{"filings":[{"id":172373,"accession_number":"0000950170-25-031237","cik":1407973,"company_name":"Sonendo, Inc.","ticker":"SONX","form_type":"8-K","filed_at":"2025-03-04T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Sonendo defers debt amortization, conditions relief on $8M equity raise by March 31","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Feb 28, 2025 amortization payment deferred to March 31; waived if $8M gross proceeds equity raise completed by that date.","No amortization payments due through Sept 30, 2025 if equity raise closes; further deferral through March 2026 needs $5M additional financing.","Going concern qualification in FY2024 audit waived; revenue covenants adjusted downward contingent on equity raise.","Amendment signed with Perceptive Credit Holdings III, LP as sole lender and collateral agent."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":141042.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":189376,"accession_number":"0000950170-24-125416","cik":1407973,"company_name":"Sonendo, Inc.","ticker":"SONX","form_type":"8-K","filed_at":"2024-11-12T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Sonendo Q3 revenue $8M, gross margin 41.2%, operating loss $7.5M; evaluating strategic alternatives","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q3 2024 total revenue $8.0M; GAAP operating loss $7.5M, improved 57% YoY.","GAAP gross margin 41.2%, adjusted gross margin 42.6%, driven by lower manufacturing and warranty costs.","Adjusted EBITDA loss $5.1M (54% YoY improvement); free cash flow burn $4.3M (59% reduction).","Company was not the winning bidder in Biolase bankruptcy auction; evaluating financing and strategic alternatives.","Double-digit console backlog carried over for third consecutive quarter."],"consensus_eps_estimate":-20.4,"consensus_eps_actual":-45.59,"consensus_revenue_estimate":null,"consensus_revenue_actual":36500000.0,"consensus_period":"2024-Q3","consensus_source":"xbrl+finnhub","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":141042.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":189375,"accession_number":"0000950170-24-124311","cik":1407973,"company_name":"Sonendo, Inc.","ticker":"SONX","form_type":"8-K","filed_at":"2024-11-12T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Sonendo loses Biolase stalking-horse auction; expects break-up fee and expense reimbursement","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Sonendo was not the winning bidder in Biolase bankruptcy auction held Nov 4, 2024.","Asset Purchase Agreement will terminate if winning bidder closes; Sonendo not proceeding.","Sonendo entitled to break-up fee equal to 3% of Purchase Price plus capped expense reimbursement up to $575,000.","Transaction termination subject to final Bankruptcy Court approval."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":141042.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":189374,"accession_number":"0000950170-24-116021","cik":1407973,"company_name":"Sonendo, Inc.","ticker":"SONX","form_type":"8-K","filed_at":"2024-10-22T23:59:59+00:00","items":["3.03","5.03","9.01"],"status":"ready","headline":"Sonendo announces 1-for-200 reverse stock split effective Oct 18, 2024","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Reverse stock split at 1-for-200 ratio, effective October 18, 2024.","No fractional shares issued; cash in lieu paid at $0.05 per post-split share.","New CUSIP number for common stock: 835431206.","Board approved split in September 2024 after stockholder authorization at June 2024 annual meeting.","Trading continues on OTC Markets under symbol SONX."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":141042.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":189373,"accession_number":"0000950170-24-113952","cik":1407973,"company_name":"Sonendo, Inc.","ticker":"SONX","form_type":"8-K","filed_at":"2024-10-10T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Sonendo prelim Q3 rev $7.9-$8.0M, raises FY2024 guidance; stalking horse bid for Biolase assets","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Total revenue expected $7.9-$8.0M; console approx $1.8M, procedural instruments approx $5.1M.","Cash, cash equivalents and short-term investments approx $17.3M at Sept 30, 2024.","Full-year 2024 revenue guidance raised to $31.5-$32.5M from prior $31.0-$32.0M.","Double-digit console backlog for third straight quarter.","Positioned as stalking horse bidder to acquire certain assets of Biolase in Chapter 11 bankruptcy."],"consensus_eps_estimate":-20.4,"consensus_eps_actual":-45.59,"consensus_revenue_estimate":null,"consensus_revenue_actual":36500000.0,"consensus_period":"2024-Q3","consensus_source":"xbrl+finnhub","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":141042.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":189372,"accession_number":"0000950170-24-111050","cik":1407973,"company_name":"Sonendo, Inc.","ticker":"SONX","form_type":"8-K","filed_at":"2024-10-02T23:59:59+00:00","items":["1.01","7.01","9.01"],"status":"ready","headline":"Sonendo to acquire certain Biolase assets for $14M; files $59M patent claim","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Sonendo signs asset purchase agreement to buy dental laser assets of bankrupt Biolase for $14M cash plus liability assumption.","Sonendo designated as stalking horse bidder; sale subject to Bankruptcy Court approval and higher competing bids.","Break-up fee of $420K plus expense reimbursement payable if Sellers accept a competing bid.","Sonendo subsidiary files $59M proof of claim in Biolase bankruptcy for alleged patent infringement.","Transaction expected to close by Dec 31, 2024; no assurances of successful acquisition."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":141042.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":205870,"accession_number":"0000950170-24-107269","cik":1407973,"company_name":"Sonendo, Inc.","ticker":"SONX","form_type":"8-K","filed_at":"2024-09-17T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Sonendo signs non-binding LOI to serve as stalking horse bidder for Biolase assets in Ch. 11","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Wholly-owned subsidiary entered non-binding LOI on Aug 30, 2024 with Biolase, Inc.","Sonendo evaluating role as stalking horse bidder for Biolase's potential Chapter 11 in Delaware.","Engaged Craig-Hallum Capital Group and Stifel to assist in evaluation.","Transaction would involve purchase of Biolase assets; no definitive agreement yet.","All advisers are assisting with due diligence and strategic assessment."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":141042.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":205869,"accession_number":"0000950170-24-102379","cik":1407973,"company_name":"Sonendo, Inc.","ticker":"SONX","form_type":"8-K","filed_at":"2024-08-30T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Sonendo Chief Talent Officer Roy T. Chen resigns effective Sept 6, 2024; role not replaced","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Roy T. Chen resigns as Chief Talent Officer to pursue another opportunity.","Resignation effective September 6, 2024; Company will not fill the vacancy.","Human Resources organization will report to CFO John Bostjancic after Chen's departure."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":141042.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":205868,"accession_number":"0000950170-24-098100","cik":1407973,"company_name":"Sonendo, Inc.","ticker":"SONX","form_type":"8-K","filed_at":"2024-08-16T23:59:59+00:00","items":["4.01","9.01"],"status":"ready","headline":"Sonendo dismisses EY, appoints BDO as auditor; EY reports cited going concern doubt","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Dismissed Ernst & Young as independent accountant effective Aug 14, 2024.","EY's audit reports for FY2023 and FY2022 contained explanatory paragraph on substantial doubt about Sonendo's ability to continue as going concern.","No disagreements or reportable events during EY's tenure through resignation.","Appointed BDO USA as new independent auditor effective Aug 14, 2024; no prior consultations."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":141042.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":205867,"accession_number":"0000950170-24-092768","cik":1407973,"company_name":"Sonendo, Inc.","ticker":"SONX","form_type":"8-K","filed_at":"2024-08-07T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Sonendo posts Q2 revenue $8.3M; reduces adj. EBITDA loss 55% YoY; raises FY guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $8.3M; GAAP gross margin 37.5% vs -5.5% YoY; adjusted gross margin 40.7%.","GAAP operating loss $6.7M vs $18.1M Q2 2023; adjusted EBITDA loss $5.7M, down 55% YoY.","Raised FY 2024 revenue guidance to $31-32M from $29-31M; cites commercial discipline and margin expansion.","Free cash flow burn improved to -$6.7M from -$9.8M YoY; console backlog maintained for second straight quarter.","Management highlights GentleWave G4 reliability; upgrade programs re-engaging legacy customers."],"consensus_eps_estimate":-24.48,"consensus_eps_actual":-0.15,"consensus_revenue_estimate":null,"consensus_revenue_actual":38900000.0,"consensus_period":"2024-Q2","consensus_source":"xbrl+finnhub","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":141042.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":222872,"accession_number":"0000950170-24-071861","cik":1407973,"company_name":"Sonendo, Inc.","ticker":"SONX","form_type":"8-K","filed_at":"2024-06-11T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Sonendo annual meeting elects directors, ratifies EY, approves reverse stock split up to 1:200","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Anthony P. Bihl III and Carolyn Beaver elected Class III directors with 33.3M and 33.2M votes for, plus 14.8M broker non-votes.","Ratification of Ernst & Young as auditor for FY2024 approved with 50.6M for, 479K against, 387K abstaining.","Amendment to authorize reverse stock split at ratio between 1:10 and 1:200, at board discretion, approved (44.9M for, 6.5M against)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":141042.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":222871,"accession_number":"0000950170-24-069381","cik":1407973,"company_name":"Sonendo, Inc.","ticker":"SONX","form_type":"8-K","filed_at":"2024-06-05T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Sonendo appoints new CFO, SVP Marketing, promotes SVP Operations; adds 1M shares to inducement plan","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["John Bostjancic appointed CFO effective June 5, 2024; salary $425k, 60% target bonus, 720k RSUs vesting over 4 years.","Bob Guyatt appointed SVP Marketing effective April 23, 2024; John McGaugh promoted to SVP Operations effective March 1, 2024.","Board amended inducement plan adding 1,000,000 shares reserved for future equity grants.","CEO cites reset strategy focusing on commercial execution, margin expansion, cash conservation."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":141042.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":222870,"accession_number":"0000950170-24-055640","cik":1407973,"company_name":"Sonendo, Inc.","ticker":"SONX","form_type":"8-K","filed_at":"2024-05-08T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Sonendo Q1 revenue $7.0M beats guidance; raises 2024 revenue outlook to $29-31M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q1 revenue $7.0M, exceeding guidance of $6.0M; installed base 1,142 consoles.","GAAP operating loss $10.2M; non-GAAP operating loss $7.5M, 41% improvement YoY.","GAAP gross margin 28%; non-GAAP 30%, improvement >700 bps vs Q1 2023.","Raised FY2024 revenue guidance to $29-31M from prior $28-30M.","Divested TDO practice management software in March 2024, gain of $5.7M."],"consensus_eps_estimate":18.36,"consensus_eps_actual":-0.07,"consensus_revenue_estimate":null,"consensus_revenue_actual":41600000.0,"consensus_period":"2024-Q1","consensus_source":"xbrl+finnhub","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":141042.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":222869,"accession_number":"0000950170-24-044507","cik":1407973,"company_name":"Sonendo, Inc.","ticker":"SONX","form_type":"8-K","filed_at":"2024-04-15T23:59:59+00:00","items":["3.01"],"status":"ready","headline":"Sonendo withdraws NYSE delisting appeal; stock moves to OTCQX","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["Sonendo withdrew its appeal of the NYSE's delisting determination on April 11, 2024.","NYSE will apply to the SEC to delist Sonendo's common stock from the NYSE.","Sonendo's common stock trades on the OTCQX under symbol SONX."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":141042.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":222868,"accession_number":"0000950170-24-043348","cik":1407973,"company_name":"Sonendo, Inc.","ticker":"SONX","form_type":"8-K","filed_at":"2024-04-10T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Director Sadie Stern to not stand for reelection to Sonendo board at 2024 annual meeting","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Sadie Stern notified on April 5, 2024, she will not stand for reelection at the 2024 Annual Meeting.","She continues as Class III director and committee member until the meeting.","Decision is not due to any dispute or disagreement with the company or board.","Company expresses gratitude for her service."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":141042.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":242345,"accession_number":"0000950170-24-035324","cik":1407973,"company_name":"Sonendo, Inc.","ticker":"SONX","form_type":"8-K/A","filed_at":"2024-03-22T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Sonendo appoints Chris Guo as Interim CFO with $300K salary and $60K retention bonus","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Chris Guo appointed Interim CFO effective March 15, 2024, per original 8-K of March 8.","Annual base salary set at $300,000 for the Interim CFO role.","Eligible for bonus program with target incentive of 40% of base salary (pro-rated).","Retention bonus of $60,000: $40,000 payable within 12 months, $20,000 upon milestones.","Offer letter executed on March 18, 2024, amends prior disclosure."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.45,"market_cap_usd":141042.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":242349,"accession_number":"0000950170-24-029240","cik":1407973,"company_name":"Sonendo, Inc.","ticker":"SONX","form_type":"8-K","filed_at":"2024-03-11T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Sonendo reports FY2023 rev $43.9M (+5%), guides FY2024 rev $28-30M; sells TDO, restructures debt","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["FY2023 rev $43.9M (+5% YoY); Q4 rev $11.7M (down from $12.2M).","Net loss FY2023 $60.9M vs $57.1M in 2022; Q4 net loss $10.9M unchanged.","Guides FY2024 rev $28-30M (ex-TDO); cash $46.8M at year-end.","Divested TDO software for ~$16M; restructured Perceptive loan with $15M repayment & monthly payments.","Installed base 1,134 units (+16% YoY); Q4 GAAP gross margin 33% vs 27% prior year."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":141042.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":242348,"accession_number":"0000950170-24-028640","cik":1407973,"company_name":"Sonendo, Inc.","ticker":"SONX","form_type":"8-K","filed_at":"2024-03-08T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Sonendo CFO Michael P. Watts resigns effective March 15; Chris Guo appointed Interim CFO","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Michael P. Watts resigns as CFO, effective March 15, 2024, to pursue other opportunities; no disagreement with company.","Chris Guo, VP Finance and Corporate Controller since July 2021, named Interim CFO.","Watts will not receive severance but may provide consulting post-departure.","Guo previously held finance roles at Evolus, Amphastar, and Ernst & Young; CPA with MAcc from Oklahoma.","Board will search for permanent CFO."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":141042.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":242347,"accession_number":"0000950170-24-024997","cik":1407973,"company_name":"Sonendo, Inc.","ticker":"SONX","form_type":"8-K","filed_at":"2024-03-05T23:59:59+00:00","items":["1.01","2.01","2.03","7.01","9.01"],"status":"ready","headline":"Sonendo sells TDO Software for ~$16M, repays $15M debt to Perceptive Credit","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Sold TDO Software assets to Valsoft for ~$16.0M total; $15.0M paid at closing, balance in ~12 months.","Used $15.0M closing payment for one-time principal repayment on Perceptive Credit loan.","Credit agreement amended to initiate monthly principal payments starting March 2024 and modify revenue covenants.","Company will focus solely on GentleWave System after divestiture; TDO employees to receive comparable offers from Valsoft.","Stifel served as financial advisor; Reed Smith as legal counsel."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":141042.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":null}