Ekso Bionics Holdings Inc
eksobionics.comWhat Do They Do?
Provides GPU computing services for artificial intelligence, machine-learning, rendering, and other high-performance computing workloads to developers and enterprises. Also designs exoskeletons and related products for rehabilitation, personal mobility, and industrial use.
10-K for FY2026, filed Aug 19, 2026
How Do They Make Money?
Cloud customers pay a fixed hourly rate for each graphics processor they use, with charges billed and paid monthly.
10-K for FY2026, filed Aug 19, 2026Our Cloud Business provides graphics processing unit (“GPU”) computing solutions that enable customers to execute critical workloads…View ↗
$71.6M
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10-K for FY2026, filed Aug 19, 2026
$71.6M ↗
Who Are Their Customers?
The Cloud business serves AI and machine-learning developers. Its FY2026 customer, Together AI, contracted for GPU capacity at the company’s colocation centers under a service agreement.
10-K for FY2026, filed Aug 19, 2026We operate our business through two wholly-owned subsidiaries: ChronoScale Corporation, a Nevada corporation (f/k/a Applied Digital Cloud…View ↗
Our Cloud Business provides graphics processing unit (“GPU”) computing solutions that enable customers to execute critical workloads…View ↗
As of May 31, 2026, our Cloud Business served one customer. We have material customer concentration, which is common in the cloud…View ↗
10-K for FY2026, filed Aug 19, 2026
May 31, 2026 May 31, 2025 Customer A 100 % 77 % Customer B — % 23 % 100 % 100 %View ↗
Do Revenues Turn Into Profits?
Not on paper. It lost $50.3M in FY2026, but brought in more cash than it spent: $12.2M of free cash flow.
10-K for FY2026, filed Aug 19, 2026
−$37.5MView ↗
10-K for FY2026, filed Aug 19, 2026
−$50.3MView ↗
10-K for FY2026, filed Aug 19, 2026
$12.2MView ↗
How Are They Changing?
- Net income
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Sources
10-Q for Q1 FY2027, filed Oct 14, 2026
−$42.5MView ↗
- ▲ +278% (Loss)
- vs −$11.2M in Q1 FY2026
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Aug 27, 2026
Extended Microsoft partnership for planned AI compute deployment
The parties extended the partnership term to three years for a planned 50-megawatt AI compute deployment.
Sources
8-K, filed Aug 27, 2026
Menlo Park, CA — August 27, 2026 — ChronoScale Corporation (NASDAQ: CHRN), (“ChronoScale” or the “Company”), an accelerated compute…View ↗
Growing. Revenue grew 5.5x in 4 years, from $12.9M in FY2023 to $71.6M in FY2026, about 53% a year.
Added cloud computing
The older report focuses on exoskeletons for rehabilitation and mobility; the latest adds GPU computing services for AI, machine-learning, rendering, and other high-performance computing workloads, while retaining the exoskeleton business.
10-K for FY2023, filed Mar 4, 2024 10-K for FY2026, filed Aug 19, 2026We design, develop, and market exoskeleton products that augment human strength, endurance and mobility. Our exoskeleton technology serves…View ↗
Who Do They Compete With?
Competes with CoreWeave, Crusoe Energy, Lambda Labs, and Nebius Group
10-K for FY2026, filed Aug 19, 2026The AI cloud market is highly competitive and continues to evolve rapidly. Our primary competitors are cloud service providers, such as…View ↗
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