Nuwellis, Inc.

For the period ended Jun 30, 2026. Filed Aug 13, 2026.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2026 · Filed Aug 13, 2026

NUWE$5.24+6.1%Stored close · as of Nov 10, 2026

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Contents

Condensed Consolidated Statements of Operations and Comprehensive Loss

(in thousands, except per share amounts and weighted average shares outstanding)

	Three months ended June 30		Six months ended June 30
	2026	2025	2026	2025
Net sales	$1,969	$1,725	$4,372	$3,629
Cost of goods sold	471	767	1,190	1,604
Gross profit	1,498	958	3,182	2,025
Operating expenses:
Selling, general and administrative	3,725	3,189	8,249	6,766
Research and development	942	675	2,670	1,225
Total operating expenses	4,667	3,864	10,919	7,991
Loss from operations	(3,169)	(2,906)	(7,737)	(5,966)
Other income	7	10	8	17
Financing expense	(6,077)	(10,553)	(6,077)	(10,553)
Change in fair value of warrant liabilities	4,411	900	4,437	940
Loss before income taxes	(4,828)	(12,549)	(9,369)	(15,562)
Income tax expense	-	(4)	-	(5)
Net loss	$(4,828)	$(12,553)	$(9,369)	$(15,567)
Deemed dividend attributable to Series J Convertible Preferred Stock	1	1	3	2
Net loss attributable to common shareholders	$(4,827)	$(12,552)	$(9,366)	$(15,565)
Basic and diluted loss per share	$(26.64)	$(2,134.19)	$(77.88)	$(3,514.87)
Weighted average shares outstanding – basic and diluted	181,243	5,881	120,263	4,428
Other comprehensive loss:
Net Loss	$(4,828)	$(12,553)	$(9,369)	$(15,567)
Foreign currency translation adjustments	-	(5)	-	(7)
Total comprehensive loss	$(4,828)	$(12,558)	$(9,369)	$(15,574)

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.