What Verdica's 785 score means for Stereotaxis, Inc.
Stereotaxis, Inc.'s composite score of 785 out of 850 places the firm in Verdica's "strong" band (740–799), indicating reliable compliance and regulatory standing. This score reflects the firm's track record across three dimensions: professional licensing, PCAOB audit history, and disciplinary record. A score in this range suggests the entity has met core regulatory expectations and has not generated significant red flags in any measured category.
For a business owner or finance professional evaluating this provider, a 785 score signals that the firm operates within normal compliance parameters. It is not in the "excellent" range (800–850), which would suggest exceptional or spotless performance, nor is it in the "acceptable" band (670–739) where some moderate concerns may exist. Instead, it indicates solid, demonstrated competence in meeting industry standards as tracked by U.S. regulators.
How the sub-scores break down
The three sub-scores reveal where Stereotaxis's compliance picture is strongest and where there is room for improvement:
License & Credentials (665). This sub-score reflects the firm's professional licensing status and credential verification as registered with state boards. A score of 665 places this dimension in the "elevated" band (580–669), the lowest of the three components. This suggests the licensing record is sound but may carry some minor notes or limitations worth understanding—such as restrictions on certain service lines, conditional registrations, or administrative flags. It does not indicate failure to maintain licensure, but rather that the credential profile is not without complexity or full clearance marks.
PCAOB Record (850). The Public Company Accounting Oversight Board (PCAOB) audits and inspects accounting firms that audit public companies. A perfect score of 850 in this dimension indicates Stereotaxis has no material findings, enforcement actions, or quality control deficiencies documented in the PCAOB's inspection or enforcement database. This is the strongest signal in the profile.
Disciplinary (850). An 850 score here means the firm has no recorded disciplinary actions, sanctions, or violations in the state board system or other tracked regulatory channels. This reinforces that Stereotaxis operates without a compliance violation history in the measured timeframe.
What regulators in DE track for accounting providers
Delaware's state board of accountancy, in coordination with the PCAOB, monitors several compliance dimensions for licensed accounting providers:
PCAOB Audits and Inspections: The PCAOB conducts triennial (or more frequent) inspections of firms that audit public companies. Inspectors review audit workpapers, client communications, and quality control procedures. Common findings address whether firms maintained adequate personnel, training, and oversight; whether audits were performed to required standards; and whether firms complied with auditor independence rules. Material weaknesses in audit quality or violations of independence rules lower scores in this dimension.
State Board Registration and Licensing: Delaware requires accounting firms and individual CPAs to register and renew licenses. The state tracks whether licensees maintain continuing professional education, disclose conflicts of interest, and comply with practice standards. Conditions such as practice restrictions, probation, or pending investigations would be flagged here.
Disciplinary Actions: Both PCAOB enforcement and state board disciplinary bodies (triggered by complaints, audit findings, or self-reports) can issue sanctions including censures, monetary penalties, suspension, or revocation. Any such action is recorded and factors into the disciplinary score.
These measures exist to protect public companies and the capital markets from audit failures and to ensure accounting firms maintain competence and ethical standards.
Bottom line
Stereotaxis, Inc. presents a strong compliance profile with a 785 score, driven especially by a clean PCAOB and disciplinary record. However, the lower licensing sub-score warrants a conversation with the firm about any conditions or limitations on its registration before engaging its services. For someone considering a relationship with Stereotaxis, verify directly that any licensing notes align with the services you need.