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Segment Information
12 Months Ended
Dec. 31, 2025
Segment Reporting [Abstract]  
Segment Information

16. Segment Information

 

Stereotaxis’ mission is to improve endovascular care by delivering precise, magnetically enabled, computer-guided control of interventional devices combined with advanced imaging and information systems. Our products work in an integrated ecosystem of systems, instruments and devices to enhance patient outcomes, improve clinical workflows, increase procedure efficiency and enable hospitals to provide safer, more effective patient treatment. Our systems and integrated instruments and devices are primarily developed and manufactured by Stereotaxis and are marketed to a broad base of hospitals in the United States and internationally. The Company manages the business activities on a consolidated basis and operates in one operating and reportable segment.

 

The Company’s Chief Executive Officer is the Chief Operating Decision Maker (“CODM”). The CODM utilizes the Company’s long-range strategic plan, including product development targets, as a key input to resource allocation. The CODM makes decisions on resource allocation, assesses performance of the business, and monitors actual results using income from operations.

 

Significant expenses within income from operations, as well as within net income/loss, include cost of revenue, research and development, and selling, general and administrative expenses, which are each separately presented on the Company’s Consolidated Statements of Operations.

 

Geographic revenues for the years ended December 31, 2025 and 2024 were as follows (in thousands):

 

 

   Year Ended December 31, 
   2025   2024 
United States  $12,866   $13,427 
International   19,511    13,491 
Total  $32,377   $26,918 

 

Revenues are attributed to countries based on the location of the customer.

 

The Company’s long-lived assets consist primarily of property, plant, and equipment, and intangible assets. As of December 31, 2025 and 2024, no individual country other than the U.S. accounted for 10% or more of these assets.