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Stereotaxis Reports First Quarter 2011 Financial Results
Date:5/2/2011

umulated deficit

(352,926,204)(343,376,271)Total stockholders' equity

1,834,88710,475,246Total liabilities and stockholders' equity

$
,548,975$
5,761,792STEREOTAXIS, INC.STATEMENTS OF OPERATIONS(Unaudited)Three Months Ended
March 31,20112010Revenue   System

$
4,288,176$
5,233,755   Disposables, service and accessories

5,936,5285,382,854Total revenue

10,224,70410,616,609Cost of revenue   System

2,184,4782,076,717   Disposables, service and accessories

820,501843,953Total cost of revenue

3,004,9792,920,670Gross margin

7,219,7257,695,939Operating expenses:Research and development

3,394,2593,369,538Sales and marketing

8,338,3366,695,117General and administration

4,250,2693,890,336Total operating expenses

15,982,86413,954,991Operating loss

(8,763,139)(6,259,052)Other income/(expense)

20,346(1,537,169)Interest income

3,1872,782Interest expense

(810,327)(633,118)Net loss

$
(9,549,933)$
(8,426,557)Net loss per common share:   Basic and diluted

$
(0.17)$
(0.17)Weighted average shares used in computing net   loss per common share: Basic and diluted

54,719,67749,621,318
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SOURCE Stereotaxis, Inc.
Copyright©2010 PR Newswire.
All rights reserved

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