Catheter Precision, Inc.
For the period ended Mar 31, 2026. Filed May 18, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2026 · Filed May 18, 2026
VTAK$0.15-0.7%Stored close · as of Oct 2, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Balance Sheets (Unaudited)
Condensed Consolidated Balance Sheets
(in thousands, except per share data)
| March 31, 2026 | December 31, 2025 | |
|---|---|---|
| (Unaudited) | ||
| ASSETS | ||
| Current Assets | ||
| Cash and cash equivalents | $441 | $88 |
| Accounts receivable, net | 261 | 155 |
| Inventories | 62 | 86 |
| Prepaid expenses and other current assets | 485 | 61 |
| Total current assets | 1,249 | 390 |
| Property and equipment, net | 129 | 64 |
| Operating lease right-of-use assets, net | 1,631 | 162 |
| Other non-current assets | 56 | 8 |
| Intangible assets, net | 22,295 | 15,236 |
| Goodwill | 9,725 | — |
| TOTAL ASSETS | $35,085 | $15,860 |
| LIABILITIES AND STOCKHOLDERS' EQUITY | ||
| Current Liabilities | ||
| Accounts payable | $1,079 | $1,492 |
| Accrued expenses | 2,325 | 1,697 |
| Deferred revenue | 126 | — |
| Short-term notes payable, net of discount | 6,540 | — |
| Convertible notes payable, at fair value | 298 | 298 |
| Short-term notes payable of variable interest entities due to related parties | 309 | 306 |
| Deferred consideration | 8,151 | — |
| Current portion of royalties payable due to related parties | 9 | 51 |
| Current portion of operating lease liabilities | 901 | 63 |
| Total current liabilities | 19,738 | 3,907 |
| Royalties payable due to related parties | 792 | 792 |
| Operating lease liabilities | 732 | 101 |
| Notes payable of variable interest entities, net of discount | 1,363 | 1,330 |
| Notes payable due to related parties | 1,788 | 1,748 |
| Notes payable | 63 | — |
| Deferred tax liability | 1,452 | 1,331 |
| Total liabilities | 25,928 | 9,209 |
| Commitments and Contingencies (see Note 17) | ||
| Stockholders' Equity | ||
| Preferred Stock, $0.0001 par value, 10,000,000 shares authorized | ||
| Series B Convertible Preferred Stock, $0.0001 par value, 3,000 shares designated; 1,632 and 2,229 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively | — | — |
| Series C-1 Convertible Preferred Stock, $0.0001 par value, 3,687 shares designated; 3,470 and 0 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively | — | — |
| Series J Convertible Preferred Stock, $0.0001 par value, 9,490 shares designated; 9,490 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively | — | — |
| Series X Convertible Preferred Stock, $0.0001 par value, 15,404 shares designated; 0 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively | — | — |
| Common stock, $0.0001 par value, 500,000,000 shares authorized; 2,692,473 and 1,738,955 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively | — | — |
| Additional paid-in capital | 320,785 | 316,589 |
| Accumulated deficit | (311,216) | (309,535) |
| Total stockholders' equity attributable to Catheter Precision, Inc. | 9,569 | 7,054 |
| Non-controlling interest | (412) | (403) |
| Total stockholders' equity | 9,157 | 6,651 |
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY | $35,085 | $15,860 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.