---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-23-006726"
form_type: "8-K"
ticker: "VTAK"
cik: "0001716621"
company_name: "Catheter Precision, Inc."
filed_at: "2023-05-16T23:59:59+00:00"
generated_at: "2026-06-14T23:51:35.531497+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Ra Medical closes laser catheter business, focuses on cardiac EP; Q1 rev ~$85k; cash $11M

## Summary
- Laser catheter business closed; Carlsbad facility shut; related employees terminated.
- Preliminary Q1 2023 revenue ~$85k (vs $9k prior year); numbers not comparable due to merger.
- New $8M funding; cash approx $11M as of May 1, 2023, prior to CEO severance.
- David Jenkins named Interim CEO after Will McGuire resigned; board reduced to 4, director pay cut.
- Catheter Precision launched LockeT closure device; VIVO has 70+ target accounts, 125-patient registry.

## SEC filing metadata
- accession: 0001654954-23-006726
- form_type: 8-K
- ticker: VTAK
- cik: 0001716621
- company_name: Catheter Precision, Inc.
- filed_at: 2023-05-16T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1716621/000165495423006726/0001654954-23-006726-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1716621/000165495423006726/rmed_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-23-006726
- JSON: https://secwatch.observer/filing/0001654954-23-006726.json
- Plain text: https://secwatch.observer/filing/0001654954-23-006726.txt

## Key facts
- Earnings Releases
  Catheter Precision, Inc. reported quarter ended March 31, 2023 results: revenue $85,000.
  - Period: quarter ended March 31, 2023
  - Revenue: $85,000
  - Result: preliminary results
  source text: The registrant is able to preliminarily project revenues of approximately $85,000 for the quarter ended March 31, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1716621/000165495423006726/0001654954-23-006726-index.htm
- Earnings Releases
  Catheter Precision, Inc. reported quarter ended March 31, 2022 results: revenue $9,000.
  - Period: quarter ended March 31, 2022
  - Revenue: $9,000
  - Result: reported results
  source text: revenues of $9,000 were reported in the quarter ended March 31, 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/1716621/000165495423006726/0001654954-23-006726-index.htm

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