ZYXIQ · ZYNEX INC · Financials
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
Income-statement, balance-sheet and cash-flow figures from SEC filings, plus a debt profile anchored in the latest 10-K and updated by each 10-Q and debt exhibit.
Chart any reported metric, KPI or segment over time — the full statement history lives here
| Line Item | TTM | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $108.2M | $192.35MG | $184.32MG | $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 | |
| $1.93M | $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 | -$2.43 | $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 | -$2.43 | $0.09G | $0.27G | $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 |
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.
Debt Profile
Reported borrowing balances, repayment dates and agreement terms, with links to the underlying filings.
Reported debt balances
Each amount keeps its reported scope. Related balance-sheet measures appear under the borrowing they describe.
| Reported balance | As of | Amount | Source |
|---|---|---|---|
| Current portion of convertible notes payable | 2025-09-30 | USD 59,334,000 | 10-Q filed 2025-11-17 |
| Finance lease liabilities | 2025-09-30 | USD 923,000 | 10-Q filed 2025-11-17 |
Related accounting measures — not additional borrowingCarrying amounts can reflect issuance costs or discounts. Differences between these measures are not necessarily repayments due within a year.
| |||
| Operating lease liabilities | 2025-09-30 | USD 11,361,000 | 10-Q filed 2025-11-17 |
Related accounting measures — not additional borrowingCarrying amounts can reflect issuance costs or discounts. Differences between these measures are not necessarily repayments due within a year.
| |||
Covenants
Covenant terms have not yet been verified for this profile.
The balance figures do not establish whether covenants apply or whether the company complies with them.
Loans, facilities and notes
The instrument breakdown is not yet verified. Read the debt note in the linked report for borrowing terms and maturity conditions.
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 |