secwatch.observer — SEC 8-K summary
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Issuer:     Hyperfine, Inc. (HYPR)
CIK:        0001833769
Form:       8-K
Filed at:   2023-11-09T23:59:59+00:00
Accession:  0000950170-23-062049
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hyperfine Q3 revenue $2.33M flat YoY; net loss narrows to $10.76M
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- Q3 revenue $2.33M (vs $2.35M YoY); sold 6 commercial Swoop systems in quarter.
- Gross margin improved to 48% from 29% YoY; net loss $10.76M ($0.15 loss per share) vs $13.17M ($0.19).
- Nine-month revenue $8.35M (up 55% YoY); net loss $33.55M vs $60.11M.
- FY 2023 guidance: revenue $11-13M; cash burn $41-44M.
- Received FDA clearance for latest AI-powered software; Alzheimer's feasibility study upcoming.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1833769/000095017023062049/0000950170-23-062049-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1833769/000095017023062049/hypr-20231109.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-062049

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer