{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-24-008901","form_type":"8-K","ticker":null,"cik":"0001162461","company_name":"CUTERA INC","filed_at":"2024-03-05T23:59:59+00:00","discovered_at":"2026-05-14T18:03:23.533097+00:00","generated_at":"2026-06-05T03:25:36.837871+00:00","sec_items":["1.01","1.02","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Cutera settles with Jabil for $19.5M; terminates ZO Skin Health Japan distribution","bullets":["Settlement with Jabil: $19.5M payment (net $18.2M after $1.3M offset), covers $13.5M inventory, $0.3M equipment, $5.7M compensation.","ZO Skin Health termination: ZO to pay Cutera $5.75M upfront and up to $5.75M later (by June 14, 2024).","Distribution termination effective immediately; includes transfer of employees, customer contracts, and inventory to ZO.","ZO distribution agreement originally expired June 2024; early termination accelerates transition."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-24-008901","json":"https://secwatch.observer/filing/0001628280-24-008901.json","markdown":"https://secwatch.observer/filing/0001628280-24-008901.md","text":"https://secwatch.observer/filing/0001628280-24-008901.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1162461/000162828024008901/0001628280-24-008901-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1162461/000162828024008901/cutr-20240305.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T03:25:36.837871+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":"5dcc22f934df36e527922de93f400858c552dd0c","claim":"CUTERA INC terminated Manufacturing Service Agreement with Jabil Inc..","evidence_excerpt":"In November 2023, Cutera, Inc. (the “Company”) communicated its intention not to renew its existing manufacturing service agreement (the “Manufacturing Service Agreement”) with Jabil Inc.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1162461/000162828024008901/0001628280-24-008901-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"termination"},{"label":"Agreement","value":"supply"},{"label":"Counterparty","value":"Jabil Inc."}],"fact_type":"material_agreement"},{"claim_id":"8bf316074d102b9c85cb7afba130eb47466c7087","claim":"CUTERA INC entered into Business Transfer and Termination Agreement with ZO Skin Health, Inc. and its affiliates valued at $5.75 million (effective 2024-02-28).","evidence_excerpt":"On February 28, 2024, the Company and its Japanese subsidiary, Cutera KK, entered into a Business Transfer and Termination Agreement (the “Termination Agreement”) with ZO and its Japanese subsidiary, ZO Skin Health GK","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1162461/000162828024008901/0001628280-24-008901-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Counterparty","value":"ZO Skin Health, Inc. and its affiliates"},{"label":"Value","value":"$5.75 million"},{"label":"Effective","value":"2024-02-28"}],"fact_type":"material_agreement"},{"claim_id":"ade38fc13bb9f0f4cc131e6bf166f8ae585e38e0","claim":"CUTERA INC entered into Settlement Agreement with Jabil Inc. valued at $19.5 million (effective 2024-02-28).","evidence_excerpt":"On February 28, 2024, the Company and Jabil entered into a settlement agreement related to the non-renewal of the Manufacturing Service Agreement (the “Settlement Agreement”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1162461/000162828024008901/0001628280-24-008901-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"settlement"},{"label":"Counterparty","value":"Jabil Inc."},{"label":"Value","value":"$19.5 million"},{"label":"Effective","value":"2024-02-28"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}