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

STATEMENTS OF OPERATIONS

 

   Twelve Months Ended December 31, 
   2018   2017 
Revenue:        
Systems  $1,582,053   $4,275,798 
Disposables, service and accessories   27,764,564    26,868,302 
Total revenue   29,346,617    31,144,100 
           
Cost of revenue:          
Systems   1,788,658    6,199,643 
Disposables, service and accessories   3,928,521    4,554,596 
Total cost of revenue   5,717,179    10,754,239 
           
Gross margin   23,629,438    20,389,861 
           
Operating expenses:          
Research and development   8,219,387    6,704,200 
Sales and marketing   12,965,920    13,627,724 
General and administrative   4,901,170    5,977,534 
Total operating expenses   26,086,477    26,309,458 
Operating loss   (2,457,039)   (5,919,597)
           
Other income   2,590,361    212,031 
Interest income (expense)   (16,566)   (179,844)
Net income (loss)  $116,756   $(5,887,410)
           
Cumulative dividend on convertible preferred stock   (1,434,000)   (1,432,259)
Net loss attributable to common stockholders  $(1,317,244)  $(7,319,669)
           
Net loss per share attributable to common stockholders:          
Basic  $(0.03)  $(0.32)
Diluted  $(0.03)  $(0.32)
           
Weighted average number of common shares and equivalents:          
Basic   52,082,618    22,614,248 
Diluted   52,082,618    22,614,248 

 

Certain prior year amounts have been reclassified to conform to the 2018 presentation.

 

See accompanying notes.

 

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