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Companies / Healthcare / HeartBeam, Inc.
BEAT

HeartBeam, Inc.

HealthcareSurgical & Medical Instruments
Ticker BEATSANTA CLARA, CAFiscal year ends DecemberBook value per share $0.18Diluted shares 46.7M

HeartBeam, Inc. (NASDAQ: BEAT) is a medical technology company focused on transforming cardiac care through innovative ambulatory cardiac monitoring solutions. The company develops proprietary, patented technology that captures the heart's electrical activity from three dimensions and synthesizes a 12-lead… From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
—
0.00%
$-21.02M
−8.1% year over year
Last 12 mo $-20.30M
-807.34%
+368.5 percentage points
Last 12 mo -248.21%
Cash & financing
$-13.99M
+3.3% year over year
Last 12 mo $-13.02M
$-14.59M
+0.6% year over year
Last 12 mo $-14.01M
—
33.7M
+26.5% year over year
Last 12 mo 46.7M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What HeartBeam, Inc. does

In the company’s own words

HeartBeam, Inc. (NASDAQ: BEAT) is a medical technology company focused on transforming cardiac care through innovative ambulatory cardiac monitoring solutions. The company develops proprietary, patented technology that captures the heart's electrical activity from three dimensions and synthesizes a 12-lead electrocardiogram from these signals, enabling patients to obtain clinical-grade ECG readings outside of traditional healthcare settings.

The company's flagship product, the HeartBeam System, received FDA clearance in December 2024 for arrhythmia assessment and in December 2025 for 12-lead ECG synthesis software. The system comprises a credit card-sized 3D ECG recording device, a patient mobile application, a physician portal, and cloud-based algorithms. Unlike consumer single-lead or six-lead devices, HeartBeam's cable-free technology captures heart signals in three non-coplanar dimensions and synthesizes them into a familiar 12-lead ECG display using a personalized transformation matrix. The synthesized ECG is reviewed by board-certified cardiologists available 24/7/365.

HeartBeam operates in the rapidly expanding connected medical devices market, which is estimated at $66 billion in 2024 and projected to reach $133 billion by 2029. The cardiac monitoring market specifically is expected to reach approximately $18 billion by 2030. The company targets concierge practices, preventive cardiology groups, and hospital-at-home segments for its initial market introduction in early 2026.

The company's intellectual property portfolio includes 25 issued patents worldwide and 35 pending patent applications across multiple jurisdictions. The patent portfolio covers compact mobile three-lead cardiac monitoring devices, ECG patch devices, methods for atrial fibrillation detection, and AI-based diagnostic algorithms. As of December 31, 2025, HeartBeam had 16 employees, with plans to expand strategically aligned with commercialization efforts. The company is pursuing expansion opportunities including heart attack detection indications, an extended-wear 12-lead ECG patch monitor, and AI-based screening and prediction algorithms leveraging longitudinal patient data.

Company details
Sector
Healthcare
Industry
Surgical & Medical Instruments
Headquarters
SANTA CLARA, CA
Fiscal year end
December
CIK
1779372
SIC
3841

Financial performance, year by year

Fiscal 2021–2025 · USD
$-22.67M$-17.70M$-12.72M$-7.75M$-2.77M20212022202320242025Last 12 moLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns HeartBeam, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

10
funds hold it
0 of 35
superinvestors hold it
$1.99M
held by funds, at market
4.6%
of shares held by funds

Largest fund holders · HeartBeam, Inc.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets
Fidelity Extended Market Index Fund
FSMAX · Fidelity Concord Street Trust
0.00%of fund net assets
iShares Micro-Cap ETF
IWC · iShares Trust
0.01%of fund net assets
Fidelity Series Total Market Index Fund
FCFMX · Fidelity Concord Street Trust
0.00%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Could not be determined for this company: bond issues.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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