Q on B&O cartridge repair/replacement

I bought my B&O RX turntable when I was in high school ~35 years ago and have played countless records on it. The last 10 years or so, it has been sitting but I've recently set it up again. Besides some cosmetic damage, broken hinge from an unfortunate moving incident, it is fully functional and works well. It has the original belt and I replaced the cartridge once 20+ years ago. I got a few records of listening out of it until it stopped tracking. As far as I can tell the suspension on the stylus has failed. Picture attached. Does it look that way to you?

I assume there isn't anything I can do except replace the cartridge with a Soundsmith one?
 

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