Microcap Ledger

Tickers · $SNWV

SANUWAVE Health, Inc. $SNWV

By Microcap Ledger desk · CIK 0001417663

Facts as of . Built from SEC filings and our own data. Small caps move fast; check the latest filings.

Snapshot

Exchange
Nasdaq Global Market
Sector
Surgical & Medical Instruments & Apparatus
Headquarters
Eden Prairie, MN
Fiscal year end
December 31
Shares outstanding
8,602,309 [10-Q 2026-08-06]
as of 2026-08-04

Sources: [10-K 2026-03-26]

What the company doesAI summary of filing

SANUWAVE Health, Inc. is a medical device company that develops and markets the UltraMIST system, an FDA-cleared directed energy product using low-frequency ultrasound to treat acute and chronic wounds including diabetic foot ulcers, venous leg ulcers, and pressure injuries. The company generates revenue through a razor-and-blade model, selling UltraMIST systems to hospitals, physician offices, wound centers, and other healthcare facilities, with recurring revenue from sterile single-use consumable applicators that represent approximately 58% of total revenues. The company is revenue-generating, with 2025 revenues of $44.1 million (35% increase from 2024) and 1,292 active systems in the field as of December 31, 2025. UltraMIST has Category 1 reimbursement from CMS under code 97610 and is backed by a portfolio of over 60 patents. [10-K 2026-03-26]

Segments: UltraMIST Systems, UltraMIST Consumables

Financial health

From XBRL company facts (USD)
PeriodRevenueNet incomeOperating cash flowCashFiling
6 months to Jun 2026$19.36M−$2.12M $822.0K$9.38M[10-Q 2026-08-06]
FY ended Dec 2025$44.05M$11.81M $3.88M$11.96M[10-K 2026-03-26]
FY ended Dec 2024$32.63M−$33.08M $2.46M$10.24M[10-K 2026-03-26]

Capital structure and dilution

Summary only. How these instruments work: Dilution & financing desk.

Share count
DateShares outstandingFiling
2024-11-068,534,151[10-Q 2024-11-07]
2025-03-188,548,473[10-K 2025-03-20]
2025-05-058,555,616[10-Q 2025-05-08]
2025-08-048,568,005[10-Q 2025-08-07]
2025-11-038,576,164[10-Q 2025-11-06]
2026-03-248,594,209[10-K 2026-03-26]
2026-05-088,598,976[10-Q 2026-05-12]
2026-08-048,602,309[10-Q 2026-08-06]
Shelf registration
S-1 filed 2024-12-03; declared effective 2024-12-19 [S-1 2024-12-03]

Listing status

Current status: 1 Form 8-K Item 3.01 filing(s) in the last 24 months, most recent 2026-09-25. Item 3.01 covers delisting notices, failures to meet a listing rule and listing transfers; read the filing for which one.

DateEventDetailsDeadlineFiling
2026-09-258-K Item 3.01Notice of delisting or failure to satisfy a continued listing rule or standard; or transfer of listing—[8-K 2026-09-25]

More on deficiency notices and uplistings: Listing status desk.

Catalysts and calendar

Facts as of . Small caps move fast; check the latest filings.