Financial LossThe Q3'25 net loss was $13.5M, or a loss of $0.37 per share.
Market Share DeclineCeribell is expected to retain nearly all its market share over this time period, dropping only incrementally from 77.5% share in 2024 to 72.3% share in 2027.
Seasonal ImpactCeribell does not launch new accounts in the final weeks of December, as holiday launches tend to be lower quality, so this clearance is not expected to materially impact 2025 numbers.