Stereotaxis Inc

For the period ended Sep 30, 2024. Filed Nov 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.

Sep 30, 2024 · Filed Nov 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 September 30,		Nine Months Ended September 30,
(in thousands, except share and per share amounts)	2024	2023	2024	2023
Revenue:
Systems	$4,391	$3,539	$7,243	$8,673
Disposables, service and accessories	4,805	4,260	13,335	13,533
Total revenue	9,196	7,799	20,578	22,206
Cost of revenue:
Systems	3,673	2,909	5,760	7,309
Disposables, service and accessories	1,424	831	3,440	2,775
Total cost of revenue	5,097	3,740	9,200	10,084
Gross margin	4,099	4,059	11,378	12,122
Operating expenses:
Research and development	2,454	2,668	6,970	8,061
Sales and marketing	3,152	3,097	9,456	9,585
General and administrative	4,838	3,933	12,064	11,011
Total operating expenses	10,444	9,698	28,490	28,657
Operating loss	(6,345)	(5,639)	(17,112)	(16,535)
Other income	5	-	2	27
Interest income, net	150	270	580	835
Net loss	$(6,190)	$(5,369)	$(16,530)	$(15,673)
Cumulative dividend on convertible preferred stock	(328)	(338)	(984)	(1,004)
Net loss attributable to common stockholders	$(6,518)	$(5,707)	$(17,514)	$(16,677)
Net loss per share attributable to common stockholders:
Basic	$(0.08)	$(0.07)	$(0.21)	$(0.21)
Diluted	$(0.08)	$(0.07)	$(0.21)	$(0.21)
Weighted average number of common shares and equivalents:
Basic	85,824,789	82,468,971	84,629,531	80,028,243
Diluted	85,824,789	82,468,971	84,629,531	80,028,243

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.