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Stereotaxis, Inc. develops robotic technologies for minimally invasive endovascular intervention, with recurring news centered on electrophysiology and arrhythmia treatment. Company updates cover the MAGiC™ Magnetic Interventional Ablation Catheter, MAGiC Sweep high density mapping catheter, Genesis and GenesisX robotic magnetic navigation systems, and related clinical use in complex heart-rhythm procedures.
News also includes FDA and international regulatory clearances or approvals, hospital robotic heart-arrhythmia program launches, commercialization of cath-lab technologies such as Synchrony™ and SynX™, manufacturing and product-pipeline progress, material agreements, capital-structure updates, and periodic operating and financial results.
Stereotaxis (NYSE: STXS) reported results for the quarter ended September 30, 2025: total revenue $7.5M (Systems $1.9M; Recurring $5.6M). Gross margin was 55% (recurring 67%, systems 19%). Operating loss was $6.6M and net loss was $6.5M, with adjusted operating loss excl. non-cash charges of $2.5M. Negative free cash flow for Q3 was $4.2M. Cash on hand was $10.5M (pro forma $14.5M including an upcoming $4M financing tranche).
Operational highlights include FDA clearance for GenesisX, CE Mark and FDA submission for Synchrony, early commercial sales of MAGiC and MAGiC Sweep (>$300k revenue in first two months), and two Genesis orders in Europe. Company expects Q4 revenue >$9M and full-year 2025 revenue growth >20%.
Stereotaxis (NYSE: STXS) announced U.S. FDA 510(k) clearance for its new robotic system, GenesisX, on November 10, 2025. GenesisX preserves Robotic Magnetic Navigation while improving accessibility through built-in magnetic shielding, operation on standard 120/230V power, no structural anchoring, and an 80% smaller system cabinet, enabling installation in existing non-modified cath labs.
Stereotaxis has started a limited launch in the United States and Europe, is expanding compatible catheters and imaging compatibility, and is preparing supply chain, manufacturing, installation, and commercial processes for a full launch. GenesisX offers flexible capital models including sales, leases, and pay-per-use.
Stereotaxis (NYSE: STXS) will report its third quarter 2025 financial results on Tuesday, November 11, 2025 after the U.S. market close.
The company will host a conference call and webcast at 4:30 p.m. ET (1:30 p.m. PT) the same day to discuss results and corporate developments. Participants may dial 800-715-9871 (US/Canada) or 646-307-1963 (international) using pass code 4402192. A live and replay webcast will be available via the company’s investor relations website, and a phone replay will be available for one month beginning about four hours after the call.
Stereotaxis (NYSE: STXS) announced on Oct 15, 2025 that it obtained CE Mark in Europe and submitted a 510(k) application to the FDA for the Synchrony system, a platform designed to modernize interventional cath labs. Synchrony pairs a 55" 4K display with 1 frameSynX, a cloud app that the company says is HIPAA and GDPR compliant for remote connectivity, collaboration, recording, and monitoring. The company positions the platforms as foundational for future AI, remote procedures, and improved lab workflows.
Stereotaxis (NYSE: STXS) and CardioFocus announced a Collaboration Agreement on October 13, 2025 to advance a first‑ever robotic Pulsed Field Ablation (PFA) solution toward commercialization.
The collaboration pairs CardioFocus’ CE‑marked Centauri PFA system (used in >9,000 patients and reported in >40 publications) with Stereotaxis’ MAGiC catheter and Robotic Magnetic Navigation (RMN) platform (used in >150,000 patients and reported in >500 publications). Companies completed bench and pivotal preclinical studies showing safe, efficient, deep durable ventricular lesions and plan to move toward first‑human use, clinical trial initiation, regulatory compatibility work, and commercialization in the coming months.
Stereotaxis (NYSE:STXS), a pioneer in surgical robotics, announced that Erasmus Medical Center in Rotterdam has successfully performed its first procedures using the Genesis Robotic Magnetic Navigation System. Erasmus MC, having completed over 4,500 procedures with Stereotaxis technology, becomes the first center in The Netherlands to implement this advanced system.
The Genesis System represents the latest advancement in Robotic Magnetic Navigation technology, designed to treat arrhythmias through cardiac ablation. Dr. Sing-Chien Yap, Director of Electrophysiology at Erasmus Medical Center, highlighted the system's enhanced speed and responsiveness, particularly when combined with the MAGiC Catheter, benefiting patients with complex arrhythmias, including children and those with congenital heart disease.
Stereotaxis (NYSE: STXS) has achieved a significant milestone with the completion of the world's first procedures using MAGiC Sweep™, their pioneering robotically-navigated high-density electrophysiology mapping catheter. The procedures were successfully performed at Deborah Heart and Lung Center in New Jersey.
The MAGiC Sweep catheter demonstrated key advantages including accurate mapping of complex anatomy, stable cardiac tissue contact, clear electrogram signals, and absence of ventricular ectopy. Following recent FDA clearance, Stereotaxis has begun the commercial launch in the United States, while European regulatory clearance is pending.
This breakthrough represents a major advancement in robotic electrophysiology, with the technology already used to treat over 150,000 patients globally across the United States, Europe, and Asia.
Stereotaxis (NYSE: STXS), a pioneer in surgical robotics for minimally invasive endovascular intervention, has announced its participation in two upcoming investor conferences in New York City this September. CEO David Fischel will present at the H.C. Wainwright 27th Annual Global Investment Conference on September 10th, 2025, at 8:00 am EDT, and attend the Lake Street Capital 9th Annual Best Ideas Growth Conference on September 11th, 2025.
The company, which has treated over 150,000 patients globally with its robotic technology, will discuss its technological and commercial progress in its growth strategy. One-on-one meetings with Mr. Fischel can be arranged through conference registration.
Stereotaxis (NYSE: STXS), a pioneer in surgical robotics for minimally invasive endovascular intervention, will showcase its technology at the upcoming HRX digital health conference from September 4-6, 2025, in Atlanta.
CEO David Fischel will participate in a roundtable discussion on September 5th at 3:45 PM EDT. Following this, at 4:45 PM EDT, a panel of electrophysiologists will lead a session titled "Cutting-Edge Ablation Techniques That Challenge Traditional Methods and Improve Patient Outcomes", exploring robotics, AR/VR, AI, and automation in cardiac care.
The company's technology has been used to treat over 150,000 patients across the United States, Europe, Asia, and elsewhere.
Stereotaxis (NYSE: STXS), a pioneer in surgical robotics, reported its Q2 2025 financial results with significant growth. Total revenue reached $8.8 million, up 95% year-over-year and 18% sequentially. System revenue was $3.0 million, while recurring revenue grew 35% to $5.8 million.
The company achieved a notable milestone with FDA clearance of MAGiC Sweep, its first interventional catheter approval in nearly 20 years. Gross margin was 52%, with recurring revenue margin at 68% and system margin at 22%. The quarter ended with $7.0 million in cash, subsequently strengthened by a $12.5 million strategic financing in July.
Management reiterated expectations of double-digit revenue growth for 2025, projecting $2-3 million quarterly system revenue and recurring revenue scaling to $7 million by Q4 2025.