Company: SNWV
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001628280-25-050280
Chunk: 88

Company: SANUWAVE Health, Inc.
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 8
Chunk 88
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 paying any dividends in the foreseeable future. The Company's policy is to recognize forfeitures as they occur.The weighted average assumptions used in the Black-Scholes option pricing model in valuing stock options granted in the three and nine months ended September 30, 2025 are summarized in the table below:Three Months Ended September 30,Nine Months Ended September 30,20252025Fair value at grant date$37.34$30.61Expected volatility63%62%Risk-free interest rate4%4%Expected holding period, in years5.485.13Dividend yield0%0%

13.       Net Income (Loss) per Share

Basic net income (loss) per share is computed based on the weighted average number of shares outstanding during the applicable period, including nominally priced warrants. Diluted net income (loss) per share is computed by dividing the net income (loss) attributable to common stockholders by the weighted average number of shares of common stock and dilutive common stock equivalents outstanding. Diluted net income (loss) per share is calculated based on the weighted average of shares of common stock outstanding and the number of additional shares that would have been outstanding if the potentially dilutive securities had been issued. The Company uses the treasury stock method to calculate the number of shares for the nominally priced warrants.

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Three Months Ended September 30,Nine Months Ended September 30,(in thousands, except per share data)2025202420252024Numerator:Basic net income (loss) available to stockholders10,325 (20,657)5,704 (18,624)Change in fair value of warrants(6,097)- (2,186)- Diluted net income (loss) available to stockholders4,228 (20,657)3,518 (18,624)Denominator:Weighted average common shares outstanding - Basic8,571 3,185 8,560 3,146 Dilutive effect of warrants158 - 295 - Dilutive effect of stock options412 - 323 - Dilutive effect of convertible promissory notes including interest- — - — Weighted average common shares outstanding - Diluted9,141 3,185 9,178 3,146 Net income (loss) per share:Basic$1.20 $(6.49)$0.67 $(5.92)Diluted