Stereotaxis Inc

For the period ended Jun 30, 2024. Filed Aug 14, 2024.

About this filing

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.

Jun 30, 2024 · Filed Aug 14, 2024

STXS$1.09+3.8%Stored close · as of Nov 6, 2026

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Contents

Statements of Operations

	Three Months Ended June 30,		Six Months Ended June 30,
(in thousands, except share and per share amounts)	2024	2023	2024	2023
Revenue:
Systems	$240	$3,313	$2,852	$5,134
Disposables, service and accessories	4,262	4,546	8,530	9,273
Total revenue	4,502	7,859	11,382	14,407
Cost of revenue:
Systems	187	2,703	2,087	4,400
Disposables, service and accessories	1,002	969	2,016	1,944
Total cost of revenue	1,189	3,672	4,103	6,344
Gross margin	3,313	4,187	7,279	8,063
Operating expenses:
Research and development	2,273	2,647	4,516	5,393
Sales and marketing	3,301	3,340	6,304	6,488
General and administrative	3,760	3,477	7,226	7,078
Total operating expenses	9,334	9,464	18,046	18,959
Operating loss	(6,021)	(5,277)	(10,767)	(10,896)
Other income (expense)	(3)	27	(3)	27
Interest income, net	191	293	430	565
Net loss	$(5,833)	$(4,957)	$(10,340)	$(10,304)
Cumulative dividend on convertible preferred stock	(325)	(335)	(656)	(666)
Net loss attributable to common stockholders	$(6,158)	$(5,292)	$(10,996)	$(10,970)
Net loss per share attributable to common stockholders:
Basic	$(0.07)	$(0.07)	$(0.13)	$(0.14)
Diluted	$(0.07)	$(0.07)	$(0.13)	$(0.14)
Weighted average number of common shares and equivalents:
Basic	84,570,738	81,049,211	84,025,335	78,787,652
Diluted	84,570,738	81,049,211	84,025,335	78,787,652

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.