UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                  SCHEDULE 13G

                    Under the Securities Exchange Act of 1934
                                 Amendment No.1

                                  CUTERA, INC.
--------------------------------------------------------------------------------
                                (Name of Issuer)

                                  Common Stock
--------------------------------------------------------------------------------
                         (Title of Class of Securities)

                                    232109108
--------------------------------------------------------------------------------
                                 (CUSIP Number)

                                December 31, 2006
--------------------------------------------------------------------------------
             (Date of Event which requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:

                  |_| Rule 13d-1(b)
                  |X| Rule 13d-1(c)
                  |_| Rule 13d-1(d)

*The  remainder  of this cover page shall be filed out for a reporting  person's
initial filing on this form with respect to the subject class of securities, and
for  any  subsequent   amendment   containing   information  which  would  alter
disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the  Securities  Exchange  Act of
1934 ("Act") or otherwise  subject to the liabilities of that section of the Act
but  shall be  subject  to all other  provisions  of the Act  (however,  see the
Notes).



                                  SCHEDULE 13G

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CUSIP No. 232109108
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         NAME OF REPORTING PERSON
         HealthCor Management, L.P.

   1     I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON (ENTITIES ONLY)   20-2893681
-------- -----------------------------------------------------------------------

         CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*              (a) |_|
   2                                                                    (b) |X|
-------- -----------------------------------------------------------------------

         SEC USE ONLY
   3
-------- -----------------------------------------------------------------------

         CITIZENSHIP OR PLACE OF ORGANIZATION

         Delaware
   4
-------- -----------------------------------------------------------------------

                              SOLE VOTING POWER

      NUMBER OF          5    0
        SHARES         ------ --------------------------------------------------
     BENEFICIALLY
       OWNED BY               SHARED VOTING POWER
         EACH
      REPORTING          6    1,000,000
        PERSON         ------ --------------------------------------------------
         WITH
                               SOLE DISPOSITIVE POWER

                          7    0
                        ------ -------------------------------------------------

                               SHARED DISPOSITIVE POWER

                          8    1,000,000
----------------------- ------ -------------------------------------------------

         AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   9     1,000,000
-------- -----------------------------------------------------------------------

         CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
  10                                                                         |_|
-------- -----------------------------------------------------------------------

         PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
  11     7.84%
-------- -----------------------------------------------------------------------

         TYPE OF REPORTING PERSON*

  12     PN
-------- -----------------------------------------------------------------------

                      *SEE INSTRUCTIONS BEFORE FILLING OUT!



                                  SCHEDULE 13G

---------------------------------------- ---------------------------------------

CUSIP No. 232109108
---------------------------------------- ---------------------------------------

         NAME OF REPORTING PERSON
         Arthur Cohen

   1     I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON (ENTITIES ONLY)
-------- -----------------------------------------------------------------------

         CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*               (a) |_|
   2                                                                     (b) |X|
-------- -----------------------------------------------------------------------

         SEC USE ONLY
   3
-------- -----------------------------------------------------------------------

         CITIZENSHIP OR PLACE OF ORGANIZATION

         United States
   4
-------- -----------------------------------------------------------------------

                              SOLE VOTING POWER

      NUMBER OF          5    0
        SHARES         ------ --------------------------------------------------
     BENEFICIALLY
       OWNED BY               SHARED VOTING POWER
         EACH
      REPORTING          6    1,000,000
        PERSON         ------ --------------------------------------------------
         WITH
                               SOLE DISPOSITIVE POWER

                          7    0
                        ------ -------------------------------------------------

                               SHARED DISPOSITIVE POWER

                          8    1,000,000
----------------------- ------ -------------------------------------------------
         AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   9     1,000,000
-------- -----------------------------------------------------------------------

         CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
  10                                                                        |_|
-------- -----------------------------------------------------------------------

         PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
  11     7.84%
-------- -----------------------------------------------------------------------

         TYPE OF REPORTING PERSON*

  12     IN
-------- -----------------------------------------------------------------------

                      *SEE INSTRUCTIONS BEFORE FILLING OUT!



                                  SCHEDULE 13G

---------------------------------------- ---------------------------------------

CUSIP No. 232109108
---------------------------------------- ---------------------------------------

         NAME OF REPORTING PERSON
         Joseph Healey

   1     I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON (ENTITIES ONLY)
-------- -----------------------------------------------------------------------

         CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*               (a) |_|
   2                                                                     (b) |X|
-------- -----------------------------------------------------------------------

         SEC USE ONLY
   3
-------- -----------------------------------------------------------------------

         CITIZENSHIP OR PLACE OF ORGANIZATION

         United States
   4
-------- -----------------------------------------------------------------------

                              SOLE VOTING POWER

      NUMBER OF          5    0
        SHARES         ------ --------------------------------------------------
     BENEFICIALLY
       OWNED BY               SHARED VOTING POWER
         EACH
      REPORTING          6    1,000,000
        PERSON         ------ --------------------------------------------------
         WITH
                               SOLE DISPOSITIVE POWER

                          7    0
                        ------ -------------------------------------------------

                               SHARED DISPOSITIVE POWER

                          8    1,000,000
----------------------- ------ -------------------------------------------------
         AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   9     1,000,000
-------- -----------------------------------------------------------------------

         CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
  10                                                                        |_|
-------- -----------------------------------------------------------------------

         PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
  11     7.84%
-------- -----------------------------------------------------------------------

         TYPE OF REPORTING PERSON*

  12     IN
-------- -----------------------------------------------------------------------

                      *SEE INSTRUCTIONS BEFORE FILLING OUT!



Item 1(a).        Name of Issuer: Cutera, Inc.

Item 1(b).        Address of Issuer's Principal Executive Offices:

                  3240 Bayshore Blvd.
                  Brisbane, California 94005

Item 2(a, b, c).  Name of Persons Filing, Address of Principal Business Office,
                  Citizenship:

                  (i) HealthCor Management, L.P., a Delaware limited
                  partnership; Carnegie Hall Tower, 152 West 57th Street, 47th
                  Floor, New York, New York 10019; (ii) Joseph Healey; Carnegie
                  Hall Tower, 152 West 57th Street, 47th Floor, New York, New
                  York 10019; and (iii) Arthur Cohen, 12 South Main Street, #203
                  Norwalk, CT 06854. Both Mr. Healey and Mr. Cohen are United
                  States citizens.

Item 2(d).        Title of Class of Securities:  common stock, par value $0.001
                  per share (the "Common Stock")

Item 2(e).        CUSIP Number: 232109108

Item 3.           Not Applicable.

Item 4.           Ownership.

      HealthCor  Management,  L.P. is the investment manager to certain accounts
which hold the Common Stock reported  herein and by virtue of such status may be
deemed to be the  beneficial  owner of  1,000,000  shares of Common Stock of the
Issuer.  Arthur Cohen and Joseph Healey,  the Managers of HealthCor  Associates,
LLC,  the  general  partner  of  HealthCor  Management,  L.P.,  have  voting and
investment power with respect to the Common Stock reported herein, and therefore
may be deemed to be the beneficial owner of such Common Stock.

            1.    HealthCor Management, L.P.
                  (a)   Amount beneficially owned: 1,000,000 shares.
                  (b)   Percent of class:  7.84%. The percentage of Common Stock
                        reported as beneficially  owned is based upon 12,755,798
                        shares  outstanding  as of October 31, 2006, as reported
                        by the Issuer in its quarterly report on Form 10-Q filed
                        with the Securities and Exchange  Commission on November
                        8, 2006.
                  (c)   Number of shares as to which such person  has:
                        (i) Sole  power to vote or to direct  the  vote:  0
                        (ii)  Shared  power  to  vote  or to  direct  the  vote:
                        1,000,000 shares.
                        (iii) Sole power to dispose or to direct the disposition
                        of: 0
                        (iv)   Shared   power  to   dispose  or  to  direct  the
                        disposition of: 1,000,000 shares.



            2.    Joseph Healey
                  (a)   Amount beneficially owned: 1,000,000 shares.
                  (b)   Percent  of  class:  7.84%  (determined  as set forth in
                        paragraph 1(b) of this Item 4)
                  (c)   Number of shares as to which such person has:
                        (i) Sole power to vote or to direct the vote: 0
                        (ii)Shared   power  to  vote  or  to  direct  the  vote:
                        1,000,000 shares.
                        (iii) Sole power to dispose or to direct the disposition
                        of: 0
                        (iv)   Shared   power  to   dispose  or  to  direct  the
                        disposition of: 1,000,000 shares.

            3. Arthur Cohen
                  (a)   Amount beneficially owned: 1,000,000 shares.
                  (b)   Percent  of  class:  7.84%  (determined  as set forth in
                        paragraph 1(b) of this Item 4)
                  (c)   Number of shares as to which such person has:
                        (i) Sole power to vote or to direct the vote: 0
                        (ii)Shared   power  to  vote  or  to  direct  the  vote:
                        1,000,000 shares.
                        (iii) Sole power to dispose or to direct the disposition
                        of: 0
                        (iv)   Shared   power  to   dispose  or  to  direct  the
                        disposition of: 1,000,000 shares.

Item 5.     Ownership of Five Percent or less of a Class:

            If this  statement  is being filed to report the fact that as of the
            date  hereof the  reporting  person has ceased to be the  beneficial
            owner of more than five  percent of the class of  securities,  check
            the following |_|.

Item 6.     Ownership of More than Five Percent on Behalf of Another Person.

            The Common Stock reported herein is held by certain accounts managed
            by  HealthCor  Management,  L.P.  in a fiduciary  or  representative
            capacity. Accordingly, persons other than the reporting persons have
            the right to receive or the power to direct the receipt of dividends
            from, or the proceeds from the sale of, such securities; however, no
            such person has an interest  that  relates to more than five percent
            of the class.

Item 7.     Identification  and  Classification of the Subsidiary Which Acquired
            the Security Being Reported on By the Parent Holding Company.

            Not Applicable.

Item 8.     Identification and Classification of Members of the Group.

            Not applicable.



Item 9.     Notice of Dissolution of Group.

            Not Applicable.

Item 10.    Certification.

            By signing  below I certify  that,  to the best of my knowledge  and
            belief,  the securities  referred to above were not acquired and are
            not held  for the  purpose  of or with the  effect  of  changing  or
            influencing the control of the issuer of the securities and were not
            acquired and are not held in connection  with or as a participant in
            any transaction having that purpose or effect.

                            [Signature Page Follows:]



                                    SIGNATURE

      After  reasonable  inquiry and to the best of my knowledge  and belief,  I
certify that the information  set forth in this statement is true,  complete and
correct.

DATED: February 14, 2007

                               HealthCor Management, L.P.

                               By: HealthCor Associates, LLC, general partner of
                                   HealthCor Management, L.P.

                                   By: /s/ Arthur Cohen
                                       ----------------------------
                                   Name: Arthur Cohen
                                   Title: Manager

                                   By: /s/ Joseph Healey
                                       ----------------------------
                                   Name: Joseph Healey
                                   Title: Manager

                       /s/ Joseph Healey
                       ----------------------------
                       Joseph Healey, Individually

                       /s/ Arthur Cohen
                       ----------------------------
                       Arthur Cohen, Individually