HeartFlow Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Cash & Equivalents	44.78	51.37	122.77
Short-Term Investments	132.01	-	-
Cash & Short-Term Investments	176.79	51.37	122.77
Cash Growth	244.16%	-58.16%	-
Receivables	29.34	24.64	22.5
Prepaid Expenses	5.96	3.02	2.58
Restricted Cash	-	0.15	-
Other Current Assets	8.11	3.12	0.6
Total Current Assets	220.2	82.29	148.45
Property, Plant & Equipment	26.08	27.73	30.88
Long-Term Investments	103.37	-	-
Long-Term Accounts Receivable	-	-	0.99
Long-Term Deferred Charges	4.26	4.11	-
Other Long-Term Assets	5.55	4.58	4.73
Total Assets	359.45	118.7	185.05
Accounts Payable	3.17	2.87	2.89
Accrued Expenses	30.73	21.83	19.17
Current Portion of Leases	5.92	5.42	5.14
Current Unearned Revenue	0.63	1.04	2.11
Other Current Liabilities	1.93	2.45	3.51
Total Current Liabilities	42.37	33.61	32.82
Long-Term Debt	-	136.43	134.01
Long-Term Leases	16.13	18.54	21.45
Other Long-Term Liabilities	0.3	21.05	5.77
Total Liabilities	58.81	209.62	194.05
Common Stock	0.09	0.01	0.01
Additional Paid-In Capital	1,389	112.24	97.46
Retained Earnings	-1,088	-970.96	-874.53
Comprehensive Income & Other	-0.43	-0.77	-0.5
Total Common Equity	300.65	-859.48	-777.56
Shareholders' Equity	300.65	-90.92	-9
Total Liabilities & Equity	359.45	118.7	185.05
Total Debt	22.05	160.38	160.6
Net Cash (Debt)	154.73	-109.02	-37.83
Net Cash Per Share	4.20	-20.33	-7.74
Filing Date Shares Outstanding	85.76	6.12	4.94
Total Common Shares Outstanding	85.28	6.12	4.94
Working Capital	177.83	48.68	115.63
Book Value Per Share	3.53	-140.39	-157.37
Tangible Book Value	300.65	-859.48	-777.56
Tangible Book Value Per Share	3.53	-140.39	-157.37
Machinery	6.34	5.72	9.94
Construction In Progress	0.14	0.03	0.06
Leasehold Improvements	2.09	2.06	2.06

Source: S&P Capital IQ. Standard template. Financial Sources.