Record Product Sales Growth
NeuroOne Medical Technologies Corporation achieved record product sales growth of 163% to $9.1 million for fiscal year 2025, and a 907% increase in the fourth quarter to $2.7 million.
Improved Gross Margins and Reduced Operating Expenses
Product gross margins improved to 56.5% for the full fiscal year 2025, and operating expenses decreased by 5% for the year.
Successful FDA Clearance and Product Developments
Received FDA 510(k) clearance for the OneRF trigeminal nerve ablation system and advanced development of spinal cord stimulation electrodes for lower back pain.
Successful Capital Raise and Strengthened Financial Position
Raised $8.2 million in capital and ended fiscal year 2025 with $6.6 million in cash and cash equivalents, funding the company through at least fiscal 2026.
Strategic Partnerships and Expansions
Expanded exclusive distribution agreement with Zimmer Biomet and initiated new product development programs for basivertebral nerve ablation.