---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-233939"
form_type: "8-K"
ticker: null
cik: "0001850266"
company_name: "Akili, Inc."
filed_at: "2023-09-13T23:59:59+00:00"
generated_at: "2026-06-10T19:24:00.796544+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Akili shifts to non-prescription model, cuts workforce 40%, extends cash runway to 2H 2025

## Summary
- Workforce reduced ~40%; field sales and market access teams eliminated, representing ~2/3 of cuts. Severance cost estimated $2.3–2.8M.
- EndeavorOTC generated 125,971 first-time downloads, 4,170 active subscribers, $81.88 ARPU in first three months.
- 2023 non-GAAP total opex guidance $55–60M; 2024 non-GAAP opex $42–47M.
- Cash, cash equivalents, and short-term investments expected to fund operations into 2H 2025.
- Non-prescription model expected to achieve 60–70% gross margins by late 2025.

## SEC filing metadata
- accession: 0001193125-23-233939
- form_type: 8-K
- cik: 0001850266
- company_name: Akili, Inc.
- filed_at: 2023-09-13T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.05, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1850266/000119312523233939/0001193125-23-233939-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1850266/000119312523233939/d554445d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-233939
- JSON: https://secwatch.observer/filing/0001193125-23-233939.json
- Plain text: https://secwatch.observer/filing/0001193125-23-233939.txt

## Key facts
- Restructurings & Charges
  Akili, Inc. announced a restructuring with charges of approximately $2.3 – $2.8 million affecting the Company (approximately 40%).
  - Type: restructuring
  - Charge: approximately $2.3 – $2.8 million
  - Affected area: the Company
  - Headcount: approximately 40%
  source text: of 2023. Affected employees will be offered severance and other benefits, and the Company estimates that these severance and termination-related costs will be approximately $2.3 – $2.8 million and expects to record these charges in the third quarter of 2023. The Company also expects that payments of most of these costs will be made in 2023. As a result of
  evidence_url: https://www.sec.gov/Archives/edgar/data/1850266/000119312523233939/0001193125-23-233939-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.