{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-018881","form_type":"8-K","ticker":"STXS","cik":"0001289340","company_name":"Stereotaxis, Inc.","filed_at":"2024-05-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:17.733617+00:00","generated_at":"2026-06-02T01:59:27.850088+00:00","sec_items":["2.02","8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Stereotaxis Q1 revenue $6.9M (+5% YoY); acquires Access Point Technologies for stock","bullets":["Q1 revenue $6.9M (+5% YoY); system revenue $2.6M, recurring $4.3M.","Net loss $4.5M; adjusted net loss $1.9M; free cash flow -$2.3M.","Acquires APT (electrophysiology catheters) for stock; upfront + contingent milestone payments.","APT expected to contribute ~$5M annual revenue in first year post-close; close expected Q3 2024.","Regulatory submissions for MAGiC catheter in US/Europe; smaller robot submissions expected Q2 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-018881","json":"https://secwatch.observer/filing/0001493152-24-018881.json","markdown":"https://secwatch.observer/filing/0001493152-24-018881.md","text":"https://secwatch.observer/filing/0001493152-24-018881.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1289340/000149315224018881/0001493152-24-018881-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1289340/000149315224018881/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T01:59:27.850088+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"4dcf345023960f92fbd4131bfce209c559da39c0","claim":"Stereotaxis, Inc. reported First quarter ended March 31, 2024 results: revenue $6.9 million, net income ($4.5) million. Guidance reaffirmed.","evidence_excerpt":"Revenue for the first quarter of 2024 totaled $6.9 million, growth of 5% from $6.5 million in the prior year first quarter. System revenue for the first quarter was $2.6 million and recurring revenue was $4.3 million, compared to $1.8 million and $4.7 million in the prior year first quarter, respectively. Gross margin for the first quarter of 2024 was 58% of revenue. Recurring revenue gross margin was 76% and system gross margin was 27%. Operating expenses in the first quarter of $8.7 million include $2.6 million in non-cash stock compensation expense. Excluding non-cash stock compensation expense, adjusted operating expenses in the quarter were $6.1 million, compared to $6.9 million for adjusted operating expenses in the prior year first quarter. Operating loss and net loss for the first quarter of 2024 were ($4.7) million and ($4.5) million, respectively, compared to ($5.6) million and ($5.3) million in the previous year.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1289340/000149315224018881/0001493152-24-018881-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"First quarter ended March 31, 2024"},{"label":"Revenue","value":"$6.9 million"},{"label":"Net income","value":"($4.5) million"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}