Stereotaxis
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10-K
STEREOTAXIS, INC. filed this Form 10-K on 03/15/2019
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STEREOTAXIS, INC.

BALANCE SHEETS

 

   December 31, 2018   December 31, 2017 
         
Assets          
Current assets:          
Cash and cash equivalents  $10,796,072   $3,686,302 
Accounts receivable, net of allowance of $398,847 and $361,350 in 2018 and 2017, respectively   5,021,111    4,287,255 
Inventories, net   1,191,666    1,146,971 
Prepaid expenses and other current assets   963,700    750,085 
Total current assets   17,972,549    9,870,613 
Property and equipment, net   343,693    592,688 
Intangible assets, net   -    159,470 
Other assets   198,365    44,432 
Total assets  $18,514,607   $10,667,203 
           
Liabilities and stockholders’ equity (deficit)          
Current liabilities:          
Accounts payable  $1,726,360   $1,654,101 
Accrued liabilities   2,642,481    3,195,247 
Deferred revenue   5,825,536    5,702,769 
Warrants   -    19,574,977 
Total current liabilities   10,194,377    30,127,094 
Long-term deferred revenue   407,151    611,863 
Other liabilities   641,461    535,369 
Total liabilities   11,242,989    31,274,326 
           
Convertible Preferred stock:          
Convertible Preferred stock, par value $0.001; 10,000,000 shares authorized, 23,900 shares outstanding at 2018 and 2017   5,960,475    5,960,475 
           
Stockholders’ equity (deficit):          
Common stock, par value $0.001; 300,000,000 shares authorized, 59,058,297 and 22,805,731 shares issued at 2018 and 2017, respectively   59,058    22,806 
Additional paid in capital   478,179,574    450,748,403 
Treasury stock, 4,015 shares at 2018 and 2017   (205,999)   (205,999)
Accumulated deficit   (476,721,490)   (477,132,808)
Total stockholders’ equity (deficit)   1,311,143    (26,567,598)
Total liabilities and stockholders’ equity (deficit)  $18,514,607   $10,667,203 

 

See accompanying notes.

 

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