{"version":"company-facts.v1","source":"https://secwatch.observer","generated_at":"2026-06-28T11:36:21.531487+00:00","company":{"ticker":"SI","cik":1699350,"company_name":"SHOULDER INNOVATIONS, INC."},"pagination":{"limit":100,"returned":5,"next_cursor":null},"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer","counterparties":{"contract_counterparty":[{"display_name":"Ventura Office Park Lot #8, LLC","detail":"lease","count":1,"first_seen":"2026-04-14T23:59:59+00:00","last_seen":"2026-04-14T23:59:59+00:00","evidence_fact_ids":[24758]}]},"facts":[{"fact_type":"earnings_release","fact_key":"267b44b702ede1137de394c31e0ca0f257c514ea","cik":1699350,"ticker":"SI","company_name":"SHOULDER INNOVATIONS, INC.","filed_at":"2026-05-13T20:08:18+00:00","payload":{"eps_text":null,"guidance_signal":"raised","item_codes_triggered":["2.02"],"net_income_text":"$8.4 million","period_text":"the first quarter ended March 31, 2026","report_date":"2026-05-13","result_type":"reported_results","revenue_text":"$16.7 million"},"claim":"SHOULDER INNOVATIONS, INC. reported the first quarter ended March 31, 2026 results: revenue $16.7 million, net income $8.4 million. Guidance raised.","evidence_excerpt":"the shoulder surgical care market, today reported financial results for the first quarter ended March 31, 2026. First Quarter Financial Highlights • Generated net revenue of $16.7 million in the first quarter, a 65% increase over the first quarter of 2025 • Achieved gross margin of 77.7% for the first quarter compared to 76.9% for the first quarter of 2025 •","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001699350-26-000033","anchor_url":"https://secwatch.observer/filing/0001699350-26-000033#claim-267b44b702ede1137de394c31e0ca0f257c514ea","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1699350/000169935026000033/0001699350-26-000033-index.htm"},{"fact_type":"material_agreement","fact_key":"8929296b6cb5427476f586983d0edb5e90fc950e","cik":1699350,"ticker":"SI","company_name":"SHOULDER INNOVATIONS, INC.","filed_at":"2026-04-14T23:59:59+00:00","payload":{"action":"entry","agreement_name":"Lease Agreement","agreement_type":"lease","counterparty":"Ventura Office Park Lot #8, LLC","effective_date":"2026-04-13","item_codes_triggered":["1.01"],"value_text":"approximately $4.4 million"},"claim":"SHOULDER INNOVATIONS, INC. entered into Lease Agreement with Ventura Office Park Lot #8, LLC valued at approximately $4.4 million (effective 2026-04-13).","evidence_excerpt":"On April 13, 2026, Shoulder Innovations, Inc. (the “Company”) entered into a lease agreement (the “Lease Agreement”) with Ventura Office Park Lot #8, LLC (the “Landlord”), whereby the Landlord has agreed to construct the Company a new commercial building of approximately 15,200 square feet located at 6320 Venture Hills Boulevard, SW, Lot 8, Byron Center, Michigan 49315 (the “Premises”).","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001699350-26-000016","anchor_url":"https://secwatch.observer/filing/0001699350-26-000016#claim-8929296b6cb5427476f586983d0edb5e90fc950e","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1699350/000169935026000016/0001699350-26-000016-index.htm"},{"fact_type":"earnings_release","fact_key":"b00fe52668fb46ee64730107f78d2849de668f43","cik":1699350,"ticker":"SI","company_name":"SHOULDER INNOVATIONS, INC.","filed_at":"2026-03-10T23:59:59+00:00","payload":{"eps_text":null,"guidance_signal":"initiated","item_codes_triggered":["2.02"],"net_income_text":null,"period_text":"fourth quarter and year ended December 31, 2025","report_date":"2026-03-10","result_type":"reported_results","revenue_text":null},"claim":"SHOULDER INNOVATIONS, INC. updated its fourth quarter and year ended December 31, 2025 guidance (initiated).","evidence_excerpt":"On March 10, 2026, Shoulder Innovations, Inc. (the “Company”) issued a press release announcing financial results for the fourth quarter and year ended December 31, 2025.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001699350-26-000010","anchor_url":"https://secwatch.observer/filing/0001699350-26-000010#claim-b00fe52668fb46ee64730107f78d2849de668f43","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1699350/000169935026000010/0001699350-26-000010-index.htm"},{"fact_type":"governance_change","fact_key":"69e909a001aa37ad537a6991a92ca3cf25c12015","cik":1699350,"ticker":"SI","company_name":"SHOULDER INNOVATIONS, INC.","filed_at":"2025-08-04T23:59:59+00:00","payload":{"change_type":"bylaw_amendment","effective_date":"2025-08-01","item_codes_triggered":["5.03"],"summary_text":"Amended and restated bylaws became effective upon effectiveness of the Restated Certificate, establishing procedures for stockholder proposals, director nominations, and conforming to amended charter."},"claim":"SHOULDER INNOVATIONS, INC.: Amended and restated bylaws became effective upon effectiveness of the Restated Certificate, establishing procedures for stockholder proposals, director nominations, and conforming to amended charter (effective 2025-08-01).","evidence_excerpt":"On August 1, 2025, in connection with the closing of the IPO, the amended and restated bylaws of the Company (the “Amended and Restated Bylaws”), previously approved by the Company’s board of directors to become effective upon the effectiveness of the Restated Certificate, became effective.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001628280-25-037418","anchor_url":"https://secwatch.observer/filing/0001628280-25-037418#claim-69e909a001aa37ad537a6991a92ca3cf25c12015","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1699350/000162828025037418/0001628280-25-037418-index.htm"},{"fact_type":"governance_change","fact_key":"92c50ca36e7e62e1b285a57a5a44d64f618c3de9","cik":1699350,"ticker":"SI","company_name":"SHOULDER INNOVATIONS, INC.","filed_at":"2025-08-04T23:59:59+00:00","payload":{"change_type":"charter_amendment","effective_date":"2025-08-01","item_codes_triggered":["5.03"],"summary_text":"Amended and restated certificate of incorporation filed to, among other things, increase authorized common stock to 730,000,000 shares, authorize 20,000,000 shares of undesignated preferred stock, establish classified board with staggered three-year terms, and make related governance changes upon cl"},"claim":"SHOULDER INNOVATIONS, INC.: Amended and restated certificate of incorporation filed to, among other things, increase authorized common stock to 730,000,000 shares, authorize 20,000,000 shares of undesignated preferred stock, establish classified board with staggered three-year terms, and make related governance changes upon cl (effective 2025-08-01).","evidence_excerpt":"On August 1, 2025, Shoulder Innovations, Inc. (the “Company”) filed an amended and restated certificate of incorporation (the “Restated Certificate”) with the Secretary of State of the State of Delaware in connection with the closing of the initial public offering (the “IPO”) of shares of its common stock.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001628280-25-037418","anchor_url":"https://secwatch.observer/filing/0001628280-25-037418#claim-92c50ca36e7e62e1b285a57a5a44d64f618c3de9","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1699350/000162828025037418/0001628280-25-037418-index.htm"}]}