secwatch.observer — SEC 8-K summary
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Issuer:     Stereotaxis, Inc. (STXS)
CIK:        0001289340
Form:       8-K
Filed at:   2022-08-09T23:59:59+00:00
Accession:  0001493152-22-021705
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Stereotaxis Q2 revenue $6.2M, down 32% YoY; net loss $5.2M; cash $35.1M
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- Revenue $6.2M vs $9.1M YoY; system revenue $0.6M, recurring $5.6M.
- Net loss $5.2M; prior-year net loss $1.2M included $2.2M PPP loan forgiveness.
- Adjusted net loss (excl. stock comp) $2.5M; operating expenses $9.8M.
- Cash $35.1M, no debt; expects year-end cash ~$32M; no additional financing needed.
- Backlog over $12M supports 2022 revenue growth guidance; cautious on hospital construction timelines.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1289340/000149315222021705/0001493152-22-021705-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1289340/000149315222021705/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-22-021705

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