Revenue Growth
Total revenue for Q2 2025 was $13.6 million, marking a 15% increase over the same quarter last year.
Expansion of U.S. Operations
The number of active implanting centers in the U.S. increased from 227 to 240, and the number of sales territories expanded from 45 to 47.
Reimbursement Improvements
CMS proposed maintaining Barostim's procedure assignment to a new technology APC with approximately $45,000 payment. Transition to Category 1 CPT codes in 2026 will improve reimbursement predictability.
Clinical Strategy Advancements
Progress in discussions with FDA on a randomized controlled trial design and ongoing development of additional clinical evidence through various trials.
Gross Margin Consistency
Gross margin remained consistent at 84% compared to the prior year period.
Leadership Appointment
Brent Binkowski appointed as Chief Operating Officer, bringing over 20 years of leadership experience in medical devices.