A Business at a Glance
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Stereotaxis, Inc.
STXS
$118M
Mkt Cap
$1.29
-8.51%
Stereotaxis, Inc. (STXS) has a 5-year average return on invested capital (ROIC) of -61.3%. This is below average and may indicate limited pricing power.
Stereotaxis, Inc. (STXS) has a market capitalization of $118M. It is classified as a small-cap stock.
Stereotaxis, Inc. (STXS) does not currently pay a regular dividend.
Stereotaxis, Inc. (STXS) operates in the Electromedical & Electrotherapeutic Apparatus industry, within the Healthcare sector.
Stereotaxis, Inc. (STXS) reported annual revenue of $32 million in its most recent fiscal year, based on SEC EDGAR filings.
Stereotaxis, Inc. (STXS) has a net profit margin of -70.8%. The company is currently unprofitable.
Stereotaxis, Inc. (STXS) generated $-14 million in free cash flow in its most recent fiscal year. Negative free cash flow may indicate heavy investment or operational challenges.
ITEM 1. BUSINESS In this report, “Stereotaxis”, the “Company”, “Registrant”, “we”, “us”, and “our” refer to Stereotaxis, Inc. and its wholly owned subsidiaries. GenesisX RMN, Genesis RMN®, Niobe®, Navigant®, Synchrony, SynX, Odyssey®, Odyssey Cinema™, MAGiC ™, EMAGIN, Map-iT™, QuikCAS™, Cardiodrive®, Vdrive®, Vdrive Duo™, V-CAS™, V-Loop™, V-Sono™, and NuVizion are trademarks of Stereotaxis, Inc. All other trademarks that appear in this report are the property of their respective owners. This annual report on Form 10-K, including the sections entitled “Business” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations,” contains forward-looking statements.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 32M | 32M | 27M | 27M | 28M | 35M |
| Net Income | -23M | -23M | -25M | -22M | -20M | -12M |
| EPS | $-0.25 | $-0.25 | $-0.30 | $-0.27 | $-0.26 | $-0.16 |
| Free Cash Flow | -14M | -14M | -8.5M | -9.5M | -11M | -4.3M |
| ROIC | -317.8% | -317.8% | -41.8% | -103.3% | -65.2% | -34.7% |
| Gross Margin | 52.7% | 52.7% | 54.2% | 55.5% | 65.6% | 66.3% |
| Debt/Equity | 0.40 | 0.40 | 0.99 | 0.34 | 0.22 | 0.18 |
| Dividends/Share | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Operating Income | -22M | -22M | -25M | -22M | -19M | -13M |
| Operating Margin | -68.3% | -68.3% | -91.9% | -81.6% | -66.7% | -36.8% |
| ROE | -170.0% | -234.3% | -226.1% | -103.3% | -65.2% | -35.2% |
| Shares Outstanding | 92M | 92M | 85M | 82M | 76M | 75M |
| Metric | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||
| Revenue | 35M | 38M | 32M | 31M | 29M | 29M | 27M | 35M | 28M | 27M | 27M | 32M | 32M |
| Gross Margin | 76.5% | 72.3% | 76.6% | 65.5% | 80.5% | 78.8% | 71.2% | 66.3% | 65.6% | 55.5% | 54.2% | 52.7% | 52.7% |
| R&D | 5.2M | 6.3M | 5.5M | 6.7M | 8.2M | 9.0M | 8.1M | 10M | 11M | 10M | 9.8M | 9.4M | 9.4M |
| SG&A | 12M | 11M | 10M | 6.0M | 4.9M | 5.8M | 6.4M | 14M | 14M | 14M | 17M | 18M | 18M |
| EBIT | -5.4M | -5.4M | -6.4M | -5.9M | -2.5M | -4.8M | -6.7M | -13M | -19M | -22M | -25M | -22M | -22M |
| Op. Margin | -15.4% | -14.4% | -20.0% | -19.0% | -8.4% | -16.7% | -25.2% | -36.8% | -66.7% | -81.6% | -91.9% | -68.3% | -68.3% |
| Net Income | -5.2M | -7.4M | -12M | -7.3M | -1.3M | -6.0M | -8.0M | -12M | -20M | -22M | -25M | -23M | -23M |
| Net Margin | -14.9% | -19.5% | -36.7% | -23.5% | -4.5% | -20.8% | -30.1% | -34.4% | -69.8% | -82.4% | -94.2% | -70.8% | -70.8% |
| Non-Recurring | 0 | -6K | 283K | 3.9M | 226K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Returns on Capital | |||||||||||||
| ROIC | -17.8% | -22.6% | -30.7% | -33.3% | -13.3% | -50.0% | -27.5% | -34.7% | -65.2% | -103.3% | -41.8% | N/M | N/M |
| ROE | 42.9% | 48.7% | 60.3% | 30.5% | 10.4% | -50.0% | -27.9% | -35.2% | -65.2% | -103.3% | -226.1% | -234.3% | -170.0% |
| ROA | -18.9% | -34.4% | -59.2% | -46.3% | -9.0% | -19.4% | -16.2% | -20.7% | -34.3% | -46.3% | -57.2% | -46.3% | -43.9% |
| Cash Flow | |||||||||||||
| Op. Cash Flow | -9.1M | -2.5M | -6.6M | -4.7M | -2.5M | -4.6M | -3.5M | -2.9M | -8.4M | -9.1M | -8.5M | -14M | -14M |
| Free Cash Flow | -9.2M | -2.7M | -7.0M | -4.8M | -2.8M | -4.6M | -3.6M | -4.3M | -11M | -9.5M | -8.5M | -14M | -14M |
| Owner Earnings | -11M | -4.5M | -8.5M | -6.2M | -3.7M | -6.1M | -6.8M | -12M | -19M | -20M | -20M | -25M | -25M |
| CapEx | 124K | 153K | 410K | 82K | 265K | 29K | 71K | 1.4M | 2.4M | 366K | 34K | 93K | 93K |
| Maint. CapEx | 714K | 620K | 567K | 754K | 579K | 123K | 126K | 106K | 429K | 595K | 969K | 1.6M | 1.6M |
| Growth CapEx | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.3M | 1.9M | 0 | 0 | 0 | 0 |
| D&A | 714K | 620K | 567K | 754K | 579K | 123K | 126K | 106K | 429K | 595K | 969K | 1.6M | 1.6M |
| CapEx/OCF | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 0.0% |
| Capital Allocation | |||||||||||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividend Yield | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Buyback Yield | N/A | N/A | N/A | N/A | N/A | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | N/A | 0.0% | 0.0% |
| Stock-Based Comp | 1.5M | 1.3M | 1.4M | 769K | 561K | 1.3M | 3.2M | 9.4M | 11M | 11M | 10M | 9.9M | 9.9M |
| Debt Repayment | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 893K | 893K |
| Balance Sheet | |||||||||||||
| Net Debt | 11M | 13M | -8.5M | -3.7M | N/A | 8.0M | -41M | -34M | -23M | -34M | -6.2M | -8.0M | -8.0M |
| Cash & Equiv. | 7.3M | 5.6M | 8.5M | 3.7M | 11M | 30M | 44M | 39M | 8.6M | 20M | 12M | 13M | 13M |
| Long-Term Debt | 18M | 18M | N/A | N/A | N/A | N/A | 973K | N/A | N/A | N/A | N/A | N/A | 5.4M |
| Debt/Equity | -1.47 | -1.03 | -0.00 | -0.00 | 8.57 | 1.68 | 0.13 | 0.18 | 0.22 | 0.34 | 0.99 | 0.40 | 0.40 |
| Interest Coverage | -1.6 | -1.6 | -2.6 | -32.9 | -148.3 | -20.5 | -99.7 | -1171.6 | -38.8 | -19.9 | -35.6 | -47.3 | -47.3 |
| Equity | -13M | -18M | -21M | -27M | 1.3M | 23M | 35M | 34M | 26M | 16M | 6.1M | 13M | 13M |
| Total Assets | 24M | 19M | 21M | 11M | 19M | 44M | 55M | 61M | 53M | 42M | 47M | 52M | 52M |
| Total Liabilities | 36M | 37M | 42M | 37M | 11M | 15M | 15M | 22M | 21M | 20M | 35M | 34M | 34M |
| Intangibles | 1.4M | 636K | 437K | 159K | N/A | N/A | N/A | N/A | N/A | N/A | 7.4M | 6.4M | 6.4M |
| Retained Earnings | -459M | -466M | -471M | -477M | -477M | -481M | -488M | -499M | -517M | -538M | -562M | -583M | -583M |
| Working Capital | 4.8M | 1.0M | -16M | -20M | 7.8M | 27M | 39M | 38M | 29M | 20M | 4.8M | 11M | 11M |
| Current Assets | 21M | 17M | 19M | 9.9M | 18M | 39M | 53M | 51M | 43M | 33M | 26M | 34M | 34M |
| Current Liabilities | 16M | 16M | 36M | 30M | 10M | 12M | 14M | 13M | 14M | 13M | 22M | 22M | 22M |
| Per Share Data | |||||||||||||
| EPS | -0.09 | -0.12 | -0.18 | -0.11 | -0.03 | -0.10 | -0.11 | -0.16 | -0.26 | -0.27 | -0.30 | -0.25 | -0.25 |
| Owner EPS | -0.19 | -0.07 | -0.13 | -0.09 | -0.08 | -0.10 | -0.09 | -0.16 | -0.26 | -0.25 | -0.23 | -0.27 | -0.27 |
| Book Value | -0.21 | -0.28 | -0.33 | -0.39 | 0.03 | 0.38 | 0.48 | 0.45 | 0.35 | 0.20 | 0.07 | 0.15 | 0.15 |
| Cash Flow/Share | -0.15 | -0.04 | -0.10 | -0.07 | -0.06 | -0.08 | -0.05 | -0.04 | -0.11 | -0.11 | -0.10 | -0.15 | -0.23 |
| Dividends/Share | 0.00 | 0.00 | 0.00 | 0.00 | N/A | N/A | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Shares Out. | 60.0M | 63.0M | 65.6M | 68.6M | 43.9M | 60.2M | 72.9M | 75.4M | 75.5M | 81.7M | 84.5M | 91.7M | 91.7M |
| Valuation | |||||||||||||
| P/E Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | -5.2 |
| P/FCF | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| EV/EBIT | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Price/Book | N/A | N/A | N/A | N/A | 38.5 | N/A | N/A | N/A | N/A | N/A | 31.8 | N/A | 8.8 |
| Price/Sales | 1.9 | 0.8 | 0.6 | 0.5 | 1.3 | N/A | N/A | N/A | N/A | N/A | 6.8 | N/A | 3.7 |
| FCF Yield | -32.0% | -16.4% | -52.3% | -25.4% | -5.6% | N/A | N/A | N/A | N/A | N/A | -4.4% | N/A | -11.7% |
| Market Cap | 29M | 16M | 13M | 19M | 50M | 0 | 0 | 0 | 0 | 0 | 194M | 0 | 118M |
| Avg. Price | 3.33 | 1.49 | 0.93 | 0.67 | 0.90 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 2.18 | 0.00 | 1.29 |
| Year-End Price | 1.44 | 0.78 | 0.61 | 0.82 | 1.15 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 2.29 | 0.00 | 1.29 |
Stereotaxis, Inc. passes 1 of 9 quality checks, indicating weak fundamentals.
The company's 5-year average gross margin is 58.9%.
Stereotaxis, Inc. (STXS) has a debt-to-equity ratio of 0.40. This indicates a conservatively financed balance sheet.
Stereotaxis, Inc. (STXS) reported earnings per share (EPS) of $-0.25 in its most recent fiscal year.
Stereotaxis, Inc. (STXS) has a return on equity (ROE) of -234.3%. A negative ROE may indicate losses or negative equity.
Stereotaxis, Inc. (STXS) has a 5-year average gross margin of 58.9%. This high margin suggests strong pricing power and a potential competitive moat.
The Ledger Terminal provides 16 years of financial data for Stereotaxis, Inc. (STXS), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
Stereotaxis, Inc. (STXS) has a book value per share of $0.15, based on its most recent annual SEC filing.