Butterfly Network Inc

For the period ended Sep 30, 2024. Filed Nov 1, 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 1, 2024

BFLY$6.51-2.4%Stored close · as of Nov 10, 2026

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

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Contents

Condensed Consolidated Balance Sheets (Unaudited)

CONDENSED CONSOLIDATED BALANCE SHEETS

(In thousands, except share and per share amounts)

(Unaudited)


· September 30, · December 31, ·
· 2024 · 2023
Assets · · · · ·
Current assets: · · · · ·
Cash and cash equivalents	$93,758	$134,437
Accounts receivable, net	20,621	13,418
Inventories	73,271	73,022
Current portion of vendor advances	4,351	2,815
Prepaid expenses and other current assets	7,492	7,571
Total current assets	199,493	231,263
Property and equipment, net	21,176	25,321
Intangible assets, net	9,266	10,317
Non-current portion of vendor advances	15,082	15,276
Operating lease assets	14,606	15,675
Other non-current assets	5,649	6,422
Total assets	$265,272	$304,274
Liabilities and stockholders’ equity
Current liabilities:
Accounts payable	$3,651	$5,090
Deferred revenue, current	16,425	15,625
Accrued purchase commitments, current	131	131
Accrued expenses and other current liabilities	22,585	23,425
Total current liabilities	42,792	44,271
Deferred revenue, non-current	7,035	7,394
Warrant liabilities	1,652	826
Operating lease liabilities	21,030	22,835
Other non-current liabilities	10,931	8,895
Total liabilities	83,440	84,221
Commitments and contingencies (Note 12)
Stockholders’ equity:
Class A common stock $.0001 par value; 600,000,000 shares authorized at September 30, 2024 and December 31, 2023; 186,557,521 and 181,221,794 shares issued and outstanding at September 30, 2024 and December 31, 2023, respectively	19	18
Class B common stock $.0001 par value; 27,000,000 shares authorized at September 30, 2024 and December 31, 2023; 26,426,937 shares issued and outstanding at September 30, 2024 and December 31, 2023	3	3
Additional paid-in capital	965,839	949,670
Accumulated deficit	(784,029)	(729,638)
Total stockholders’ equity	181,832	220,053
Total liabilities and stockholders’ equity	$265,272	$304,274

** **BUTTERFLY NETWORK, INC.

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.