Semler Scientific Inc. (SMLR) financial statements (2021 and earlier)
Company profile
| Business Address |
2340-2348 WALSH AVENUE, SUITE 2344 SANTA CLARA, CA 95051 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| SIC | 3845 - Electromedical and Electrotherapeutic Apparatus (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in thousands)
| 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 22,079 | 7,741 | 3,284 | 1,457 | 622 | 405 | 4,156 | ||
| Cash and cash equivalents | 22,079 | 7,741 | 3,284 | 1,457 | 622 | 405 | 4,156 | ||
| Restricted cash and investments | 2,100 | ||||||||
| Receivables | 2,808 | 3,486 | 2,801 | 1,315 | 877 | 1,278 | 355 | ||
| Prepaid expense | 828 | ||||||||
| Deferred rent asset | 35 | ||||||||
| Other undisclosed current assets | 548 | 216 | 153 | 111 | 58 | 69 | 135 | ||
| Total current assets: | 26,263 | 11,443 | 6,238 | 2,883 | 1,592 | 1,752 | 6,746 | ||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 399 | ✕ | ✕ | ✕ | ✕ | ✕ | |||
| Property, plant and equipment | 261 | 249 | 223 | 193 | 590 | 497 | 9 | ||
| Long-term investments and receivables | 3,051 | ||||||||
| Long-term investments | 3,051 | ||||||||
| Deposits noncurrent assets | 15 | 15 | 15 | 15 | 17 | ||||
| Deferred costs | 55 | ||||||||
| Deferred income tax assets | 2,365 | 4,501 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Other noncurrent assets | 418 | ||||||||
| Other undisclosed noncurrent assets | 1,882 | 2,079 | 1,243 | 1,147 | 875 | 830 | 673 | ||
| Total noncurrent assets: | 8,376 | 6,844 | 1,481 | 1,355 | 1,480 | 1,327 | 754 | ||
| TOTAL ASSETS: | 34,639 | 18,287 | 7,719 | 4,238 | 3,072 | 3,079 | 7,500 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 3,475 | 4,252 | 3,077 | 3,354 | 2,635 | 3,156 | 2,173 | ||
| Accounts payable | 677 | 338 | 280 | 488 | 450 | 839 | 89 | ||
| Accrued liabilities | 2,798 | 3,914 | 2,797 | 2,670 | 2,185 | 2,317 | 1,363 | ||
| Employee-related liabilities | 721 | ||||||||
| Interest and dividends payable | 196 | ||||||||
| Deferred revenue | 963 | 955 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Debt | 1,018 | 81 | 2,000 | ||||||
| Due to related parties | 237 | ||||||||
| Deferred revenue and credits | ✕ | ✕ | ✕ | 531 | 513 | 952 | 612 | ||
| Other liabilities | 76 | ||||||||
| Other undisclosed current liabilities | 435 | (721) | |||||||
| Total current liabilities: | 4,514 | 5,207 | 3,512 | 5,140 | 3,229 | 4,108 | 4,064 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 26 | 938 | |||||||
| Long-term debt, excluding current maturities | 26 | 938 | |||||||
| Liabilities, other than long-term debt | 332 | 7 | 11 | 1,655 | 1,629 | 43 | |||
| Deferred revenue and credits | ✕ | ✕ | ✕ | 13 | 35 | 43 | |||
| Deferred rent credit | 11 | ✕ | ✕ | ✕ | ✕ | ||||
| Due to related parties | 1,642 | 1,594 | |||||||
| Other liabilities | 332 | 7 | |||||||
| Other undisclosed noncurrent liabilities | 195 | ||||||||
| Total noncurrent liabilities: | 332 | 7 | 11 | 1,681 | 2,762 | 43 | |||
| Total liabilities: | 4,846 | 5,214 | 3,523 | 6,821 | 5,991 | 4,151 | 4,064 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent | 29,793 | 13,073 | 4,196 | (2,583) | (2,919) | (1,072) | 3,436 | ||
| Common stock | 7 | 7 | 6 | 6 | 5 | 5 | 5 | ||
| Additional paid in capital | 22,113 | 19,400 | 25,608 | 23,843 | 21,998 | 21,291 | 17,298 | ||
| Retained earnings (accumulated deficit) | 7,673 | (6,334) | (21,418) | (26,432) | (24,922) | (22,368) | (13,867) | ||
| Total stockholders' equity: | 29,793 | 13,073 | 4,196 | (2,583) | (2,919) | (1,072) | 3,436 | ||
| TOTAL LIABILITIES AND EQUITY: | 34,639 | 18,287 | 7,719 | 4,238 | 3,072 | 3,079 | 7,500 | ||
Income statement (P&L) ($ in thousands)
| 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 38,603 | 32,767 | 21,491 | 12,452 | 7,434 | 7,001 | 3,635 | |
| Revenue, net | ✕ | ✕ | ✕ | 7,434 | 7,001 | 3,635 | ||
| Operating lease, lease income | 25,743 | 22,858 | ✕ | ✕ | ✕ | ✕ | ✕ | |
| Cost of revenue | (3,356) | (3,661) | (2,703) | (2,553) | (1,873) | (2,847) | (692) | |
| Cost of goods and services sold | (2,085) | (1,831) | (866) | (1,436) | (1,113) | |||
| Gross profit: | 35,247 | 29,106 | 18,788 | 9,899 | 5,561 | 4,154 | 2,943 | |
| Operating expenses | (19,286) | (18,398) | (16,149) | (13,305) | (9,593) | (15,420) | (7,976) | |
| Other undisclosed operating income | 2,703 | 2,553 | 1,873 | 2,847 | 692 | |||
| Operating income (loss): | 15,961 | 10,708 | 5,342 | (853) | (2,159) | (8,419) | (4,341) | |
| Nonoperating income (expense) | 525 | (7) | (302) | (657) | (395) | (82) | (174) | |
| Loss on sale of leased assets, net, operating leases | (78) | |||||||
| Other nonoperating income (expense) | 506 | (9) | (4) | (14) | (4) | (8) | 1 | |
| Interest and debt expense | (59) | (179) | (391) | (74) | (175) | |||
| Income (loss) from continuing operations before equity method investments, income taxes: | 16,486 | 10,701 | 4,981 | (1,689) | (2,945) | (8,575) | (4,690) | |
| Other undisclosed income from continuing operations before income taxes | 59 | |||||||
| Income (loss) from continuing operations before income taxes: | 16,486 | 10,701 | 5,040 | (1,689) | (2,945) | (8,575) | (4,690) | |
| Income tax expense (benefit) | (2,479) | 4,383 | (26) | (9) | ||||
| Net income (loss): | 14,007 | 15,084 | 5,014 | (1,689) | (2,945) | (8,575) | (4,699) | |
| Other undisclosed net income attributable to parent | 179 | 391 | 74 | 184 | ||||
| Net income (loss) available to common stockholders, diluted: | 14,007 | 15,084 | 5,014 | (1,510) | (2,554) | (8,501) | (4,515) | |
Comprehensive Income ($ in thousands)
| 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 14,007 | 15,084 | 5,014 | (1,689) | (2,945) | (8,575) | (4,699) | |
| Comprehensive income (loss), net of tax, attributable to parent: | 14,007 | 15,084 | 5,014 | (1,689) | (2,945) | (8,575) | (4,699) | |
Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.