Company: SNWV
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001628280-25-050280
Chunk: 81

Company: SANUWAVE Health, Inc.
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 8
Chunk 81
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in thousands)Principal Payments2025$1,438 20265,750 2027 (includes the revolver)6,405 20285,750 20294,312 Total Principal Payments23,655 Debt Issuance Costs(371)Total23,284 Less current maturities(5,750)Long term debt, net of current maturities$17,534 Prior to full repayment, the debt issuance costs and debt discount related to the Senior Secured Note were capitalized as a reduction in the principal amount and were amortized to interest expense over the life of the Senior Secured Note. Three Months EndedNine Months Ended(In millions)September 30, 2025September 30, 2024September 30, 2025September 30, 2024Amortization of debt issuance costs and debt discount, included in interest expense$0.5 $0.5 $1.6 $1.4 Interest expense$1.8 $2.1 $5.5 $6.1 

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8.        Accrued Expenses

Accrued expenses consisted of the following:(in thousands)September 30, 2025December 31, 2024Registration penalties$1,583 $1,583 Board of directors fees172 249 Employee compensation1,042 2,232 Other789 614 Accrued expenses$3,586 $4,678 

9.        Fair Value Measurements

The Company uses various inputs to measure the outstanding warrants on a recurring basis to determine the fair value of the liabilities. The following tables classify the Company’s liabilities measured at fair value on a recurring basis into the fair value hierarchy:Fair value measured at September 30, 2025(in thousands)Fair value atSeptember 30, 2025Quoted prices inactive markets(Level 1)Significant otherobservable inputs(Level 2)Significantunobservable inputs(Level 3)Warrant liability$5,921 $- $- $5,921 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