SANUWAVE Health Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	10.78	11.96	10.24	1.8	1.15	0.62
Cash & Short-Term Investments	10.78	11.96	10.24	1.8	1.15	0.62
Cash Growth	26.80%	16.82%	469.67%	55.85%	86.27%	-74.60%
Accounts Receivable	-	-	-	3.31	4.03	2.42
Inventory	-	-	-	2.95	0.87	1.04
Other Current Assets	1.27	1.31	0.68	1.72	0.57	0.33
Total Current Assets	23.96	24.63	18.4	9.78	6.62	4.4
Net Property, Plant & Equipment	2.9	2.36	0.73	0.94	0.86	1.01
Other Intangible Assets	2.92	3.03	3.73	4.43	5.14	5.84
Goodwill	7.26	7.26	7.26	7.26	7.26	7.26
Other Long-Term Assets	0.06	0.07	-	-	-	0.11
Total Assets	37.1	37.34	30.12	22.42	19.87	18.62
Accounts Payable	3.32	3.25	3.73	5.71	4.4	7.64
Accrued Expenses	8.61	8.41	7.76	12.11	13.35	11.45
Short-Term Debt	-	-	25.31	29.96	38.54	24.94
Current Portion of Long-Term Debt	5.59	5.64	-	-	-	-
Current Portion of Leases	0.3	0.16	0.3	-	-	-
Unearned Revenue	0.49	0.39	0.19	0.09	0.06	0.05
Other Current Liabilities	0.01	0.01	8.14	16.88	3.87	12.18
Total Current Liabilities	18.3	17.85	45.42	64.76	60.22	56.26
Long-Term Debt	14.99	16.32	-	-	-	0.88
Long-Term Leases	1.29	0.85	0.19	0.49	0.44	0.12
Other Long-Term Liabilities	0.68	0.7	0.3	0.35	0.23	0.32
Total Long-Term Liabilities	16.96	17.88	0.49	0.84	0.67	1.31
Total Liabilities	35.26	35.72	45.91	65.59	60.88	57.58
Common Stock	0.01	0.01	0.01	0	0.55	0.48
Additional Paid-in Capital	245.94	244.29	238.69	176.98	152.75	144.58
Accumulated Other Comprehensive Income	0.01	0.01	0.01	-0.11	-0.07	-0.07
Retained Earnings	-244.12	-242.69	-254.5	-220.05	-194.24	-183.95
Shareholders' Equity	1.84	1.62	-15.8	-43.18	-41.01	-38.96
Total Liabilities & Equity	37.1	37.34	30.12	22.42	19.87	18.62
Total Debt	22.16	22.97	25.8	30.45	38.98	25.93
Net Cash (Debt)	-11.39	-11.01	-15.56	-28.66	-37.82	-25.32
Net Cash Per Share	-1.25	-1.21	-3.49	-13.54	-25.81	-18.31
Book Value	1.84	1.62	-15.8	-43.18	-41.01	-38.96
Book Value Per Share	0.20	0.18	-3.54	-20.40	-27.99	-28.18
Tangible Book Value	-8.34	-8.67	-26.79	-54.87	-53.41	-52.06
Tangible Book Value Per Share	-0.91	-0.95	-6.00	-25.92	-36.45	-37.66

Updated May 12, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q