secwatch.observer — SEC 8-K summary
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Issuer:     Hyperfine, Inc. (HYPR)
CIK:        0001833769
Form:       8-K
Filed at:   2024-03-21T23:59:59+00:00
Accession:  0000950170-24-034697
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1833769/000095017024034697/0000950170-24-034697-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1833769/000095017024034697/hypr-20240321.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-034697

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