State Ledger
Company profile

Nuwellis, Inc. CIK 1506492

Ticker
NUWE (Nasdaq)
Industry
Electromedical & Electrotherapeutic Apparatus
Headquarters
Eden Prairie, MN 55344
Fiscal year end
2025 (FY)
Market Data
Close
$0.64
Change
-$0.04
Change %
-5.52%
Volume
103

NUWE · trading date Oct 13, 2026 · previous close $0.68 · source: Alpaca (IEX feed, not consolidated full-market data).

Key Financials
Revenue
$8.27M
Net income
-$17.52M
Total assets
$6.12M
Total liabilities
$3.49M
Stockholders' equity
$2.62M
Cash & equivalents
$1.09M
Operating income
-$11.11M
Operating cash flow
-$10.81M
Capital expenditures
$90.0K

Fiscal year 2025, via 10-K filed 2026-03-11. A dash means this figure wasn't reported in the source filing under a field State Ledger recognizes - not that the value is zero.

Financial Performance
Operating margin
-134.3%
Net margin
-211.9%
Free cash flow
-$10.90M
Free cash flow margin
-131.8%
Liabilities / assets
57.0%
Equity / assets
42.9%
CapEx / revenue
1.1%
Operating cash flow / net income
0.62×

Derived from the fiscal year 2025 figures above. These metrics are mathematical calculations and do not represent a rating or assessment of the company.

Financial History
Fiscal yearRevenueNet incomeAssetsLiabilitiesEquity
2025 $8.27M -$17.52M $6.12M $3.49M $2.62M
2024 $8.74M -$11.17M $9.86M $3.33M $6.53M
2023 $8.86M -$20.21M $9.77M $6.56M $2.99M
2022 $8.54M -$14.53M $24.67M $12.32M $12.36M
2021 $7.92M -$19.55M $30.42M $4.47M $25.95M
Company Details
SIC code
3845
State of incorporation
DE
Active filer
Yes
Most recent SEC filing
Form SCHEDULE 13G/A
2026-09-18
Financials filed via
Form 10-K
filed 2026-03-11

"Most recent SEC filing" may differ from the filing used for the financial figures above.

Location
Eden Prairie, MN 55344
12988 VALLEY VIEW ROAD
Data & Methodology

SEC EDGAR submissions API (identity, collected Sep 19, 2026, 15:11 UTC) and SEC XBRL Company Facts API (financials, collected Sep 26, 2026, 15:36 UTC) · figures as originally filed, not restated · a dash always means a value wasn't reported, never a real zero.

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