2024 Q4 Form 10-K Financial Statement

#000121390024109524 Filed on December 17, 2024

View on sec.gov

Income Statement

Concept 2024 Q4 2024 Q3 2024
Revenue $3.453M
YoY Change 76.86%
Cost Of Revenue $2.373M
YoY Change 58.65%
Gross Profit $1.080M
YoY Change 136.5%
Gross Profit Margin 31.27%
Selling, General & Admin $7.902M
YoY Change 14.08%
% of Gross Profit 731.86%
Research & Development $5.065M
YoY Change -27.02%
% of Gross Profit 469.14%
Depreciation & Amortization $224.5K
YoY Change 12.65%
% of Gross Profit 20.79%
Operating Expenses $12.97M
YoY Change -6.49%
Operating Profit -$11.89M
YoY Change -0.57%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net $125.2K
YoY Change 30.72%
Pretax Income -$12.32M
YoY Change 3.87%
Income Tax
% Of Pretax Income
Net Earnings -$12.32M
YoY Change 3.87%
Net Earnings / Revenue -356.74%
Basic Earnings Per Share -$0.46
Diluted Earnings Per Share -$0.46
COMMON SHARES
Basic Shares Outstanding 30.84M shares 30.81M shares 26.76M shares
Diluted Shares Outstanding 26.76M shares

Balance Sheet

Concept 2024 Q4 2024 Q3 2024
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $1.460M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory $2.635M
Prepaid Expenses
Receivables $176.6K
Other Receivables
Total Short-Term Assets $4.631M
YoY Change -36.67%
LONG-TERM ASSETS
Property, Plant & Equipment $416.8K
YoY Change -20.72%
Goodwill
YoY Change
Intangibles $67.26K
YoY Change -24.91%
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets $739.0K
YoY Change -5.78%
TOTAL ASSETS
Total Short-Term Assets $4.631M
Total Long-Term Assets $739.0K
Total Assets $5.370M
YoY Change -33.68%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.029M
YoY Change 50.23%
Accrued Expenses $1.184M
YoY Change 6.91%
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $2.213M
YoY Change 23.46%
LONG-TERM LIABILITIES
Long-Term Debt
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $2.213M
Total Long-Term Liabilities
Total Liabilities $4.548M
YoY Change 146.11%
SHAREHOLDERS EQUITY
Retained Earnings -$75.00M
YoY Change 19.64%
Common Stock $30.82K
YoY Change 28.78%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $822.0K
YoY Change
Total Liabilities & Shareholders Equity $5.370M
YoY Change -33.68%

Cashflow Statement

Concept 2024 Q4 2024 Q3 2024
OPERATING ACTIVITIES
Net Income -$12.32M
YoY Change 3.87%
Depreciation, Depletion And Amortization $224.5K
YoY Change 12.65%
Cash From Operating Activities -$11.01M
YoY Change -14.55%
INVESTING ACTIVITIES
Capital Expenditures $120.2K
YoY Change -68.71%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$120.2K
YoY Change -104.54%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $5.034M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $7.270M
YoY Change -1.75%
NET CHANGE
Cash From Operating Activities -$11.01M
Cash From Investing Activities -$120.2K
Cash From Financing Activities $7.270M
Net Change In Cash -$3.862M
YoY Change 36.11%
FREE CASH FLOW
Cash From Operating Activities -$11.01M
Capital Expenditures $120.2K
Free Cash Flow -$11.13M
YoY Change -16.12%

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CY2024Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-75000000 usd
CY2024 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><i>Reclassifications</i></b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Certain amounts presented in the prior year period have been reclassified to conform to current period financial statement presentation. The financing proceeds and issuance costs attributed to the at-the-market offering program and private placement reflected in the statements of cash flows during the comparable prior year period were reclassified into two separate line item categories.</p>
CY2024 us-gaap Use Of Estimates
UseOfEstimates
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><i>Management’s Use of Estimates</i></b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</p>
CY2024Q3 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
2140315 usd
CY2024Q3 us-gaap Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
2140315 usd
CY2024 us-gaap Proceeds From Issuance Of Warrants
ProceedsFromIssuanceOfWarrants
1813223 usd
CY2024 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
327092 usd
CY2024Q3 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
2140315 usd
CY2024Q3 us-gaap Advertising Expense
AdvertisingExpense
108993 usd
CY2024 us-gaap Advertising Expense
AdvertisingExpense
173430 usd
CY2024 nmtc Number Of Days To Remedy Default
NumberOfDaysToRemedyDefault
P90D
CY2024 us-gaap Royalty Expense
RoyaltyExpense
150000 usd
CY2023 us-gaap Royalty Expense
RoyaltyExpense
150000 usd
CY2021Q3 nmtc Lease Space
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1162 sqm
CY2021Q3 us-gaap Operating Leases Rent Expense Contingent Rentals
OperatingLeasesRentExpenseContingentRentals
4241 usd
CY2022Q4 us-gaap Lessee Operating Lease Term Of Contract
LesseeOperatingLeaseTermOfContract
P2Y
CY2024 us-gaap Operating Lease Payments
OperatingLeasePayments
138917 usd
CY2023 us-gaap Operating Lease Payments
OperatingLeasePayments
134632 usd
CY2024 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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199385 usd
CY2023 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
97536 usd
CY2024Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
254910 usd
CY2023Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
169059 usd
CY2024Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
260160 usd
CY2023Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
184400 usd
CY2024Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P3Y7M6D
CY2023Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P1Y4M24D
CY2024Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.074 pure
CY2023Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.078 pure
CY2024Q3 nmtc Lessee Operating Lease Liability To Be Paid Remainder Of Calendar Year
LesseeOperatingLeaseLiabilityToBePaidRemainderOfCalendarYear
35122 usd
CY2024Q3 nmtc Lessee Operating Lease Liability Payments Due Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsDueFiscalYear
66097 usd
CY2024Q3 nmtc Lessee Operating Lease Liability Payments Due Two Year
LesseeOperatingLeaseLiabilityPaymentsDueTwoYear
78945 usd
CY2024Q3 nmtc Lessee Operating Lease Liability Payments Due Three Year
LesseeOperatingLeaseLiabilityPaymentsDueThreeYear
81708 usd
CY2024Q3 nmtc Lessee Operating Lease Liability Payments Due Four Year
LesseeOperatingLeaseLiabilityPaymentsDueFourYear
34815 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
296687 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
36527 usd
CY2024Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
260160 usd
CY2024Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
65768 usd
CY2024Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
194392 usd
CY2024Q3 us-gaap Inventory Gross
InventoryGross
877065 usd
CY2023Q3 us-gaap Inventory Gross
InventoryGross
1202778 usd
CY2024Q3 us-gaap Inventory Work In Process
InventoryWorkInProcess
192360 usd
CY2023Q3 us-gaap Inventory Work In Process
InventoryWorkInProcess
343597 usd
CY2024Q3 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
1565728 usd
CY2023Q3 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
180311 usd
CY2024Q3 us-gaap Inventory Net
InventoryNet
2635153 usd
CY2023Q3 us-gaap Inventory Net
InventoryNet
1726686 usd
CY2024Q3 us-gaap Inventory Finished Goods
InventoryFinishedGoods
102318 usd
CY2023Q3 us-gaap Inventory Finished Goods
InventoryFinishedGoods
0 usd
CY2022Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
111892 usd
CY2023 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
22315 usd
CY2023Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
89577 usd
CY2024 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
22315 usd
CY2024Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
67262 usd
CY2024Q3 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
976303 usd
CY2023Q3 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
860737 usd
CY2024Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
976303 usd
CY2023Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
860737 usd
CY2024Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
559460 usd
CY2023Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
334984 usd
CY2024Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
416843 usd
CY2023Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
525753 usd
CY2024 us-gaap Depreciation
Depreciation
224476 usd
CY2023 us-gaap Depreciation
Depreciation
176951 usd
CY2023Q3 us-gaap Property Plant And Equipment Salvage Value
PropertyPlantAndEquipmentSalvageValue
39643 usd
CY2023 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
7500 usd
CY2024Q3 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
950260 usd
CY2023Q3 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
874382 usd
CY2024Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
65768 usd
CY2023Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
129116 usd
CY2024Q3 us-gaap Accrued Royalties Current
AccruedRoyaltiesCurrent
108036 usd
CY2023Q3 us-gaap Accrued Royalties Current
AccruedRoyaltiesCurrent
104024 usd
CY2024Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
59950 usd
CY2024Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
1184014 usd
CY2023Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
1107522 usd
CY2020 us-gaap Payments For Fees
PaymentsForFees
2000000 usd
CY2022Q3 nmtc Payment To The Company
PaymentToTheCompany
3500000 usd
CY2024 nmtc Transaction Price Associated With The Development Agreement
TransactionPriceAssociatedWithTheDevelopmentAgreement
5400000 usd
CY2024 nmtc Fair Value Adjustment To The Transaction Price Of The Development Agreement And Amendment
FairValueAdjustmentToTheTransactionPriceOfTheDevelopmentAgreementAndAmendment
100000 usd
CY2023 nmtc Revenue From Collaboration
RevenueFromCollaboration
1455188 usd
CY2022Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
1455188 usd
CY2023 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
-1455188 usd
CY2024 us-gaap Revenues
Revenues
3453003 usd
CY2023 us-gaap Revenues
Revenues
1952441 usd
CY2024 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1344476 usd
CY2023 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1105457 usd
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1239915 shares
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
5.4
CY2022Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P8Y
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
89295 usd
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
469512 shares
CY2023 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
1.55
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
1000 shares
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
3.78
CY2023Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1708427 shares
CY2023Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
4.34
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P7Y8M12D
CY2023Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
20064 usd
CY2024 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
1225669 shares
CY2024 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
1.26
CY2024 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
120000 shares
CY2024 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
1.33
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
2814096 shares
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
3.13
CY2024 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P7Y8M12D
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
22685 usd
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
2814096 shares
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
3.13
CY2024 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P7Y8M12D
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
22685 usd
CY2024Q3 nmtc Share Based Compensation Arrangement By Share Based Payment Award Options Vested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedNumber
1409840 shares
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageExercisePrice
4.79
CY2024 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageRemainingContractualTerm1
P6Y4M24D
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
22643 usd
CY2024 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Grant Date Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGrantDateIntrinsicValue
0.99
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Grant Date Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGrantDateIntrinsicValue
0.89
CY2024 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
1.119 pure
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.574 pure
CY2024 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P6Y1M6D
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y9M18D
CY2024 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0 pure
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0 pure
CY2024 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.046 pure
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.037 pure
CY2024Q3 us-gaap Sale Of Stock Number Of Shares Issued In Transaction
SaleOfStockNumberOfSharesIssuedInTransaction
2944446 shares
CY2024Q3 us-gaap Sale Of Stock Price Per Share
SaleOfStockPricePerShare
0.001
CY2024Q3 us-gaap Stock Issued During Period Shares Other
StockIssuedDuringPeriodSharesOther
2208333 shares
CY2024Q3 us-gaap Shares Issued Price Per Share
SharesIssuedPricePerShare
0.9
CY2024Q3 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
0.75
CY2024Q3 nmtc Gross Proceeds
GrossProceeds
2650000 usd
CY2024Q3 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
1.19
CY2024 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0 pure
CY2024 us-gaap Proceeds From Issuance Of Warrants
ProceedsFromIssuanceOfWarrants
1813223 usd
CY2024 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
327092 usd
CY2022Q4 nmtc Maximum Aggregate Common Stock Offering Price
MaximumAggregateCommonStockOfferingPrice
14500000 usd
CY2022Q4 nmtc Percentage Of Gross Proceeds
PercentageOfGrossProceeds
0.03 pure
CY2023Q3 nmtc Maximum Aggregate Common Stock Offering Price
MaximumAggregateCommonStockOfferingPrice
2600000 usd
CY2023Q4 nmtc Maximum Aggregate Common Stock Offering Price
MaximumAggregateCommonStockOfferingPrice
4800000 usd
CY2024Q1 nmtc Maximum Aggregate Common Stock Offering Price
MaximumAggregateCommonStockOfferingPrice
9300000 usd
CY2024Q3 nmtc Amount Of Common Stock Of Sales Agreement
AmountOfCommonStockOfSalesAgreement
3000000 usd
CY2024 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
3748913 shares
CY2023 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
1439677 shares
CY2024 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
5033906 usd
CY2023 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
2552656 usd
CY2023Q3 us-gaap Sale Of Stock Number Of Shares Issued In Transaction
SaleOfStockNumberOfSharesIssuedInTransaction
5250000 shares
CY2023Q3 nmtc Warrant To Purchase Shares Of Common Stock
WarrantToPurchaseSharesOfCommonStock
787500 shares
CY2023Q3 us-gaap Proceeds From Debt Net Of Issuance Costs
ProceedsFromDebtNetOfIssuanceCosts
5200000 usd
CY2024 nmtc Exercise Price Of Warrants Issued
ExercisePriceOfWarrantsIssued
0.66
CY2024 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageRemainingContractualTerm2
P5Y
CY2024 nmtc Debt Financing As Issuance Cost
DebtFinancingAsIssuanceCost
50000 shares
CY2024Q3 us-gaap Securities Borrowed
SecuritiesBorrowed
500000 usd
CY2024Q3 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
5000000 usd
CY2024 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
202656 usd
CY2024 us-gaap Legal Fees
LegalFees
74532 usd
CY2024 nmtc Noncash Warrants Issued In Connection With Debt Facility
NoncashWarrantsIssuedInConnectionWithDebtFacility
53124 usd
CY2024 nmtc Transaction Fee Amount
TransactionFeeAmount
75000 usd
CY2024Q3 us-gaap Deferred Costs Current
DeferredCostsCurrent
101329 usd
CY2024 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21 pure
CY2023 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21 pure
CY2024 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.077 pure
CY2023 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.077 pure
CY2024 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Research
EffectiveIncomeTaxRateReconciliationTaxCreditsResearch
-0.024 pure
CY2023 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Research
EffectiveIncomeTaxRateReconciliationTaxCreditsResearch
-0.017 pure
CY2024 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
-0.019 pure
CY2023 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
-0.008 pure
CY2024 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.292 pure
CY2023 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.296 pure
CY2024Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards State And Local
DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal
13789594 usd
CY2023Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards State And Local
DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal
11657158 usd
CY2024Q4 us-gaap Deferred Tax Assets Goodwill And Intangible Assets
DeferredTaxAssetsGoodwillAndIntangibleAssets
30258 usd
CY2023Q4 us-gaap Deferred Tax Assets Goodwill And Intangible Assets
DeferredTaxAssetsGoodwillAndIntangibleAssets
28352 usd
CY2024Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Other
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsOther
97803 usd
CY2023Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Other
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsOther
63301 usd
CY2024Q4 us-gaap Deferred Tax Assets In Process Research And Development
DeferredTaxAssetsInProcessResearchAndDevelopment
2650371 usd
CY2023Q4 us-gaap Deferred Tax Assets In Process Research And Development
DeferredTaxAssetsInProcessResearchAndDevelopment
1780649 usd
CY2024Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Research
DeferredTaxAssetsTaxCreditCarryforwardsResearch
1609718 usd
CY2023Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Research
DeferredTaxAssetsTaxCreditCarryforwardsResearch
1314487 usd
CY2024Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
986952 usd
CY2023Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
788790 usd
CY2024Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
19164696 usd
CY2023Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
15632737 usd
CY2024Q4 nmtc Deferred Tax Liabilities Fixed Asset And Other
DeferredTaxLiabilitiesFixedAssetAndOther
136659 usd
CY2023Q4 nmtc Deferred Tax Liabilities Fixed Asset And Other
DeferredTaxLiabilitiesFixedAssetAndOther
204829 usd
CY2024Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
136659 usd
CY2023Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
204829 usd
CY2024Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
19028037 usd
CY2023Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
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CY2024Q3 us-gaap Deferred Tax Assets Gross
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1 pure
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