Hyperfine Inc

For the period ended Sep 30, 2024. Filed Nov 12, 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.

Sep 30, 2024 · Filed Nov 12, 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 September 30,		Nine Months Ended September 30,
	2024	2023	2024	2023
Sales
Device	$3,033	$1,728	$8,707	$6,670
Service	610	602	1,862	1,676
Total sales	3,643	2,330	10,569	8,346
Cost of sales
Device	1,359	835	4,280	3,321
Service	376	371	1,224	1,302
Total cost of sales	1,735	1,206	5,504	4,623
Gross margin	1,908	1,124	5,065	3,723
Operating Expenses:
Research and development	5,865	5,739	17,394	16,531
General and administrative	4,510	4,615	13,361	16,103
Sales and marketing	2,496	2,529	6,769	7,575
Total operating expenses	12,871	12,883	37,524	40,209
Loss from operations	(10,963)	(11,759)	(32,459)	(36,486)
Interest income	585	1,021	2,056	2,920
Other income (expense), net	52	(19)	73	12
Loss before provision for income taxes	(10,326)	(10,757)	(30,330)	(33,554)
Provision for income taxes	—	—	—	—
Net loss and comprehensive loss	$(10,326)	$(10,757)	$(30,330)	$(33,554)
Net loss per common share attributable to common stockholders, basic and diluted	$(0.14)	$(0.15)	$(0.42)	$(0.47)
Weighted-average shares used to compute net loss per share attributable to common stockholders, basic and diluted	72,678,622	71,464,315	72,219,681	71,178,769

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.