Butterfly Network, Inc. financial data

Symbol
BFLY, BFLY-WT on NYSE
Industry
X-Ray Apparatus & Tubes & Related Irradiation Apparatus
Location
1600 District Avenue, Burlington, Massachusetts
State of incorporation
Delaware
Fiscal year end
December 31
Former names
Longview Acquisition Corp. (to 2/11/2021)
Latest financial report
Q1 2024 - May 1, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 568 % -21.5%
Quick Ratio 186 % +49.9%
Debt-to-equity 34.2 % +19.4%
Return On Equity -50.8 % -8.91%
Return On Assets -37.9 % -4.38%
Operating Margin -196 % +19.7%

Shares

Label TTM Value / Value Unit Change %
Entity Public Float 356M USD -22.4%
Weighted Average Number of Shares Outstanding, Basic 209M shares +3.11%
Weighted Average Number of Shares Outstanding, Diluted 209M shares +3.11%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 68.1M USD -7.11%
Cost of Revenue 50M USD +51.2%
Research and Development Expense 49.7M USD -38.7%
Selling and Marketing Expense 39.4M USD -27.4%
General and Administrative Expense 49M USD -29.8%
Operating Income (Loss) -133M USD +25.4%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -122M USD +22.7%
Income Tax Expense (Benefit) -2K USD -102%
Net Income (Loss) Attributable to Parent -122M USD +22.7%
Earnings Per Share, Basic -0.58 USD/shares +26.6%
Earnings Per Share, Diluted -0.58 USD/shares +26.6%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 113M USD -41.9%
Marketable Securities, Current 75.3M USD
Accounts Receivable, after Allowance for Credit Loss, Current 13.9M USD +3.26%
Inventory, Net 74.5M USD +7.33%
Assets, Current 213M USD -33.9%
Property, Plant and Equipment, Net 24.4M USD -19.8%
Operating Lease, Right-of-Use Asset 15.3M USD -27.3%
Intangible Assets, Net (Excluding Goodwill) 9.97M USD
Other Assets, Noncurrent 6.13M USD -19.6%
Assets 284M USD -25.5%
Accounts Payable, Current 5.81M USD +6.98%
Employee-related Liabilities, Current 5M USD -37.3%
Contract with Customer, Liability, Current 14.5M USD -3.14%
Liabilities, Current 41.5M USD -7.25%
Contract with Customer, Liability, Noncurrent 7.22M USD +66.1%
Operating Lease, Liability, Noncurrent 22.3M USD -24.4%
Other Liabilities, Noncurrent 8.24M USD +495%
Liabilities 80.3M USD -6.14%
Retained Earnings (Accumulated Deficit) -751M USD -19.4%
Stockholders' Equity Attributable to Parent 204M USD -31.1%
Liabilities and Equity 284M USD -25.5%

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 228K USD -92.1%
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 117M USD -41.1%
Deferred Tax Assets, Valuation Allowance 221M USD +18.2%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
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 44.7M USD +2.51%
Operating Lease, Liability, Current 2.26M USD +5.11%
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%
Operating Lease, Payments 3.12M USD +52.8%
Additional Paid in Capital 955M USD +3.22%
Current Federal Tax Expense (Benefit) 0 USD
Amortization of Intangible Assets 3.3M USD +560%
Depreciation, Depletion and Amortization 8.7M USD +47.5%
Deferred Tax Assets, Net of Valuation Allowance 3.88M USD -25%
Share-based Payment Arrangement, Expense 28.8M USD -24.1%
Interest Expense 300K USD