I'm Caroline. the private only AFIM. results. Well, everyone today our we that our of a first for you, you all public IPO And and news to you, it QX Thank the NASDAQ for QX, thank provide to successful before us under Gary public an been update call our on as I on for most month, just the pleased Xth over we Exchange turn Hopefully review trade on joining on financial earnings company. now August and the symbol have to saw today, we're of had over a business
in XXXX, review, to in an we an in electrophysiology to business or as our California, the provide and to Carlsbad, was the improve why patients update, physicians to and Before us newer story, like for a the Acutus overview company's Medical to diagnosed and company, community. important cardiac arrhythmias and of those way company. the is so To Acutus electrophysiology treated are as pure-play who I'd the EP founded to mission say,
and physicians to a sales Through presence and more field with helping is company established arrhythmias acquisitions, delivering a distribution physicians array internal treat more which EP Our and an or to heart patients portfolio we global effectively. differentiated technologies, to the in-licensing committed and products more advancing efficiently EP manage irregular enable products. technology, rhythms highly of partnerships, global development, of agreements have product
for with a each in of arrhythmias markets. to our the goal provide treatment our geographic cardiac customers is comprehensive Our solution of
to Mapping impulses mapping System. is finding speed product AcQMap, of heart foundational the precision. source unique the and unmatched arrhythmias approach Imaging the and of system electrical with a Our our This and offers
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daily help we the reviews teams physicians for internal This important daily we And several provide with purposes, feedback serves But do the notably sidebar, as outcomes importantly, done team important salient development Acutus previous cases for most and updated from our have share most points day entire great such the our world. entire keeping the company, we thing, where keeping most patients. of a their As around the from field. grounded. the
highlights. some to explained bit about to quarter I've we and performance like a turn you would that are, walk through Now I our second now who
seen the truly I'm to quarter XXXX some as challenges unique medical second First, of device all sure virtually ongoing the you’ve companies, due provided pandemic. with
responded most to a very quickly sought difficult Here make at and Acutus, our the out team situation. of
Society supply inventory maintain contracts. actions pause product and conceived, base, ensure also May. availability and the including temporary Symposium formulated and plans and electrophysiology Heart Remarkably, and customers of with our executed in just to clinician Our reorientation of Rhythm existing built of contact After both day following future have five improve the to on also to the our frequent of in of COVID-XX the meeting in mind. training, safe, we our a a employees, keep console business pandemic designed customers safety challenges, which thankfully customer were to in negotiated during worker assembly successfully partners weeks, own manufacturing X.X foremost, conducted safety our event due placement cancellation line, while front materialized. ensure not and and we during we pipeline and safety at maintaining continuity stock announcement online those three of to employee in-person the first
refer mappers attend mappers is these the training clinicians provisionally on highly When during are the field worldwide. the nursing for certified mapper staff. mapping alongside closely end are case. operate the efforts and certified each procedure and system, internal we with works system our the had tenured working on as alongside the six zero XX. the fully on personnel At mappers. but electrophysiologist. an certified mapper This March the the trained pace integral certified up clinician The and of provisionally work mappers We the who fully Our and of cases. from are mappers more operators is during to XX XX clinical still and of trained, the component Provisional focused fully June,
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continued hiring many While of some parts the and mappers we business, from we as impacts of We ceased April US saw or during as EP where see and our in our a interruptions, consoles procedures did decline timeframe, and Europe have with minimal the labs in significant severely of such operations. the March pandemic. number training the curtailed
to for access commercial reduced teams. mappers experienced hospitals also and our We
Although our we progressive other our for COVID returned flow reopen. pressures team return disease, from tailwind of beneficial electrophysiology the find safely physicians as nature a ahead hospitals EP and discomfort as activity for and quickly preparations labs. to the patients motivated acted further drove as to substantial facilities see and procedures access Generally, respond, cash EP of to financial and regained the for to activity enabled to hospitals hospitals, the services procedural EP ways the patient specialties, at reopened, labs. to
to for Moving main I plans. would on drivers our from business COVID our response, revenue our and like growth frame the
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saw As COVID. the a we centers worldwide essentially due second of quarter down shut began, to EP complete
As several into we orders of service that activities attention began was to quickly previously generating we our the console bring mentioned, turned operations. once returning to normal goal could hospitals with
quarter end third terms that As we were of course the XXXX, early largely it saying well many seeing placements, return acknowledging before continued steady provide levels comfortable per generated able sporadic at with the be access recent were through on are quarter. To as of what a the work by And in that new plans. observed pandemic. of to EP we the our lab quarter expect the did existing customers we we our could feel summary, In in recovery impacts of while console quarter bit COVID in customers, console more by of see placements we close the progressed, there see cadence hospital a orders we to we June worked and as to operations. color, of
to we quarter. and now interruptions recovery Moving case saw similar late similar the in volumes,
steadily February our well, we procedural the experienced activity. full of tracking plans As January both XXXX, first launch executed quarter on growing we in early commercial and and were
procedural saw in during further the we when US cancellations which deceleration also late presence, EP begin and saw initial COVID-driven is European cancellations and our February Given shutdowns. March, lab
needs recovery. prioritized from EP Due the treatment EP of pandemic, the as resulting As hospitals, of EP cash procedures first dramatically towards predict, hospitals the procedural you was see would specialties activity flow these sensitive procedures. slowed as to one and non-emergency hospital as based combating for well the resources with patients, time into arrhythmia for rescheduling going delays April, favorable to of
June recently, With seen move August by these we many we the we levels the play, year observed saw we May pre-COVID factors returning we in June. that accounts. were and levels activity to and lab saw had EP procedural seeing what early More in at normalcy, in to activity comparable towards of July
we EP we significant UK, also would would due expect Although and to European we restarting you which vacations, know did have years. seasonality normal operations. normal in the a summer the presence has may see future impacts some also I which hospital rest in note, lab somewhat and that lagged of Europe
now in We to levels. will would revenue their now to regain we see quickly of our UK procedure. hopeful our procedural are reopening like them I briefly activity are seeing most sites prior per and turn
sales $X,XXX a get business. we number, wanted been XXXX. understand for forces AcQMap sell that that our more as you that products, quarter products. alongside so we can [ph] goal have more procedures this guiding procedure our revenue of Catheter US as increase we goal this we be a into products our we Our is procedures revenue our bag into but will system. to with It to additional procedure AcQGuide end, and per number transseptal to approximately baseline is to increase Catheters increasingly time. access AcQRef Introducer providing the number, To won't are was update Please on give our and add able with second over you Sheath note, mapping It quarterly per our our
as sells place, markets into such definitive primarily company, German rhythm and quarter cardiac Biotronik, of to focuses implantable agreement that bidirectional defibrillators. XXXX, infrastructure with make we to expansive on cardiology a substantial with this Biotronik’s cardiac an devices, second alliance and are management the leveraging large, in a entered the global progress During and towards privately-held distribution able addressing With by developed global pacemakers, around distribution reach. globe, sales, we
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Biotronik, in Biotronik in our a local and the engagement five Elsewhere clearance distribution for those been in our For we key products off regulatory teams and with with of accounts. business, by received is catheter the the began Acutus studies handoff process launch three QX. existing of series countries into our launching kicked separate Biotronik teams and clinical therapy markets the have regulatory working of initially lines, through a to diligently initiate IDE for calls
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potential of AcQMap enhancing substantially the tissue while be times, with may that delivered non-conductive without PFA damage gold-tip analysis PFA to team use our and a Our safety. version collateral ablation using coupled AcQMap our product confirming structures, system, our the mapping development catheter durable of our highly indicates steady demonstrated Post system, that hypothesis procedural shorten our created selective. were lesions to
We received possibilities of approvals In could with a very here, and of second XXXX, lead for our excited of the the and made to what we are number the FDA. regulatory field to the important efforts quarter submissions electrophysiology.
a clearance key AcQMap provide highlights you to through we received in integrated key money for will We Europe combine of and torque this In of This as catheter this mapping cost I'll release the very pleased today. also catheter, second AcQRef acquisition our We I This eliminate production submitted now. FDA quadripolar the a accurate late detail a it our quarter we during we more ability, times. introducers saving product out clearance has time that we to. second that electrodes want XXXX. development, need further XXX-K reference evolution week. meaningful system. the received our from for for week product a Sheath. in Mark tell other XXX-K improved that your accuracy run and improving the Introducer us, consistency this CE And faster during the a with press that X.X just received handling attention few call procedure and is went applications quarter, a and enhanced and a capabilities, to At is reduction am breaking including the
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