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Stereotaxis Reports Third Quarter Financial Results
Date:11/1/2010

,097Cost of revenue   System

3,091,7343,474,4929,482,2259,250,005   Disposables, service and accessories

763,348811,0892,219,6803,162,142Total cost of revenue

3,855,0824,285,58111,701,90512,412,147Gross margin

10,017,1729,005,11227,805,03624,655,950Operating expenses:Research and development

2,868,4263,302,0089,595,97210,247,877Sales and marketing

7,269,0056,290,81422,410,73421,424,796General and administration

3,471,2443,654,20711,337,63711,006,981Total operating expenses

13,608,67513,247,02943,344,34342,679,654Operating loss

(3,591,503)(4,241,917)(15,539,307)(18,023,704)Other income/(expense)

(920,222)(489,139)49,83066,507Interest income

3,0042,7217,93434,069Interest expense

(635,176)(1,085,408)(1,951,098)(2,860,479)Net loss

$ (5,143,897)$ (5,813,743)$  (17,432,641)$ (20,783,607)Net loss per common share:   Basic and diluted

$
(0.10)$
(0.14)$
(0.35)$
(0.50)Weighted average shares used in computing net
loss per common share: Basic and diluted

50,137,85741,988,25149,847,32141,649,094
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SOURCE Stereotaxis, Inc.
Copyright©2010 PR Newswire.
All rights reserved

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