Zynex INC
Market Movers (8-K)
ZYXI
Zynex INCZynex, Inc. successfully exited Chapter 11 bankruptcy, implementing a reorganization plan that included new financing, cancellation of all prior equity, and significant corporate governance changes.
Capital raise
Worse than expected
ZYXI
Zynex INCZynex, Inc. has received court confirmation for its Chapter 11 reorganization plan, which will cancel existing common stock and transfer ownership to a new Plan Sponsor.
Capital raise
Worse than expected
ZYXI
Zynex INCZynex, Inc. announced the conclusion of an SEC investigation with no enforcement action intended, amidst ongoing Chapter 11 bankruptcy proceedings and delisting from Nasdaq.
Worse than expected
ZYXI
Zynex INCZynex, Inc. announced its common stock delisting from Nasdaq and subsequent trading on the Pink Limited Market, alongside filing an amended Chapter 11 reorganization plan.
Capital raise
Worse than expected
ZYXI
Zynex INCZynex, Inc. removed its Chair, Thomas Sandgaard, following his federal indictment for healthcare and securities fraud, as the company navigates Chapter 11 bankruptcy and Nasdaq delisting.
Worse than expected
ZYXI
Zynex INCZynex, Inc. has amended its debtor-in-possession financing and filed a joint plan of reorganization as it navigates Chapter 11 bankruptcy proceedings.
Worse than expected
Capital raise
Delay expected
Quarterly Earnings (10-Q)
ZYXI
Zynex INCZynex, Inc. reports significant net losses and revenue declines, raising substantial doubt about its ability to continue as a going concern, while grappling with a Tricare payment suspension, multiple lawsuits, and an SEC investigation.
Worse than expected
Delay expected
Capital raise
ZYXI
Zynex INCZynex, Inc. disclosed significant net losses and a substantial revenue decline for the second quarter and first half of 2025, primarily due to a temporary payment suspension from Tricare and reduced device orders, while also revealing an SEC investigation and expressing substantial doubt about its ability to continue as a going concern.
Delay expected
Worse than expected
Capital raise
ZYXI
Zynex INCZynex, Inc. reported a significant 43% drop in net revenue and a net loss of $10.4 million for Q1 2025, primarily driven by a temporary payment suspension from TriCare and a class action lawsuit alleging securities fraud.
Worse than expected
Capital raise
Delay expected
ZYXI
Zynex INCZynex's Q1 2025 revenue decreased by 43% year-over-year due to a temporary payment suspension from TriCare and a decline in device orders.
Worse than expected
ZYXI
Zynex INCZynex's Q3 2024 results show a slight increase in revenue but a decrease in net income compared to the same period last year.
Worse than expected
ZYXI
Zynex INCZynex, Inc. announced an 11% increase in revenue for both the three and six months ended June 30, 2024, driven by increased device orders, though net income decreased compared to the same periods in 2023.
Worse than expected
Annual Reports (10-K)
ZYXI
Zynex INCZynex, Inc. filed an amended annual report detailing a temporary payment suspension from Tricare, a 10% staff reduction, and identified material weaknesses in internal controls, despite achieving revenue growth and its ninth consecutive profitable year.
Delay expected
Worse than expected
Capital raise
ZYXI
Zynex INCZynex reports a 4% increase in revenue for 2024 while implementing a restructuring plan to address temporary payment suspensions.
Worse than expected
ZYXI
Zynex INCZynex Inc. reports a 17% increase in revenue and a 29% increase in operating cash flow for 2023, alongside strategic investments in sales and product development.
Worse than expected
Capital raise
Insider Trading (Form 4)
ZYXI
Zynex INCZynex Inc. Director Barry D. Michaels reports the cancellation of all common stock for no consideration following the company's Chapter 11 reorganization plan.
Worse than expected
ZYXI
Zynex INCZynex director Joshua Disbrow reports the cancellation of all ZYXI common stock and equity awards for no consideration following the company's Chapter 11 reorganization.
Capital raise
Worse than expected
ZYXI
Zynex INCZynex Director Michael Cress reports cancellation of all common stock and restricted stock awards for no consideration following the company's Chapter 11 reorganization plan.
Worse than expected
ZYXI
Zynex INCZynex Inc.'s Chief Operating Officer, Anna Lucsok, reported the grant of 7,500 restricted stock units and the withholding of shares for tax obligations.
ZYXI
Zynex INCZynex Inc.'s Chief Financial Officer, Daniel J. Moorhead, reported the acquisition of 5,000 restricted stock units and the withholding of 3,982 shares for tax purposes, as detailed in a recent SEC Form 4 filing.
Proxy Statements (Def-14A)
ZYXI
Zynex INCZynex, Inc. will hold its annual meeting on May 15, 2025, and has made proxy materials available online to conserve resources and reduce expenses.
ZYXI
Zynex INCZynex, Inc. has scheduled its 2025 Annual Meeting of Stockholders for May 15, 2025, to address the election of directors and ratification of the independent public accountant.
ZYXI
Zynex INCZynex, Inc. will hold its annual meeting on May 16, 2024, and has made proxy materials available online to conserve resources and reduce expenses.
ZYXI
Zynex INCZynex, Inc. will hold its 2024 Annual Meeting of Stockholders on May 16, 2024, to elect directors and ratify the selection of its independent public accountant.