Jake Singleton
Effective June 9, 2025, Jake Singleton separated from our company as our Chief Financial Officer.
Highest-materiality recent filing
JYNT Q1 revenue up 13%, net income up 34%; credit covenant default waived
Revenue $14.8M (+13% YoY); net income from continuing ops $1.1M vs loss $506K prior year.
The Joint Corp. sells 45 Southern California clinics for $2.3M, moves to pure franchisor model
45 clinics sold to Elite Chiro Group for $2.3M; 13 closed on April 27, 2026.
Joint Corp. agrees to sell 45 Southern California clinics to Elite Chiro Group for $2.3M
Total purchase price $2.3M, includes $150k non-refundable down payment; remainder paid into escrow.
Q4 revenue $15.2M (+3.1% YoY); net income from continuing ops $937K vs $909K.
Joint Corp. agrees to nominate activist investor Jefferson Gramm to board
Letter agreement with Bandera Partners LLC requires company to include Jefferson Gramm in director slate for 2026 annual meeting.
Joint Corp. agrees to nominate activist investor Jefferson Gramm to board at 2026 annual meeting
Company will nominate Jefferson Gramm (Bandera Partners) and recommend his election at 2026 annual meeting.
Joint Corp signs $1.5M APA for 22 SE clinics, terminates $4.5M APA for 45 CA clinics
Sold 22 clinics in VA, NC, SC for aggregate purchase price of $1,482,800; buyers are existing franchisees/operators.
Joint Corp Q3 net income turns positive to $855K; sells 45 clinics for $4.5M; adds $12M buyback
Q3 revenue $13.4M (+6% YoY); consolidated net income $855K vs loss of $3.2M in Q3 2024.
The Joint Corp. to refranchise all company clinics; credit maturity extended to Aug 2027
Consent to refranchise 100% of company-owned/managed clinics to franchisees by Dec 31, 2025.
CFO Jake Singleton's employment ended June 9, 2025; separation agreement signed Aug 22, 2025, includes general release of claims.
Joint Corp Q2 rev $13.3M +5%, narrows loss; cuts FY system-wide sales guidance to $530-550M
Q2 revenue $13.3M (+5% YoY); consolidated net income $93K vs loss $3.6M; net loss from continuing ops $990K vs loss $1.7M.
Expects to reduce 2024 net loss by ~$2.2M and increase carrying value of assets held for sale by ~$2.2M.
The Joint Corp. closes sale of 31 clinics for $11.13M, acquires NW region RD rights
Sold 31 company-owned clinics in AZ/NM to Joint Ventures, LLC for $11.13M (includes $8.3M cash).
The Joint sells 31 clinics for $11.07M, acquires NW region rights, refranchises 5 clinics
Sale of 31 corporate clinics to Joint Ventures, LLC for $11.07M; buyer to own 96 clinics total.
The Joint Corp. names Scott J. Bowman CFO, replacing Jake Singleton
Scott J. Bowman appointed CFO effective June 10, 2025; Jake Singleton separated June 9, 2025.
The Joint Corp. adds director Sandi Karrmann and authorizes $5M stock buyback
Appointed Sandra R.A. Karrmann as director; board increases to eight; she will chair Compensation Committee.
All seven Board nominees elected, including Matthew Rubel, Ronald DaVella, and Sanjiv Razdan.
Effective June 9, 2025, Jake Singleton separated from our company as our Chief Financial Officer.
Effective June 10, 2025, our Board of Directors (the “Board”) appointed Scott J. Bowman as our Chief Financial Officer.
On June 3, 2025, our Board of Directors (the “Board”) increased the size of the Board by one director and appointed Sandra R.A. Karrmann to fill the vacancy created by the increase in size of the Board.
Max materiality 0.85 · Median 0.70 · Most common event other_material