<DOCUMENT>
<TYPE>EX-21
<SEQUENCE>5
<FILENAME>zynex10ksbex21_3282005.txt
<DESCRIPTION>SUBSIDIARIES
<TEXT>
                                                                      Exhibit 21

                           SUBSIDIARIES OF REGISTRANT



             NAME                              JURISDICTION OF FORMATION
             ----                              -------------------------


       Zynex Medical, Inc.                           Colorado


</TEXT>
</DOCUMENT>
