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HTFL HTFL Research And Development Expense Other Than Regulatory And Clinical Expense

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Other financials

Income statement

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Revenue$52.6M+41.3%
Gross profit$42.2M+50.9%
Operating income-$29.5M-68.6%
Net income-$27.4M+15.4%
EPS (diluted)-$0.32+93.9%

Balance sheet

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Cash & equivalents$24.4M-78.7%
Total debt$26.3M
Total equity$285.7M+132%
Total assets$344.0M

Cash flow

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Operating cash flow-$30.1M-129%
CapEx$1.9M+71.6%
Free cash flow-$32.0M-124%

Valuation

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Market cap$2.97B
Enterprise value$2.98B
P/S15.5×

Profitability

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Gross margin78.1%+2.4pp
Operating margin-39.7%-4.8pp
Net margin-58.4%-12.1pp
FCF margin-40.1%-2.4pp

Returns & leverage

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Return on equity37.1%
Debt / equity0.1×
Current ratio5.6×

Where this comes from

Reported directly by HTFL in its filing.

Tagged under the XBRL concept htfl:ResearchAndDevelopmentExpenseOtherThanRegulatoryAndClinicalExpense.

The official record: HTFL’s 10-K, filed March 18, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is HTFL's research and development expense other than regulatory and clinical expense?
HTFL (HTFL) reported research and development expense other than regulatory and clinical expense of $9.67M in Q4 2025.
How has HTFL's research and development expense other than regulatory and clinical expense changed year-over-year?
HTFL's research and development expense other than regulatory and clinical expense increased by 48.8% year-over-year, from $6.5M to $9.67M.
What is the long-term trend for HTFL's research and development expense other than regulatory and clinical expense?
Over 2 years (2023 to 2025), HTFL's research and development expense other than regulatory and clinical expense has grown at a 31.6% compound annual growth rate (CAGR), from $22.33M to $38.67M.
What does research and development expense other than regulatory and clinical expense mean?
Includes all research and development expenditures excluding those specifically tied to regulatory compliance and clinical trials. This metric isolates the core innovation and product development investment from the mandatory costs of bringing a product to market. It is a key indicator of the company's commitment to long-term product pipeline growth.