{"schema_version":"secwatch.filing_event.v1","accession":"0001171843-25-003005","form_type":"8-K","ticker":"ANIK","cik":"0000898437","company_name":"Anika Therapeutics, Inc.","filed_at":"2025-05-09T23:59:59+00:00","discovered_at":"2026-05-14T18:02:51.736511+00:00","generated_at":"2026-05-22T02:46:01.977715+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Anika Q1 revenue down 10% to $26.2M; lowers FY2025 Adj. EBITDA guidance to -3% to 3%","bullets":["Revenue $26.2M, down 10% YoY; OEM channel down 23% to $14.9M, Commercial channel up 18% to $11.3M.","Adjusted net loss from continuing ops $0.9M ($0.06/share); Adjusted EBITDA $0.1M; cash $53.4M, no debt.","Updated FY2025 guidance: OEM revenue $62-65M (down 16-20%); Adj. EBITDA -3% to 3% (prev 8-10%).","Integrity procedures on pace to more than double in 2025; over 300 surgeries in Q1; Regenerative Solutions portfolio up 33% YoY.","Key regulatory milestones: Hyalofast second PMA module filed, MDR approved; Cingal NDA path cleared with FDA feedback."],"urls":{"canonical":"https://secwatch.observer/filing/0001171843-25-003005","json":"https://secwatch.observer/filing/0001171843-25-003005.json","markdown":"https://secwatch.observer/filing/0001171843-25-003005.md","text":"https://secwatch.observer/filing/0001171843-25-003005.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/898437/000117184325003005/0001171843-25-003005-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/898437/000117184325003005/f8k_050925.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-22T02:46:01.977715+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"}