---
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"
generated_at: "2026-06-02T01:59:27.850088+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Stereotaxis Q1 revenue $6.9M (+5% YoY); acquires Access Point Technologies for stock

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-018881
- JSON: https://secwatch.observer/filing/0001493152-24-018881.json
- Plain text: https://secwatch.observer/filing/0001493152-24-018881.txt

## Key facts
- Earnings Releases
  Stereotaxis, Inc. reported First quarter ended March 31, 2024 results: revenue $6.9 million, net income ($4.5) million. Guidance reaffirmed.
  - Period: First quarter ended March 31, 2024
  - Revenue: $6.9 million
  - Net income: ($4.5) million
  - Guidance: reaffirmed
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1289340/000149315224018881/0001493152-24-018881-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.