28 April 2026
Disclaimer: This is a simplified summary of a public company filing. See full disclaimer here.
Aclarion, Inc.
CIK: 1635077•3 Annual Reports•Latest: 2026-03-18
10-K / March 18, 2026
Revenue:$75,730
Income:-$7,233,629
10-K / April 9, 2025
Revenue:$45,724
Income:-$6,992,927
10-K / March 28, 2024
Revenue:$75,404
Income:-$4,911,374
10-K / March 18, 2026
Aclarion, Inc.
Company purpose
Aclarion is a healthcare technology company that uses Magnetic Resonance Spectroscopy (MRS) and proprietary biomarkers to optimize clinical treatments for spine-related pain, with a focus on discogenic low back pain (DLBP) and plans to expand to neck pain.
Core products and technology
- NOCISCAN: Software platform that analyzes MRS data to identify chemical biomarkers in intervertebral discs and reports which discs are consistent with pain.
- NOCICALC: MRS spectral processor that converts raw NOCISCAN data into spectra and performs degeneration/pain biomarker calculations; FDA Class I medical device (registered; 510(k)-exempt).
- NOCIGRAM: Post-processed report and NOCISCORE outputs (0–10 scale) derived from NOCICALC data; marketed as Clinical Decision Support Software under the 21st Century Cures Act (not regulated as a medical device by FDA).
Intellectual property
- Exclusive license from the Regents of the University of California (UC) for key NOCISCAN-related inventions.
- Patent portfolio (as of 12/31/2025): 28 issued U.S. patents, 7 pending U.S. patent applications; 24 granted foreign patents, 12 pending foreign applications.
- Patent families cover signal processing for MRS, diagnostic methods using MRS biomarkers, scanner-related improvements, and future pipeline concepts including AI-enhanced MRS.
- U.S. patent expirations generally range from 2026 to 2037 (subject to extensions and maintenance).
Market scope and opportunity
- The U.S. low back and neck pain market is among the largest healthcare spenders; U.S. LBP/neck pain costs were cited at roughly $134.5 billion (2020 JAMA reference).
- Initial near-term focus is the discogenic LBP market. The initial addressable market for NOCISCAN is the roughly $10 billion in U.S. spine fusion procedures, with potential expansion to an approximately $40 billion market when pre-surgical and conservative therapies are included.
- Practical market barriers include limited deployment of spectroscopy software across MRIs and compatibility with only certain MR scanner models.
Customers and commercial footprint
- RadNet: Three fully operational NOCISCAN imaging centers are owned or operated by RadNet (RadNet operates about 430 outpatient imaging centers nationwide).
- Revenue in the U.S. and U.K. has largely come from direct patient payments and a few payer interactions; in the U.K., three insurers reimburse the NOCISCAN scan.
- In Q1 2025, Aclarion engaged its first customer using Philips MRS capabilities on the NOCISCAN platform, expanding beyond Siemens compatibility.
- Alphatec Spine (ATEC) is a strategic partner with a co-marketing and distribution framework to evaluate NOCISCAN with select surgeon networks and potentially extend access via Alphatec’s channels.
People
- As of December 31, 2025: 10 full-time employees, 1 part-time employee, 1 full-time consultant, and 2 part-time consultants.
- As of January 1, 2026: 11 total employees across R&D, strategy/business development, and administration.
Regulatory status
- United States
- NOCICALC: Class I, 510(k)-exempt device (FDA registered).
- NOCIGRAM: Positioned as Clinical Decision Support Software under the 21st Century Cures Act (not regulated as a medical device by FDA).
- European Union / United Kingdom
- NOCISCAN is CE-marked as Class I (self-certified under the previous Medical Devices Directive); transition to MDR classification as Class IIa with Notified Body review planned prior to December 31, 2028.
- Brexit implications apply; the UK market is transitioning to UKCA/UK regulatory pathways.
- Privacy and data handling: Subject to HIPAA, GDPR, and related privacy/security regulations; data processing and cross-border transfers are a compliance focus.
Reimbursement and codes
- U.S. CPT codes: Four Category III CPT codes were established in 2021 for MRS-based intervertebral disc assessment (0609T, 0610T, 0611T, 0612T). These are temporary codes that the company seeks to convert to Category I via evidence from registries and trials (e.g., CLARITY Trial).
- The company is pursuing payer coverage, CPT code conversion, and potential APG/industry reimbursement pathways; current revenue relies on patient payments and U.K. payer arrangements.
Pipeline, R&D, and clinical evidence
- Gornet Study (published 2019, European Spine Journal) showed high correlation between discs identified as painful by NOCISCAN and improved surgical outcomes when those discs were treated; two-year outcomes (April 2023) showed durable improvements when identified discs were treated.
- CLARITY Trial and additional studies are planned to support reimbursement and potential label expansions.
- R&D priorities include AI/machine learning integration, expansion to cervical discs, integration with regenerative and cell therapies, and broader pain management pathways.
Partnerships and strategic relationships
- Siemens: Longstanding collaboration since 2017 covering joint development and potential commercial integration, with termination rights for either party.
- Philips: Collaboration began in 2025 to extend MRS capability beyond Siemens-compatible scanners.
- RadNet: Operates three NOCISCAN-enabled imaging centers, providing a pathway to scale in the U.S. outpatient imaging market.
- Alphatec Spine (ATEC): Strategic partnership announced January 2024, including potential exclusive distribution rights and integration with Alphatec’s ecosystem.
Financial runway and funding
- Company-stated cash resources are sufficient to fund operating plans into the first quarter of 2028.
- Public financing activity: IPO occurred in April 2022. An indexed milestone payment related to the UC license was paid May 2, 2022 ($123,828).
- Further capital may be needed to support expansion, clinical studies, payer negotiations, and scaling operations.
Operations
- The company operates with a single operating segment.
- Business model combines software products (NOCICALC/NOCIGRAM) with service relationships involving MR scanner owners/operators and imaging centers.
- Management emphasizes ongoing data collection and registry-building (clinical registries and CLARITY) to train models and demonstrate clinical and economic value.
Location and contact
- Headquarters: 8181 Arista Place, Suite 100, Broomfield, Colorado 80021.
- Website: www.aclarion.com
