Zynex Inc 2024年度报告

☒ANNUAL REPORT PURSUANT TO SECTION13 OR 15(d)OF THE SECURITIES EXCHANGE ACT OF 1934 ZYNEX,INC. (Exact name of registrant as specified in its charter) Registrant’s telephone number, including area code: (303)703-4906 Securities registered pursuant to Section12(b)of the Act: Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule405 of the Securities Act.☐Yes☒No Indicate by check mark if the registrant is not required to file reports pursuant to Section13 or 15(d)of the Act.☐Yes☒No Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or 15(d)of the Securities Exchange Act of 1934 during thepreceding 12months (or for such shorter period that the registrant was required to file such reports), and (2)has been subject to such filing requirements for thepast 90days.☒Yes☐No Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule405 of RegulationS-T (§ 232.405 of this chapter) during the preceding 12months (or for such shorter period that the registrant was required to submit such files).☒Yes☐No Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerginggrowth company.See the definitions of “large accelerated filer,” “accelerated filer”, “smaller reporting company” and “emerging growth company” in Rule12b-2of the Exchange Act. ☐Acceleratedfiler☐SmallerreportingcompanyEmerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new orrevised financial accounting standards provided pursuant to Section13(a)of the Exchange Act.☐ Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectiveness of its internal control overfinancial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or issued its auditreport.☒ If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant included in the filingreflect the correction of an error to previously issued financial statements.☐ Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensation received by anyof the registrant’s executive officers during the relevant recovery period pursuant to §240.10D-1(b).☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule12b-2 of the Act).☐Yes☒No The aggregate market value of the registrant’s common stock held by non-affiliates of the registrant as ofJune30, 2024, the last business day of the Registrant’slast completed second quarter, based upon the closing price of the common stock as reported by the Nasdaq Stock Market on such date was approximately$143.4million. As of February 28, 2025, 42,217,888 shares of common stock are issued and31,912,487shares are outstanding. Documents incorporated by reference: Portions of the Registrant’s definitive proxy statement relating to its 2025 annual meeting of stockholders (the “Proxy Statement”) are incorporated by referenceinto Part III of this Annual Report on Form 10-K where indicated. The Proxy Statement will be filed with the U.S. Securities and Exchange Commission within120 days after the end of the fiscal year to which this report relates. EXPLANATORY NOTE Zynex, Inc. (the "Company", "Zynex", or "we") filed its Annual Report on Form 10-K for the fiscal year endedDecember 31, 2024 (the "Original Form 10-K") with the Securities and Exchange Commission (the "SEC") onMarch 11, 2025. The Company is filing this Amendment No. 1 (this "Amendment") to the Original 10-K) inresponse to comments received from the Staff of Division of Corporate Finance, Office of Industrial Applicationsand Services of the SEC. This Amendment includes revisions to the following items in the Original Form 10-K to address the Staff’scomments: ●Item 1A. Risk Factors, to expand the disclosure to clarify the extent to which we have experienced anymaterial adverse effects on our business or lost our right to participate in any government programs orprivate payor networks and to expand the disclosure about third-party payer reimbursements to disclosethe extent to which we may be impacted.●Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations, toexpand the critical accounting estimates disclosure. This Amendment also includes expanded risk factor disclosure to disclose that the Company is responding toinvestigations and requests from various government organizations. As required by Rule 12b-15 under the Securities Exchange Act of 1934, as amended