Nuwellis, Inc. Income Statement
NUWE|14 years of annual SEC 10-K data (FY2012-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 14 fiscal years. All figures from audited SEC 10-K filings.
Nuwellis, Inc. reported $9M in revenue and $11M in net loss for FY2025. Revenue has grown at a 51.7% compound annual rate over the past 12 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score -10.59 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $8.7M | $8.9M | $8.5M | $7.9M | $7.4M | $5.5M | $5.0M | $3.6M | $1.3M | $59.0K | $59.0K | $59.0K | $59.0K | $0 |
| Cost of Revenue | $3.1M | $3.9M | $3.8M | $3.4M | $3.4M | $2.7M | $3.7M | $2.8M | $713.0K | $713.0K | - | - | - | - |
| Gross Profit | $5.7M | $5.0M | $4.8M | $4.5M | $4.1M | - | - | - | - | - | - | - | - | - |
| SG&A Expense | $13.5M | $17.2M | $17.6M | $19.0M | $17.4M | $16.3M | $15.3M | $10.2M | $8.1M | $8.3M | $9.4M | $9.4M | $6.9M | $5.4M |
| R&D Expense | $3.2M | $5.4M | $4.3M | $5.0M | $3.7M | $4.7M | $3.1M | $1.5M | $8.1M | $17.7M | $13.5M | $13.5M | $8.0M | $11.2M |
| Operating Income | -$11.0M | -$17.6M | -$17.2M | -$19.5M | -$17.0M | -$18.1M | -$17.0M | -$14.8M | -$15.7M | -$26.0M | -$22.9M | -$22.9M | -$14.9M | -$16.6M |
| Interest Expense | - | - | - | - | - | - | - | - | - | $743.0K | $743.0K | - | - | - |
| Income Tax | $5.0K | $8.0K | $9.0K | $9.0K | $9.0K | $8.0K | $6.0K | $6.0K | -$54.0K | -$124.0K | -$1.2M | -$1.2M | -$771.0K | -$115.0K |
| Net Income | -$11.2M | -$20.2M | -$14.5M | -$19.6M | -$15.8M | -$18.1M | -$17.0M | -$13.4M | -$15.8M | - | - | - | - | - |
| EPS (Basic) | -$353.30 | -$360.06 | -$83.55 | -$285.36 | -$10.67 | - | - | - | - | - | - | - | - | - |
| EPS (Diluted) | -$353.30 | -$360.06 | -$83.55 | -$285.36 | -$10.67 | -$278.90 | -$42.14 | -$525.01 | -$536.12 | -$44.01 | -$1.71 | -$1.71 | -$1.98 | -$2.98 |
| Shares Outstanding | 104.1K | 161.9K | 536.4K | 105.4K | 2.7M | 155.8K | 513.4K | 271.4K | 38.9K | 611.5K | 17.0M | 16.8M | 9.3M | 6.0M |
| Gross Margin | 64.9% | 56.2% | 55.7% | 56.7% | 54.5% | - | - | - | - | - | - | - | - | - |
| Operating Margin | -125.7% | -198.9% | -201.0% | -246.5% | -228.8% | -328.5% | -340.9% | -416.9% | -1215.0% | -43996.6% | -38764.4% | -38764.4% | -25201.7% | - |
| Profit Margin | -127.8% | -228.0% | -170.0% | -246.9% | -212.8% | -328.7% | -340.8% | -376.6% | -1225.1% | - | - | - | - | - |