May. 15 at 9:15 PM
$NMTC Well, the earnings report came out.
Did the share price go flying up as hoped for?
WHY NOT?
WHY is it BELOW the
$4.44 reverse split price?
NeuroOne's cash and cash equivalents decreased to
$2.8M as of March 31, 2026, from
$6.6M as of September 30, 2025. Working capital also declined to
$5.7M as of March 31, 2026, compared to
$7.9M previously.
NeuroOne reported no license revenue in the second quarter or first six months of fiscal 2026. This compares to license revenue of
$3M in the first six months of fiscal 2025.
NeuroOne's accumulated deficit increased to -
$82.13M as of March 31, 2026, from -
$78.61M as of September 30, 2025. The net loss for the six months ended March 31, 2026, was
$3.5M, an increase from
$500K in the prior year period.
GO NeuroOne - RAH RAH RAH
Go NeuroOne - deflect and look at the shiny object over here.
What a Clown Show.