{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-138222","form_type":"8-K","ticker":null,"cik":"0001850266","company_name":"Akili, Inc.","filed_at":"2024-05-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:20.818141+00:00","generated_at":"2026-06-02T01:14:46.568390+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Akili reports Q1 revenue of $383K; prepays SVB debt; evaluating strategic alternatives","bullets":["Total revenues $383K in Q1 2024 vs $749K in Q4 2023, driven by reduced EndeavorOTC advertising spend.","GAAP net loss $9.8M in Q1 2024; cash and equivalents $63.2M as of March 31, 2024.","On May 8, 2024, voluntarily prepaid all debt under SVB loan agreement; no outstanding debt remaining.","Board evaluating strategic alternatives to maximize shareholder value, in parallel with restructuring and workforce reduction.","No longer reporting commercial metrics for EndeavorOTC; focus on supporting Shionogi agreement and existing customers."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-138222","json":"https://secwatch.observer/filing/0001193125-24-138222.json","markdown":"https://secwatch.observer/filing/0001193125-24-138222.md","text":"https://secwatch.observer/filing/0001193125-24-138222.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1850266/000119312524138222/0001193125-24-138222-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1850266/000119312524138222/d825820d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T01:14:46.568390+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":"dbd84f49e0c0f178c8b841bc2da0c586dd8471da","claim":"Akili, Inc. reported the quarter ended March 31, 2024 results: revenue $383 thousand, net income GAAP net loss was $9.8 million.","evidence_excerpt":"and cash equivalents as of March 31, 2024 were $63.2 million compared to $75.2 million as of December 31, 2023. ● Revenues: Total revenues for the first quarter of 2024 were $383 thousand compared to $749 thousand for the fourth quarter of 2023, primarily due to reduced EndeavorOTC advertising spend. ● Total Operating Expenses: GAAP total operating expenses were","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1850266/000119312524138222/0001193125-24-138222-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended March 31, 2024"},{"label":"Revenue","value":"$383 thousand"},{"label":"Net income","value":"GAAP net loss was $9.8 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}