This page shows Neuroone Med Technologies Corp (NMTC) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 16 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Commercial traction is finally shrinking the burn, but equity financing still supplies the cash that operations do not.
From FY2023 to FY2025, gross margin expanded from23.4% to56.5% , showing the sales ramp is arriving with much better unit economics instead of simply more volume at the same loss profile. At the same time, operating cash burn improved from-$12.9M to-$2.8M , so the narrower loss is being matched by real cash improvement rather than accounting presentation alone.
The balance sheet is acting as a financing buffer: cash was
Because capital spending was only
Financial Health Signals
Scored against emerging companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Neuroone Med Technologies Corp's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Neuroone Med Technologies Corp scores -5.90, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($23.9M) relative to total liabilities ($3.7M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Neuroone Med Technologies Corp passes 6 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 2 of 4 profitability signals pass, all 2 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, Neuroone Med Technologies Corp generates $0.79 in operating cash flow (-$2.8M OCF vs -$3.6M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Key Financial Metrics
Earnings & Revenue
Neuroone Med Technologies Corp generated $9.1M in revenue in fiscal year 2025. This represents an increase of 163.5% from the prior year.
Neuroone Med Technologies Corp's EBITDA was -$4.0M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 65.9% from the prior year.
Neuroone Med Technologies Corp reported -$3.6M in net income in fiscal year 2025. This represents an increase of 70.7% from the prior year.
Neuroone Med Technologies Corp earned $-0.09 per diluted share (EPS) in fiscal year 2025.
Cash & Balance Sheet
Neuroone Med Technologies Corp generated -$2.9M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 73.8% from the prior year.
Neuroone Med Technologies Corp held $6.6M in cash against $0 in long-term debt as of fiscal year 2025.
Neuroone Med Technologies Corp had 8M shares outstanding in fiscal year 2025.
Margins & Returns
Neuroone Med Technologies Corp's gross margin was 56.5% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 25.2 percentage points from the prior year.
Neuroone Med Technologies Corp's operating margin was -46.5% in fiscal year 2025, reflecting core business profitability. This is up 297.8 percentage points from the prior year.
Neuroone Med Technologies Corp's net profit margin was -39.6% in fiscal year 2025, showing the share of revenue converted to profit. This is up 317.1 percentage points from the prior year.
Neuroone Med Technologies Corp's ROE was -51.0% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 1447.5 percentage points from the prior year.
Capital Allocation
Neuroone Med Technologies Corp invested $5.0M in research and development in fiscal year 2025. This represents a decrease of 1.6% from the prior year.
Neuroone Med Technologies Corp invested $82K in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 32.0% from the prior year.
NMTC Income Statement
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.9M-35.6% | $2.9M+5.5% | $2.7M+61.6% | $1.7M+22.3% | $1.4M-57.7% | $3.3M+1102.5% | $272K-67.0% | $826K |
| Cost of Revenue | $872K-34.2% | $1.3M+9.3% | $1.2M+55.2% | $781K+26.9% | $615K-54.3% | $1.3M+926.7% | $131K-75.9% | $544K |
| Gross Profit | $990K-36.8% | $1.6M+2.6% | $1.5M+67.1% | $915K+18.6% | $771K-60.0% | $1.9M+1266.0% | $141K-50.0% | $282K |
| R&D Expenses | $1.5M+5.6% | $1.4M+24.3% | $1.1M-5.5% | $1.2M-21.7% | $1.5M+28.9% | $1.2M+5.3% | $1.1M-6.8% | $1.2M |
| SG&A Expenses | $1.9M+1.8% | $1.9M+5.8% | $1.8M+10.1% | $1.6M-16.6% | $1.9M-5.0% | $2.0M+10.8% | $1.8M-2.0% | $1.9M |
| Operating Income | -$2.4M-40.4% | -$1.7M-24.5% | -$1.4M+27.3% | -$1.9M+29.6% | -$2.7M-256.6% | $1.7M+160.8% | -$2.8M-0.8% | -$2.8M |
| Interest Expense | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Income Tax | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Income | -$2.4M-65.7% | -$1.4M+11.2% | -$1.6M-7.9% | -$1.5M+33.9% | -$2.3M-227.2% | $1.8M+153.3% | -$3.4M-21.1% | -$2.8M |
| EPS (Diluted) | $-0.28 | $-0.03 | N/A | $-0.03+93.2% | $-0.44-833.3% | $0.06 | N/A | $-0.10 |
NMTC Balance Sheet
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $7.6M-11.8% | $8.6M-20.5% | $10.8M-0.3% | $10.8M+142.8% | $4.5M-31.4% | $6.5M+20.9% | $5.4M+9.3% | $4.9M |
| Current Assets | $7.1M-11.9% | $8.1M-21.1% | $10.2M+0.5% | $10.2M+170.9% | $3.8M-34.3% | $5.7M+23.3% | $4.6M+13.4% | $4.1M |
| Cash & Equivalents | $2.8M-21.3% | $3.6M-45.8% | $6.6M-18.3% | $8.0M+509.0% | $1.3M+16.4% | $1.1M-22.3% | $1.5M-9.9% | $1.6M |
| Inventory | $2.1M+26.0% | $1.7M-25.2% | $2.2M+17.3% | $1.9M+3.4% | $1.8M-5.0% | $1.9M-26.7% | $2.6M+46.9% | $1.8M |
| Accounts Receivable | $1.9M-28.7% | $2.7M+110.5% | $1.3M | N/A | $319K-86.5% | $2.4M+1241.1% | $177K-57.0% | $411K |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $2.5M+14.5% | $2.2M-41.4% | $3.7M+40.5% | $2.6M-20.7% | $3.3M-6.4% | $3.6M-21.7% | $4.5M+139.3% | $1.9M |
| Current Liabilities | $1.7M+34.2% | $1.3M-45.4% | $2.3M+61.5% | $1.4M-19.1% | $1.8M+12.2% | $1.6M-29.0% | $2.2M+30.9% | $1.7M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $5.1M-20.7% | $6.4M-9.5% | $7.1M-13.5% | $8.2M+626.3% | $1.1M-61.6% | $2.9M+257.1% | $822K-72.7% | $3.0M |
| Retained Earnings | -$82.4M-3.0% | -$80.0M-1.8% | -$78.6M-2.1% | -$77.0M-2.0% | -$75.5M-3.1% | -$73.2M+2.4% | -$75.0M-4.7% | -$71.7M |
NMTC Cash Flow Statement
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$1.3M+57.4% | -$3.1M-104.2% | -$1.5M-4.2% | -$1.5M-2506.7% | -$56K-127.0% | $208K+107.8% | -$2.7M-13.0% | -$2.4M |
| Capital Expenditures | $39K-5.5% | $41K+284.2% | $11K-75.6% | $44K+1273.3% | $3K-87.0% | $24K-33.8% | $37K+149.3% | $15K |
| Free Cash Flow | -$1.4M+56.7% | -$3.2M-105.5% | -$1.5M-1.9% | -$1.5M-2440.8% | -$59K-132.3% | $184K+106.8% | -$2.7M-13.8% | -$2.4M |
| Investing Cash Flow | -$39K+5.5% | -$41K-284.2% | -$11K+75.6% | -$44K-1273.3% | -$3K+87.0% | -$24K+33.8% | -$37K-149.3% | -$15K |
| Financing Cash Flow | $610K+312.4% | $148K+120.7% | $67K-99.2% | $8.2M+3254.8% | $245K+148.1% | -$509K-120.0% | $2.5M+63.0% | $1.6M |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
NMTC Financial Ratios
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 53.2%-1.0pp | 54.2%-1.6pp | 55.8%+1.8pp | 53.9%-1.7pp | 55.6%-3.2pp | 58.9%+7.0pp | 51.8%+17.7pp | 34.1% |
| Operating Margin | -128.7%-69.7pp | -59.0%-9.0pp | -50.0%+61.2pp | -111.2%+82.1pp | -193.3%-245.5pp | 52.3%+1086.7pp | -1034.5%-696.1pp | -338.3% |
| Net Margin | -127.9%-78.2pp | -49.7%+9.4pp | -59.1%+29.4pp | -88.5%+75.3pp | -163.8%-218.3pp | 54.5%+1285.1pp | -1230.5%-895.4pp | -335.1% |
| Return on Equity | -46.9%-24.5pp | -22.5%+0.4pp | -22.9%-4.5pp | -18.4%+183.3pp | -201.7%-262.5pp | 60.8%+468.4pp | -407.6%-315.7pp | -91.9% |
| Return on Assets | -31.5%-14.7pp | -16.8%-1.7pp | -15.0%-1.1pp | -13.9%+37.1pp | -50.9%-78.4pp | 27.5%+89.9pp | -62.4%-6.1pp | -56.3% |
| Current Ratio | 4.21-2.2 | 6.41+2.0 | 4.44-2.7 | 7.13+5.0 | 2.13-1.5 | 3.64+1.5 | 2.09-0.3 | 2.42 |
| Debt-to-Equity | 0.49+0.2 | 0.34-0.2 | 0.53+0.2 | 0.32-2.6 | 2.96+1.7 | 1.21-4.3 | 5.53+4.9 | 0.63 |
| FCF Margin | -73.4%+35.7pp | -109.1%-53.1pp | -56.0%+32.8pp | -88.9%-84.6pp | -4.3%-9.9pp | 5.6%+998.6pp | -993.0%-705.4pp | -287.6% |
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Frequently Asked Questions
What is Neuroone Med Technologies Corp's annual revenue?
Neuroone Med Technologies Corp (NMTC) reported $9.1M in total revenue for fiscal year 2025. This represents a 163.5% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Neuroone Med Technologies Corp's revenue growing?
Neuroone Med Technologies Corp (NMTC) revenue grew by 163.5% year-over-year, from $3.5M to $9.1M in fiscal year 2025.
Is Neuroone Med Technologies Corp profitable?
No, Neuroone Med Technologies Corp (NMTC) reported a net income of -$3.6M in fiscal year 2025, with a net profit margin of -39.6%.
What is Neuroone Med Technologies Corp's EBITDA?
Neuroone Med Technologies Corp (NMTC) had EBITDA of -$4.0M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Neuroone Med Technologies Corp's gross margin?
Neuroone Med Technologies Corp (NMTC) had a gross margin of 56.5% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Neuroone Med Technologies Corp's operating margin?
Neuroone Med Technologies Corp (NMTC) had an operating margin of -46.5% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Neuroone Med Technologies Corp's net profit margin?
Neuroone Med Technologies Corp (NMTC) had a net profit margin of -39.6% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Neuroone Med Technologies Corp's return on equity (ROE)?
Neuroone Med Technologies Corp (NMTC) has a return on equity of -51.0% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Neuroone Med Technologies Corp's free cash flow?
Neuroone Med Technologies Corp (NMTC) generated -$2.9M in free cash flow during fiscal year 2025. This represents a 73.8% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Neuroone Med Technologies Corp's operating cash flow?
Neuroone Med Technologies Corp (NMTC) generated -$2.8M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Neuroone Med Technologies Corp's total assets?
Neuroone Med Technologies Corp (NMTC) had $10.8M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Neuroone Med Technologies Corp's capital expenditures?
Neuroone Med Technologies Corp (NMTC) invested $82K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does Neuroone Med Technologies Corp spend on research and development?
Neuroone Med Technologies Corp (NMTC) invested $5.0M in research and development during fiscal year 2025.
What is Neuroone Med Technologies Corp's current ratio?
Neuroone Med Technologies Corp (NMTC) had a current ratio of 4.44 as of fiscal year 2025, which is generally considered healthy.
What is Neuroone Med Technologies Corp's debt-to-equity ratio?
Neuroone Med Technologies Corp (NMTC) had a debt-to-equity ratio of 0.53 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Neuroone Med Technologies Corp's return on assets (ROA)?
Neuroone Med Technologies Corp (NMTC) had a return on assets of -33.4% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Neuroone Med Technologies Corp's cash runway?
Based on fiscal year 2025 data, Neuroone Med Technologies Corp (NMTC) had $6.6M in cash against an annual operating cash burn of $2.8M. This gives an estimated cash runway of approximately 28 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
What is Neuroone Med Technologies Corp's Altman Z-Score?
Neuroone Med Technologies Corp (NMTC) has an Altman Z-Score of -5.90, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Neuroone Med Technologies Corp's Piotroski F-Score?
Neuroone Med Technologies Corp (NMTC) has a Piotroski F-Score of 6 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Neuroone Med Technologies Corp's earnings high quality?
Neuroone Med Technologies Corp (NMTC) has an earnings quality ratio of 0.79x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Neuroone Med Technologies Corp?
Neuroone Med Technologies Corp (NMTC) scores 80 out of 100 on our Financial Health Score, indicating strong standing within its emerging companies peer group. The score is a 0-100 composite of six dimensions (Cash Runway, Dilution, R&D Intensity, Revenue Progress, Burn Trend, Balance Sheet), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.