Sanuwave Health Inc (SNWV)

[megazoo]

Sorry, 5.6 million

For the Years Ended December 31,

Change

(in thousands)

2022

2021
$
%

Revenue

16,742

$
13,010

$
3,732

29
%
Cost of revenue

4,331

4,986

(655
)

-13
%
Gross margin

12,411

8,024

4,387

55
%
Operating expenses:

General and administrative

12,556

11,690

866

7
%
Selling and marketing

7,474

8,591

(1,117
)

-13
%
Research and development

567

1,101

(534
)

-49
%
Depreciation and amortization

766

784

(18
)

-2
%
Operating loss

(8,952
)

(14,142
)

5,190

-37
%
Other income (expense), net

(1,339
)

(13,089
)

11,750

-90
%
Income tax expense

2

28

(26
)

-93
%
Net loss

$
(10,293
)

$
(27,259
)

$
16,966

-62
%


9 month rev until q3 was 11.2.