Nuwellis, Inc. (NUWE) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 5.83M | 5.19M | 7.2M | 8.42M | 6.12M | 8.86M | 5.49M | 4.83M | 5.2M | 8.21M | 9.64M | 13.75M | 16.61M | 22.77M | 16.44M | 19.92M | 23.89M | 28.13M | 32.73M | 28.22M |
| Cash & Short-Term Investments | 2.08M | 1.08M | 3.09M | 4.45M | 2.56M | 5.09M | 1.91M | 1.02M | 1.4M | 3.8M | 4.93M | 8.9M | 12.09M | 18.31M | 12.05M | 15.35M | 19.3M | 24.2M | 28.43M | 23.98M |
| Cash Only | 2.08M | 1.08M | 3.09M | 4.45M | 2.56M | 5.09M | 1.91M | 1.02M | 1.4M | 3.8M | 4.93M | 8.9M | 11.52M | 17.74M | 12.05M | 15.35M | 19.3M | 8.74M | 28.43M | 23.98M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 575K | 569K | 0 | 0 | 0 | 15.46M | 0 | 0 |
| Accounts Receivable | 1.56M | 1.49M | 1.14M | 1.19M | 1.54M | 1.73M | 1.29M | 1.29M | 1.23M | 1.95M | 1.43M | 1.18M | 1.3M | 1.41M | 1.1M | 1.31M | 951K | 750K | 1.07M | 1.18M |
| Days Sales Outstanding | 57.15 | 49.99 | 48.43 | 72.09 | 77.21 | 59.83 | 50.24 | 52.22 | 77.84 | 60.88 | 49.6 | 54.31 | 66.71 | 49.28 | 53.75 | 46.55 | 39.74 | 50.96 | 55.76 | 38.03 |
| Inventory | 1.78M | 1.91M | 2.19M | 2.03M | 1.75M | 1.72M | 1.86M | 1.97M | 2.13M | 2M | 2.34M | 2.73M | 2.74M | 2.66M | 2.92M | 3.01M | 3.29M | 2.84M | 2.81M | 2.66M |
| Days Inventory Outstanding | 230.88 | 244.88 | 251.27 | 224.24 | 186.56 | 201.68 | 247.86 | 258.97 | 282.02 | 171.38 | 226.16 | 268.44 | 320.34 | 254.64 | 338.38 | 249.42 | 335.15 | 347.34 | 342.71 | 256.16 |
| Other Current Assets | 406K | 698K | 776K | 745K | 0 | 0 | 0 | 544K | 440K | 461K | 0 | 943K | 477K | 396K | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Non-Current Assets | 1.34M | 932K | 784K | 784K | 883K | 1.01M | 1.23M | 1.36M | 1.47M | 1.56M | 1.79M | 1.8M | 1.87M | 1.9M | 2M | 2.08M | 2.21M | 2.29M | 1.37M | 1.42M |
| Property, Plant & Equipment | 602K | 661K | 763K | 763K | 862K | 988K | 1.11M | 1.24M | 1.34M | 1.44M | 1.67M | 1.69M | 1.76M | 1.88M | 1.98M | 2.06M | 2.19M | 2.27M | 1.37M | 1.42M |
| Fixed Asset Turnover | 3.81x | 3.40x | 2.91x | 2.12x | 2.06x | 2.21x | 2.01x | 1.70x | 1.33x | 1.64x | 1.44x | 1.20x | 1.00x | 1.21x | 1.02x | 1.04x | 0.86x | 0.90x | 1.33x | 1.77x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 317K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 420K | 271K | 21K | 21K | 21K | 21K | 120K | 120K | 120K | 120K | 120K | 120K | 106K | 21K | 21K | 21K | 21K | 21K | 0 | 0 |
| Total Assets | 7.17M | 6.12M | 7.98M | 9.2M | 7.01M | 9.86M | 6.73M | 6.19M | 6.66M | 9.77M | 11.43M | 15.55M | 18.48M | 24.67M | 18.44M | 22M | 26.11M | 30.42M | 34.09M | 29.64M |
| Asset Turnover | 0.36x | 0.34x | 0.26x | 0.21x | 0.23x | 0.28x | 0.37x | 0.34x | 0.23x | 0.24x | 0.18x | 0.12x | 0.08x | 0.11x | 0.10x | 0.09x | 0.07x | 0.05x | 0.06x | 0.08x |
| Asset Growth % | 2.28% | -37.98% | 18.67% | 48.65% | 5.16% | 0.96% | -41.15% | -60.21% | -63.95% | -60.4% | -37.99% | -29.3% | -29.22% | -18.88% | -45.92% | -25.78% | -22.21% | 51.99% | 43.75% | 125.52% |
| Total Current Liabilities | 3.73M | 3.03M | 3.52M | 3.89M | 2.75M | 2.56M | 2.7M | 4.02M | 4.32M | 3.17M | 2.99M | 3.83M | 4.11M | 4.69M | 3.61M | 3.46M | 3.39M | 3.31M | 3.79M | 3.6M |
| Accounts Payable | 2.43M | 1.98M | 2.67M | 3.01M | 1.73M | 1.64M | 1.82M | 3.03M | 3.33M | 2.38M | 1.71M | 2.31M | 2.52M | 2.25M | 1.56M | 1.55M | 1.8M | 1.41M | 1.85M | 1.79M |
| Days Payables Outstanding | 275.95 | 277.67 | 338.21 | 281.13 | 181.24 | 194.92 | 313.78 | 401.92 | 390.23 | 161.65 | 179.27 | 237.06 | 282.75 | 173.69 | 177.55 | 132.42 | 175.36 | 200.79 | 228.31 | 155.17 |
| Short-Term Debt | 265K | 261K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 184K | 331K | 599K | 635K | 86K | 41K | 50K | 56K | 45K | 576K | 45K | 60K | 1.36M | 2.22M | 73K | 63K | 55K | 36K | 38K | 54K |
| Current Ratio | 1.56x | 1.71x | 2.04x | 2.16x | 2.23x | 3.46x | 2.03x | 1.20x | 1.20x | 2.59x | 3.22x | 3.59x | 4.04x | 4.86x | 4.55x | 5.76x | 7.04x | 8.50x | 8.62x | 7.83x |
| Quick Ratio | 1.09x | 1.08x | 1.42x | 1.64x | 1.59x | 2.79x | 1.34x | 0.71x | 0.71x | 1.96x | 2.44x | 2.88x | 3.38x | 4.29x | 3.74x | 4.89x | 6.07x | 7.65x | 7.88x | 7.10x |
| Cash Conversion Cycle | 12.09 | 17.19 | -38.51 | 15.2 | 82.54 | 66.58 | -15.69 | -90.73 | -30.37 | 70.61 | 96.5 | 85.69 | 104.3 | 130.24 | 214.58 | 163.54 | 199.54 | 197.51 | 170.16 | 139.02 |
| Total Non-Current Liabilities | 562K | 456K | 548K | 14.26M | 675K | 775K | 848K | 9.01M | 1.45M | 3.39M | 601K | 654K | 708K | 7.63M | 810K | 875K | 1M | 1.16M | 319K | 41K |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 0 | 67K | 128K | 189K | 249K | 307K | 368K | 428K | 488K | 544K | 601K | 654K | 708K | 760K | 810K | 875K | 931K | 984K | 33K | 41K |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 562K | 389K | 420K | 14.07M | 426K | 468K | 480K | 8.58M | 964K | 2.84M | 0 | 0 | 0 | 6.87M | 0 | 0 | 71K | 179K | 286K | 0 |
| Total Liabilities | 4.29M | 3.49M | 4.07M | 18.16M | 3.42M | 3.33M | 3.55M | 13.02M | 5.78M | 6.56M | 3.59M | 4.48M | 4.82M | 12.32M | 4.42M | 4.33M | 4.39M | 4.47M | 4.11M | 3.64M |
| Total Debt | 265K | 328K | 383K | 438K | 492K | 545K | 600K | 654K | 709K | 760K | 820K | 874K | 930K | 984K | 1.04M | 1.09M | 1.14M | 1.18M | 168K | 226K |
| Net Debt | -1.82M | -757K | -2.71M | -4.01M | -2.06M | -4.55M | -1.31M | -369K | -691K | -3.04M | -4.11M | -8.02M | -10.59M | -16.75M | -11.02M | -14.26M | -18.16M | -7.57M | -28.26M | -23.75M |
| Debt / Equity | 0.09x | 0.13x | 0.10x | - | 0.14x | 0.08x | 0.19x | - | 0.80x | 0.24x | 0.10x | 0.08x | 0.07x | 0.08x | 0.07x | 0.06x | 0.05x | 0.05x | 0.01x | 0.01x |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Coverage | - | - | - | -0.19x | - | -0.40x | - | -0.38x | - | -0.77x | - | - | - | 0.80x | - | - | -80.29x | -207.24x | -277.37x | -2363.00x |
| Total Equity | 2.87M | 2.62M | 3.91M | -8.96M | 3.58M | 6.53M | 3.18M | -6.83M | 887K | 3.21M | 7.84M | 11.07M | 13.66M | 12.36M | 14.02M | 17.66M | 21.71M | 25.95M | 29.98M | 26M |
| Equity Growth % | -19.99% | -59.82% | 22.93% | -31.04% | 303.83% | 103.36% | -59.45% | -161.71% | -93.51% | -74.01% | -44.07% | -37.31% | -37.07% | -52.38% | -53.25% | -32.05% | -28.46% | 59.01% | 47.49% | 170.74% |
| Book Value per Share | 48.34 | 56.89 | 163.54 | -1522.68 | 28.66 | 67.86 | 82.30 | -583.83 | 172.85 | 1111.41 | 5150.94 | 10213.44 | 14865.56 | 39942.28 | 163520.00 | 206080.00 | 253318.33 | 301709.30 | 517423.57 | 487599.14 |
| Total Shareholders' Equity | 2.87M | 2.62M | 3.91M | -8.96M | 3.58M | 6.53M | 3.18M | -6.83M | 887K | 3.21M | 7.84M | 11.07M | 13.66M | 12.36M | 14.02M | 17.66M | 21.71M | 25.95M | 29.98M | 26M |
| Common Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1K | 1K | 0 | 0 | 0 | 0 | 1K | 1K | 1K | 0 | 1K | 0 |
| Retained Earnings | -320.65M | -316.31M | -313.89M | -314.36M | -301.81M | -298.79M | -297.32M | -299.68M | -291.96M | -287.63M | -282.12M | -278.75M | -273.9M | -267.42M | -265.55M | -261.68M | -257.39M | -252.89M | -248.56M | -243.29M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 8K | 8K | -54K | -54K | -49K | -47K | -46K | -42K | -40K | -31K | -24K | -24K | 37K | 38K | -10K | -12K | -13K | -35K | -10K | -10K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |