secwatch.observer — SEC 8-K summary
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Issuer:     MYOMO, INC. (MYO)
CIK:        0001369290
Form:       8-K
Filed at:   2022-11-10T23:59:59+00:00
Accession:  0000950170-22-024507
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Myomo reports Q3 product revenue $4.0M, up 8% sequentially; record backlog of 184 units
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- Product revenue $4.0M, down 9% YoY but up 8% sequentially; revenue units 87, down 15% YoY.
- Backlog hit record 184 units, up 13% sequentially; 130 authorizations/orders received, up 27% sequentially.
- Net loss $2.8M ($0.40 per share) vs $2.1M loss ($0.36) a year ago; gross margin 66.5% vs 74.7% YoY.
- Cash $7.4M at Sept 30; management expects modest sequential product revenue growth in Q4.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1369290/000095017022024507/0000950170-22-024507-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1369290/000095017022024507/myo-20221110.htm
  HTML page:      https://secwatch.observer/filing/0000950170-22-024507

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer