SRTS on Nasdaq
Sensus Healthcare, Inc.
American surgical and medical instruments and apparatus company. Summary from the record
Price unavailable
Last updated Oct 19, 2026.
Overview
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- TickerSRTS on Nasdaq2
- IndustrySurgical & Medical Instruments & Apparatus2
- HeadquartersBoca Raton, United States2
- Incorporated inDE3
- Business address851 Broken Sound Parkway Nw, Suite 215, Boca Raton, Fl 334873
- Filer categoryNon-accelerated filer, Smaller reporting company3
- Legal formCorporation2
- LEI549300F3JF8NCDJJZW042
- StatusActive2
- LEI statusLapsed (not renewed)2
- Registered addressC/O CORPORATE CREATIONS NETWORK INC., 19803 Wilmington, United States2
- Registered withDivision of Corporations, Department of State, 48207692
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As of December 31, 2025, the Company had installed 955 units in 21 countries, primarily in the United States.4 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Products and services
Product brought in 72% of the revenue Sensus Healthcare, Inc. broke down this way in fiscal 2025.
Products and services by year
| Products and services | 2024 | 2025 |
|---|---|---|
| Product | $36.4M | $19.8M |
| Service Revenue | $3.2M | $3.5M |
| Service | $2.0M | $2.5M |
| Product Revenue | $247.0K | $1.7M |
Regions
United States brought in 92% of the revenue Sensus Healthcare, Inc. broke down this way in fiscal 2025.
Regions by year
| Regions | 2024 | 2025 |
|---|---|---|
| United States | $40.2M | $25.4M |
| [Canada] | $1.4M | $2.0M |
| Other | $182.0K | $90.0K |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue47¢$15.6M
- Research and development23¢$7.8M
- Selling, general and admin24¢$7.9M
- Income tax6¢$1.9M
Out of $27.5M in revenue.5 The company lost money this year.
Where each dollar of operating cash went, fiscal 2025
- Capital spending37¢$196.0K
- Share buybacks57¢$300.0K
- Kept or used elsewhere6¢$32.0K
Out of $528.0K of cash from operations.5
Financial statements
Every line of the income statement as filed: the last 2 fiscal years, latest first.5
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Revenues | $27.5M | $41.8M |
| Cost of sales | $15.6M | $17.4M |
| Gross profit | $11.9M | $24.4M |
| General and administrative | $7.9M | $7.1M |
| Selling and marketing | $6.5M | $5.0M |
| Research and development | $7.8M | $4.2M |
| Total operating expenses | $22.2M | $16.3M |
| (Loss) income from operations | -$10.3M | $8.1M |
| Interest income, net | $683.0K | $932.0K |
| Other income, net | $683.0K | $932.0K |
| (Loss) income before income taxes | -$9.6M | $9.0M |
| (Benefit from) provision for income taxes | -$1.9M | $2.4M |
| Net (loss) income | -$7.7M | $6.6M |
| Net (loss) income per share - basic | -$0.47 | $0.41 |
| Net (loss) income per share - diluted | -$0.47 | $0.41 |
| Weighted average number of shares used in computing net (loss) income per share - basic | 16.3M shares | 16.3M shares |
| Weighted average number of shares used in computing net (loss) income per share - diluted | 16.3M shares | 16.4M shares |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 3 fiscal years (annual) or 3 quarters (quarterly), latest first.5
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash and cash equivalents | $22.1M | $22.1M | |
| Accounts receivable, net | $6.0M | $19.7M | |
| Inventories | $14.6M | $10.1M | |
| Prepaid inventory | $1.5M | $3.3M | |
| Other current assets | $1.7M | $1.5M | |
| Total current assets | $45.9M | $56.7M | |
| Property and equipment, net | $2.0M | $2.0M | |
| Deferred tax assets, net | $4.1M | $2.2M | |
| Operating lease right-of-use assets, net | $452.0K | $581.0K | |
| Other noncurrent assets | $640.0K | $652.0K | |
| Total assets | $53.0M | $62.2M | |
| Accounts payable and accrued expenses | $3.3M | $4.8M | |
| Product warranties | $275.0K | $329.0K | $538.0K |
| Operating lease liabilities, current portion | $262.0K | $204.0K | |
| Deferred revenue, current portion | $842.0K | $541.0K | |
| Total current liabilities | $4.7M | $5.9M | |
| Operating lease liabilities | $209.0K | $398.0K | |
| Deferred revenue, net of current portion | $10.0K | $55.0K | |
| Total liabilities | $4.9M | $6.3M | |
| Common stock, $0.01 par value 50,000,000 authorized; 17,056,845 issued and 16,463,809 outstanding at December 31, 2025; 17,036,845 issued and 16,495,396 outstanding at December 31, 2024 | $169.0K | $169.0K | |
| Additional paid-in capital | $46.1M | $45.8M | |
| Treasury stock, 593,036 and 541,449 shares at cost, at December 31, 2025 and December 31, 2024, respectively | -$3.9M | -$3.6M | |
| Retained earnings | $5.7M | $13.4M | |
| Total stockholders equity | $48.1M | $55.8M | $48.8M |
| Total liabilities and stockholders equity | $53.0M | $62.2M | |
| Preferred stock, shares authorized | 5.0M shares | 5.0M shares | |
| Preferred stock, shares issued | 0 shares | 0 shares | |
| Preferred stock, shares outstanding | 0 shares | 0 shares | |
| Common stock, par value (in dollars per share) | $0.01 | $0.01 | |
| Common stock, authorized | 50.0M shares | 50.0M shares | |
| Common stock, issued | 17.1M shares | 17.0M shares | |
| Common stock, outstanding | 16.5M shares | 16.5M shares | |
| Treasury stock, common, shares | 593.0K shares | 541.4K shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash and cash equivalents | $22.1M | $22.1M | |
| Accounts receivable, net | $6.0M | $19.7M | |
| Inventories | $14.6M | $10.1M | |
| Prepaid inventory | $1.5M | $3.3M | |
| Other current assets | $1.7M | $1.5M | |
| Total current assets | $45.9M | $56.7M | |
| Property and equipment, net | $2.0M | $2.0M | |
| Deferred tax assets, net | $4.1M | $2.2M | |
| Operating lease right-of-use assets, net | $452.0K | $581.0K | |
| Other noncurrent assets | $640.0K | $652.0K | |
| Total assets | $53.0M | $62.2M | |
| Accounts payable and accrued expenses | $3.3M | $4.8M | |
| Product warranties | $275.0K | $329.0K | $538.0K |
| Operating lease liabilities, current portion | $262.0K | $204.0K | |
| Deferred revenue, current portion | $842.0K | $541.0K | |
| Total current liabilities | $4.7M | $5.9M | |
| Operating lease liabilities | $209.0K | $398.0K | |
| Deferred revenue, net of current portion | $10.0K | $55.0K | |
| Total liabilities | $4.9M | $6.3M | |
| Common stock, $0.01 par value 50,000,000 authorized; 17,056,845 issued and 16,463,809 outstanding at December 31, 2025; 17,036,845 issued and 16,495,396 outstanding at December 31, 2024 | $169.0K | $169.0K | |
| Additional paid-in capital | $46.1M | $45.8M | |
| Treasury stock, 593,036 and 541,449 shares at cost, at December 31, 2025 and December 31, 2024, respectively | -$3.9M | -$3.6M | |
| Retained earnings | $5.7M | $13.4M | |
| Total stockholders equity | $48.1M | $55.8M | $48.8M |
| Total liabilities and stockholders equity | $53.0M | $62.2M | |
| Preferred stock, shares authorized | 5.0M shares | 5.0M shares | |
| Preferred stock, shares issued | 0 shares | 0 shares | |
| Preferred stock, shares outstanding | 0 shares | 0 shares | |
| Common stock, par value (in dollars per share) | $0.01 | $0.01 | |
| Common stock, authorized | 50.0M shares | 50.0M shares | |
| Common stock, issued | 17.1M shares | 17.0M shares | |
| Common stock, outstanding | 16.5M shares | 16.5M shares | |
| Treasury stock, common, shares | 593.0K shares | 541.4K shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 2 fiscal years, latest first.5
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Net (loss) income | -$7.7M | $6.6M |
| Credit loss expense | $44.0K | $123.0K |
| Depreciation | $386.0K | $239.0K |
| Amortization of right-of-use asset | $240.0K | $193.0K |
| Provision for product warranties | $503.0K | $255.0K |
| Stock-based compensation | $295.0K | $323.0K |
| Deferred income taxes | -$1.9M | -$57.0K |
| Accounts receivable | $13.6M | -$9.2M |
| Inventories | -$4.6M | $268.0K |
| Prepaid inventory | $1.8M | -$361.0K |
| Other current assets | -$176.0K | -$619.0K |
| Other noncurrent assets | $12.0K | $152.0K |
| Accounts payable and accrued expenses | -$1.5M | $2.0M |
| Operating lease liability | -$242.0K | -$181.0K |
| Income tax payable | -$37.0K | |
| Deferred revenue | $256.0K | -$121.0K |
| Product warranties | -$557.0K | -$464.0K |
| Net cash provided by (used in) operating activities | $528.0K | -$831.0K |
| Acquisition of property and equipment | -$196.0K | -$276.0K |
| Net cash used in investing activities | -$196.0K | -$276.0K |
| Repurchase of common stock | -$300.0K | |
| Withholding taxes on stock-based compensation | -$5.0K | -$52.0K |
| Exercise of stock options | $67.0K | |
| Net cash (used in) provided by financing activities | -$305.0K | $15.0K |
| Net increase (decrease) in cash and cash equivalents | $27.0K | -$1.1M |
| Income tax paid | $980.0K | $2.6M |
| Income tax refunds received | $395.0K | |
| Net transfers from inventory to fixed assets | $169.0K | $1.5M |
| Lease liability arising from obtaining right-of-use-assets | $111.0K |
No quarter-by-quarter statement was filed.
Leadership
Who has led Sensus Healthcare, Inc., and when. Pick a name to see everywhere that person has worked.
Chief executive
President
Chief financial officer
Chief operating officer
- Chief executive officerJoseph C. Sardano Jun 2, 2016 to now13
- PresidentMichael Sardano Jul 25, 2022 to now14
- Chief financial officerJavier Rampolla Jan 15, 2020 to now15
- Chief operating officerMagdalena Martinez Jan 11, 2023 to now16
- Chief operating officerNicolas Soro Jan 17, 2020 to Mar 10, 202217
Board members and other officers (17)
- Chief Technology OfficerCarlton Chow Jun 10, 2025 to now18
- Chief Technology OfficerEmiliano Sosa Jan 11, 2023 to Jan 11, 202319
- Chief Technology OfficerYonatan Vainer Feb 4, 2021 to Feb 4, 202120
- Chief Technology OfficerRuss Price Jan 16, 2020 to Jan 16, 202021
- Chief Technology OfficerKalman Fishman Jun 2, 2016 to Mar 26, 201922
- Executive Vice PresidentRichard Golin Jun 2, 2016 to Mar 22, 201923
- Board memberLarry Joseph Biscotti Feb 18, 2026 to now24
- Board memberEric Sachetta Nov 20, 2025 to now25
- Board memberMichael Sardano Jul 23, 2024 to now26
- Board memberMegan Cornish Jan 11, 2021 to Dec 19, 202427
- Board memberJohn Heinrich Jun 2, 2016 to May 24, 202428
- Board memberJoseph C. Sardano Jun 2, 2016 to now13
- Board memberSamuel O'Rear Jun 2, 2016 to May 10, 202329
- Board memberWilliam H. McCall Jun 2, 2016 to Dec 19, 202430
- Board memberDarrell S. Rigel Jun 17, 2016 to Jun 17, 201631
- Board memberAnthony Benedict Petrelli Aug 2, 2016 to Dec 19, 202432
- General counselMichael Sardano Oct 26, 2017 to now33
Former names
- Sensus Healthcare, LLCJul 2, 2010 to Dec 30, 20153
Timeline
Filings
150 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 42 major events, 71 insider forms, 5 large holders, 12 other. The latest 20:
- Aug 31, 20264 EDGAR
- Aug 28, 20264 EDGAR
- Aug 25, 20264 EDGAR
- Aug 24, 20264 EDGAR
- Aug 24, 20264 EDGAR
- Aug 14, 202610-Q EDGAR
- Aug 13, 20268-K EDGAR
- Jun 5, 20268-K EDGAR
- Jun 2, 20268-K EDGAR
- May 18, 2026SD EDGAR
- May 13, 202610-Q EDGAR
- May 12, 20264 EDGAR
- May 7, 20268-K EDGAR
- Apr 29, 2026DEF 14A EDGAR
- Apr 23, 20264/A EDGAR
- Apr 22, 20263/A EDGAR
- Apr 22, 20264/A EDGAR
- Apr 22, 20264/A EDGAR
- Mar 4, 202610-K EDGAR
- Feb 26, 20264 EDGAR
The 150 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
65 open-market trades by officers, directors and large owners since October 2021: 30 buys and 35 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Aug 31, 2026 | Sachetta EricDirector | Buy | 27,304 | $3.54 | $96.7K | Form 4 |
| Aug 28, 2026 | Sachetta EricDirector | Buy | 37,537 | $3.44 | $129.1K | Form 4 |
| Aug 27, 2026 | Sachetta EricDirector | Buy | 10,925 | $3.18 | $34.7K | Form 4 |
| Aug 26, 2026 | Sachetta EricDirector | Buy | 9,708 | $3.29 | $31.9K | Form 4 |
| Aug 24, 2026 | Sachetta EricDirector | Buy | 34,697 | $3.25 | $112.8K | Form 4 |
| Aug 21, 2026 | Sachetta EricDirector | Buy | 7,000 | $3.25 | $22.8K | Form 4 |
| Aug 20, 2026 | Sachetta EricDirector | Buy | 24,000 | $3.13 | $75.1K | Form 4 |
| Aug 20, 2026 | Sardano Joseph CCHIEF EXECUTIVE OFFICER | Buy | 20,000 | $3.02 | $60.4K | Form 4 |
| May 12, 2026 | Sachetta EricDirector | Buy | 1,500 | $3.34 | $5.0K | Form 4 |
| Feb 24, 2026 | Sachetta EricDirector | Buy | 2,000 | $3.81 | $7.6K | Form 4 |
| Nov 21, 2025 | Sachetta EricDirector | Buy | 7,000 | $3.93 | $27.5K | Form 4 |
| Nov 18, 2025 | Sardano MichaelPRESIDENT AND GENERAL COUNSEL | Buy | 1,000 | $3.80 | $3.8K | Form 4 |
| Nov 18, 2025 | Sardano Joseph CCHIEF EXECUTIVE OFFICER | Buy | 25,000 | $4.03 | $100.8K | Form 4 |
| Nov 13, 2025 | Sachetta EricDirector | Buy | 2,500 | $4.50 | $11.2K | Form 4 |
| Nov 11, 2025 | Sardano MichaelPRESIDENT AND GENERAL COUNSEL | Buy | 2,000 | $4.27 | $8.5K | Form 4 |
| Nov 11, 2025 | Sardano MichaelPRESIDENT AND GENERAL COUNSEL | Buy | 2,000 | $4.26 | $8.5K | Form 4 |
| Nov 11, 2025 | Sardano MichaelPRESIDENT AND GENERAL COUNSEL | Buy | 1,000 | $4.26 | $4.3K | Form 4 |
| Aug 13, 2025 | Sardano MichaelPRESIDENT AND GENERAL COUNSEL | Buy | 1,000 | $3.37 | $3.4K | Form 4 |
| Feb 10, 2025 | Rampolla JavierCHIEF FINANCIAL OFFICER | Buy | 501 | $5.95 | $3.0K | Form 4 |
| Feb 10, 2025 | Sardano MichaelPRESIDENT AND GENERAL COUNSEL | Buy | 1,000 | $5.95 | $6.0K | Form 4 |
All 65 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Joseph C. SardanoSCHEDULE 13G/A, 1 filing May 22, 202534
- Edwin Lee SolotSCHEDULE 13G/A, 4 filings Feb 7, 2022 to Feb 7, 202535
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 38. Change is in shares since the quarter before.
13F reports cover disclosed long positions in U.S. stocks only.
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 14SEC EDGARMichael Sardano, President
- 15
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- 21SEC EDGARRuss Price, Chief Technology Officer
- 22
- 23
- 24SEC EDGARLarry Joseph Biscotti, Board member
- 25SEC EDGAREric Sachetta, Board member
- 26SEC EDGARMichael Sardano, Board member
- 27SEC EDGARMegan Cornish, Board member
- 28SEC EDGARJohn Heinrich, Board member
- 29SEC EDGARSamuel O'Rear, Board member
- 30SEC EDGARWilliam H. McCall, Board member
- 31SEC EDGARDarrell S. Rigel, Board member
- 32
- 33SEC EDGARMichael Sardano, General counsel
- 34
- 35