Hyperfine Inc

For the period ended Jun 30, 2024. Filed Aug 9, 2024.

About this filing

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.

Jun 30, 2024 · Filed Aug 9, 2024

HYPR$0.68-3.6%Stored close · as of Nov 10, 2026

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Contents

Condensed Consolidated Statements of Operations and Comprehensive Loss (unaudited)

(in thousands, except share and per share amounts)

	Three Months Ended June 30,		Six Months Ended June 30,
	2024	2023	2024	2023
Sales
Device	$2,970	$2,810	$5,674	$4,942
Service	661	571	1,252	1,074
Total sales	3,631	3,381	6,926	6,016
Cost of sales
Device	1,422	1,549	2,921	2,620
Service	406	388	848	797
Total cost of sales	1,828	1,937	3,769	3,417
Gross margin	1,803	1,444	3,157	2,599
Operating Expenses:
Research and development	5,959	5,331	11,529	10,792
General and administrative	4,421	5,306	8,851	11,488
Sales and marketing	2,269	2,499	4,273	5,046
Total operating expenses	12,649	13,136	24,653	27,326
Loss from operations	(10,846)	(11,692)	(21,496)	(24,727)
Interest income	675	1,030	1,471	1,899
Other income, net	15	25	21	31
Loss before provision for income taxes	(10,156)	(10,637)	(20,004)	(22,797)
Provision for income taxes	—	—	—	—
Net loss and comprehensive loss	$(10,156)	$(10,637)	$(20,004)	$(22,797)
Net loss per common share attributable to common stockholders, basic and diluted	$(0.14)	$(0.15)	$(0.28)	$(0.32)
Weighted-average shares used to compute net loss per share attributable to common stockholders, basic and diluted	72,041,332	71,201,170	71,987,688	71,033,629

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.