secwatch.observer — SEC 8-K summary
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Issuer:     Stereotaxis, Inc. (STXS)
CIK:        0001289340
Form:       8-K
Filed at:   2021-11-12T23:59:59+00:00
Accession:  0001493152-21-027938
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Stereotaxis Q3 revenue $9.1M (+5% YoY); operating loss widens to $4.6M; sees 2022 system revenue doubling
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- Revenue $9.1M (system $3.5M, recurring $5.3M); gross margin 52% with system margin 5% and recurring 86%.
- Operating loss and net loss both ($4.6M) vs ($1.6M) a year ago; adjusted operating loss ($2.0M) vs ($0.8M).
- Cash and equivalents $42.8M at Sept 30, 2021; expects to start 2022 with >$40M cash.
- Maintains 2021 system revenue guidance of ~$11M; targets double-digit overall growth in 2022 with system revenue doubling.
- Received orders for two Genesis systems; announced strategic collaboration with MicroPort EP in China.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1289340/000149315221027938/0001493152-21-027938-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1289340/000149315221027938/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-21-027938

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer