Hyperfine Inc
For the period ended Mar 31, 2024. Filed May 14, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 14, 2024
HYPR$0.71-1.8%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations and Comprehensive Loss (unaudited)
(in thousands, except share and per share amounts)
| Three Months Ended March 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Sales | ||
| Device | $2,704 | $2,132 |
| Service | 591 | 503 |
| Total sales | 3,295 | 2,635 |
| Cost of sales | ||
| Device | 1,499 | 1,071 |
| Service | 442 | 409 |
| Total cost of sales | 1,941 | 1,480 |
| Gross margin | 1,354 | 1,155 |
| Operating Expenses: | ||
| Research and development | 5,570 | 5,461 |
| General and administrative | 4,430 | 6,182 |
| Sales and marketing | 2,004 | 2,547 |
| Total operating expenses | 12,004 | 14,190 |
| Loss from operations | (10,650) | (13,035) |
| Interest income | 796 | 869 |
| Other income, net | 6 | 6 |
| Loss before provision for income taxes | (9,848) | (12,160) |
| Provision for income taxes | — | — |
| Net loss and comprehensive loss | $(9,848) | $(12,160) |
| Net loss per common share attributable to common stockholders, basic and diluted | $(0.14) | $(0.17) |
| Weighted-average shares used to compute net loss per share attributable to common stockholders, basic and diluted | 71,934,045 | 70,864,226 |
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