C

ChronoScale Holdings Corp.

CHRN Nasdaq Industrials · General Industrial Machinery & Equipment, Nec Dallas, TX chronoscale.com
$11.59
Mkt Cap 41.2M

Maker of exoskeleton devices that augment human strength, endurance and mobility, sold mainly for clinical neurorehabilitation and personal use by people with physical disabilities.

From the annual report

We operate our business through two wholly-owned subsidiaries: ChronoScale Corporation, a Nevada corporation (f/k/a Applied Digital Cloud Corporation, a Nevada corporation) ( Cloud ), and Ekso Bionics, Inc., a Delaware corporation ( Legacy Ekso ). Following the Holding Company Transaction (as defined and described below), Applied Digital Cloud Corporation changed its name to ChronoScale Corporation. All references to Cloud prior to the Holding Company Transaction are to Applied Digital Cloud Corporation and after the Holding Company Transaction, to ChronoScale Corporation. Through Cloud, we have been providing cloud services to customers at third-party colocation centers located in Colorado, Minnesota and Utah, such as artificial intelligence and machine learning developers, seeking to develop their advanced products (the Cloud Business ). Customers pay a fixed rate in exchange for an energized space supported by Cloud-provided equipment. Through Legacy Ekso, we design, develop, and market exoskeleton and complementary products that augment human strength, endurance, and mobility (the Legacy Ekso Business ). On May 29, 2026, our Board of Directors (the Board ) committed to a plan to divest the Legacy Ekso Business and focus operations solely on our Cloud Business, which plan was publicly announced on June 4, 2026. We expect to complete the divestiture of Legacy Ekso during fiscal year 2027. As such, our Legacy Ekso Business has been designated as held for sale.

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REVENUE TTM
$64.6M
FCF TTM
$6.5M
P/FCF
6.4x
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