Hinge Health, Inc.

HNGE

HNGEHinge Health, Inc. US flag

New York Stock Exchange

87.70

USD

+0.61

- -

6.79BMarket Cap

Income Statement (USD)

API ChatGPT

	2023 Y	2024 Y	2025 Y
As of date	12/31/2023	12/31/2024	12/31/2025

Sales/Revenue/Turnover	293	390	588
+ Sales & Services Revenue	293	390	588
- Cost of Revenue	99	91	120
+ Cost of Goods & Services	99	91	120
Gross Profit	194	300	468
+ Other Operating Income	- -	- -	- -
- Operating Expenses	325	332	1,015
+ Selling, General & Admin	215	231	646
+ Research & Development	110	101	368
+ Other Operating Expense	- -	- -	- -
Operating Income (Loss)	-131	-32	-546
- Non-Operating (Income) Loss	-22	-21	-19
+ Interest Expense, Net	- -	- -	- -
+ Interest Expense	- -	- -	- -
- Interest Income	- -	- -	- -
+ Other Non-Op (Income) Loss	-22	-21	-19
Pretax Income	-109	-11	-527
- Income Tax Expense (Benefit)	- -	1	1
- (Income) Loss from Affiliates	- -	- -	- -
Income (Loss) from Cont Ops	-108	-12	-528
- Net Extraordinary Losses (Gains)	- -	- -	- -
+ Discontinued Operations	- -	- -	- -
+ Extraord. & Accounting Changes	- -	- -	- -
Income (Loss) Incl. MI	-108	-12	-528
- Minority Interest	- -	- -	- -
Net Income, GAAP	-108	-12	-528
- Preferred Dividends	- -	- -	- -
- Other Adjustments	- -	- -	- -
Net Income Avail to Common, GAAP	-108	-12	-528
EBIT	-131	-32	-546
EBITDA	-125	-26	-541
EBITDA Margin (%)	-42.66	-6.65	-92.07
EBITA	-131	-32	-546
Gross Margin (%)	66.33	76.82	79.65
Operating Margin (%)	-44.59	-8.17	-92.94
Profit Margin (%)	-36.94	-3.06	-89.86
Sales per Employee	- -	- -	- -
Dividend per Share	- -	- -	- -
Depreciation Expense	6	6	5
Basic Weighted Avg Shares	69	78	55
Basic EPS, GAAP	-1.58	-0.15	-9.68
Basic EPS from Cont Ops	-1.58	-0.15	-9.68
Diluted Weighted Avg Shares	92	78	55
Diluted EPS, GAAP	-1.18	-0.15	-9.68
Diluted EPS from Cont Ops	-1.18	-0.15	-9.68

Balance Sheet (USD)

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	2023 Y	2024 Y	2025 Y
As of date	12/31/2023	12/31/2024	12/31/2025

Total Current Assets	530	583	534
+ Cash, Cash Equivalents & STI	423	467	364
+ Cash & Cash Equivalents	235	301	208
+ ST Investments	188	166	156
+ Accounts & Notes Receiv	47	42	66
+ Accounts Receivable, Net	30	38	51
+ Notes Receivable, Net	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -
+ Other Receivable, Net	17	5	15
+ Inventories	13	11	16
+ Raw Materials	2	5	7
+ Work In Process	3	2	- -
+ Finished Goods	8	4	9
+ Inventory Adjustments	- -	- -	- -
+ Other Inventory	- -	- -	- -
+ Other ST Assets	47	64	88
+ Misc ST Assets	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -
Total Noncurrent Assets	93	90	211
+ Property, Plant & Equip, Net	22	17	17
+ Property, Plant & Equip	34	34	37
- Accumulated Depreciation	12	17	20
+ LT Investments & Receivables	- -	- -	113
+ LT Investments	- -	- -	113
+ LT Receivables	- -	- -	- -
+ Other LT Assets	70	73	80
+ Total Intangible Assets	64	63	67
+ Goodwill	62	62	64
+ Other Intangible Assets	2	2	3
+ LT Deferred Tax Assets	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -
+ Misc LT Assets	6	9	14
Total Assets	623	673	745
+ Payables & Accruals	33	24	46
+ Accounts Payable	- -	- -	- -
+ Accrued Taxes	8	2	6
+ Interest & Dividends Payable	- -	- -	- -
+ Other Payables & Accruals	24	22	40
+ ST Debt	5	4	4
+ ST Borrowings	- -	- -	- -
+ ST Finance Leases	5	4	4
+ Other ST Liabilities	147	222	312
+ Deferred Revenue	140	218	301
+ Derivatives & Hedging	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -
+ Misc ST Liabilities	6	4	11
Total Current Liabilities	184	249	362
+ LT Debt	11	7	4
+ LT Borrowings	- -	- -	- -
+ LT Finance Leases	11	7	4
+ Other LT Liabilities	- -	- -	- -
+ Accrued Liabilities	- -	- -	- -
+ Pension Liabilities	- -	- -	- -
+ Deferred Revenue	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -
+ Misc LT Liabilities	- -	- -	- -
Total Noncurrent Liabilities	11	7	4
Total Liabilities	195	257	366
+ Preferred Equity and Hybrid Capital	851	851	200
+ Share Capital & APIC	87	88	1,230
+ Common Stock	- -	- -	- -
+ Additional Paid in Capital	87	88	1,230
- Treasury Stock	- -	- -	- -
+ Retained Earnings	-511	-523	-1,051
+ Other Equity	- -	- -	- -
Equity Before Minority Interest	427	417	379
+ Minority/Non Controlling Interest	- -	- -	- -
Total Equity	427	417	379
Total Liabilities & Equity	623	673	745
Shares Outstanding	78	78	79
Number of Employees	- -	- -	- -
Capital Leases - Total	16	11	8
Net Debt	-235	-301	-208
Net Debt to Equity	-54.99	-72.18	-54.95
Tangible Common Equity Ratio	-87.3	-81.66	16.52
Current Ratio	2.88	2.34	1.47
Cash Conversion Cycle	- -	80.24	67.97

Cash Flow Statement (USD)

API ChatGPT

	2023 Y	2024 Y	2025 Y
As of date	12/31/2023	12/31/2024	12/31/2025

+ Net Income	-108	-12	-528
+ Depreciation & Amortization	6	6	5
+ Non-Cash Items	29	41	697
+ Stock-Based Compensation	2	1	643
+ Deferred Income Taxes	- -	-1	- -
+ Asset Impairment Charge	10	2	- -
+ Other Non-Cash Adj	18	40	54
+ Chg in Non-Cash Work Cap	9	14	-2
+ (Inc) Dec in Accts Receiv	-23	-1	-27
+ (Inc) Dec in Inventories	11	1	-5
+ (Inc) Dec in Prepaid Assets	6	-9	-16
+ Inc (Dec) in Accts Payable	12	-11	29
+ Inc (Dec) in Other	5	34	16
+ Net Cash From Disc Ops	- -	- -	- -
Cash from Operating Activities	-64	49	171
+ Change in Fixed & Intang	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	- -
+ Disp of Fixed Prod Assets	- -	- -	- -
+ Disp of Intangible Assets	- -	- -	- -
+ Acq of Fixed & Intang	-2	-1	-1
+ Acq of Fixed Prod Assets	-2	-1	-1
+ Acq of Intangible Assets	- -	- -	- -
+ Cash (Repurchase) of Equity	- -	- -	191
+ Increase in Capital Stock	- -	- -	256
+ Decrease in Capital Stock	- -	- -	-65
+ Net Change in LT Investment	6	22	-104
+ Dec in LT Investment	459	347	369
+ Inc in LT Investment	-453	-325	-472
+ Net Cash From Acq & Div	- -	- -	-4
+ Cash from Divestitures	- -	- -	- -
+ Cash for Acq of Subs	- -	- -	-4
+ Cash for JVs	- -	- -	- -
+ Other Investing Activities	-3	-3	-5
+ Net Cash From Disc Ops	- -	- -	- -
Cash from Investing Activities	2	18	-114
+ Dividends Paid	- -	- -	- -
+ Net Cash From Debt	- -	- -	5
+ Cash From Debt	- -	- -	5
+ Repayments of Debt	- -	- -	- -
+ Other Financing Activities	-3	-2	-346
+ Net Cash From Disc Ops	- -	- -	- -
Cash from Financing Activities	-3	-2	-150
Effect of Foreign Exchange Rates	- -	- -	- -
Net Changes in Cash	-65	65	-93
EBITDA	-125	-26	-541
EBITDA Margin (%)	-42.66	-6.65	-92.07
Free Cash Flow	-66	48	171
Net Cash Paid for Acquisitions	- -	- -	4
Free Cash Flow to Firm	- -	- -	- -
Free Cash Flow to Equity	- -	48	-476
Free Cash Flow per Basic Share	-0.96	0.61	3.13
Price/Free Cash Flow	- -	- -	14.73
Cash Flow to Net Income	0.59	-4.11	-0.32
Capital Expenditures	-2	-1	-1