| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash and cash equivalents | 261,342 | 237,170 | ||
| Short-term marketable securities | 218,685 | 176,087 | ||
| Accounts receivable, net of allowance for credit losses of 7,251 and 6,470 as of september 30, 2025 and december 31, 2024, respectively | 86,765 | 99,299 | ||
| Deferred commissions | 29,050 | 24,354 | ||
| Inventory | 13,812 | 13,987 | ||
| Prepaid expenses and other current assets | 49,228 | 47,528 | ||
| Total current assets | 658,882 | 598,425 | ||
| Long-term marketable securities | 15,077 | - | ||
| Goodwill | 64,096 | 64,096 | ||
| Intangible assets, net | 2,736 | 2,961 | ||
| Property, equipment and software, net | 8,401 | 7,724 | ||
| Operating lease right-of-use assets | 7,743 | 8,605 | ||
| Other assets | 12,867 | 11,843 | ||
| Total assets | 769,802 | 693,654 | ||
| Accounts payable and accrued liabilities | 53,201 | 34,898 | ||
| Operating lease liabilities | 4,181 | 4,047 | ||
| Deferred revenue | 299,695 | 275,138 | ||
| Total current liabilities | 357,077 | 314,083 | ||
| Operating lease liabilities, noncurrent | 4,853 | 5,919 | ||
| Total liabilities | 361,930 | 320,002 | ||
| Redeemable convertible preferred stock, 0.00001 par value 4,330,341 shares of series e authorized, 2,581,837 shares of series e preferred stock issued and outstanding as of september 30, 2025, 48,190,771 shares authorized and 48,150,146 shares issued and outstanding as of december 31, 2024 aggregate liquidation preference of 200,000 and 845,478 as of september 30, 2025 and december 31, 2024, respectively | 199,874 | 199,874 | ||
| Common stock, value-Common Class A | 0 | 0 | ||
| Common stock, value-Common Class B | 0 | 0 | ||
| Common stock, value | 0 | 0 | ||
| Additional paid-in capital | 1,291,036 | 1,255,059 | ||
| Accumulated other comprehensive gain | 53 | -34 | ||
| Accumulated deficit | -1,083,091 | -1,081,247 | ||
| Total stockholders' equity (deficit) | 207,998 | 173,778 | ||
| Total liabilities, redeemable convertible preferred stock and stockholders' equity (deficit) | 769,802 | 693,654 | ||
Hinge Health, Inc. (HNGE)
Hinge Health, Inc. (HNGE)