Butterfly Network, Inc.

For the period ended Mar 31, 2026. Filed Apr 30, 2026.

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.

Mar 31, 2026 · Filed Apr 30, 2026

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)

	March 31,2026	December 31,2025
Assets
Current assets:
Cash and cash equivalents	$137,954	$150,489
Accounts receivable, net of allowance for credit losses of $1,180 and $1,389 at March 31, 2026 and December 31, 2025, respectively	25,210	26,744
Inventories	59,304	61,389
Current portion of vendor advances	2,908	2,063
Prepaid expenses and other current assets	14,413	8,418
Total current assets	239,789	249,103
Property and equipment, net	16,113	16,587
Intangible assets, net	7,166	7,516
Non-current portion of vendor advances	4,970	5,008
Operating lease assets	12,233	12,652
Other non-current assets	5,651	5,667
Total assets	$285,922	$296,533
Liabilities and stockholders’ equity
Current liabilities:
Accounts payable	$2,817	$5,442
Deferred revenue, current	22,659	26,909
Accrued purchase commitments, current	131	131
Warrant liabilities, current	—	413
Accrued expenses and other current liabilities	33,973	32,222
Total current liabilities	59,580	65,117
Deferred revenue, non-current	9,631	9,391
Operating lease liabilities	17,017	17,721
Other non-current liabilities	8,472	8,325
Total liabilities	94,700	100,554
Commitments and contingencies (Note 12)
Stockholders’ equity:
Class A common stock $.0001 par value; 600,000,000 shares authorized at March 31, 2026 and December 31, 2025; 234,777,441 and 227,318,426 shares issued and outstanding at March 31, 2026 and December 31, 2025, respectively	23	23
Class B common stock $.0001 par value; 27,000,000 shares authorized at March 31, 2026 and December 31, 2025; 26,426,937 shares issued and outstanding at March 31, 2026 and December 31, 2025	3	3
Additional paid-in capital	1,083,067	1,075,147
Accumulated deficit	(891,871)	(879,194)
Total stockholders’ equity	191,222	195,979
Total liabilities and stockholders’ equity	$285,922	$296,533

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.