NeuroOne FY26 Q2 net loss narrows to $2.1 million; product revenue rises 72% to $2.4 million
NeuroOne Medical Technologies Corporation NMTC | 0.00 |
- NeuroOne Medical Technologies posted fiscal Q2 net loss of $2.1 million, or $0.25 per share, narrowing from a year earlier.
- Product revenue rose 72% year over year to $2.4 million, while product gross profit was $1.3 million and gross margin was 53.8%.
- Operating expenses eased to $3.4 million, with R&D expense at $1.5 million and SG&A expense at $1.9 million.
- Cash and cash equivalents fell to $2.8 million as of March 31, 2026, with working capital at $5.7 million and no debt outstanding.
- Completed 16 OneRF Trigeminal Neuralgia procedures with all patients reportedly pain free; targeted commercial availability of drug delivery system in second half of fiscal 2026 for investigational clinical or animal studies.
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