On February 26, 2017, Stereotaxis, Inc. announced that Duane DeSisto resigned as a director of the company effective immediately. Mr. DeSisto had also served on the company’s audit committee. The company’s Board of Directors has not selected anyone to replace Mr. DeSisto as a member of the Board of Directors or on the Audit Committee as of this time. The company's Board currently consists of eight members, with one vacancy as a result of Mr. DeSisto’s resignation.