ChronoScale Corp
CHRN · General Industrial Machinery & Equipment, NEC · 3.6M shares · +30%/yr ↑ dilution · EDGAR filings ↗
Reference price $11.85 · est. market cap ~$42M — last insider purchase, 2026-03-16 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
F38Going-concern micro-cap exoskeleton maker (Ekso) with effectively no cash, surviving only on a pending reverse merger.
Strengths
- FDA-cleared product portfolio (EksoNR, Indego) with an established clinical install base
- Pending Applied Digital Cloud business combination could recapitalize the shell
Risks
- Cash runway 0.4 quarters and only $1.2M cash (6th–10th pct); explicit going-concern doubt
- ROA -58% and ROE -130%; survival hinges entirely on a deal that may not close
Notable findings
- Restatementand (vi) our Second Amended and Restated Articles of Incorporation (the “Second Restated Articles”) shall have been duly adopted by all necessary corporate action on our part, filed with the Secretary 8-K ↗
- Exec changeRecent 8-K item 5.02 8-K ↗
- Auditor changeRecent 8-K item 4.01 8-K ↗
- Cash burnNegative free cash flow (-12.0M)
- Chronic dilutionShare count +30%/yr over 4y (dilution, book value/share -1%)
- Insider buyingInsider buying — 12 open-market buy(s) by 3 insider(s) (cluster of 3 insiders, ~$1M, last 6mo) Form 4 ↗
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Return on equity
-129.6%
Return on assets
-58.2%
Revenue growth (QoQ)
17.9%
Current ratio
1.6×
Free cash flow
-$12M
EBITDA
-$12M
Tangible book value
$5M
Cash & investments
$1M
Cash runway
0q
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-05-14 | Wong Jerome | Grant | 40K | — |
| 2026-05-14 | Cummins Wes | Grant | 200K | — |
| 2026-05-14 | CLANCY WILLIAM M | Grant | 200K | — |
| 2026-05-14 | MILLER DOUGLAS S | Grant | 200K | — |
| 2026-05-14 | Benson Ella G. | Grant | 200K | — |
| 2026-05-14 | Nottenburg Richard N | Grant | 200K | — |
| 2026-05-14 | Davis Scott G. | Grant | 109K | — |
| 2026-03-16 | Jones Jason C | Buy | 1.3K | $11.85 |
| 2026-03-16 | Wong Jerome | Buy | 1.3K | $11.85 |
| 2026-02-19 | ASHER DANIEL | Buy | 16K | $12.30 |
| 2026-02-19 | ASHER DANIEL | Buy | 1.2K | $9.60 |
| 2026-02-13 | ASHER DANIEL | Buy | 11K | $9.14 |
| 2026-02-13 | ASHER DANIEL | Buy | 16K | $8.96 |
| 2026-02-12 | ASHER DANIEL | Buy | 8.9K | $9.18 |
| 2026-02-12 | ASHER DANIEL | Buy | 30K | $9.69 |
| 2026-02-11 | ASHER DANIEL | Buy | 21K | $9.69 |
| 2026-02-10 | ASHER DANIEL | Buy | 10K | $9.92 |
| 2026-02-09 | ASHER DANIEL | Buy | 4.8K | $9.96 |
| 2026-02-06 | ASHER DANIEL | Buy | 194 | $9.86 |
| 2026-01-06 | Jones Jason C | Sell | 1.3K | $9.25 |
| 2025-12-09 | Wong Jerome | Sell | 1.2K | $4.70 |
| 2025-12-09 | Jones Jason C | Sell | 270 | $4.70 |
| 2025-11-10 | Wong Jerome | Sell | 11K | $4.80 |
| 2025-11-10 | Jones Jason C | Sell | 9.7K | $4.80 |
| 2025-11-10 | Davis Scott G. | Sell | 23K | $4.80 |
| 2025-11-05 | Jones Jason C | Grant | 15K | — |
| 2025-11-05 | Davis Scott G. | Grant | 80K | — |
| 2025-11-05 | Wong Jerome | Grant | 20K | — |
| 2025-05-16 | Cloyd Mary Ann | Grant | 236K | — |
| 2025-05-16 | Lathan Corinna | Grant | 236K | — |
| 2025-05-16 | Li Kecheng | Grant | 236K | — |
| 2025-05-16 | Scher Deborah Lafer | Grant | 236K | — |
| 2025-03-14 | Wong Jerome | Grant | 24K | — |
| 2025-03-14 | Jones Jason C | Grant | 24K | — |
| 2025-03-14 | Davis Scott G. | Grant | 5.6K | — |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-06-26 | Material agreementDebt obligationExhibits | filing ↗ |
| 2026-06-04 | 2.05 | filing ↗ |
| 2026-05-20 | Exec/director changeExhibits | filing ↗ |
| 2026-05-05 | Material agreementAcquisition/dispositionResults3.023.03Auditor change5.01Exec/director change5.03Exhibits | filing ↗ |
| 2026-05-04 | Material agreement3.023.035.03Exhibits | filing ↗ |
| 2026-02-17 | Material agreementResults3.023.035.01Exec/director change5.03Exhibits | filing ↗ |
| 2026-01-22 | Material agreement3.025.03Exhibits | filing ↗ |
| 2025-12-29 | Reg FDOtherExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-06-26 | 2026-06-26 | 0001493152-26-030318 ↗ |
| 8-K | 2026-06-04 | 2026-05-29 | 0001493152-26-027271 ↗ |
| 8-K/A | 2026-05-20 | 2025-11-05 | 0001493152-26-024664 ↗ |
| 8-K/A | 2026-05-05 | 2026-05-01 | 0001493152-26-021330 ↗ |
| 8-K | 2026-05-04 | 2026-05-01 | 0001493152-26-021099 ↗ |
| 10-Q | 2026-04-28 | 2026-03-31 | 0001437749-26-013682 ↗ |
| 10-K/A | 2026-04-10 | 2025-12-31 | 0001437749-26-012069 ↗ |
| 10-K | 2026-02-23 | 2025-12-31 | 0001437749-26-005086 ↗ |
| 8-K | 2026-02-17 | 2026-02-14 | 0001437749-26-004205 ↗ |
| 8-K | 2026-01-22 | 2026-01-20 | 0001437749-26-001774 ↗ |
| 8-K | 2025-12-29 | 2025-12-29 | 0001437749-25-038864 ↗ |
| 8-K | 2025-11-07 | 2025-11-05 | 0001437749-25-033889 ↗ |