{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-23-017431","form_type":"8-K","ticker":"BFLY","cik":"0001804176","company_name":"Butterfly Network, Inc.","filed_at":"2023-11-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.538142+00:00","generated_at":"2026-06-09T00:49:05.937981+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Butterfly Network Q3 revenue falls 21% to $15.4M; narrows adjusted EBITDA loss guidance","bullets":["Revenue $15.4M vs $19.6M YoY; product revenue down 34% to $8.8M.","Gross margin improved to 60.8% from 56.0% on higher ASP and mix shift to software.","Net loss improved to $27.4M from $54.7M; adj. EBITDA loss $12.5M vs $31.8M.","Announced 5-year co-development with Forest Neurotech (up to $20M) and launched Butterfly Garden AI marketplace.","FY2023 guidance: revenue at least $64M; adj. EBITDA loss narrowed to $75-70M."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-23-017431","json":"https://secwatch.observer/filing/0001558370-23-017431.json","markdown":"https://secwatch.observer/filing/0001558370-23-017431.md","text":"https://secwatch.observer/filing/0001558370-23-017431.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1804176/000155837023017431/0001558370-23-017431-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1804176/000155837023017431/bfly-20231102x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T00:49:05.937981+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":"7c21e7f0d0ff864cc5af1c10ede5c5715340e45b","claim":"Butterfly Network, Inc. reported the quarter ended September 30, 2023 results: revenue $15.4 million, net income $27.4 million.","evidence_excerpt":"in its direct sales team while allowing Butterfly to conservatively extend its cash to 2026. Three Months Ended September 30, 2023 Financial Results Revenue : Total revenue was $15.4 million, down from $19.6 million in the third quarter of 2022. U.S. revenue was $10.4 million, down 15% from prior year, driven by lower probe sales largely as a result of a large","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1804176/000155837023017431/0001558370-23-017431-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended September 30, 2023"},{"label":"Revenue","value":"$15.4 million"},{"label":"Net income","value":"$27.4 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}