Butterfly Network, Inc. financial data

Symbol
BFLY, BFLY-WT on NYSE
Industry
X-Ray Apparatus & Tubes & Related Irradiation Apparatus
Location
1600 District Avenue, Burlington, MA
State of incorporation
DE
Fiscal year end
December 31
Former names
Longview Acquisition Corp. (to 2/11/2021)
Latest financial report
10-Q - Q2 2024 - Aug 1, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 534 % -25.4%
Quick Ratio 184 % +25.9%
Debt-to-equity 36.6 % +24.7%
Return On Equity -49.8 % -2.64%
Return On Assets -36.4 % +2.8%
Operating Margin -168 % +24.6%

Shares

Label TTM Value / Value Unit Change %
Entity Public Float 356M USD -22.4%
Weighted Average Number of Shares Outstanding, Basic 212M shares +3.3%
Weighted Average Number of Shares Outstanding, Diluted 212M shares +3.3%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 71.1M USD -2.05%
Cost of Revenue 51.4M USD +60.5%
Research and Development Expense 43.5M USD -40.8%
Selling and Marketing Expense 39.4M USD -17.2%
General and Administrative Expense 44.4M USD -32.4%
Operating Income (Loss) -119M USD +26.2%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -109M USD +27.7%
Income Tax Expense (Benefit) 21K USD -74.7%
Net Income (Loss) Attributable to Parent -109M USD +27.7%
Earnings Per Share, Basic -0.51 USD/shares +32%
Earnings Per Share, Diluted -0.51 USD/shares +32%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 102M USD -38.8%
Marketable Securities, Current 75.3M USD
Accounts Receivable, after Allowance for Credit Loss, Current 16.1M USD -9.38%
Inventory, Net 74.2M USD -14.6%
Assets, Current 204M USD -29.9%
Property, Plant and Equipment, Net 23M USD -21.4%
Operating Lease, Right-of-Use Asset 15M USD -27.2%
Intangible Assets, Net (Excluding Goodwill) 9.62M USD
Other Assets, Noncurrent 5.85M USD -22.4%
Assets 273M USD -25.1%
Accounts Payable, Current 4.51M USD -46.2%
Employee-related Liabilities, Current 5.57M USD -27.7%
Contract with Customer, Liability, Current 14.8M USD +7.48%
Liabilities, Current 40.8M USD -11%
Contract with Customer, Liability, Noncurrent 7.36M USD +22.1%
Operating Lease, Liability, Noncurrent 21.7M USD -24.6%
Other Liabilities, Noncurrent 8.58M USD +530%
Liabilities 78.8M USD -9.32%
Retained Earnings (Accumulated Deficit) -767M USD -16.6%
Stockholders' Equity Attributable to Parent 194M USD -30%
Liabilities and Equity 273M USD -25.1%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -20.7M USD +52.2%
Net Cash Provided by (Used in) Financing Activities 0 USD -100%
Net Cash Provided by (Used in) Investing Activities -1.14M USD -102%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -21.8M USD -169%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 106M USD -38%
Deferred Tax Assets, Valuation Allowance 221M USD +18.2%
Deferred Tax Assets, Gross 225M USD +17%
Operating Lease, Liability 25M USD -21.5%
Payments to Acquire Property, Plant, and Equipment 1.14M USD -15.2%
Property, Plant and Equipment, Gross 45.5M USD +2.16%
Operating Lease, Liability, Current 2.32M USD -2.76%
Lessee, Operating Lease, Liability, to be Paid, Year Two 3.66M USD -17.4%
Lessee, Operating Lease, Liability, to be Paid, Year One 3.56M USD +1.89%
Operating Lease, Weighted Average Discount Rate, Percent 0.06 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 6.51M USD -24.9%
Lessee, Operating Lease, Liability, to be Paid, Year Three 3.75M USD -19.4%
Deferred Tax Assets, Operating Loss Carryforwards 151M USD +11.4%
Lessee, Operating Lease, Liability, to be Paid, Year Four 3.84M USD -19.5%
Additional Paid in Capital 961M USD +2.73%
Depreciation, Depletion and Amortization 2.11M USD +152%
Deferred Tax Assets, Net of Valuation Allowance 3.88M USD -25%
Share-based Payment Arrangement, Expense 24.8M USD -35.9%
Interest Expense 300K USD