2024 Q2 Form 10-Q Financial Statement
#000155485924000017 Filed on May 08, 2024
Income Statement
Concept | 2024 Q2 | 2024 Q1 |
---|---|---|
Revenue | $14.47M | $15.90M |
YoY Change | -22.25% | -12.65% |
Cost Of Revenue | $1.255M | $1.247M |
YoY Change | 2.95% | -1.73% |
Gross Profit | $13.21M | $14.66M |
YoY Change | -24.02% | -13.47% |
Gross Profit Margin | 91.32% | 92.16% |
Selling, General & Admin | $6.420M | $6.542M |
YoY Change | -23.97% | -27.72% |
% of Gross Profit | 48.6% | 44.64% |
Research & Development | $1.440M | $1.138M |
YoY Change | -18.27% | -30.18% |
% of Gross Profit | 10.9% | 7.76% |
Depreciation & Amortization | $170.0K | $176.0K |
YoY Change | 13.33% | 36.43% |
% of Gross Profit | 1.29% | 1.2% |
Operating Expenses | $6.420M | $6.542M |
YoY Change | -23.97% | -27.72% |
Operating Profit | $5.350M | $6.976M |
YoY Change | -25.49% | 11.51% |
Interest Expense | $842.0K | $819.0K |
YoY Change | 73.25% | 117.24% |
% of Operating Profit | 15.74% | 11.74% |
Other Income/Expense, Net | -$4.213M | $821.0K |
YoY Change | -966.87% | 117.77% |
Pretax Income | $1.137M | $7.797M |
YoY Change | -85.17% | 17.55% |
Income Tax | $1.126M | $1.724M |
% Of Pretax Income | 99.03% | 22.11% |
Net Earnings | $11.00K | $6.073M |
YoY Change | -99.81% | 22.22% |
Net Earnings / Revenue | 0.08% | 38.19% |
Basic Earnings Per Share | $0.00 | $0.88 |
Diluted Earnings Per Share | $0.00 | $0.78 |
COMMON SHARES | ||
Basic Shares Outstanding | 7.066M | 7.031M |
Diluted Shares Outstanding | 7.795M | 7.782M |
Balance Sheet
Concept | 2024 Q2 | 2024 Q1 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $13.43M | $62.75M |
YoY Change | -74.08% | 46.05% |
Cash & Equivalents | $7.332M | $62.75M |
Short-Term Investments | $6.100M | |
Other Short-Term Assets | $2.403M | $2.611M |
YoY Change | -0.62% | -5.71% |
Inventory | $385.0K | $408.0K |
Prepaid Expenses | ||
Receivables | $7.470M | $6.132M |
Other Receivables | $0.00 | $0.00 |
Total Short-Term Assets | $23.69M | $71.91M |
YoY Change | -61.0% | 29.34% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $2.496M | $2.849M |
YoY Change | -32.3% | -24.79% |
Goodwill | ||
YoY Change | ||
Intangibles | ||
YoY Change | ||
Long-Term Investments | $512.0K | $5.884M |
YoY Change | -91.15% | -0.15% |
Other Assets | $127.0K | $249.0K |
YoY Change | -95.36% | -91.16% |
Total Long-Term Assets | $61.10M | $11.95M |
YoY Change | 315.31% | -18.51% |
TOTAL ASSETS | ||
Total Short-Term Assets | $23.69M | $71.91M |
Total Long-Term Assets | $61.10M | $11.95M |
Total Assets | $84.79M | $83.86M |
YoY Change | 12.36% | 19.36% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $227.0K | $410.0K |
YoY Change | -55.4% | 37.58% |
Accrued Expenses | $5.086M | $4.305M |
YoY Change | -38.3% | -40.26% |
Deferred Revenue | $840.0K | $996.0K |
YoY Change | -29.29% | -22.55% |
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | ||
YoY Change | ||
Total Short-Term Liabilities | $6.364M | $5.903M |
YoY Change | -36.88% | -33.81% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Other Long-Term Liabilities | $24.00K | $47.00K |
YoY Change | -79.31% | -65.94% |
Total Long-Term Liabilities | $24.00K | $47.00K |
YoY Change | -79.31% | -65.94% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $6.364M | $5.903M |
Total Long-Term Liabilities | $24.00K | $47.00K |
Total Liabilities | $6.388M | $5.950M |
YoY Change | -37.37% | -34.3% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | $65.89M | $65.88M |
YoY Change | 31.6% | 49.08% |
Common Stock | $7.000K | $7.000K |
YoY Change | 0.0% | 0.0% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $78.40M | $77.91M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $84.79M | $83.86M |
YoY Change | 12.36% | 19.36% |
Cashflow Statement
Concept | 2024 Q2 | 2024 Q1 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $11.00K | $6.073M |
YoY Change | -99.81% | 22.22% |
Depreciation, Depletion And Amortization | $170.0K | $176.0K |
YoY Change | 13.33% | 36.43% |
Cash From Operating Activities | $4.934M | $5.624M |
YoY Change | -55.93% | 553.19% |
INVESTING ACTIVITIES | ||
Capital Expenditures | -$33.00K | $4.000K |
YoY Change | -111.19% | -95.79% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | -$60.50M | |
YoY Change | -339.47% | |
Cash From Investing Activities | -$60.47M | -$81.00K |
YoY Change | -342.17% | -99.56% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | 111.0K | 11.00K |
YoY Change | -105.62% | -107.53% |
NET CHANGE | ||
Cash From Operating Activities | 4.934M | 5.624M |
Cash From Investing Activities | -60.47M | -81.00K |
Cash From Financing Activities | 111.0K | 11.00K |
Net Change In Cash | -55.42M | 5.554M |
YoY Change | -262.1% | -131.36% |
FREE CASH FLOW | ||
Cash From Operating Activities | $4.934M | $5.624M |
Capital Expenditures | -$33.00K | $4.000K |
Free Cash Flow | $4.967M | $5.620M |
YoY Change | -54.44% | 633.68% |
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|
77906000 | |
CY2024Q1 | us-gaap |
Profit Loss
ProfitLoss
|
6073000 | |
CY2023Q1 | us-gaap |
Profit Loss
ProfitLoss
|
4969000 | |
CY2024Q1 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
176000 | |
CY2023Q1 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
129000 | |
CY2024Q1 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-136000 | |
CY2023Q1 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-80000 | |
CY2024Q1 | us-gaap |
Gain Loss On Sale Of Leased Assets Net Operating Leases
GainLossOnSaleOfLeasedAssetsNetOperatingLeases
|
-189000 | |
CY2023Q1 | us-gaap |
Gain Loss On Sale Of Leased Assets Net Operating Leases
GainLossOnSaleOfLeasedAssetsNetOperatingLeases
|
-78000 | |
CY2023Q1 | us-gaap |
Debt Securities Trading Realized Gain
DebtSecuritiesTradingRealizedGain
|
305000 | |
CY2024Q1 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
-55000 | |
CY2023Q1 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
48000 | |
CY2023Q1 | smlr |
Fair Value Adjustment Of Notes Held For Investment
FairValueAdjustmentOfNotesHeldForInvestment
|
107000 | |
CY2024Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
27000 | |
CY2023Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
702000 | |
CY2024Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-66000 | |
CY2023Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
5507000 | |
CY2024Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-37000 | |
CY2023Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
43000 | |
CY2024Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
455000 | |
CY2023Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
1301000 | |
CY2024Q1 | us-gaap |
Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
|
-21000 | |
CY2023Q1 | us-gaap |
Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
|
-25000 | |
CY2024Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
8000 | |
CY2023Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-537000 | |
CY2024Q1 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-196000 | |
CY2023Q1 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
2458000 | |
CY2024Q1 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
-131000 | |
CY2023Q1 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
118000 | |
CY2024Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
5624000 | |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
861000 | |
CY2024Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
4000 | |
CY2023Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
95000 | |
CY2023Q1 | us-gaap |
Payments To Acquire Held To Maturity Securities
PaymentsToAcquireHeldToMaturitySecurities
|
500000 | |
CY2023Q1 | us-gaap |
Proceeds From Maturities Prepayments And Calls Of Shortterm Investments
ProceedsFromMaturitiesPrepaymentsAndCallsOfShorttermInvestments
|
20211000 | |
CY2023Q1 | us-gaap |
Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
|
37496000 | |
CY2024Q1 | us-gaap |
Payments To Acquire Equipment On Lease
PaymentsToAcquireEquipmentOnLease
|
77000 | |
CY2023Q1 | us-gaap |
Payments To Acquire Equipment On Lease
PaymentsToAcquireEquipmentOnLease
|
544000 | |
CY2024Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-81000 | |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-18424000 | |
CY2024Q1 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
45000 | |
CY2023Q1 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
146000 | |
CY2024Q1 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
56000 | |
CY2024Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
11000 | |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-146000 | |
CY2024Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
5554000 | |
CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-17709000 | |
CY2023Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
57332000 | |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
23014000 | |
CY2024Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
62886000 | |
CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
5305000 | |
CY2024Q1 | us-gaap |
Basis Of Accounting
BasisOfAccounting
|
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;padding-bottom:10pt;text-indent:0pt;margin:0pt;"><span style="display:inline-block;width:36pt;"><b style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:bold;">1.</b></span><b style="font-weight:bold;">Basis of Presentation</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:18pt;background:#ffffff;margin:0pt;">Semler Scientific, Inc., a Delaware corporation (“Semler” or “the Company”), prepared the unaudited interim financial statements included in this report in accordance with United States generally accepted accounting principles (“GAAP”) and applicable rules and regulations of the Securities and Exchange Commission (“SEC”) for interim financial reporting. Certain information and note disclosures normally included in the financial statements prepared in accordance with GAAP have been condensed or omitted pursuant to such rules and regulations. As such, the information included in this quarterly report on Form 10-Q should be read in conjunction with the audited financial statements and notes thereto included in the Company’s annual report on Form 10-K for the year ended December 31, 2023 filed with the SEC on March 7, 2024 (the “Annual Report”). In the opinion of management, these financial statements include all adjustments (consisting of normal recurring adjustments) necessary for a fair statement of the financial position, results of operations and cash flows for the periods presented. The results of operations for the interim periods shown in this report are not necessarily indicative of the results that may be expected for any future period, including the full year.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:18pt;background:#ffffff;margin:0pt;"><span style="visibility:hidden;"></span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:36pt;margin:0pt;"><span style="font-size:1pt;margin-bottom:10pt;visibility:hidden;"></span></p> | |
CY2024Q1 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
239000 | |
CY2024Q1 | us-gaap |
Allowance For Doubtful Accounts Receivable Period Increase Decrease
AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease
|
-48000 | |
CY2023Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
287000 | |
CY2024Q1 | us-gaap |
Inventory Net
InventoryNet
|
408000 | |
CY2023Q4 | us-gaap |
Inventory Net
InventoryNet
|
445000 | |
CY2024Q1 | us-gaap |
Property Subject To Or Available For Operating Lease Gross
PropertySubjectToOrAvailableForOperatingLeaseGross
|
3185000 | |
CY2023Q4 | us-gaap |
Property Subject To Or Available For Operating Lease Gross
PropertySubjectToOrAvailableForOperatingLeaseGross
|
3375000 | |
CY2024Q1 | us-gaap |
Property Subject To Or Available For Operating Lease Accumulated Depreciation
PropertySubjectToOrAvailableForOperatingLeaseAccumulatedDepreciation
|
1114000 | |
CY2023Q4 | us-gaap |
Property Subject To Or Available For Operating Lease Accumulated Depreciation
PropertySubjectToOrAvailableForOperatingLeaseAccumulatedDepreciation
|
1090000 | |
CY2024Q1 | us-gaap |
Property Subject To Or Available For Operating Lease Net
PropertySubjectToOrAvailableForOperatingLeaseNet
|
2071000 | |
CY2023Q4 | us-gaap |
Property Subject To Or Available For Operating Lease Net
PropertySubjectToOrAvailableForOperatingLeaseNet
|
2285000 | |
CY2024Q1 | us-gaap |
Operating Leases Income Statement Depreciation Expense On Property Subject To Or Held For Lease
OperatingLeasesIncomeStatementDepreciationExpenseOnPropertySubjectToOrHeldForLease
|
77000 | |
CY2023Q1 | us-gaap |
Operating Leases Income Statement Depreciation Expense On Property Subject To Or Held For Lease
OperatingLeasesIncomeStatementDepreciationExpenseOnPropertySubjectToOrHeldForLease
|
70000 | |
CY2024Q1 | smlr |
Assets For Lease Reduction To Accumulated Depreciation
AssetsForLeaseReductionToAccumulatedDepreciation
|
53000 | |
CY2023Q1 | smlr |
Assets For Lease Reduction To Accumulated Depreciation
AssetsForLeaseReductionToAccumulatedDepreciation
|
197000 | |
CY2024Q1 | us-gaap |
Gain Loss On Sale Of Leased Assets Net Operating Leases
GainLossOnSaleOfLeasedAssetsNetOperatingLeases
|
-189000 | |
CY2023Q1 | us-gaap |
Gain Loss On Sale Of Leased Assets Net Operating Leases
GainLossOnSaleOfLeasedAssetsNetOperatingLeases
|
-78000 | |
CY2024Q1 | us-gaap |
Property Plant And Equipment Excluding Lessor Asset Under Operating Lease Before Accumulated Depreciation
PropertyPlantAndEquipmentExcludingLessorAssetUnderOperatingLeaseBeforeAccumulatedDepreciation
|
1548000 | |
CY2023Q4 | us-gaap |
Property Plant And Equipment Excluding Lessor Asset Under Operating Lease Before Accumulated Depreciation
PropertyPlantAndEquipmentExcludingLessorAssetUnderOperatingLeaseBeforeAccumulatedDepreciation
|
1544000 | |
CY2024Q1 | us-gaap |
Property Plant And Equipment Excluding Lessor Asset Under Operating Lease Accumulated Depreciation
PropertyPlantAndEquipmentExcludingLessorAssetUnderOperatingLeaseAccumulatedDepreciation
|
899000 | |
CY2023Q4 | us-gaap |
Property Plant And Equipment Excluding Lessor Asset Under Operating Lease Accumulated Depreciation
PropertyPlantAndEquipmentExcludingLessorAssetUnderOperatingLeaseAccumulatedDepreciation
|
824000 | |
CY2024Q1 | us-gaap |
Property Plant And Equipment Excluding Lessor Asset Under Operating Lease After Accumulated Depreciation
PropertyPlantAndEquipmentExcludingLessorAssetUnderOperatingLeaseAfterAccumulatedDepreciation
|
649000 | |
CY2023Q4 | us-gaap |
Property Plant And Equipment Excluding Lessor Asset Under Operating Lease After Accumulated Depreciation
PropertyPlantAndEquipmentExcludingLessorAssetUnderOperatingLeaseAfterAccumulatedDepreciation
|
720000 | |
CY2024Q1 | us-gaap |
Depreciation Excluding Lessor Asset Under Operating Lease
DepreciationExcludingLessorAssetUnderOperatingLease
|
74000 | |
CY2023Q1 | us-gaap |
Depreciation Excluding Lessor Asset Under Operating Lease
DepreciationExcludingLessorAssetUnderOperatingLease
|
59000 | |
CY2024Q1 | us-gaap |
Long Term Investments
LongTermInvestments
|
512000 | |
CY2023Q4 | us-gaap |
Long Term Investments
LongTermInvestments
|
512000 | |
CY2024Q1 | smlr |
Percentage Of Probability Of Equity Financing
PercentageOfProbabilityOfEquityFinancing
|
0.05 | |
CY2024Q1 | smlr |
Percentage Of Probability Of Change Of Control
PercentageOfProbabilityOfChangeOfControl
|
0.75 | |
CY2024Q1 | smlr |
Percentage Of Probability Of Payment At Maturity Or Insolvency Event
PercentageOfProbabilityOfPaymentAtMaturityOrInsolvencyEvent
|
0.20 | |
CY2024Q1 | us-gaap |
Debt Securities
DebtSecurities
|
4372000 | |
CY2023Q4 | us-gaap |
Debt Securities
DebtSecurities
|
4372000 | |
CY2024Q1 | us-gaap |
Notes And Loans Receivable Net Noncurrent
NotesAndLoansReceivableNetNoncurrent
|
5372000 | |
CY2023Q4 | us-gaap |
Notes And Loans Receivable Net Noncurrent
NotesAndLoansReceivableNetNoncurrent
|
5372000 | |
CY2024Q1 | smlr |
Debt Security Interest Income
DebtSecurityInterestIncome
|
125000 | |
CY2023 | smlr |
Debt Security Interest Income
DebtSecurityInterestIncome
|
82000 | |
CY2024Q1 | smlr |
Debt Security Changes In Fair Value
DebtSecurityChangesInFairValue
|
0 | |
CY2024Q1 | us-gaap |
Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
|
249000 | |
CY2024Q1 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
249000 | |
CY2024Q1 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
129000 | |
CY2024Q1 | smlr |
Miscellaneous Receivables
MiscellaneousReceivables
|
100000 | |
CY2024Q1 | smlr |
Long Term Deposits
LongTermDeposits
|
20000 | |
CY2023Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
150000 | |
CY2023Q4 | smlr |
Miscellaneous Receivables
MiscellaneousReceivables
|
100000 | |
CY2023Q4 | smlr |
Long Term Deposits
LongTermDeposits
|
20000 | |
CY2024Q1 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
2045000 | |
CY2023Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
2008000 | |
CY2024Q1 | us-gaap |
Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
|
1883000 | |
CY2023Q4 | us-gaap |
Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
|
1991000 | |
CY2024Q1 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
377000 | |
CY2023Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
503000 | |
CY2024Q1 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
4305000 | |
CY2023Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
4502000 | |
CY2024Q1 | us-gaap |
Time Deposits At Carrying Value
TimeDepositsAtCarryingValue
|
6981000 | |
CY2023Q4 | us-gaap |
Time Deposits At Carrying Value
TimeDepositsAtCarryingValue
|
5465000 | |
CY2024Q1 | us-gaap |
Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
|
45453000 | |
CY2024Q1 | us-gaap |
Us Government Securities At Carrying Value
USGovernmentSecuritiesAtCarryingValue
|
10452000 | |
CY2023Q4 | us-gaap |
Us Government Securities At Carrying Value
USGovernmentSecuritiesAtCarryingValue
|
10494000 | |
CY2023Q4 | us-gaap |
Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
|
41373000 | |
CY2020Q3 | us-gaap |
Lessee Operating Lease Term Of Contract
LesseeOperatingLeaseTermOfContract
|
P61M | |
CY2020Q3 | us-gaap |
Lessee Operating Lease Term Of Contract
LesseeOperatingLeaseTermOfContract
|
P61M | |
CY2024Q1 | us-gaap |
Lessee Operating Lease Remaining Lease Term
LesseeOperatingLeaseRemainingLeaseTerm
|
P18M | |
CY2024Q1 | us-gaap |
Lessee Operating Lease Existence Of Option To Extend
LesseeOperatingLeaseExistenceOfOptionToExtend
|
false | |
CY2024Q1 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
22000 | |
CY2023Q1 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
22000 | |
CY2024Q1 | us-gaap |
Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
|
70000 | |
CY2024Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
71000 | |
CY2024Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
141000 | |
CY2024Q1 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
3000 | |
CY2024Q1 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
138000 | |
CY2024Q1 | smlr |
Operating Lease Expenses In Excess Of Cash Payments
OperatingLeaseExpensesInExcessOfCashPayments
|
9000 | |
CY2024Q1 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
129000 | |
CY2024Q1 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
129000 | |
CY2024Q1 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
91000 | |
CY2024Q1 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
47000 | |
CY2024Q1 | us-gaap |
Lessee Operating Lease Discount Rate
LesseeOperatingLeaseDiscountRate
|
0.025 | |
CY2024Q1 | us-gaap |
Operating Lease Lease Income
OperatingLeaseLeaseIncome
|
7079000 | |
CY2023Q1 | us-gaap |
Operating Lease Lease Income
OperatingLeaseLeaseIncome
|
9304000 | |
CY2024Q1 | us-gaap |
Lease Practical Expedient Lessor Single Lease Component
LeasePracticalExpedientLessorSingleLeaseComponent
|
true | |
CY2024Q1 | us-gaap |
Defined Contribution Plan Employer Matching Contribution Percent Of Match
DefinedContributionPlanEmployerMatchingContributionPercentOfMatch
|
0.50 | |
CY2024Q1 | smlr |
Defined Contribution Plan Employer Match Amount
DefinedContributionPlanEmployerMatchAmount
|
64000 | |
CY2023Q1 | smlr |
Defined Contribution Plan Employer Match Amount
DefinedContributionPlanEmployerMatchAmount
|
101000 | |
CY2024Q1 | smlr |
Income Taxes Receivable Cares Act
IncomeTaxesReceivableCaresAct
|
1240000 | |
CY2023Q1 | smlr |
Employee Retention Payroll Tax Credit Claimed Cares Act
EmployeeRetentionPayrollTaxCreditClaimedCaresAct
|
0 | |
CY2024Q1 | smlr |
Employee Retention Payroll Tax Credit Claimed Cares Act
EmployeeRetentionPayrollTaxCreditClaimedCaresAct
|
0 | |
CY2022Q1 | us-gaap |
Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
|
20000000.0 | |
us-gaap |
Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
|
148500 | ||
us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
4991000 | ||
CY2024Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
|
0 | |
CY2023Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
|
18048 | |
CY2023Q1 | smlr |
Share Based Compensation Arrangement By Share Based Payment Award Number Of Non Employees
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfNonEmployees
|
1 | |
CY2023Q1 | smlr |
Share Based Payment Arrangement Shares Issued Net Of Shares For Tax Withholdings
ShareBasedPaymentArrangementSharesIssuedNetOfSharesForTaxWithholdings
|
14099 | |
CY2023Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
|
695000 | |
CY2023Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
1021785 | |
CY2023Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
3.84 | |
CY2023 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P3Y9M3D | |
CY2023Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
41333000 | |
CY2024Q1 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
35781 | |
CY2024Q1 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
2.45 | |
CY2024Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
986004 | |
CY2024Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
3.89 | |
CY2024Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P3Y1M17D | |
CY2024Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
24973000 | |
CY2024Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
968872 | |
CY2024Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
3.49 | |
CY2024Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
|
P1Y11M1D | |
CY2024Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
|
24920000 | |
CY2023Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
0 | |
CY2024Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
0 | |
CY2023Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
4969000 | |
CY2023Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.74 | |
CY2024Q1 | smlr |
Amount Of Dilutive Securities Common Stock Warrants
AmountOfDilutiveSecuritiesCommonStockWarrants
|
0 | |
CY2023Q1 | us-gaap |
Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
|
64825 | |
CY2023Q1 | smlr |
Amount Of Dilutive Securities Common Stock Warrants
AmountOfDilutiveSecuritiesCommonStockWarrants
|
0 | |
CY2024Q1 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
27000 | |
CY2023Q1 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
702000 | |
CY2024Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1724000 | |
CY2023Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1664000 | |
CY2024Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.2211 | |
CY2023Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.2468 | |
CY2024Q1 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.21 | |
CY2023Q1 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.21 | |
CY2024Q1 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
529000 | |
CY2023Q4 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
470000 | |
CY2024Q1 | us-gaap |
Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
|
101000 | |
CY2023 | us-gaap |
Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
|
87000 | |
CY2024Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
6892742 | |
CY2024Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
6073000 | |
CY2024Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.88 | |
CY2023Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
6701199 | |
CY2024Q1 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
889651 | |
CY2024Q1 | us-gaap |
Amount Of Dilutive Securities Stock Options And Restrictive Stock Units
AmountOfDilutiveSecuritiesStockOptionsAndRestrictiveStockUnits
|
0 | |
CY2023Q1 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
1130019 | |
CY2023Q1 | us-gaap |
Amount Of Dilutive Securities Stock Options And Restrictive Stock Units
AmountOfDilutiveSecuritiesStockOptionsAndRestrictiveStockUnits
|
0 | |
CY2024Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
7782393 | |
CY2024Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
6073000 | |
CY2024Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.78 | |
CY2023Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
7896043 | |
CY2023Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
4969000 | |
CY2023Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.63 | |
CY2024Q1 | ecd |
Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
|
false | |
CY2024Q1 | ecd |
Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
|
false | |
CY2024Q1 | ecd |
Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
|
false | |
CY2024Q1 | ecd |
Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
|
false |