other material
confidence high
sentiment negative
materiality 0.60
SI-BONE recalls 98 iFuse TORQ implants over sterility packaging failure
SI-BONE, Inc.
- Voluntary recall of 98 iFuse TORQ implants from lots with tube packaging made May 4-15, 2026; 2 implanted, no infections reported.
- FDA notified Aug 31, 2026; recommended Class II recall; ~3,900 implants to be repackaged/re-sterilized.
- Expects gross charge up to ~$150K in Q3/Q4 COGS; seeks recovery from tube manufacturer.
- No material impact expected on Q3 revenue or ability to supply implants.
- Also extended office lease one month to Oct 31, 2026 at $43,696/month.