CynergisTek (CTEK)
CynergisTek is a top-ranked cybersecurity firm dedicated to serving the information assurance needs of the healthcare industry. CynergisTek offers specialized services and solutions to help organizations achieve privacy, security, and compliance goals. Since 2004, the company has served as a partner to hundreds of healthcare organizations and is dedicated to supporting and educating the industry by contributing to relevant industry associations. The company has been recognized by KLAS as a top performing firm in healthcare cybersecurity and was awarded the 2019 Top Healthcare Cybersecurity Consultants in Black Book IT Advisory Outcomes Survey.

Company profile
Ticker
CTEK
Exchange
Website
CEO
William Caleb Barlow
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Alibaba Group Holding • Visa • EBay • DiDi Global • Uber • PayPal • Accenture • Nielsen • Fidelity National Information Services • Mastercard ...
Former names
AUXILIO INC, CORPORATE DEVELOPMENT CENTERS INC, E PERCEPTION INC, PEOPLEVIEW INC
SEC CIK
Corporate docs
Subsidiaries
CTEK Solutions, Inc. • CTEK Security, Inc. • Delphiis, Inc. • Backbone Enterprises, Inc. ...
IRS number
880350448
CTEK stock data
News

Recap: CynergisTek Q1 Earnings
16 May 22
CynergisTek, Inc. Common Stock Q1 EPS $(0.07) Beats $(0.11) Estimate, Sales $4.70M Beat $4.33M Estimate
16 May 22
Earnings Scheduled For May 16, 2022
16 May 22
CynergisTek Reports A Global Medical Device Manufacturer, Midwest Investment Firm Expand, Increase Spend With Co.'s IT Audit Group For Total Of $416K
27 Apr 22
Stocks That Hit 52-Week Lows On Monday
18 Apr 22
Press releases
CynergisTek Files First Quarter 2022 Financial Results
16 May 22
CynergisTek Will Host Conference Call on Monday, May 16, 2022, to Discuss First-Quarter 2022 Financial Results
13 May 22
A Global Medical Device Manufacturer and A Midwest Investment Firm Expand and Increase Spend with CynergisTek's IT Audit Group with Two Six-Figure Contracts
27 Apr 22
World-Renowned Children's Hospital Adds New Six-Figure Contract for CynergisTek's Red Team and Remediation Support Services
7 Apr 22
CynergisTek Expands Relationship with Nationally Ranked Pediatric Hospital to Include Six-Figure Contract for Professional Consulting and Advisory Support
31 Mar 22
Investment data
Securities sold
Number of investors
Calendar
16 May 22
17 May 22
31 Dec 22
Financial summary
Quarter (USD) | Mar 22 | Dec 21 | Sep 21 | Jun 21 | |
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Diluted EPS |
Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
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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) | 1.21M | 1.21M | 1.21M | 1.21M | 1.21M | |
Cash burn (monthly) | (no burn) | 381.55K | 95.39K | 725K | 181.25K | |
Cash used (since last report) | n/a | 592.68K | 148.17K | 1.13M | 281.54K | |
Cash remaining | n/a | 615.9K | 1.06M | 82.42K | 927.04K | |
Runway (months of cash) | n/a | 1.6 | 11.1 | 0.1 | 5.1 |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
1 Dec 21 | Robert Mccashin | Common Stock | Buy | Acquire P | No | No | 1.51 | 8,000 | 12.08K | 99,500 |
1 Dec 21 | Mcmillan Michael Henry | Common Stock | Buy | Acquire P | No | No | 1.4415 | 10,000 | 14.42K | 603,333 |
16 Nov 21 | John Lawrence Flood Sr | Common Stock | Buy | Acquire P | No | No | 1.755 | 35,000 | 61.42K | 100,000 |
15 Nov 21 | John Lawrence Flood Sr | Common Stock | Grant | Acquire A | No | No | 0 | 25,000 | 0 | 65,000 |
15 Nov 21 | Robert Mccashin | Common Stock | Grant | Acquire A | No | No | 0 | 35,000 | 0 | 91,500 |
15 Nov 21 | Dana Davis Sellers | Common Stock | Grant | Acquire A | No | No | 0 | 25,000 | 0 | 70,000 |
Institutional ownership, Q4 2021
19.9% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 20 |
Opened positions | 4 |
Closed positions | 3 |
Increased positions | 5 |
Reduced positions | 5 |
13F shares | Current |
---|---|
Total value | 3.8M |
Total shares | 2.64M |
Total puts | 0 |
Total calls | 0 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Horton Capital Management | 791.82K | $1.14M |
King Luther Capital Management | 403.88K | $582K |
Essex Investment Management | 345.73K | $498K |
Vanguard | 213.9K | $308K |
Bridgeway Capital Management | 170K | $245K |
Renaissance Technologies | 162.88K | $235K |
Perritt Capital Management | 136.47K | $197K |
Perkins Capital Management | 105K | $151K |
Connors Investor Services | 104.63K | $151K |
NJ State Employees Deferred Compensation Plan | 86K | $124K |
Content analysis
?Positive | ||
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Readability |
H.S. sophomore Avg
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New words:
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Removed:
active, actively, began, bring, bundle, canceling, categorized, China, clarity, closely, comparable, constantly, Continued, contractually, curb, daily, declared, decline, depend, detected, distancing, employment, evolution, evolving, excluding, facilitating, flow, fluid, force, foreseeable, half, headcount, health, holding, infrastructure, instituted, July, leader, local, monitoring, narrow, national, offset, outbreak, partner, permanent, planning, practice, precise, progression, public, quarantined, reaction, receiving, recession, reflected, salary, sheet, shift, social, sophisticated, staffing, strain, surfaced, targeted, terminated, unconsolidated, variety, vary, Wuhan
Financial reports
Current reports
8-K
CynergisTek Files First Quarter 2022 Financial Results
16 May 22
8-K
CynergisTek Reports Fourth Quarter and Full Year 2021 Financial Results
24 Mar 22
8-K
Entry into a Material Definitive Agreement
1 Dec 21
8-K
CynergisTek Reports Third Quarter 2021 Financial Results
12 Nov 21
8-K
Tim McMullen Joins CynergisTek as Chief Operating Officer
14 Oct 21
8-K
Submission of Matters to a Vote of Security Holders
14 Oct 21
8-K
CynergisTek Reports Improved Second Quarter 2021 Financial Results
16 Aug 21
8-K
CynergisTek Expands Expertise in Capital Markets, Investment Banking and Corporate Governance on its Board of Directors
13 Aug 21
8-K
Shareholder Nominations Pursuant to Exchange Act Rule 14a-11
27 Jul 21
8-K
CynergisTek, Inc Announces the Return of Mac McMillan as CEO and President to Lead Next Phase of Growth
26 Jul 21
Registration and prospectus
424B5
Prospectus supplement for primary offering
12 Nov 20
S-8
Registration of securities for employees
26 Jun 20
D
Indefinite amount in equity / options / securities to be acquired, 1 investor
16 Apr 20
S-3/A
Shelf registration (amended)
21 Nov 17
S-8
Registration of securities for employees
10 Oct 17
S-3
Shelf registration
9 Oct 17
8-A12B
Registration of securities on exchange
8 Feb 17
D
$3.46M in equity, 2 investors
26 Jan 17
D
$500K in equity, sold $500K, 1 investor
20 Apr 15
Proxies
DEFR14A
Revised proxy
1 Oct 21
DEFA14A
Additional proxy soliciting materials
9 Jun 20
DEFA14A
Additional proxy soliciting materials
30 Apr 20
DEFA14A
Additional proxy soliciting materials
18 Apr 19
DEF 14A
Definitive proxy
5 Apr 18
DEFA14A
Additional proxy soliciting materials
26 Apr 17
DEFR14A
Revised proxy
25 Apr 17
Other
UPLOAD
Letter from SEC
5 Oct 21
UPLOAD
Letter from SEC
21 Sep 21
EFFECT
Notice of effectiveness
30 Oct 20
CORRESP
Correspondence with SEC
26 Oct 20
UPLOAD
Letter from SEC
26 Oct 20
EFFECT
Notice of effectiveness
21 Nov 17
CORRESP
Correspondence with SEC
16 Nov 17
UPLOAD
Letter from SEC
16 Oct 17
CERTNYS
Certification of approval for NYSE listing
12 Feb 17
EFFECT
Notice of effectiveness
20 Jun 13
Ownership
4
CYNERGISTEK / Michael Henry Mcmillan ownership change
3 Dec 21
4
CYNERGISTEK / ROBERT MCCASHIN ownership change
1 Dec 21
4
CYNERGISTEK / Theresa Zak Meadows ownership change
19 Nov 21
4
CYNERGISTEK / Michael Ross Loria ownership change
19 Nov 21
4
CYNERGISTEK / Mark D. Roberson ownership change
18 Nov 21
4
CYNERGISTEK / Dana Davis Sellers ownership change
17 Nov 21
4
CYNERGISTEK / ROBERT MCCASHIN ownership change
16 Nov 21
4
CYNERGISTEK / John Lawrence Flood Sr ownership change
16 Nov 21
4
CYNERGISTEK / TIMOTHY P MCMULLEN ownership change
25 Oct 21
3
CYNERGISTEK / TIMOTHY P MCMULLEN ownership change
25 Oct 21
Transcripts
2022 Q1
Earnings call transcript
17 May 22
2021 Q4
Earnings call transcript
25 Mar 22
2021 Q3
Earnings call transcript
12 Nov 21
2021 Q2
Earnings call transcript
17 Aug 21
2021 Q1
Earnings call transcript
14 May 21
2020 Q4
Earnings call transcript
26 Mar 21
2020 Q3
Earnings call transcript
12 Nov 20
2020 Q2
Earnings call transcript
13 Aug 20
2020 Q1
Earnings call transcript
14 May 20
2019 Q4
Earnings call transcript
30 Mar 20
Reddit threads
Daily Discussion Thread - May 12th, 2022
12 May 22
Daily Discussion Thread - May 11th, 2022
11 May 22
Best buy right now
3 Apr 22
Daily Discussion Thread - March 24th, 2022
24 Mar 22
Daily Discussion Thread - March 23rd, 2022
23 Mar 22
Daily Discussion Thread - March 22nd, 2022
22 Mar 22
Daily Discussion Thread - March 21st, 2022
21 Mar 22
$CTEK cybersecurity play
28 Feb 22
$CTEK cheap cybersecurity play
28 Feb 22
Daily Discussion Thread - November 11th, 2021
11 Nov 21