XML 20 R7.htm IDEA: XBRL DOCUMENT v3.6.0.2
The Company
12 Months Ended
Dec. 31, 2016
Company [Abstract]  
The Company
1.      The Company
 
Semler Scientific, Inc. (the “Company”) was incorporated in the State of Oregon on August 9, 2007, established C-corporation status in 2012, and reincorporated as a Delaware corporation during 2013. The Company is an emerging growth company providing technology solutions to improve the clinical effectiveness and efficiency of healthcare providers. Its innovative and proprietary products and services assist its customers in evaluating and treating chronic diseases. In 2011, the Company began commercializing its first patented and U.S. Food and Drug Administration (“FDA”) cleared product, which measured arterial blood flow in the extremities to aid in the diagnosis of peripheral arterial disease (“PAD”). In March 2015, the Company received FDA 510(k) clearance for the next generation version of its product, QuantaFlo™, which the Company commercially launched in August 2015. In April 2015, the Company launched its multi-test service platform, WellChec™, to more comprehensively evaluate its customers’ patients for chronic disease. In October 2016, the Company shifted its marketing focus for WellChec™ from direct contracts with health insurance plans under which it acted as the primary WellChec™ service provider to contracts to supply its software and equipment to vendors who employ medical professionals to do annual wellness visits for health insurance plans. The Company did not record any WellChec™ revenue during 2016. The Company has one operating segment and generates revenue domestically primarily through direct licensing to direct customers. The Company is based in Portland, Oregon.