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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
Income Statement — Q2 FY2026 vs Q4 FY2025
| Metric | ||
|---|---|---|
| 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.
| 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 |
| 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 |
| 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% |
| 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% |
| 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% |
| 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 | ||
|---|---|---|
| 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.
| 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 |
| 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 |
| 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 | ||
|---|---|---|
| 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.
| 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 |
| 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 |
| 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% |
| 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% |
| 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.