# Non Invasive Monitoring Systems Inc /FL/

> Clarifo company profile — qualitative business description generated from
> the company's filings. Financial statements, charts and ratios are
> available on Clarifo (https://www.clarifo.com/fi/companies/Non Invasive Monitoring Systems Inc /FL/).

## Overview

Non-Invasive Monitoring Systems Inc. is a U.S.-based shell company organized in Florida. The company previously developed, manufactured, and marketed non-invasive whole body periodic acceleration (WBPA) therapeutic platforms, and it is now focused on corporate maintenance while seeking a merger or acquisition candidate.

## Products & services

• Non-invasive WBPA therapeutic platforms
• Development of motion-based therapeutic devices
• Manufacture of medical therapy systems
• Marketing of therapeutic platform technology

- **WBPA therapeutic platforms** (100%) — Motorized platforms designed to move a subject repetitively head to foot for therapeutic use.

- Non-invasive WBPA therapeutic platforms
- Development of motion-based therapeutic devices
- Manufacture of medical therapy systems
- Marketing of therapeutic platform technology

## Customers

Historically, the company’s customers were users and buyers of non-invasive therapeutic devices, likely including medical and rehabilitation settings that used WBPA platforms. Based on the current filings, the company is no longer operating an active commercial product business and has been searching for a merger or acquisition candidate since 2019.

- **Medical therapy users** (primary) — Facilities or practitioners that would use WBPA platforms for non-invasive therapeutic treatment.
- **Acquisition candidates** (primary) — Private operating businesses that could combine with the public shell through a merger or acquisition.
- **Capital providers** (secondary) — Related parties and investors providing promissory notes or equity financing to support the entity.

- Medical and rehabilitation users of WBPA therapy systems
- Potential institutional buyers of therapeutic platform technology
- Licensing or acquisition counterparties in a reverse merger
- Shareholders and financing counterparties supporting the shell

## Geography

The company is incorporated in Florida and maintains its principal corporate office in Miami. Its historical business was U.S.-based, and the filings provided do not disclose meaningful operating revenue by country or region.

- Incorporated in Florida and headquartered in Miami
- U.S. corporate office is the main operating location
- No disclosed country-level revenue breakdown in the filings
- Historical business was centered in the United States

## Strategy

The company’s current strategic focus is maintaining the corporate shell while seeking a suitable merger or acquisition candidate. Financing has been obtained primarily through private equity sales and related-party promissory notes, which supports ongoing corporate existence while it searches for a transaction.

- **Find a merger or acquisition candidate** (short-term) — The company has no active operations and needs a transaction to create a new operating business.
- **Secure external financing** (short-term) — Corporate maintenance and transaction pursuit require cash, and current resources are limited.

- Pursue a merger or acquisition candidate
- Maintain the public-company shell structure
- Raise capital through equity and promissory notes
- Preserve optionality for a future operating business

## Risks

The company faces going-concern and financing risk because it has no active business operations and depends on external funding to remain current. It also reports material weaknesses in internal controls and a history of delayed SEC filings, which can impair reporting reliability and investor confidence.

- **Going-concern and funding shortfall** [critical] — The company has no active operations and relies on external financing to meet obligations.
- **Internal control weaknesses** [high] — Management disclosed material weaknesses and incomplete documentation of controls.
- **SEC reporting delays** [medium] — Late filings can reduce investor confidence and affect trading liquidity.
- **Dependence on related-party financing** [high] — Operations have been financed through promissory notes and equity sales, creating concentration risk.

- No operating business increases going-concern risk
- Dependence on external financing and related-party notes
- Material weaknesses in internal controls over reporting
- Delayed SEC filings can hurt liquidity and credibility

## Accounting

The most important accounting issues are going-concern assessment, valuation of liabilities and contingencies, and judgmental estimates around income taxes and related-party balances. Because the company is effectively a shell, small changes in financing, accrued liabilities, or control assessments can have an outsized effect on reported results and disclosures.

- **Going concern** — Affects disclosure, classification, and investor interpretation of solvency
- **Related-party promissory notes** — Affects liabilities, financing cash flows, and related-party disclosures
- **Income tax losses and NOLs** — Affects deferred tax assets, valuation allowances, and tax expense
- **Contingencies and legal costs** — Can change accrued liabilities and period expenses

- Going-concern assessment drives financial statement presentation
- Related-party promissory notes affect liabilities and financing flows
- Income tax estimates and NOL utilization remain judgmental
- Contingent losses and legal costs are recognized when probable

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*Last updated: 2026-04-29T04:40:19.985223+00:00*