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ChronoScale director Scott Davis resigns after Ekso sale; gets $709,500 and 51,626 RSUs
Scott Davis, Ekso Bionics CEO and ChronoScale board member, resigned from the board effective October 3, 2026, with no disagreements cited; the Ekso sale closed September 30, 2026.
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ChronoScale completes Ekso Bionics sale and signs AI infrastructure deals targeting $1B run-rate by Q3 2027
ChronoScale completed the sale of its Ekso Bionics business unit on September 30, 2026.
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ChronoScale extends $2M loan maturity to Nov 12, 2026; permits Ekso Bionics sale
Term loan of $2.0M outstanding extended to Nov 12, 2026 from Sept 12, 2026 via amendment with B. Riley Commercial Capital.
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ChronoScale extends Microsoft AI partnership to 3 years for 50 MW deployment
Partnership term with Microsoft extended from two to three years for a 50 MW AI compute deployment in North America.
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ChronoScale CFO Jerome Wong signs new employment offer with $400K salary, 300K RSUs
Offer letter effective Aug 16, 2026; base salary $400,000/year, target bonus 60% of base.
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ChronoScale Corporation reorganizes into holding company structure, becomes ChronoScale Holdings Corporation
On July 1, 2026, ChronoScale completed a holding company reorganization, merging with a subsidiary of newly formed ChronoScale Holdings.
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ChronoScale files Cloud financials: FY2025 revenue $84.4M, net loss $72.7M
Cloud FY2025 revenue $84.4M (up from $29.0M in FY2024); net loss $72.7M vs $75.3M prior year.
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ChronoScale appoints Andrew Schaap to board, grants 200,000 restricted shares
Board expanded from 7 to 8 members; Schaap appointed effective June 29, 2026.
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ChronoScale enters $100M unsecured demand note from Applied Digital Corporation
Applied Digital Corporation makes $100M unsecured demand grid promissory note available to ChronoScale.
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Chronoscale plans to divest Ekso Bionics, focus on cloud business
Board committed on May 29, 2026 to divest wholly owned subsidiary Ekso Bionics, Inc.
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ChronoScale Amends Phantom PSU Awards for Three Executives After Change in Control
Scott Davis's Phantom PSU amended to settle as 109,357 shares of common stock plus $1,000,000 cash.
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Ekso Bionics completes reverse merger with Applied Digital subsidiary; renames to ChronoScale Corp.
Applied Parent & Contributor now hold ~97% of outstanding shares; legacy Ekso holders retain ~3%.
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Ekso Bionics to close business combination with Applied Digital, PIPE $15.75M, ticker becomes CHRN
Business combination with Applied Digital subsidiary closes May 5, 2026; company renames to ChronoScale Corporation.
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Ekso to merge with Applied Digital Cloud in reverse merger; APLD to own ~97%, rename to ChronoScale
Exchange: Ekso issues 138.2M shares to APLD for 100% of Cloud; APLD expects ~97% ownership of combined company.
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Ekso Bionics raises ~$5.3M net via private placement of Series B convertible preferred and warrants
Issued 5,852 shares of Series B Convertible Preferred Stock (stated value $1,000/share) and warrants for 355,960 shares.
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Ekso Bionics and Applied Digital propose business combination; EKSO holders get ~3% of ChronoScale
Applied Digital to spin out cloud business, combine with EKSO to form ChronoScale Corporation.
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Ekso Bionics awards 114.5k RSUs and 257k phantom PSUs to Davis, Wong, Jones; new severance deals
Scott Davis: 80k RSUs + 185k phantom PSUs; severance 9 months (non-CIC) or 18 months salary (CIC).
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Ekso Bionics raises $3.2M net in registered direct offering of 769,490 shares at $4.81
Sold 769,490 shares at $4.81 per share to institutional investors; net proceeds ~$3.2M.
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Ekso Bionics Q3 revenue $4.2M (+2% YoY); exploring sale or acquisition of different industry
Revenue $4.2M, up 2% YoY and 105% sequentially; gross margin 60.3% vs 53.5% last year.
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Ekso Bionics enters $2M secured loan with B. Riley at 10% interest
Agreement with B. Riley Commercial Capital for up to $2.0M secured term loan, maturing Sept 14, 2026 or upon qualified equity raise of $2.4M.
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Ekso Bionics Q2 revenue falls 58% YoY to $2.1M; net loss $2.7M
Revenue $2.1M vs $5.0M in Q2 2024, down 58% due to lower Enterprise Health device sales.
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Ekso Bionics updates reverse stock split effective date to June 2, 2025
Reverse stock split at 1-for-15 effective June 2, 2025; originally planned May 27.
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Ekso Bionics approves 1-for-15 reverse stock split effective May 27, 2025 to regain Nasdaq compliance
Reverse split ratio set at 1-for-15; effective 12:01 a.m. PT on May 27, 2025.
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Ekso Bionics Q1 2025 revenue $3.4M, net loss $2.9M; partnerships expand distribution
Revenue of $3.4M down 11% YoY ($3.8M); net loss $2.9M ($0.12/sh) vs $3.4M ($0.20/sh) in Q1 2024.
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Ekso Bionics raises $4.15M via warrant exercise; issues new 10.5M-share warrant at $0.4239
Existing holder exercises 9.8M warrants for $4.15M at $0.4239/share; company receives cash proceeds.
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Ekso Bionics reports record Q4 revenue $5.1M, net loss improves 25% for FY 2024
Q4 2024 revenue $5.1M, up 5% YoY; gross margin 53%, up 400 bps vs 49% in Q4 2023.
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Ekso Bionics expects record Q4 2024 revenue of $5.0-$5.1M, preliminary
Q4 2024 revenue estimated at $5.0-5.1M (company record vs $4.8M in Q4 2023).
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Ekso Bionics receives Nasdaq bid price deficiency notice; has until June 10, 2025 to comply
Nasdaq notice dated Dec 12, 2024: common stock bid price below $1.00 for 31 consecutive business days.
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Ekso Bionics Q3 rev $4.1M (-11% YoY), loss narrows; announces CMS reimbursement
Revenue $4.1M (Q3 2024) vs $4.6M (Q3 2023); 33 EksoHealth devices sold.
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Ekso Bionics raises ~$5.1M net in underwritten public offering of units with warrants
Issued 3.1M units at $1.00/unit (share + Series A/B warrants) and 2.9M pre-funded units at $0.9990/unit.
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Ekso Bionics reports record Q2 sales of $5.0M; net loss narrows to $0.13 per share
Revenue $5.0M up 5% YoY; gross margin improved to 53% from 48%.
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Ekso Bionics board elects annual say-on-pay vote after stockholder advisory frequency vote
Board determined on July 25, 2024 to hold future advisory votes on executive compensation annually.
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Ekso Bionics shareholders approve all proposals at 2024 annual meeting
All five director nominees elected: Scott Davis, Mary Ann Cloyd, Corinna Lathan, Charles Li, Deborah Lafer Scher.
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Ekso Bionics Q1 revenue $3.8M; net loss narrows; CMS Medicare reimbursement for Indego Personal
Revenue $3.8M (down 7% YoY from $4.1M); gross margin improved to 52% from 49%.
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Ekso Bionics reports record 2023 revenue of $18.3M, up 42% YoY
Full-year 2023 revenue $18.3M (FY22: $12.9M); sold 151 EksoHealth units.
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Ekso Bionics raises ~$4.0M in registered direct offering of 2.97M shares at $1.55/share
Sold 2,967,742 common shares at $1.55 each; net proceeds ~$4.0M after fees and expenses.
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Ekso Bionics files consent of independent auditor; no material news disclosed
Filed Exhibit 23.1: Consent of WithumSmith+Brown, PC, independent registered public accounting firm.
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Ekso Bionics prelim Q4 rev ~$4.8M (+31% YoY); FY rev ~$18.2M (+41% YoY); cash $8.6M
Q4 2023 revenue estimated $4.7-4.9M, up from $3.6M in Q4 2022 (30-36% YoY increase).
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Ekso Bionics regains Nasdaq minimum bid price compliance
Received Nasdaq written notice on Nov 14, 2023, confirming compliance with $1.00 minimum bid price rule.
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Ekso Bionics Q3 revenue up 38% to $4.6M; net loss narrows to $0.24/share
Revenue of $4.6M, up 38% YoY; gross margin improved to 53% from 51%.
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Ekso Bionics receives $700K from Parker-Hannifin; Nasdaq gives bid price deficiency notice
Received $700,000 from Parker-Hannifin in settlement of warranty obligations under Asset Purchase Agreement.
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Ekso Bionics amends loan: extends maturity to 2026, interest at prime or 4.5% min
Term Loan interest set to greater of Pacific Western Bank prime rate or 4.50% annually.
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Ekso Bionics files prospectus to sell up to $5.0M shares in at-the-market offering
Filed prospectus supplement under existing ATM agreement with H.C. Wainwright & Co. for up to $5.0M of common stock.
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Ekso Bionics Q2 2023 record revenue $4.7M, up 36% YoY; net loss $0.31/share
Revenue $4.7M (+36% YoY); gross profit $2.3M (48% margin) vs $1.6M (47%) in Q2 2022.
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Ekso Bionics removes $6.75 floor from ATM offering; shareholders approve share plan increase
Amended at-the-market offering agreement with H.C. Wainwright to remove $6.75 per share floor, effective June 12, 2023.
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Ekso Bionics Q1 revenues hit record $4.1M, up 61% YoY; net loss narrows to $4.4M
Revenue of $4.1M, a 61% increase from $2.6M in Q1 2022; gross margin improved to 49% from 47%.
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Ekso Bionics director Stern resigns; CEO bonus potential raised to 75% of salary
Stanley Stern resigns from board effective April 26, 2023; no disagreement with Company.
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Ekso Bionics reports FY 2022 revenue up 15% to $12.9M, net loss widens to $15.1M
Full-year revenue $12.9M (up 15% YoY); Q4 revenue $3.6M vs $4.1M year ago.
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Ekso Bionics acquires Parker Hannifin's HMC business for $10M; HMC had $2.2M op loss in FY2022
Acquisition closed Dec 5, 2022; purchase price $10M: $5M cash + $5M subordinated zero-coupon note due Sep 2027.
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Ekso Bionics appoints CEO Scott G. Davis to its Board of Directors
Appointment effective Dec 8, 2022; term expires at 2023 Annual Meeting.