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Private company

Conformis Inc

American orthopedic company based in Wilmington, incorporated in Delaware2

In its 2023 annual report the company says: “We are a medical technology company and innovator in the orthopedic industry since our founding in 2004.”54

Last updated Oct 21, 2026.

Overview

  • IndustryOrthopedic, Prosthetic & Surgical Appliances & Supplies2
  • HeadquartersWilmington, United States2
  • Incorporated inDE3
  • Business address600 Technology Drive, Billerica, Ma 018213
  • Filer categoryNon-accelerated filer, Smaller reporting company3
  • Legal formCorporation2
  • LEI529900TDZZOKI5EBQ5132
  • StatusActive2
  • LEI statusLapsed (not renewed)2
  • Registered addressc/o CORPORATION SERVICE COMPANY, 251 LITTLE FALLS DRIVE, 19808 Wilmington, United States2
  • Registered withDivision of Corporations, Department of State, 37824622

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Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2022

37.4%Gross margin4
-74.6%Operating margin4
-81.3%Net margin4
-37.9%Revenue growth, 20224
-93.2%Return on equity4
0.38×Debt to equity4
-$52.1MFree cash flow4

Where the money goes

Where each dollar of revenue went, fiscal 2022

  • Cost of revenue63¢$38.8M
  • Research and development25¢$15.3M
  • Other costs9¢$5.8M
  • Interest3¢$2.0M
  • Income tax0¢$23.0K

Out of $62.0M in revenue.4 The company lost money this year.

Financial statements

Revenue56784$62.0M in 2022−22% since 2016
0$25.0M$50.0M$75.0M$100.0M2016: $79.9M$79.9M20162017: $78.1M$78.1M2017−2%2018: $89.8M$89.8M2018+15%2019: $77.4M$77.4M2019−14%2020: $68.8M$68.8M2020−11%2021: $99.9M$99.9M2021+45%2022: $62.0M$62.0M2022−38%
Gross profit56784$23.2M in 2022−13% since 2016
0$20.0M$40.0M$60.0M$80.0M2016: $26.7M$26.7M20162017: $28.8M$28.8M2017+8%2018: $48.5M$48.5M2018+68%2019: $36.7M$36.7M2019−24%2020: $33.7M$33.7M2020−8%2021: $65.7M$65.7M2021+95%2022: $23.2M$23.2M2022−65%
Operating income56784-$46.3M in 2022−18% since 2016
-$60.0M-$40.0M-$20.0M02016: -$56.1M-$56.1M20162017: -$55.8M-$55.8M2017−1%2018: -$38.7M-$38.7M2018−31%2019: -$25.1M-$25.1M2019−35%2020: -$25.1M-$25.1M2020−0%2021: -$3.0M-$3.0M2021−88%2022: -$46.3M-$46.3M2022+1438%
Net income56784-$50.5M in 2022−12% since 2016
-$60.0M-$40.0M-$20.0M02016: -$57.6M-$57.6M20162017: -$53.6M-$53.6M2017−7%2018: -$43.4M-$43.4M2018−19%2019: -$28.5M-$28.5M2019−34%2020: -$24.3M-$24.3M2020−15%2021: -$2.4M-$2.4M2021−90%2022: -$50.5M-$50.5M2022+1992%
Fiscal year2016201720182019202020212022
Revenue$79.9M5$78.1M5$89.8M6$77.4M7$68.8M8$99.9M4$62.0M4
Cost of revenue$53.2M5$49.3M5$41.3M6$40.7M7$35.0M8$34.2M4$38.8M4
Gross profit$26.7M5$28.8M5$48.5M6$36.7M7$33.7M8$65.7M4$23.2M4
Research and development$16.6M5$17.1M5$16.9M6$12.5M7$11.9M8$14.8M4$15.3M4
Operating expenses$68.7M4$69.5M4
Operating income-$56.1M5-$55.8M5-$38.7M6-$25.1M7-$25.1M8-$3.0M4-$46.3M4
Interest$138.0K5$2.1M5$3.4M6$2.9M7$2.4M8$3.5M4$2.0M4
Income before tax-$2.3M4-$50.5M4
Income tax$63.0K5$162.0K5$61.0K6$45.0K7$42.0K8$91.0K4-$23.0K4
Net income-$57.6M5-$53.6M5-$43.4M6-$28.5M7-$24.3M8-$2.4M4-$50.5M4
Earnings per share-$1.395-$1.245-$0.746-$0.447-$0.348-$0.364-$6.994
Earnings per share (diluted)-$1.395-$1.245-$0.746-$0.447-$0.348-$0.364-$6.994
Shares (weighted, basic)6.7M shares47.2M shares4
Shares (weighted, diluted)6.7M shares47.2M shares4

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Corporate structure

Conformis 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 Conformis Inc

  • Conformis Inc Wilmington, Delaware, 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 Conformis 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

ItemLatestA year beforeChange
Property and equipment, before depreciation$42.2M4 Dec 31, 2022$40.4M4 Dec 31, 2021+4.5%
Accumulated depreciation$34.1M4 Dec 31, 2022$30.1M4 Dec 31, 2021+13.1%
Property and equipment, net$8.2M4 Dec 31, 2022$10.3M4 Dec 31, 2021−20.6%
Operating-lease assets (leased space)$6.1M4 Dec 31, 2022$7.5M4 Dec 31, 2021−19.3%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$48.7M4 Dec 31, 2022$100.6M4 Dec 31, 2021−51.6%

Inventory

ItemLatestA year beforeChange
Inventory, total$18.9M4 Dec 31, 2022$15.2M4 Dec 31, 2021+24.4%
Raw materials$9.7M4 Dec 31, 2022$6.1M4 Dec 31, 2021+58.8%
Work in process$2.1M4 Dec 31, 2022$3.2M4 Dec 31, 2021−33.5%
Finished goods$7.1M4 Dec 31, 2022$5.9M4 Dec 31, 2021+20.1%

Leadership

Who has led Conformis Inc, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Mark A. Augusti2016–2023

President

  1. Mark A. Augusti2016–2023

Chief financial officer

  1. Paul S. Weiner2015–2019
  2. Frederick W. Driscoll2019
  3. Robert S. Howe2020–2023
  4. Christine Desrochers2023
20202025
Board members and other officers (18)

Timeline

  1. Sep 5, 20238-K Ended a material agreement; Completed an acquisition or sale; Listing notice or transfer34
  2. Aug 31, 20238-K Shareholder vote35
  3. Aug 2, 20238-K Results of operations36
  4. Jun 23, 20238-K Entered a material agreement; Other events37
  5. May 19, 20238-K Executive or director change38
  6. May 10, 20238-K Executive or director change; Shareholder vote39
  7. May 8, 20238-K Results of operations; Executive or director change40
  8. Mar 1, 20238-K Results of operations41
  9. Feb 10, 20238-K Results of operations42
  10. Nov 30, 20228-K Other events43
  11. Nov 9, 20228-K Change to shareholders' rights; Bylaws or fiscal year changed; Other events44
  12. Nov 2, 20228-K Results of operations45
  13. Nov 18, 2016New chief executive Mark A. Augusti becomes CEO12

Calendar

When it reported results

  1. Aug 2, 2023Reported quarterly or annual results36
  2. May 8, 2023Reported quarterly or annual results40
  3. Mar 1, 2023Reported quarterly or annual results41
  4. Feb 10, 2023Reported quarterly or annual results42
  5. Nov 2, 2022Reported quarterly or annual results45
  6. Aug 8, 2022Reported quarterly or annual results46
  7. May 4, 2022Reported quarterly or annual results47
  8. Mar 2, 2022Reported quarterly or annual results48

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

114 filings to the SEC since October 2021: 3 annual reports, 6 quarterly reports, 26 major events, 29 insider forms, 10 large holders, 40 other. The latest 20:

  1. Sep 15, 202315-12G EDGAR
  2. Sep 5, 202325-NSE EDGAR
  3. Sep 5, 20234 EDGAR
  4. Sep 5, 20234 EDGAR
  5. Sep 5, 20234 EDGAR
  6. Sep 5, 20234 EDGAR
  7. Sep 5, 20234 EDGAR
  8. Sep 5, 20234 EDGAR
  9. Sep 5, 20234 EDGAR
  10. Sep 5, 20234 EDGAR
  11. Sep 5, 2023S-8 POS EDGAR
  12. Sep 5, 2023S-8 POS EDGAR
  13. Sep 5, 2023S-8 POS EDGAR
  14. Sep 5, 2023S-8 POS EDGAR
  15. Sep 5, 2023S-8 POS EDGAR
  16. Sep 5, 2023S-8 POS EDGAR
  17. Sep 5, 2023S-8 POS EDGAR
  18. Sep 5, 2023S-8 POS EDGAR
  19. Sep 5, 2023S-8 POS EDGAR
  20. Sep 5, 2023S-8 POS EDGAR

The 114 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

5 open-market trades by officers, directors and large owners since October 2021: 0 buys and 5 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
May 7, 2022Augusti Mark AFORMER PRESIDENT & CEOSale22,396$0.46$10.3KForm 4
Feb 17, 2022HOWE ROBERT SCFO & TREASURERSale11,537$0.65$7.5KForm 4
Jan 3, 2022Augusti Mark AFORMER PRESIDENT & CEOSale25,249$0.74$18.7KForm 4
Nov 3, 2021Augusti Mark AFORMER PRESIDENT & CEOSale40,000$1.20$48.0KForm 4
Nov 2, 2021Augusti Mark AFORMER PRESIDENT & CEOSale49,953$1.20$59.9KForm 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.

SEC filer profile

How Conformis Inc is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARConformis Inc1
  • CIK0001305773
  • Filer statusNon-accelerated filer<br>smaller reporting company1
  • Incorporated inDelaware1
  • Fiscal year endsDecember 311
  • Industry code (SIC)3842 Orthopedic, Prosthetic & Surgical Appliances & Supplies1
  • Business address600 Technology Drive, Billerica, MA 018211
  • Phone(781) 345-90011
  • Shares outstanding7,877,493 as of Jul 31, 202310
  • Public float$63.3M as of Jun 30, 20224
  • On EDGAR sinceOct 12, 20041
  • Filings566 in all: 4 (193), 8-K (114), 3 (39), SC 13G/A (31), 10-Q (25), SC 13G (19), S-8 (16), S-8 POS (16)1
    All 38 form types

    DEFA14A (15), 424B5 (9), CORRESP (9), DEF 14A (9), 10-K (8), D/A (8), D (7), UPLOAD (7), 4/A (4), CT ORDER (4), PRE 14A (4), REGDEX (4), S-1/A (4), EFFECT (3), S-3 (2), SEC STAFF LETTER (2), 10-K/A (1), 15-12G (1), 25-NSE (1), 424B4 (1), 8-A12B (1), 8-K/A (1), CERTNAS (1), DEFM14A (1), DRS (1), DRS/A (1), DRSLTR (1), PREM14A (1), S-1 (1), S-3/A (1)

  • Latest filingsAnnual report (10-K) Mar 1, 2023
    Quarterly report (10-Q) Aug 2, 2023
    Proxy statement (DEF 14A) Mar 24, 2023
    Latest 8-K (8-K) Sep 5, 2023

Sources

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