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Aurora Spine Stock Price, News & Analysis

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Company Description

Aurora Spine Corporation (OTCQB: ASAPF) is a medical device company in the surgical and medical instrument manufacturing industry, focused on spine surgery and interventional pain management. According to its public disclosures, Aurora Spine designs and manufactures minimally invasive spinal implants, interventional spine technologies, and related biologic products. The company is repeatedly described in its news releases as a leader in innovative spinal implant technology and spine and interventional spine technology that improves spinal surgery outcomes.

Aurora Spine states that it is headquartered in Carlsbad, California, and that its mission is to improve spinal surgery outcomes through simplified, integrated, and cost‑effective solutions that advance patient care worldwide. Its shares trade on the TSX Venture Exchange under the symbol ASG and on the OTCQB market under the symbol ASAPF.

Core business focus

Across multiple news releases, Aurora Spine describes itself as an innovative designer and manufacturer of minimally invasive spinal implants and interventional pain management technologies. The company emphasizes proprietary, minimally invasive, and regenerative spinal implant technologies, with a focus on improving surgical outcomes, efficiency, and patient‑centered design.

Aurora Spine’s product ecosystem, as described in its announcements, includes:

  • Spinal implant systems for cervical, lumbar, and sacroiliac fusion procedures, including interspinous, lumbar, and sacroiliac fusion systems.
  • DEXA Technology™, which Aurora describes as the world’s first spinal implant platform intentionally engineered to match a patient’s bone density across the bone mineral density continuum, including normal, osteopenic, and osteoporotic bone.
  • Interventional pain management solutions and minimally invasive devices aimed at patients with mechanical back pain, minor instability, or degenerative joint disease who have not responded to conservative therapies.

Key technology platforms and products

Aurora Spine’s news releases highlight several named platforms and product families that illustrate its business focus:

  • DEXA Technology™ platform: Described as an award‑winning spinal implant platform that matches implant characteristics to a patient’s bone density. Aurora states that each implant is designed with an open, porous structure that promotes osseointegration and vascularization and mimics the lattice architecture of human cancellous bone, with a modulus of elasticity similar to bone.
  • DEXA‑C™: A cervical fusion implant system that Aurora reports has been used in more than 1,500 cervical spine procedures across the United States. The company states that DEXA‑C puts bone quality at the center of implant selection and is part of the broader DEXA Technology™ portfolio.
  • DEXA‑L™: An anterior lumbar interbody fusion (ALIF) device described as a stand‑alone system built on the DEXA Technology™ platform. Aurora states that DEXA‑L is a bone‑mimicking structural implant and the first spinal implant that helps doctors match the implant to a patient’s bone density and quality for ALIF procedures.
  • ZIP™ implant family: An interspinous fusion platform referenced as a foundational technology for the company. Aurora reports that the ZIP implant family is supported by multiple issued U.S. patents, including a patent titled “Spinal Implant for Motion Preservation or Fusion,” which covers a spinal implant architecture designed to support either motion preservation or fusion depending on clinical application.
  • SiLO™ Sacroiliac (SI) Joint Fusion System: A sacroiliac joint fusion platform, including the SiLO‑TFX™ system, which Aurora reports has been used in more than 2,500 procedures in the United States. The company describes SiLO as a minimally invasive solution using a posterior approach to enable secure transfixation across the SI joint.
  • AERO™ Lumbar Fusion System: A minimally invasive lumbar facet fusion system described as a novel, patent‑pending device cleared for use from spinal levels C2 to S1. Aurora states that AERO can be used as a stand‑alone facet fusion procedure or as an adjunct to larger spinal fusion surgeries, and is intended for patients with facet joint‑related pain or instability.
  • Hydra ANATOMIC. ELEVATED. RIGID. OSTEOFIXATION Facet Fusion System: A facet fusion system for facet joint‑related pain or instability that Aurora planned to showcase at the North American Spine Society Annual Meeting.

Biologics and regenerative technologies

In addition to mechanical implants, Aurora Spine has announced the creation of Aurora Biologics, a division dedicated to advancing spinal fusion success through biologic innovation. The company describes this as establishing Aurora Spine as a vertically integrated source for spinal implants and biologics within its spine ecosystem.

According to Aurora’s description, the Aurora Biologics portfolio launches with a suite of allograft solutions formulated from 100 percent allograft bone, free of synthetic carriers, and intended to provide osteoconductive and osteoinductive properties for bone growth. These products are described as moldable, cohesive materials designed to fill bony defects or augment fusion sites and to work synergistically with Aurora’s implant technologies to create a biologically active fusion environment.

Intellectual property and patents

Aurora Spine reports that it continues to build an intellectual property portfolio around its implant and technology platforms. In a patent‑related announcement, the company highlighted:

  • A U.S. patent titled “Spinal Implant for Motion Preservation or Fusion”, representing the tenth issued U.S. patent supporting the ZIP implant family. Aurora states that this patent expands the protected design space around its ZIP platform and covers a spinal implant architecture with multiple interacting structural components that distribute load and engage progressively under physiological forces.
  • A U.S. patent titled “Bone Density Scan Result‑Matched Orthopedic Implants and Methods of Use”, which Aurora indicates protects technology focused on selecting orthopedic implants based on patient bone density scan results, such as DEXA measurements. The company states that this patent underpins its DEXA Technology™ platform and establishes a structured, data‑driven framework to match implant characteristics to patient bone quality.

The company characterizes these patents as strengthening its intellectual property portfolio and supporting future product development and clinical differentiation across multiple spinal implant platforms.

Clinical and market adoption indicators

Several Aurora Spine announcements reference procedural milestones and clinical use that illustrate adoption of its technologies:

  • More than 1,500 cervical spine procedures using the DEXA‑C™ system across the United States.
  • More than 2,500 procedures using the SiLO™ Sacroiliac Joint Fusion System in the United States.
  • Initial surgeries using the AERO™ Lumbar Fusion System by both orthopedic and interventional surgeons for lumbar spine procedures.
  • Initial surgeries using the DEXA‑L™ stand‑alone ALIF system in the United States.

In its communications, Aurora often links these milestones to surgeon feedback, targeted surgeon education programs, and expansion of its U.S. sales network, indicating an emphasis on clinical adoption and training around its minimally invasive spine portfolio.

Industry engagement and conferences

Aurora Spine participates in spine and pain‑focused medical conferences and investor events. For example, the company has announced participation in the North American Spine Society (NASS) Annual Meeting, where it planned to showcase products such as the Hydra facet fusion system and DEXA‑L device. It has also highlighted involvement in the American Society of Pain & Neuroscience (ASPN) Conference, where its ZIP product series was selected for a podium talk in a Top Abstract discussion and where it introduced the AERO Lumbar Fusion System to industry professionals.

On the capital markets side, Aurora has announced participation in investor conferences, such as the Lytham Partners Spring Investor Conference, and scheduled conference calls to discuss quarterly financial results, indicating ongoing communication with the investment community.

Business model characteristics

Based on its public statements, Aurora Spine’s business model centers on the design, manufacture, and commercialization of spinal implants, interventional spine devices, and biologic products for use by spine surgeons, neurosurgeons, orthopedic surgeons, and interventional pain specialists. The company emphasizes minimally invasive approaches, regenerative technologies, and patient‑matched implant design, particularly through its DEXA Technology™ platform.

Aurora’s communications also reference targeted surgeon education programs, clinical studies and peer‑reviewed publications, and expansion of its sales network, which together suggest a focus on clinical validation and commercial rollout of its product lines in the spine care market.

Regulatory and filings context

The provided data does not include U.S. SEC filings for Aurora Spine under the symbol ASAPF. However, the company states in its news releases that it files financial results with SEDAR and that it is listed on the TSX Venture Exchange. Investors researching ASAPF may therefore consider both Canadian regulatory filings and U.S. OTC market information when evaluating the company.

ASAPF stock: what investors should know

ASAPF represents Aurora Spine Corporation’s shares on the OTCQB market. Public information from the company highlights its focus on minimally invasive spinal implants, interventional pain management technologies, and biologics, with named platforms such as ZIP™, DEXA Technology™, SiLO™, AERO™, and Hydra. Aurora’s communications emphasize clinical adoption milestones, intellectual property development, and participation in major spine and pain conferences as key elements of its corporate narrative.

Frequently referenced themes in Aurora Spine’s disclosures

  • Minimally invasive spine surgery and interventional pain solutions.
  • Patient‑matched implants based on bone density and bone quality.
  • Regenerative spinal implant technologies and biologic graft materials.
  • Posterior SI joint fusion approaches and facet fusion systems.
  • Clinical data, surgeon feedback, and education programs.

All of the information above is drawn from Aurora Spine’s own public news releases and descriptions, and is intended to summarize how the company presents its business, technology platforms, and strategic focus to investors, clinicians, and other stakeholders.

Stock Performance

$0.2034
-0.10%
0.00
Last updated: March 27, 2026 at 09:30
-18.56%
Performance 1 year
$15.9M

Aurora Spine (ASAPF) stock last traded at $0.2036, down 0.10% from the previous close. Over the past 12 months, the stock has lost 18.6%. At a market capitalization of $15.9M, ASAPF is classified as a micro-cap stock with approximately 77.2M shares outstanding.

Latest News

Aurora Spine has 10 recent news articles. Of the recent coverage, 6 articles coincided with positive price movement and 4 with negative movement. Key topics include conferences. View all ASAPF news →

SEC Filings

No SEC filings available for ASAPF.

Financial Highlights

Revenue (TTM)
Net Income (TTM)
Operating Cash Flow

Upcoming Events

Short Interest History

Last 12 Months

Short interest in Aurora Spine (ASAPF) currently stands at 101.9 thousand shares, up 184.6% from the previous reporting period, representing 0.2% of the float. Over the past 12 months, short interest has increased by 539.4%. This relatively low short interest suggests limited bearish sentiment.

Days to Cover History

Last 12 Months

Days to cover for Aurora Spine (ASAPF) currently stands at 1.7 days, up 73% from the previous period. This low days-to-cover ratio indicates high liquidity, allowing short sellers to quickly exit positions if needed. The days to cover has increased 73% over the past year, indicating either rising short interest or declining trading volume. The ratio has shown significant volatility over the period, ranging from 1.0 to 2.2 days.

ASAPF Company Profile & Sector Positioning

Aurora Spine (ASAPF) operates in the Medical Devices industry within the broader Healthcare sector and is listed on the OTC Link.

Investors comparing ASAPF often look at related companies in the same sector, including CS Diagnostics (CSDX), Perimeter Medical Imaging Ai Inc (PYNKF), PharmChem, Inc. (PCHM), Guided Thera (GTHP), and Biotricity Inc (BTCY). Comparing financial metrics, valuation ratios, and stock performance across these peers can help investors evaluate ASAPF's relative position within its industry.

Frequently Asked Questions

What is the current stock price of Aurora Spine (ASAPF)?

The current stock price of Aurora Spine (ASAPF) is $0.2036 as of December 28, 2025.

What is the market cap of Aurora Spine (ASAPF)?

The market cap of Aurora Spine (ASAPF) is approximately 15.9M. Learn more about what market capitalization means .

What does Aurora Spine Corporation do?

Aurora Spine Corporation designs and manufactures minimally invasive spinal implants, interventional pain management technologies, and biologic products. Its public disclosures describe a focus on innovative spinal implant technology and spine and interventional spine technology that improves spinal surgery outcomes.

Where is Aurora Spine headquartered?

Aurora Spine states in its news releases that it is headquartered in Carlsbad, California. The company also notes that its shares trade on the TSX Venture Exchange under the symbol ASG and on the OTCQB market under the symbol ASAPF.

What is Aurora Spine’s DEXA Technology platform?

Aurora Spine describes DEXA Technology as a spinal implant platform intentionally engineered to match a patient’s bone density across the bone mineral density continuum. Implants in this platform, such as DEXA-C and DEXA-L, are designed with an open, porous structure that mimics cancellous bone and aims to provide biomechanical compatibility for patients with normal, osteopenic, or osteoporotic bone.

What is the ZIP implant family mentioned by Aurora Spine?

The ZIP implant family is an interspinous fusion platform that Aurora Spine calls a foundational technology for the company. Aurora reports that the ZIP family is supported by multiple issued U.S. patents, including a patent titled “Spinal Implant for Motion Preservation or Fusion,” which covers a spinal implant architecture designed to support either motion preservation or fusion depending on clinical application.

What is the SiLO Sacroiliac Joint Fusion System?

Aurora Spine’s SiLO Sacroiliac (SI) Joint Fusion System, including the SiLO-TFX system, is described as a minimally invasive platform engineered to treat SI joint pain and dysfunction. The company reports that SiLO uses a posterior approach to enable secure transfixation across the SI joint and that it has been used in more than 2,500 procedures across the United States.

What is the AERO Lumbar Fusion System?

The AERO Lumbar Fusion System is a minimally invasive, patent-pending facet fusion device developed by Aurora Spine. According to the company, it is cleared for use from spinal levels C2 to S1 and can be used as a stand-alone facet fusion procedure or as an adjunct to larger spinal fusion surgeries for patients with facet joint-related pain or instability.

What is Aurora Biologics?

Aurora Biologics is a division announced by Aurora Spine that is dedicated to advancing spinal fusion success through biologic innovation. The company states that Aurora Biologics offers allograft solutions formulated from 100 percent allograft bone, free of synthetic carriers, designed to fill bony defects or augment fusion sites and to work synergistically with Aurora’s implant technologies.

How does Aurora Spine describe its mission?

Aurora Spine states that its mission is to improve spinal surgery outcomes through simplified, integrated, and cost-effective solutions that advance patient care worldwide. The company also emphasizes a commitment to innovation, efficiency, and patient-centered design in its descriptions of its spinal implant and interventional spine technologies.

On which exchanges does Aurora Spine trade and under what symbols?

In its news releases, Aurora Spine notes that its shares trade on the TSX Venture Exchange under the symbol ASG and on the OTCQB market in the United States under the symbol ASAPF.

Does Aurora Spine publish clinical or usage milestones for its products?

Yes. Aurora Spine has announced milestones such as more than 1,500 cervical spine procedures using its DEXA-C system and more than 2,500 procedures using its SiLO Sacroiliac Joint Fusion System. It also reports initial surgeries using the AERO Lumbar Fusion System and the DEXA-L stand-alone ALIF device.