Private company

Healthtech Solutions, Inc./UT

Healthtech Solutions, Inc./UT is an American surgical and medical instruments and apparatus company.1 It is headquartered in Salt Lake City, Utah.1

Last updated Oct 20, 2026.

Overview

  • IndustrySurgical & Medical Instruments & Apparatus1
  • HeadquartersSalt Lake City, Utah1
  • Incorporated inUT2
  • Business address615 S. Arapeen Drive, Suite 300, Salt Lake City, Ut 841082
  • Filer categoryNon-accelerated filer, Smaller reporting company2

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2022

92.7%Gross margin3
-204.9%Operating margin3
-180.3%Net margin3

Where the money goes

Where each dollar of revenue went, fiscal 2022

  • Cost of revenue7¢$123.9K
  • Research and development93¢$1.8M

Out of $1.7M in revenue.3 The company lost money this year.

Financial statements

Revenue43$1.7M in 2022
0$500.0K$1.0M$1.5M$2.0M2020: $0$020202021: $0$020212022: $1.7M$1.7M2022
Gross profit3$1.6M in 2022
0$500.0K$1.0M$1.5M$2.0M2021: $0$020212022: $1.6M$1.6M2022
Operating income543-$3.5M in 2022+530% since 2019
-$6.0M-$4.0M-$2.0M02019: -$548.7K-$548.7K20192020: -$709.9K-$709.9K2020+29%2021: -$5.0M-$5.0M2021+605%2022: -$3.5M-$3.5M2022−31%
Net income543-$3.0M in 2022+455% since 2019
-$10.0M-$7.5M-$5.0M-$2.5M02019: -$548.7K-$548.7K20192020: -$732.2K-$732.2K2020+33%2021: -$9.1M-$9.1M2021+1144%2022: -$3.0M-$3.0M2022−67%
Fiscal year20182019202020212022
Revenue$04$03$1.7M3
Cost of revenue$03$123.9K3
Gross profit$03$1.6M3
Research and development$206.4K5$348.8K4$159.8K3$1.8M3
Operating expenses$5.0M3$5.0M3
Operating income-$548.7K5-$709.9K4-$5.0M3-$3.5M3
Interest$367.1K3$03
Income before tax-$8.3M3-$3.5M3
Income tax$04$03$03
Net income-$548.7K5-$732.2K4-$9.1M3-$3.0M3
Earnings per share-$0.313-$0.043
Earnings per share (diluted)-$0.313-$0.043
Shares (weighted, basic)29.4M shares368.1M shares3
Shares (weighted, diluted)29.4M shares368.1M shares3

Compare Healthtech Solutions, Inc./UT with another company

What it owns

What Healthtech Solutions, Inc./UT reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, net$83.3K3 Dec 31, 2022$03 Dec 31, 2021

Real estate and locations

ItemLatestA year beforeChange
Area of land10,800 sq ft3 Sep 26, 2022

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$97.6K3 Dec 31, 2022$7.1K3 Dec 31, 2021+1273.5%

Intangibles and goodwill

ItemLatestA year beforeChange
Finite-lived intangibles, net$95.4K3 Dec 31, 2022$03 Dec 31, 2021

Inventory

ItemLatestA year beforeChange
Inventory, total$403.6K3 Dec 31, 2022$03 Dec 31, 2021
Work in process$199.4K3 Dec 31, 2022$03 Dec 31, 2021
Finished goods$274.4K3 Dec 31, 2022$03 Dec 31, 2021

Leadership

Who has led Healthtech Solutions, Inc./UT, and when. Pick a name to see everywhere that person has worked.

Chief operating officer

  1. Bradley K. Mathis2021
2010201520202025
Board members and other officers (3)

Former names

  • HYB Holding Corp.Apr 15, 2020 to Dec 8, 20202
  • XINYINHAI TECHNOLOGY, LTD.Nov 14, 2006 to Mar 19, 20202
  • IRON STAR DEVELOPMENT, INC.Nov 5, 2004 to Oct 12, 20062

Timeline

  1. Jun 13, 20258-K Entered a material agreement; Completed an acquisition or sale; Executive or director change14
  2. Feb 21, 20258-K Executive or director change; Shareholder vote15
  3. Jan 10, 20258-K Executive or director change16
  4. Sep 6, 20238-K Entered a material agreement17
  5. Jul 28, 20238-K Other events18
  6. Mar 23, 20238-K Executive or director change19
  7. Feb 2, 20238-K Entered a material agreement; Completed an acquisition or sale; Unregistered sale of shares20
  8. Jan 6, 20238-K Regulation FD disclosure21
  9. Dec 22, 20228-K Entered a material agreement22
  10. Sep 12, 20228-K Unregistered sale of shares23
  11. Feb 3, 20228-K Completed an acquisition or sale24
  12. Jan 21, 20228-K Entered a material agreement25
  13. Jul 16, 2021New chief executive Edward Winslow Swanson becomes CEO8
  14. Jun 5, 2020New chief executive Robert Brantl becomes CEO9

Filings

35 filings to the SEC since October 2021: 2 annual reports, 4 quarterly reports, 16 major events, 2 insider forms, 11 other. The latest 20:

  1. Nov 25, 2025REVOKED EDGAR
  2. Jun 13, 20258-K EDGAR
  3. Feb 21, 20258-K EDGAR
  4. Jan 27, 2025DEF 14C EDGAR
  5. Jan 10, 20258-K EDGAR
  6. Dec 20, 2024PRE 14C EDGAR
  7. Sep 6, 20238-K EDGAR
  8. Jul 28, 20238-K EDGAR
  9. Jun 28, 202310-K EDGAR
  10. Mar 31, 2023NT 10-K EDGAR
  11. Mar 23, 20238-K EDGAR
  12. Feb 2, 20238-K EDGAR
  13. Jan 6, 20238-K EDGAR
  14. Dec 22, 20228-K EDGAR
  15. Nov 30, 20224/A PRIMARY DOCUMENT EDGAR
  16. Nov 30, 20224 PRIMARY DOCUMENT EDGAR
  17. Nov 23, 202210-Q EDGAR
  18. Nov 14, 2022NT 10-Q EDGAR
  19. Sep 12, 20228-K EDGAR
  20. Aug 31, 2022SEC STAFF ACTION EDGAR

The 35 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

SEC filer profile

How Healthtech Solutions, Inc./UT is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARHealthtech Solutions, Inc./UT1
  • CIK0001307624
  • Employer ID (EIN)84-25286601
  • Filer statusNon-accelerated filer<br>smaller reporting company1
  • Incorporated inUtah1
  • Fiscal year endsDecember 311
  • Industry code (SIC)3841 Surgical & Medical Instruments & Apparatus1
  • SEC reviewing officeOffice of Industrial Applications and Services, Division of Corporation Finance1
  • Business address615 S. Arapeen Drive, Suite 300, Salt Lake City, UT 841081
  • Phone844-926-33991
  • Shares outstanding96,131,606 as of Jun 26, 20233
  • Public float$7.0M as of Jun 30, 20223
  • On EDGAR sinceNov 5, 20041
  • Filings168 in all: 8-K (46), 10-Q (19), 3 (11), 10QSB (10), NT 10-Q (10), UPLOAD (9), 10-K (7), CORRESP (7)1
    All 32 form types

    NT 10-K (6), PRE 14C (5), 10KSB (4), 10-K/A (3), 10-Q/A (3), 4 (3), DEF 14C (3), 10-12G/A (2), 10SB12G/A (2), D (2), S-8 (2), S-8 POS (2), 1-A (1), 10-12G (1), 10QSB/A (1), 10SB12G (1), 15-12G (1), 4/A (1), 8-K/A (1), REVOKED (1), SC 13D (1), SC 13D/A (1), SC 14F1 (1), SEC STAFF ACTION (1)

  • Latest filingsAnnual report (10-K) Jun 28, 2023
    Quarterly report (10-Q) Nov 23, 2022
    Latest 8-K (8-K) Jun 13, 2025