Helius Medical Technologies, Inc. (HSDT) Financial Statements
Industry: Finance Services
In fiscal 2025, Helius Medical Technologies reported revenue of $6.0M, up 1057.1% from $520,000 the year before. Net income was -$40.9M (a -679.6% net margin), or -$1.85 per diluted share. Gross margin was 91.7% and operating margin was -4052.5%. Operating activities generated -$16.5M of cash, leaving -$16.5M of free cash flow. At fiscal year end, Helius Medical Technologies held $303.9M in total assets against $3.0M in total liabilities, including $7.3M of cash and equivalents.
Open the full interactive Helius Medical Technologies financials → Quarterly statements, key ratios, valuation history and price charts.
Helius Medical Technologies Key Stats
| Share Price | $2.35 |
|---|---|
| Market Cap | $187.4M |
| 52-Week Range | $1.27 – $16.07 |
| Shares Outstanding | 79.8 million (basic, 2026 Q2) |
Helius Medical Technologies Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $661,000 | $522,000 | $787,000 | $644,000 | $520,000 | $6.0M |
| Cost of Goods Sold | $388,000 | $298,000 | $463,000 | $583,000 | $582,000 | — |
| Gross Profit | $273,000 | $224,000 | $324,000 | $61,000 | -$62,000 | $5.5M |
| Operating Income | -$14.4M | -$18.1M | -$15.5M | -$12.4M | -$13.9M | -$243.8M |
| Pre-Tax Income | $14.1M | -$18.1M | -$14.1M | -$8.8M | -$11.7M | -$40.9M |
| Income Tax | $0 | — | $0 | $0 | $0 | $0 |
| Net Income | -$14.1M | -$18.1M | -$14.1M | -$8.8M | -$11.7M | -$40.9M |
| Diluted EPS | -$442500.00 | -$276750.00 | -$39000.00 | -$10920.00 | -$3247.50 | -$1.85 |
Helius Medical Technologies Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $697,000 | $5.2M | $3.6M | $2.5M |
| Net Income | -$352.8M | $325.5M | -$99.8M | -$30.3M |
| Diluted EPS | -$32.89 | $14.77 | -$1.30 | -$0.38 |
Helius Medical Technologies Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | — | — | $14.5M | $5.2M | $1.1M | $7.3M |
| Current Assets | $4.7M | $12.6M | $16.7M | $7.4M | $3.4M | $31.2M |
| Total Assets | $6.5M | $14.1M | $17.3M | $7.7M | $3.5M | $303.9M |
| Current Liabilities | $2.4M | $2.7M | $2.0M | $1.9M | $2.2M | $3.0M |
| Total Liabilities | $2.7M | $2.8M | $9.1M | $5.3M | $2.5M | $3.0M |
| Shareholders' Equity | $3.9M | $11.3M | $8.2M | $2.4M | $1.1M | $300.9M |
Helius Medical Technologies Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | -$11.7M | -$13.4M | -$14.3M | -$10.4M | -$11.0M | -$16.5M |
| Cash From Investing | -$9,000 | -$56,000 | -$11,000 | -$29,000 | -$5,000 | -$426.5M |
| Cash From Financing | $9.6M | $21.1M | $17.9M | $1.1M | $7.0M | $449.2M |
| Free Cash Flow | -$11.8M | -$13.4M | -$14.3M | -$10.4M | -$11.0M | -$16.5M |
Figures from Helius Medical Technologies' 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Helius Medical Technologies financials page for every line item.
Helius Medical Technologies Company Profile
| Ticker | HSDT |
|---|---|
| Exchange | Nasdaq |
| Industry | Finance Services |
| Headquarters | Philadelphia, Pennsylvania |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Non-accelerated filer, smaller reporting company |
| SEC CIK | 0001610853 |
Frequently Asked Questions
What was Helius Medical Technologies' revenue in fiscal 2025?
Helius Medical Technologies (HSDT) reported revenue of $6.0M for fiscal 2025.
What is Helius Medical Technologies' annual revenue history?
Helius Medical Technologies' annual revenue by fiscal year: 2020: $661,000; 2021: $522,000; 2022: $787,000; 2023: $644,000; 2024: $520,000; 2025: $6.0M.
What was Helius Medical Technologies' net income in fiscal 2025?
Helius Medical Technologies reported net income of -$40.9M for fiscal 2025.
What was Helius Medical Technologies' earnings per share (EPS) in fiscal 2025?
Helius Medical Technologies' diluted EPS was -$1.85 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Helius Medical Technologies generate in fiscal 2025?
Helius Medical Technologies generated -$16.5M of free cash flow in fiscal 2025.
What was Helius Medical Technologies' revenue last quarter?
In its most recent reported quarter (2026 Q2), Helius Medical Technologies reported revenue of $2.5M.
How many shares of Helius Medical Technologies are outstanding?
Helius Medical Technologies reported a weighted average of 79.8 million basic shares outstanding in 2026 Q2.
What is Helius Medical Technologies' market cap?
Based on its latest closing price, Helius Medical Technologies (HSDT) has a market capitalization of about $187.4M.
When does Helius Medical Technologies' fiscal year end?
Helius Medical Technologies' fiscal year end, as registered with the SEC, is December 31.
Where is Helius Medical Technologies headquartered?
Helius Medical Technologies lists its business address in Philadelphia, Pennsylvania in its SEC filings.