{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-25-001060","form_type":"8-K","ticker":"VCEL","cik":"0000887359","company_name":"Vericel Corp","filed_at":"2025-01-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:06.691751+00:00","generated_at":"2026-05-28T02:33:14.612982+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Vericel reports preliminary FY2024 revenue up 20% to ~$237M, adj EBITDA margin ~22%; Q4 MACI rev $68.2-68.7M","bullets":["FY2024 total revenue ~$237-237.5M (+20% YoY); MACI revenue ~$197.2-197.7M (+20%); Burn Care $40M (+22%).","Q4 2024 MACI revenue $68.2-68.7M (+20-21% YoY, +53% QoQ); gross margin ~77%; net income ~$17.5-18.5M.","FY2024 adj EBITDA margin ~22%; Q4 adj EBITDA margin ~39%; cash & investments ~$167M, no debt.","2025 guidance: revenue growth 20-23%, gross margin 73-74%, adj EBITDA margin 25-26%.","Mid-term targets raised: gross margin high-70% range, adj EBITDA margin high-30% range by 2029."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-25-001060","json":"https://secwatch.observer/filing/0001140361-25-001060.json","markdown":"https://secwatch.observer/filing/0001140361-25-001060.md","text":"https://secwatch.observer/filing/0001140361-25-001060.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/887359/000114036125001060/0001140361-25-001060-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/887359/000114036125001060/ef20041599_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-28T02:33:14.612982+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}