secwatch.observer — SEC 8-K summary
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Issuer:     Hyperfine, Inc. (HYPR)
CIK:        0001833769
Form:       8-K
Filed at:   2024-05-13T23:59:59+00:00
Accession:  0000950170-24-058664
Event type: earnings
Sentiment:  positive
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hyperfine Q1 revenue up 25% to $3.30M; net loss narrows to $0.14/share
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- Revenue $3.30M, up 25% YoY from $2.64M; 13 commercial Swoop systems sold in Q1.
- Net loss $9.85M ($0.14 loss per share), improved from $12.16M loss ($0.17) in Q1 2023.
- Launched 8th gen AI software; began CARE PMR Alzheimer's study; >100 patients in stroke study.
- Full-year 2024 revenue guidance $12-15M; cash burn guidance ~$40M.
- Gross margin $1.35M; SG&A expense down 26% YoY to $6.43M; R&D $5.57M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1833769/000095017024058664/0000950170-24-058664-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1833769/000095017024058664/hypr-20240513.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-058664

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