Butterfly Network Inc

For the period ended Dec 31, 2023. Filed Mar 4, 2024.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2023 · Filed Mar 4, 2024

BFLY$6.67+4.7%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Balance Sheets

(In thousands, except share and per share amounts)


· · December 31,
· 2023 · 2022
Assets · · · ·
Current assets: · · · ·
Cash and cash equivalents	$134,437	$162,561
Marketable securities	—	75,250
Accounts receivable, net	13,418	14,685
Inventories	73,022	59,970
Current portion of vendor advances	2,815	35,182
Prepaid expenses and other current assets	7,571	9,489
Total current assets	231,263	357,137
Property and equipment, net	25,321	31,331
Intangible assets, net	10,317	—
Non-current portion of vendor advances	15,276	—
Operating lease assets	15,675	21,567
Other non-current assets	6,422	7,535
Total assets	$304,274	$417,570
Liabilities and stockholders’ equity
Current liabilities:
Accounts payable	$5,090	$7,211
Deferred revenue, current	15,625	15,856
Accrued purchase commitments, current	131	2,146
Accrued expenses and other current liabilities	23,425	26,116
Total current liabilities	44,271	51,329
Deferred revenue, non-current	7,394	4,957
Warrant liabilities	826	5,370
Operating lease liabilities	22,835	29,966
Other non-current liabilities	8,895	588
Total liabilities	84,221	92,210
Commitments and contingencies (Note 18)
Stockholders’ equity:
Class A common stock $.0001 par value; 600,000,000 shares authorized at December 31, 2023 and December 31, 2022; 181,221,794 and 174,459,956 shares issued and outstanding at December 31, 2023 and December 31, 2022, respectively	18	17
Class B common stock $.0001 par value; 27,000,000 shares authorized at December 31, 2023 and December 31, 2022; 26,426,937 shares issued and outstanding at December 31, 2023 and December 31, 2022	3	3
Additional paid-in capital	949,670	921,278
Accumulated deficit	(729,638)	(595,938)
Total stockholders’ equity	220,053	325,360
Total liabilities and stockholders’ equity	$304,274	$417,570

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.