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  "documentTitle": "Tempus AI, Inc. (TEM)",
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  "authorName": "Spruce Point Capital Management",
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      "text": "Tempus Disclosure of Debt Principal Reduction Netting In SG&A",
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      "text": "Spruce Point believes that Tempus has a $250 million cookie jar to embellish its Adjusted EBITDA.",
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      "text": "Spruce Point believes that Tempus has a $250 million cookie jar to embellish its Adjusted EBITDA. We estimate its Adj. EBITDA margin over the last twelve months to be 320 basis points lower.",
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      "text": "We account for the principal reductions as an offset to our cloud and compute spend within selling, general and administrative expense in our consolidated statements of operations and comprehensive loss. — Tempus AI Disclosure",
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