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Stereotaxis Reports Fourth Quarter and Full Year 2007 Financial Results
Date:3/3/2008

p>Total revenue 10,254,863 14,005,580 39,298,809 27,191,706

Cost of revenue

System 2,954,061 5,011,858 10,978,108 10,448,772

Disposables,

service and

accessories 764,897 790,953 2,497,459 2,443,977

Inventory

impairment - - 1,870,653 -

Total cost of

revenue 3,718,958 5,802,811 15,346,220 12,892,749

Gross margin 6,535,905 8,202,769 23,952,589 14,298,957

Operating expenses:

Research and

development 5,996,138 4,547,773 25,471,809 21,794,177

General and

administration 4,589,694 4,071,212 18,701,726 16,642,359

Sales and marketing 8,287,708 6,086,065 29,021,117 22,533,882

Total operating

expenses 18,873,540 14,705,050 73,194,652 60,970,418

Operating loss (12,337,635) (6,502,281) (49,242,063) (46,671,461)

Interest income 258,859 488,344 1,471,503 2,126,987

Interest expense (134,455) (146,425) (350,954) (1,175,296)

Net loss $(12,213,231) $(6,160,362) $(48,121,514) $(45,719,770)

Net loss per common

share:

Basic and diluted $(0.34) $(0.18) $(1.34) $(1.39)

Weighted average

shares used in

computing net loss

per common share:

Basic and diluted 36,331,376 33,985,126 35,793,973 32,979,403

STEREOTAXIS, INC.

BALANCE SHEETS

December 31, December 31,

2007 2006

(Unaudited)

Assets

Current Assets:

Cash and cash equivalents
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SOURCE Stereotaxis, Inc.
Copyright©2008 PR Newswire.
All rights reserved

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