secwatch.observer — SEC 8-K summary
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Issuer:     Stereotaxis, Inc. (STXS)
CIK:        0001289340
Form:       8-K
Filed at:   2023-03-03T23:59:59+00:00
Accession:  0001493152-23-006634
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Stereotaxis 2022 revenue $28.1M (-20% YoY); net loss $4.2M in Q4; guides double-digit growth in 2023
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- Q4 revenue $7.3M (down from $8.2M); full year revenue $28.1M (down from $35.0M).
- Full year system revenue $6.8M (down from $11.2M); recurring revenue $21.3M (down from $22.9M).
- Q4 net loss $4.2M vs $3.4M prior year; adjusted net loss full year $7.8M vs $1.4M prior year.
- Cash and investments $29.7M, no debt; system backlog $14.8M entering 2023.
- Expects double-digit revenue growth in 2023, driven by system backlog and new orders; no material contribution from new tech yet.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1289340/000149315223006634/0001493152-23-006634-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1289340/000149315223006634/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-006634

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