---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-034697"
form_type: "8-K"
ticker: "HYPR"
cik: "0001833769"
company_name: "Hyperfine, Inc."
filed_at: "2024-03-21T23:59:59+00:00"
generated_at: "2026-06-04T10:23:19.171630+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Hyperfine reports Q4 2023 revenue up 89% YoY to $2.69M; FY2023 net loss narrows to $44.2M

## Summary
- Full year 2023 revenue $11.03M (+62% YoY); Q4 revenue $2.69M (+89% YoY).
- Sold 37 commercial Swoop systems in 2023 (7 in Q4).
- Net loss narrowed to $44.24M ($0.62/share) from $73.16M ($1.04/share) in 2022.
- Cash burn reduced from $71M in 2022 to $42M in 2023; cash $75.18M at year-end, runway into early 2026.
- FY2024 revenue guidance $12-15M; Q1 2024 expected over $3M.

## SEC filing metadata
- accession: 0000950170-24-034697
- form_type: 8-K
- ticker: HYPR
- cik: 0001833769
- company_name: Hyperfine, Inc.
- filed_at: 2024-03-21T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1833769/000095017024034697/0000950170-24-034697-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1833769/000095017024034697/hypr-20240321.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-034697
- JSON: https://secwatch.observer/filing/0000950170-24-034697.json
- Plain text: https://secwatch.observer/filing/0000950170-24-034697.txt

## Key facts
- Earnings Releases
  Hyperfine, Inc. reported the fourth quarter ended December 31, 2023 results: revenue $2.69 million, net income net loss of $10.68 million, equating to a net loss of $0.15 per share.
  - Period: the fourth quarter ended December 31, 2023
  - Revenue: $2.69 million
  - Net income: net loss of $10.68 million, equating to a net loss of $0.15 per share
  - Result: reported results
  source text: • Revenues for the fourth quarter of 2023 were $2.69 million, up 89%, compared to $1.42 million in the fourth quarter of 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1833769/000095017024034697/0000950170-24-034697-index.htm
- Earnings Releases
  Hyperfine, Inc. reported the fiscal year ended December 31, 2023 results: revenue $11.03 million, net income Net loss for the full year 2023 was $44.24 million, equating to a net loss of $0.62 per share. Guidance initiated.
  - Period: the fiscal year ended December 31, 2023
  - Revenue: $11.03 million
  - Net income: Net loss for the full year 2023 was $44.24 million, equating to a net loss of $0.62 per share
  - Guidance: initiated
  - Result: reported results
  source text: • Revenues for the full year 2023 were $11.03 million, up 62%, compared to $6.81 million in 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1833769/000095017024034697/0000950170-24-034697-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.