Hyperfine, Inc. Financial Summary

Complete Filing Data

Hyperfine, Inc. reported Stockholders Equity of $41.01 million for FY2025.

All values from 10-K, 20-F, and 10-Q filings on SEC EDGAR, organized by financial statement. Scroll each table horizontally for the full history. Blank cells mean Hyperfine, Inc. did not report that metric for that period in XBRL — often because accounting standards changed which tag a company files under (for example, most companies moved revenue to the ASC-606 tag in 2018), so a metric may continue in a different row. Rows marked * merge those successor tags into one continuous series, preferring the audited value from the newest-standard tag where periods overlap.

Income Statement

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023FY2022FY2021FY2020
Net Income *-$35.6M-$40.7M-$44.2M-$44.2M-$64.9M-$23.4M
Operating Income Loss-$37.1M-$43.2M-$48.1M-$73.9M-$64.9M-$23.5M
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest-$35.6M-$40.7M-$44.2M-$73.2M-$64.9M-$23.4M
Selling And Marketing Expense$10.1M$9.1M$10.1M$14.2M$10.4M$2.5M
Research And Development Expense$17.5M$22.5M$22.5M$28.2M$25.8M$14.6M
Other Nonoperating Income Expense-$337.0K$12.0K$35.0K-$51.0K-$1.0K-$6.0K
Operating Expenses$43.8M$49.1M$52.9M$74.8M$63.7M$23.0M
General And Administrative Expense$16.3M$17.5M$20.3M$32.4M$27.5M$5.9M
Revenue From Contract With Customer Excluding Assessed Tax$13.6M$12.9M$11.0M$6.8M$1.5M$294.0K
Gross Profit$6.8M$5.9M$4.8M$907.0K-$1.2M-$477.0K
Cost Of Goods And Services Sold$6.8M$7.0M$6.3M$5.9M$2.7M$771.0K
Income Tax Expense Benefit$0.00$0.00$0.00$0.00$0.00
Cash Received From Exchange Of Research And Development Tax Credits$0.00$519.0K$131.0K$374.0K$261.0K

Quarterly (10-Q, single quarters)

Metric \ QuarterQ3 2025Q2 2025Q1 2025Q3 2024Q2 2024Q1 2024Q3 2023Q2 2023Q1 2023Q3 2022Q2 2022Q1 2022Q3 2021Q2 2021Q1 2021
Net Income *-$11.0M-$9.2M-$9.4M-$10.3M-$10.2M-$9.8M-$10.8M-$10.6M-$12.2M-$13.2M-$23.2M-$23.8M-$16.4M-$14.6M-$7.8M
Operating Income Loss-$8.9M-$9.6M-$10.9M-$11.0M-$10.8M-$10.7M-$11.8M-$11.7M-$13.0M-$13.3M-$23.2M-$23.8M-$16.4M-$14.6M-$7.8M
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest-$11.0M-$9.2M-$9.4M-$10.3M-$10.2M-$9.8M-$10.8M-$10.6M-$12.2M-$13.2M-$23.2M-$23.8M-$16.4M-$14.6M-$7.8M
Selling And Marketing Expense$2.6M$2.5M$2.5M$2.5M$2.3M$2.0M$2.5M$2.5M$2.5M$3.4M$3.8M$4.2M$2.8M$1.8M$1.2M
Research And Development Expense$4.0M$4.5M$5.0M$5.9M$6.0M$5.6M$5.7M$5.3M$5.5M$7.3M$7.3M$8.3M$6.4M$6.0M$4.5M
Other Nonoperating Income Expense$17.0K$85.0K-$451.0K$52.0K$15.0K$6.0K-$19.0K$25.0K$6.0K-$59.0K$1.0K-$5.0K-$5.0K$1.0K$6.0K
Operating Expenses$10.8M$10.9M$11.8M$12.9M$12.6M$12.0M$12.9M$13.1M$14.2M$14.0M$23.0M$23.9M$16.1M$14.5M$7.5M
General And Administrative Expense$4.2M$3.9M$4.2M$4.5M$4.4M$4.4M$4.6M$5.3M$6.2M$3.2M$12.0M$11.4M$6.8M$6.7M$1.9M
Revenue From Contract With Customer Excluding Assessed Tax$3.4M$2.7M$2.1M$3.6M$3.6M$3.3M$2.3M$3.4M$2.6M$2.3M$1.5M$1.5M$371.0K$358.0K$331.0K
Gross Profit$1.8M$1.3M$883.0K$1.9M$1.8M$1.4M$1.1M$1.4M$1.2M$688.0K-$165.0K$84.0K-$338.0K-$99.0K-$277.0K
Cost Of Goods And Services Sold$1.6M$1.4M$1.3M$1.7M$1.8M$1.9M$1.2M$1.9M$1.5M$1.7M$1.7M$1.4M$709.0K$457.0K$608.0K
Income Tax Expense Benefit$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
Cash Received From Exchange Of Research And Development Tax Credits$324.0K

Balance Sheet

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023FY2022FY2021FY2020FY2019
Stockholders Equity$41.0M$49.0M$84.4M$123.7M$186.2M-$61.1M-$39.9M
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents$36.0M$37.7M$75.8M$118.2M$191.2M$64.3M$26.4M
Deferred Grant Funding Current$957.0K$28.0K$621.0K$771.0K$4.9M$4.9M
Cash And Cash Equivalents At Carrying Value$35.1M$37.6M$75.2M$117.5M$188.5M$62.7M
Retained Earnings Accumulated Deficit-$330.0M-$294.4M-$253.7M-$209.5M-$136.3M-$71.5M
Liabilities Current$11.7M$8.7M$8.8M$8.8M$15.7M$4.1M
Liabilities And Stockholders Equity$55.3M$58.9M$94.2M$134.1M$202.5M$71.5M
Assets$55.3M$58.9M$94.2M$134.1M$202.5M$71.5M
Liabilities$14.3M$9.9M$9.8M$10.3M$16.2M$4.3M
Assets Current$50.9M$53.7M$88.9M$128.7M$197.5M$68.3M
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect-$1.6M-$38.1M-$42.4M-$72.9M$126.9M$37.8M
Property Plant And Equipment Net$2.5M$3.1M$3.0M$3.2M$3.8M$1.9M
Prepaid Expense And Other Assets Current$1.3M$1.9M$2.4M$3.2M$1.4M$691.0K
Accrued Expenses And Other Current Liabilities$5.1M$5.6M$5.4M$6.0M$8.1M$1.3M
Accounts Payable Current$4.1M$1.6M$1.2M$678.0K$2.2M$948.0K
Other Assets Noncurrent$1.8M$2.1M$2.3M$2.1M$1.2M$44.0K
Inventory Net$7.1M$5.8M$6.6M$4.6M$4.3M$1.7M
Contract With Customer Liability Current$1.5M$1.5M$1.5M$1.4M$730.0K$158.0K
Accounts Receivable Net Current$5.3M$6.0M$3.2M$2.1M$553.0K$174.0K
Restricted Cash And Cash Equivalents$957.0K$28.0K$621.0K$771.0K$2.7M$1.6M
Allowance For Doubtful Accounts Receivable Current$1.4M$651.0K$321.0K$180.0K$32.0K$0.00
Restricted Cash Current$957.0K$28.0K$621.0K$771.0K$2.7M$1.6M
Contract With Customer Liability Noncurrent$729.0K$1.1M$968.0K$1.5M$510.0K
Unbilled Receivables Current$1.3M$2.3M$942.0K$454.0K$91.0K
Unbilled Receivables-$1.1M$1.4M$488.0K$363.0K$91.0K
Net Investment In Lease Purchase$10.0K$2.0K
Other Liabilities Noncurrent$66.0K$78.0K$64.0K
Other Operating Activities Cash Flow Statement$27.0K-$11.0K$25.0K$91.0K$85.0K
Adjustments To Additional Paid In Capital Investments$3.5M$1.0M
Inventory Write Down$75.0K$213.0K

Quarterly (10-Q, single quarters)

Metric \ QuarterQ3 2025Q2 2025Q1 2025Q3 2024Q2 2024Q1 2024Q3 2023Q2 2023Q1 2023Q3 2022Q2 2022Q1 2022Q3 2021Q2 2021Q1 2021
Stockholders Equity$26.9M$35.1M$43.1M$58.3M$66.8M$75.6M$93.8M$103.3M$112.7M$135.0M$150.5M$166.6M-$101.1M-$87.3M-$67.8M
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents$22.0M$25.6M$33.5M$46.0M$53.8M$63.2M$86.0M$94.9M$104.7M$133.7M$146.7M$163.6M$68.9M$78.7M$87.8M
Deferred Grant Funding Current$466.0K$158.0K$441.0K$219.0K$548.0K$969.0K$713.0K$1.3M$1.6M$2.0M
Cash And Cash Equivalents At Carrying Value$21.6M$25.4M$33.1M$45.8M$53.8M$63.2M$85.4M$93.9M$104.0M$132.5M$145.1M$161.6M$65.5M$77.4M$86.2M
Retained Earnings Accumulated Deficit-$324.1M-$313.1M-$303.9M-$284.1M-$273.7M-$263.6M-$243.0M-$232.3M-$221.6M-$196.4M-$183.3M-$160.1M-$8.2M-$7.4M-$5.9M
Liabilities Current$10.2M$8.0M$8.0M$10.0M$8.8M$8.8M$8.2M$8.0M$8.0M$12.5M$10.5M$11.4M$1.9M$1.4M$123.6K
Liabilities And Stockholders Equity$41.5M$45.2M$53.4M$69.4M$76.6M$85.4M$103.1M$112.6M$122.1M$148.3M$161.7M$178.8M$207.9M$208.3M$208.5M
Assets$41.5M$45.2M$53.4M$69.4M$76.6M$85.4M$103.1M$112.6M$122.1M$148.3M$161.7M$178.8M$207.9M$208.3M$208.5M
Liabilities$14.6M$10.1M$10.3M$11.1M$9.8M$9.8M$9.3M$9.3M$9.4M$13.3M$11.2M$12.3M$9.2M$8.6M$7.4M
Assets Current$36.9M$40.1M$48.4M$64.1M$71.0M$79.7M$98.2M$107.8M$117.1M$143.7M$157.0M$173.7M$927.6K$1.2M$1.4M
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect-$4.1M-$12.6M-$13.5M-$27.6M$23.6M
Property Plant And Equipment Net$2.7M$3.1M$3.1M$3.1M$3.4M$3.7M$3.2M$3.1M$3.1M$3.4M$3.5M$3.9M
Prepaid Expense And Other Assets Current$2.7M$2.7M$3.0M$2.0M$2.3M$3.0M$2.2M$2.3M$2.9M$1.8M$2.6M$3.2M
Accrued Expenses And Other Current Liabilities$4.5M$3.4M$3.8M$6.9M$5.1M$4.7M$5.3M$4.2M$4.1M$8.9M$6.1M$6.6M
Accounts Payable Current$3.7M$3.0M$2.3M$1.4M$2.2M$2.5M$908.0K$1.4M$1.7M$741.0K$1.7M$1.7M
Other Assets Noncurrent$1.9M$2.0M$1.9M$2.2M$2.2M$2.0M$1.7M$1.7M$1.9M$1.2M$1.2M$1.2M
Inventory Net$5.8M$4.9M$4.6M$7.0M$7.5M$7.3M$6.9M$6.0M$5.7M$4.0M$4.6M$4.5M
Contract With Customer Liability Current$1.4M$1.4M$1.4M$1.4M$1.4M$1.5M$1.5M$1.5M$1.4M$1.4M$964.0K$973.0K
Accounts Receivable Net Current$4.9M$5.1M$5.3M$6.8M$5.4M$5.3M$2.4M$3.9M$3.0M$2.7M$2.0M$1.9M
Restricted Cash And Cash Equivalents$466.0K$158.0K$441.0K$219.0K$0.00$0.00$548.0K$969.0K$713.0K$1.3M$1.6M$2.0M$3.5M$1.3M$1.6M
Allowance For Doubtful Accounts Receivable Current$1.2M$894.0K$790.0K$482.0K$308.0K$248.0K$241.0K$175.0K$191.0K$296.0K$151.0K$80.0K
Restricted Cash Current$466.0K$158.0K$441.0K$219.0K$548.0K$969.0K$713.0K$1.3M$1.6M$2.0M
Contract With Customer Liability Noncurrent$974.0K$914.0K$1.0M$1.1M$1.1M$1.0M$1.1M$1.3M$1.4M$889.0K$745.0K$851.0K
Unbilled Receivables Current$1.4M$1.9M$1.9M$2.3M$2.1M$895.0K$682.0K$663.0K$713.0K$1.5M$1.1M$478.0K
Unbilled Receivables-$412.0K-$47.0K$259.0K$387.0K$8.0K
Net Investment In Lease Purchase$34.0K$2.0K$2.0K$3.0K
Other Liabilities Noncurrent$0.00$12.0K$16.0K$0.00$0.00$17.0K
Other Operating Activities Cash Flow Statement$11.0K$34.0K
Adjustments To Additional Paid In Capital Investments$2.8M$700.0K
Inventory Write Down$0.00$75.0K

Cash Flow Statement

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023FY2022FY2021FY2020
Net Cash Provided By Used In Operating Activities-$27.9M-$38.8M-$41.8M-$72.3M-$47.2M-$21.5M
Net Cash Provided By Used In Investing Activities-$1.2M-$383.0K-$804.0K-$585.0K-$2.7M-$1.6M
Net Cash Provided By Used In Financing Activities$27.5M$1.0M$174.0K$7.0K$176.8M$60.9M
Share Based Compensation$2.8M$4.4M$4.7M$10.7M$6.9M$1.1M
Payments To Acquire Property Plant And Equipment$1.2M$383.0K$804.0K$585.0K$2.7M$1.6M
Increase Decrease In Prepaid Deferred Expense And Other Assets-$436.0K$222.0K-$1.5M$1.8M$666.0K-$146.0K
Increase Decrease In Due To Related Parties-$11.0K$0.00$61.0K-$2.0M$1.8M$27.0K
Increase Decrease In Accrued Liabilities And Other Operating Liabilities$332.0K-$683.0K-$742.0K-$2.1M$6.9M$773.0K
Increase Decrease In Accounts Receivable-$702.0K$2.8M$1.1M$1.6M$379.0K$174.0K
Increase Decrease In Accounts Payable$2.4M$382.0K$533.0K-$1.6M$1.4M-$377.0K
Increase Decrease In Inventories$1.5M-$562.0K$2.2M$312.0K$2.7M$1.9M
Proceeds From Stock Options Exercised$156.0K$171.0K$174.0K$7.0K$1.5M$120.0K
Increase Decrease In Deferred Liabilities$929.0K-$593.0K-$123.0K-$1.9M$1.1M$1.6M
Increase Decrease In Contract With Customer Liability-$241.0K$93.0K-$483.0K$1.7M$1.1M$158.0K
Increase Decrease In Other Noncurrent Assets-$240.0K-$325.0K$220.0K$632.0K$1.2M
Increase Decrease In Accounts Receivable Related Parties$0.00-$48.0K$34.0K-$1.5M$782.0K
Increase Decrease In Prepaid Supplies$0.00-$693.0K$412.0K$281.0K-$651.0K
Depreciation Depletion And Amortization$1.0M$726.0K$289.0K
Payments Of Stock Issuance Costs$7.0K$129.0K
Increase Decrease In Operating Lease Liability-$8.0K-$5.0K$10.0K
Proceeds From Contributions From Affiliates$3.5M$1.0M

Quarterly (10-Q, single quarters)

Metric \ QuarterQ1 2025Q1 2024Q1 2023Q3 2022Q2 2022Q1 2022Q3 2021Q2 2021Q1 2021
Net Cash Provided By Used In Operating Activities-$9.2M-$12.5M-$13.5M-$27.3M-$7.5M
Net Cash Provided By Used In Investing Activities-$472.0K-$145.0K-$61.0K-$308.0K-$170.0K
Net Cash Provided By Used In Financing Activities$5.6M$55.0K$49.0K$31.2M
Share Based Compensation$945.0K$1.0M$1.1M$4.1M$267.0K
Payments To Acquire Property Plant And Equipment$472.0K$145.0K$61.0K$308.0K$170.0K
Increase Decrease In Prepaid Deferred Expense And Other Assets$1.2M$1.3M-$272.0K$1.8M$326.0K
Increase Decrease In Due To Related Parties-$7.0K-$16.0K$64.0K-$1.9M$19.0K
Increase Decrease In Accrued Liabilities And Other Operating Liabilities-$1.4M-$1.4M-$1.8M-$1.5M-$307.0K
Increase Decrease In Accounts Receivable-$626.0K$2.2M$915.0K$1.4M$467.0K
Increase Decrease In Accounts Payable$600.0K$1.2M$954.0K-$565.0K$169.0K
Increase Decrease In Inventories-$1.2M$833.0K$1.1M$228.0K$672.0K
Proceeds From Stock Options Exercised$33.0K$55.0K$49.0K$49.0K
Increase Decrease In Deferred Liabilities$413.0K-$621.0K-$58.0K-$679.0K
Increase Decrease In Contract With Customer Liability-$80.0K$127.0K-$125.0K$584.0K$600.0K
Increase Decrease In Other Noncurrent Assets-$128.0K-$200.0K$18.0K-$11.0K$7.0K
Increase Decrease In Accounts Receivable Related Parties-$48.0K-$13.0K-$882.0K
Increase Decrease In Prepaid Supplies$0.00-$693.0K-$281.0K
Depreciation Depletion And Amortization$238.0K$263.0K$253.0K$172.0K$122.0K$96.0K
Payments Of Stock Issuance Costs$7.0K
Increase Decrease In Operating Lease Liability-$7.0K$2.0K
Proceeds From Contributions From Affiliates$700.0K

Per-Share & Share Counts

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023FY2022FY2021FY2020
Diluted EPS *-$0.43-$0.56-$0.62-$1.04-$17.57-$15.38
Weighted Average Number Of Shares Outstanding Basic81.8M72.4M71.3M70.4M3.7M
Weighted Average Number Of Diluted Shares Outstanding81.8M72.4M71.3M70.4M3.7M
Earnings Per Share Basic$-0.43$-0.56$-0.62$-1.04$-17.57
Weighted Average Number Of Share Outstanding Basic And Diluted3.7M1.5M

Quarterly (10-Q, single quarters)

Metric \ QuarterQ3 2025Q2 2025Q1 2025Q3 2024Q2 2024Q1 2024Q3 2023Q2 2023Q1 2023Q3 2022Q2 2022Q1 2022Q3 2021Q2 2021Q1 2021
Diluted EPS *-$0.14-$0.12-$0.12-$0.14-$0.14-$0.14-$0.15-$0.15-$0.17-$0.19-$0.33-$0.34-$8.66-$8.80-$4.86
Weighted Average Number Of Shares Outstanding Basic79.0M78.1M75.7M72.7M72.0M71.9M71.5M71.2M70.9M70.5M70.4M70.3M1.9M1.7M
Weighted Average Number Of Diluted Shares Outstanding79.0M78.1M75.7M72.7M72.0M71.9M71.5M71.2M70.9M70.5M70.4M70.3M1.9M1.7M
Earnings Per Share Basic$-0.14$-0.12$-0.12$-0.14$-0.14$-0.14$-0.15$-0.15$-0.17$-0.19$-0.33$-0.34$-8.66$-8.80
Weighted Average Number Of Share Outstanding Basic And Diluted70.3M1.6M

Other Metrics

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023FY2022FY2021FY2020
Investment Income Interest$1.0M$2.5M$3.8M$761.0K$18.0K$70.0K
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value$2.8M$4.4M$4.7M$10.7M$6.9M$1.1M
Stock Issued During Period Value Stock Options Exercised$156.0K$171.0K$174.0K$7.0K$1.5M$120.0K
Additional Paid In Capital$371.0M$343.5M$338.1M$333.2M$322.5M$10.4M
Depreciation$1.1M$1.0M$1.1M$1.0M
Capital Expenditures Incurred But Not Yet Paid$31.0K$0.00$3.0K$136.0K
Due To Related Parties Current$2.0M$136.0K
Due From Related Parties Current$14.0K$1.5M
Fair Value Adjustment Of Warrants-$825.0K$0.00

Quarterly (10-Q, single quarters)

Metric \ QuarterQ3 2025Q2 2025Q1 2025Q3 2024Q2 2024Q1 2024Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q3 2021Q2 2021Q1 2021
Investment Income Interest$187.0K$239.0K$317.0K$585.0K$675.0K$796.0K$1.0M$1.0M$869.0K$170.0K$32.0K$1.0K$3.0K$5.0K$5.0K
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value$617.0K$547.0K$945.0K$1.1M$1.2M$1.0M$1.2M$1.1M$1.1M-$2.4M$7.1M$4.1M$1.4M$1.5M$267.0K
Stock Issued During Period Value Stock Options Exercised$92.0K$4.0K$33.0K$105.0K$55.0K$39.0K$58.0K$49.0K$2.0K$1.3M$149.0K$49.0K
Additional Paid In Capital$351.0M$348.2M$347.0M$342.4M$340.5M$339.2M$336.8M$335.6M$334.4M$331.4M$333.8M$326.7M$0.00$0.00
Depreciation$297.0K$283.0K$229.0K$259.0K$253.0K$263.0K$278.0K$259.0K$254.0K$238.0K$263.0K$253.0K
Capital Expenditures Incurred But Not Yet Paid$509.0K$742.0K$36.0K$62.0K$58.0K
Due To Related Parties Current$64.0K$61.0K$81.0K$97.0K
Due From Related Parties Current$48.0K$2.0K$1.0K
Fair Value Adjustment Of Warrants$2.3M-$46.0K-$1.6M$0.00$0.00$0.00

Most recent annual filing with the SEC: March 18, 2026

Data sourced from SEC EDGAR public filings as of August 4, 2026.