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Side-by-side financial comparison of HeartSciences Inc. (HSCS) and Whitehawk Therapeutics, Inc. (WHWK). Click either name above to swap in a different company.

Meril Life Sciences is an Indian multinational medical device company, with headquarters in Vapi, Gujarat, India. It was founded in 2006 and is a part of the Bilakhia Group. The company is engaged in the manufacturing of vascular intervention devices, orthopedic implants, robotics, endosurgery, ENT products and in-vitro diagnostics. Meril Life Sciences operates in over 150 countries and has employed 10000 people, as of 2024.

HSCS vs WHWK — Head-to-Head

Bigger by revenue
HSCS
HSCS
Infinity× larger
HSCS
$2.4K
$0
WHWK

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
HSCS
HSCS
WHWK
WHWK
Revenue
$2.4K
$0
Net Profit
$-2.4M
$-23.3M
Gross Margin
58.3%
Operating Margin
-85713.2%
Net Margin
-97179.4%
Revenue YoY
Net Profit YoY
-12.9%
-27.2%
EPS (diluted)
$-0.85
$-1.14

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
HSCS
HSCS
WHWK
WHWK
Q4 25
$2.4K
$0
Q3 25
$1.9K
$0
Q2 25
$0
Q1 25
$0
$7.1M
Q4 24
$7.2M
Q3 24
$7.2M
Q2 24
$6.2M
Q1 24
$14.7K
$5.4M
Net Profit
HSCS
HSCS
WHWK
WHWK
Q4 25
$-2.4M
$-23.3M
Q3 25
$-2.1M
$-17.7M
Q2 25
$-52.6M
Q1 25
$-2.5M
$73.0M
Q4 24
$-18.3M
Q3 24
$-12.5M
Q2 24
$-14.6M
Q1 24
$-1.6M
$-18.3M
Gross Margin
HSCS
HSCS
WHWK
WHWK
Q4 25
58.3%
Q3 25
60.0%
Q2 25
Q1 25
89.4%
Q4 24
89.1%
Q3 24
88.9%
Q2 24
87.4%
Q1 24
69.0%
87.8%
Operating Margin
HSCS
HSCS
WHWK
WHWK
Q4 25
-85713.2%
Q3 25
-98637.8%
Q2 25
Q1 25
-213.0%
Q4 24
-261.8%
Q3 24
-186.0%
Q2 24
-252.2%
Q1 24
-10376.7%
-364.5%
Net Margin
HSCS
HSCS
WHWK
WHWK
Q4 25
-97179.4%
Q3 25
-108157.6%
Q2 25
Q1 25
1021.9%
Q4 24
-252.4%
Q3 24
-174.0%
Q2 24
-236.0%
Q1 24
-11182.4%
-341.7%
EPS (diluted)
HSCS
HSCS
WHWK
WHWK
Q4 25
$-0.85
$-1.14
Q3 25
$-1.58
$-0.26
Q2 25
$-0.76
Q1 25
$-2.57
$1.83
Q4 24
$-0.68
Q3 24
$-0.46
Q2 24
$-0.54
Q1 24
$-3.01
$-0.68

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
HSCS
HSCS
WHWK
WHWK
Cash + ST InvestmentsLiquidity on hand
$2.0M
$145.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$4.2M
$136.3M
Total Assets
$6.0M
$150.8M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HSCS
HSCS
WHWK
WHWK
Q4 25
$2.0M
$145.7M
Q3 25
$2.8M
$162.6M
Q2 25
$177.2M
Q1 25
$2.6M
$231.1M
Q4 24
$47.2M
Q3 24
$62.6M
Q2 24
$78.6M
Q1 24
$7.1M
$88.3M
Stockholders' Equity
HSCS
HSCS
WHWK
WHWK
Q4 25
$4.2M
$136.3M
Q3 25
$3.1M
$157.2M
Q2 25
$172.1M
Q1 25
$1.8M
$221.7M
Q4 24
$52.5M
Q3 24
$68.9M
Q2 24
$78.8M
Q1 24
$8.6M
$90.5M
Total Assets
HSCS
HSCS
WHWK
WHWK
Q4 25
$6.0M
$150.8M
Q3 25
$6.4M
$167.0M
Q2 25
$180.8M
Q1 25
$5.7M
$234.0M
Q4 24
$70.3M
Q3 24
$85.7M
Q2 24
$101.6M
Q1 24
$10.8M
$111.1M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
HSCS
HSCS
WHWK
WHWK
Operating Cash FlowLast quarter
$-2.3M
$-17.2M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HSCS
HSCS
WHWK
WHWK
Q4 25
$-2.3M
$-17.2M
Q3 25
$-2.0M
$-15.4M
Q2 25
$-53.0M
Q1 25
$-1.6M
$-11.9M
Q4 24
$-15.1M
Q3 24
$-15.7M
Q2 24
$-9.2M
Q1 24
$-2.1M
$-19.7M
Free Cash Flow
HSCS
HSCS
WHWK
WHWK
Q4 25
Q3 25
Q2 25
$-53.0M
Q1 25
$-12.4M
Q4 24
$-15.2M
Q3 24
$-15.9M
Q2 24
$-9.7M
Q1 24
$-2.1M
$-20.4M
FCF Margin
HSCS
HSCS
WHWK
WHWK
Q4 25
Q3 25
Q2 25
Q1 25
-173.8%
Q4 24
-210.5%
Q3 24
-220.1%
Q2 24
-157.0%
Q1 24
-14352.1%
-380.9%
Capex Intensity
HSCS
HSCS
WHWK
WHWK
Q4 25
Q3 25
Q2 25
Q1 25
7.7%
Q4 24
2.6%
Q3 24
2.6%
Q2 24
8.8%
Q1 24
59.8%
13.8%
Cash Conversion
HSCS
HSCS
WHWK
WHWK
Q4 25
Q3 25
Q2 25
Q1 25
-0.16×
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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