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Side-by-side financial comparison of Solana Co (HSDT) and Semler Scientific, Inc. (SMLR). Click either name above to swap in a different company.

Semler Scientific, Inc. is the larger business by last-quarter revenue ($7.5M vs $5.2M, roughly 1.4× Solana Co). Solana Co runs the higher net margin — 6227.1% vs 225.6%, a 6001.4% gap on every dollar of revenue. On growth, Solana Co posted the faster year-over-year revenue change (2725.9% vs -44.6%). Over the past eight quarters, Solana Co's revenue compounded faster (522.3% CAGR vs -29.5%).

Solana is a Mexican cottage manufacturer of sports, racing, and kids' automobiles based in Mexico City. The family run company has operated since 1936, with a total production of fewer than fifty cars; the majority of them one-offs. The family is heavily involved in motor sports; the most prominent member was Moisés Solana, who raced family-built cars and later in Formula One.

Semler Scientific, Inc. develops, manufactures and distributes non-invasive medical diagnostic devices for chronic disease screening. Its flagship QuantaFlo system delivers fast, accurate peripheral arterial disease testing, serving hospitals, clinics, primary care practices and other healthcare providers primarily in the United States.

HSDT vs SMLR — Head-to-Head

Bigger by revenue
SMLR
SMLR
1.4× larger
SMLR
$7.5M
$5.2M
HSDT
Growing faster (revenue YoY)
HSDT
HSDT
+2770.5% gap
HSDT
2725.9%
-44.6%
SMLR
Higher net margin
HSDT
HSDT
6001.4% more per $
HSDT
6227.1%
225.6%
SMLR
Faster 2-yr revenue CAGR
HSDT
HSDT
Annualised
HSDT
522.3%
-29.5%
SMLR

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
HSDT
HSDT
SMLR
SMLR
Revenue
$5.2M
$7.5M
Net Profit
$325.6M
$16.9M
Gross Margin
96.6%
91.5%
Operating Margin
-3845.8%
-72.0%
Net Margin
6227.1%
225.6%
Revenue YoY
2725.9%
-44.6%
Net Profit YoY
8388.0%
201.3%
EPS (diluted)
$111.28
$1.07

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
HSDT
HSDT
SMLR
SMLR
Q4 25
$5.2M
Q3 25
$697.0K
$7.5M
Q2 25
$43.0K
$8.2M
Q1 25
$49.0K
$8.8M
Q4 24
$185.0K
$12.4M
Q3 24
$51.0K
$13.5M
Q2 24
$182.0K
$14.5M
Q1 24
$135.0K
$15.9M
Net Profit
HSDT
HSDT
SMLR
SMLR
Q4 25
$325.6M
Q3 25
$-352.8M
$16.9M
Q2 25
$-9.8M
$66.9M
Q1 25
$-3.8M
$-64.7M
Q4 24
$29.2M
Q3 24
$-3.7M
$5.6M
Q2 24
$-1.6M
$11.0K
Q1 24
$-2.5M
$6.1M
Gross Margin
HSDT
HSDT
SMLR
SMLR
Q4 25
96.6%
Q3 25
85.2%
91.5%
Q2 25
91.0%
Q1 25
89.4%
Q4 24
16.8%
91.1%
Q3 24
91.4%
Q2 24
35.2%
91.3%
Q1 24
8.9%
92.2%
Operating Margin
HSDT
HSDT
SMLR
SMLR
Q4 25
-3845.8%
Q3 25
-5086.1%
-72.0%
Q2 25
-7725.6%
-25.0%
Q1 25
-8185.7%
-352.0%
Q4 24
28.5%
Q3 24
-7980.4%
37.5%
Q2 24
-1796.7%
37.0%
Q1 24
-2530.4%
43.9%
Net Margin
HSDT
HSDT
SMLR
SMLR
Q4 25
6227.1%
Q3 25
-50612.3%
225.6%
Q2 25
-22867.4%
814.6%
Q1 25
-7832.7%
-732.3%
Q4 24
235.3%
Q3 24
-7227.5%
41.5%
Q2 24
-885.7%
0.1%
Q1 24
-1863.7%
38.2%
EPS (diluted)
HSDT
HSDT
SMLR
SMLR
Q4 25
$111.28
Q3 25
$-32.89
$1.07
Q2 25
$-79.73
$5.04
Q1 25
$-0.51
$-6.74
Q4 24
$3.63
Q3 24
$-744.35
$0.72
Q2 24
$-485.30
$0.00
Q1 24
$-3.08
$0.78

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
HSDT
HSDT
SMLR
SMLR
Cash + ST InvestmentsLiquidity on hand
$7.3M
$10.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$300.9M
$459.7M
Total Assets
$303.9M
$596.7M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HSDT
HSDT
SMLR
SMLR
Q4 25
$7.3M
Q3 25
$124.1M
$10.2M
Q2 25
$6.1M
$13.5M
Q1 25
$1.1M
$9.7M
Q4 24
$1.1M
$8.8M
Q3 24
$3.5M
$6.6M
Q2 24
$6.4M
$7.3M
Q1 24
$3.6M
$62.8M
Stockholders' Equity
HSDT
HSDT
SMLR
SMLR
Q4 25
$300.9M
Q3 25
$-152.4M
$459.7M
Q2 25
$6.0M
$383.4M
Q1 25
$1.3M
$161.7M
Q4 24
$1.1M
$230.8M
Q3 24
$3.8M
$85.4M
Q2 24
$6.3M
$78.4M
Q1 24
$2.0M
$77.9M
Total Assets
HSDT
HSDT
SMLR
SMLR
Q4 25
$303.9M
Q3 25
$475.9M
$596.7M
Q2 25
$7.9M
$522.6M
Q1 25
$3.5M
$293.4M
Q4 24
$3.5M
$239.8M
Q3 24
$5.6M
$92.2M
Q2 24
$8.8M
$84.8M
Q1 24
$5.8M
$83.9M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
HSDT
HSDT
SMLR
SMLR
Operating Cash FlowLast quarter
$-16.5M
$-33.0M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
-0.05×
-1.95×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HSDT
HSDT
SMLR
SMLR
Q4 25
$-16.5M
Q3 25
$-4.0M
$-33.0M
Q2 25
$-2.8M
$514.0K
Q1 25
$-3.5M
$-1.9M
Q4 24
$-11.0M
$7.4M
Q3 24
$-2.8M
$6.4M
Q2 24
$-2.9M
$4.9M
Q1 24
$-3.0M
$5.6M
Free Cash Flow
HSDT
HSDT
SMLR
SMLR
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$-11.0M
$7.4M
Q3 24
Q2 24
$4.9M
Q1 24
$-3.0M
$5.6M
FCF Margin
HSDT
HSDT
SMLR
SMLR
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
-5970.8%
59.8%
Q3 24
Q2 24
33.8%
Q1 24
-2226.7%
35.3%
Capex Intensity
HSDT
HSDT
SMLR
SMLR
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
2.7%
0.0%
Q3 24
0.0%
0.0%
Q2 24
0.0%
0.3%
Q1 24
3.7%
0.0%
Cash Conversion
HSDT
HSDT
SMLR
SMLR
Q4 25
-0.05×
Q3 25
-1.95×
Q2 25
0.01×
Q1 25
Q4 24
0.25×
Q3 24
1.15×
Q2 24
448.55×
Q1 24
0.93×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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