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SANUWAVE Health, Inc.

corporate_fare Company Profile

SANUWAVE Health, Inc.

SNWV·NASDAQ·Industrial Applications And Services·CIK 0001417663

Sanuwave is a medical device company that provides directed energy products for wound care. The company focuses on regenerative medicine, using noninvasive ultrasound to promote tissue, musculoskeletal, and vascular repair and regeneration. Sanuwave's primary product is the UltraMIST® system, which is patented and FDA cleared. This system treats various acute and chronic wounds. The company holds an intellectual property portfolio of over 60 patents. In the year ended December 31, 2025, Sanuwave reported total revenues of $44.1 million, a 35% increase from $32.6 million in the year ended December 31, 2024. UltraMIST systems and consumables accounted for approximately 99% of 2025 revenues, compared to 98% of revenues in 2024. The UltraMIST system is the only commercial product currently marketed by the company. It delivers low-frequency, non-thermal ultrasound to target tissues using a fluid mist, transmitting energy in a non-contact manner. This energy penetrates wound beds to promote healing, reduce inflammation, kill bacteria and biofilms, and increase blood vessel growth in and around the wound. The FDA has cleared UltraMIST for wound healing and debridement for various acute and chronic wounds, including diabetic foot ulcers, venous leg ulcers, split thickness wounds/skin grafts, deep tissue pressure injuries, and surgical wounds. The UltraMIST system is cleared for marketing in the U.S. by the FDA (K140782) and has Centers for Medicare and Medicaid Services (CMS) category one reimbursement under code 97610. A healthcare professional must administer the UltraMIST system treatment.

SANUWAVE Health, Inc. (NASDAQ:SNWV) is a publicly traded company in the Industrial Applications And Services sector. Wiseek has independently scored 17 items for SNWV at importance 7 or higher on its 1–10 market-impact scale. Its most recent item scored 7 or higher is dated 2026-09-25, rated 9/10. Across its 17 most recent items scored 7 or higher, the top rating is 9/10, with 12 rated 8 or above. Recent SEC coverage for SNWV spans 8-K, 10-Q, DEF 14A, 10-K.

Recent high-impact activity:

  • Nasdaq Delisting Notice Hits SANUWAVE as Market Value Falls Below $50M
  • SANUWAVE Pulls FY2026 Guidance as CMS Reimbursement Uncertainty and Secondary-Market Pressure Mount
  • Sanuwave Misses Q2 Revenue, Swings to Loss, and Withdraws FY2026 Guidance
  • Q2 Operating Loss & Control Weaknesses Overshadow YTD Cash Flow
  • Preliminary Q2 revenue tops raised guidance at SANUWAVE Health, powered by record consumable sales

Financial Snapshot

Fiscal year ended December 31, 2025
Revenue
$44.05M
Net Income
$11.81M
Diluted EPS
$0.41
Op. Cash Flow
$3.88M
Free Cash Flow
$1.93M
Gross Profit
$33.97M
Operating Income
$4.95M
Cash & Equivalents
$11.96M
Total Debt
$21.89M
Debt / Equity
13.52×
Net Margin
26.8%
Shares Outstanding
8.59M sh
Source: 10-K · filed 2026-03-26 · accession 0001628280-26-021443

Short Interest & Short Volume

5.04 days to cover

FINRA reported short interest of 240,323 shares in SNWV as of the September 15, 2026 settlement, a 17.5% decrease from the prior period — about 5.0 days to cover at its recent average daily volume. On October 2, 2026, 53.6% of SNWV volume reported to FINRA trade-reporting facilities was marked short.

Short interest (bi-monthly positions)240,323 shares as of September 15, 2026
Change vs prior period▼ 17.5%
Days to cover5.04 at avg daily volume of 47,730
Daily short volume (FINRA facilities)53.6% of 3,389 shares on October 2, 2026
5-day average short volume45.1%

Daily short sale volume covers trades reported to FINRA trade-reporting facilities and is not the same as short interest (bi-monthly reported positions). Source: FINRA — FINRA is the owner and source of this short interest and short sale volume data; it may not be redistributed.

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$4.82
52-week range · as of 2026-09-25 $3.92 – $40.87
Market cap
$41.46M
Volume
20.5K (0.4× avg)
3-mo avg 53.4K
Live data · 2026-10-05 02:50 UTC · Market closed

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feed SNWV - Latest Insights

SNWV
Sep 25, 2026, 4:38 PM EDT
Filing Type: 8-K
Importance Score:
9
Price at Filing: $5.04
Real-time Price: $4.82 info
Change: -$0.220 (-4%) info
Market Cap: $41.463M info
SNWV
Aug 06, 2026, 5:07 PM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $6.01
Real-time Price: $4.82 info
Change: -$1.19 (-20%) info
Market Cap: $41.463M info
SNWV
Aug 06, 2026, 5:00 PM EDT
Source: GlobeNewswire
Importance Score:
8
Price at Filing: $6.00
Real-time Price: $4.82 info
Change: -$1.18 (-20%) info
Market Cap: $41.463M info
SNWV
Aug 06, 2026, 4:37 PM EDT
Filing Type: 10-Q
Importance Score:
7
Price at Filing: $6.00
Real-time Price: $4.82 info
Change: -$1.18 (-20%) info
Market Cap: $41.463M info
SNWV
Jul 13, 2026, 4:38 PM EDT
Filing Type: 8-K
Importance Score:
7
Price at Filing: $12.00
Real-time Price: $4.82 info
Change: -$7.18 (-60%) info
Market Cap: $41.463M info
SNWV
Jul 13, 2026, 4:30 PM EDT
Source: Dow Jones Newswires
Importance Score:
8
Price at Filing: $11.26
Real-time Price: $4.82 info
Change: -$6.44 (-57%) info
Market Cap: $41.463M info
SNWV
Jun 16, 2026, 8:07 AM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $11.99
Real-time Price: $4.82 info
Change: -$7.17 (-60%) info
Market Cap: $41.463M info
SNWV
Jun 16, 2026, 8:01 AM EDT
Source: Dow Jones Newswires
Importance Score:
8
Price at Filing: $13.51
Real-time Price: $4.82 info
Change: -$8.69 (-64%) info
Market Cap: $41.463M info
SNWV
May 12, 2026, 4:41 PM EDT
Source: Wiseek News
Importance Score:
8
Price at Filing: $16.04
Real-time Price: $4.82 info
Change: -$11.22 (-70%) info
Market Cap: $41.463M info
SNWV
May 12, 2026, 4:33 PM EDT
Filing Type: 8-K
Importance Score:
7
Price at Filing: $16.04
Real-time Price: $4.82 info
Change: -$11.22 (-70%) info
Market Cap: $41.463M info
SNWV
May 12, 2026, 4:32 PM EDT
Filing Type: 10-Q
Importance Score:
7
Price at Filing: $16.04
Real-time Price: $4.82 info
Change: -$11.22 (-70%) info
Market Cap: $41.463M info
SNWV
Apr 29, 2026, 4:05 PM EDT
Filing Type: DEF 14A
Importance Score:
7
Price at Filing: $16.61
Real-time Price: $4.82 info
Change: -$11.79 (-71%) info
Market Cap: $41.463M info
SNWV
Apr 16, 2026, 5:00 PM EDT
Source: Dow Jones Newswires
Importance Score:
8
Price at Filing: $18.02
Real-time Price: $4.82 info
Change: -$13.20 (-73%) info
Market Cap: $41.463M info
SNWV
Mar 26, 2026, 5:04 PM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $18.70
Real-time Price: $4.82 info
Change: -$13.88 (-74%) info
Market Cap: $41.463M info
SNWV
Mar 26, 2026, 5:02 PM EDT
Source: Dow Jones Newswires
Importance Score:
8
Price at Filing: $18.85
Real-time Price: $4.82 info
Change: -$14.03 (-74%) info
Market Cap: $41.463M info
SNWV
Mar 26, 2026, 4:31 PM EDT
Filing Type: 10-K
Importance Score:
9
Price at Filing: $18.50
Real-time Price: $4.82 info
Change: -$13.68 (-74%) info
Market Cap: $41.463M info
SNWV
Mar 13, 2026, 4:33 PM EDT
Filing Type: 8-K
Importance Score:
9
Price at Filing: $20.69
Real-time Price: $4.82 info
Change: -$15.87 (-77%) info
Market Cap: $41.463M info
Research tools: Filing Impact Index Dilution Tracker Split Calendar Open Datasets