Financial Performance - Net revenue increased by 34% to $9.2 million for the three months ended March 31, 2019, compared to $6.9 million for the same period in 2018[111] - Net income rose by 22% to $2.4 million during the three months ended March 31, 2019, up from $1.9 million in the same period in 2018[111] - Device revenue increased by 24% to $2.0 million for the three months ended March 31, 2019, driven by growth in orders attributed to the expansion of the sales force[119] - Supplies revenue grew by 37% to $7.2 million for the three months ended March 31, 2019, primarily due to an increased customer base from higher device sales[120] Cash Flow and Working Capital - Operating cash flows were $1.8 million for the three months ended March 31, 2019, an increase from $1.0 million in the same period in 2018[130] - Working capital increased by 34% to $9.8 million as of March 31, 2019, compared to $7.3 million as of December 31, 2018[111] - Cash and cash equivalents stood at $9.4 million as of March 31, 2019, with anticipated cash flow from operations expected to meet working capital needs for at least the next twelve months[129] Expenses - Sales and marketing expenses surged by 89% to $2.5 million for the three months ended March 31, 2019, due to the addition of 53 new sales representatives[122] - General and administrative expenses increased by 13% to $2.7 million for the three months ended March 31, 2019, primarily due to headcount growth and fees related to the Nasdaq uplisting[123] Taxation - The effective income tax rate was 25% for the three months ended March 31, 2019, compared to 6% for the same period in 2018[128]

Zynex, Inc. (NASDAQ:ZYXI) Q4 2018 Earnings Conference Call February 26, 2019 4:15 PM ET Company Participants Thomas Sandgaard – Founder, Chairman and Chief Executive Officer Dan Moorhead – Chief Financial Officer Conference Call Participants Jeffrey Cohen – Ladenburg Thalmann Howard Halpern – Taglich Brothers Marc Wiesenberger – B. Riley FBR Operator Good day, and welcome to the Zynex 2018 and Fourth Quarter Earnings Conference Call. All participants will be in listen-only mode. [Operator Instructions] Afte ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K (Mark One) x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the year ended December 31, 2018 ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-38804 ZYNEX, INC. (Exact name of registrant as specified in its charter) Nevada 90-0214497 (State or other jurisdiction of incorporation or org ...