BEAT · Heartbeam, Inc.
What's happening
- BEAT is down 0.73% today, trading at $0.41. — Live quote
- It's trading within 3% of its 52-week low ($0.35). (Finnhub fundamentals)
- Volume today (3,471) is well below its 3-month average of 5,443,330. (Finnhub fundamentals)
- Reports earnings on 2026-11-05, 14 days away. (Finnhub earnings calendar)
- Last quarter's EPS missed estimates: $-0.10 actual vs. $-0.09 estimated (-8.9%). (Finnhub earnings history)
Deterministic template sentences filled in from the same sourced figures shown elsewhere on this page -- not an AI-written summary, no live model call.
Key Statistics
Analyst Recommendations
Aggregate ratings for 2026-10-01 (9 analysts polled by Finnhub) — consensus count.
Performance Overview (Trailing returns vs S&P 500 benchmark)
Earnings Trends (Quarterly EPS Actual vs Estimate)
Valuation Measures & Ratios
Quarterly history (5 periods)
| Measure | Jun '26 | Mar '26 | Sep '25 | Jun '25 | Mar '25 |
|---|---|---|---|---|---|
| Market cap | $37.8M | $48.0M | $456.8M | $328.9M | $480.2M |
| P/E | -1.89 | -2.35 | -22.08 | -16.13 | -23.98 |
| Price/Book | 4.62 | 75.56 | 1125.21 | 78.66 | 63.77 |
| ROE | -244.20% | -3214.65% | -5096.55% | -487.64% | -265.97% |
| ROA | -187.72% | -519.55% | -719.47% | -340.96% | -219.89% |
Trailing-twelve-month ratios computed from SEC EDGAR quarterly figures and historical daily close prices (Alpaca). Diluted shares are derived from Net income ÷ EPS (diluted) for each quarter, not separately reported. Forward P/E/PEG unavailable (no free data source).
Glossary — what these abbreviations mean
- 1. TTM
- Trailing twelve months — the sum of the last four reported quarters, not a calendar year or the single latest quarter.
- 2. EPS
- Earnings per share — net income divided by diluted shares outstanding.
- 3. Beta
- A stock's historical volatility relative to the overall market. Above 1 means it has moved more than the market; below 1, less.
- 4. EV (Enterprise Value)
- Market cap plus total debt minus cash — roughly what it would cost to buy the whole company, debt included.
- 5. Forward P/E
- Price divided by analysts' estimated earnings for the next 12 months, instead of trailing actual earnings.
- 6. PEG Ratio
- P/E divided by expected earnings growth rate. A lower number can indicate a stock is cheap relative to how fast it's expected to grow.
- 7. Price / Book
- Share price divided by book value (assets minus liabilities) per share.
- 8. ROE
- Return on equity — net income divided by shareholders' equity, a measure of how efficiently a company turns equity into profit.
- 9. ROA
- Return on assets — net income divided by total assets, a measure of how efficiently a company turns assets into profit.
- 10. MRQ
- Most recent quarter — the single latest reported period, as opposed to TTM. The Financials section's "Quarterly" view below shows MRQ-style figures.
- 11. YoY
- Year over year — percent change versus the same period one year earlier, used for growth figures like those on Compare cards and the Screener.
Short Interest
Source: FINRA Rule 4560 consolidated short interest, settlement date 2026-09-30. Reported bi-monthly with a reporting lag — not real-time.
Quotes and the 1-day extended-hours chart: Yahoo Finance. Longer historical charts: Alpaca (IEX feed) — real-time but IEX-only volume (~2.5% of consolidated market volume). Fundamentals + earnings: Finnhub.
Price history
Drag horizontally to zoom into a section; use Reset view to restore all observations.
Technical signal summary
Calculating from the latest year of daily price history…
Show Technical Analysis Breakdown ▾ 10 Indicators
Not investment advice — read several signals together.
Indicators None active
History limited by data provider; markers are heuristics, not signals.
Peer and sector context
Balanced evidence
A deterministic summary of sourced facts—not an AI verdict.
Potential strengths
- Latest SEC filing is Form 4, filed 2026-10-09; review it for current changes and risks. SEC EDGAR ↗
Potential concerns
- Trailing 52-week price return is -75.5%. Finnhub market metrics ↗
Rule-based facts only; absence from either side is not evidence, and this is not a recommendation.
More on BEAT
No accessible free API for these — links go to the source directly.
Financials
Fundamental trends
Visualized from the same SEC figures in the tables below.
Income statement
| Line item | Jun '26 | Mar '26 | Sep '25 | Jun '25 | Mar '25 | Sep '24 | Jun '24 | Mar '24 |
|---|---|---|---|---|---|---|---|---|
| Operating income | -$5.1M | -$4.7M | -$5.3M | -$5.0M | -$5.5M | -$5.1M | -$5.1M | -$4.8M |
| Net income | -$5.0M | -$4.7M | -$5.3M | -$5.0M | -$5.5M | -$5.0M | -$5.0M | -$4.6M |
| EPS (diluted) | $-0.10 | $-0.12 | $-0.15 | $-0.15 | $-0.18 | $-0.19 | $-0.19 | $-0.17 |
| EPS (basic) | $-0.10 | $-0.12 | $-0.15 | $-0.15 | $-0.18 | $-0.19 | $-0.19 | $-0.17 |
Balance sheet
| Line item | Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $10.6M | $3.9M | $5.8M | $2.9M | $6.0M | $9.1M | $3.3M | $6.7M |
| Total liabilities | $2.5M | $3.3M | $3.2M | $2.5M | $1.8M | $1.6M | $1.6M | $1.9M |
| Stockholders' equity | $8.2M | $635.0K | $2.6M | $406.0K | $4.2M | $7.5M | $1.7M | $4.8M |
| Total current assets | $9.0M | $2.4M | $4.7M | $2.1M | $5.4M | $8.6M | $2.8M | $6.1M |
| Total current liabilities | $2.5M | $3.3M | $3.2M | $2.5M | $1.8M | $1.6M | $1.6M | $1.9M |
| Cash & equivalents | $8.7M | $2.0M | $4.4M | $1.9M | $3.3M | $4.4M | $2.4M | $5.8M |
| Inventory | $110.0K | $133.0K | $103.0K | — | — | — | $0 | — |
| Property, plant & equipment | $1.6M | $1.4M | $1.1M | $694.0K | $564.0K | $443.0K | $450.0K | $457.0K |
| Other non-current assets | $57.0K | $56.0K | $56.0K | $56.0K | $56.0K | $56.0K | $56.0K | $56.0K |
| Accounts payable | $608.0K | $747.0K | $1.1M | $1.0M | $814.0K | $523.0K | $531.0K | — |
| Accrued liabilities | $1.9M | $2.5M | $2.2M | $1.4M | $985.0K | $1.1M | $1.1M | — |
| Other current liabilities | — | — | — | — | — | — | — | — |
| Common stock & paid-in capital | $6.0K | $4.0K | $4.0K | $4.0K | $4.0K | $3.0K | $3.0K | $3.0K |
| Retained earnings | -$87.0M | -$82.0M | -$77.3M | -$72.0M | -$66.7M | -$61.8M | -$56.3M | -$51.4M |
Cash flow
| Line item | Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$3.3M | -$3.6M | -$2.9M | -$3.2M | -$3.4M | -$4.5M | -$4.2M | -$3.3M |
| Investing cash flow | -$249.0K | -$246.0K | -$416.0K | $1.7M | $1.9M | -$3.8M | $0 | -$103.0K |
| Financing cash flow | $10.3M | $1.5M | $5.8M | $45.0K | $450.0K | $10.2M | $761.0K | $21.0K |
| Free cash flow | -$3.6M | -$3.9M | -$3.3M | -$3.2M | -$3.5M | -$4.5M | -$4.2M | -$3.4M |
| Capital expenditures | $249.0K | $246.0K | $416.0K | $82.0K | $102.0K | $0 | $0 | $103.0K |
| Share-based compensation | $1.7M | $1.2M | $1.4M | $1.4M | $1.2M | $1.1M | $999.0K | $1.1M |
| Deferred income taxes | — | — | $0 | — | — | — | $0 | — |
| Change in inventory | -$23.0K | $30.0K | $103.0K | — | $0 | $0 | $0 | — |
Income statement
| Line item | Dec '25 | Dec '24 | Dec '23 | Dec '22 | Dec '21 |
|---|---|---|---|---|---|
| Operating income | -$21.1M | -$19.9M | -$15.3M | -$13.0M | -$2.3M |
| Net income | -$21.0M | -$19.4M | -$14.6M | -$13.0M | -$4.4M |
| EPS (diluted) | $-0.62 | $-0.73 | $-0.72 | $-1.59 | $-1.03 |
| EPS (basic) | $-0.62 | $-0.73 | $-0.72 | $-1.59 | $-1.03 |
Balance sheet
| Line item | Dec '25 | Dec '24 | Dec '23 | Dec '22 | Dec '21 |
|---|---|---|---|---|---|
| Total assets | $5.8M | $3.3M | $17.1M | $4.0M | $14.0M |
| Total liabilities | $3.2M | $1.6M | $1.2M | $1.7M | $588.0K |
| Stockholders' equity | $2.6M | $1.7M | $15.9M | $2.4M | $13.4M |
| Total current assets | $4.7M | $2.8M | $16.8M | $4.0M | — |
| Cash & equivalents | $4.4M | $2.4M | $16.2M | $3.6M | $13.2M |
| Inventory | $103.0K | $0 | — | — | — |
| Property, plant & equipment | $1.1M | $450.0K | $256.0K | $0 | — |
| Other non-current assets | $56.0K | $56.0K | $50.0K | $0 | — |
| Accounts payable | $1.1M | $531.0K | $556.0K | — | — |
| Accrued liabilities | $2.2M | $1.1M | $638.0K | — | — |
| Other current liabilities | — | — | — | — | $0 |
| Common stock & paid-in capital | $4.0K | $3.0K | $3.0K | $1.0K | $1.0K |
| Retained earnings | -$77.3M | -$56.3M | -$36.8M | -$22.2M | -$9.2M |
Cash flow
| Line item | Dec '25 | Dec '24 | Dec '23 | Dec '22 | Dec '21 |
|---|---|---|---|---|---|
| Operating cash flow | -$14.0M | -$14.5M | -$12.1M | -$9.9M | -$3.2M |
| Investing cash flow | -$600.0K | -$201.0K | -$256.0K | $0 | — |
| Financing cash flow | $16.6M | $866.0K | $25.0M | $350.0K | $16.4M |
| Free cash flow | -$14.6M | -$14.7M | -$12.3M | -$9.9M | — |
| Capital expenditures | $600.0K | $201.0K | $256.0K | $0 | — |
| Share-based compensation | $5.1M | $4.3M | $3.2M | $1.1M | $192.0K |
| Deferred income taxes | $0 | $0 | — | — | — |
| Change in inventory | $103.0K | $0 | — | — | — |
Source: SEC EDGAR XBRL filings (10-Q/10-K), as originally tagged by the company. Quarterly cash flow is reconstructed by de-cumulating fiscal-year-to-date figures (how cash flow is tagged in 10-Qs); other quarterly lines are reported directly.
Institutional holders
SEC Form 13F filers holding BEAT as of the latest reported quarter. 13F only covers investment managers with $100M+ in assets — this is not a complete ownership picture, and does not include insiders (see Recent SEC filings below) or non-13F-eligible holders.
Insider activity
Directors, officers, and 10%+ owners' reported transactions from SEC Form 4. A filing reports a transaction; it does not by itself explain why it happened.
Source: SEC EDGAR Form 4 filings · checked 25 most recent filings · covers 2026-02-09 to 2026-07-24
Recent transactions
- Most recent: Persen Kenneth Harry (Chief Technology Officer) — Grant / award of 105,740 shares on 2026-07-24.
Deterministic template sentences filled in from the SEC Form 4 figures in the tables below -- not an AI-written summary, no live model call.
Insider purchases & sales, last 6 months
Counts only open-market purchases (code P) and sales (code S) — grants, option exercises, tax withholding, and gifts are excluded since they aren't a market buy/sell decision.
Insider roster
| Name | Title | Most Recent Transaction | Date | Shares |
|---|---|---|---|---|
| Persen Kenneth Harry | Chief Technology Officer | Grant / award | 2026-07-24 | 105,740 |
| Cruickshank Tim | CFO | Grant / award | 2026-07-24 | 167,760 |
| Vajdic Branislav | President | Grant / award | 2026-07-24 | 260,870 |
| Elfrink Willem | Director | Open market purchase | 2026-04-16 | 187,500 |
| JAFF MICHAEL R | Director | Open market purchase | 2026-04-16 | 31,250 |
| Ferrari Richard | Director | Open market purchase | 2026-04-16 | 62,500 |
| ENO Robert Paul | President | Open market purchase | 2026-04-16 | 12,500 |
| Ortigas-Wedekind Marga | Director | Open market purchase | 2026-04-16 | 25,000 |
| STROME MARK E | Director | Open market purchase | 2026-04-16 | 750,000 |
| Nelson Kenneth Warwick III | Director | Grant / award | 2026-02-09 | 17,241 |
Recent transactions
| Date | Insider | Title | Transaction | Shares | Price |
|---|---|---|---|---|---|
| 2026-07-24 | Persen Kenneth Harry | Chief Technology Officer | Grant / award | 105,740 | $0.00 |
| 2026-07-24 | Cruickshank Tim | CFO | Grant / award | 167,760 | $0.00 |
| 2026-07-24 | Vajdic Branislav | President | Grant / award | 260,870 | $0.00 |
| 2026-06-15 | Vajdic Branislav | President | Grant / award | 2,800,000 | $0.00 |
| 2026-04-16 | Cruickshank Tim | CFO | Open market purchase | 31,250 | $0.80 |
| 2026-04-16 | Elfrink Willem | Director | Open market purchase | 187,500 | $0.80 |
| 2026-04-16 | JAFF MICHAEL R | Director | Open market purchase | 31,250 | $0.80 |
| 2026-04-16 | Vajdic Branislav | Director | Open market purchase | 31,250 | $0.80 |
| 2026-04-16 | Ferrari Richard | Director | Open market purchase | 62,500 | $0.80 |
| 2026-04-16 | ENO Robert Paul | President | Open market purchase | 12,500 | $0.80 |
| 2026-04-16 | Ortigas-Wedekind Marga | Director | Open market purchase | 25,000 | $0.80 |
| 2026-04-16 | STROME MARK E | Director | Open market purchase | 750,000 | $0.80 |
| 2026-02-09 | Ferrari Richard | Director | Grant / award | 50,000 | $0.00 |
| 2026-02-09 | JAFF MICHAEL R | Director | Grant / award | 20,689 | $0.00 |
| 2026-02-09 | Nelson Kenneth Warwick III | Director | Grant / award | 17,241 | $0.00 |
Recent SEC filings
Official company reports and insider transaction filings. Form 4 reports a transaction; it does not by itself explain why it happened.
Source: SEC EDGAR submissions · updated 2026-10-22 04:20 UTC
| Filed | Form | Report period | Official filing |
|---|---|---|---|
| 2026-10-09 | 4 | 2026-10-02 | View on SEC.gov → |
| 2026-10-09 | 4 | 2026-10-02 | View on SEC.gov → |
| 2026-10-09 | 4 | 2026-10-02 | View on SEC.gov → |
| 2026-10-09 | 4 | 2026-10-02 | View on SEC.gov → |
| 2026-10-09 | 4 | 2026-10-02 | View on SEC.gov → |
| 2026-10-09 | 4 | 2026-10-02 | View on SEC.gov → |
| 2026-08-14 | 8-K | 2026-08-14 | View on SEC.gov → |
| 2026-08-13 | 10-Q | 2026-06-30 | View on SEC.gov → |
| 2026-08-03 | 8-K | 2026-07-31 | View on SEC.gov → |
| 2026-07-24 | 4 | 2026-07-24 | View on SEC.gov → |
| 2026-07-24 | 4 | 2026-07-24 | View on SEC.gov → |
| 2026-07-24 | 4 | 2026-06-15 | View on SEC.gov → |
Recent news
Headlines about BEAT (Heartbeam, Inc.). Links open the publisher — we don’t host full articles.
-
Tesla shares fall more than 3% despite earnings beat and $1.5B in free cash flow
SiliconANGLE · 2026-10-21 -
Meta beats on revenue and splits its stock with nonvoting shares to raise capital
SiliconANGLE · 2026-10-21 -
Liberty Energy (NYSE:LBRT) beats Q3 2026 sales expectations, stock soars
StockStory · 2026-10-21 -
Stock Market Today, Oct. 21: AT&T Beats Earnings on Strong Fiber Growth, Raises 2026 Profit Outlook
The Motley Fool · 2026-10-21 -
Stock Market Today, Oct. 21: Space Exploration Technologies Surges on Q3 Earnings Beat
Yahoo Finance · 2026-10-21 -
IBM Stock Jumps After Q3 Earnings And Revenue Beat Expectations
Investor's Business Daily · 2026-10-21 -
Meta Stock Climbs After Q3 Results Beat Expectations, Adding To Muse AI Momentum
Investor's Business Daily · 2026-10-21 -
SAP shares climb after Q3 earnings beat and strong cloud revenue outlook
Yahoo Finance · 2026-10-21
No headlines in this category right now — try “All”.