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Semler Scientific® Announces Select Preliminary Unaudited Fourth Quarter 2024 Financial Results and Significant Unrealized Gain from Change in Fair Value of Bitcoin Holdings
SMLRSemler Scientific(SMLR) Prnewswire·2025-01-23 21:02

Core Insights - Semler Scientific, Inc. announced preliminary unaudited financial results for Q4 2024, highlighting significant unrealized gains from Bitcoin holdings [1][2] - The company will provide full financial results and an update on Bitcoin holdings on February 18, 2025 [1][4] Financial Performance - Preliminary revenues are estimated between 12.1millionand12.1 million and 12.5 million [8] - Income from operations is projected to be between 3.4millionand3.4 million and 3.7 million [8] - An unrealized gain from the change in fair value of Bitcoin holdings is approximately 28.9million[8]Cash,restrictedcash,andcashequivalentsasofDecember31,2024,areapproximately28.9 million [8] - Cash, restricted cash, and cash equivalents as of December 31, 2024, are approximately 9.0 million [8] Bitcoin Holdings - As of January 17, 2025, Semler Scientific holds 2,321 bitcoins, acquired for a total of 191.9millionatanaveragepriceof191.9 million at an average price of 82,689 per bitcoin [3]