Butterfly Network (BFLY)

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	92.79 mm	92.79 mm	92.79 mm	92.79 mm	92.79 mm	92.79 mm
Cash burn (monthly)	1.67 mm	3.82 mm	6.07 mm	6.28 mm	1.04 mm	3.48 mm
Cash used (since last report)	3.85 mm	8.78 mm	13.95 mm	14.42 mm	2.39 mm	7.99 mm
Cash remaining	88.94 mm	84.01 mm	78.84 mm	78.37 mm	90.40 mm	84.80 mm
Runway (months of cash)	53.1	22.0	13.0	12.5	86.9	24.4

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q4 2024

BFLY institutional ownership history Ownership history

50.7% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	174	152	+14.5%
Opened positions	51	26	+96.2%
Closed positions	29	45	-35.6%
Increased positions	43	30	+43.3%
Reduced positions	34	42	-19.0%

13F shares	Current	Prev Q	Change
Total value	220.48 bn	101.56 bn	+117.1%
Total shares	109.75 mm	97.77 mm	+12.3%
Total puts	397.40 k	276.10 k	+43.9%
Total calls	1.44 mm	598.90 k	+140.5%
Total put/call ratio	0.3	0.5	-40.2%

Largest owners	Shares	Value	Change
Longview Investors	11.86 mm	$0.00	0.0%
FOSUF Fosun International Limited	10.72 mm	$33.44 bn	0.0%
Fosun Industrial	10.72 mm	$0.00	0.0%
Glenview Capital Management	9.96 mm	$31.06 bn	0.0%
Jonathan M Rothberg	9.72 mm	$10.59 mm	0.0%
Vanguard	7.44 mm	$23.20 bn	+1.5%
ARK Investment Management	6.01 mm	$18.76 bn	-30.7%
Michael Rothberg	5.11 mm	$94.37 mm	0.0%
First Light Asset Management	3.99 mm	$12.46 bn	NEW
BlackRock	3.52 mm	$10.97 bn	+62.9%

Largest transactions	Shares	Bought/sold	Change
First Light Asset Management	3.99 mm	+3.99 mm	NEW
ARK Investment Management	6.01 mm	-2.66 mm	-30.7%
STT State Street	2.66 mm	+1.97 mm	+289.0%
Capital World Investors	1.36 mm	+1.36 mm	NEW
BlackRock	3.52 mm	+1.36 mm	+62.9%
Citadel Advisors	2.23 mm	+1.34 mm	+150.9%
Millennium Management	2.16 mm	+1.24 mm	+133.6%
ExodusPoint Capital Management	86.79 k	-1.21 mm	-93.3%
Renaissance Technologies	1.00 mm	-1.09 mm	-52.1%
Bill & Melinda Gates Foundation	0.00	-1.01 mm	EXIT

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

BFLY insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
4 Mar 25	Andrei G Stoica	Class A Common Stock	Payment of exercise	Dispose F	No	No	3.03	11,470	34.75 k	1,605,341
3 Mar 25	Joseph Devivo	Class A Common Stock	Payment of exercise	Dispose F	No	No	3.03	443,711	1.34 mm	7,570,004
3 Mar 25	Heather C Getz	Class A Common Stock	Payment of exercise	Dispose F	No	No	3.03	282,649	856.43 k	2,984,730
3 Mar 25	Andrei G Stoica	Class A Common Stock	Payment of exercise	Dispose F	No	No	3.03	178,130	539.73 k	1,616,811
1 Mar 25	Joseph Devivo	Class A Common Stock	Grant	Acquire A	No	No	0	1,185,526	0.00	8,013,715
1 Mar 25	Heather C Getz	Class A Common Stock	Grant	Acquire A	No	No	0	569,211	0.00	3,267,379
1 Mar 25	Andrei G Stoica	Class A Common Stock	Grant	Acquire A	No	No	0	328,947	0.00	1,794,941
1 Mar 25	Steve Cashman	Class A Common Stock	Grant	Acquire A	No	No	0	438,553	0.00	2,274,474
31 Dec 24	Andrei G Stoica	Class A Common Stock	Sell	Dispose S	No	No	3.295	1,680	5.54 k	1,449,237