Revenue and Gross Margin Growth
Hyperfine reported revenue of $3.4 million, up 27% sequentially, and a record gross margin of nearly 54% supported by a record average selling price of $361,000.
Successful Launch of Next-Generation Subsystem and Optive AI Software
The launch of the next-generation subsystem and Optive AI software has been well-received, with user feedback indicating readiness for mainstream adoption across various markets.
Strong Balance Sheet and Cash Position
The company raised over $20 million to extend its cash runway into 2027, ensuring sufficient capital for commercial rollout.
Positive Market Reception and Pipeline Expansion
Hyperfine's new technology has driven strong market interest, with a robust sales pipeline across hospital, office, and international markets.
International Market Expansion
Received CE Mark and UK CA Mark approvals for Optive AI software, with plans to launch in 10 European languages and expand into Europe and Canada by 2026.