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Acutus Medical Reports Full Year 2024 Financial Results
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Acutus Medical, Inc. reported a 181% increase in revenue from continuing operations for 2024, totaling $20.2 million, with a reduced operating loss of $0.1 million. The company recorded a $10.8 million gain on the sale of a business and improved gross margin to 5%. However, it faced a net loss of $4.6 million. Due to a strategic shift, Acutus will no longer provide financial guidance. As of December 31, 2024, the company had $14.0 million in cash and equivalents.
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