v3.26.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenues:        
Revenues $ 1,019 $ 212 $ 1,451 $ 355
Cost of revenues:        
Total cost of revenues 921 14 963 25
Gross profit 98 198 488 330
Operating expenses        
Selling, general and administrative 3,911 2,881 6,470 6,366
Research and development 142 155 291 258
Acquired in-process research and development 0 1,848 0 1,967
Total operating expenses 4,053 4,884 6,761 8,591
Operating loss (3,955) (4,686) (6,273) (8,261)
Other income (expense), net        
Interest income 4 3 6 21
Change in fair value of royalties payable due to related parties 0 (1,667) 0 (2,830)
Change in fair value of trading debt securities 0 10 0 10
Change in fair value of minority equity interest 0 0 (2,302) 0
Change in fair value of deferred consideration 318 0 3,195 0
Loss on debt extinguishment (105) 0 (105) 0
Unrealized gains and losses on marketable securities, net 378 0 378 0
Other expenses, net (54) (1) (59) (1)
Total other income (expense), net 337 (1,722) 790 (2,916)
Loss from operations before income tax benefit (3,618) (6,408) (5,483) (11,177)
Income tax benefit 312 950 487 1,674
Net loss (3,306) (5,458) (4,996) (9,503)
Less: Net loss attributable to non-controlling interest (11) (349) (20) (349)
Net loss attributable to Catheter Precision, Inc. (3,295) (5,109) (4,976) (9,154)
Deemed dividend on warrant inducement offer 0 0 (1,360) 0
Deemed contribution on extinguishment of preferred stock 740 0 740 0
Net loss attributable to Catheter Precision, Inc. common stockholders $ (2,555) $ (5,109) $ (5,596) $ (9,154)
Net loss per share attributable to Catheter Precision, Inc. common stockholders, basic and diluted (in dollars per share) $ (0.92) $ (7.28) $ (2.26) $ (14.09)
Weighted-average common shares used in computing net loss per share, basic and diluted (in shares) 2,767,440 701,896 2,481,226 649,558
Nonrelated Party [Member]        
Other income (expense), net        
Interest expense $ (161) $ (22) $ (237) $ (26)
Related Party [Member]        
Other income (expense), net        
Interest expense (43) (45) (86) (90)
Product [Member]        
Revenues:        
Revenues 270 212 518 355
Cost of revenues:        
Total cost of revenues 22 14 53 25
Service [Member]        
Revenues:        
Revenues 749 0 933 0
Cost of revenues:        
Total cost of revenues $ 899 $ 0 $ 910 $ 0