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Stereotaxis Reports Record Second Quarter Revenue
Date:8/5/2008
24,226 491,103 131,954 873,558
Interest expense (624,527) (62,616) (1,027,178) (142,232)
Net loss $(12,789,661) $(15,005,916) $(26,320,826) $(25,510,023)
Net loss per
common share:
Basic and diluted $(0.35) $(0.42) $(0.72) $(0.72)
Weighted average
shares used in
computing net loss
per common share:
Basic and diluted 36,523,194 36,152,659 36,507,915 35,285,931
STEREOTAXIS, INC.
BALANCE SHEETS
June 30, December 31,
2008 2007
(Unaudited)
Assets
Current Assets:
Cash and cash equivalents $11,358,470 $17,022,200
Short-term investments - 6,634,178
Accounts receivable, net of
allowance of $225,820 and
$189,040 in 2008 and 2007,
respectively 14,787,534 13,757,270
Current portion of long-term
receivables 213,940 136,430
Inventories 9,625,809 9,964,460
Prepaid expenses and other
current assets 4,892,621 3,421,202
Total current assets 40,878,374 50,935,740
Property and equipment, net 6,358,570 7,011,763
Intangible assets 1,344,445 1,411,111
Long-term Receivables 328,525 272,859
Long-term Investments 469,392 -
Other assets 760,029 844,321
Total assets $50,139,335 $60,475,794
Liabilities and sto
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| SOURCE Stereotaxis, Inc. Copyright©2008 PR Newswire. All rights reserved |
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