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CHRNChronoScale Holdings CorporatioSell3.5·$19.00+5.73%
SellModerate Confidence
Investment thesis

CHRN is a weak-quality, momentum-failing name with no clear engine edge; the risk case dominates and the position is flagged for exit rather than accumulation.

Thesis pillars

  • Quality Below FloorStable
  • Momentum Gate FailureStable
  • No Clear Engine EdgeStable
  • +1 more pillar — see the Why tab for full reasoning

Full reasoning →

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ChronoScale Holdings Corporatio (CHRN) Stock Analysis

SellVALUE-TRAP 1/5QualityModerate Confidence

Technology · Information Technology Services

Sell if holding. Engine safety override at $19.00: Quality below floor (1.3 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 3.5/10. Specifically: Below-average business quality; Rich valuation; Negative price momentum.

ChronoScale Corporation (formerly Ekso Bionics Holdings) designs, develops, and markets wearable robotic exoskeletons - including the EksoNR and Ekso Indego lines - primarily for medical rehabilitation (spinal cord injury, stroke, traumatic brain injury, multiple sclerosis) and... Read more

$19.00+28.9% A.UpsideScore 3.5/10#48 of 48 Information Technology Services
QualityF-score4 / 9FCF yield-0.48%
Stop $17.67Target $24.50(resistance)A.R:R 0.0:1

Sell if holding. Engine safety override at $19.00: Quality below floor (1.3 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 3.5/10. Specifically: Below-average business quality; Rich valuation; Negative price momentum. Chart setup: No clear chart pattern; technical signals are mixed. Score 3.5/10, moderate confidence.

Passes 5/8 gates (clean insider activity, news events none recent, earnings proximity no date, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum and 8k serious 2.05. Suitability: aggressive.

10-K grounded · weekly refresh

About ChronoScale Holdings Corporatio

About ChronoScale Corporation

Ekso Bionics generated most of its revenue from Enterprise Health sales of the EksoNR and Ekso Indego Therapy rehabilitation exoskeletons to inpatient rehabilitation facilities, while its Personal Health segment sold the Ekso Indego Personal device to individuals, aided by an April 2024 CMS Medicare reimbursement determination of approximately $91,000 per device. As of December 31, 2025, an estimated 309,000 people were living with spinal cord injury in the U.S. The company had signed distribution agreements with National Seating & Mobility, Bionic Prosthetics & Orthotics Group, and Ottobock Patient Care to expand reimbursement volume.

In its Enterprise Health market, Ekso Bionics sold EksoNR and Ekso Indego Therapy devices to rehabilitation facilities - primarily larger integrated delivery networks - either as outright capital sales or through 12-to-36-month subscription arrangements financed by third-party partners, layering on the EksoCare extended-warranty and clinical-support program and multi-year training packages; sales cycles ran eight to twelve months for a facility's first device. The company also sold the Ekso EVO upper-body exoskeleton to industrial customers in aerospace, automotive, and manufacturing to reduce worker fatigue and injury. In Personal Health, Ekso Indego Personal reached individual users with spinal cord injuries through Durable Medical Equipment suppliers who pursued Medicare, Medicaid, VA, or workers'-compensation reimbursement on the patient's behalf, plus self-pay and private-insurance channels; the VA, with 25 SCI centers, represented the largest single network of SCI care Ekso Bionics served. The company intended to shift a significant share of manufacturing to third-party contractors to reduce costs, though it had no long-term manufacturing or supply agreements in place.

Show full overview

The clearest signal in this filing is a structural discontinuity between the business described above and the company's near-term future: on May 5, 2026, Ekso Bionics closed a Contribution and Exchange Agreement with Applied Digital Corporation, becoming ChronoScale Corporation with Applied Digital's Contributor entity holding approximately 97% of combined equity, and on May 29, 2026 the renamed company's board committed to divesting the entire legacy Ekso Bionics exoskeleton business to focus solely on Applied Digital Cloud's data-center operations. In other words, the rehabilitation-robotics business this 10-K describes in detail is the business ChronoScale has since decided to exit - a reader relying on Item 1 alone would be evaluating a company that, within months of the filing, stopped being that company.

See also: Technology · Information Technology Services

From ChronoScale Corporation's most recent 10-K filing, extracted September 6, 2026.

news + 30-day 8-K events · 5-min refresh

Recent developments

updated 2026-09-14

Recent Developments — ChronoScale Holdings Corporatio

Generated 2026-09-14T06:49:15Z.

TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Mon, Jul 27, 2026· next earnings call

Thesis

Rewards
No bull case signals
Risks
Quality below floor (1.3 < 4.0)

Key Metrics

P/E (TTM)
P/E (Fwd)
Mkt Cap$2.8B
EV/EBITDA108.3
Profit Mgn-70.3%
ROE-38.5%
Rev Growth
Beta0.99
DividendNone
Rating analysts8

Quality Signals

Piotroski F4/9

Material Events(8-K, last 90d)

  • 2026-05-05Item 5.01HIGH
    Ekso Bionics Holdings closed its Business Combination with Applied Digital Corporation's cloud subsidiary and renamed itself ChronoScale Corporation; Applied Digital's Contributor entity became the controlling stockholder (approximately 97% of combined equity per the disclosed exchange ratio).
    SEC filing →
  • 2026-06-04Item 2.05MEDIUM
    ChronoScale's board committed on May 29, 2026 to divest its wholly owned Ekso Bionics exoskeleton subsidiary entirely, refocusing the company solely on the cloud business acquired in the Applied Digital merger; expected completion in the first fiscal quarter, with material but not-yet-estimated severance, lease-termination, and transaction charges.
    SEC filing →
  • 2026-05-20Item 5.02LOW
    8-K/A amending a November 5, 2025 disclosure of Phantom PSU awards to Scott G. Davis, Jerome Wong, and Jason Jones that vest on a change-in-control plus stock-price goal, settled in cash; filed to supplement award-agreement details following the merger's closing.
    SEC filing →
  • 2026-06-30Item 5.02LOW
    ChronoScale's Board expanded from seven to eight members and appointed Andrew Cordell Schaap effective June 29, 2026, replacing Douglas Miller (who remains on the Board) on the Audit Committee; Schaap also joined the Related Party Transactions Committee and received a 200,000-share restricted stock award.
    SEC filing →

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.

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About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.

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Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.

Methodology · Editorial policy & full disclaimer

Rating Breakdown

4 floor-breakers

Priced at a premium — multiples above sector norms. Needs delivery on growth + margins to justify.static

Ps
0.0
Expensive valuation
Low model confidence on this dimension (20%).

Unprofitable operations — net margin -70.3%. Quality floor flags this regardless of sector context.static

Roe
0.0
Roa
0.0
Operating Margin
0.0
Net Margin
0.0
Fcf Quality
0.0
Current Ratio
2.0
Moat
4.0
Piotroski F
4.4
Cash-burning: FCF -18% of revenueNo competitive moatQuality concerns

Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static

Value Rank
0.0
Quality Rank
0.2
Growth Rank
5.0

Momentum below the gate floor. Component breakdown shows what dragged the score down.static

Macd
0.3
Volume
0.5
Obv
1.0
Ma Position
4.0
Rsi
8.3
Uptrend pullback (RSI 32) - buy opportunityVolume distribution (falling OBV)Above 200-day MA
GatesMomentum 2.8<4.58K SERIOUS 2.05A.R:R UPSIDE_EXHAUSTED (upside=0.0%)Insider activity: OKNEWS EVENTS NONE RECENTEARNINGS PROXIMITY NO DATESEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARSuitability: Aggressive
RSI
32 · Neutral
20D MA 50D MA 200D MAGOLDEN CROSSSupport $17.30Resistance $25.00

Price Targets

$18
$25
A.R:R0.0:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! Quality below floor (1.3 < 4.0)
! momentum at 2.8 (below the engine's 4.5 threshold)
! 8K_SERIOUS:2.05

Earnings

M
M
M
M
0/4 beats
Next Earnings2026-07-27 (nulld)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is CHRN stock a buy right now?

Sell if holding. Engine safety override at $19.00: Quality below floor (1.3 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 3.5/10. Specifically: Below-average business quality; Rich valuation; Negative price momentum. Chart setup: No clear chart pattern; technical signals are mixed. Prior stop was $17.67. Score 3.5/10, moderate confidence.

What is the CHRN stock price target?

Take-profit target: $24.50 (+28.9% upside). Prior stop was $17.67. Stop-loss: $17.67.

What are the risks of investing in CHRN?

Quality below floor (1.3 < 4.0).

Is CHRN overvalued or undervalued?

ChronoScale Holdings Corporatio trades at a P/E of N/A (forward N/A). TrendMatrix value score: 0.0/10. Verdict: Sell.

What do analysts say about CHRN?

8 analysts cover CHRN with a consensus score of 4.0/5.

What does ChronoScale Holdings Corporatio do?ChronoScale Corporation (formerly Ekso Bionics Holdings) designs, develops, and markets wearable robotic exoskeletons -...

ChronoScale Corporation (formerly Ekso Bionics Holdings) designs, develops, and markets wearable robotic exoskeletons - including the EksoNR and Ekso Indego lines - primarily for medical rehabilitation (spinal cord injury, stroke, traumatic brain injury, multiple sclerosis) and an industrial upper-body exoskeleton (Ekso EVO) for workplace ergonomics. As of the 10-K's filing, the company had entered a Contribution and Exchange Agreement to combine with Applied Digital Corporation's cloud computing subsidiary, after which Applied Digital would own approximately 97% of the combined company; that

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