{"schema_version":"secwatch.filing_event.v1","accession":"0001699350-26-000010","form_type":"8-K","ticker":"SI","cik":"0001699350","company_name":"SHOULDER INNOVATIONS, INC.","filed_at":"2026-03-10T23:59:59+00:00","discovered_at":"2026-05-14T18:02:35.931097+00:00","generated_at":"2026-05-15T16:45:32.914589+00:00","sec_items":["2.02","5.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Shoulder Innovations reports Q4 revenue $14.4M (+65%), FY2025 revenue $47.3M (+50%), guides 2026 to $62-65M","bullets":["Net revenue Q4 $14.4M (+65% YoY); FY2025 $47.3M (+50% YoY). Gross margin 76.7% Q4, 76.5% FY.","Net loss Q4 $7.8M, FY $40.4M; Adjusted EBITDA loss Q4 $7.0M, FY $36.1M.","Sold 1,976 implant systems in Q4 (+62%); ended 2025 with 134 core/contender surgeons (+61%).","FY2026 revenue guidance $62-65M (31-37% growth); cash $124.3M at Dec 31, 2025.","Director Michael Carusi not standing for re-election; Drew Hykes appointed to Board."],"urls":{"canonical":"https://secwatch.observer/filing/0001699350-26-000010","json":"https://secwatch.observer/filing/0001699350-26-000010.json","markdown":"https://secwatch.observer/filing/0001699350-26-000010.md","text":"https://secwatch.observer/filing/0001699350-26-000010.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1699350/000169935026000010/0001699350-26-000010-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1699350/000169935026000010/si-20260310.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T16:45:32.914589+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":"b00fe52668fb46ee64730107f78d2849de668f43","claim":"SHOULDER INNOVATIONS, INC. updated its fourth quarter and year ended December 31, 2025 guidance (initiated).","evidence_excerpt":"On March 10, 2026, Shoulder Innovations, Inc. (the “Company”) issued a press release announcing financial results for the fourth quarter and year ended December 31, 2025.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1699350/000169935026000010/0001699350-26-000010-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fourth quarter and year ended December 31, 2025"},{"label":"Guidance","value":"initiated"},{"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"}