Analog-to-digital converters (ADCs) are key components of digital signal processing. Classical samplers in this framework are controlled by a global clock. At high sampling rates, clocks are expensive and power-hungry, thus increasing the cost and energy consumption of ADCs. It is, therefore, desirable to sample using a clock-less ADC at the lowest possible rate. An integrate-and-fire time-encoding machine (IF-TEM) is a timebased power-efficient asynchronous design that is not synced to a global clock. Finite-rate-of-innovation (FRI) signals, ubiquitous in various applications, have fewer degrees of freedom than the signal's Nyquist rate, enabling sub-Nyquist sampling signal models. This work proposes a power-efficient IF-TEM ADC architecture and demonstrates sub-Nyquist sampling and FRI signal recovery. Using an IF-TEM, we implement in hardware the first sub-Nyquist time-based sampler. We offer a feasible approach for accurately estimating the FRI parameters from IF-TEM data. The suggested hardware and reconstruction approach retrieves FRI parameters with an error of up to -25dB while operating at rates approximately 10 times lower than the Nyquist rate, paving the way to low-power ADC architectures.Index Terms-Brain-inspired computing, analog-to-digital conversion (ADC), time-based sampling hardware, integrate and fire TEM (IF-TEM), sub-Nyquist sampling, finite-rate-of innovation (FRI) signals.