Stereotaxis Inc
For the period ended Mar 31, 2024. Filed May 15, 2024.
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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, 2024 · Filed May 15, 2024
STXS$1.09+3.8%Stored close · as of Nov 6, 2026
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Statements of Operations
| Three Months Ended March 31, | ||
|---|---|---|
| (in thousands, except share and per share amounts) | 2024 | 2023 |
| Revenue: | ||
| Systems | $2,612 | $1,821 |
| Disposables, service and accessories | 4,268 | 4,727 |
| Total revenue | 6,880 | 6,548 |
| Cost of revenue: | ||
| Systems | 1,900 | 1,697 |
| Disposables, service and accessories | 1,014 | 975 |
| Total cost of revenue | 2,914 | 2,672 |
| Gross margin | 3,966 | 3,876 |
| Operating expenses: | ||
| Research and development | 2,243 | 2,746 |
| Sales and marketing | 3,003 | 3,148 |
| General and administrative | 3,466 | 3,601 |
| Total operating expenses | 8,712 | 9,495 |
| Operating loss | (4,746) | (5,619) |
| Interest income, net | 239 | 272 |
| Net loss | $(4,507) | $(5,347) |
| Cumulative dividend on convertible preferred stock | (331) | (331) |
| Net loss attributable to common stockholders | $(4,838) | $(5,678) |
| Net loss per share attributable to common stockholders: | ||
| Basic | $(0.06) | $(0.07) |
| Diluted | $(0.06) | $(0.07) |
| Weighted average number of common shares and equivalents: | ||
| Basic | 83,476,498 | 76,500,965 |
| Diluted | 83,476,498 | 76,500,965 |
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