---
schema_version: "secwatch.filing_event.v1"
accession: "0001564590-23-005823"
form_type: "8-K"
ticker: "FZMD"
cik: "0000319016"
company_name: "Fuse Medical, Inc."
filed_at: "2023-04-18T23:59:59+00:00"
generated_at: "2026-06-17T00:57:24.056521+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Fuse Medical reports FY 2022 net income of $3.1M, swing from prior-year loss; revenue down 9%

## Summary
- Net revenue $18.6M (-9% YoY); gross profit margin improved to 62% from 58%.
- Net income of $3.1M vs net loss of $1.59M in FY 2021, a swing of $4.69M.
- Adjusted EBITDA loss narrowed to ~$1.0M from ~$2.0M (improvement of ~50%).
- SG&A down 7% to $6.5M; commissions expense down 20% to $5.7M.
- CEO Reeg: focus in 2023 on design, development, commercialization, and expanding direct sales force.

## SEC filing metadata
- accession: 0001564590-23-005823
- form_type: 8-K
- ticker: FZMD
- cik: 0000319016
- company_name: Fuse Medical, Inc.
- filed_at: 2023-04-18T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/319016/000156459023005823/0001564590-23-005823-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/319016/000156459023005823/fzmd-8k_20230414.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001564590-23-005823
- JSON: https://secwatch.observer/filing/0001564590-23-005823.json
- Plain text: https://secwatch.observer/filing/0001564590-23-005823.txt

## Key facts
- Earnings Releases
  Fuse Medical, Inc. reported the year ended December 31, 2022 results: revenue $18.6 million, net income $3.1 million.
  - Period: the year ended December 31, 2022
  - Revenue: $18.6 million
  - Net income: $3.1 million
  - Result: reported results
  source text: Net revenues for the year ended December 31, 2022 were $18.6 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/319016/000156459023005823/0001564590-23-005823-index.htm

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