{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-308023","form_type":"8-K","ticker":"EXOD","cik":"0001821534","company_name":"Exodus Movement, Inc.","filed_at":"2026-07-17T21:26:58+00:00","discovered_at":"2026-07-17T21:28:00.253374+00:00","generated_at":"2026-07-17T21:28:06.752132+00:00","sec_items":["2.05","7.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Exodus Movement cuts 25% of workforce (~77 employees) in restructuring to focus on payments platform","bullets":["Workforce reduction of ~77 employees/service providers (~25% of global workforce) approved July 16, 2026.","Estimated pre-tax charges of $2.5M-$3.5M for severance and benefits, paid over 12 weeks.","Expects annualized cash operating expense savings of $10M-$13M, full benefit in 2027.","Restructuring aligns with strategic transition to full-stack stablecoin payments infrastructure, integrating Monavate and Baanx.","Plan expected to be completed in Q4 2026."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-308023","json":"https://secwatch.observer/filing/0001193125-26-308023.json","markdown":"https://secwatch.observer/filing/0001193125-26-308023.md","text":"https://secwatch.observer/filing/0001193125-26-308023.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1821534/000119312526308023/0001193125-26-308023-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1821534/000119312526308023/d63529d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-07-17T21:28:06.752132+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"}