{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-093562","form_type":"8-K","ticker":null,"cik":"0001554859","company_name":"Semler Scientific, Inc.","filed_at":"2025-09-26T23:59:59+00:00","discovered_at":"2026-05-14T18:02:44.339484+00:00","generated_at":"2026-05-17T05:33:50.259939+00:00","sec_items":["1.01","2.03","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Semler Scientific borrows $20M at 10% from Coinbase Credit, collateralized by Bitcoin, to fund DOJ settlement","bullets":["Borrowed $20M cash from Coinbase Credit on Sept 25, 2025, at 10% interest rate.","Loan collateralized by Bitcoin with initial margin of 156.25%; matures March 26, 2026.","Proceeds to pay previously disclosed U.S. Department of Justice settlement along with cash from operations.","Loan incurs early termination fee equal to all remaining interest if prepaid.","Agreement allows future borrowings of cash or digital assets under same master loan agreement."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-093562","json":"https://secwatch.observer/filing/0001104659-25-093562.json","markdown":"https://secwatch.observer/filing/0001104659-25-093562.md","text":"https://secwatch.observer/filing/0001104659-25-093562.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1554859/000110465925093562/0001104659-25-093562-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1554859/000110465925093562/tm2526607d8_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T05:33:50.259939+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"30df526ad57b8c3737dea6a5d7d8c37db77e50b0","claim":"Semler Scientific, Inc. incurred loan of $20.0 million with Coinbase Credit Inc. at 10% maturing March 26, 2026.","evidence_excerpt":"Accordingly, on September 25, 2025, Semler Sci borrowed $20.0 million of cash from Coinbase Credit pursuant to the master loan agreement.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1554859/000110465925093562/0001104659-25-093562-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"loan"},{"label":"Principal","value":"$20.0 million"},{"label":"Counterparty","value":"Coinbase Credit Inc."},{"label":"Rate","value":"10%"},{"label":"Maturity","value":"March 26, 2026"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}