Catheter Precision

Q1 FY2026 EarningsFY26 Q2 results missed consensus expectations significantly on the top line, with revenue of $1.02M vs. $2.02M expected. Gross margin plummeted to 9.62% compared to the 73.00% consensus, primarily due to the high-cost structure of the newly acquired private aviation segment. While GAAP Net Loss of $3.31M was wider than the $2.00M expected loss, GAAP EPS of -$0.92 beat the -$1.90 consensus due to significant share dilution from convertible preferred stock issuances. Management continues to face substantial doubt regarding the company's ability to continue as a going concern.