Nuwellis, Inc. is classed by the SEC under Electromedical & Electrotherapeutic Apparatus (industry code 3845), based in Eden Prairie, MN. In its latest annual figures on file, for the fiscal year ended 2025-12-31, it reported revenue of $8 million and a loss of $18 million (its filed statements).
Product businessElectromedical & Electrotherapeutic ApparatusEden Prairie, MNfilings since 20108 of 9 filed, 1 estimated
Three tenses, nine metrics. Unseen metrics stay unseen; the grade never fakes a number. Proxy era: provisional values, marked. Weighed as a product business: prior from its industry code (SEC 3845, Electromedical & Electrotherapeutic Apparatus); the filing read can change it. All three tenses have at least two readings, so the archetype blend applies as printed.
The grade, in three tenses
Headline 3.1 out of ten, 8 of 9 metrics filed and 1 estimated: past 3.7 out of ten, present 2.3 out of ten, future 3.5 out of ten. The past asks what it actually did, the present what it is doing right now, the future what it is set up to do next.
The nine metrics
Surviving crises (past): 3.3 out of ten. 12 warning events since 2017; the latest 2025-06-23. 33rd percentile among 27 sector filers. A production reading, recomputed from the filings on every data build (read from EDGAR 2026-10-12).
Track record (past): 4.5 out of ten. +11.1% a year over 9 filed years; profitable in 0 of 9. 45th percentile among 25 sector filers. A production reading, recomputed from the filings on every data build (read from EDGAR 2026-10-12).
Shareholder treatment (past): 2.4 out of ten. CrossAssetData estimate 2.4/10, confidence 35 of 100 (one part). 24th percentile among 27 sector filers. A CrossAssetData estimate, not a filed reading: one part, confidence 35 of 100; a filing that carries the missing parts replaces this estimate with the filed reading.
Financial health (present): 2.8 out of ten. ROE -668%: lost 668¢ per shareholder dollar. Leverage 57%: owes 57¢ per asset dollar. 28th percentile among 27 sector filers. A production reading, recomputed from the filings on every data build (read from EDGAR 2026-10-12).
Industry position (present): 2.4 out of ten. bottom 24% of 24 in its family; net margin -211.8%. 24th percentile among 24 sector filers. A production reading, recomputed from the filings on every data build (read from EDGAR 2026-10-12).
Leadership (present): 1.2 out of ten. bottom 12% of 19 in its family for leadership; chief executive since 2026. 12th percentile among 19 sector filers. A production reading, recomputed from the filings on every data build (read from EDGAR 2026-10-09).
Room to expand (future): 5.0 out of ten. top 50% of 23 in its family for room to expand. 50th percentile among 23 sector filers. A production reading, recomputed from the filings on every data build (read from EDGAR 2026-10-12).
Growth drivers (future): 2.3 out of ten. bottom 23% of 25 in its family for growth drivers. 23rd percentile among 25 sector filers. A production reading, recomputed from the filings on every data build (read from EDGAR 2026-10-12).
Expectations vs reality (future): 2.3 out of ten. bottom 23% of 20 in its family for expectations against reality. 23rd percentile among 20 sector filers. A production reading, recomputed from the filings on every data build (read from EDGAR 2026-10-12).
The filing record
Newest annual report: Form 10-K filed 2026-03-11 for the period ended 2025-12-31 (on EDGAR). Newest quarterly report: Form 10-Q filed 2026-08-13 for the period ended 2026-06-30 (on EDGAR). Newest results release: Form 8-K filed 2026-08-13 (on EDGAR). Newest filing: Form SCHEDULE 13G/A, 2026-09-18. Filings on record since 2010. Read from EDGAR 2026-10-12.
Who runs it
Mccormick, Michael Kendrick (President and CEO); Erb, John L (CEO and President); Schultz, Carisa (Chief Financial Officer); Emerson, Martin J (director); Feldshon, Archelle Georgiou (director); Mcdonald, David (director); Waller, Gregory D (director); Field, Katharyn (director); Grasso, Mika (director). 9 officers and directors have filed their own trades in the last fifteen months, names and titles as filed with the SEC, through 2026-09-30.
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