Last 7 days
-3.4%
Last 30 days
-39.8%
Last 90 days
-52.7%
Trailing 12 Months
-76.2%
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
2023-09-25 | Stoica Andrei G | sold | -3,976 | 1.205 | -3,300 | chief technology officer |
2023-09-06 | Stoica Andrei G | sold | -21,678 | 1.857 | -11,674 | chief technology officer |
2023-08-30 | DEVIVO JOSEPH | bought | 18,100 | 1.81 | 10,000 | president & ceo |
2023-07-13 | Getz Heather C | acquired | - | - | 200,000 | evp, cfo & coo |
2023-07-05 | Getz Heather C | sold | -143,482 | 2.188 | -65,577 | evp & chief financial officer |
2023-07-05 | Stoica Andrei G | sold | -99,845 | 2.188 | -45,633 | chief technology officer |
2023-07-05 | Weiss Lawrence T | sold | -60,509 | 2.188 | -27,655 | clo, gc and corp sec |
2023-07-03 | Stoica Andrei G | sold | -3,940 | 2.336 | -1,687 | chief technology officer |
2023-06-23 | Stoica Andrei G | sold | -7,060 | 2.1 | -3,362 | chief technology officer |
2023-06-20 | Schwartz Erica | acquired | - | - | 65,789 | - |
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-09-20 | BARCLAYS PLC | reduced | -21.12 | -4,000 | 123,000 | -% |
2023-08-23 | WOLVERINE TRADING, LLC | added | 338 | 94,502 | 112,502 | -% |
2023-08-21 | VisionPoint Advisory Group, LLC | new | - | 575 | 575 | -% |
2023-08-21 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | added | 15.01 | 113,770 | 393,270 | -% |
2023-08-21 | OSAIC HOLDINGS, INC. | added | 20.07 | 123,758 | 388,823 | -% |
2023-08-16 | Nuveen Asset Management, LLC | added | 3.58 | 221,000 | 1,044,000 | -% |
2023-08-16 | Sunbelt Securities, Inc. | unchanged | - | 3,612 | 12,588 | -% |
2023-08-15 | Castleview Partners, LLC | unchanged | - | 150 | 823 | -% |
2023-08-15 | IMA Wealth, Inc. | unchanged | - | 840 | 4,600 | -% |
2023-08-15 | GOLDMAN SACHS GROUP INC | added | 45.5 | 340,510 | 777,011 | -% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Sep 13, 2023 | rothberg jonathan m | 5.8% | 10,474,911 | SC 13D/A | |
Feb 14, 2023 | fosun industrial co., ltd | 6.2% | 10,716,630 | SC 13G/A | |
Feb 14, 2023 | glenview capital management, llc | 5.54% | 9,746,834 | SC 13D/A | |
Feb 09, 2023 | fmr llc | - | 0 | SC 13G/A | |
Feb 09, 2023 | vanguard group inc | 6.92% | 12,052,848 | SC 13G/A | |
Feb 01, 2023 | blackrock inc. | 6.0% | 10,448,729 | SC 13G/A | |
Sep 16, 2022 | rothberg jonathan m | 6.05% | 10,479,298 | SC 13D/A | |
Mar 28, 2022 | rothberg jonathan m | 6.1% | 10,409,422 | SC 13D/A | |
Mar 11, 2022 | longview investors llc | 2.89% | 4,964,751 | SC 13D/A | |
Feb 09, 2022 | vanguard group inc | 7.72% | 13,179,593 | SC 13G |
Date Filed | Form Type | Document | |
---|---|---|---|
Sep 27, 2023 | 4 | Insider Trading | |
Sep 25, 2023 | 144 | Notice of Insider Sale Intent | |
Sep 13, 2023 | SC 13D/A | 13D - Major Acquisition | |
Sep 08, 2023 | 4 | Insider Trading | |
Sep 06, 2023 | 144 | Notice of Insider Sale Intent | |
Sep 01, 2023 | 4 | Insider Trading | |
Aug 22, 2023 | EFFECT | EFFECT | |
Aug 18, 2023 | CORRESP | CORRESP | |
Aug 18, 2023 | S-3/A | S-3/A | |
Aug 15, 2023 | UPLOAD | UPLOAD |
-51.5%
81.1%
80.5%
76.9%
Y-axis is the maximum loss one would have experienced if Butterfly Network was unfortunately bought at previous high price.
Income Statement (Last 12 Months) | ||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 |
Revenue | -1.0% | 72,564,000 | 73,292,000 | 73,390,000 | 73,394,000 | 68,397,000 | 65,695,000 | 62,565,000 | 59,232,000 | 54,746,000 | 50,025,000 | 46,252,000 | 40,796,000 | 40,924,000 | 34,680,000 | 27,583,000 |
Gross Profit | 0.9% | 40,556,000 | 40,206,000 | 39,460,000 | 37,443,000 | 21,332,000 | 18,980,000 | 17,054,000 | 18,213,000 | -45,916,000 | -53,971,000 | -61,223,000 | -93,229,333 | -1,342,000 | -3,344,000 | -20,895,000 |
Operating Expenses | -7.7% | 201,901,000 | 218,742,000 | 232,480,000 | 226,768,000 | 221,612,000 | 207,492,000 | 209,782,000 | 187,846,000 | 158,558,000 | 136,887,000 | 100,396,000 | 92,648,000 | 93,818,000 | 94,692,000 | 81,401,000 |
S&GA Expenses | -12.3% | 48,010,000 | 54,720,000 | 59,888,000 | 62,505,000 | 60,897,000 | 54,999,000 | 49,604,000 | 43,406,000 | 34,741,000 | 30,156,000 | 26,263,000 | 23,210,667 | 23,740,000 | 23,660,000 | 14,282,000 |
R&D Expenses | -9.2% | 74,555,000 | 82,149,000 | 89,121,000 | 89,999,000 | 88,499,000 | 82,367,000 | 74,461,000 | 67,769,000 | 58,086,000 | 52,938,000 | 49,738,000 | 48,569,333 | 48,912,000 | 50,064,000 | 48,934,000 |
EBITDA | 100.0% | - | -150,466,000 | -162,744,000 | -145,368,000 | - | -72,960,000 | -29,547,000 | 122,431,784 | 43,905,784 | -183,275,901 | -160,249,000 | -62,067,845 | -93,728,000 | -96,216,000 | - |
EBITDA Margin | 100.0% | - | -2.05 | -2.22 | -1.98 | - | -1.11 | -0.47 | 2.07 | 0.80 | -3.66 | -3.46 | -1.52 | -2.29 | -2.77 | - |
Interest Expenses | - | - | - | 2,000 | 16,000 | - | - | 651,000 | 1,368,000 | 1,668,000 | 1,774,000 | 1,141,000 | 557,333 | 236,000 | 20,000 | - |
Earnings Before Taxes | 4.5% | -150,574,000 | -157,675,000 | -168,681,000 | -150,120,000 | -108,969,000 | -76,082,000 | -32,288,000 | -40,056,000 | -118,688,000 | -139,028,000 | -162,706,000 | -186,361,333 | -95,150,000 | -97,376,000 | -99,697,000 |
EBT Margin | 100.0% | - | -2.15 | -2.30 | -2.05 | -1.59 | -1.16 | -0.52 | 2.01 | 0.74 | -3.73 | -3.52 | -1.56 | -2.33 | -2.81 | -3.61 |
Net Income | 4.5% | -150,656,000 | -157,786,000 | -168,723,000 | -150,236,000 | -109,055,000 | -76,196,000 | -32,409,000 | -40,135,000 | -118,782,000 | -139,081,000 | -162,745,000 | -186,404,000 | -95,190,000 | -97,416,000 | -99,697,000 |
Net Income Margin | 100.0% | - | -2.15 | -2.30 | -2.05 | -1.59 | -1.16 | -0.52 | -3.03 | -3.04 | -3.27 | -3.52 | -0.01 | 0.00 | 0.00 | -3.61 |
Free Cashflow | 100.0% | - | -173,271,000 | -187,417,000 | -203,264,000 | -205,113,000 | -191,088,000 | -197,064,000 | -150,637,503 | -102,998,588 | -48,108,549 | -3,542,549 | -4,188,061 | -4,603,922 | -80,600,000 | -124,900,000 |
Balance Sheet | (In Millions) | ||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 |
Assets | -4.5% | 365 | 382 | 418 | 443 | 497 | 535 | 572 | 580 | 631 | 647 | 147 | 415 | 415 | - |
Current Assets | -9.5% | 292 | 323 | 357 | 372 | 426 | 474 | 512 | 544 | 591 | 605 | 97.00 | 1.00 | 1.00 | - |
Cash Equivalents | -13.9% | 167 | 194 | 163 | 193 | 311 | 360 | 423 | 153 | 20.00 | 19.00 | 60.00 | 52.00 | 73.00 | - |
Inventory | 25.1% | 87.00 | 69.00 | 60.00 | 58.00 | 66.00 | 48.00 | 36.00 | 24.00 | 47.00 | 36.00 | 26.00 | - | - | - |
Net PPE | -4.1% | 29.00 | 30.00 | 31.00 | 31.00 | 29.00 | 23.00 | 15.00 | 9.00 | 7.00 | 7.00 | 7.00 | - | - | - |
Liabilities | 1.6% | 87.00 | 86.00 | 92.00 | 100 | 110 | 123 | 124 | 129 | 185 | 211 | 148 | 35.00 | 27.00 | - |
Current Liabilities | 2.3% | 46.00 | 45.00 | 51.00 | 46.00 | 62.00 | 51.00 | 50.00 | 45.00 | 58.00 | 52.00 | 70.00 | 0.00 | 0.00 | 0.00 |
Shareholder's Equity | -6.2% | 278 | 296 | 325 | 344 | 387 | 413 | 448 | 451 | 446 | 436 | 5.00 | 5.00 | 5.00 | 0.00 |
Retained Earnings | -4.6% | -658 | -629 | -595 | -562 | -507 | -471 | -427 | -412 | -398 | -395 | -394 | -13.07 | -4.89 | - |
Additional Paid-In Capital | 1.1% | 936 | 926 | 921 | 906 | 894 | 884 | 875 | 863 | 845 | 832 | 33.00 | 18.00 | 10.00 | 0.00 |
Shares Outstanding | 1.1% | 205 | 203 | - | 200 | 199 | 199 | - | 196 | 192 | 106 | 10.00 | 6.00 | 6.00 | 9.00 |
Cashflow (Last 12 Months) | (In Thousands) | |||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 |
Cashflow From Operations | 11.1% | -140,624 | -158,133 | -169,115 | -183,033 | -187,487 | -179,994 | -189,187 | -167,033 | -142,223 | -125,457 | -81,700 | -81,436 | -78,812 | -78,680 | -120,432 |
Share Based Compensation | 1.7% | 38,625 | 37,986 | 42,531 | 36,457 | 37,778 | 36,230 | 47,798 | 42,046 | 33,694 | 28,619 | 11,004 | 10,303 | 10,690 | 10,732 | 6,038 |
Cashflow From Investing | 42.9% | -8,227 | -14,418 | -93,779 | 218,601 | 470,895 | 513,821 | -9,870 | -319,548 | -492,811 | -530,093 | -2,376 | -3,462 | -3,816 | -1,920 | -4,468 |
Cashflow From Financing | -1.0% | 2,308 | 2,331 | 2,881 | 5,137 | 10,730 | 15,974 | 565,692 | 592,221 | 585,211 | 604,394 | 54,280 | 33,811 | 49,480 | 616 | 324 |
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended | ||
---|---|---|---|---|
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2023 | Jun. 30, 2022 | |
Revenue: | ||||
Total revenue | $ 18,487 | $ 19,215 | $ 33,963 | $ 34,789 |
Cost of revenue: | ||||
Total cost of revenue | 7,565 | 8,643 | 13,952 | 15,874 |
Gross profit | 10,922 | 10,572 | 20,011 | 18,915 |
Operating expenses: | ||||
Research and development | 15,626 | 23,220 | 32,277 | 46,843 |
Sales and marketing | 9,728 | 16,438 | 19,761 | 31,640 |
General and administrative | 14,660 | 18,677 | 25,678 | 37,477 |
Other | 2,172 | 692 | 8,605 | 942 |
Total operating expenses | 42,186 | 59,027 | 86,321 | 116,902 |
Loss from operations | (31,264) | (48,455) | (66,310) | (97,987) |
Interest income | 2,027 | 260 | 3,811 | 270 |
Change in fair value of warrant liabilities | 620 | 12,805 | 413 | 17,968 |
Other income (expense), net | (60) | (388) | (44) | (488) |
Loss before provision for income taxes | (28,677) | (35,778) | (62,130) | (80,237) |
Provision (benefit) for income taxes | (6) | 23 | 81 | 41 |
Net loss and comprehensive loss | $ (28,671) | $ (35,801) | $ (62,211) | $ (80,278) |
Net loss per common share - basic | $ (0.14) | $ (0.18) | $ (0.31) | $ (0.40) |
Net loss per common share - diluted | $ (0.14) | $ (0.18) | $ (0.31) | $ (0.40) |
Weighted-average common shares outstanding - basic | 204,895,341 | 199,399,356 | 203,737,044 | 199,200,909 |
Weighted-average common shares outstanding - diluted | 204,895,341 | 199,399,356 | 203,737,044 | 199,200,909 |
Product | ||||
Revenue: | ||||
Total revenue | $ 12,273 | $ 13,429 | $ 21,121 | $ 24,443 |
Cost of revenue: | ||||
Total cost of revenue | 5,487 | 6,799 | 9,836 | 12,947 |
Software and other services | ||||
Revenue: | ||||
Total revenue | 6,214 | 5,786 | 12,842 | 10,346 |
Cost of revenue: | ||||
Total cost of revenue | $ 2,078 | $ 1,844 | $ 4,116 | $ 2,927 |
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands | Jun. 30, 2023 | Dec. 31, 2022 |
---|---|---|
Current assets: | ||
Cash and cash equivalents | $ 166,806 | $ 162,561 |
Marketable securities | 75,250 | |
Accounts receivable, net | 17,781 | 14,685 |
Inventories | 86,825 | 59,970 |
Current portion of vendor advances | 10,207 | 35,182 |
Prepaid expenses and other current assets | 10,212 | 9,489 |
Total current assets | 291,831 | 357,137 |
Property and equipment, net | 29,209 | 31,331 |
Non-current portion of vendor advances | 15,441 | |
Operating lease assets | 20,566 | 21,567 |
Other non-current assets | 7,541 | 7,535 |
Total assets | 364,588 | 417,570 |
Current liabilities: | ||
Accounts payable | 8,386 | 7,211 |
Deferred revenue, current | 13,725 | 15,856 |
Accrued purchase commitments, current | 531 | 2,146 |
Accrued expenses and other current liabilities | 23,197 | 26,116 |
Total current liabilities | 45,839 | 51,329 |
Deferred revenue, non-current | 6,026 | 4,957 |
Warrant liabilities | 4,957 | 5,370 |
Operating lease liabilities | 28,699 | 29,966 |
Other non-current liabilities | 1,362 | 588 |
Total liabilities | 86,883 | 92,210 |
Commitments and contingencies (Note 13) | ||
Stockholders' equity: | ||
Additional paid-in capital | 935,833 | 921,278 |
Accumulated deficit | (658,149) | (595,938) |
Total stockholders' equity | 277,705 | 325,360 |
Total liabilities and stockholders' equity | 364,588 | 417,570 |
Class A Common Stock | ||
Stockholders' equity: | ||
Common stock | 18 | 17 |
Class B Common Stock | ||
Stockholders' equity: | ||
Common stock | $ 3 | $ 3 |