BEAT Chart
About

HeartBeam, Inc. operates as a medical technology company that focuses on developing and commercializing ambulatory electrocardiogram solutions that enable the detection and monitoring of cardiac disease inside and outside a healthcare facility setting. The company develops three-dimensional vector images of cardiac electrical activity. It is developing HeartBeam AIMIGo, a credit card-sized cloud-based diagnostic software systems to address heart attack detection. The company was incorporated in 2015 and is based in Santa Clara, California.

Fundamentals
Scroll to Statements
Sector Healthcare Industry Health Information Servi Market Cap 56.16M
Enterprise Value 43.95M Income -20.62M Sales —
Book/sh 0.01 Cash/sh 0.05 Dividend Yield —
Payout 0.00% Employees 16 IPO —
P/E — Forward P/E -2.64 PEG —
P/S — P/B 116.67 P/C —
EV/EBITDA — EV/Sales — Quick Ratio 0.75
Current Ratio 0.86 Debt/Eq — LT Debt/Eq —
EPS (ttm) -0.66 EPS next Y -0.53 EPS Growth —
Revenue Growth — Earnings 2026-03-19 ROA -272.38%
ROE -7.92% ROIC — Gross Margin 0.00%
Oper. Margin 0.00% Profit Margin 0.00% Shs Outstand 40.12M
Shs Float 28.27M Short Float 6.94% Short Ratio 1.97
Short Interest — 52W High 4.00 52W Low 0.54
Beta -0.81 Avg Volume 13.49M Volume 564.74K
Target Price $4.62 Recom None Prev Close $1.33
Price $1.40 Change 5.26%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$4.63
Mean price target
2. Current target
$1.40
Latest analyst target
3. DCF / Fair value
$-3.45
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$1.40
Low
$1.00
High
$8.00
Mean
$4.63

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2025-12-11 up Benchmark Speculative Buy → Buy $8
2025-12-10 main HC Wainwright & Co. Buy → Buy $6
2025-12-08 init HC Wainwright & Co. — → Buy $3
2024-11-15 reit Benchmark Speculative Buy → Speculative Buy $8
2024-05-13 reit Benchmark Speculative Buy → Speculative Buy $8
2024-03-25 reit Benchmark Speculative Buy → Speculative Buy $8
2023-11-16 reit Benchmark Speculative Buy → Speculative Buy $8
2023-08-24 reit Benchmark Speculative Buy → Speculative Buy $8
2023-05-19 main Alliance Global Partners Buy → Buy $6
2023-05-19 reit Benchmark Speculative Buy → Speculative Buy $8
2023-03-21 reit Benchmark — → Speculative Buy $8
2022-12-02 init Alliance Global Partners — → Buy $10
2021-12-20 init Benchmark — → Speculative Buy $9
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 57146 182090 — Sale at price 2.83 - 3.68 per share. DE URIOSTE GEORGE A. Director — 2025-12-18 00:00:00 D
1 250000 895000 — Sale at price 3.58 per share. STROME MARK E. Beneficial Owner of more than 10% of a Class of Security — 2025-12-17 00:00:00 I
2 29412 62648 — Purchase at price 2.13 per share. FERRARI RICHARD M Director — 2025-02-14 00:00:00 D
3 17647 37588 — Purchase at price 2.13 per share. CRUICKSHANK TIMOTHY Chief Financial Officer — 2025-02-14 00:00:00 D
4 1674 3917 — Sale at price 2.34 per share. DE URIOSTE GEORGE A. Director — 2024-09-06 00:00:00 D
5 5500 12705 — Sale at price 2.31 per share. DE URIOSTE GEORGE A. Director — 2024-08-30 00:00:00 D
6 2194 4958 — Sale at price 2.26 per share. DE URIOSTE GEORGE A. Director — 2024-08-27 00:00:00 D
7 2800 6464 — Sale at price 2.30 - 2.38 per share. DE URIOSTE GEORGE A. Director — 2024-08-26 00:00:00 D
8 44247 — — Stock Award(Grant) at price 0.00 per share. FERRARI RICHARD M Director — 2024-06-12 00:00:00 D
9 33185 — — Stock Award(Grant) at price 0.00 per share. DE URIOSTE GEORGE A. Director — 2024-06-12 00:00:00 D
Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems0.000.000.000.00
TaxRateForCalcs0.000.000.000.00
NormalizedEBITDA-19.88M-15.31M-13.03M-2.29M
NetIncomeFromContinuingOperationNetMinorityInterest-19.45M-14.64M-12.96M-4.43M
ReconciledDepreciation7.00K0.00
EBITDA-19.88M-15.31M-13.03M-2.29M
EBIT-19.89M-15.31M-13.03M-2.29M
NetInterestIncome446.00K675.00K66.00K-2.17M
InterestExpense2.17M
InterestIncome446.00K675.00K66.00K
NormalizedIncome-19.45M-14.64M-12.96M-4.43M
NetIncomeFromContinuingAndDiscontinuedOperation-19.45M-14.64M-12.96M-4.43M
TotalExpenses19.89M15.31M13.03M2.29M
TotalOperatingIncomeAsReported-19.89M-15.31M-13.03M-2.29M
DilutedAverageShares26.65M20.33M8.17M4.28M
BasicAverageShares26.65M20.33M8.17M4.28M
DilutedEPS-0.73-0.72-1.59-1.03
BasicEPS-0.73-0.72-1.59-1.03
DilutedNIAvailtoComStockholders-19.45M-14.64M-12.96M-4.43M
NetIncomeCommonStockholders-19.45M-14.64M-12.96M-4.43M
NetIncome-19.45M-14.64M-12.96M-4.43M
NetIncomeIncludingNoncontrollingInterests-19.45M-14.64M-12.96M-4.43M
NetIncomeContinuousOperations-19.45M-14.64M-12.96M-4.43M
TaxProvision0.000.000.000.00
PretaxIncome-19.45M-14.64M-12.96M-4.43M
OtherIncomeExpense-7.00K3.00K22.00K
OtherNonOperatingIncomeExpenses-7.00K3.00K22.00K
NetNonOperatingInterestIncomeExpense446.00K675.00K66.00K-2.17M
TotalOtherFinanceCost-66.00K2.17M
InterestExpenseNonOperating2.17M
InterestIncomeNonOperating446.00K675.00K66.00K
OperatingIncome-19.89M-15.31M-13.03M-2.29M
OperatingExpense19.89M15.31M13.03M2.29M
ResearchAndDevelopment11.05M6.80M5.68M255.00K
SellingGeneralAndAdministration8.84M8.52M7.35M2.03M
GeneralAndAdministrativeExpense8.84M8.52M7.35M2.03M
OtherGandA8.84M8.52M7.35M2.03M
TotalRevenue0.000.000.000.00
OperatingRevenue0.000.000.000.00
Line Item2023-12-31
TreasurySharesNumber0.00
OrdinarySharesNumber26.96M26.33M8.01M7.81M
ShareIssued26.96M26.33M8.01M7.81M
TangibleBookValue1.65M15.94M2.37M13.41M
InvestedCapital1.65M15.94M2.37M13.41M
WorkingCapital1.15M15.63M2.37M13.41M
NetTangibleAssets1.65M15.94M2.37M13.41M
CommonStockEquity1.65M15.94M2.37M13.41M
TotalCapitalization1.65M15.94M2.37M13.41M
TotalEquityGrossMinorityInterest1.65M15.94M2.37M13.41M
StockholdersEquity1.65M15.94M2.37M13.41M
RetainedEarnings-56.27M-36.83M-22.19M-9.22M
AdditionalPaidInCapital57.92M52.76M24.56M22.63M
CapitalStock3.00K3.00K1.00K1.00K
CommonStock3.00K3.00K1.00K1.00K
PreferredStock0.000.000.000.00
TotalLiabilitiesNetMinorityInterest1.62M1.19M1.67M588.00K
TotalNonCurrentLiabilitiesNetMinorityInterest0.000.000.000.00
CurrentLiabilities1.62M1.19M1.67M588.00K
PayablesAndAccruedExpenses1.62M1.19M1.67M588.00K
CurrentAccruedExpenses1.09M638.00K
Payables531.00K556.00K
AccountsPayable531.00K556.00K
TotalAssets3.28M17.13M4.04M14.00M
TotalNonCurrentAssets506.00K306.00K0.000.00
OtherNonCurrentAssets56.00K50.00K
NetPPE450.00K256.00K0.00
CurrentAssets2.77M16.82M4.04M14.00M
OtherCurrentAssets393.00K636.00K445.00K806.00K
PrepaidAssets806.00K
CashCashEquivalentsAndShortTermInvestments2.38M16.19M3.59M13.19M
CashAndCashEquivalents2.38M16.19M3.59M13.19M
CashFinancial3.59M13.19M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow-14.67M-12.35M-9.95M-3.23M
RepaymentOfDebt0.00-30.00K
IssuanceOfDebt0.001.72M
IssuanceOfCapitalStock730.00K24.76M348.00K14.71M
CapitalExpenditure-201.00K-256.00K
InterestPaidSupplementalData0.000.000.00
IncomeTaxPaidSupplementalData0.000.000.000.00
EndCashPosition2.43M16.24M3.59M13.19M
BeginningCashPosition16.24M3.59M13.19M24.00K
ChangesInCash-13.81M12.64M-9.60M13.17M
FinancingCashFlow866.00K24.99M350.00K16.40M
CashFlowFromContinuingFinancingActivities866.00K24.99M350.00K16.40M
ProceedsFromStockOptionExercised136.00K230.00K2.00K0.00
NetCommonStockIssuance730.00K24.76M348.00K14.71M
CommonStockIssuance730.00K24.76M348.00K14.71M
NetIssuancePaymentsOfDebt0.001.69M
NetShortTermDebtIssuance0.00-30.00K
ShortTermDebtPayments0.00-30.00K
NetLongTermDebtIssuance0.001.72M
LongTermDebtIssuance0.001.72M
InvestingCashFlow-201.00K-256.00K0.00
CashFlowFromContinuingInvestingActivities-201.00K-256.00K0.00
NetPPEPurchaseAndSale-201.00K-256.00K0.00
PurchaseOfPPE-201.00K-256.00K0.00
OperatingCashFlow-14.47M-12.09M-9.95M-3.23M
CashFlowFromContinuingOperatingActivities-14.47M-12.09M-9.95M-3.23M
ChangeInWorkingCapital671.00K-662.00K1.89M-1.14M
ChangeInPayablesAndAccruedExpense428.00K-471.00K1.53M-357.00K
ChangeInPayable428.00K-471.00K1.53M
ChangeInAccountPayable428.00K-471.00K1.53M
ChangeInPrepaidAssets243.00K-191.00K361.00K-779.00K
OtherNonCashItems2.16M
StockBasedCompensation4.30M3.21M1.12M192.00K
DepreciationAmortizationDepletion7.00K0.00
DepreciationAndAmortization7.00K0.00
Depreciation7.00K0.00
OperatingGainsLosses-22.00K
NetIncomeFromContinuingOperations-19.45M-14.64M-12.96M-4.43M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for BEAT
Date User Asset Broker Type Position Size Entry Price Patterns