Semler Scientific, Inc. (SMLR) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Medium Risk
Moderate dilution risk
Last updated: January 16, 2026

Risk Assessment Details

Potential Dilution: 0.0% of current shares
Recent Dilution: 85.75% (2 years)
Historical Dilution Factor: significant recent dilution
Outstanding Shares
15M
Potential Supply
0
Additional shares possible
Splits
None
Past 2 years

Summary

SMLR currently has 14.8M outstanding shares. with minimal authorized share overhang for future dilution. The company has significantly diluted shareholders by 85.75% over the past 2 years, indicating aggressive capital raising.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
Jan 16, 2026

POS AM filing: Registration Statement on Form S-3 (File No. 333-286559) filed with the Securities and Exchange Commission on April 15, 2025, registering (i) up to $500,000,000 in aggregate offering price of the common stock of the Company, par value $0.001 per share (the "Common Stock"), debt securities, units and/or warrants of the Company, and (ii) up to $500,000,000 in aggregate offering price of shares of Common Stock

15M 0
Jan 16, 2026

POS AM filing: Registration Statement on Form S-3 (File No. 333-286559) filed with the Securities and Exchange Commission on April 15, 2025, registering (i) up to $500,000,000 in aggregate offering price of the common stock of the Company, par value $0.001 per share (the "Common Stock"), debt securities, units and/or warrants of the Company, and (ii) up to $500,000,000 in aggregate offering price of shares of Common Stock

15M 0
Nov 12, 2025

10-Q filing | 14.8M shares outstanding

15M 8.1M
Aug 04, 2025

10-Q filing | 13.5M shares outstanding

13M 9.5M
May 13, 2025

10-Q filing | 11.2M shares outstanding

11M 12M
Apr 15, 2025

S-3 filing: The company is filing a shelf registration statement to offer and sell up to $500,000,000 in securities, including debt securities, common stock, units, and warrants from time to time.

9.6M 13M
Feb 28, 2025

10-K filing | 9.6M shares outstanding

9.6M 0
Jan 28, 2025

8-K filing: Semler Scientific completed a private offering of $100 million aggregate principal amount of 4.25% Convertible Senior Notes due 2030, including the exercise in full of the initial purchasers' option to purchase up to an additional $15.0 million principal amount of the Notes.

7M 1.3M
Dec 16, 2024

8-K filing: Semler Scientific sold 1,916,804 shares of its common stock under the at-the-market offering program for aggregate gross proceeds of approximately $100.0 million and may sell additional shares for up to $50.0 million. ($100.0M proceeds)

7M 1.3M
Nov 05, 2024

10-Q filing | 7.0M shares outstanding

7M 1.3M
Aug 06, 2024

10-Q filing | 6.9M shares outstanding

6.9M 1.4M
Jul 31, 2024

S-3/A filing: Semler Scientific files an S-3/A registration statement to offer and sell securities, including common stock, with an aggregate value of up to $150,000,000, primarily for general corporate purposes, including the acquisition of bitcoin.

6.9M 1.4M
Jul 11, 2024

S-3/A filing: Semler Scientific files an S-3/A form to offer and sell securities, including debt securities, common stock, units, and warrants, up to an aggregate value of $150,000,000.

6.9M 1.6M
Jun 06, 2024

S-3 filing: Semler Scientific files an S-3 to offer and sell securities from time to time in one or more offerings, up to an aggregate value of $150,000,000, including common stock, debt securities, warrants and units.

6.9M 1.6M
May 08, 2024

10-Q filing | 6.9M shares outstanding

6.9M 0
Mar 07, 2024

10-K filing | 6.7M shares outstanding

6.7M 0
Nov 13, 2023

10-Q filing | 6.7M shares outstanding

6.7M 0
Aug 14, 2023

10-Q filing | 6.7M shares outstanding

6.7M 0
May 17, 2023

8-K filing: Semler Scientific repurchased warrants from the Murphy-Chutorian Family Trust to acquire 76,875 shares of Semler's common stock for an aggregate cash purchase price of $1,948,762.50. ($1.95M proceeds)

6.7M 0
May 12, 2023

10-Q filing | 6.7M shares outstanding

6.7M 0
Mar 23, 2023

10-K filing | 6.7M shares outstanding

6.7M 0
Nov 04, 2022

10-Q filing | 6.7M shares outstanding

6.7M 0
Aug 05, 2022

10-Q filing | 6.8M shares outstanding

6.8M 0
May 06, 2022

10-Q filing | 6.8M shares outstanding

6.8M 0
Mar 04, 2022

10-K filing | 6.7M shares outstanding

6.7M 0
Nov 05, 2021

10-Q filing | 6.8M shares outstanding

6.8M 0
Aug 06, 2021

10-Q filing | 6.7M shares outstanding

6.7M 0
May 07, 2021

10-Q filing | 6.7M shares outstanding

6.7M 0
Mar 09, 2021

10-K filing | 6.6M shares outstanding

6.6M 0
Nov 06, 2020

10-Q filing | 6.6M shares outstanding

6.6M 0
Aug 06, 2020

10-Q filing | 6.5M shares outstanding

6.5M 0
May 07, 2020

10-Q filing | 6.3M shares outstanding

6.3M 0
Mar 09, 2020

10-K filing | 6.1M shares outstanding

6.1M 0
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