---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-23-052959"
form_type: "8-K"
ticker: "SNWV"
cik: "0001417663"
company_name: "SANUWAVE Health, Inc."
filed_at: "2023-11-13T23:59:59+00:00"
generated_at: "2026-06-08T04:49:19.572067+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# SANUWAVE Q3 revenue up 19% to $5.0M; net loss $23.7M on non-cash derivative charges

## Summary
- Revenue $5.0M (+19% YoY); UltraMist consumables +24% to $3.1M, 62% of revenue.
- Operating loss improved to $0.5M from $2.5M YoY; adjusted EBITDA loss $0.3M vs $2.2M.
- Net loss $23.7M vs $1.1M YoY, driven by non-cash fair value losses on derivative liabilities.
- 55 UltraMist systems sold in Q3 (up from 28 in Q1 and 49 in Q2).
- Gross margin 71% vs 72% YoY, stable despite growth.

## SEC filing metadata
- accession: 0001140361-23-052959
- form_type: 8-K
- ticker: SNWV
- cik: 0001417663
- company_name: SANUWAVE Health, Inc.
- filed_at: 2023-11-13T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1417663/000114036123052959/0001140361-23-052959-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1417663/000114036123052959/ef20014647_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-23-052959
- JSON: https://secwatch.observer/filing/0001140361-23-052959.json
- Plain text: https://secwatch.observer/filing/0001140361-23-052959.txt

## Key facts
- Earnings Releases
  SANUWAVE Health, Inc. reported the third quarter ended September 30, 2023 results: revenue $5.0 million, net income $23.7 million. Guidance reaffirmed.
  - Period: the third quarter ended September 30, 2023
  - Revenue: $5.0 million
  - Net income: $23.7 million
  - Guidance: reaffirmed
  - Result: reported results
  source text: care products, today announced its 3rd quarter 2023 results. For the three months ended September 30, 2023: ■ Revenue for the three months ended September 30, 2023 totaled $5.0 million, an increase of 19%, as compared to $4.2 million for the same period of 2022. This growth falls within the previously provided guidance range of an approximately 15 to 25%
  evidence_url: https://www.sec.gov/Archives/edgar/data/1417663/000114036123052959/0001140361-23-052959-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.