{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-106190","form_type":"8-K","ticker":"IRIX","cik":"0001006045","company_name":"IRIDEX CORP","filed_at":"2026-03-13T23:59:59+00:00","discovered_at":"2026-05-14T18:02:34.388440+00:00","generated_at":"2026-05-15T12:16:57.398384+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"IRIDEX signs 90-month lease for new HQ in San Jose; annual rent starts at $646K","bullets":["Lease of 30,784 sq ft at 5215 Hellyer Ave, San Jose, CA; term 90 months starting July 1, 2026.","Annual base rent: Year 1 $646,464 ($53,872/month) escalating ~3% annually.","Six-month rent abatement following commencement; tenant responsible for operating expenses, taxes, utilities.","Option to extend term for additional 60 months at greater of prior rent or market rent.","Security deposit of $132,500; lease is triple net."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-106190","json":"https://secwatch.observer/filing/0001193125-26-106190.json","markdown":"https://secwatch.observer/filing/0001193125-26-106190.md","text":"https://secwatch.observer/filing/0001193125-26-106190.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1006045/000119312526106190/0001193125-26-106190-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1006045/000119312526106190/irix-20260309.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T12:16:57.398384+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":"ef306e20fbb3241ee26fd2f9334173162ea1effd","claim":"IRIDEX CORP entered into Lease with SFIII Hellyer, LLC and SFIII FOS Hellyer Holding, LLC valued at approximately $646,464 (effective 2026-03-09).","evidence_excerpt":"On March 9, 2026, IRIDEX Corporation (the “Company”) and SFIII Hellyer, LLC and SFIII FOS Hellyer Holding, LLC (the “Landlord”) entered into a triple net lease (the “Lease”)","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1006045/000119312526106190/0001193125-26-106190-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"lease"},{"label":"Counterparty","value":"SFIII Hellyer, LLC and SFIII FOS Hellyer Holding, LLC"},{"label":"Value","value":"approximately $646,464"},{"label":"Effective","value":"2026-03-09"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}