earnings
confidence high
sentiment negative
materiality 0.80
Catheter Precision Q2 revenue $93K, net loss $4.2M; cash only $16K at June 30
Catheter Precision, Inc.
- Q2 revenue $93K, H1 $175K; net loss Q2 $4.2M, H1 $6.9M.
- Cash at June 30 just $16K; rose to $330K by Aug 12 but remains extremely low.
- First commercial LockeT sales in US: $38K in both Q2 and H1; 23 hospitals scheduling evaluations.
- Total assets $26M, shareholders' equity $14.3M as of June 30.
- 14 new sales/clinical hires; VIVO evaluation started in Italy; VIVO EU Registry completed in June.