YOLFTbeta
Heartbeam Inc

Heartbeam Inc

BEAT · NASDAQ · Healthcare / Health Information Services

0.3955USD-0.01 (-2.03%)

Price History

Full chart

Market Stats

Previous Close0.4037
Open0.39
Day Range0.363 – 0.4046
52-Week Range0.355 – 4.00
Volume795.71K
Market Cap21.36M
P/E (TTM)0.00
Forward P/E0.00
EPS-0.51
Dividend Yield0.00%
Beta-0.80
50-Day Avg0.4849
200-Day Avg1.12

About

HeartBeam, Inc. operates as a medical technology company that focuses on developing and commercializing electrocardiogram solutions that enable the detection and monitoring of cardiac disease outside a healthcare facility. The company develops HeartBeam System, a cable-free and ambulatory 12L ECG that captures the heart's electrical signals from three dimensions for high-fidelity data collection and advanced diagnostics for arrhythmia assessment which consists of credit card sized 3D ECG recording device, a patient application, a physician portal, and powerful cloud-based algorithms. HeartBeam, Inc. was incorporated in 2015 and is based in Santa Clara, California.

Company Details

  • SectorHealthcare
  • IndustryHealth Information Services
  • CEOMr. Richard M. Ferrari
  • Employees16
  • Headquarters2118 Walsh Avenue, Santa Clara, CA, United States, 95050, USA
  • Websitehttps://www.heartbeam.com

Leadership

  • Mr. Richard M. FerrariExecutive Chairman · b. 1954
  • Dr. Branislav Vajdic Ph.D.Founder, President & Director · b. 1955
  • Mr. Timothy CruickshankChief Financial Officer · b. 1982
  • Mr. Kenneth PersenChief System Development Officer
  • Dr. Peter J. Fitzgerald FACC, M.D., Ph.D.Member of Scientific Advisory Board & Chief Medical Advisor · b. 1957
  • Ms. Richa GujaratiSenior Vice President of Product
  • Dr. Lance Myers Ph.D.Chief Artificial Intelligence Scientist
  • Mr. Bryan HumbargerChief Commercial Officer

Financials

Income Statement

Currency: USD2003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue7.92M22.23M30.94M33.92M72.99M120.45M140.62M119.92M119.02M111.49M129.50M166.58M178.51M208.33M286.78M399.47M439.11M000000
Growth (%)-+180.59%+39.17%+9.65%+115.17%+65.02%+16.74%-14.72%-0.75%-6.32%+16.15%+28.63%+7.16%+16.70%+37.65%+39.30%+9.92%-100.00%-----
Cost of Revenue5.66M16.97M-12.70M25.53M39.91M48.69M47.49M49.08M45.59M50.43M73.11M71.96M78.88M114.41M148.99M164.83M----7.00K40.00K
Gross Profit2.26M5.26M30.94M21.22M47.47M80.54M91.93M72.43M69.95M65.90M79.07M93.46M106.56M129.45M172.37M250.49M274.27M-----7.00K-40.00K
Gross Margin28.51%23.66%100.00%62.56%65.03%66.86%65.38%60.40%58.77%59.11%61.06%56.11%59.69%62.14%60.11%62.70%62.46%------
Operating Expense14.98M25.36M025.71M47.22M65.97M99.60M87.47M80.61M63.69M70.67M82.00M82.98M93.59M135.02M166.48M274.57M----19.88M21.10M
Operating Income-12.73M-20.10M30.94M-4.49M241.61K14.57M-7.67M-15.04M-10.66M2.21M8.40M11.46M23.58M35.86M37.35M84.00M-294.00K-788.00K-2.29M-13.03M-15.31M-19.89M-21.14M
Operating Margin-160.62%-90.41%100.00%-13.23%0.33%12.10%-5.45%-12.54%-8.96%1.98%6.48%6.88%13.21%17.21%13.02%21.03%-0.07%------
EBITDA-12.68M-20.95M-11.46M-4.99M4.19M19.55M-9.52M-7.52M-49.05M-3.43M5.21M444.00K20.38M30.04M24.25M92.05M42.68M-788.00K-2.26M-12.90M675.00K-19.44M-20.98M
EBITDA Margin-160.04%-94.22%-37.05%-14.70%5.74%16.23%-6.77%-6.27%-41.21%-3.08%4.03%0.27%11.42%14.42%8.46%23.04%9.72%------
Net Income-12.68M-20.95M-11.46M-7.64M-358.00K9.21M-20.48M-19.86M-61.42M-12.20M-7.32M-9.79M7.43M53.44M-15.96M42.82M-778.00K-1.35M-4.43M-12.83M-14.64M-19.45M-21.02M
Net Income Margin-160.04%-94.22%-37.05%-22.54%-0.49%7.64%-14.56%-16.56%-51.61%-10.94%-5.65%-5.88%4.16%25.65%-5.56%10.72%-0.18%------
R&D4.44M2.41M-3.63M3.78M4.00M5.81M4.90M5.70M4.66M7.34M7.40M7.11M8.36M11.10M11.21M41.00K133.00K255.00K5.68M6.80M11.05M13.45M
R&D as % of Total Revenue56.01%10.85%-10.70%5.18%3.32%4.13%4.08%4.79%4.18%5.67%4.44%3.98%4.01%3.87%2.81%0.01%------
Interest Expense-----170.00K12.00K3.00K-299.00K----4.90M9.43M242.00K280.00K2.17M66.00K---
Interest Expense % of Total Revenue-----0.14%0.01%0.00%-0.27%----1.71%2.36%0.06%------

Balance Sheet

Currency: USD2003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets22.15M22.80M-17.17M103.04M165.77M168.32M156.69M94.97M90.01M87.55M124.78M124.14M198.98M524.56M586.80M7.00K51.00K14.00M4.04M17.13M3.28M5.84M
Total Liabilities14.15M25.57M-37.03M129.90M15.66M18.97M21.76M16.98M20.01M20.72M61.10M48.22M60.07M274.86M276.32M3.73M4.84M588.00K1.67M1.19M1.62M3.24M
Total Equity8.00M-2.76M--19.86M-26.87M150.12M149.35M134.93M78.00M70.00M66.83M63.68M75.93M138.91M250.76M310.49M-3.73M-4.79M13.41M2.37M15.94M1.65M2.60M
Cash10.11M5.72M-3.91M18.09M58.17M49.15M18.70M18.53M18.30M22.15M20.01M18.99M23.05M36.02M80.89M5.00K24.00K13.19M3.59M16.19M2.38M4.38M
Total Debt---29.49M2.79M121.00K----656.00K24.01M23.19M25.16M199.36M198.55M3.42M4.29M-----
Net Debt-10.11M-5.72M-25.58M-15.30M-58.05M-49.15M-18.70M-18.53M-18.30M-21.50M4.00M4.21M2.11M163.33M117.66M3.42M4.27M-13.19M-3.59M-16.19M-2.38M-4.38M

Cash Flow

Currency: USD2006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-2.91M-237.64K10.31M7.90M10.36M5.03M5.74M11.26M8.81M14.35M38.85M23.78M72.75M-218.00K-600.00K-3.23M-9.95M-12.09M-14.47M-13.99M
Investing Cash Flow-913.67K-58.96M-16.64M-19.94M-42.29M-5.71M-6.42M-8.17M-26.88M-13.60M-36.18M-177.19M-28.85M-----256.00K-201.00K-600.00K
Financing Cash Flow4.98M73.38M46.41M3.02M1.48M509.00K440.00K763.00K15.93M-1.77M1.43M166.46M601.00K206.00K619.00K16.40M350.00K24.99M866.00K16.59M
Capital Expenditure913.67K13.05M11.80M19.94M5.25M3.95M5.96M8.17M12.78M13.60M10.90M13.70M24.64M30.71M000256.00K201.00K600.00K
Free Cash Flow-3.83M-13.29M-1.50M-12.03M5.12M1.08M-219.00K3.09M-3.97M750.00K27.95M10.09M48.11M-218.00K-600.00K-3.23M-9.95M-12.35M-14.67M-14.59M
FCF to OCF131.37%5591.92%-14.51%-152.25%49.36%21.39%-3.81%27.44%-45.06%5.23%71.95%42.41%66.13%100.00%100.00%100.00%100.00%102.12%101.39%104.29%

Earnings

Report DateApr 29, 2008Jul 22, 2008Oct 30, 2008Feb 17, 2009Apr 30, 2009Aug 5, 2009Nov 6, 2009Feb 17, 2010Apr 28, 2010Jul 28, 2010Nov 8, 2010Feb 17, 2011May 3, 2011Aug 8, 2011Nov 8, 2011Feb 22, 2012May 8, 2012Aug 8, 2012Nov 5, 2012Nov 5, 2013Feb 26, 2014May 6, 2014Aug 1, 2014Oct 30, 2014Feb 19, 2015May 6, 2015Aug 6, 2015Nov 9, 2015Feb 17, 2016Apr 26, 2016Aug 2, 2016Nov 2, 2016Feb 22, 2017May 3, 2017Aug 8, 2017Nov 7, 2017Feb 22, 2018Apr 25, 2018Jul 25, 2018Oct 30, 2018Feb 21, 2019Apr 25, 2019Jul 30, 2019Nov 5, 2019Feb 26, 2020May 6, 2020Jul 30, 2020Oct 29, 2020Mar 31, 2021Jun 30, 2021Jul 9, 2021Dec 16, 2021Mar 24, 2022May 12, 2022Aug 11, 2022Nov 10, 2022Mar 16, 2023May 11, 2023Aug 10, 2023Nov 14, 2023Mar 20, 2024May 9, 2024Aug 14, 2024Nov 7, 2024Mar 13, 2025May 13, 2025Aug 13, 2025Nov 13, 2025Mar 19, 2026May 13, 2026Aug 13, 2026Nov 12, 2026
EPS Estimate0.020.070.100.150.030.050.03-0.14-0.18-0.10-0.05-0.16-0.15-0.06-0.08-0.16-0.11-0.04-0.09-0.02-0.040.000.010.020.060.020.090.100.110.100.170.180.180.160.210.250.240.230.310.320.430.410.450.500.480.430.160.380.000.000.00-0.32-0.11-0.19-0.27-0.34-0.37-0.33-0.20-0.13-0.13-0.15-0.16-0.17-0.17-0.15-0.16-0.15-0.15-0.13-0.10-0.09
EPS Actual0.020.080.110.160.040.06-0.10-0.24-0.13-0.02-0.25-0.13-0.02-0.05-0.21-0.04-0.10-0.01-0.12-0.120.00-0.040.020.060.050.060.120.130.150.200.200.210.230.160.230.160.320.390.460.530.560.420.530.520.480.450.350.45-0.06-0.26-0.02-0.32-0.24-0.27-0.43-0.44-0.45-0.50-0.16-0.13-0.15-0.17-0.19-0.19-0.73-0.18-0.15-0.15-0.14-0.12-0.10-
Surprise0.00%14.29%10.00%6.67%33.33%20.00%-433.33%-71.43%27.78%80.00%-400.00%18.75%86.67%16.67%-162.50%75.00%9.09%75.00%-33.33%-500.00%100.00%-100.00%200.00%-16.67%200.00%33.33%30.00%36.36%100.00%17.65%16.67%27.78%0.00%9.52%-36.00%33.33%69.57%48.39%65.63%30.23%2.44%17.78%4.00%0.00%4.65%118.75%18.42%---0.00%-118.18%-42.11%-59.26%-29.41%-21.62%-51.52%20.00%0.00%-15.38%-13.33%-18.75%-11.76%-329.41%-20.00%6.25%0.00%9.68%7.69%0.00%-
Timing-----------------------After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours---After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap21.36M
Enterprise Value53.96M
Trailing P/E0.00
Forward P/E0.00
Price / Sales0.00
Price / Book14.11
EPS-0.51
Book Value0.145
Revenue (TTM)0
Gross Profit (TTM)0
EBITDA-20.30M
Profit Margin0.00%
Operating Margin0.00%
Return on Equity-328.44%
Return on Assets-153.52%
Shares Outstanding56.35M
Shares Float47.51M
Beta-0.80
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Buy
Based on 2 analystsTarget 3.50
  • Strong Buy
    1
  • Hold
    1

Ownership Breakdown

Institutions
14.40%
Insiders
19.57%
Retail / Other
66.03%

Top Institutional Holders

  • Vanguard Capital Management, LLC
    1.20M2.13%
  • BlackRock Inc
    898.32K1.59%
  • Geode Capital Management, LLC
    377.21K0.67%
  • Smith, Salley & Associates, LLC
    367.65K0.65%
  • UBS Group AG
    335.19K0.59%
  • Sigma Planning Corp
    247.70K0.44%
  • Beacon Pointe Advisors, LLC
    247.46K0.44%
  • Comprehensive Portfolio Management, LLC
    208.19K0.37%
  • O'Shaughnessy Asset Management LLC
    208.19K0.37%
  • KESTRA PRIVATE WEALTH SERVICES, LLC
    173.44K0.31%
  • Vanguard Fiduciary Trust Co
    150.06K0.27%
  • State Street Corp
    125.47K0.22%
  • Spectrum Asset Management Inc
    100.40K0.18%
  • Cannon Financial Strategists, INC.
    72.79K0.13%
  • Morgan Stanley - Brokerage Accounts
    58.60K0.10%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    1.45M2.57%
  • Abante Quant Value FI
    256.99K0.46%
  • Fidelity Extended Market Index
    247.79K0.44%
  • iShares Micro-Cap ETF
    154.58K0.27%
  • Fidelity Series Total Market Index
    73.69K0.13%