vs
Side-by-side financial comparison of Stereotaxis, Inc. (STXS) and TON Strategy Co (TONX). Click either name above to swap in a different company.
Stereotaxis, Inc. is the larger business by last-quarter revenue ($8.6M vs $5.7M, roughly 1.5× TON Strategy Co). Stereotaxis, Inc. runs the higher net margin — -64.0% vs -3968.6%, a 3904.6% gap on every dollar of revenue. On growth, TON Strategy Co posted the faster year-over-year revenue change (694.2% vs 36.3%). Over the past eight quarters, TON Strategy Co's revenue compounded faster (46.1% CAGR vs 12.1%).
Stereotaxis Inc. is an American publicly traded medical technology company based in St. Louis, Missouri, that makes robotic systems used by physicians to perform minimally-invasive endovascular procedures, including electrophysiology studies and cardiac catheter ablation procedures.
STXS vs TONX — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $8.6M | $5.7M |
| Net Profit | $-5.5M | $-227.9M |
| Gross Margin | 50.1% | 64.3% |
| Operating Margin | -65.4% | -159.2% |
| Net Margin | -64.0% | -3968.6% |
| Revenue YoY | 36.3% | 694.2% |
| Net Profit YoY | 26.4% | -7047.9% |
| EPS (diluted) | $-0.06 | $-3.89 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $8.6M | $5.7M | ||
| Q3 25 | $7.5M | $3.6M | ||
| Q2 25 | $8.8M | $2.1M | ||
| Q1 25 | $7.5M | $1.3M | ||
| Q4 24 | $6.3M | $723.0K | ||
| Q3 24 | $9.2M | — | ||
| Q2 24 | $4.5M | — | ||
| Q1 24 | $6.9M | — |
| Q4 25 | $-5.5M | $-227.9M | ||
| Q3 25 | $-6.5M | $84.3M | ||
| Q2 25 | $-3.8M | $-2.4M | ||
| Q1 25 | $-5.8M | $-2.6M | ||
| Q4 24 | $-7.5M | $-3.2M | ||
| Q3 24 | $-6.2M | — | ||
| Q2 24 | $-5.8M | — | ||
| Q1 24 | $-4.5M | — |
| Q4 25 | 50.1% | 64.3% | ||
| Q3 25 | 54.9% | 75.4% | ||
| Q2 25 | 52.0% | 71.2% | ||
| Q1 25 | 54.4% | 73.4% | ||
| Q4 24 | 50.7% | 81.5% | ||
| Q3 24 | 44.6% | — | ||
| Q2 24 | 73.6% | — | ||
| Q1 24 | 57.6% | — |
| Q4 25 | -65.4% | -159.2% | ||
| Q3 25 | -87.8% | -601.5% | ||
| Q2 25 | -45.2% | -138.2% | ||
| Q1 25 | -79.3% | -203.8% | ||
| Q4 24 | -120.3% | -513.1% | ||
| Q3 24 | -69.0% | — | ||
| Q2 24 | -133.7% | — | ||
| Q1 24 | -69.0% | — |
| Q4 25 | -64.0% | -3968.6% | ||
| Q3 25 | -86.6% | 2336.8% | ||
| Q2 25 | -43.5% | -111.9% | ||
| Q1 25 | -77.9% | -196.5% | ||
| Q4 24 | -118.5% | -440.9% | ||
| Q3 24 | -67.3% | — | ||
| Q2 24 | -129.6% | — | ||
| Q1 24 | -65.5% | — |
| Q4 25 | $-0.06 | $-3.89 | ||
| Q3 25 | $-0.07 | $2.23 | ||
| Q2 25 | $-0.05 | $-1.79 | ||
| Q1 25 | $-0.07 | $-2.51 | ||
| Q4 24 | $-0.09 | $10.41 | ||
| Q3 24 | $-0.08 | — | ||
| Q2 24 | $-0.07 | — | ||
| Q1 24 | $-0.06 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $13.4M | $39.5M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $13.5M | $406.5M |
| Total Assets | $52.3M | $411.2M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $13.4M | $39.5M | ||
| Q3 25 | $10.5M | $53.9M | ||
| Q2 25 | $7.0M | $10.4M | ||
| Q1 25 | $10.6M | $12.2M | ||
| Q4 24 | $12.2M | $12.5M | ||
| Q3 24 | $10.7M | — | ||
| Q2 24 | $14.7M | — | ||
| Q1 24 | $17.6M | — |
| Q4 25 | $13.5M | $406.5M | ||
| Q3 25 | $6.3M | $639.1M | ||
| Q2 25 | $1.5M | $19.4M | ||
| Q1 25 | $2.9M | $14.6M | ||
| Q4 24 | $6.1M | $16.2M | ||
| Q3 24 | $10.8M | — | ||
| Q2 24 | $11.4M | — | ||
| Q1 24 | $14.6M | — |
| Q4 25 | $52.3M | $411.2M | ||
| Q3 25 | $45.6M | $661.9M | ||
| Q2 25 | $41.2M | $23.7M | ||
| Q1 25 | $45.7M | $18.4M | ||
| Q4 24 | $46.7M | $20.6M | ||
| Q3 24 | $50.9M | — | ||
| Q2 24 | $36.0M | — | ||
| Q1 24 | $39.5M | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-4.0M | $-8.0M |
| Free Cash FlowOCF − Capex | — | $-8.0M |
| FCF MarginFCF / Revenue | — | -139.3% |
| Capex IntensityCapex / Revenue | — | 0.1% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-20.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-4.0M | $-8.0M | ||
| Q3 25 | $-4.2M | $-9.4M | ||
| Q2 25 | $-3.7M | $-2.3M | ||
| Q1 25 | $-1.8M | $-1.1M | ||
| Q4 24 | $1.3M | $-1.9M | ||
| Q3 24 | $-4.3M | — | ||
| Q2 24 | $-3.1M | — | ||
| Q1 24 | $-2.3M | — |
| Q4 25 | — | $-8.0M | ||
| Q3 25 | — | $-9.4M | ||
| Q2 25 | — | $-2.3M | ||
| Q1 25 | — | $-1.1M | ||
| Q4 24 | — | $-2.0M | ||
| Q3 24 | $-4.3M | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | — | -139.3% | ||
| Q3 25 | — | -261.4% | ||
| Q2 25 | — | -107.8% | ||
| Q1 25 | — | -87.0% | ||
| Q4 24 | — | -279.9% | ||
| Q3 24 | -47.2% | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | — | 0.1% | ||
| Q3 25 | 0.0% | 0.4% | ||
| Q2 25 | — | 0.1% | ||
| Q1 25 | — | 5.1% | ||
| Q4 24 | — | 22.1% | ||
| Q3 24 | 0.1% | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | — | — | ||
| Q3 25 | — | -0.11× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
STXS
| Disposables Service And Accessories | $5.3M | 61% |
| Systems | $3.4M | 39% |
TONX
| Market Live | $4.8M | 83% |
| Other | $960.0K | 17% |
