NUWE · Nuwellis, Inc. · Financials
Substantial doubt about the company's ability to continue as a going concern.
“These conditions, including continued operating losses, negative cash flows from operations, an accumulated deficit of $325.7 million, and the need for additional capital to fund ongoing operations and growth initiatives (including the integration of Rendiatech Ltd., and Israeli company ("Rendiatech") following the Company's acquisition), raise substantial doubt about the Company's ability to continue as a going concern for at least twelve months from the date these financial statements are issued. ... While management's plans, including recent financing activities, cost discipline initiatives, and contingency measures, are intended to address these conditions, such plans do not alleviate the substantial doubt.”View the 10-Q filed Aug 13, 2026
Income-statement, balance-sheet and cash-flow figures from SEC filings, plus a debt profile anchored in the latest 10-K and updated by each 10-Q and debt exhibit.
Chart any reported metric, KPI or segment over time — the full statement history lives here
| Line Item | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $9.01M | $8.27M | $8.74M | $8.86M | $8.54M | $7.92M | $7.44M | $5.51M | $5M | $3.55M | $1.29M | $59K | $295K | $59K | $0 | — | |
| $2.73M | $3.15M | $3.06M | $3.88M | $3.79M | $3.43M | $3.38M | $2.66M | $3.67M | $2.76M | $713K | — | — | — | — | — | |
| $6.28M | $5.12M | $5.68M | $4.98M | $4.76M | $4.49M | $4.06M | — | — | — | — | — | — | — | — | — | |
| — | 61.96% | 64.94% | 56.22% | 55.66% | 56.7% | 54.52% | — | — | — | — | — | — | — | — | — | |
| $4.16M | $2.71M | $3.21M | $5.42M | $4.34M | $4.98M | $3.67M | $4.67M | $3.05M | $1.48M | $8.11M | $17.67M | $16.87M | $13.5M | $8M | $11.2M | |
| $15M | $13.52M | $13.46M | $17.19M | $17.58M | $19.04M | $17.42M | $16.29M | $15.31M | $10.17M | $8.13M | $8.35M | $9.21M | $9.43M | $6.87M | $5.36M | |
| — | — | — | — | — | — | — | — | $0 | $540K | $278K | $0 | — | — | — | — | |
| $152K | $200K | $310K | $362K | $372K | $488K | $376K | $239K | $232K | $769K | $697K | $325K | $277K | $185K | $138K | $50K | |
| $19.16M | $16.23M | $16.66M | $22.61M | $21.93M | $24.02M | $21.09M | — | $22.03M | $18.37M | $16.95M | $26.02M | $26.08M | $22.93M | $14.87M | $16.56M | |
| — | — | — | — | — | — | $24.47M | $23.62M | $22.03M | — | — | — | — | — | — | — | |
| -$12.88M | -$11.11M | -$10.99M | -$17.63M | -$17.17M | -$19.53M | -$17.03M | -$18.11M | -$17.04M | -$14.81M | -$15.66M | -$25.96M | -$25.79M | -$22.87M | -$14.87M | -$16.56M | |
| — | -134.29% | -125.72% | -198.89% | -200.99% | -246.51% | -228.84% | -328.54% | -340.86% | -416.89% | -1215.05% | -43996.61% | -8741.36% | -38764.41% | — | — | |
| -$12.73M | -$10.91M | -$10.68M | -$17.27M | -$16.8M | -$19.04M | -$16.65M | -$17.87M | -$16.8M | -$14.04M | -$14.97M | -$25.63M | -$25.51M | -$22.69M | -$14.73M | -$16.51M | |
| — | — | — | — | — | — | — | — | — | — | $504K | $743K | — | — | — | — | |
| $12K | — | — | — | — | — | — | — | — | — | — | — | — | — | $33K | $251K | |
| $1000 | $10K | -$80K | $154K | $75K | -$19K | -$1000 | $0 | $10K | $1.44M | $2000 | -$6000 | -$49K | -$100K | $33K | — | |
| -$11.32M | -$17.52M | -$11.16M | -$20.2M | -$14.52M | -$19.55M | -$15.83M | -$18.11M | -$17.03M | -$13.38M | -$15.85M | -$26.71M | -$25.84M | -$22.97M | -$14.84M | -$16.31M | |
| $0 | $5000 | $5000 | $8000 | $9000 | $9000 | $9000 | $8000 | $6000 | $6000 | -$54K | -$124K | -$249K | -$1.21M | -$771K | -$115K | |
| -$11.32M | -$17.52M | -$11.17M | -$20.21M | -$14.53M | -$19.55M | -$15.84M | -$18.11M | -$17.03M | -$13.38M | -$15.79M | — | — | — | — | — | |
| — | -211.86% | -127.75% | -227.99% | -170.02% | -246.86% | -212.82% | -328.69% | -340.78% | -376.64% | -1225.14% | — | — | — | — | — | |
| -$11.32M | -$17.52M | -$10.62M | -$22.63M | -$14.53M | -$19.62M | -$17.59M | -$22.62M | -$17.03M | -$24.97M | -$17.69M | -$26.58M | -$25.59M | -$21.76M | -$14.07M | -$16.2M | |
| -$11.26M | -$17.47M | -$11.18M | -$20.28M | -$14.45M | -$19.58M | -$17.06M | -$18.12M | -$17.04M | -$13.39M | -$15.8M | -$26.61M | -$25.52M | -$21.74M | -$14.01M | -$16.06M | |
| USD/shares | $2,154.80 | -$888.65 | -$12,365.50 | -$529,288.20 | -$4,298,647.50 | -$14,681,772.00 | -$54,897,150.00 | — | — | — | — | — | — | — | — | — |
| USD/shares | $2,154.80 | -$888.65 | -$12,365.50 | -$529,288.20 | -$4,298,647.50 | -$14,681,772.00 | -$54,897,150.00 | — | — | — | — | — | — | — | — | — |
| shares | — | 19.72K | 902.8857 | 38.181 | 3.3789 | 1.3411 | 0.3205 | 0.0157 | 0.0026 | 0.0003 | 0.0002 | 0.0039 | 0.1095 | 0.0824 | 0.046 | 0.0353 |
| shares | — | 19.72K | 902.8857 | 38.181 | 3.3789 | 1.3411 | 0.3205 | 0.0157 | 0.0026 | 0.0003 | 0.0002 | 0.0039 | 0.1095 | 0.0824 | 0.046 | 0.0353 |
Debt Profile
Reported borrowing balances, repayment dates and agreement terms, with links to the underlying filings.
Reported debt balances
Each amount keeps its reported scope. Related balance-sheet measures appear under the borrowing they describe.
| Reported balance | As of | Amount | Source |
|---|---|---|---|
| Current operating lease liabilities | 2026-06-30 | USD 200,000 | 10-Q filed 2026-08-13 |
| Noncurrent operating lease liabilities | 2026-06-30 | USD 0 | 10-Q filed 2026-08-13 |
Covenants
Covenant terms have not yet been verified for this profile.
The balance figures do not establish whether covenants apply or whether the company complies with them.
Loans, facilities and notes
The instrument breakdown is not yet verified. Read the debt note in the linked report for borrowing terms and maturity conditions.
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.
Valuation
Peer medians compare against the 45 similar-size Medical Devices companies (of 150 listed).
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
By Segment (USD)
| Component | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Fluid Overload | $8,270,000 | $8,740,000 | $8,864,000 |