Sign in

ITOC on Nasdaq

iTonic Holdings Ltd

ITonic Holdings Ltd is an electromedical and electrotherapeutic apparatus company.1 Its shares trade on Nasdaq under the symbol ITOC.1

Price unavailable

Last updated Oct 21, 2026.

Overview

$523.0KRevenue, fiscal 20252
-$5.1MNet income, fiscal 20252

Compare with POSITRON CORP, GUIDED THERAPEUTICS INC or Nexalin Technology, Inc., or pick any stock.

  • TickerITOC on Nasdaq1
  • IndustryElectromedical & Electrotherapeutic Apparatus1
  • Business addressRoom 306, Net Building, Hongjunying South Rd, Chaoyang District, Beijing3
  • Filer categoryNon-accelerated filer, Emerging growth company3

See how the biggest companies compare on our leaderboards

On November 2, 2022, we incorporated Pheton, our holding company, as an exempted company with limited liability under the laws of the Cayman Islands.4 From its latest annual report

Financials

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

Key numbers, fiscal 2025

62.6%Gross margin2
-991.7%Operating margin2
-974.7%Net margin2
16.7%Revenue growth, 20252
-83.3%Return on equity2
-$3.2MFree cash flow2

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Sales Of FTTPSMember brought in 65% of the revenue iTonic Holdings Ltd broke down this way in fiscal 2025.

  1. Sales Of FTTPSMember$362.9K265%down 2% from 2024
  2. Sales Of Medical Auxiliary Supplies$160.2K229%up 104% from 2024
  3. Contract Liabilities$31.6K26%up 10% from 2024
Products and services by year
Products and services202320242025
Sales Of FTTPSMember$609.3K$369.6K$362.9K
Sales Of Medical Auxiliary Supplies$19.2K$78.6K$160.2K
Contract Liabilities$132.7K$28.7K$31.6K

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue30¢$195.7K
  • Research and development70¢$459.1K

Out of $523.0K in revenue.2 The company lost money this year.

Financial statements

Revenue52$523.0K in 2025−23% since 2022
0$200.0K$400.0K$600.0K$800.0K2022: $679.8K$679.8K20222023: $628.6K$628.6K2023−8%2024: $448.2K$448.2K2024−29%2025: $523.0K$523.0K2025+17%
Gross profit52$327.4K in 2025−41% since 2022
0$200.0K$400.0K$600.0K2022: $558.1K$558.1K20222023: $470.8K$470.8K2023−16%2024: $381.2K$381.2K2024−19%2025: $327.4K$327.4K2025−14%
Operating income52-$5.2M in 2025
-$6.0M-$4.0M-$2.0M0$2.0M2022: $27.5K$27.5K20222023: -$306.7K-$306.7K20232024: -$770.3K-$770.3K2024+151%2025: -$5.2M-$5.2M2025+573%
Net income52-$5.1M in 2025
-$6.0M-$4.0M-$2.0M0$2.0M2022: $84.0K$84.0K20222023: -$241.2K-$241.2K20232024: -$660.6K-$660.6K2024+174%2025: -$5.1M-$5.1M2025+672%

Every line of the income statement as filed: the last 3 fiscal years, latest first.2

Period ending2025-12-312024-12-312023-12-31
Revenues$523.0K$448.2K$628.6K
Cost of revenues-$195.7K-$67.0K-$157.8K
Gross profit$327.4K$381.2K$470.8K
Selling and marketing-$181.9K-$307.5K-$268.1K
General and administrative-$4.9M-$750.6K-$424.9K
Research and development-$459.1K-$93.3K-$84.5K
Total operating expenses-$5.5M-$1.2M-$777.5K
Loss from operations-$5.2M-$770.3K-$306.7K
Government subsidy$22.3K$108.3K$48.2K
Other (expense) income, net$66.3K$23.2K-$2.0K
Total other income, net$88.6K$131.5K$46.2K
Loss) before income taxes-$5.1M-$638.8K-$260.5K
Income tax benefit (expense)-$21.8K$19.3K
Net loss-$5.1M-$660.6K-$241.2K
Loss attributable to non-controlling interests-$483
Net loss attributable to owners of the parent-$5.1M-$660.6K-$241.2K
Foreign currency translation adjustments, net of nil tax$12-$5.1K-$10.0K
Total comprehensive loss-$5.1M-$665.7K-$251.2K
Weighted average number of ordinary shares used in per share calculation: (in Shares)16.0M shares12.7M shares12.0M shares
Weighted average number of ordinary shares used in per share calculation: diluted (in Shares)16.0M shares12.7M shares12.0M shares
Net income (loss) per ordinary share Basic (in Dollars per share)-$0.32-$0.05-$0.02
Net income (loss) per ordinary share Diluted (in Dollars per share)-$0.32-$0.05-$0.02

Compare iTonic Holdings Ltd with another company

Corporate structure

iTonic Holdings Ltd sits at the top of its group. 1 entity on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of iTonic Holdings Ltd

  • Acceleration (BVI) LTD Filed SCHEDULE 13G/A on iTonic Holdings Ltd, latest Jul 30, 2025 (2 filings since May 5, 2025)
  • Banyan (BVI) LTD Filed SCHEDULE 13G/A on iTonic Holdings Ltd, latest Jul 30, 2025 (2 filings since May 5, 2025)
  • Cheng Hoe Tan Filed SCHEDULE 13G/A on iTonic Holdings Ltd, latest Jul 30, 2025 (2 filings since May 5, 2025)
  • DYL (BVI) LTD Filed SCHEDULE 13G/A on iTonic Holdings Ltd, latest Jul 30, 2025 (2 filings since May 5, 2025)
  • Mighty (BVI) LTD Filed SCHEDULE 13G/A on iTonic Holdings Ltd, latest Jul 30, 2025 (2 filings since May 5, 2025)
  • Theia Investment Holding (BVI) LTD Filed SCHEDULE 13G/A on iTonic Holdings Ltd, latest Jul 30, 2025 (2 filings since May 5, 2025)
  • Thiam Way Ho Filed SCHEDULE 13G on iTonic Holdings Ltd, latest Jun 16, 2025
  • Priharyanto Asep Filed SCHEDULE 13G on iTonic Holdings Ltd, latest Jun 13, 2025
  • ZJW (BVI) LTD Filed SCHEDULE 13G on iTonic Holdings Ltd, latest May 5, 2025
  • iTonic Holdings Ltd

Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What iTonic Holdings Ltd 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, net$37.8K2 Dec 31, 2025$45.6K2 Dec 31, 2024−17.1%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$1.5M2 Dec 31, 2025$6.2M2 Dec 31, 2024−75.8%
Marketable securities, current$1.4M2 Dec 31, 2025

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$2.0M2 Dec 31, 2025
Intangible assets, net (excluding goodwill)$2.4M2 Dec 31, 2025
Customer relationships, net$2.4M2 Dec 31, 2025

Inventory

ItemLatestA year beforeChange
Inventory, total$52.5K2 Dec 31, 2025$117.4K2 Dec 31, 2024−55.3%

Leadership

Who has led iTonic Holdings Ltd, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Jianfei Zhang2026–now

Chief financial officer

  1. Zhixin Li2026–now
Board members and other officers (2)

Former names

  • Pheton Holdings LtdJun 2, 2023 to Jan 13, 20263

Timeline

  1. Apr 7, 2026New chief executive Jianfei Zhang becomes CEO6

Filings

84 filings to the SEC since October 2021: 3 annual reports, 3 insider forms, 15 large holders, 63 other. The latest 20:

  1. Oct 2, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
  2. Sep 30, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
  3. Sep 10, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
  4. Aug 27, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
  5. Aug 26, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
  6. Jun 23, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
  7. May 13, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
  8. Apr 23, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
  9. Apr 7, 20263 PRIMARY DOCUMENT EDGAR
  10. Apr 2, 202620-F/A AMENDMENT NO. 1 TO FORM 20-F EDGAR
  11. Mar 30, 202620-F ANNUAL REPORT EDGAR
  12. Mar 24, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
  13. Mar 16, 20263 PRIMARY DOCUMENT EDGAR
  14. Mar 16, 20263 PRIMARY DOCUMENT EDGAR
  15. Feb 23, 2026EFFECT EDGAR
  16. Feb 20, 2026CORRESP EDGAR
  17. Feb 20, 2026CORRESP EDGAR
  18. Feb 20, 2026CORRESP EDGAR
  19. Feb 17, 2026UPLOAD EDGAR
  20. Feb 6, 2026F-3 REGISTRATION STATEMENT EDGAR

The 84 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.

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 iTonic Holdings Ltd is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARiTonic Holdings Ltd1
  • CIK0001970544
  • Filer statusNon-accelerated filer an emerging growth company; not a shell company4
  • Incorporated inCayman Islands4
  • Industry code (SIC)3845 Electromedical & Electrotherapeutic Apparatus1
  • SEC reviewing officeOffice of Industrial Applications and Services, Division of Corporation Finance1
  • Business addressRoom 306, Net Building, Hongjunying South Rd, Chaoyang District, Beijing, China1
  • Phone010-848176651
  • Shares outstanding9,382,000 Common Class A shares; 7,668,000 Common Class B shares as of Dec 31, 20254
  • AuditorFortune CPA, Inc, Garden Grove, CA PCAOB ID 6901; no auditor attestation of internal control over financial reporting4
  • On EDGAR sinceJun 2, 20231
  • Filings84 in all: 6-K (25), CORRESP (9), SCHEDULE 13G (9), SCHEDULE 13G/A (6), UPLOAD (6), F-1/A (5), 3 (3), EFFECT (3)1
    All 23 form types

    20-F (2), DRS/A (2), POS AM (2), 20-F/A (1), 424B4 (1), 8-A12B (1), CERT (1), DRS (1), DRSLTR (1), F-1 (1), F-3 (1), FWP (1), POS EX (1), S-8 (1), SP 15D2 (1)

  • Latest filingsAnnual report (20-F) Mar 30, 2026

Securities registered for trading

ClassSymbolExchange
Class A Ordinary SharesITOCNasdaq

From the cover page of the 20-F filed Mar 30, 2026 (Section 12(b) of the Exchange Act).4

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
  2. 2
  3. 3
  4. 4
  5. 5
  6. 6
  7. 7
  8. 8
  9. 9
  10. 10
  11. 11
  12. 12
  13. 13
  14. 14
  15. 15
  16. 16
  17. 17