Butterfly Network, Inc.
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Cash & Equivalents | $150.5M | $88.8M | $134.4M | $162.6M | $422.8M | $60.2M |
| Accounts Receivable | $26.7M | $20.8M | $13.4M | $14.7M | $11.9M | $5.8M |
| Inventory | $61.4M | $70.8M | $73.0M | $60.0M | $36.2M | $25.8M |
| Total Current Assets | $249.1M | $192.6M | $231.3M | $357.1M | $511.9M | $97.3M |
| Property, Plant & Equipment | $16.6M | $19.5M | $25.3M | $31.3M | $14.7M | $6.9M |
| Goodwill | — | — | — | — | — | — |
| Intangible Assets (Excl. Goodwill) | $7.5M | $8.9M | $10.3M | — | — | — |
| Total Assets | $296.5M | $256.1M | $304.3M | $417.6M | $572.0M | $147.2M |
| Liabilities | ||||||
| Accounts Payable | $5.4M | $4.3M | $5.1M | $7.2M | $5.8M | $16.4M |
| Total Current Liabilities | $65.1M | $48.2M | $44.3M | $51.3M | $49.8M | $69.7M |
| Long-Term Debt | — | — | — | — | — | — |
| Total Liabilities | $100.6M | $87.3M | $84.2M | $92.2M | $124.3M | $148.2M |
| Stockholders' Equity | ||||||
| Retained Earnings | $-879.2M | $-802.1M | $-729.6M | $-595.9M | $-427.2M | $-394.8M |
| Total Stockholders' Equity | $196.0M | $168.8M | $220.1M | $325.4M | $447.7M | $-361.9M |