Company: SNWV
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001628280-25-038937
Chunk: 49

Company: SANUWAVE Health, Inc.
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 1
Chunk 49
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$12,018 $- $- $12,018 Fair value measured at December 31, 2024(in thousands) Fair value at December 31, 2024Quoted prices inactive markets(Level 1)Significant otherobservable inputs(Level 2)Significant unobservable inputs(Level 3)Warrant liability$8,107 $- $- $8,107 There were no transfers among Levels 1, 2 or 3 during the three and six months ended June 30, 2025, and 2024. Both observable and unobservable inputs were used to determine the fair value of positions that the Company has classified within the Level 3 category. Unrealized gains and losses associated with liabilities within the Level 3 category include changes in fair value that were attributable to both observable and unobservable inputs.Warrant LiabilityThe Company's liability classified warrants as of June 30, 2025, and December 31, 2024, were valued using the Black Scholes valuation model.

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Significant Black Scholes valuation model inputs related to the Company’s warrants are listed below:June 30, 2025December 31, 2024Weighted average expected life in years0.350.85Weighted average volatility72%91%Value of underlying shares$32.86$22.76Weighted average risk free interest rate4.27%4.10%Expected dividend yield0%0%A summary of the Level 3 warrant activity for the three and six months ended June 30, 2025, is as follows:(in thousands, except per share data)WarrantsOutstandingFair Valueper ShareWarrant LiabilityFair ValueBalance at March 31, 2025390$33.35 $13,008 Change in fair value-(990)Balance at June 30, 2025390$30.82 $12,018 (in thousands, except per share data)WarrantsOutstanding Fair Valueper ShareWarrant LiabilityFair ValueBalance at December 31, 2024390$20.79 $8,107 Change in fair value-3,911 Balance at June 30, 2025390$30.82 $12,018 

11.        Promissory Notes Payable

Convertible Notes Payable and Convertible Notes Payable, Related Parties - In August 2022, November 2022, May 2023, December 202