{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-26-050957","form_type":"8-K","ticker":"STXS","cik":"0001289340","company_name":"Stereotaxis, Inc.","filed_at":"2026-11-10T21:05:22+00:00","discovered_at":"2026-11-10T21:07:00.263082+00:00","generated_at":"2026-11-10T21:07:13.526370+00:00","sec_items":["1.01","2.02","2.03","3.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Stereotaxis raises up to $24M convertible notes at $1.21; Q3 revenue $8.9M up 20% YoY","bullets":["Convertible note financing of up to $24.0M: $12.0M closed Nov. 9, 2026, plus up to $12.0M at Stereotaxis' option subject to regulatory milestones; 10% annual interest, three-year maturity.","Notes convert at $1.21/share, a 30% premium to the 10-day VWAP; interest is deferred and paid in kind at maturity; board-affiliated investors participated in the oversubscribed deal.","Q3 2026 revenue $8.9M, up 20% YoY; system revenue $3.0M vs $1.9M on first US GenesisX, first China Genesis and Synchrony sales; recurring revenue $5.9M, up 6%.","Q3 net loss $6.5M; adjusted operating loss $5.1M vs $2.5M, reflecting Robocath costs; adjusted opex guided to ~$8M/quarter, targeting cash-flow profitability within a year.","Cash was $4.0M at Sept. 30; pro forma $16M after the $12M initial close, with $28M total availability; $1.9M disposable backlog delayed by supply constraints."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-050957","json":"https://secwatch.observer/filing/0001493152-26-050957.json","markdown":"https://secwatch.observer/filing/0001493152-26-050957.md","text":"https://secwatch.observer/filing/0001493152-26-050957.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1289340/000149315226050957/0001493152-26-050957-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1289340/000149315226050957/form8-k.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-11-10T21:07:13.526370+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}