the imac regeneration center is an integrative medicine clinic serving patients with knee pain, back pain, soft tissue and joint damage, muscular tears, and arthritis. we earn patients based on successful outcomes of previous guests. it is our sincere goal to provide each patient with non-invasive treatments that result in a quality, pain-free life. we have proven that there is an alternative to knee replacements, hip replacements, spinal fusion surgery, and ligament transplants. our proprietary procedures have been trusted by patients ranging from professional athletes to independent seniors.
Company profile
Ticker
BACK
Exchange
Website
CEO
Jeffrey S. Ervin
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
IMAC HOLDINGS LLC
SEC CIK
Corporate docs
Subsidiaries
IMAC of St. Louis, LLC • IMAC Regeneration Management of Nashville, LLC • IMAC Management Services LLC • IMAC Management of Illinois, LLC • IMAC Regeneration Management, LLC • Advantage Hand Therapy and Orthopedic Rehabilitation, LLC • IMAC Management of Florida, LLC • The Back Space, LLC ...
IRS number
473579961
BACK stock data
Latest filings (excl ownership)
8-K
Changes in Registrant's Certifying Accountant
23 Feb 24
25-NSE
Exchange delisting
9 Feb 24
8-K
Changes in Registrant's Certifying Accountant
29 Dec 23
8-K
Entry into a Material Definitive Agreement
27 Dec 23
8-K
Departure of Directors or Certain Officers
30 Nov 23
8-K
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard
24 Nov 23
10-Q
2023 Q3
Quarterly report
21 Nov 23
NT 10-Q
Notice of late quarterly filing
13 Nov 23
Latest ownership filings
4
Cary Sucoff
27 Dec 23
4
Michael D Pruitt
27 Dec 23
4
Maurice E. Evans
27 Dec 23
SC 13G/A
ALPHA CAPITAL ANSTALT
7 Feb 23
SC 13G
LYNCH PETER S
23 Jan 23
4
Michael D Pruitt
20 Oct 22
4
Maurice E. Evans
20 Oct 22
4
Cary Sucoff
20 Oct 22
SC 13G/A
Nantahala Capital Management, LLC
9 Sep 22
4
Sheri Gardzina
25 May 22
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 224.65 k | 224.65 k | 224.65 k | 224.65 k | 224.65 k | 224.65 k |
Cash burn (monthly) | 7.45 k | 217.40 k | 965.87 k | 1.25 mm | 428.96 k | 419.24 k |
Cash used (since last report) | 44.43 k | 1.30 mm | 5.76 mm | 7.45 mm | 2.56 mm | 2.50 mm |
Cash remaining | 180.22 k | -1.07 mm | -5.53 mm | -7.22 mm | -2.33 mm | -2.27 mm |
Runway (months of cash) | 24.2 | -4.9 | -5.7 | -5.8 | -5.4 | -5.4 |
Institutional ownership, Q2 2023
13F holders | Current |
---|---|
Total holders | 22 |
Opened positions | 2 |
Closed positions | 9 |
Increased positions | 1 |
Reduced positions | 6 |
13F shares | Current |
---|---|
Total value | 350.43 mm |
Total shares | 4.88 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Kestra Advisory Services | 1.69 mm | $186.07 mm |
Alpha Capital Anstalt | 1.63 mm | $0.00 |
Advisor | 913.26 k | $100.22 mm |
Geode Capital Management | 198.84 k | $21.87 mm |
Vanguard | 62.63 k | $6.89 mm |
Resources Investment Advisors | 62.13 k | $6.83 mm |
Nantahala Capital Management | 53.92 k | $5.93 mm |
STT State Street | 40.16 k | $4.42 mm |
NTRS Northern Trust | 38.11 k | $4.19 mm |
Thoroughbred Financial Services | 21.00 k | $2.00 k |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
20 Dec 23 | Maurice E. Evans | Common Stock | Option exercise | Acquire M | No | No | 0 | 3,333 | 0.00 | 10,414 |
20 Dec 23 | Pruitt Michael D | Common Stock | Option exercise | Acquire M | No | No | 0 | 3,333 | 0.00 | 8,808 |
20 Dec 23 | Sucoff Cary | Common Stock | Option exercise | Acquire M | No | No | 0 | 3,333 | 0.00 | 10,000 |
15 Oct 22 | Maurice E. Evans | Common Stock | Grant | Acquire A | No | No | 0 | 100,000 | 0.00 | 212,420 |
15 Oct 22 | Pruitt Michael D | Common Stock | Payment of exercise | Dispose F | No | No | 0.311 | 37,000 | 11.51 k | 164,250 |
15 Oct 22 | Pruitt Michael D | Common Stock | Grant | Acquire A | No | No | 0 | 100,000 | 0.00 | 201,250 |