Date of Report (Date of earliest event reported) December 10, 2024

Neuronetics has shifted to a hybrid go-to-market model for its NeuroStar system, offering capital purchase and lease-finance options alongside its traditional treatment session model. The company reported 17% year-over-year growth at Greenbrook clinics and a 10% utilisation increase in active NeuroStar accounts. The firm implemented leadership restructuring to flatten its organisation and reduce executive headcount, aiming to accelerate profitability. It also formed a strategic collaboration with ANT Neuro to integrate neuronavigation technology into the NeuroStar platform. Neuronetics anticipates "choppier" revenue in the second half of 2026 due to the commercial model shift. The company reduced operating expense guidance by $5 million and appointed a new CFO focused on achieving sustained profitability and positive cash flow.

Neuronetics, maker of NeuroStar Advanced Therapy, has announced a strategic partnership with ANT Neuro to integrate neuronavigation technology into its transcranial magnetic stimulation (TMS) treatment platform. The collaboration will offer ANT Neuro's FDA-cleared visor2 neuronavigation system alongside NeuroStar TMS, enabling real-time spatial tracking and 3D visualisation for treatment delivery. The integration aims to enhance treatment personalisation and consistency by combining NeuroStar's contact sensing technology with ANT Neuro's brain mapping capabilities. The partnership addresses growing provider demand for technologies supporting treatment visualisation and workflow integration. Neuronetics, which holds the largest installed base of TMS systems in the US, views the collaboration as part of its continued investment in platform capabilities as the TMS market evolves.