Significant Revenue Growth
Fourth quarter revenue increased by 39% year-over-year, from $4.6 million to $6.3 million.
FDA Submissions for Key Innovations
Stereotaxis submitted FDA approvals for MAGIC Sweep and EMAGIN 5F catheters, enhancing their product offerings in EP and vascular procedures.
Strategic Acquisition Impact
The acquisition of APT has expanded catheter development and manufacturing capabilities, contributing positively to recurring revenue.
Product Launches in Europe and US
GenesisX robot received CE Mark in Europe. First firm order for GenesisX in Europe, with expected installation in the summer.
Positive Cash Flow
Stereotaxis reported a positive free cash flow of $1.3 million for the fourth quarter.