Preheat the oven to 400°F. Line a baking sheet with parchment paper. Set aside.
Mix together the first 6 ingredients in a mixing bowl until well combined. Form 1 1/2” meatballs.
Place the meatballs on the baking tray. Bake for 10 minutes, turning once halfway through cooking.
Meanwhile, mix together the sriracha, honey, butter, soy sauce, and lemon juice in a small saucepan. Bring to a boil over medium-high heat.
Reduce heat to medium-low and continue to cook for about 5 minutes, until the sauce has reduced and thickened slightly.
After the meatballs have cooked for 10 minutes, remove them from the oven. Transfer them to a bowl and toss with half the honey sriracha sauce.
Return them to the baking sheet and cook for an additional 5-7 minutes, until the inside of the meatballs register 165°F on a meat thermometer.
Use the remaining sauce as a dipping sauce.