Financial Analysis
Filing-based analysis. Market pricing is not included. Fundamentals from SEC filings; economic data from FRED and the BLS. About our data
Filing evidence summary
Mixed evidenceCoverage 5/5 core metricsFlagged areas: Earnings quality, Solvency & liquidity, Dilution.
Backward-looking filed evidence under visible rules - not a rating, forecast or investment advice. Missing data is never scored.
Evidence signals
- 6 filing risk checks flagged
Flagged areas: Earnings quality, Solvency & liquidity, Dilution.
Why this surfaced
The full financial analysis shows each value, threshold, and sector limitation.
- Operating margin was stable
Operating margin changed -0.6 percentage points from the prior annual period.
Why this surfaced
Direction threshold: more than +1 percentage point constructive; below -1 point caution. Period end 2025-12-31.
- Revenue expanded
Latest reported annual revenue changed +35.0% from the prior reported annual observation.
Why this surfaced
Direction threshold: above +2% constructive; below -2% caution; otherwise monitor. This is not labeled one-year growth when filing periods have a gap. Period end 2025-12-31.
- Free cash flow was positive
Latest reported free cash flow was $2M.
Why this surfaced
Free cash flow = operating cash flow minus capital expenditures; positive is supporting evidence, not a valuation conclusion. Period end 2025-12-31.
Core trend metrics
Hover a tile for its exact definition; the Statements tab carries per-cell filing citations.
Where to look next
Risk checks
- Earnings quality
- Solvency & liquidity
- Dilution
Financial movement
- Cash→ flat
- Long-term debt→ flat
- Inventory→ flat
- Receivables→ flat
- Current assets→ flat
Source & freshness
- Source
- SEC EDGAR XBRL
- Fetched
- 2026-10-21
- Latest period end
- 2025-12-31
- Filings
- EDGAR ↗
Reported segment mix
figures as filed · share of the filed sum · change vs the prior period in the same filing- Reportable Segment$44.1M100.0%+35.0% yoy
Members sum to the consolidated $44.1M for this period.
- Reportable Segment$4.95M100.0%+28.5% yoy
Members sum to the consolidated $4.95M for this period.
- Consumables Parts And Accessories Revenue$25.8M58.6%+22.2% yoy
- System Revenue$17.8M40.5%+61.2% yoy
- Other Revenue$206K0.5%-32.7% yoy
- Extended Warranty$172K0.4%+81.1% yoy
- License Fees$20K0.0%-55.6% yoy
Members sum to the consolidated $44.1M for this period.
- Reportable Segment$9.74M100.0%-3.1% yoy
Change is against the same quarter a year earlier, as reported in the same 10-Q.
Source: SEC DERA Financial Statement and Notes data sets. Dimensional XBRL facts on the business-segment, product/service and geographic axes; the engine keeps the accession of every figure. Descriptive and educational, not advice.
Peer percentiles
latest fiscal year ending 2025-12-31 · among 4,060 US-listed filers · 314 in Healthcare| Metric | Value | vs all filers | vs sector |
|---|---|---|---|
Revenue latest fiscal-year revenue as filed | $44M | 20thof 3,247 bottom third | 26thof 285 bottom third |
Gross margin gross profit ÷ revenue | 77.1% | 91stof 1,585 top third | 89thof 206 top third |
Operating margin operating income ÷ revenue | 11.2% | 71stof 2,777 top third | 76thof 274 top third |
Net margin net income ÷ revenue | 26.8% | 89thof 3,212 top third | 96thof 284 top third |
Free-cash-flow margin (operating cash flow − |capex|) ÷ revenue | 4.4% | 49thof 2,640 middle third | 56thof 256 middle third |
Return on equity net income ÷ stockholders' equity (positive equity only) | 729.6% | 100thof 3,520 top third | 100thof 286 top third |
Stock comp ÷ revenue stock-based compensation ÷ revenue · lower is ranked higher | 11.0% | 24thof 2,852 bottom third | 28thof 270 bottom third |
Days sales outstanding receivables ÷ revenue × 365 · lower is ranked higher | 45 days | 56thof 2,373 middle third | 76thof 259 top third |
Net debt ÷ operating cash flow net debt ÷ operating cash flow (OCF > 0) · lower is ranked higher | 2.6× | 45thof 1,524 middle third | 47thof 115 middle third |
Cash conversion operating cash flow ÷ net income (net income > 0) | 0.3× | 14thof 2,243 bottom third | 7thof 125 bottom third |
Each filer's latest fiscal year as stored by the nightly crawl; fiscal year ends differ across the universe. A metric ranks only filers for which it is computable from filed facts. Ties split; a rank reads "better than N% of filers" in the metric's own direction. Descriptive and educational, not a rating.
Earnings quality
latest fiscal year ending 2025-12-31 · accruals and cash conversion as filedPer fiscal year from filed facts: cash conversion = operating cash flow / net income (net income > 0); cash-flow accrual ratio = (net income - operating cash flow) / average total assets; balance-sheet accrual ratio = change in net operating assets / average net operating assets, NOA = (assets - cash) - (liabilities - debt). Descriptive; a missing input yields a missing ratio. High accrual ratios and cash conversion well below one are the measures the accruals literature associates with less persistent earnings; they are screens to read the cash-flow statement with, not conclusions. The per-year series is part of Pro risk analysis.
Point-in-time ledger
first-reported vs latest filing · periods since 2020-01-01 · 75 changed periods, 30 largest shown| Line item | Period | First reported | Latest filing | Change | Filings |
|---|---|---|---|---|---|
| Depreciation and amortization DepreciationDepletionAndAmortization | quarter 2022-03-31 | $15K 10-Q 2022-05-26 | $191K 10-Q 2023-05-11 | +1173.3% | first · latest · 3 filings carry it |
| Stockholders' equity StockholdersEquity | balance at 2020-09-30 | -$873K 10-Q 2020-11-23 | -$9.1M 10-Q 2022-02-28 | -942.3% | first · latest · 3 filings carry it |
| Net income NetIncomeLoss | quarter 2022-09-30 | -$413K 10-Q 2022-11-14 | -$1.14M 10-Q 2023-11-09 | -175.8% | first · latest · 3 filings carry it |
| Stockholders' equity StockholdersEquity | balance at 2025-09-30 | -$2.93M 10-Q 2025-11-06 | -$7.59M 10-K 2026-03-26 | -159.0% | first · latest |
| Depreciation and amortization DepreciationDepletionAndAmortization | fiscal year 2021-12-31 | $532K 10-K 2022-05-13 | $1.24M 10-K 2023-03-31 | +132.3% | first · latest |
| Net income NetIncomeLoss | quarter 2020-09-30 | -$6.01M 10-Q 2020-11-23 | -$12.6M 10-Q 2022-02-28 | -110.2% | first · latest · 3 filings carry it |
| Diluted shares WeightedAverageNumberOfDilutedSharesOutstanding | quarter 2023-09-30 | 892,956,020 shares 10-Q 2023-11-09 | 2,381,000 shares 10-Q 2024-11-07 | -99.7% | first · latest |
| Diluted shares WeightedAverageNumberOfDilutedSharesOutstanding | fiscal year 2023-12-31 | 793,850,994 shares 10-K 2024-03-21 | 2,116,936 shares 10-K 2025-03-20 | -99.7% | first · latest |
| Diluted shares WeightedAverageNumberOfDilutedSharesOutstanding | quarter 2024-03-31 | 1,162,250,687 shares 10-Q 2024-05-09 | 3,099,335 shares 10-Q 2025-05-08 | -99.7% | first · latest |
| Diluted shares WeightedAverageNumberOfDilutedSharesOutstanding | quarter 2024-06-30 | 1,387,688,000 shares 10-Q 2024-08-12 | 3,699,501 shares 10-Q 2025-08-07 | -99.7% | first · latest |
| Basic shares WeightedAverageNumberOfSharesOutstandingBasic | quarter 2023-09-30 | 892,956,020 shares 10-Q 2023-11-09 | 2,381,000 shares 10-Q 2024-11-07 | -99.7% | first · latest |
| Basic shares WeightedAverageNumberOfSharesOutstandingBasic | fiscal year 2023-12-31 | 793,850,994 shares 10-K 2024-03-21 | 2,116,936 shares 10-K 2025-03-20 | -99.7% | first · latest |
| Basic shares WeightedAverageNumberOfSharesOutstandingBasic | quarter 2024-03-31 | 1,162,250,687 shares 10-Q 2024-05-09 | 3,099,335 shares 10-Q 2025-05-08 | -99.7% | first · latest |
| Basic shares WeightedAverageNumberOfSharesOutstandingBasic | quarter 2024-06-30 | 1,182,598,000 shares 10-Q 2024-08-12 | 3,152,595 shares 10-Q 2025-08-07 | -99.7% | first · latest |
| Goodwill Goodwill | balance at 2020-09-30 | $7.26M 10-Q 2020-11-23 | $14.2M 10-Q/A 2021-07-01 | +95.6% | first · latest |
| Gross profit GrossProfit | quarter 2020-06-30 | $57K 10-Q 2020-08-14 | $4K 10-Q 2022-01-14 | -93.0% | first · latest |
| Deferred revenue (non-current) ContractWithCustomerLiabilityNoncurrent | balance at 2025-09-30 | $322K 10-Q 2025-11-06 | $575K 10-K 2026-03-26 | +78.6% | first · latest |
| Gross profit GrossProfit | quarter 2020-03-31 | $59.7K 10-Q 2020-05-15 | $19K 10-Q 2021-12-13 | -68.2% | first · latest |
| Net income NetIncomeLoss | quarter 2025-06-30 | $1.05M 10-Q 2025-08-07 | $551K 10-Q 2026-08-06 | -47.8% | first · latest · 3 filings carry it |
| Operating income OperatingIncomeLoss | quarter 2022-06-30 | -$2.07M 10-Q 2022-08-12 | -$3.05M 10-Q 2023-08-10 | -47.4% | first · latest · 3 filings carry it |
| Operating income OperatingIncomeLoss | quarter 2022-03-31 | -$1.34M 10-Q 2022-05-26 | -$1.96M 10-Q 2023-05-11 | -46.2% | first · latest · 3 filings carry it |
| Gross profit GrossProfit | quarter 2020-09-30 | $1.42M 10-Q 2020-11-23 | $765K 10-Q 2022-02-28 | -46.1% | first · latest · 3 filings carry it |
| Net income NetIncomeLoss | quarter 2022-06-30 | $2.7M 10-Q 2022-08-12 | $1.64M 10-Q 2023-08-10 | -39.2% | first · latest · 3 filings carry it |
| Operating income OperatingIncomeLoss | quarter 2025-03-31 | $986K 10-Q 2025-05-08 | $601K 10-Q 2026-05-12 | -39.0% | first · latest · 3 filings carry it |
| Operating income OperatingIncomeLoss | quarter 2025-09-30 | $1.47M 10-Q 2025-11-06 | $903K 10-K 2026-03-26 | -38.5% | first · latest |
| Depreciation and amortization DepreciationDepletionAndAmortization | quarter 2024-03-31 | $218K 10-Q 2024-05-09 | $136K 10-Q 2025-05-08 | -37.6% | first · latest |
| Deferred revenue (non-current) ContractWithCustomerLiabilityNoncurrent | balance at 2025-06-30 | $301K 10-Q 2025-08-07 | $410K 10-K 2026-03-26 | +36.2% | first · latest |
| Operating income OperatingIncomeLoss | quarter 2022-09-30 | -$1.84M 10-Q 2022-11-14 | -$2.48M 10-Q 2023-11-09 | -35.0% | first · latest · 3 filings carry it |
| Depreciation and amortization DepreciationDepletionAndAmortization | fiscal year 2024-12-31 | $1.15M 10-K 2025-03-20 | $788K 10-K 2026-03-26 | -31.2% | first · latest |
| Operating income OperatingIncomeLoss | fiscal year 2024-12-31 | $5.42M 10-K 2025-03-20 | $3.85M 10-K 2026-03-26 | -29.0% | first · latest |
First filing reporting each period vs the latest filing carrying it (10-K and 10-Q only, periods since 2020, the extractor's winning tag per concept); a change under 0.5% is treated as rounding. A change can be a restatement, a reclassification or a re-tagging in a later comparative column; the two filings are linked so the reader can see which. Descriptive, not a verdict.
Notes by disclosure type
Not available for SNWV yet: no footnote text blocks on file for this filer in the ingested DERA files.
Fundamentals from SEC EDGAR. Scores, the DCF, and every model shown are educational analysis, not investment advice or price predictions.