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

Kartoon Studios, Inc. is the larger business by last-quarter revenue ($9.7M vs $7.5M, roughly 1.3× Semler Scientific, Inc.). Semler Scientific, Inc. runs the higher net margin — 225.6% vs -54.4%, a 280.0% gap on every dollar of revenue. On growth, Kartoon Studios, Inc. posted the faster year-over-year revenue change (2.9% vs -44.6%). Over the past eight quarters, Kartoon Studios, Inc.'s revenue compounded faster (26.3% CAGR vs -29.5%).

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.

Kartoon Studios, Inc. is an entertainment company headed by Andy Heyward. The company was formed in 2010 as Genius Brands International (GBI) from the merger of Genius Brands International and A Squared Entertainment.

SMLR vs TOON — Head-to-Head

Bigger by revenue
TOON
TOON
1.3× larger
TOON
$9.7M
$7.5M
SMLR
Growing faster (revenue YoY)
TOON
TOON
+47.4% gap
TOON
2.9%
-44.6%
SMLR
Higher net margin
SMLR
SMLR
280.0% more per $
SMLR
225.6%
-54.4%
TOON
Faster 2-yr revenue CAGR
TOON
TOON
Annualised
TOON
26.3%
-29.5%
SMLR

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
SMLR
SMLR
TOON
TOON
Revenue
$7.5M
$9.7M
Net Profit
$16.9M
$-5.3M
Gross Margin
91.5%
Operating Margin
-72.0%
-38.4%
Net Margin
225.6%
-54.4%
Revenue YoY
-44.6%
2.9%
Net Profit YoY
201.3%
8.5%
EPS (diluted)
$1.07
$-0.08

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
SMLR
SMLR
TOON
TOON
Q4 25
$9.7M
Q3 25
$7.5M
$9.9M
Q2 25
$8.2M
$10.3M
Q1 25
$8.8M
$9.5M
Q4 24
$12.4M
$9.4M
Q3 24
$13.5M
$8.7M
Q2 24
$14.5M
$8.4M
Q1 24
$15.9M
$6.1M
Net Profit
SMLR
SMLR
TOON
TOON
Q4 25
$-5.3M
Q3 25
$16.9M
$-6.6M
Q2 25
$66.9M
$-6.2M
Q1 25
$-64.7M
$-6.5M
Q4 24
$29.2M
$-5.8M
Q3 24
$5.6M
$-2.1M
Q2 24
$11.0K
$-5.9M
Q1 24
$6.1M
$-7.0M
Gross Margin
SMLR
SMLR
TOON
TOON
Q4 25
Q3 25
91.5%
Q2 25
91.0%
Q1 25
89.4%
Q4 24
91.1%
Q3 24
91.4%
Q2 24
91.3%
Q1 24
92.2%
Operating Margin
SMLR
SMLR
TOON
TOON
Q4 25
-38.4%
Q3 25
-72.0%
-29.3%
Q2 25
-25.0%
-31.3%
Q1 25
-352.0%
-32.4%
Q4 24
28.5%
-37.1%
Q3 24
37.5%
-29.2%
Q2 24
37.0%
-55.6%
Q1 24
43.9%
-103.6%
Net Margin
SMLR
SMLR
TOON
TOON
Q4 25
-54.4%
Q3 25
225.6%
-66.5%
Q2 25
814.6%
-60.0%
Q1 25
-732.3%
-68.7%
Q4 24
235.3%
-61.2%
Q3 24
41.5%
-23.6%
Q2 24
0.1%
-70.1%
Q1 24
38.2%
-115.9%
EPS (diluted)
SMLR
SMLR
TOON
TOON
Q4 25
$-0.08
Q3 25
$1.07
$-0.14
Q2 25
$5.04
$-0.13
Q1 25
$-6.74
$-0.14
Q4 24
$3.63
$-0.14
Q3 24
$0.72
$-0.05
Q2 24
$0.00
$-0.15
Q1 24
$0.78
$-0.20

Balance Sheet & Financial Strength

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

Metric
SMLR
SMLR
TOON
TOON
Cash + ST InvestmentsLiquidity on hand
$10.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$459.7M
$26.2M
Total Assets
$596.7M
$70.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SMLR
SMLR
TOON
TOON
Q4 25
Q3 25
$10.2M
Q2 25
$13.5M
Q1 25
$9.7M
Q4 24
$8.8M
$100.0K
Q3 24
$6.6M
Q2 24
$7.3M
Q1 24
$62.8M
Stockholders' Equity
SMLR
SMLR
TOON
TOON
Q4 25
$26.2M
Q3 25
$459.7M
$22.6M
Q2 25
$383.4M
$28.4M
Q1 25
$161.7M
$28.6M
Q4 24
$230.8M
$35.0M
Q3 24
$85.4M
$41.2M
Q2 24
$78.4M
$42.7M
Q1 24
$77.9M
$44.8M
Total Assets
SMLR
SMLR
TOON
TOON
Q4 25
$70.9M
Q3 25
$596.7M
$66.7M
Q2 25
$522.6M
$70.0M
Q1 25
$293.4M
$71.7M
Q4 24
$239.8M
$85.5M
Q3 24
$92.2M
$87.3M
Q2 24
$84.8M
$89.0M
Q1 24
$83.9M
$93.3M

Cash Flow & Capital Efficiency

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

Metric
SMLR
SMLR
TOON
TOON
Operating Cash FlowLast quarter
$-33.0M
$381.0K
Free Cash FlowOCF − Capex
$346.0K
FCF MarginFCF / Revenue
3.6%
Capex IntensityCapex / Revenue
0.4%
Cash ConversionOCF / Net Profit
-1.95×
TTM Free Cash FlowTrailing 4 quarters
$-11.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SMLR
SMLR
TOON
TOON
Q4 25
$381.0K
Q3 25
$-33.0M
$-5.5M
Q2 25
$514.0K
$-4.5M
Q1 25
$-1.9M
$-1.8M
Q4 24
$7.4M
$-2.4M
Q3 24
$6.4M
$1.5M
Q2 24
$4.9M
$-6.5M
Q1 24
$5.6M
$3.8M
Free Cash Flow
SMLR
SMLR
TOON
TOON
Q4 25
$346.0K
Q3 25
$-5.5M
Q2 25
$-4.5M
Q1 25
$-1.8M
Q4 24
$7.4M
$-2.4M
Q3 24
$1.5M
Q2 24
$4.9M
Q1 24
$5.6M
$3.8M
FCF Margin
SMLR
SMLR
TOON
TOON
Q4 25
3.6%
Q3 25
-56.0%
Q2 25
-44.1%
Q1 25
-19.4%
Q4 24
59.8%
-25.6%
Q3 24
17.1%
Q2 24
33.8%
Q1 24
35.3%
62.7%
Capex Intensity
SMLR
SMLR
TOON
TOON
Q4 25
0.4%
Q3 25
0.4%
Q2 25
0.6%
Q1 25
0.2%
Q4 24
0.0%
0.5%
Q3 24
0.0%
0.4%
Q2 24
0.3%
0.0%
Q1 24
0.0%
0.6%
Cash Conversion
SMLR
SMLR
TOON
TOON
Q4 25
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.

Revenue Breakdown by Segment

SMLR
SMLR

Segment breakdown not available.

TOON
TOON

Other$4.6M48%
CA$2.8M29%
Content Distribution$2.2M23%

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