Overview
- IndustrySurgical & Medical Instruments & Apparatus2
- HeadquartersNew Hope, United States2
- Incorporated inDE3
- Business address1301 East Broward Boulevard, 3Rd Floor, Ft. Lauderdale, Fl 333013
- Filer categoryNon-accelerated filer, Smaller reporting company3
- Legal formCorporation2
- LEI5493005RU1LEOIG1KS822
- StatusActive2
- LEI statusLapsed (not renewed)2
- Registered addressC/O Corporation Service Company, 19808 Wilmington, United States2
- Registered withDivision of Corporations, Department of State, 61578402
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2020. We received a supplement to the initial CE Certificate of Conformity in January 2021.4 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2023
Where the money goes
Where each dollar of revenue went, fiscal 2023
- Cost of revenue2¢$81.0K
- Research and development77¢$3.5M
- Interest21¢$947.0K
Out of $295.0K in revenue.5 The company lost money this year.
Financial statements
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Revenue | $36.0K6 | $107.0K7 | $91.0K8 | $303.0K9 | $540.0K5 | $295.0K5 | |
| Cost of revenue | $54.0K6 | $136.0K6 | $95.0K8 | $181.0K9 | $198.0K5 | $81.0K5 | |
| Gross profit | -$18.0K6 | -$29.0K6 | |||||
| Research and development | $4.3M10 | $6.0M6 | $9.0M7 | $5.6M8 | $5.3M9 | $5.6M5 | $3.5M5 |
| Operating expenses | $18.3M9 | $18.4M5 | $12.2M5 | ||||
| Operating income | -$13.0M10 | -$18.9M6 | -$23.4M7 | -$19.0M8 | -$17.9M9 | -$17.9M5 | -$11.9M5 |
| Interest | $453.0K8 | $1.3M5 | $947.0K5 | ||||
| Income tax | $08 | $08 | $05 | $05 | |||
| Net income | -$13.2M10 | -$22.3M6 | -$23.1M7 | -$19.3M8 | -$19.0M9 | -$18.6M5 | -$12.9M5 |
| Earnings per share | -$86.155 | -$15.895 | |||||
| Earnings per share (diluted) | -$0.608 | -$10.749 | -$86.155 | -$15.895 | |||
| Shares (weighted, diluted) | 215.9K shares5 | 809.5K shares5 |
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Cash | $6.9M6 | $18.1M7 | $20.5M7 | $20.8M8 | $22.6M9 | $14.0M5 | $5.0M5 |
| Receivables | $109.0K9 | $59.0K5 | $76.0K5 | ||||
| Inventory | $496.0K9 | $999.0K5 | $496.0K5 | ||||
| Current assets | $8.3M10 | $22.1M6 | $30.2M7 | $22.1M8 | $24.0M9 | $15.4M5 | $5.8M5 |
| Property, plant and equipment | $1.4M9 | $1.3M5 | $992.0K5 | ||||
| Total assets | $9.2M10 | $23.0M6 | $32.3M7 | $24.1M8 | $26.1M9 | $17.6M5 | $7.2M5 |
| Short-term debt | $431.0K9 | $2.5M5 | $1.0M5 | ||||
| Current liabilities | $2.0M10 | $2.4M6 | $11.3M7 | $10.6M8 | $3.3M9 | $4.8M5 | $3.3M5 |
| Long-term debt | $7.8M7 | $8.0M7 | $7.1M9 | $4.6M5 | $1.2M5 | ||
| Total liabilities | $3.6M10 | $4.4M6 | $13.9M7 | $12.8M8 | $16.4M9 | $14.7M5 | $4.5M5 |
| Retained earnings | -$122.8M9 | -$141.4M5 | -$154.2M5 | ||||
| Shareholders’ equity | $5.5M10 | $18.5M7 | $18.3M8 | $11.3M9 | $9.7M5 | $3.0M5 | $2.7M5 |
| Shares outstanding | 10.5M shares10 | 21.4M shares6 | 28.8M shares7 | 32.3M shares8 | 2.4M shares9 | 310.5K shares5 | 1.5M shares5 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Cash from operations | -$10.4M10 | -$14.9M6 | -$19.9M7 | -$17.0M8 | -$14.4M9 | -$17.5M5 | -$11.2M5 |
| Depreciation and amortization | $439.0K9 | $510.0K5 | $451.0K5 | ||||
| Stock-based compensation | $3.5M9 | $1.8M5 | $471.0K5 | ||||
| Capital spending | $707.0K10 | $547.0K6 | $468.0K7 | $88.0K8 | $470.0K9 | $224.0K5 | $104.0K5 |
| Free cash flow | -$11.1M | -$15.5M | -$20.4M | -$17.1M | -$14.9M | -$17.7M | -$11.3M |
| Cash from investing | -$470.0K9 | -$224.0K5 | -$104.0K5 | ||||
| Cash from financing | $16.6M9 | $9.2M5 | $2.2M5 |
Corporate structure
Motus GI Holdings, Inc. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Motus GI Holdings, Inc.
- ARMISTICE CAPITAL, LLC Filed SC 13G/A on Motus GI Holdings, Inc., latest Nov 14, 2024 (2 filings since Feb 14, 2024)
- Larry N. Feinberg Filed SC 13G/A on Motus GI Holdings, Inc., latest Dec 29, 2021
- Motus GI Holdings, Inc. New Hope, Pennsylvania, United States
Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Motus GI Holdings, Inc. 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
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, before depreciation | $3.3M5 Dec 31, 2023 | $3.2M5 Dec 31, 2022 | +3.7% |
| Accumulated depreciation | $2.3M5 Dec 31, 2023 | $1.9M5 Dec 31, 2022 | +23.8% |
| Property and equipment, net | $992.0K5 Dec 31, 2023 | $1.3M5 Dec 31, 2022 | −25.1% |
| Operating-lease assets (leased space) | $210.0K5 Dec 31, 2023 | $428.0K5 Dec 31, 2022 | −50.9% |
Investments
Inventory
Leadership
Who has led Motus GI Holdings, Inc., and when. Pick a name to see everywhere that person has worked.
Chief executive
Chair
President
Chief financial officer
Chief operating officer
- Chief executive officerMark Pomeranz Feb 13, 2018 to Feb 21, 201813
- Chief executive officerTimothy P. Moran Oct 1, 2018 to Feb 11, 202214
- ChairDavid P. Hochman Feb 13, 2018 to Feb 13, 201815
- PresidentMark Pomeranz Dec 26, 2018 to Feb 11, 202216
- Chief financial officerRavit Ram Jun 21, 2023 to Jun 21, 202317
- Chief operating officerMark Pomeranz Dec 26, 2018 to Feb 11, 202216
Board members and other officers (10)
- Chief Accounting OfficerElad Amor Jun 21, 2023 to Jun 21, 202318
- Board memberScott Durbin Sep 6, 2023 to Mar 13, 202419
- Board memberSonja Nelson Jun 23, 2021 to Mar 13, 202420
- Board memberDarren Sherman Feb 13, 2018 to Feb 11, 202221
- Board memberGary J. Pruden Feb 13, 2018 to Mar 13, 202422
- Board memberMark Pomeranz Feb 13, 2018 to Feb 11, 202213
- Board memberSamuel R. Nussbaum Md. Feb 13, 2018 to Feb 19, 202123
- Board memberShervin J. Korangy Feb 13, 2018 to Feb 11, 202224
- Board memberDavid P. Hochman Feb 21, 2018 to Feb 15, 201925
- Board memberTimothy P. Moran Oct 1, 2018 to Mar 12, 202414
Former names
- Eight-Ten Merger Corp.Oct 27, 2016 to Nov 8, 20163
Timeline
- Jul 31, 20248-K Executive or director change; Shareholder vote; Other events26
- Jun 20, 20248-K Debt or obligation accelerated27
- Jun 7, 20248-K Other events28
- May 14, 20248-K Results of operations; Regulation FD disclosure29
- Apr 11, 20248-K Listing notice or transfer30
- Mar 18, 20248-K Results of operations; Regulation FD disclosure31
- Mar 11, 20248-K Executive or director change32
- Mar 7, 20248-K Shareholder vote33
- Feb 22, 20248-K Entered a material agreement; Unregistered sale of shares; Change to shareholders' rights34
- Feb 21, 20248-K Regulation FD disclosure; Other events35
- Jan 22, 20248-K Other events36
- Dec 22, 20238-K Entered a material agreement; Unregistered sale of shares; Regulation FD disclosure37
- Oct 1, 2018New chief executive Timothy P. Moran becomes CEO14
- Feb 13, 2018New chief executive Mark Pomeranz becomes CEO13
- Sep 20, 2016Founded Motus GI Holdings, Inc. is founded2
Calendar
When it reported results
- May 14, 2024Reported quarterly or annual results29
- Mar 18, 2024Reported quarterly or annual results31
- Nov 13, 2023Reported quarterly or annual results38
- Aug 14, 2023Reported quarterly or annual results39
- May 10, 2023Reported quarterly or annual results40
- Mar 31, 2023Reported quarterly or annual results41
- Nov 14, 2022Reported quarterly or annual results42
- Aug 11, 2022Reported quarterly or annual results43
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
146 filings to the SEC since October 2021: 3 annual reports, 8 quarterly reports, 54 major events, 25 insider forms, 3 large holders, 53 other. The latest 20:
- Nov 14, 2024SC 13G/A EDGAR
- Aug 13, 2024EFFECT EDGAR
- Aug 13, 2024EFFECT EDGAR
- Aug 13, 2024EFFECT EDGAR
- Aug 13, 2024EFFECT EDGAR
- Aug 13, 2024EFFECT EDGAR
- Aug 9, 202415-12G EDGAR
- Aug 9, 2024S-8 POS EDGAR
- Aug 9, 2024S-8 POS EDGAR
- Aug 9, 2024S-8 POS EDGAR
- Aug 9, 2024S-8 POS EDGAR
- Aug 9, 2024S-8 POS EDGAR
- Aug 9, 2024S-8 POS EDGAR
- Aug 9, 2024POS AM EDGAR
- Aug 9, 2024POS AM EDGAR
- Aug 9, 2024POS AM EDGAR
- Aug 9, 2024POS AM EDGAR
- Aug 9, 2024POS AM EDGAR
- Jul 31, 20248-K EDGAR
- Jun 26, 2024DEF 14A EDGAR
The 146 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.
Insider trades
3 open-market trades by officers, directors and large owners since October 2021: 3 buys and 0 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Nov 19, 2021 | Taylor Andrew LawrenceChief Financial Officer | Buy | 2,000 | $0.51 | $1.0K | Form 4 |
| Nov 19, 2021 | Pomeranz MarkPresident and COO | Buy | 4,000 | $0.51 | $2.0K | Form 4 |
| Nov 19, 2021 | Moran Timothy P.Director | Buy | 10,000 | $0.52 | $5.2K | Form 4 |
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- ARMISTICE CAPITAL, LLCSC 13G/A, 2 filings Feb 14, 2024 to Nov 14, 202444
- Larry N. FeinbergSC 13G/A, 1 filing Dec 29, 202145
SEC filer profile
How Motus GI Holdings, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARMotus GI Holdings, Inc.1
- CIK0001686850
- Employer ID (EIN)81-40427931
- Filer statusNon-accelerated filer<br>smaller reporting company1
- Incorporated inDelaware1
- 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 address1301 East Broward Boulevard, 3Rd Floor, Ft. Lauderdale, FL 333011
- Phone786-459-18311
- Shares outstanding5,768,876 as of May 7, 202412
- Public float$3.1M as of Jun 30, 20235
- On EDGAR sinceOct 27, 20161
- Filings411 in all: 4 (115), 8-K (103), 3 (21), 10-Q (19), CORRESP (15), EFFECT (14), UPLOAD (11), SC 13G/A (8)1
All 38 form types
10-K (7), DEF 14A (7), DEFA14A (7), S-1/A (7), PRE 14A (6), S-8 (6), S-8 POS (6), SC 13G (6), 424B5 (5), POS AM (5), S-3 (5), 424B4 (4), S-1 (4), 3/A (3), 424B3 (3), DRS (3), SC 13D/A (3), D (2), D/A (2), DRS/A (2), DRSLTR (2), SC 13D (2), 15-12G (1), 25-NSE (1), 4/A (1), 8-A12B (1), ARS (1), CERT (1), CT ORDER (1), S-3/A (1)
- Latest filingsAnnual report (10-K) Mar 18, 2024
Quarterly report (10-Q) May 14, 2024
Proxy statement (DEF 14A) Jun 26, 2024
Latest 8-K (8-K) Jul 31, 2024
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- 11
- 12
- 13
- 14
- 15SEC EDGARDavid P. Hochman, Chair
- 16SEC EDGARMark Pomeranz, President
- 17SEC EDGARRavit Ram, Chief financial officer
- 18SEC EDGARElad Amor, Chief Accounting Officer
- 19SEC EDGARScott Durbin, Board member
- 20SEC EDGARSonja Nelson, Board member
- 21SEC EDGARDarren Sherman, Board member
- 22SEC EDGARGary J. Pruden, Board member
- 23SEC EDGARSamuel R. Nussbaum Md., Board member
- 24SEC EDGARShervin J. Korangy, Board member
- 25SEC EDGARDavid P. Hochman, Board member
- 26
- 27SEC EDGARDebt or obligation accelerated
- 28SEC EDGAROther events
- 29
- 30SEC EDGARListing notice or transfer
- 31
- 32SEC EDGARExecutive or director change
- 33SEC EDGARShareholder vote
- 34
- 35
- 36SEC EDGAROther events
- 37
- 38
- 39
- 40
- 41
- 42
- 43
- 44
- 45