NUWE Q1 2023 Earnings — Nuwellis, Inc. Revenue & Financial Results | Market Cap Arena

NUWENuwellis, Inc.

$1M

Q1 2023 Earnings

Healthcare Medical - Devices

Income Statement

Revenue

$2M-5.2% YoY

Gross Profit

$1M58.4% margin

Operating Income

-$6M-320.4% margin

Net Income

-$6M-355.1% margin

EPS (Diluted)

$-201.58

QoQ Revenue Growth

-21.9%

Cash Flow

Operating Cash Flow

-$6M

Free Cash Flow

-$6M

Stock-Based Comp.

$181,000

Balance Sheet

Total Assets

$18M

Total Liabilities

$5M

Stockholders' Equity

$14M

Cash & Equivalents

$12M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2M	$2M	-5.2%
Gross Profit	$1M	$1M	-3.2%
Operating Income	-$6M	-$4M	-32.5%
Net Income	-$6M	-$4M	-45.0%