Expansion of CPT Codes
The historic expansion of CPT codes for STRATA's XTRAC 308-nanometer excimer laser, effective January 1, 2027, will expand reimbursement eligibility to include multiple inflammatory and autoimmune skin conditions, increasing the addressable market by threefold.
Elevate360 Program Success
Since the beginning of 2025, 99 clinics part of the Elevate360 program have seen an average growth of 7% year over year. The gross billings per device increased by 8.5% versus 2024, reaching the highest since 2022.
International Expansion
Regulatory approval and initial commercial placements of technologies in Mexico mark significant progress in international expansion.
Successful Litigation Outcomes
STRATA won an injunction against LaserOptik, limiting damage and allowing 20 clinics to return, contributing over $1 million in annual revenue.
Improved Financial Metrics
Adjusted EBITDA turned positive compared to negative $240,000 in the previous year, driven by lower operating expenses.