Heart Tronics(OTC) HRTT

Heart Tronics, Inc. is a medical technology company based in Studio City, California, specializing in the development and marketing of innovative medical devices. Established in 1987, the company focuses on solutions that track and quantify biological signals to aid in illness identification.

Products and Services

• Fidelity 100 Monitor System for ECG data collection
• Fidelity 350 Holter Monitor for continuous ECG monitoring
• Fidelity 200 Event Recording System for proactive heart health monitoring

Growth Outlook

• Continuous development of innovative medical devices enhances market potential
• Expansion into over-the-counter heart monitoring devices targets a broader audience
• Increased focus on remote patient monitoring aligns with healthcare trends

Financial Highlights

• Recent quarterly net income reported at -$8.17 million
• Trailing twelve months (TTM) revenue remains at $0
• Cash and cash equivalents decreased to $2,387 in Q3 2008

Heart Tronics, Inc. operates in the medical devices sector, focusing on advanced technologies that support patient health monitoring. The company’s flagship products, including the Fidelity 100 Monitor System and the Fidelity 350 Holter Monitor, are designed to provide critical data for healthcare providers. Despite recent financial challenges, the ongoing development of new products and a strategic focus on expanding market reach may position the company for future growth. The healthcare industry is increasingly leaning towards remote monitoring solutions, which aligns with Heart Tronics' product offerings. Investors may find the company's innovative approach and potential for market expansion noteworthy.