Record Revenue Growth
Total revenue for Q2 2025 was $9.2 million, a 17% increase from $7.9 million in Q2 2024, driven by growth across all segments.
Biologics and Drug Delivery Expansion
Biologics and drug delivery revenue increased by 10% to $4.7 million, with a 12% increase in product revenue and an 8% increase in service revenue.
Neurosurgery Navigation Revenue Surge
Neurosurgery navigation revenue increased by 33% to $3.4 million, attributed to new product offerings and additional placements.
Strong Cash Position
Cash and cash equivalents rose to $41.5 million as of June 30, 2025, from $20.1 million at the end of 2024.
Global Expansion and Regulatory Clearances
ClearPoint technology is now available at more than 100 centers globally and has regulatory clearance in 36 countries, with expansions into Canada, Japan, and China initiated.
3.0 Navigation Software Success
The new 3.0 ClearPoint ICT navigation software has been well-received, with deployment in 35 sites and showing improved procedure efficiency and accuracy.
Partnership with Oberland Capital
Secured funding from Oberland Capital in both debt and equity forms, supporting long-term strategic initiatives.