Exhibit 99

 

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8285 El Rio, Suite 190

Houston, TX 77054

Phone 833.298.6633

 

NUO THERAPEUTICS ANNOUNCES SECOND QUARTER 2026 FINANCIAL RESULTS AND PROVIDES BUSINESS UPDATE

 

Differentiated Autologous PRP Remains Well-Positioned for Attractive Long-Term Growth

 

Houston, TX August 17, 2026 Nuo Therapeutics, Inc. (OTCQB: AURX) (“Nuo”), a commercial-stage medical device company focused on developing and marketing regenerative therapies for chronic wound care, announced financial results for the second quarter ended June 30, 2026 and provided an operational and business update.

 

Second Quarter and First Half 2026 Financial Summary

 

 

Total revenues of approximately $1.77 million and $3.07 million for the second quarter 2026 and first half of 2026, respectively, were each up in excess of 150% versus the comparable 2025 periods

 

Total 2Q product revenues increased 38% sequentially versus 1Q 2026 with Aurix branded product revenues increasing in excess of 30% sequentially

 

Second quarter net operating loss of approximately $167,000 improved by approximately $280,000 compared to the first quarter of 2026

 

Amended and restated loan and agreement with an interim funding of $675,000 and with $325,000 remaining available under commitments totaling $2 million

 

Operational and Business Update

 

 

Market continues to respond positively to absolute and relative improvement in Medicare related reimbursement for Aurix and a vastly changed overall reimbursement landscape

 

Proposed Medicare PFS and OPPS reimbursement rules issued in July for January 1, 2027 effectiveness, if finalized as proposed, would support stable or increasing Medicare payment amounts for autologous PRP therapies

 

“Market dynamics continue to support attractive growth opportunities for the Aurix brand and, by extension, Smith+Nephew’s private label offering. We remain two months shy of the one-year anniversary of Smith+Nephew’s market entry and the initial availability of their private label brand as another differentiated autologous therapy and are pleased to report that the arrangement continues to perform positively”, commented David Jorden, Nuo’s Chief Executive and Financial Officer. “We recently confirmed the achievement of a reimbursement fee milestone contained in last year’s distribution agreement and anticipate receiving that payment this quarter”.

 

“We amended January’s loan agreement in May with additional capital made available via an interim funding and have the company option to increase total borrowings under the agreement on September 30, 2026. The loan remains designed to provide working capital as we invest in growth and move closer to breakeven operations”.

 


 

About Nuo Therapeutics

 

Nuo Therapeutics, Inc. is a commercial-stage medical device company focused on developing and marketing regenerative therapies for chronic wound care. Nuo’s Aurix System is a biodynamic hematogel that harnesses a patient’s innate regenerative abilities for the management of a variety of wounds.

 

Cautionary Note Regarding Forward-Looking Statements

 

This press release contains forward-looking statements. These forward-looking statements include but are not limited to statements regarding Nuo’s anticipated growth opportunities and market positioning, expectations regarding the impact of Medicare reimbursement changes and their impact on demand for Aurix products, future receipt of milestone payments, and movement toward breakeven operations. Forward-looking statements may include statements that are predictive in nature and depend upon or refer to future events or conditions, and may include words such as “believes,” “plans,” “anticipates,” “projects,” “estimates,” “expects,” “intends,” “strategy,” “future,” “opportunity,” “may,” “will,” and “should,” “could,” “potential,” or similar expressions. You are cautioned not to unduly rely on forward-looking statements. Forward-looking statements are based on current expectations, assumptions, and information available to Nuo’s management and are subject to known and unknown risks, uncertainties and other factors which may cause actual results to differ materially from the forward-looking statements. These risks, uncertainties, and factors are discussed under "Risk Factors" and elsewhere in Nuo’s public filings with the U.S. Securities and Exchange Commission from time to time, including Nuo’s annual report on Form 10-K, quarterly reports on Form 10-Q, and current reports on Form 8-K. You are advised to carefully consider these various risks, uncertainties, and other factors. Nuo disclaims any intent or obligation to update or revise publicly these forward-looking statements except as required by law.

 

 

Contact:

David Jorden

djorden@nuot.com

 


 

NUO THERAPEUTICS, INC.

CONSOLIDATED BALANCE SHEETS

(Unaudited)

 

June 30,

2026

December 31,

2025

ASSETS

Current assets

Cash

$

449,325

$

548,946

Accounts receivable, net

1,167,571

561,667

Inventory, net

269,518

213,761

Prepaid expenses and other current assets

107,021

55,509

Total current assets

1,993,435

1,379,883

Property and equipment, net

571,735

366,315

Operating lease right of use assets

61,120

99,464

Total assets

$

2,626,290

$

1,845,662

LIABILITIES AND STOCKHOLDERS' DEFICIT

Current liabilities

Accounts payable

$

563,100

$

436,083

Accrued expenses

619,046

493,792

Deferred revenue

311,765

300,000

Current portion of operating lease liabilities

60,090

76,410

Total current liabilities

1,554,001

1,306,285

Deferred revenue – long term

857,353

975,000

Notes payable

1,436,250

300,000

Note payable – related party

314,000

200,000

Non-current portion of operating lease liabilities

-

20,936

Total liabilities

4,161,604

2,802,221

Commitments and contingencies

Stockholders' deficit

Common stock; $0.0001 par value, 100,000,000 shares authorized, 48,418,524 and 48,179,039 shares issued and outstanding at June 30, 2026 and December 31, 2025, respectively

4,842

4,818

Additional paid-in capital

34,128,073

33,810,785

Accumulated deficit

(35,668,229

)

(34,772,162

)

Total stockholders' deficit

(1,535,314

)

(956,559

)

Total liabilities and stockholders' deficit

$

2,626,290

$

1,845,662

 


NUO THERAPEUTICS, INC.

CONSOLIDATED STATEMENTS OF OPERATIONS

(Unaudited)

 

Three 

Months

ended

June 30,

2026

Three

 Months

ended

June 30,

2025

Revenue

Product sales

$

1,691,045

$

625,202

Distribution fee revenue

77,941

75,000

Total revenue

1,768,986

700,202

Costs of sales

598,959

159,350

Gross profit

1,170,027

540,852

Operating expenses

Selling, general and administrative

1,336,579

1,192,874

Total operating expenses

1,336,579

1,192,874

Loss from operations

(166,552

)

(652,022

)

Other income (expense)

Interest income (expense), net

(114,066

)

1,153

Other income

3,017

1,180

Total other income (expenses)

(111,049

)

2,333

Net loss

$

(277,601

)

$

(649,689

)

Loss per common share

Basic and diluted

$

(0.01

)

$

(0.01

)

Weighted average common shares outstanding

Basic and diluted

48,407,917

46,823,111

 


 

NUO THERAPEUTICS, INC.

CONSOLIDATED STATEMENTS OF OPERATIONS

(Unaudited)

 

Six Months

ended

June 30,

2026

Six Months

ended

June 30,

2025

Revenue

Product sales

$

2,915,219

$

1,109,583

Distribution fee revenue

155,882

75,000

Total revenue

3,071,101

1,184,583

Costs of sales

1,051,347

280,371

Gross profit

2,019,754

904,212

Operating expenses

Selling, general and administrative

2,632,772

2,301,381

Total operating expenses

2,632,772

2,301,381

Loss from operations

(613,018

)

(1,397,169

)

Other income (expense)

Interest income (expense), net

(289,348

)

(442

)

Other income

6,299

1,794

Total other income (expenses)

(283,049

)

1,352

Net loss

$

(896,067

)

$

(1,395,817

)

Loss per common share

Basic and diluted

$

(0.02

)

$

(0.03

)

Weighted average common shares outstanding

Basic and diluted

48,346,949

46,819,632