ChronoScale Holdings Corp
Business
ChronoScale Holdings Corp (operating as Ekso Bionics) designs, develops, and markets wearable robotic exoskeleton products for rehabilitation and occupational use. Its product portfolio includes EksoNR and Ekso Indego Therapy for clinical settings, Ekso Indego Personal for individual mobility, and Ekso EVO for industrial worker ergonomics. The company operates through Enterprise Health and Personal Health segments, distributing via direct sales and distributors across the Americas, EMEA, and Asia Pacific. It provides ancillary services including extended warranties, device servicing, and training.
Summary from 10-K filed 2026-02-23
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Revenue | 13 | 18 | 18 | 13 | 11 | |
| Cost of revenue | 6 | 8 | 9 | 7 | 4 | |
| Gross profit | 7 | 10 | 9 | 6 | 7 | |
| Sales and marketing | 7 | 7 | 8 | 7 | 7 | |
| Research and development | 3 | 4 | 5 | 4 | 3 | |
| General and Administrative Expense | 10 | 9 | 11 | 11 | 11 | |
| Total operating expenses | 20 | 20 | 24 | 22 | 21 | |
| Loss from operations | −13 | −10 | −15 | −16 | −14 | |
| Interest expense, net | −309,000 | −269,000 | −302,000 | — | — | |
| Gain on revaluation of warrant liabilities | 1,000 | 474,000 | −133,000 | 1 | — | |
| Loss on modification of warrant | 0 | −109,000 | 0 | 0 | 1 | |
| Unrealized gain (loss) on foreign exchange | 2 | −965,000 | 412,000 | −655,000 | −867,000 | |
| Other expense, net | −26,000 | −1,000 | −63,000 | −30,000 | −17,000 | |
| Total other income (expense), net | 2 | −870,000 | −86,000 | 476,000 | 4 | |
| Net loss | −12 | −11 | −15 | −15 | −10 | |
| Foreign currency translation adjustments | −2 | 801,000 | −407,000 | 580,000 | 830,000 | |
| Comprehensive loss | −13 | −11 | −16 | −15 | −9 | |
| Net loss per share applicable to common shareholders, basic and diluted (in dollars per share) | −4.91 | −8.43 | −1.1 | −1.16 | −0.8 | |
| Weighted average number of shares outstanding, basic and diluted (in shares) | 2 | 1 | 14 | 13 | 12 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash | 1 | 4 | 9 | 21 | 40 | |
| Restricted cash | 0 | 2 | — | — | — | |
| Accounts receivable, net of allowances of $27 and $33, respectively | 7 | 7 | 6 | 5 | 5 | |
| Inventories | 5 | 5 | 5 | 5 | 2 | |
| Prepaid expenses and other current assets | 750,000 | 541,000 | 875,000 | 700,000 | 485,000 | |
| Total current assets | 14 | 19 | 20 | 31 | 48 | |
| Property and equipment, net | 1 | 2 | 2 | 3 | 991,000 | |
| Right-of-use assets | 532,000 | 788,000 | 977,000 | 1 | 216,000 | |
| Intangible assets, net | 4 | 5 | 5 | 5 | 0 | |
| Goodwill | 431,000 | 431,000 | 431,000 | 431,000 | 0 | |
| Other assets | 311,000 | 433,000 | 392,000 | 231,000 | 164,000 | |
| Total assets | 20 | 27 | 29 | 41 | 49 | |
| Accounts payable | 1 | 2 | 2 | 3 | 3 | |
| Accrued liabilities | 2 | 2 | 3 | 2 | 2 | |
| Deferred revenues, current | 2 | 2 | 2 | 1 | 1 | |
| Convertible promissory note, net | 2 | 0 | — | — | — | |
| Notes payable, current | 1 | 1 | 1 | 2 | 0 | |
| Lease liabilities, current | 441,000 | 427,000 | 363,000 | 341,000 | 229,000 | |
| Total current liabilities | 9 | 8 | 8 | 9 | 7 | |
| Deferred revenues | 1 | 2 | 2 | 1 | 1 | |
| Notes payable, net | 798,000 | 4 | 5 | 4 | 2 | |
| Lease liabilities | 147,000 | 452,000 | 723,000 | 1 | 0 | |
| Warrant liabilities | 0 | 1,000 | 366,000 | 233,000 | — | |
| Other non-current liabilities | 89,000 | 181,000 | 105,000 | 141,000 | 74,000 | |
| Total liabilities | 11 | 14 | 16 | 15 | 12 | |
| Commitments and contingencies (Note 15) | — | — | — | — | — | |
| Convertible preferred stock, $0.001 par value; 10,000 shares authorized; no shares issued and outstanding as of December 31, 2025 and 2024 | 0 | 0 | 0 | 0 | 0 | |
| Common stock, $0.001 par value; 141,429 shares authorized; 3,559 and 1,480 shares issued and outstanding as of December 31, 2025 and 2024, respectively | 37,000 | 22,000 | 15,000 | 13,000 | 13,000 | |
| Additional paid-in capital | 272 | 262 | 252 | 249 | 246 | |
| Accumulated other comprehensive (loss) income | −692,000 | 957,000 | 156,000 | 563,000 | −17,000 | |
| Accumulated deficit | −262 | −250 | −239 | −224 | −209 | |
| Total stockholders' equity | 9 | 13 | 13 | 25 | 37 | |
| Total liabilities and stockholders' equity | 20 | 27 | 29 | 41 | 49 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Depreciation and amortization | 2 | 2 | 2 | 887,000 | 1 | |
| Loss on impairment of intangible assets | 750,000 | 0 | — | — | — | |
| Changes in provision for credit losses on accounts receivable | −50,000 | 171,000 | 72,000 | 33,000 | 75,000 | |
| Common stock contribution to 401(k) plan | 151,000 | 257,000 | 378,000 | 186,000 | 171,000 | |
| Stock-based compensation expense | 1 | 1 | 2 | 3 | 2 | |
| Accounts receivable | 446,000 | −2 | −1 | −67,000 | −2 | |
| Inventories | −275,000 | 257,000 | 232,000 | −1 | −752,000 | |
| Prepaid expenses and other assets current and noncurrent | −187,000 | 329,000 | −158,000 | −303,000 | 19,000 | |
| Accounts payable | −137,000 | −288,000 | −1 | −102,000 | 2 | |
| Accrued, lease and other current and noncurrent liabilities | −1 | −599,000 | −134,000 | −197,000 | 379,000 | |
| Deferred revenues | −783,000 | −257,000 | 2 | −511,000 | −564,000 | |
| Net cash used in operating activities | −12 | −10 | −12 | −15 | −11 | |
| Acquisition of property and equipment | −188,000 | −37,000 | −157,000 | −194,000 | −59,000 | |
| Net cash used in investing activities | −188,000 | −37,000 | −157,000 | −5 | −59,000 | |
| Principal payments under note payable | −1 | −1 | −313,000 | 0 | 0 | |
| Proceeds from issuance of common stock, net | 4 | 9 | 661,000 | 0 | 37 | |
| Proceeds from exercise of warrants, net | 4 | 0 | — | 0 | 1 | |
| Net cash provided by financing activities | 7 | 8 | 348,000 | 0 | 39 | |
| Net decrease in cash | −5 | −2 | −12 | −20 | 28 | |
| Effect of exchange rate changes on cash | 36,000 | −31,000 | −24,000 | −18,000 | 47,000 | |
| Cash paid for interest | 118,000 | 182,000 | 191,000 | 126,000 | 1,000 | |
| Cash paid for income taxes | 5,000 | 8,000 | 45,000 | 13,000 | 104,000 | |
| Deemed dividend in connection with warrant inducement | 226,000 | 0 | — | — | — | |
| Share issuance for common stock contribution to 401(k) plan | 236,000 | 238,000 | 250,000 | 176,000 | 152,000 | |
| Transfer of inventory to property and equipment | 77,000 | 199,000 | −82,000 | 385,000 | 434,000 | |
| Initial recognition of operating lease liabilities and right of use assets | 153,000 | 180,000 | −10,000 | 1 | 0 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is ChronoScale Holdings Corp's CIK number?
ChronoScale Holdings Corp's SEC CIK number is 0001549084 (1549084). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find ChronoScale Holdings Corp's SEC filings?
All of ChronoScale Holdings Corp's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did ChronoScale Holdings Corp last report earnings?
ChronoScale Holdings Corp (CHRN) most recently filed an earnings 8-K with the SEC on Feb 17, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001437749-26-004205). This is ChronoScale Holdings Corp's most recent earnings filing of record — not a forecast of its next earnings date.
What is ChronoScale Holdings Corp's most recent earnings 8-K?
ChronoScale Holdings Corp's latest earnings 8-K (Item 2.02) was filed Feb 17, 2026 under accession 0001437749-26-004205. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View ChronoScale Holdings Corp's latest earnings 8-K →
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