Financial PerformanceGross margin for the quarter was 45%, a significant decline from 52% last year, indicating potential challenges in maintaining profitability.
Future OutlookStereotaxis expects revenue to be greater than $14.0M in the second half of the year, implying a total revenue decline of 5% year-over-year for 2024, suggesting a cautious outlook for future growth.
RevenueRevenue totaled $4.5M, falling short of the Street's consensus estimate of $5.6M, highlighting potential concerns in meeting market expectations.