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Stereotaxis Reports 26% Third Quarter 2009 Revenue Growth
Date:11/5/2009

System 3,474,492 3,098,477 9,250,005 8,822,745 Disposables, service and accessories 811,089 543,071 3,162,142 1,427,501 ------- ------- --------- --------- Total cost of revenue 4,285,581 3,641,548 12,412,147 10,250,246 Gross margin 9,005,112 6,910,101 24,655,950 17,988,445 Operating expenses: Research and development 3,302,008 4,380,466 10,247,877 13,861,339 Sales and marketing 6,290,814 7,012,264 21,424,796 23,297,003 General and administration 3,654,207 4,719,779 11,006,981 15,458,115 --------- --------- ---------- ---------- Total operating expenses 13,247,029 16,112,509 42,679,654 52,616,457 ---------- ---------- ---------- ---------- Operating loss (4,241,917) (9,202,408) (18,023,704) (34,628,012) Other income/(expense) (489,139) - 66,507 - Interest income 2,721 33,711 34,069 165,665 Interest expense (1,085,408) (904,428) (2,860,479) (1,931,606) ----------- -------- ----------- ----------- Net loss $(5,813,743) $(10,073,125) $(20,783,607) $(36,393,953) =========== ============ ============ ============ Net loss per common share: Basic and diluted $(0.14) $(0.28) $(0.50) $(1.00) ====== ====== ====== ====== Weighted average shares used in computing net loss per common share: Basic and diluted 41,985,315 36,612,877 41,648,104 36,541,593 ========== ========== ========== ========== '/>"/>
SOURCE Stereotaxis, Inc.
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