secwatch.observer — SEC 8-K summary
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Issuer:     Stereotaxis, Inc. (STXS)
CIK:        0001289340
Form:       8-K
Filed at:   2024-05-13T23:59:59+00:00
Accession:  0001493152-24-018881
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1289340/000149315224018881/0001493152-24-018881-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1289340/000149315224018881/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-018881

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