---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-124005"
form_type: "8-K"
ticker: "MOVE"
cik: "0001734750"
company_name: "Corvex, Inc."
filed_at: "2025-12-22T23:59:59+00:00"
generated_at: "2026-05-16T12:25:45.789108+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Movano republishes FY2024 financials after reverse split; revenue $1.0M, going concern noted

## Summary
- Revenue of $1.0M in 2024 (first revenue) vs $0 in 2023; net loss $23.7M vs $29.3M.
- Accumulated deficit of $148.1M as of Dec 31, 2024; auditor expresses substantial doubt about going concern.
- Cash and cash equivalents $7.9M at Dec 31, 2024; negative operating cash flow of $22.5M in 2024.
- 1-for-10 reverse stock split effective Oct 10, 2025 reduced shares from ~8.3M to ~0.8M; all per-share data restated.
- Total operating expenses $25.2M in 2024, down from $29.7M in 2023; R&D spending decreased to $11.2M.

## SEC filing metadata
- accession: 0001213900-25-124005
- form_type: 8-K
- ticker: MOVE
- cik: 0001734750
- company_name: Corvex, Inc.
- filed_at: 2025-12-22T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1734750/000121390025124005/0001213900-25-124005-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1734750/000121390025124005/ea0270216-8k425_movano.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-124005
- JSON: https://secwatch.observer/filing/0001213900-25-124005.json
- Plain text: https://secwatch.observer/filing/0001213900-25-124005.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.