earnings
confidence high
sentiment negative
materiality 0.70
Catheter Precision Q1 revenue up 74% to $143K, net loss $4.0M; cash $450K
Catheter Precision, Inc.
- Revenue $143K vs $82K YoY (+74%); net loss $4.0M including $1.2M non-cash charges.
- Cash $450K at March 31; after quarter end secured $1.5M private placement from institutional investors.
- Acquired Cardionomics assets via 82%-owned subsidiary Cardionomix, including CPNS system for ADHF.
- Acquired PeriKard, LLC (pericardial access kit); first U.S. patent allowed for LockeT device.
- Clinical data presented at HRS 2025: VIVO 94% accurate, LockeT safe/effective in 139-patient study.
item 2.02item 9.01