HeartFlow Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Cash & Equivalents	291.17	51.37	122.77
Cash & Short-Term Investments	291.17	51.37	122.77
Cash Growth	137.17%	-58.16%	-
Receivables	27.86	27.09	22.5
Prepaid Expenses	5.37	3.02	2.58
Restricted Cash	-	0.15	-
Other Current Assets	3.39	0.66	0.6
Total Current Assets	327.79	82.29	148.45
Property, Plant & Equipment	25.09	27.73	30.88
Long-Term Accounts Receivable	-	3.7	0.99
Long-Term Deferred Charges	6.68	0.41	-
Other Long-Term Assets	4.84	4.58	4.73
Total Assets	364.4	118.7	185.05
Accounts Payable	1.96	2.87	2.89
Accrued Expenses	27.31	21.83	19.17
Current Portion of Leases	5.52	5.42	5.14
Current Unearned Revenue	0.52	1.04	2.11
Other Current Liabilities	2.54	2.45	3.51
Total Current Liabilities	37.85	33.61	32.82
Long-Term Debt	-	136.43	134.01
Long-Term Leases	16.27	18.54	21.45
Other Long-Term Liabilities	55.72	21.05	5.77
Total Liabilities	109.83	209.62	194.05
Common Stock	0.08	0.02	0.01
Additional Paid-In Capital	1,318	112.23	97.46
Retained Earnings	-1,063	-970.96	-874.53
Comprehensive Income & Other	-0.51	-0.77	-0.5
Total Common Equity	254.57	-859.48	-777.56
Shareholders' Equity	254.57	-90.92	-9
Total Liabilities & Equity	364.4	118.7	185.05
Total Debt	21.79	160.38	160.6
Net Cash (Debt)	269.38	-109.02	-37.83
Net Cash Per Share	15.86	-20.33	-7.74
Filing Date Shares Outstanding	85.16	6.12	4.94
Total Common Shares Outstanding	83.47	6.12	4.94
Working Capital	289.94	48.68	115.63
Book Value Per Share	3.05	-140.39	-157.37
Tangible Book Value	254.57	-859.48	-777.56
Tangible Book Value Per Share	3.05	-140.39	-157.37
Machinery	6.08	5.72	9.94
Construction In Progress	0.22	0.03	0.06
Leasehold Improvements	2.15	2.06	2.06

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q