Company:  ZYNEX INC (ZYXI)
Form Type:  10-Q
Filing Date:  7/29/2021 
CIK:  0000846475 
Address:  9655 MAROON CIRCLE 
City, State, Zip:  ENGLEWOOD, Colorado 80112 
Telephone:  (800)-495-6670 
Fiscal Year:  12/31 
Last Trade
Last Trade: 
$11.77  
Change: 
-0.19 (-1.59%)  
Trade Time: 
03:22 PM EST  
Market Cap: 
$409.13M
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Description of Business
Zynex, Inc. was founded by Thomas Sandgaard in 1996, when he founded two privately held companies that eventually were folded into Zynex, Inc. Zynex, Inc., a Nevada corporation is the parent company of and conducts business within five subsidiaries: Zynex Medical, Inc. ("ZMI"), a Colorado corporation, Zynex NeuroDiagnostics, Inc. ("ZND"), a Colorado corporation, Zynex Monitoring Solutions, Inc. ("ZMS"), a Colorado corporation, Zynex Europe (Zynex Europe ApS) ("ZEU"), a Danish corporation, and Pharmazy, Inc. ("Pharmazy"), which was incorporated under the laws of Colorado in June 2015 as a wholly-owned subsidiary of ZMI (Zynex, Inc. collectively with the foregoing subsidiaries may be referred to as "Zynex" or the "Company"). As of December 31, 2020, the Company conducts most of its operations through its primary subsidiary, ZMI.
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  FORM 10-Q
    PART I. FINANCIAL INFORMATION
      ITEM 1. FINANCIAL STATEMENTS
        BALANCE SHEET
        INCOME STATEMENT
        CASH FLOW
        STOCKHOLDERS EQUITY
        STOCKHOLDERS EQUITY
        NOTES TO UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS
      ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL ...
      ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT ...
      ITEM 4. CONTROLS AND PROCEDURES
    PART II. OTHER INFORMATION
      ITEM 1. LEGAL PROCEEDINGS
      ITEM 1A. RISK FACTORS
      ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF ...
      ITEM 3. DEFAULTS UPON SENIOR SECURITIES
      ITEM 4. MINE SAFETY DISCLOSURES
      ITEM 5. OTHER INFORMATION
      ITEM 6. EXHIBITS
    SIGNATURES
  EXHIBIT 31.1
    CERTIFICATION
  EXHIBIT 31.2
    CERTIFICATION
  EXHIBIT 32.1
    CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350,
  EXHIBIT 32.2
    CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350,