Joseph M. Manko Jr.
the Board appointed Joseph M. Manko Jr. to join the Board, effective on May 9, 2026.
Highest-materiality recent filing
Myomo stockholders vote to increase authorized shares to 100M and expand stock plan by 1.83M shares
Stockholders approved charter amendment increasing authorized common shares to 100,000,000.
Myomo shareholders approve 100M authorized shares and 1.833M share plan increase
Elected Paul R. Gudonis and Thomas F. Kirk as Class III directors to three-year terms expiring 2029.
Myomo appoints Joseph Manko Jr., founder of Horton Capital, as director
Joseph M. Manko Jr. appointed as Class I director effective May 9, 2026, through 2027 annual meeting.
Myomo Q1 revenue $10.1M (+3% YoY); net loss narrows to $3.0M; guides Q2 $10.3M-$10.8M
Revenue $10.1M (+3% YoY), net loss $3.0M ($0.07/sh) vs $3.5M loss ($0.08/sh) in Q1 2025.
Myomo appoints William J. Febbo to Board, effective April 14, 2026
Febbo, 57, is CEO of Performance Health Systems and former CEO of OptimizeRx (OPRX), where he grew revenue from $5M to $92M.
Myomo Q4 revenue falls 6% to $11.4M; net loss widens to $3.8M
Q4 revenue $11.4M (-6% YoY); full year $40.9M (+26% YoY).
Myomo CEO & CFO take 10% salary cut in 2026, receiving RSUs at 115% of foregone amount
CEO Paul Gudonis voluntarily reduces 2026 base salary 10% ($40,000) for RSUs worth $46,000 (115% of foregone).
Myomo Q3 revenue $10.1M (+10% YoY); net loss $0.09/shr; FY guidance $40-42M
Revenue $10.1M, up 10% YoY; 186 units sold (+16%), ASP ~$54,200 (-5%).
Myomo Q2 revenue $9.7M (+28%) but operating loss widens; cuts FY2025 guidance to $40-42M
Revenue $9.7M (+28% YoY), revenue units 178 (+13%), ASP ~$54,200 (+14%).
Myomo sets 2028 revenue target of $100M, gross margin 70-72% at Investor Day
Aspirational goal of $100M annual revenue by 2028, including $15M international and $20M O&P channel revenue.
Myomo stockholders elect Heather Getz as Class II director, ratify CBIZ as auditor for FY2025
Heather Getz elected as Class II director for three-year term expiring at 2028 annual meeting; 10,294,384 for, 1,888,001 withheld, 12,131,966 broker non-votes.
Myomo Q1 revenue $9.8M (+162%); record 700 pipeline adds; guides Q2 $9.0-9.5M
Revenue $9.8M (+162% YoY) on 182 units (+100%); gross margin 67.2% (up 600 bps).
Myomo names CBIZ as new auditor; two directors exit board
Marcum LLP resigned as auditor April 8; CBIZ CPAs engaged after acquiring Marcum's attest business.
Myomo Q4 revenue $12.1M record, first positive op. cash flow; guides FY2025 $50-53M
Q4 revenue $12.1M (+154% YoY); 220 units shipped (+106%); ASP ~$54,900 (+23%).
Myomo enters $3M term loan with SVB; revises revolver Medicare concentration limit
New $3M term loan available until Feb 28, 2026; repayable in 36 monthly installments from Mar 1, 2026, maturing Feb 1, 2029.
Myomo prices $15M public offering of 3M shares at $5.00; underwriter option exercised in full
3,000,000 shares priced at $5.00 each; gross proceeds of $15.0M expected before expenses.
Myomo Q3 revenue record $9.2M (+81% YoY); FY guidance raised to $30-31M
Record Q3 product revenue $9.2M, +83% YoY; net loss $1.0M ($0.03/sh) vs $2.0M loss year ago.
Myomo signs 88-month lease for 36,208 sq ft in Burlington, MA for HQ and manufacturing
Lease for approx. 36,208 rentable sq ft at 45 Blue Sky Drive; monthly rent starts at $96,250 and escalates over 8-year term.
Myomo Q2 2024 revenue $7.5M (+77% product revenue); record 213 MyoPro orders
Product revenue $7.5M (+77% YoY); total revenue $7.5M (+26% YoY) reflecting prior-year license fee.
Myomo enters $4M revolving credit facility with Silicon Valley Bank
Revolver up to $4M (expandable to $5.5M); interest rate greater of 8.50% or prime + 0.50%.
Myomo expects record Q2 revenue $7.2M-$7.4M, up 92-97% sequentially
Preliminary Q2 revenue $7.2M-$7.4M, 92-97% sequential increase, highest ever.
Myomo shareholders elect Crowley and Morris as Class I directors, ratify Marcum as auditor
Thomas A. Crowley received 9,246,482 votes for, 1,049,041 withheld, and 11,747,021 broker non-votes.
Myomo Q1 revenue $3.8M (+9% YoY); backlog record 275 units; net loss $3.8M
Revenue $3.8M (+9% YoY); product revenue $3.75M; revenue units 91 (+14%).
Myomo receives first lump sum Medicare reimbursements for MyoPro under new CMS fees
CMS through DME MACs remitted lump sum reimbursements for MyoPros to Medicare Part B beneficiaries.
Myomo appoints Heather Getz to board as director and audit committee chair
Board increased from 6 to 7 members; Ms. Getz appointed as Class II director effective March 26, 2024.
Myomo Q4 revenue $4.8M (+18% YoY), backlog record 230 units, guides FY2024 rev $28M-$30M
Q4 product revenue $4.756M (+18% YoY); recognized 107 MyoPro units (+6%).
CMS finalizes Medicare fee schedule for Myomo's MyoPro at $33,481-$65,872 per device
CMS final fee schedule rates: L8701 (Motion W) $33,480.90, L8702 (Motion G) $65,871.74, effective April 1, 2024.
Myomo amends CFO Henry's salary to $260K; CMO Kovelman gets new severance terms
CFO David Henry: base salary raised from $221,500 to $260,000; annual incentive cap reduced from 75% to 55% of base.
Myomo reports prelim Q4 revenue $4.6-$4.8M (+14-19% YoY), raises $6M in registered direct offering
Preliminary Q4 2023 revenue expected $4.6-$4.8M, up 14-19% YoY; cash $8.7M at Dec 31, 2023.
Myomo renews CEO Paul Gudonis employment agreement; $350K base salary, term through Dec 2026
Base salary of $350,000 with annual bonus opportunity up to 75% of base, effective Jan 1, 2024.
Myomo Q3 record product revenue $5.0M, up 27% YoY; net loss narrows to $2.0M
Total revenue $5.1M (+28% YoY); product revenue $5.0M (+27%) on 119 units (+37%).
CMS proposes Medicare reimbursement rates for MyoPro: $31,745 for L8701, $62,457 for L8702
CMS proposed fee schedule rates: L8701 (Motion W) at $31,745.42 and L8702 (Motion G) at $62,457.28.
CMS classifies MyoPro as Medicare Part B brace, lump-sum reimbursement from Jan 1, 2024
CMS final rule published Nov 1, effective Jan 1, 2024: MyoPro classified as a brace, paid lump sum.
Myomo raises $4.4M in registered public offering of common stock and pre-funded warrants
Offering consists of 5,413,334 shares of common stock and 1,920,000 pre-funded warrants at $0.60 per share/$0.5999 per warrant.
Myomo receives first Medicare Part B payments for MyoPro; terminates Keystone stock agreement
Received payment on two MyoPro claims under Medicare Part B capped rental program (13-month payout).
Myomo Q2 revenue up 62% to $6.0M; net loss narrows to $1.0M
Product revenue $4.2M (+15% YoY); revenue units 97 (+21%). Total revenue includes $1.7M JV license fee.
Myomo stockholders re-elect 2 directors, approve 1.1M share plan increase, say-on-pay every 3 years
Paul R. Gudonis and Thomas F. Kirk re-elected as Class III directors through 2026 annual meeting.
Myomo Q1 product rev up 20% to $3.4M; record 438 pipeline patients added
Product revenue $3.4M, +20% YoY; total revenue $3.4M (-11% due to prior-year license fee).
Received final $1.7M of initial license fee from Jiangxi Myomo JV; total upfront fee now $2.7M.
Myomo Q4 revenue flat at $4.0M; net loss improves to $0.29/share
Q4 product revenue $4.0M, flat YoY and up 2% sequentially; 101 units (down 6% YoY).
Myomo appoints Yitzchak Jacobovitz to board of directors
Board expanded from five to six members; Jacobovitz appointed Class II director effective Jan 27, 2023.
Myomo raises $6.5M in registered offering of 13.17M shares and pre-funded warrants at $0.325
Gross proceeds of $6.5M from sale of 13,169,074 shares at $0.325 and pre-funded warrants for 6,830,926 shares at $0.3249.
Myomo reduces workforce by 12% to cut annual expenses by $2M
Workforce reduction of 12%, primarily affecting call center and administrative staff.
Myomo fails to convene special meeting to approve Keystone stock issuance; withdraws proposals
Special meeting on Dec 7, 2022 lacked quorum; only majority of proxies received were in favor.
Myomo reports Q3 product revenue $4.0M, up 8% sequentially; record backlog of 184 units
Product revenue $4.0M, down 9% YoY but up 8% sequentially; revenue units 87, down 15% YoY.
CMS defers Myomo's request to reclassify MyoPro as brace; decision expected Q1 2023
CMS declined to rule on Myomo's request to reclassify MyoPro from rental DME to lump-sum brace.
Myomo Q2 revenue up 18% to $3.7M; record pipeline adds 52% YoY; net loss widens to $0.42/share
Revenue $3.7M (+18% YoY, +28% seq); product units 80, flat YoY; ASP up via direct billing (83% of revenue).
Myomo enters $5M common stock purchase agreement with Keystone Capital Partners
Up to $5M of common stock may be sold at Myomo's discretion; 50,000 commitment shares issued.
Myomo pre-announces Q2 revenue $3.4-3.6M, up 10-16% YoY; record pipeline adds
Preliminary Q2 2022 revenue $3.4–$3.6M, up 10–16% vs Q2 2021; all product revenue.
Myomo shareholders elect Amy Knapp director and ratify Marcum as auditor
Amy Knapp elected as Class II director with 2,458,836 for, 352,291 withheld.
the Board appointed Joseph M. Manko Jr. to join the Board, effective on May 9, 2026.
Also on April 4, 2025, Mr. Yitzchak Jacobovitz, a member of the Board and the Nominating and Corporate Governance Committee of the Board, informed the Company that he does not intend to stand for reelection at the Annual Meeting.
On April 4, 2025, Ms. Amy Knapp, a member of the Board, the Audit Committee of the Board and the Nominating and Corporate Governance Committee of the Board, informed the Company that she does not intend to stand for reelection at the Company’s 2025 annual meeting of shareholders
the Board increased its size from six to seven members and appointed Heather Getz to join the Board, effective on March 26, 2024.
The board of directors increased the size of the Board from five to six members and appointed Yitzchak Jacobovitz, selected and nominated by AIGH, as a Class II director effective January 27, 2023
Max materiality 0.85 · Median 0.68 · Most common event earnings