NMTC
NMTC
NeuroOne Medical Technologies CorporationIncome Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q1-2026 | $2.89M ▲ | $3.28M ▲ | $-1.44M ▲ | -49.71% ▲ | $-0.03 ▲ | $-1.64M ▼ |
| Q4-2025 | $2.74M ▲ | $2.9M ▲ | $-1.62M ▼ | -59.08% ▲ | $-0.04 ▼ | $-1.55M ▼ |
| Q3-2025 | $1.7M ▲ | $2.8M ▼ | $-1.5M ▲ | -88.49% ▲ | $-0.03 ▲ | $-1.42M ▲ |
| Q2-2025 | $1.39M ▼ | $3.45M ▲ | $-2.27M ▼ | -163.76% ▼ | $-0.07 ▼ | $-2.2M ▼ |
| Q1-2025 | $3.27M | $215.68K | $1.79M | 54.53% | $0.06 | $2.18M |
What's going well?
Revenue is growing steadily, and the net loss is smaller than last quarter. Gross margins are stable, and there are no big one-time charges distorting results.
What's concerning?
Operating losses are getting worse, expenses are rising faster than revenue, and a big jump in share count is diluting shareholders. The company is still far from profitability.
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q1-2026 | $3.56M ▼ | $8.58M ▼ | $2.18M ▼ | $6.4M ▼ |
| Q4-2025 | $6.57M ▼ | $10.79M ▼ | $3.71M ▲ | $7.07M ▼ |
| Q3-2025 | $8.04M ▲ | $10.82M ▲ | $2.64M ▼ | $8.18M ▲ |
| Q2-2025 | $1.32M ▲ | $4.46M ▼ | $3.33M ▼ | $1.13M ▼ |
| Q1-2025 | $1.13M | $6.49M | $3.56M | $2.94M |
What's financially strong about this company?
The company has very little debt, lots of liquid assets, and no risky goodwill or hidden obligations. They can easily pay their bills and have a clean, high-quality asset base.
What are the financial risks or weaknesses?
Cash reserves dropped sharply this quarter, and receivables are piling up, which could signal collection problems. The company has a long history of losses, as shown by large negative retained earnings.
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q1-2026 | $-1.44M ▲ | $-3.12M ▼ | $-40.75K ▼ | $147.82K ▲ | $-3.01M ▼ | $-3.16M ▼ |
| Q4-2025 | $-1.62M ▼ | $-1.53M ▼ | $-10.61K ▲ | $66.98K ▼ | $-1.47M ▼ | $-1.54M ▼ |
| Q3-2025 | $-1.5M ▲ | $-1.46M ▼ | $-43.55K ▼ | $8.23M ▲ | $6.72M ▲ | $-1.51M ▼ |
| Q2-2025 | $-2.27M ▼ | $-56.14K ▼ | $-3.17K ▲ | $245.22K ▲ | $185.9K ▲ | $-59.31K ▼ |
| Q1-2025 | $1.79M | $208.05K | $-24.42K | $-509.32K | $-325.69K | $183.63K |
What's strong about this company's cash flow?
The company is not taking on debt and capital spending is low, so it's not overextending itself on big projects. Stock-based compensation is steady, not rising.
What are the cash flow concerns?
Cash burn has doubled in one quarter, working capital is draining cash, and the company will run out of money soon unless it raises more. Shareholder dilution is ongoing.
Q1 2026 Earnings Call Summary
Read Call Summary5-Year Trend Analysis
A comprehensive look at NeuroOne Medical Technologies Corporation's financial evolution and strategic trajectory over the past five years.
NeuroOne combines explosive recent revenue growth with improving margins and much lower cash burn, signaling progress toward a more scalable business model. The balance sheet is currently supported by strong liquidity and low debt, giving management room to pursue its strategy. On the strategic side, the company benefits from a clearly differentiated technology platform, strong clinical roots, key FDA clearances, and a powerful distribution partnership with Zimmer Biomet. Its pipeline spans multiple neurological and pain indications, offering diversified potential growth paths from a single core technology.
The company remains loss‑making with negative free cash flow and a history of accumulating deficits, making it dependent on external capital to fund operations and R&D. Results across the balance sheet and cash flow statement have been volatile, reflecting sensitivity to capital markets and execution. Competitive pressure from large, entrenched medtech players, along with regulatory, reimbursement, and adoption risks, could slow or limit commercialization. Dependence on a single major commercial partner adds concentration risk, and any setback in clinical outcomes, regulatory processes, or IP protection could materially impact the story.
NeuroOne’s overall outlook is that of a high‑risk, innovation‑driven medtech company transitioning from development to commercialization. Financial trends are moving in a favorable direction, with rapid sales growth and improving margins helping to narrow losses and reduce cash burn. The future trajectory will be shaped by the pace of clinical adoption of its thin‑film electrodes and OneRF system, the success of pipeline programs in pain and other neurological indications, and the durability of its partnership with Zimmer Biomet. If these elements fall into place, the company could evolve into a more self‑sustaining, higher‑margin platform business, but the path remains uncertain and execution‑dependent.
About NeuroOne Medical Technologies Corporation
https://n1mtc.comNeuroOne Medical Technologies Corporation operates as a medical technology company.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q1-2026 | $2.89M ▲ | $3.28M ▲ | $-1.44M ▲ | -49.71% ▲ | $-0.03 ▲ | $-1.64M ▼ |
| Q4-2025 | $2.74M ▲ | $2.9M ▲ | $-1.62M ▼ | -59.08% ▲ | $-0.04 ▼ | $-1.55M ▼ |
| Q3-2025 | $1.7M ▲ | $2.8M ▼ | $-1.5M ▲ | -88.49% ▲ | $-0.03 ▲ | $-1.42M ▲ |
| Q2-2025 | $1.39M ▼ | $3.45M ▲ | $-2.27M ▼ | -163.76% ▼ | $-0.07 ▼ | $-2.2M ▼ |
| Q1-2025 | $3.27M | $215.68K | $1.79M | 54.53% | $0.06 | $2.18M |
What's going well?
Revenue is growing steadily, and the net loss is smaller than last quarter. Gross margins are stable, and there are no big one-time charges distorting results.
What's concerning?
Operating losses are getting worse, expenses are rising faster than revenue, and a big jump in share count is diluting shareholders. The company is still far from profitability.
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q1-2026 | $3.56M ▼ | $8.58M ▼ | $2.18M ▼ | $6.4M ▼ |
| Q4-2025 | $6.57M ▼ | $10.79M ▼ | $3.71M ▲ | $7.07M ▼ |
| Q3-2025 | $8.04M ▲ | $10.82M ▲ | $2.64M ▼ | $8.18M ▲ |
| Q2-2025 | $1.32M ▲ | $4.46M ▼ | $3.33M ▼ | $1.13M ▼ |
| Q1-2025 | $1.13M | $6.49M | $3.56M | $2.94M |
What's financially strong about this company?
The company has very little debt, lots of liquid assets, and no risky goodwill or hidden obligations. They can easily pay their bills and have a clean, high-quality asset base.
What are the financial risks or weaknesses?
Cash reserves dropped sharply this quarter, and receivables are piling up, which could signal collection problems. The company has a long history of losses, as shown by large negative retained earnings.
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q1-2026 | $-1.44M ▲ | $-3.12M ▼ | $-40.75K ▼ | $147.82K ▲ | $-3.01M ▼ | $-3.16M ▼ |
| Q4-2025 | $-1.62M ▼ | $-1.53M ▼ | $-10.61K ▲ | $66.98K ▼ | $-1.47M ▼ | $-1.54M ▼ |
| Q3-2025 | $-1.5M ▲ | $-1.46M ▼ | $-43.55K ▼ | $8.23M ▲ | $6.72M ▲ | $-1.51M ▼ |
| Q2-2025 | $-2.27M ▼ | $-56.14K ▼ | $-3.17K ▲ | $245.22K ▲ | $185.9K ▲ | $-59.31K ▼ |
| Q1-2025 | $1.79M | $208.05K | $-24.42K | $-509.32K | $-325.69K | $183.63K |
What's strong about this company's cash flow?
The company is not taking on debt and capital spending is low, so it's not overextending itself on big projects. Stock-based compensation is steady, not rising.
What are the cash flow concerns?
Cash burn has doubled in one quarter, working capital is draining cash, and the company will run out of money soon unless it raises more. Shareholder dilution is ongoing.
Q1 2026 Earnings Call Summary
Read Call Summary5-Year Trend Analysis
A comprehensive look at NeuroOne Medical Technologies Corporation's financial evolution and strategic trajectory over the past five years.
NeuroOne combines explosive recent revenue growth with improving margins and much lower cash burn, signaling progress toward a more scalable business model. The balance sheet is currently supported by strong liquidity and low debt, giving management room to pursue its strategy. On the strategic side, the company benefits from a clearly differentiated technology platform, strong clinical roots, key FDA clearances, and a powerful distribution partnership with Zimmer Biomet. Its pipeline spans multiple neurological and pain indications, offering diversified potential growth paths from a single core technology.
The company remains loss‑making with negative free cash flow and a history of accumulating deficits, making it dependent on external capital to fund operations and R&D. Results across the balance sheet and cash flow statement have been volatile, reflecting sensitivity to capital markets and execution. Competitive pressure from large, entrenched medtech players, along with regulatory, reimbursement, and adoption risks, could slow or limit commercialization. Dependence on a single major commercial partner adds concentration risk, and any setback in clinical outcomes, regulatory processes, or IP protection could materially impact the story.
NeuroOne’s overall outlook is that of a high‑risk, innovation‑driven medtech company transitioning from development to commercialization. Financial trends are moving in a favorable direction, with rapid sales growth and improving margins helping to narrow losses and reduce cash burn. The future trajectory will be shaped by the pace of clinical adoption of its thin‑film electrodes and OneRF system, the success of pipeline programs in pain and other neurological indications, and the durability of its partnership with Zimmer Biomet. If these elements fall into place, the company could evolve into a more self‑sustaining, higher‑margin platform business, but the path remains uncertain and execution‑dependent.

CEO
David A. Rosa
Compensation Summary
(Year 2024)
Upcoming Earnings
Split Record
| Date | Type | Ratio |
|---|---|---|
| 2021-04-01 | Reverse | 1:3 |
ETFs Holding This Stock
Summary
Showing Top 1 of 10
Ratings Snapshot
Rating : C-
Price Target
Institutional Ownership
BLEICHROEDER LP
Shares:4M
Value:$2.68M
SIO CAPITAL MANAGEMENT, LLC
Shares:2.36M
Value:$1.58M
BARD ASSOCIATES INC
Shares:1.85M
Value:$1.24M
Summary
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