Zynex Files 8-K on Financial Condition and Operations

TL;DR

**Zynex just dropped an 8-K on Feb 29, 2024, detailing their latest financial results and operations.**

AI Summary

Zynex, Inc. filed an 8-K on February 29, 2024, to report on its results of operations and financial condition, as well as other events and financial statements. The filing indicates the company's current status and provides updated information to the SEC, with its business address at 9655 Maroon Circle, Englewood, CO 80112. This report is a standard disclosure under the Securities Exchange Act of 1934.

Why It Matters

This filing provides investors with current information regarding Zynex's financial health and operational status, which is crucial for making informed investment decisions.

Risk Assessment

Risk Level: low — This 8-K is a routine disclosure of financial results and operations, not indicating any specific new risks.

Key Players & Entities

• Zynex, Inc. (company) — Registrant
• February 29, 2024 (date) — Date of Report
• Nevada (location) — State of incorporation
• 001-38804 (other) — Commission File Number
• 9655 Maroon Circle, Englewood, CO 80112 (location) — Business Address

FAQ

Key Financial Figures

• $0.001 — ge on which registered Common Stock, $0.001 par value per share ZYXI The Nasdaq
• $20.0 million — horized the Company to repurchase up to $20.0 million of the Company's outstanding shares of
• $20.0 m — od of one year or until full use of the $20.0 million, whichever comes first. These rep

Filing Documents

• zyxi-20240229x8k.htm (8-K) — 41KB
• zyxi-20240229xex99d1.htm (EX-99.1) — 417KB
• 0001558370-24-002187.txt ( ) — 595KB
• zyxi-20240229.xsd (EX-101.SCH) — 3KB
• zyxi-20240229_lab.xml (EX-101.LAB) — 15KB
• zyxi-20240229_pre.xml (EX-101.PRE) — 10KB
• zyxi-20240229x8k_htm.xml (XML) — 5KB

02 Results of Operations and Financial Condition

Item 2.02 Results of Operations and Financial Condition On February 29, 2024, Zynex, Inc. (the "Company") issued a press release announcing certain results for the fourth quarter and full year ended December 31, 2023 . The full text of the press release is furnished herewith as Exhibit 99.1. The information disclosed under this Item 2.02, including Exhibit 99.1 hereto, is being furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall it be incorporated by reference into any registration statement or other document pursuant to the Securities Act of 1933, as amended, except as expressly set forth in such filing.

01. Other Events

Item 8.01. Other Events On February 29, 2024, the Company issued a press release announcing that the Board of Directors of the Company has authorized the Company to repurchase up to $20.0 million of the Company's outstanding shares of common stock from time to time until March 4, 2025, through a trading plan established in compliance with Rule 10b5-1 and Rule 10b-18 of the Securities Exchange Act of 1934, as amended (the "Repurchase Plan"). Pursuant to the Repurchase Plan, the Company may purchase from time-to-time outstanding shares of common stock in open market and negotiated purchases, effective March 4, 2024, and continuing for a period of one year or until full use of the $20.0 million, whichever comes first. These repurchases will be made in compliance with Rule 10b-18 under the Securities Exchange Act of 1934, and subject to market conditions, available liquidity, cash flow, applicable legal requirements and other factors. The Repurchase Plan does not obligate the Company to acquire any particular amount of common stock and the plan may be suspended or discontinued at any time. The Company expects to finance the purchases with existing cash balances. A copy of the press release is furnished herewith as Exhibit 99.1.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits d) Exhibits. Exhibit No. Description 99.1 Zynex, Inc. Press Release dated February 29, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. Dated: February 29, 2024 ZYNEX, INC. /s/ Dan Moorhead Dan Moorhead Chief Financial Officer

View Full Filing

View this 8-K filing on SEC EDGAR