SANUWAVE Health, Inc. disclosed in its recent 8-K filing that it will no longer rely on previously issued financial statements for certain periods due to identified state sales and use tax liabilities. The audit committee, after discussions with management and accounting firms, concluded that the financial statements for the years ended December 31, 2024, and interim periods in 2024 and 2025 will be restated. This may lead to an increase in reported liabilities by approximately $4.9 million to $5.2 million.

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