs | -$230.0K | ||
| Net cash provided by financing activities | $8.9M | $770.0K | $1.1M |
| Cash provided by financing activities | $8.9M | $770.0K | $1.1M |
| Effect of exchange rate changes on cash, cash equivalents and restricted cash | -$8.0K | -$4.0K | $13.0K |
| Net increase (decrease) in cash and cash equivalents | $980.0K | $101.0K | $39.0K |
| Offering cost included in accrued expense and other current liabilities | $55.0K | $30.0K | |
| Operating lease right-of-use assets acquired through lease liability | $145.0K | ||
| Deferred offering costs transferred to additional paid-in-capital | $260.0K | ||
| Conversion of short-term debt from shareholders to 2024 SAFEs | $636.0K | ||
| Conversion of SAFEs into ordinary shares | $3.2M | $2.1M | |
| Short-term debt from shareholders | $60.0K |
No quarter-by-quarter statement was filed.
Corporate structure
Nasus Pharma Ltd sits at the top of its group. 1 entity on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Nasus Pharma Ltd
- BALYASNY ASSET MANAGEMENT L.P. Filed SCHEDULE 13G/A on Nasus Pharma Ltd, latest Aug 14, 2026 (2 filings since May 15, 2026)
- Funicular Funds, LP Filed SCHEDULE 13G on Nasus Pharma Ltd, latest Apr 7, 2026
- Ronnie Hershman Filed SCHEDULE 13G on Nasus Pharma Ltd, latest Nov 13, 2025
- Dalia Megiddo Filed SCHEDULE 13G on Nasus Pharma Ltd, latest Nov 12, 2025
- Udi Gilboa Filed SCHEDULE 13G on Nasus Pharma Ltd, latest Nov 10, 2025
- Capital Point Ltd. Filed SCHEDULE 13G on Nasus Pharma Ltd, latest Aug 20, 2025
- Nasus Pharma Ltd L3
Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Nasus Pharma Ltd reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, net | $14.0K2 Dec 31, 2025 | ||
| Operating-lease assets (leased space) | $135.0K2 Dec 31, 2025 |
Investments
Leadership
Who has led Nasus Pharma Ltd, and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
- Chief executive officerDan Benjamin Teleman Mar 27, 2026 to Jul 31, 20265
- Chief executive officerBrendan P. O'Grady Jul 31, 2026 to now6
- Chief financial officerEyal Rubin Mar 27, 2026 to Sep 23, 20267
- Chief financial officerOren Elmaliah Sep 23, 2026 to now8
Board members and other officers (8)
- Chief Development OfficerDalia Megiddo Mar 27, 2026 to now9
- Board memberDalia Megiddo Mar 27, 2026 to now9
- Board memberDan Benjamin Teleman Mar 27, 2026 to now5
- Board memberDavid Silberman Mar 27, 2026 to now10
- Board memberIsaac Israel Mar 27, 2026 to now11
- Board memberRonnie Hershman Mar 27, 2026 to now12
- Board memberSharon Shacham Mar 27, 2026 to now13
- Board memberBrendan P. O'Grady Jul 31, 2026 to now6
Named in SEC Form D filings
People the company listed in its private-offering notices.
- DirectorUdi Gilboa named Feb 25, 202614
Timeline
Filings
99 filings to the SEC since October 2021: 1 annual reports, 15 insider forms, 7 large holders, 1 private raises, 75 other. The latest 20:
- Oct 8, 20266-K EDGAR
- Sep 23, 20263 EDGAR
- Sep 21, 20264 EDGAR
- Sep 18, 2026424B5 EDGAR
- Sep 18, 20266-K EDGAR
- Sep 14, 20266-K EDGAR
- Sep 11, 2026EFFECT EDGAR
- Sep 4, 20266-K EDGAR
- Sep 1, 2026F-3 EDGAR
- Aug 20, 2026EFFECT EDGAR
- Aug 19, 20266-K EDGAR
- Aug 19, 2026POS AM EDGAR
- Aug 17, 20266-K EDGAR
- Aug 14, 2026SCHEDULE 13G/A EDGAR
- Jul 31, 20263 EDGAR
- Jul 29, 20264 EDGAR
- Jul 28, 20266-K EDGAR
- Jun 22, 20264 EDGAR
- Jun 9, 20266-K EDGAR
- May 26, 2026S-8 EDGAR
The 99 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
3 open-market trades by officers, directors and large owners since October 2021: 3 buys and 0 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Jun 17, 2026 | Teleman Dan BenjaminChief Executive Officer | Buy | 6,550 | $3.10 | $20.3K | Form 4 |
| Apr 22, 2026 | Teleman Dan BenjaminChief Executive Officer | Buy | 2,900 | $3.76 | $10.9K | Form 4 |
| Mar 31, 2026 | Teleman Dan BenjaminChief Executive Officer | Buy | 15,000 | $2.04 | $30.6K | Form 4 |
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- BALYASNY ASSET MANAGEMENT L.P.SCHEDULE 13G/A, 2 filings May 15, 2026 to Aug 14, 202615
- Funicular Funds, LPSCHEDULE 13G, 1 filing Apr 7, 202616
- Ronnie HershmanSCHEDULE 13G, 1 filing Nov 13, 202517
- Dalia MegiddoSCHEDULE 13G, 1 filing Nov 12, 202518
- Udi GilboaSCHEDULE 13G, 1 filing Nov 10, 202519
- Capital Point Ltd.SCHEDULE 13G, 1 filing Aug 20, 202520
Money raised
Private offerings the company reported to the SEC on Form D.
- Feb 10, 2026Raised $15 million in a private offering of equity Form D: 15 investors so far Form D
SEC filer profile
How Nasus Pharma Ltd is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARNasus Pharma Ltd1
- CIK0002029039
- Employer ID (EIN)51-60227121
- Filer statusNon-accelerated filer an emerging growth company; a shell company4
- Incorporated inIsrael4
- Fiscal year endsDecember 311
- Industry code (SIC)2834 Pharmaceutical Preparations1
- SEC reviewing officeOffice of Life Sciences, Division of Corporation Finance1
- Business address29 Harakevet St, Tel Aviv - Yafo, L3 66180031
- Phone972 54-255-39561
- Shares outstanding9,015,383 shares as of Dec 31, 20254
- AuditorBrightman Almagor Zohar & Co, Tel -Aviv, Israel PCAOB ID 1197; it also attests to the company’s internal control over financial reporting4
- On EDGAR sinceAug 30, 20241
- Filings99 in all: 6-K (26), 3 (10), UPLOAD (10), DRS/A (7), DRSLTR (7), SCHEDULE 13G (6), 4 (5), CORRESP (5)1
All 23 form types
EFFECT (5), F-1 (2), F-1/A (2), FWP (2), POS AM (2), 20-F (1), 424B4 (1), 424B5 (1), 8-A12B (1), CERT (1), D (1), DRS (1), F-3 (1), S-8 (1), SCHEDULE 13G/A (1)
- Latest filingsAnnual report (20-F) Mar 25, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Ordinary Shares, no par value | NSRX | NYSE American LLC |
From the cover page of the 20-F filed Mar 25, 2026 (Section 12(b) of the Exchange Act).4
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
- 2
- 3
- 4
- 5
- 6
- 7SEC EDGAREyal Rubin, Chief financial officer
- 8
- 9
- 10SEC EDGARDavid Silberman, Board member
- 11SEC EDGARIsaac Israel, Board member
- 12SEC EDGARRonnie Hershman, Board member
- 13SEC EDGARSharon Shacham, Board member
- 14
- 15
- 16
- 17
- 18
- 19
- 20