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SHOULDER INNOVATIONS, INC.

For the period ended Jun 30, 2026. Filed Aug 6, 2026.

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About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2026 · Filed Aug 6, 2026

SI$21.46+4.5%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Table of Contents

Page
Special Note Regarding Forward-Looking Statements3
Part I - Financial Information
Item 1. Financial Statements (unaudited)5
Condensed Balance Sheets5
Condensed Statements of Operations and Comprehensive Loss6
Condensed Statements of Changes in Convertible Preferred Stock and Stockholders’ Equity (Deficit)7
Condensed Statements of Cash Flows8
Notes to the Unaudited Condensed Financial Statements9
Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations16
Item 3. Quantitative and Qualitative Disclosures About Market Risk28
Item 4. Controls and Procedures28
Part II - Other Information
Item 1. Legal Proceedings30
Item 1A. Risk Factors30
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds30
Item 3. Defaults Upon Senior Securities30
Item 4. Mine Safety Disclosures30
Item 5. Other Information31
Item 6. Exhibits31
Signatures33
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.