Catheter Precision(VTAK) - 2024 Q4 - Annual Results
Financial Performance - Total assets as of December 31, 2024, were 11.8 million[7] - Fourth quarter revenue was 420 thousand[7] - Net loss for the fourth quarter was 3.1 million attributed to non-cash charges[7] - Total net loss for 2024 was 7.5 million were non-cash charges[7] Product Development and Sales - The first sales of LockeT occurred in Q2 2024 and grew sequentially each quarter through the end of the year[1] - 26 institutions evaluated LockeT by year-end, either conducting or having completed their evaluations[1] - CE Mark for LockeT is anticipated in Q2 2025, allowing sales in 32 European countries[1] - Randomized Controlled Trial (RCT) for VIVO is planned to begin in Q3 2025[1]