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STRATA Skin Sciences (SSKN) investor relations material
STRATA Skin Sciences Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2025 earnings summary13 Aug, 2025
Executive summary
Historic expansion of CPT codes for excimer laser reimbursement could triple the addressable patient market to 30 million, with further expansion possible via G-code applications by 2026, driving future growth.
Q2 2025 revenue was $7.7 million, down 9% year-over-year, with both recurring procedures and equipment segments declining.
Net loss for Q2 2025 was $2.5 million (EPS of -$0.60), compared to $0.1 million (EPS of -$0.03) in Q2 2024.
Direct-to-consumer campaigns and Elevate360 consulting are increasing device utilization and recurring revenue per device.
Litigation against LaserOptik/LaserOptek is progressing, with new defendants added and potential damages in the eight-digit range.
Financial highlights
Q2 2025 revenue was $7.7 million, down from $8.4 million in Q2 2024; global recurring revenue was $5.1 million, and equipment revenue was $2.5 million.
Gross profit for Q2 2025 was $4.3 million (56% margin), down from $5.0 million in Q2 2024.
Adjusted EBITDA for Q2 2025 was -$762k, compared to $1.0 million in Q2 2024.
Cash and cash equivalents as of June 30, 2025, were $6.0 million, down from $8.6 million at year-end 2024.
Operating expenses rose to $6.5 million, up $1 million year-over-year, driven by higher selling, marketing, and litigation costs.
Outlook and guidance
Expanded reimbursement codes are expected to more than triple the available patient population, with positive long-term impact anticipated despite seasonal business slowdowns.
Management expects cash and anticipated revenues to be sufficient for at least the next 12 months, but notes risks from market conditions, supply chain disruptions, and geopolitical events.
Final CMS rule on temporary G codes and reimbursement expected in November 2025.
Elaborate on the temporary G codes implementation.
Quantify Elevate 360's impact on partner revenue.
What is the status of LaserOptek litigation damages?
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Next STRATA Skin Sciences earnings date
Q3 202512 Nov, 2025
Next STRATA Skin Sciences earnings date
Q3 202512 Nov, 2025
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Frequently asked questions
STRATA Skin Sciences, Inc. markets XTRAC and VTRAC excimer laser systems that enable physicians to treat skin conditions, such as psoriasis, vitiligo, and atopic dermatitis. It also develops Athelos, a therapeutic device to diminish pain, itching, and sleep interruption associated with various skin disorders by reducing the activity of mast cells; EPAT technology for orthopedics/musculoskeletal sector; OPAL-NX gas plasma lasers to treat actinic keratosis/squamous cell carcinoma in situ; MMS laser phototherapy devices; and radiofrequency microneedle fractional platforms. The company has a collaboration agreement with Galderma S.A.; and a licensing agreement with Tufts Medical Center for use of technology for the treatment of hypertrophic scars. STRATA Skin Sciences, Inc. was founded in 1989 and is headquartered in Horsham, Pennsylvania."
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