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Inspira Technologies Reports First Half 2025 Financial Results and Issues Business Update

Key Takeaway: Inspira Technologies reported its financial results for the first half of 2025, highlighting a successful shift from development to commercial operations. The company secured $49.5 million in purchase orders and demonstrated high accuracy in its HYLA blood sensor. With plans for FDA submission and a projected revenue run rate of at least $70 million in 2026, Inspira is positioned for growth.

Market Sentiment Analysis

POSITIVE FACTORS

  • Successful transition to commercial execution.
  • Secured $49.5 million in binding purchase orders.
  • High accuracy of HYLA blood sensor at 97.35%.
  • Targeting an annual revenue run rate of at least $70 million in 2026.

Full Press Release Details

RA'ANANA, Israel, Oct. 01, 2025 (GLOBE NEWSWIRE) -- Inspira™ Technologies OXY B.H.N. Ltd. (Nasdaq: IINN, IINNW) (“Inspira” or the “Company”), a pioneer in innovative life-support and diagnostic technologies, today announced its financial results for the six-month period ended June 30, 2025, and issued a business update.
“The first half of 2025 represents a pivotal transformation for Inspira as we have successfully transitioned from being a development-stage company to commencing commercial execution. Our technology is now saving lives in premier U.S. hospitals while generating growing commercial interest globally,” said Dagi Ben-Noon, Chief Executive Officer of Inspira. “With $49.5 million in binding purchase orders secured and clinical validation at leading medical institutions, including for complex lung transplant procedures, we are witnessing the accelerated adoption of our breakthrough platform. Our HYLA blood sensor’s 97.35% accuracy results position us well for our planned U.S. Food & Drug Administration (“FDA”) submission and further strengthens our outlook. As we are in position to scale manufacturing to meet this confirmed global demand, driven by the fulfillment of these orders and our expanding pipeline, we are targeting an annual revenue run rate of at least $70 million in 2026. To ensure we fully capitalize on this momentum, we have also engaged a leading strategic advisory firm to help guide our execution and unlock further avenues for growth, reinforcing our position as a transformative force in advanced respiratory care.”Recent Business and Operational Updates:
Financial Results for the Six Months Ended June 30, 2025
About Inspira TechnologiesInspira Technologies is a commercial-stage medical device company specializing in advanced respiratory support and real-time blood monitoring solutions. The Company’s U.S. Food and Drug Administration -cleared INSPIRA™ ART100 system is approved for cardiopulmonary bypass in the U.S. and ECMO (Extracorporeal Membrane Oxygenation) procedures outside the U.S and serves as a foundation for the development of the INSPIRA ART500, a next-generation system designed to deliver oxygenation while patients remain awake and spontaneously breathing. Inspira Technologies is also advancing HYLA™, a proprietary blood sensor platform offering continuous, non-invasive monitoring. With multiple cleared products, a growing IP portfolio, and strategic streamlining of its operations, Inspira Technologies is increasingly positioned as an attractive platform within the life-support and MedTech landscape. The Company’s recent internal shifts may reflect broader alignment with long-term industry trends, including consolidation, cross-sector collaboration, and potential strategic partnerships. For more information, visit: https://inspira-technologies.com
For more information, visit: https://inspira-technologies.com
Forward-Looking Statement DisclaimerThis press release contains express or implied forward-looking statements pursuant to U.S. Federal securities laws. These forward-looking statements are based on the current expectations of the management of the Company only and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. For example, the Company is using forward-looking statements when it discusses the benefits and advantages of its technology and devices, its belief that its HYLA blood sensor’s accuracy results position it well for its FDA submission and strengthens its outlook, its targeted annual revenue run rate and timing thereof, its expectation to recognize revenues and timing thereof, and the belief that its engagement with a strategic advisory firm will unlock further avenues for growth and reinforce its position as a transformative force in advanced respiratory care. These forward-looking statements and their implications are based solely on the current expectations of the Company’s management and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Except as otherwise required by law, the Company undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. More detailed information about the risks and uncertainties affecting the Company is contained under the heading “Risk Factors” in the Company’s annual report on Form 20-F for the fiscal year ended December 31, 2024, filed with the U.S. Securities and Exchange Commission (the “SEC”), which is available on the SEC’s website at www.sec.gov.
Company ContactInspira Technologies – Media RelationsEmail:info@inspirao2.comPhone: +972-9-9664485
IR ContactArx Investor RelationsNorth American Equities Deskinspira@arxhq.com
STATEMENTS OF BALANCE SHEETS(US dollars in thousands)
June 30, December 31,
2025 2024
ASSETS
Current Assets:
Cash and cash equivalents 2,126 5,111
Cash deposits - 668
Other accounts receivable 418 587
Inventory 711 444
Total current assets 3,255 6,810
Non-Current Assets:
Right of use assets, net 670 761
Property, plant and equipment, net 527 499
Total non-current assets 1,197 1,260
Total Assets 4,452 8,070
June 30, December 31,
2025 2024
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current Liabilities:
Trade accounts payables 170 154
Other accounts payable 1,478 1,364
Lease liabilities 292 277
Financial Liabilities at Fair Value 886 1,575
Total current liabilities 2,826 3,370
Non-Current Liabilities:
Lease liabilities 348 378
Total non-current liabilities 348 378
Shareholders’ Equity:
Share capital and additional paid in capital 74,250 70,896
Accumulated deficit (72,972 ) (66,574 )
Total equity 1,278 4,322
Total Liabilities and Shareholders’ Equity 4,452 8,070
STATEMENTS OF COMPREHENSIVE LOSS(US dollars in thousands)
Six monthsJune 30,2025 Six monthsJune 30,2024
Revenues 289 -
Cost of revenues 287 -
Gross Profit 2 -
Research and development expenses 3,638 3,270
General and administrative expenses 3,150 2,182
Sales and marketing expenses 442 349
Other expenses (income) 7 5
Operating loss 7,235 5,806
Interest Income from deposits (37 ) (83 )
Finance expenses (income), net (800 ) 517
Loss before tax 6,398 6,240
Taxes on income - -
Total comprehensive loss for the period 6,398 6,240
STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY(US dollars in thousands)
For the six months ended June 30, 2025:
Number ofshares Sharecapitalandadditionalpaid incapital Accumulateddeficit Total
Balance on January 1, 2025 24,252,096 70,896 (66,574 ) 4,322
Changes during the period:
Issuance of ordinary shares and Pre-funded warrants, net 2,575,753 1,508 - 1,508
Exercise of options 81,633 8 - 8
Exercise of Pre-funded warrants 658,372 * - -
Restricted share unit vesting 1,083,443 - - -
Share-based compensation - 1,838 - 1,838
Comprehensive and net loss - - (6,398 ) (6,398 )
Balance on June 30, 2025 28,651,297 74,250 (72,972 ) 1,278
* Less than one thousand
For More Financial Information:For a comprehensive understanding of the Company’s financial reports and related management’s discussion and analysis for applicable periods, please review the Company’s annual report on Form 20-F for the fiscal year ended December 31, 2024, and the Company’s Form 6-K containing the unaudited condensed consolidated financial statements for the six months ended June 30, 2025, both available on the Company’s EDGAR profile at https://www.sec.gov/edgar

Frequently Asked Questions

What financial results did Inspira Technologies report?

Inspira Technologies reported securing $49.5 million in binding purchase orders for H1 2025.

What is the accuracy of the HYLA blood sensor?

The HYLA blood sensor demonstrated an accuracy of 97.35%.

What revenue target does Inspira Technologies have for 2026?

Inspira Technologies is targeting an annual revenue run rate of at least $70 million in 2026.

What is the significance of the FDA submission?

The FDA submission is crucial for validating the HYLA blood sensor and expanding its market reach.

Last updated: Oct 1, 2025