Nov. 19 at 7:17 PM
$HTFL Revenue —
$46.3 million, up 41% year-over-year and beating analyst estimates of ~
$42.8 million.
• Gross margin — 76.5%.
• GAAP net loss —
$50.9 million (or -
$1.04 per share), driven largely by one-time items:
•
$32.1 million non-cash charge from remeasurement of common stock warrant liability (tied to the company’s August 2025 IPO).
•
$6.4 million loss on debt extinguishment (from prepaying its term loan post-IPO).
• Non-GAAP net loss —
$13.2 million (or -
$0.27 per share), an improvement from prior periods.
• Full-year 2025 guidance — Revenue of
$173–173.5 million (37.5–38% growth), which topped consensus estimates at the time.
I still remain bullish on these guys and believe they get acquired in next 2-3 years max.
