Full Press Release Details
NeuroOne Announces Preliminary Unaudited Product
Revenue Growth of 163% to Record $9.1 Million, Invitation to
Join Virtual Investor Webinar Tomorrow at 8:30am EST
EDEN PRAIRIE, Minn., October 6, 2025 --
NeuroOne Medical Technologies Corporation (Nasdaq: NMTC) ("NeuroOne" or the "Company"), a medical technology company
focused on improving surgical care options and outcomes for patients suffering from neurological disorders, today announced preliminary
unaudited product revenue for the fiscal year ended September 30, 2025.
The Company expects total product revenue in fiscal
year 2025 to increase to a record $9.1 million, compared to $3.5 million in fiscal 2024. Additionally, as of September 30, 2025, the Company
had preliminary cash and cash equivalents of $6.6 million.
"Our 2025 revenue growth was driven by expanded
customer interest and positive outcomes with the OneRF Ablation system for patients suffering with seizures associated with epilepsy,"
says Dave Rosa, Chief Executive Officer of NeuroOne. "We believe we are well positioned to expand use of the OneRF technology platform."
Complete financial results for the quarter are
expected to be announced in December 2025. The selected unaudited results in this press release are preliminary and subject to the completion
of accounting and interim review procedures and are therefore subject to adjustment. This preliminary financial information is the responsibility
of management and has been prepared in good faith on a consistent basis with prior periods. As a result, prospective investors should
exercise caution in relying on this information and should not draw any inferences from this information regarding the Company's
financial information that is not provided. This preliminary financial information should not be viewed as a substitute for full financial
statements prepared in accordance with United States generally accepted accounting principles.
Virtual Investor Webinar
The Company will host a virtual investor webinar
tomorrow to discuss its business operations and recent updates. Dave Rosa, Chief Executive Officer of NeuroOne, will provide an overview
of the business model and discuss recent milestone achievements. Ron McClurg, Chief Financial Officer, will provide a financial overview.
The webcast will be accompanied by a presentation
and followed by a question-and-answer session, which can be accessed via the webcast link or dial-in numbers below.
Date: Tuesday, October 7, 2025
Time: 8:30 a.m. Eastern Standard Time
U.S. Dial-In (Toll Free): 888-506-0062
International Dial-In: 973-528-0011
Virtual Webinar Link
Please join at least five minutes before the start
of the call to ensure timely participation.
A playback of the call will be available through
October 21, 2025. To listen, please call 877-481-4010 within the United States or 919-882-2331 when calling internationally, using replay
NeuroOne Medical Technologies
Corporation (Nasdaq: NMTC) is developing and commercializing minimally invasive and hi-definition solutions for EEG recording, brain stimulation
and ablation solutions for patients suffering from epilepsy, Parkinson's disease, dystonia, essential tremors, chronic pain due
to failed back surgeries and other related neurological disorders that may improve patient outcomes and reduce procedural costs. The Company
may also pursue applications for other areas such as depression, mood disorders, pain, incontinence, high blood pressure, and artificial
intelligence. For more information, visit nmtc1.com.
Forward Looking Statements
This press release may include forward-looking
statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act
of 1934, as amended. Except for statements of historical fact, any information contained in this press release may be a forward-looking
statement that reflects NeuroOne's current views about future events and are subject to known and unknown risks, uncertainties and
other factors that may cause our actual results, levels of activity, performance or achievements to be materially different from the information
expressed or implied by these forward-looking statements. In some cases, you can identify forward-looking statements by the words
or phrases "may," "might," "will," "could," "would," "should,"
"expect," "intend," "plan," "forecasts," "objective," "anticipate,"
"believe," "estimate," "predict," "project," "potential," "target,"
"seek," "contemplate," "continue, "focused on," "committed to" and "ongoing,"
or the negative of these terms, or other comparable terminology intended to identify statements about the future. Forward-looking
statements may include statements regarding fiscal year 2025 product revenue, and other financial and operating information. Although
NeuroOne believes that we have a reasonable basis for each forward-looking statement, we caution you that these statements are based on
a combination of facts and factors currently known by us and our expectations of the future, about which we cannot be certain. Our actual
future results may be materially different from what we expect due to factors largely outside our control, including risks that our strategic
partnerships may not facilitate the commercialization or market acceptance of our technology whether due to supply chain disruptions,
labor shortages or otherwise risks that our technology will not perform as expected based on results of our pre-clinical and clinical
trials risks related to uncertainties associated with the Company's capital requirements to achieve its business objectives
and ability to raise additional funds; the risk that we may not be able to secure or retain coverage or adequate reimbursement for our
technology uncertainties inherent in the development process of our technology risks related to changes in regulatory requirements
or decisions of regulatory authorities that we may not have accurately estimated the size and growth potential of the markets for
our technology risks relate to clinical trial patient enrollment and the results of clinical trials that we may be unable
to protect our intellectual property rights and other risks, uncertainties and assumptions, including those described under the
heading "Risk Factors" in our filings with the Securities and Exchange Commission. These forward-looking statements
speak only as of the date of this press release and NeuroOne undertakes no obligation to revise or update any forward-looking statements
for any reason, even if new information becomes available in the future.
Caution: Federal law restricts this device to sale by or on the order
MZ Group - MZ North America