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Ekso Bionics(EKSO) - 2025 Q3 - Earnings Call Presentation
2025-10-28 20:00
Improving health and quality of life with advanced robotics designed to enhance, amplify, and restore human function. Investor Presentation October 2025 Forward-Looking Statements This presentation contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Any statements contained in this presentation that do not describe historical facts may constitute forward-looking statements. Forw ...
Ekso Bionics(EKSO) - 2025 Q2 - Earnings Call Presentation
2025-07-28 20:30
Company Overview - Ekso Bionics focuses on developing exoskeleton solutions to enhance human strength, endurance, and mobility[6] - The company has deployed over 900 devices in more than 450 centers worldwide[7, 12, 37] Financial Performance & Market Opportunity - In 2023, Ekso Bionics generated $15.4 million in clinical revenue[6] - The company is targeting positive operating cash flow through revenue growth and improved efficiencies[7, 71] - The total potential addressable market for personal mobility exoskeletons in the USA is estimated at ~$34 billion, including potential future neurodegenerative indications and general debility usage[55] Reimbursement & Market Access - CMS reimbursement for Ekso Indego Personal is established at $91,000, effective April 1, 2024[7, 50] - CMS & VA covered individuals with SCI is ~176,000[52] - The company is leveraging clinical relationships and partnerships for efficient market access[56, 57] Product Portfolio - The company offers a range of products, including EksoNR and Ekso Indego Therapy for neuro-rehabilitation[6] - Ekso is developing the Nomad device, with a limited research release in 2024 and commercial release expected in 2025[24] - EVO is an upper body exoskeleton for industrial applications, with a potential market opportunity > $8 billion annually[60, 66]
Ekso Bionics (EKSO) Earnings Call Presentation
2025-06-25 12:35
Company Overview - Ekso Bionics is a developer of exoskeleton solutions designed to augment human strength, endurance, and mobility[6] - The company has deployed over 900 devices in more than 450 centers worldwide[7, 12, 37] Financial Performance & Market Opportunity - Ekso Bionics generated $15.4 million in clinical revenue in 2023, out of $18.2 million total revenue[6] - The company received CMS reimbursement for Ekso Indego Personal at $91,000[7, 50] - The total potential addressable market for personal mobility exoskeletons is estimated at $13.1 billion, including potential future neurodegenerative indications in the USA[55] - The long-term potential market for general debility usage is estimated at $34 billion, based on 1.5 million manual wheelchair users in the USA[55] - The company's revenue for FY 2023 was $18.3 million, a 42% increase compared to $13.0 million in FY 2022[71, 75] Market Reach & Strategy - The company leverages a clinical installed base of approximately 260 US centers to reach patients with spinal cord injuries[7] - Ekso Bionics is focused on achieving positive operating cash flow through scaling revenue growth and improving operating efficiencies[7, 82] - The company is expanding its market reach across the care continuum, from outpatient to home, with the Indego product line[76] - The potential market opportunity for the EVO industrial exoskeleton in targeted segments is greater than $8 billion annually[66]
Ekso Bionics Reports First Quarter 2025 Financial Results
Globenewswire· 2025-05-05 20:05
Core Viewpoint - Ekso Bionics Holdings, Inc. reported its financial results for the first quarter of 2025, highlighting a decrease in revenue primarily due to lower sales of legacy devices, while also noting significant partnerships that may enhance future growth in the Personal Health products segment [1][4][11]. Financial Performance - The company recorded revenue of $3.4 million for the quarter ended March 31, 2025, down from $3.8 million in the same period in 2024, mainly due to lower sales of legacy EksoNR devices, although sales of Ekso Indego Personal devices increased [4]. - Gross profit for the first quarter was $1.8 million, with a gross margin of approximately 53.5%, compared to $2.0 million and a gross margin of 51.9% in the prior year, driven by cost savings in the supply chain [5]. - Sales and marketing expenses decreased to $1.7 million from $1.8 million year-over-year, attributed to lower headcount and travel expenses [6]. - Research and development expenses were $1.0 million, down from $1.1 million in the previous year, mainly due to reduced use of product development consultants [7]. - General and administrative expenses increased to $2.6 million from $2.3 million, primarily due to an impairment loss of an intangible asset and higher legal and audit costs [8]. - The net loss applicable to common stockholders was $2.9 million, or $0.12 per share, compared to a net loss of $3.4 million, or $0.20 per share, in the same quarter of 2024 [9]. Cash Flow and Position - The company used $2.0 million of net cash in operations for the first quarter of 2025, a decrease from $3.5 million in the same period in 2024 [9]. - As of March 31, 2025, the company had cash and restricted cash totaling $8.1 million, an increase from $6.5 million at the end of 2024 [9][16]. Strategic Partnerships - Ekso Bionics has formed partnerships with National Seating & Mobility (NSM) and Bionic Prosthetics & Orthotics Group (Bionic P&O), which are expected to enhance access to the Ekso Indego Personal device in the complex rehabilitation technology and orthotics and prosthetics markets, respectively [3][11].
Bionic P&O Chosen as First Distributor of Ekso Indego® Personal Within the Orthotics & Prosthetics Industry
Newsfilter· 2025-04-23 12:16
Core Insights - Ekso Bionics Holdings, Inc. has appointed Bionic Prosthetics & Orthotics Group LLC as a non-exclusive distributor for its Ekso Indego® Personal device, enhancing its market reach in the orthotics and prosthetics industry [1][3] Company Overview - Ekso Bionics is a leader in exoskeleton technology, focusing on medical and industrial applications, with a mission to improve health and quality of life through advanced robotics [4] - The company is headquartered in the San Francisco Bay Area and is listed on the Nasdaq Capital Market under the symbol "EKSO" [4] Product Details - The Ekso Indego Personal is a lightweight, portable lower extremity powered exoskeleton designed for individuals with spinal cord injuries, enabling them to stand and walk independently [2] - It features a modular quick connect design for ease of use, allowing users to put on and take off the device without assistance [2] - The device has shown to help users achieve faster walking speeds, enhancing their independence in the community [2] Strategic Partnership - The collaboration with Bionic P&O is seen as a strategic move to leverage their expertise in the orthotics and prosthetics market, which is crucial for the successful marketing and distribution of the Ekso Indego Personal [3] - Bionic P&O, founded in 2007, operates across 12 states and is fully accredited, employing certified practitioners in various specialties [5] Market Impact - The partnership aims to empower individuals with spinal cord injuries to pursue their goals of walking again, potentially transforming the orthotics and prosthetics industry [3]