{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-22-114230","form_type":"8-K","ticker":"BFLY","cik":"0001804176","company_name":"Butterfly Network, Inc.","filed_at":"2022-11-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:52.208527+00:00","generated_at":"2026-06-22T09:42:35.128512+00:00","sec_items":["2.02","5.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Butterfly Q3 revenue up 34% to $19.6M but net loss widens; cuts FY revenue guide; CCO resigns","bullets":["Q3 revenue $19.6M (+34% YoY); product $13.2M, software/other $6.5M.","Net loss $54.7M vs $13.6M last year; adjusted EBITDA loss $32.9M.","Full-year 2022 revenue guidance revised to $73-76M; adjusted EBITDA loss reaffirmed $155-145M.","Gross margin improved to 56.0% from (35.0)%; adjusted gross margin 61.2%.","Chief Commercial Officer Stacey Pugh resigns effective Nov 24, 2022, not due to disagreement."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-22-114230","json":"https://secwatch.observer/filing/0001104659-22-114230.json","markdown":"https://secwatch.observer/filing/0001104659-22-114230.md","text":"https://secwatch.observer/filing/0001104659-22-114230.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1804176/000110465922114230/0001104659-22-114230-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1804176/000110465922114230/tm2229584d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-22T09:42:35.128512+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"4f8f995a919a92b39df9698cad7d2d75f329a477","claim":"Butterfly Network, Inc. reported the third quarter ended September 30, 2022 results: revenue $19.6 million, net income $54.7 million. Guidance lowered.","evidence_excerpt":"Butterfly Network, Inc. (NYSE: BFLY) (“Butterfly”), a digital health company transforming care with handheld, whole-body ultrasound, today announced financial results for the quarter ended September 30, 2022, and provided a business update. Highlights ● Reported total revenue of $19.6 million for the third quarter ended September 30, 2022, representing a 34.2% increase from $14.6 million for the third quarter ended September 30, 2021","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1804176/000110465922114230/0001104659-22-114230-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the third quarter ended September 30, 2022"},{"label":"Revenue","value":"$19.6 million"},{"label":"Net income","value":"$54.7 million"},{"label":"Guidance","value":"lowered"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"e0f6ae63cb","claim":"Stacey Pugh resigned as Chief Commercial Officer at Butterfly Network, Inc..","evidence_excerpt":"On November 1, 2022, Stacey Pugh, Chief Commercial Officer of the Company, notified the Company of her resignation effective as of November 24, 2022 to pursue another opportunity.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1804176/000110465922114230/0001104659-22-114230-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Chief Commercial Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}