On this page of Benford's Law Stocks.com we present our study of TREACE MEDICAL CONCEPTS INC. — ticker symbol TMCI. SEC filings have been screened by our Benford's Law software, for quarterly 10Q and annual 10K filings from 5/25/2021 to 11/6/2025 for TREACE MEDICAL CONCEPTS INC. under CIK number 0001630627. For filings made in XBRL (eXtensible Business Reporting Language) format, our algorithm extracts all "tagged" numbers presented by the company; for any non-XBRL filings our algorithm uses its own interal set of rules to extract what it believes to be numbers as found throughout the filings. The format found for each filing is presented below together with the results for TMCI, with the percentage of found numbers beginning with each digit (1's, 2's, 3's, 4's, 5's, 6's, 7's, 8's, and 9's) charted against the "normal" range observed throughout our coverage universe, as well as the "normal" range for TREACE MEDICAL CONCEPTS INC. based on the past TMCI filings our system processed in the past.
29.0
14.5
12.5
9.6
9.3
10.9
5.8
4.5
3.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
XBRL?   [ original filing, TMCI stockholder letter ]
Total numbers found: 551
Recent share count: 63,173,126 (6's column)

= Typical range across full coverage universe
Benford's Law Stocks Indicator
551
Low count compared to other filers, falling in the bottom quartile. At this number count, it would take about 6 numbers to move any given column by a full percentage point.
91

Starting from a possible score of 100, we made the following score deductions:
 • The 6's percentage was higher than the 5's percentage, increasing the penalty multiplier.
 • However, because we observed that the company's shares outstanding count begins with the digit 6, we canceled the penalty multiplier.
 • We deducted points upon observing the 6's percentage was above the typical coverage universe range.
 • We deducted points upon observing the 6's percentage was above the company's typical historical range.
Benford's Law Stocks Indicator
TMCI
Normal-to-high score compared to other filers, falling within the top of the middle 50%.
SNPX
SSTI
TTEC
VCYT
SSB
TITN
TRDA
TZOO
Check our work! We provide our TREACE MEDICAL CONCEPTS INC. Benford's Law analysis for informational purposes only, and our software should be expected to make mistakes and contain errors (nothing you see on this website should be relied upon for any decision-making without first repeating the analysis yourself independently), and so below we present to you all of the numbers our system detected, for the TMCI filing above. This way, you can open the filing on your own and compare what you see below against what you yourself find. This can also be helpful for exploring any columns in particular that caught your eye.

1's 2's 3's
We found 160 numbers that start with the digit 1. Here they are:
11,350
1,505
1,326
137,997
161,402
1,425
12,815
12,815
196,591
16,103
10,522
10,121
12,930
15,934
107,404
104,202
189,990
141,572
1,108
112,892
196,591
150,171
140,649
10,508
119,351
112,787
103,627
110,784
15,740
15,379
16,281
13,528
167,583
168,271
15,676
15,134
1,067
1,338
1,313
1,376
16,288
15,360
14
16,255
15,143
189,990
112,892
1
118
119
15,922
15,922
105,341
116
116
17,398
17,398
1,894
14
14
139,570
1
16,288
16,288
1,108
134,247
163
13
137,938
177,610
18,676
18,676
18,386
152,923
126,391
174,129
112,141
15,360
15,360
189,489
191
104,906
1,689
119
180
11,505
14,366
147
12,753
11,119
1,553
134
11,350
12,982
12,110
14
10
10
1
1
10,228
10,228
12,163
12,163
12,753
1,197
1,197
10,008
10,008
14,781
14,781
14,806
1,197
11,350
10,218
10
10,228
12,145
18
12,163
10
10,008
14,747
1
14,781
100
1,226
1,160
10,580
10,244
1,227
15,305
18.3
1.9
1,688
1,798
190
1.0
150.0
120.0
120.0
10
1.0
1.0
10
1.6
1.4
1,160,625
18.89
130
1,669
1,764
1,152
17,637
13,550
16,288
15,360
1,365,491
14,527,252
11,951,275
We found 80 numbers that start with the digit 2. Here they are:
29,970
25,953
2,138
217,094
239,598
23,391
281
217,094
27,862
2,250
20
206
226
242
217
28
26
25
281
205,912
223,310
240
241
239,598
271,973
20,294
237
237
279,433
250
209,288
21,206
21,206
286,484
26
250
217
217
294,392
250
2,381
26,268
22,048
223
223
2,169
2,382
237
28
2,525
2,525
23,989
23,989
2,525
23,934
23,989
2
2,565
2,565
22,669
21,777
29,970
25,953
25.2
2.5
2,259
2,694
2,125
2,520
2,056
2,115
23.2
20.0
2.0
200
272
26,268
22,048
26
25
We found 69 numbers that start with the digit 3. Here they are:
32,959
39,255
34,925
37
37
300,000,000
329,746
303,004
30,820
39,706
36,132
34,421
32,775
3,978
3,970
3,942
344
33
303,004
311,815
321,508
33
33
329,746
311
311
36,781
35,371
303
312
3,191
32,960
34,889
3,585
31,954
371
3,664
3,754
3,732
3
3,350
3,350
39,502
32,269
32,269
3,350
3,350
32,216
32,269
35
3
3,712
3,081
31,541
337
30.0
30.0
3.0
3.0
3.0
3.1
3.2
3.1
3.3
3,127,114
3,370,462
327
3,188
3,174
4's 5's 6's
We found 53 numbers that start with the digit 4. Here they are:
49,730
40,803
41,424
407
4,103
40,908
45,086
4,680
4,963
48,216
42,108
48,232
49,608
49,622
499,572
40
40
401
401
412
412
49,608
49,593
476
4
4,798
4,798
495
495
4,798
49,647
49,730
495
495
41,258
4.4
413
420
413
4,103
4,000
4,000
471
471
4.0
4.0
4.7
4.6
4.96
453,375
4,893
49,608
4,157,460
We found 51 numbers that start with the digit 5. Here they are:
5,667
510
53,529
53,306
5,000,000
50,214
55,382
51,266
55,484
55,242
55,214
52,605
57
50
586,608
52
52
55,242
512
531
5,581
52,890
507
52,255
55,516
5,161
5,355
55
55
51,747
5.5
510
50,000
50,000
54,000
54,000
53,529
53,306
54,000
54,000
53,529
50.0
50.0
50
50
5.0
5,116
5,052
5,251
55,242
5,906,625
We found 60 numbers that start with the digit 6. Here they are:
63,718,073
64,327
6,198
614
6,215
6,575
63,846,382
62,385,101
64
62
634
612
63,515,372
62,229,463
63,069,810
62,035,293
62,361,710
62
62,891,506
63
682
65,389
63,042,314
63
696
63,682
63,704,810
64
61,749,654
62
61,929,172
62
69
6,740
6,740
62,175,241
62
64,759
62,275,371
62
6,182
607
6,814
695
6,774
6,774
6,774
6,774
64,230
64,327
6
6
612
6.3
694
6.0
63,515,372
62,229,463
63,069,810
62,035,293
7's 8's 9's
We found 32 numbers that start with the digit 7. Here they are:
7,686
7,362
7,833
7,315
7,197
7,172
79
7
7
7,998
7,998
7,408
7,408
7,900
7,900
7,815
750
7,428
7,944
7,686
752
70,322
7,686
7.1
7,315
7,197
7
7,998
7,900
79
7,255,136
7,793,815
We found 25 numbers that start with the digit 8. Here they are:
8,075
8,442
83
89,187
8,954
89
82,829
8,693
8,693
87,313
83
89,187
8
8
838
8,519
827
872
88
83
896
8
852,220
8.27
89
We found 21 numbers that start with the digit 9. Here they are:
97
92
97
9,577
9,577
97,615
94
94
95
95
918
93
93,363
9,998
927
97
9
9.09
9.13
91
948
While the above TMCI 10Q Filed 11/6/2025 is interesting in isolation, we have found that it is also useful to take a look at older TREACE MEDICAL CONCEPTS INC. filings processed by our Benford's Law Stocks algorithm, to see how the company's filings "typically look" on a Benford's Law analysis. Below we repeat the 10Q Filed 11/6/2025 but instead of the chart comparing against the typical company across our coverage universe, below we show the same chart compared against the typical TMCI 10Q and 10K filings that we have processed historically. This is followed by similar charts for each of those historical filings.

29.0
14.5
12.5
9.6
9.3
10.9
5.8
4.5
3.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 91
XBRL?   [ original filing ]
Total numbers found: 551

= Typical TMCI range from 5/25/2021 to 11/6/2025
29.4
17.7
13.2
11.6
8.5
7.0
3.6
3.6
5.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 92
XBRL?   [ original filing ]
Total numbers found: 768

= Typical TMCI range from 5/25/2021 to 11/6/2025
31.0
18.8
11.3
8.2
8.2
8.0
5.3
2.7
6.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 83
XBRL?   [ original filing ]
Total numbers found: 451

= Typical TMCI range from 5/25/2021 to 11/6/2025
32.8
16.9
12.4
6.6
9.9
8.2
5.2
2.5
5.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 83
XBRL?   [ original filing ]
Total numbers found: 515

= Typical TMCI range from 5/25/2021 to 11/6/2025
33.9
11.9
10.8
10.8
10.6
6.9
6.0
5.4
3.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 95
XBRL?   [ original filing ]
Total numbers found: 463

= Typical TMCI range from 5/25/2021 to 11/6/2025
31.5
15.9
12.1
11.2
6.1
8.3
7.3
4.5
3.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 88
XBRL?   [ original filing ]
Total numbers found: 578

= Typical TMCI range from 5/25/2021 to 11/6/2025
34.4
15.3
15.4
7.5
7.8
6.6
5.9
4.8
2.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 80
XBRL?   [ original filing ]
Total numbers found: 911

= Typical TMCI range from 5/25/2021 to 11/6/2025
29.1
15.6
12.9
8.3
9.6
12.1
3.9
3.5
5.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 75
XBRL?   [ original filing ]
Total numbers found: 519

= Typical TMCI range from 5/25/2021 to 11/6/2025
32.2
17.3
12.4
7.4
7.9
9.3
5.8
4.0
3.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 96
XBRL?   [ original filing ]
Total numbers found: 571

= Typical TMCI range from 5/25/2021 to 11/6/2025
31.5
17.4
12.6
11.0
7.0
6.4
5.6
3.6
4.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 97
XBRL?   [ original filing ]
Total numbers found: 753

= Typical TMCI range from 5/25/2021 to 11/6/2025
30.2
16.8
11.5
5.8
11.5
6.0
6.0
4.3
7.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 47
XBRL?   [ original filing ]
Total numbers found: 417

= Typical TMCI range from 5/25/2021 to 11/6/2025
34.4
12.1
10.0
12.8
9.6
6.6
6.8
3.4
4.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 65
XBRL?   [ original filing ]
Total numbers found: 439

= Typical TMCI range from 5/25/2021 to 11/6/2025
33.0
18.7
10.3
9.3
6.1
9.7
5.5
5.3
2.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 90
XBRL?   [ original filing ]
Total numbers found: 525

= Typical TMCI range from 5/25/2021 to 11/6/2025
32.4
13.0
9.9
9.7
10.6
12.5
4.7
2.6
4.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 65
XBRL?   [ original filing ]
Total numbers found: 423

= Typical TMCI range from 5/25/2021 to 11/6/2025
32.1
19.7
12.2
6.1
8.0
10.4
3.9
3.2
4.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 79
XBRL?   [ original filing ]
Total numbers found: 539

= Typical TMCI range from 5/25/2021 to 11/6/2025
32.9
17.7
11.3
7.6
9.9
6.7
5.7
4.4
3.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 98
XBRL?   [ original filing ]
Total numbers found: 566

= Typical TMCI range from 5/25/2021 to 11/6/2025
32.1
16.2
12.1
10.9
7.7
7.2
6.8
3.5
3.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 96
XBRL?   [ original filing ]
Total numbers found: 679

= Typical TMCI range from 5/25/2021 to 11/6/2025
34.6
13.2
12.3
9.7
9.1
5.3
4.4
3.2
8.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 60
XBRL?   [ original filing ]
Total numbers found: 341

= Typical TMCI range from 5/25/2021 to 11/6/2025
31.3
16.9
12.5
9.0
6.8
6.1
9.6
5.7
2.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 63
XBRL?   [ original filing ]
Total numbers found: 543

= Typical TMCI range from 5/25/2021 to 11/6/2025
 

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