Stereotaxis Inc
For the period ended Sep 30, 2024. Filed Nov 14, 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.
Sep 30, 2024 · Filed Nov 14, 2024
STXS$1.09+3.8%Stored close · as of Nov 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Statements of Cash Flows
| Nine Months Ended September 30, | ||
|---|---|---|
| (in thousands) | 2024 | 2023 |
| Cash flows from operating activities | ||
| Net loss | $(16,530) | $(15,673) |
| Adjustments to reconcile net loss to cash used in operating activities: | ||
| Depreciation | 428 | 457 |
| Amortization | 178 | - |
| Loss on revaluation of contingent consideration | 672 | - |
| Non-cash lease expense | 7 | 23 |
| Stock-based compensation | 7,696 | 7,987 |
| Accretion and short-term investment discount | - | (287) |
| Changes in operating assets and liabilities: | ||
| Accounts receivable | (3,401) | (156) |
| Inventories | 619 | 1,088 |
| Prepaid expenses and other current assets | (177) | 470 |
| Other assets | 21 | 73 |
| Accounts payable | 1,448 | 270 |
| Accrued liabilities | 364 | (146) |
| Deferred revenue | (1,100) | (798) |
| Other liabilities | 12 | (8) |
| Net cash used in operating activities | (9,763) | (6,700) |
| Cash flows from investing activities | ||
| Purchase of property and equipment | (32) | (366) |
| Proceeds from maturity of short-term investments | - | 20,131 |
| Cash acquired in business acquisitions | 108 | - |
| Net cash provided by investing activities | 76 | 19,765 |
| Cash flows from financing activities | ||
| Proceeds from issuance of stock, net of issuance costs | 138 | 55 |
| Net cash provided by financing activities | 138 | 55 |
| Net (decrease) increase in cash, cash equivalents, and restricted cash | (9,549) | 13,120 |
| Cash, cash equivalents, and restricted cash at beginning of period | 20,562 | 9,855 |
| Cash, cash equivalents, and restricted cash at end of period | $11,013 | $22,975 |
Reconciliation of cash, cash equivalents, and restricted cash to balance sheet as of September 30th:
| Cash and cash equivalents | $10,663 | $22,100 |
|---|---|---|
| Restricted cash - current | 350 | 525 |
| Restricted cash | - | 350 |
| Total cash, cash equivalents, and restricted cash | $11,013 | $22,975 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.