{"version":"company-facts.v1","source":"https://secwatch.observer","generated_at":"2026-07-11T11:35:35.633559+00:00","company":{"ticker":"SLP","cik":1023459,"company_name":"Simulations Plus, Inc."},"pagination":{"limit":100,"returned":37,"next_cursor":null},"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer","counterparties":{"contract_counterparty":[{"display_name":"Immunetrics, Inc. and LaunchCyte LLC","detail":"merger","count":1,"first_seen":"2023-06-20T23:59:59+00:00","last_seen":"2023-06-20T23:59:59+00:00","evidence_fact_ids":[136966]},{"display_name":"Morgan Stanley & Co. 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Proposal No. 2: To ratify the selection of Rose, Snyder & Jacobs LLP as the independent registered public accounting firm for the Company for the fiscal year ending August 31, 2024. This proposal was approved based upon the following votes: Votes For Votes Against Votes Abstaining 14,691,828 88,690 6,058","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001023459-24-000030","anchor_url":"https://secwatch.observer/filing/0001023459-24-000030#claim-f098975733702d8592810b1a9afb13279daec82c","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1023459/000102345924000030/0001023459-24-000030-index.htm"},{"fact_type":"shareholder_vote","fact_key":"5d9b04d82e62c98fb452d67bdd72ba76b8ac8c4b","cik":1023459,"ticker":"SLP","company_name":"Simulations Plus, Inc.","filed_at":"2024-02-12T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2024-02-08","outcome":"passed","proposal_text":"Election of five directors","proposal_type":"director_election","results":[{"broker_non_votes":"1,337,428","subject":"Walter Woltosz","votes_abstain":null,"votes_against":null,"votes_for":"13,261,269","votes_withheld":"187,879"},{"broker_non_votes":"1,337,428","subject":"Dr. John K. Paglia","votes_abstain":null,"votes_against":null,"votes_for":"13,233,814","votes_withheld":"215,334"},{"broker_non_votes":"1,337,428","subject":"Sharlene Evans","votes_abstain":null,"votes_against":null,"votes_for":"13,301,624","votes_withheld":"147,524"},{"broker_non_votes":"1,337,428","subject":"Dr. Daniel Weiner","votes_abstain":null,"votes_against":null,"votes_for":"13,223,857","votes_withheld":"225,291"},{"broker_non_votes":"1,337,428","subject":"Lisa LaVange","votes_abstain":null,"votes_against":null,"votes_for":"13,225,460","votes_withheld":"223,688"}]},"claim":"Simulations Plus, Inc. shareholders approved Election of five directors at the 2024-02-08 meeting.","evidence_excerpt":"1. Proposal No. 1: To elect five individuals to serve on the Company's Board until the next Annual Meeting of Shareholders of the Company or until their successors are duly elected and qualified, subject to prior death, resignation, or removal. The votes were cast for this matter as follows: Nominees Votes For Votes Withheld Broker Non-votes Walter Woltosz 13,261,269 187,879 1,337,428 Dr. John K. Paglia 13,233,814 215,334 1,337,428 Sharlene Evans 13,301,624 147,524 1,337,428 Dr. Daniel Weiner 13,223,857 225,291 1,337,428 Lisa LaVange 13,225,460 223,688 1,337,428","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001023459-24-000030","anchor_url":"https://secwatch.observer/filing/0001023459-24-000030#claim-5d9b04d82e62c98fb452d67bdd72ba76b8ac8c4b","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1023459/000102345924000030/0001023459-24-000030-index.htm"},{"fact_type":"earnings_release","fact_key":"f53d732f352c9f70315175f58383b7f19502f3f1","cik":1023459,"ticker":"SLP","company_name":"Simulations Plus, Inc.","filed_at":"2024-01-03T23:59:59+00:00","payload":{"eps_text":"$0.10","guidance_signal":"reaffirmed","item_codes_triggered":["2.02"],"net_income_text":"$1.9 million","period_text":"first quarter fiscal 2024, ended November 30, 2023","report_date":"2024-01-03","result_type":"reported_results","revenue_text":"$14.5 million"},"claim":"Simulations Plus, Inc. reported first quarter fiscal 2024, ended November 30, 2023 results: revenue $14.5 million, net income $1.9 million, EPS $0.10. Guidance reaffirmed.","evidence_excerpt":"Simulations Plus Reports First Quarter Fiscal 2024 Financial Results Total revenue of $14.5 million and diluted earnings per share (EPS) of $0.10 Maintains full-year revenue guidance of $66 to $69 million (+10-15%) and EPS guidance of $0.66 to $0.68 LANCASTER, CA, January 3, 2024 – Simulations Plus, Inc. (NASDAQ: SLP) (“Simulations Plus”), a leading provider of modeling and simulation software and services for pharmaceutical safety and efficacy, today reported financial results for its first quarter fiscal 2024, ended November 30, 2023. First Quarter Financial Highlights • Total revenue increased 21% to $14.5 million • Software revenue increased 25% to $7.6 million, representing 52% of total revenue • Services revenue increased 17% to $6.9 million, representing 48% of total revenue • Gross profit increased 6% to $9.8 million; gross margin was 68% • Adjusted EBITDA of $3.4 million, representing 23% of total revenue • Net income of $1.9 million and diluted earnings per share (EPS) of $0.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001023459-24-000003","anchor_url":"https://secwatch.observer/filing/0001023459-24-000003#claim-f53d732f352c9f70315175f58383b7f19502f3f1","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1023459/000102345924000003/0001023459-24-000003-index.htm"},{"fact_type":"executive_change","fact_key":"31621e5851","cik":1023459,"ticker":"SLP","company_name":"Simulations Plus, Inc.","filed_at":"2024-01-03T23:59:59+00:00","payload":{"action":"appointed","action_category":"role_change","departure_tone":"not_applicable","effective_date":"2024-01-03","interim":false,"role":"Chief Operating Officer","role_category":"coo","successor_name":null,"successor_named":false},"claim":"Will Frederick was appointed as Chief Operating Officer at Simulations Plus, Inc..","evidence_excerpt":"Will Frederick, the Company’s Chief Financial Officer, was appointed to the additional role of Chief Operating Officer.","confidence":1.0,"filing_url":"https://secwatch.observer/filing/0001023459-24-000003","anchor_url":"https://secwatch.observer/filing/0001023459-24-000003#claim-31621e5851","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1023459/000102345924000003/0001023459-24-000003-index.htm"},{"fact_type":"earnings_release","fact_key":"818813b669f7c0c84f357565fa88adcc07f97eb1","cik":1023459,"ticker":"SLP","company_name":"Simulations Plus, Inc.","filed_at":"2023-10-25T23:59:59+00:00","payload":{"eps_text":null,"guidance_signal":"initiated","item_codes_triggered":["2.02"],"net_income_text":null,"period_text":"fourth quarter and fiscal year ended August 31, 2023","report_date":"2023-10-25","result_type":"reported_results","revenue_text":null},"claim":"Simulations Plus, Inc. updated its fourth quarter and fiscal year ended August 31, 2023 guidance (initiated).","evidence_excerpt":"On October 25, 2023, Simulations Plus, Inc., a California corporation (the “Company”), issued a press release announcing financial results for its fourth quarter and fiscal year ended August 31, 2023.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001023459-23-000121","anchor_url":"https://secwatch.observer/filing/0001023459-23-000121#claim-818813b669f7c0c84f357565fa88adcc07f97eb1","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1023459/000102345923000121/0001023459-23-000121-index.htm"},{"fact_type":"earnings_release","fact_key":"88d67ac989b2371894d98b2d881757ad498290ec","cik":1023459,"ticker":"SLP","company_name":"Simulations Plus, Inc.","filed_at":"2023-07-06T23:59:59+00:00","payload":{"eps_text":"$0.20","guidance_signal":"reaffirmed","item_codes_triggered":["2.02"],"net_income_text":"$4.0 million","period_text":"Third quarter of fiscal 2023 ended May 31, 2023","report_date":"2023-07-06","result_type":"reported_results","revenue_text":"$16.2 million"},"claim":"Simulations Plus, Inc. reported Third quarter of fiscal 2023 ended May 31, 2023 results: revenue $16.2 million, net income $4.0 million, EPS $0.20. Guidance reaffirmed.","evidence_excerpt":"Simulations Plus Reports Third Quarter Fiscal 2023 Financial Results Total revenue of $16.2 million and diluted earnings per share (EPS) of $0.20 Maintains full-year revenue guidance of $59.3 - $62.0 million (+10-15%) and EPS guidance of $0.63 - $0.67","confidence":1.0,"filing_url":"https://secwatch.observer/filing/0001023459-23-000085","anchor_url":"https://secwatch.observer/filing/0001023459-23-000085#claim-88d67ac989b2371894d98b2d881757ad498290ec","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1023459/000102345923000085/0001023459-23-000085-index.htm"},{"fact_type":"material_agreement","fact_key":"d41b64917465dcaef063a476317a1f36ce22ad15","cik":1023459,"ticker":"SLP","company_name":"Simulations Plus, Inc.","filed_at":"2023-06-20T23:59:59+00:00","payload":{"action":"entry","agreement_name":"Earnout Agreement","agreement_type":"other","counterparty":"the Company, Merger Sub, Immunetrics and the Stockholder Representative","effective_date":"2023-06-16","item_codes_triggered":["1.01"],"value_text":"up to $8.0 million of Earnout Payments"},"claim":"Simulations Plus, Inc. entered into Earnout Agreement with the Company, Merger Sub, Immunetrics and the Stockholder Representative valued at up to $8.0 million of Earnout Payments (effective 2023-06-16).","evidence_excerpt":"Pursuant to the Earnout Agreement, the Company shall pay the Equityholders an aggregate amount of up to $8.0 million of Earnout Payments","confidence":0.7,"filing_url":"https://secwatch.observer/filing/0001023459-23-000074","anchor_url":"https://secwatch.observer/filing/0001023459-23-000074#claim-d41b64917465dcaef063a476317a1f36ce22ad15","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1023459/000102345923000074/0001023459-23-000074-index.htm"},{"fact_type":"material_agreement","fact_key":"2bb1a67f7b1048396291945833cd44248b027bb8","cik":1023459,"ticker":"SLP","company_name":"Simulations Plus, Inc.","filed_at":"2023-06-20T23:59:59+00:00","payload":{"action":"entry","agreement_name":"Agreement and Plan of Merger","agreement_type":"merger","counterparty":"Immunetrics, Inc. and LaunchCyte LLC, as representative of the stockholders of Immunetrics","effective_date":"2023-06-16","item_codes_triggered":["1.01"],"value_text":"$13,705,082.50"},"claim":"Simulations Plus, Inc. entered into Agreement and Plan of Merger with Immunetrics, Inc. and LaunchCyte LLC, as representative of the stockholders of Immunetrics valued at $13,705,082.50 (effective 2023-06-16).","evidence_excerpt":"On June 16, 2023, Simulations Plus, Inc. (the “Company”) entered into an Agreement and Plan of Merger (the “Merger Agreement”) by and among the Company, Insight Merger Sub, Inc., a wholly-owned subsidiary of the Company (“Merger Sub”), Immunetrics, Inc. (“Immunetrics”), a company specializing in quantitative systems pharmacology modeling, and LaunchCyte LLC, as representative of the stockholders of Immunetrics (the “Stockholder Representative”).","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001023459-23-000074","anchor_url":"https://secwatch.observer/filing/0001023459-23-000074#claim-2bb1a67f7b1048396291945833cd44248b027bb8","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1023459/000102345923000074/0001023459-23-000074-index.htm"},{"fact_type":"executive_change","fact_key":"8de4f5de10","cik":1023459,"ticker":"SLP","company_name":"Simulations Plus, Inc.","filed_at":"2023-06-20T23:59:59+00:00","payload":{"action":"appointed","action_category":"appointment","departure_tone":"not_applicable","effective_date":"2023-06-16","interim":false,"role":"President","role_category":"president","successor_name":null,"successor_named":false},"claim":"Steven Chang was appointed as President at Simulations Plus, Inc..","evidence_excerpt":"Steven Chang, the Chief Executive Officer of Immunetrics pre-Merger, was appointed as President of the Surviving Corporation","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001023459-23-000074","anchor_url":"https://secwatch.observer/filing/0001023459-23-000074#claim-8de4f5de10","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1023459/000102345923000074/0001023459-23-000074-index.htm"},{"fact_type":"earnings_release","fact_key":"713a38658b2ca4858f56a1610f88d901f97684b2","cik":1023459,"ticker":"SLP","company_name":"Simulations Plus, Inc.","filed_at":"2023-04-05T23:59:59+00:00","payload":{"eps_text":"$0.20","guidance_signal":"reaffirmed","item_codes_triggered":["2.02"],"net_income_text":"$4.2 million","period_text":"second quarter of fiscal 2023 ended February 28, 2023","report_date":"2023-04-05","result_type":"reported_results","revenue_text":"$15.8 million"},"claim":"Simulations Plus, Inc. reported second quarter of fiscal 2023 ended February 28, 2023 results: revenue $15.8 million, net income $4.2 million, EPS $0.20. Guidance reaffirmed.","evidence_excerpt":"Simulations Plus Reports Second Quarter Fiscal 2023 Financial Results Total revenue of $15.8 million; Diluted Earnings Per Share (EPS) of $0.20; Maintains full-year revenue guidance of $59.3 - $62.0 million (+10-15%) and EPS Guidance of $0.63 - $0.67","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001023459-23-000054","anchor_url":"https://secwatch.observer/filing/0001023459-23-000054#claim-713a38658b2ca4858f56a1610f88d901f97684b2","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1023459/000102345923000054/0001023459-23-000054-index.htm"},{"fact_type":"shareholder_vote","fact_key":"83a196375688c37daa9cfb26e9073900bbd737de","cik":1023459,"ticker":"SLP","company_name":"Simulations Plus, Inc.","filed_at":"2023-02-13T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2023-02-09","outcome":"passed","proposal_text":"Advisory (non-binding) vote on named executive officer compensation","proposal_type":"say_on_pay","results":[{"broker_non_votes":null,"subject":null,"votes_abstain":"29,990","votes_against":"640,930","votes_for":"12,638,735","votes_withheld":null}]},"claim":"Simulations Plus, Inc. shareholders approved Advisory (non-binding) vote on named executive officer compensation at the 2023-02-09 meeting.","evidence_excerpt":"To approve on an advisory, nonbinding basis, name executive officer compensation. This proposal was approved based upon the following votes: Votes For Votes Against Votes Abstaining 12,638,735 640,930 29,990","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001023459-23-000034","anchor_url":"https://secwatch.observer/filing/0001023459-23-000034#claim-83a196375688c37daa9cfb26e9073900bbd737de","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1023459/000102345923000034/0001023459-23-000034-index.htm"},{"fact_type":"shareholder_vote","fact_key":"e5fb1ab2fb3a8a00d42267cb95f690294ad3f13e","cik":1023459,"ticker":"SLP","company_name":"Simulations Plus, Inc.","filed_at":"2023-02-13T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2023-02-09","outcome":"passed","proposal_text":"Approval of an amendment to the 2021 Equity Incentive Plan to increase authorized shares from 1,300,000 to 1,550,000","proposal_type":"equity_plan","results":[{"broker_non_votes":null,"subject":null,"votes_abstain":"24,861","votes_against":"831,073","votes_for":"12,453,721","votes_withheld":null}]},"claim":"Simulations Plus, Inc. shareholders approved Approval of an amendment to the 2021 Equity Incentive Plan to increase authorized shares from 1,300,000 to 1,550,000 at the 2023-02-09 meeting.","evidence_excerpt":"To approve an amendment to the 2021 Plan to increase the number of shares authorized for issuance thereunder from 1,300,000 shares to 1,550,000 shares of common stock of the Company. This proposal was approved based upon the following votes: Votes For Votes Against Votes Abstaining 12,453,721 831,073 24,861","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001023459-23-000034","anchor_url":"https://secwatch.observer/filing/0001023459-23-000034#claim-e5fb1ab2fb3a8a00d42267cb95f690294ad3f13e","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1023459/000102345923000034/0001023459-23-000034-index.htm"},{"fact_type":"shareholder_vote","fact_key":"2e6f8ccb2dacb2d845195f6545e4fe1ebff05e23","cik":1023459,"ticker":"SLP","company_name":"Simulations Plus, Inc.","filed_at":"2023-02-13T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2023-02-09","outcome":"passed","proposal_text":"Ratification of the selection of Rose, Snyder & Jacobs LLP as the independent registered public accounting firm","proposal_type":"auditor_ratification","results":[{"broker_non_votes":null,"subject":null,"votes_abstain":"16,439","votes_against":"33,568","votes_for":"14,559,325","votes_withheld":null}]},"claim":"Simulations Plus, Inc. shareholders approved Ratification of the selection of Rose, Snyder & Jacobs LLP as the independent registered public accounting firm at the 2023-02-09 meeting.","evidence_excerpt":"To ratify the selection of Rose, Snyder & Jacobs LLP as the independent registered public accounting firm for the Company for the fiscal year ending August 31, 2023. This proposal was approved based upon the following votes: Votes For Votes Against Votes Abstaining 14,559,325 33,568 16,439","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001023459-23-000034","anchor_url":"https://secwatch.observer/filing/0001023459-23-000034#claim-2e6f8ccb2dacb2d845195f6545e4fe1ebff05e23","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1023459/000102345923000034/0001023459-23-000034-index.htm"},{"fact_type":"shareholder_vote","fact_key":"8e951cd7101497ed3e53d2c8c3ceb859220d9a2c","cik":1023459,"ticker":"SLP","company_name":"Simulations Plus, Inc.","filed_at":"2023-02-13T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2023-02-09","outcome":"passed","proposal_text":"Election of five directors to serve on the Board until the next Annual Meeting","proposal_type":"director_election","results":[{"broker_non_votes":"1,299,677","subject":"Walter Woltosz","votes_abstain":null,"votes_against":null,"votes_for":"13,179,230","votes_withheld":"130,425"},{"broker_non_votes":"1,299,677","subject":"Dr. John K. 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Paglia 13,235,676 73,979 1,299,677 Sharlene Evans 13,226,141 83,514 1,299,677 Dr. Daniel Weiner 13,234,805 74,850 1,299,677 Lisa LaVange 13,228,618 81,037 1,299,677","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001023459-23-000034","anchor_url":"https://secwatch.observer/filing/0001023459-23-000034#claim-8e951cd7101497ed3e53d2c8c3ceb859220d9a2c","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1023459/000102345923000034/0001023459-23-000034-index.htm"},{"fact_type":"material_agreement","fact_key":"29eb0007d884aa4cfe6c3248f6b47e5c06965e82","cik":1023459,"ticker":"SLP","company_name":"Simulations Plus, Inc.","filed_at":"2023-01-12T23:59:59+00:00","payload":{"action":"entry","agreement_name":"accelerated share repurchase agreement","agreement_type":"equity_purchase","counterparty":"Morgan Stanley & Co. 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Guidance reaffirmed.","evidence_excerpt":"First Quarter Financial Highlights (Fiscal 2023 vs. Fiscal 2022): • Total revenue decreased 4% to $12.0 million; • Software revenue decreased 17% to $6.1 million, representing 51% of total revenue; • Services revenue increased 17% to $5.9 million, representing 49% of total revenue; • Gross profit decreased 4% to $9.3 million; gross margin was 78%; • Net income of $1.2 million and diluted EPS of $0.06, compared to net income of $3.0 million and diluted EPS of $0.15; • Adjusted EBITDA of $3.0 million, representing 25% of total revenue.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001023459-23-000009","anchor_url":"https://secwatch.observer/filing/0001023459-23-000009#claim-41e509335ee3137def2f6e2b065bfacb27c69f87","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1023459/000102345923000009/0001023459-23-000009-index.htm"},{"fact_type":"executive_change","fact_key":"69decf0fbe","cik":1023459,"ticker":"SLP","company_name":"Simulations Plus, Inc.","filed_at":"2022-10-26T23:59:59+00:00","payload":{"action":"appointed","action_category":"appointment","departure_tone":"not_applicable","effective_date":"2022-10-20","interim":false,"role":"lead independent director","role_category":"director","successor_name":null,"successor_named":false},"claim":"Daniel Weiner was appointed as lead independent director at Simulations Plus, Inc..","evidence_excerpt":"Additionally, upon recommendation of the Nominating & Corporate Governance Committee, the Board appointed Daniel Weiner as the lead independent director of the Board.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001023459-22-000072","anchor_url":"https://secwatch.observer/filing/0001023459-22-000072#claim-69decf0fbe","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1023459/000102345922000072/0001023459-22-000072-index.htm"}]}