secwatch.observer — SEC 8-K summary
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Issuer:     Nuwellis, Inc. (NUWE)
CIK:        0001506492
Form:       8-K
Filed at:   2026-03-10T23:59:59+00:00
Accession:  0001140361-26-008781
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nuwellis Q4 revenue +4% to $2.4M; full year -5%; acquires Rendiatech
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- Q4 2025 revenue $2.4M (+4% YoY, +9% sequential); gross margin 68.2% vs 58.4% prior year.
- Full year 2025 revenue $8.3M (-5% YoY); net loss $17.5M includes $6.4M non-cash warrant expense.
- U.S. console sales up 208% YoY in Q4 (8 vs 3 units); Heart Failure +48%, Pediatrics +16%.
- Closed $5.0M private placement and warrant inducement in Jan 2026; appointed Carisa Schultz CFO Feb 2, 2026.
- Executed definitive stock purchase agreement to acquire Rendiatech; no financial terms disclosed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1506492/000114036126008781/0001140361-26-008781-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1506492/000114036126008781/ef20067396_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-26-008781

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer