{"schema_version":"secwatch.filing_event.v1","accession":"0001299130-25-000033","form_type":"8-K","ticker":"PACB","cik":"0001299130","company_name":"PACIFIC BIOSCIENCES OF CALIFORNIA, INC.","filed_at":"2025-02-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:03.243982+00:00","generated_at":"2026-05-26T22:07:00.025868+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"PacBio Q4 rev $39.2M (-33% YoY), $90M impairment, non-GAAP loss $55.3M","bullets":["Revenue $39.2M vs $58.4M prior year; instrument revenue fell to $15.3M from $35.1M.","GAAP net income of $3.6M includes $154.4M gain on debt restructuring; non-GAAP net loss $55.3M ($0.20 loss per share).","Preliminary non-cash impairment charges of ~$90.1M for goodwill and IPR&D due to macroeconomic headwinds.","Cash $389.9M, down from $631.4M; convertible note exchange reduced principal by $259M.","Launched Vega benchtop platform and SPRQ chemistry enabling sub-$500 genome, with 23 Revio and 7 Vega systems shipped."],"urls":{"canonical":"https://secwatch.observer/filing/0001299130-25-000033","json":"https://secwatch.observer/filing/0001299130-25-000033.json","markdown":"https://secwatch.observer/filing/0001299130-25-000033.md","text":"https://secwatch.observer/filing/0001299130-25-000033.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1299130/000129913025000033/0001299130-25-000033-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1299130/000129913025000033/pacb-20250213.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-26T22:07:00.025868+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"}