M&A
confidence high
sentiment negative
materiality 0.55
ClearPoint Neuro files financials for acquired IRRAS; IRRAS cash from ops -$11.4M in 2024
ClearPoint Neuro, Inc.
- IRRAS 2024 operating cash outflow $11.4M; accumulated deficit $105.3M.
- Gross accounts receivable $1.67M with $22.5K credit loss allowance.
- Convertible notes of $6.33M at 5% interest; fair value adjustment recorded $219.6K expense.