Financial HealthSTXS likely ended 2024 with approximately $12M in cash and no debt, which could allow for the commercialization of its next-generation product ecosystem and reach profitability without additional financing.
Market ExpansionChina has around 1K hospitals that could adopt STXS's technology, creating optimism about the upcoming China rollout by partner MicroPort.
Regulatory ApprovalsThe approval of the Magbot catheter in China is another key win, ahead of what should be a big year for STXS in 2025.