{"schema_version":"secwatch.filing_event.v1","accession":"0001388658-24-000156","form_type":"8-K","ticker":"IRTC","cik":"0001388658","company_name":"iRhythm Holdings, Inc.","filed_at":"2024-09-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:12.868198+00:00","generated_at":"2026-05-31T06:24:54.887479+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"iRhythm licenses BioIntelliSense sensor tech for up to $35M + royalties; reaffirms FY2024 guidance","bullets":["iRhythm pays $15M upfront and up to $20M in milestone payments for an exclusive ACM license of pulse oximetry, accelerometry, and non-invasive BP tech.","Also purchased $40M in convertible notes from BioIntelliSense; $20M of Milestone Notes will be cancelled upon regulatory milestones.","Low single-digit royalties on home sleep testing product sales; license expires 10 years after first commercial sale per country.","iRhythm expects a non-recurring acquired IPR&D expense in 2024 but no material additional development costs; FY2024 revenue, gross margin, and adjusted EBITDA guidance reaffirmed.","Deal aims to expand iRhythm's ACM platform and enable entry into sleep apnea and other adjacent indications."],"urls":{"canonical":"https://secwatch.observer/filing/0001388658-24-000156","json":"https://secwatch.observer/filing/0001388658-24-000156.json","markdown":"https://secwatch.observer/filing/0001388658-24-000156.md","text":"https://secwatch.observer/filing/0001388658-24-000156.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1388658/000138865824000156/0001388658-24-000156-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1388658/000138865824000156/irtc-20240830.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T06:24:54.887479+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"}