$NUWE
Nuwellis Inc

2024 Q4 Form 10-Q Financial Statement

#000114036124046166 Filed on November 12, 2024

View on sec.gov

Income Statement

Concept 2024 Q4 2024 Q3
Revenue $2.367M
YoY Change -1.87%
Cost Of Revenue $711.0K
YoY Change -31.04%
Gross Profit $1.656M
YoY Change 19.91%
Gross Profit Margin 69.96%
Selling, General & Admin $2.702M
YoY Change -21.18%
% of Gross Profit 163.16%
Research & Development $486.0K
YoY Change -56.49%
% of Gross Profit 29.35%
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $3.188M
YoY Change -29.86%
Operating Profit -$1.532M
YoY Change -51.58%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net $8.000K
YoY Change -103.92%
Pretax Income $2.358M
YoY Change -170.01%
Income Tax $0.00
% Of Pretax Income 0.0%
Net Earnings $2.358M
YoY Change -169.97%
Net Earnings / Revenue 99.62%
Basic Earnings Per Share $1.74
Diluted Earnings Per Share $1.74
COMMON SHARES
Basic Shares Outstanding 4.374M 1.384M
Diluted Shares Outstanding 1.352M

Balance Sheet

Concept 2024 Q4 2024 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $1.907M
Short-Term Investments
Other Short-Term Assets $430.0K
YoY Change -54.59%
Inventory $1.864M
Prepaid Expenses
Receivables $1.293M
Other Receivables
Total Short-Term Assets $5.494M
YoY Change -43.0%
LONG-TERM ASSETS
Property, Plant & Equipment $551.0K
YoY Change -39.58%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $120.0K
YoY Change 0.0%
Total Long-Term Assets $1.234M
YoY Change -31.22%
TOTAL ASSETS
Total Short-Term Assets $5.494M
Total Long-Term Assets $1.234M
Total Assets $6.728M
YoY Change -41.15%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $2.701M
YoY Change -9.73%
LONG-TERM LIABILITIES
Long-Term Debt
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $2.701M
Total Long-Term Liabilities
Total Liabilities $3.549M
YoY Change -1.22%
SHAREHOLDERS EQUITY
Retained Earnings -$297.3M
YoY Change 5.39%
Common Stock $0.00
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $3.177M
YoY Change
Total Liabilities & Shareholders Equity $6.728M
YoY Change -41.15%

Cashflow Statement

Concept 2024 Q4 2024 Q3
OPERATING ACTIVITIES
Net Income $2.358M
YoY Change -169.97%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities
YoY Change
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities
YoY Change
NET CHANGE
Cash From Operating Activities
Cash From Investing Activities
Cash From Financing Activities
Net Change In Cash
YoY Change
FREE CASH FLOW
Cash From Operating Activities
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Entity Address City Or Town
EntityAddressCityOrTown
Eden Prairie
dei Document Quarterly Report
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dei Document Period End Date
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2024-09-30
dei Document Transition Report
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dei Entity File Number
EntityFileNumber
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dei Entity Registrant Name
EntityRegistrantName
NUWELLIS, INC.
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
68-0533453
dei Entity Address Postal Zip Code
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55344
dei City Area Code
CityAreaCode
952
dei Security12b Title
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Common Stock, par value $0.0001 per share
dei Trading Symbol
TradingSymbol
NUWE
dei Entity Current Reporting Status
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dei Entity Interactive Data Current
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dei Entity Filer Category
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dei Local Phone Number
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345-4200
dei Security Exchange Name
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dei Current Fiscal Year End Date
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us-gaap Amortization Of Financing Costs
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nuwe Proceeds From Exercise Of Warrants
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nuwe Proceeds From Exercise Of Warrants
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nuwe Issuance Of Common Stock And Warrants
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nuwe Issuance Of Common Stock And Warrants
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nuwe Non Cash Impact Of Conversion Of Warrants To Common Stock
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nuwe Reclassification Of Warrants To Equity
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nuwe Reclassification Of Warrants To Equity
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nuwe Issuance Of Preferred Stock For Warrant Exercises
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nuwe Issuance Of Preferred Stock For Warrant Exercises
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nuwe Issuance Of Common Stock For Conversion Of Preferred Stock
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nuwe Issuance Of Common Stock For Conversion Of Preferred Stock
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nuwe Percentage Of Reduce In Monthly Cash Burn Rate
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nuwe Merit Increases To Base Salaries Of Named Executive Officer Or Employee
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nuwe Payment For Cash Bonus
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nuwe Accounts Receivables Maximum Credit Period From Invoice Date
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nuwe Accounts Receivables Maximum Credit Period From Invoice Date
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CY2024Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
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CY2023Q4 us-gaap Inventory Finished Goods
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CY2023Q4 us-gaap Inventory Raw Materials
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us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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CY2024Q3 us-gaap Temporary Equity Dividends Adjustment
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CY2024Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
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CY2023Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
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CY2024Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2024Q3 us-gaap Earnings Per Share Diluted
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CY2024Q3 us-gaap Allocated Share Based Compensation Expense
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CY2023Q3 us-gaap Allocated Share Based Compensation Expense
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135000
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374000
us-gaap Allocated Share Based Compensation Expense
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513000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
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CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
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3890
CY2023Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
3101
nuwe Operating Lease Area For Lease
OperatingLeaseAreaForLease
23000
nuwe Operating Lease Monthly Rent And Common Area Maintenance Charges
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34000
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CY2024Q3 ecd Non Rule10b51 Arr Trmntd Flag
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CY2024Q3 ecd Rule10b51 Arr Adopted Flag
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