Extracted from this filing and checked against the source text.
Restructurings & Charges
SEC 8-K Item 2.05/2.06
confidence 0.9
ZYNEX INC announced a impairment with charges of pre-tax non-cash asset impairment charges up to approximately $31.0 million primarily related to the impairment of goodwill and other assets associated with the affecting ZMS.
- Type
- impairment
- Charge
- pre-tax non-cash asset impairment charges up to approximately $31.0 million primarily related to the impairment of goodwill and other assets associated with the
- Affected area
- ZMS
Exact text from the filing
pre-tax non-cash asset impairment charges up to approximately $31.0 million primarily related to the impairment of goodwill and other assets associated with the ZMS business.
View on SEC.gov
Restructurings & Charges
SEC 8-K Item 2.05/2.06
confidence 0.9
ZYNEX INC announced a restructuring with charges of pre-tax cash charges of approximately $0.1 million associated with severance payments to former ZMS employees affecting ZMS (terminated the positions of a majority of ZMS employees).
- Type
- restructuring
- Charge
- pre-tax cash charges of approximately $0.1 million associated with severance payments to former ZMS employees
- Affected area
- ZMS
- Headcount
- terminated the positions of a majority of ZMS employees
Exact text from the filing
cost savings expected from the reduction in force. As a result of the actions described above, the Company expects to incur (i) pre-tax cash charges of approximately $0.1 million associated with severance payments to former ZMS employees and (ii) pre-tax non-cash asset impairment charges up to approximately $31.0 million primarily related to the
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