ZYXIQ · ZYNEX INC
Going-concern doubt
— flagged Nov 17, 2025
Substantial doubt about the company's ability to continue as a going concern.
“Because certain elements of management's plans to mitigate the conditions that raised substantial doubt about the Company's ability to continue as a going concern are outside of the Company's control, including the ability to raise capital through an equity or other financing, those elements cannot be considered probable according to ASC 205-40, and therefore cannot be considered in the evaluation of mitigating factors. As a result, management has concluded that substantial doubt exists about the Company's ability to continue as a going concern for 12 months from the date the unaudited condensed consolidated financial statements are issued.”View the 10-Q filed Nov 17, 2025
Market Cap
$1.69M
Shares
30.39M
Income-statement, balance-sheet and cash-flow figures extracted from the company's SEC filings — 10-K annual and 10-Q quarterly reports — and standardised for comparison across periods.
Revenue
$192.35M
+4.4%
FY2024
Net Income
$2.99M
-69.2%
FY2024
Gross Margin
62.41%
-15.4pp
FY2013
Operating Margin
3.11%
-2.7pp
FY2024
Diluted EPS
$0.09
-66.7%
FY2024
Operating Cash Flow
$12.72M
-28.4%
FY2024
Chart any reported metric, KPI or segment over time — the full statement history lives here
Search above to add metrics — fundamentals, product and segment revenue, company KPIs, valuation.
| Line Item | TTM | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $108.2M | $192.35M | $184.32M | $158.17M | $130.3M | $80.12M | $45.47M | $31.92M | $23.43M | $13.31M | $11.64M | $11.1M | $21.7M | $39.7M | $34.15M | $24.09M | |
| -$1.52M | — | -$1.09M | -$440K | -$95K | -$19K | -$5000 | -$154K | — | — | — | — | — | — | — | — | |
| — | — | — | — | — | — | — | — | — | $4.41M | $2.48M | $2.19M | $5.27M | $8.92M | $9.89M | $8.53M | |
| $30.69M | $39.43M | $38.37M | $32.01M | $27.32M | $17.42M | $8.81M | $6.04M | $4.82M | $3.52M | $4.94M | $4.96M | $8.14M | $8.77M | $7.37M | $5.2M | |
| $651K | — | — | — | — | — | — | — | — | — | — | $772K | $1.37M | — | — | — | |
| $10.24M | — | — | — | — | — | — | — | — | — | — | — | $13.54M | $30.9M | $26.78M | $18.88M | |
| — | — | — | — | — | — | — | — | — | — | — | — | 62.41% | 77.82% | 78.41% | 78.4% | |
| — | $12M | $9.2M | $7.1M | $2.6M | $800K | $600K | $200K | $100K | $300K | $256K | $394K | $754K | $874K | $638K | — | |
| $58.49M | $86.58M | $86.66M | $67.12M | $54.29M | $34.13M | $14.86M | $6.5M | — | — | — | — | — | — | — | — | |
| $56.19M | $60.35M | $48.52M | $36.11M | $26.32M | $18.32M | $10.74M | $9.01M | — | — | — | — | — | — | — | — | |
| — | — | — | — | — | — | — | $15.51M | $9.67M | $9.16M | $9.19M | $11.4M | $21.14M | $28.16M | $23.68M | $17.32M | |
| — | $1.88M | $1.54M | $930K | $25K | — | — | $0 | $34K | $40K | $57K | $47K | $131K | $81K | $0 | — | |
| $176.11M | $186.36M | $173.54M | $135.23M | $107.94M | $69.87M | $34.41M | $21.55M | $14.49M | $12.67M | — | — | — | — | — | — | |
| -$67.91M | $5.99M | $10.78M | $22.94M | $22.37M | $10.25M | $11.07M | $10.37M | $8.94M | $640K | -$2.48M | -$5.7M | -$7.6M | $2.74M | $3.1M | $1.56M | |
| — | 3.11% | 5.85% | 14.5% | 17.16% | 12.79% | 24.34% | 32.49% | 38.17% | 4.81% | -21.31% | -51.32% | -35.02% | 6.89% | 9.08% | 6.48% | |
| $2000 | — | — | — | — | — | — | $154K | $1.45M | $352K | $503K | $536K | $607K | $435K | $460K | — | |
| — | — | — | — | — | — | — | — | — | — | — | — | — | $3000 | $1000 | $5000 | |
| -$3.04M | -$2.36M | $1.8M | -$740K | -$95K | -$96K | $875K | -$154K | -$1.45M | -$556K | -$510K | -$583K | -$530K | -$401K | -$457K | -$226K | |
| -$70.95M | $3.63M | $12.58M | $22.2M | $22.27M | $10.15M | $11.94M | $10.22M | $7.49M | $84K | -$2.99M | -$6.28M | -$8.13M | $2.34M | $2.64M | $1.34M | |
| $3.01M | $633K | $2.85M | $5.15M | $5.17M | $1.08M | $2.45M | $664K | $129K | $15K | -$57K | -$49K | -$790K | $788K | $1.08M | $985K | |
| -$73.96M | $2.99M | $9.73M | $17.05M | $17.1M | $9.07M | $9.49M | $9.55M | $7.37M | $69K | -$2.91M | -$6.2M | -$7.3M | $1.55M | $1.56M | $350K | |
| — | 1.56% | 5.28% | 10.78% | 13.13% | 11.33% | 20.87% | 29.93% | 31.43% | 0.52% | -25.01% | -55.85% | -33.65% | 3.91% | 4.58% | 1.45% | |
| — | — | — | — | — | — | — | $0 | $0 | $0 | -$23K | -$32K | -$39K | -$5000 | — | — | |
| USD/shares | — | $0.09 | $0.27 | $0.44 | $0.45 | $0.24 | $0.29 | $0.29 | $0.23 | $0.00 | -$0.09 | -$0.20 | -$0.23 | $0.05 | $0.05 | $0.01 |
| USD/shares | — | $0.09 | $0.27 | $0.44 | $0.44 | $0.24 | $0.28 | $0.28 | $0.22 | $0.00 | -$0.09 | -$0.20 | -$0.23 | $0.05 | $0.05 | $0.01 |
| shares | — | 31.94M | 35.56M | 38.47M | 38.32M | 37.26M | 32.44M | 32.5M | 32.16M | 31.27M | 31.27M | 31.21M | 31.15M | 31.06M | 30.75M | 30.55M |
| shares | — | 32.3M | 36.14M | 39.13M | 39.2M | 38.44M | 33.96M | 34.04M | 33.2M | 31.27M | 31.27M | 31.21M | 31.15M | 31.22M | 30.98M | 30.7M |
Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing.
TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative.
Capital Returned to Shareholders
Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2016–FY2024: $86.47M in buybacks, $5.89M in dividends.
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
By Product & Service (USD)
| Component | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|
| Public Utilities Inventory Supplies | $132,742,000 | $125,500,000 | $114,670,000 | $93,688,000 | $58,853,000 | $34,759,000 |
| Devices | $59,612,000 | $58,822,000 | $43,497,000 | $36,613,000 | $21,269,000 | $10,713,000 |