{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-24-115295","form_type":"8-K","ticker":"PACB","cik":"0001299130","company_name":"PACIFIC BIOSCIENCES OF CALIFORNIA, INC.","filed_at":"2024-11-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:08.010408+00:00","generated_at":"2026-05-30T03:20:55.314312+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":"PacBio Q3 revenue falls 28% to $40M; CFO resigns; notes exchange with SoftBank","bullets":["Revenue $40.0M (-28% YoY); instrument revenue $16.8M (down from $34.7M); 22 Revio systems shipped.","Net loss $60.7M ($0.22/sh) vs $66.9M ($0.26) prior year; non-GAAP net loss $46.0M ($0.17).","CFO Susan Kim resigns effective Dec 6; no severance; search for replacement underway.","Announced $459M convertible note exchange (1.50% due 2028) with SoftBank, expected close Nov 21.","Launched SPRQ chemistry increasing Revio throughput 33%; unveiled Vega benchtop sequencer at $169K."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-24-115295","json":"https://secwatch.observer/filing/0001104659-24-115295.json","markdown":"https://secwatch.observer/filing/0001104659-24-115295.md","text":"https://secwatch.observer/filing/0001104659-24-115295.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1299130/000110465924115295/0001104659-24-115295-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1299130/000110465924115295/tm2427787d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T03:20:55.314312+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":"f12630a1a8","claim":"Susan Kim resigned as Chief Financial Officer at PACIFIC BIOSCIENCES OF CALIFORNIA, INC..","evidence_excerpt":"On November 5, 2024, Susan Kim notified the Company that she is voluntarily resigning as Chief Financial Officer of the Company effective on December 6, 2024, to accept a position at another organization.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1299130/000110465924115295/0001104659-24-115295-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Chief Financial Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}