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  "documentTitle": "Tempus AI, Inc. (TEM)",
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  "authorName": "Spruce Point Capital Management",
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  "presentationDate": "2025-05-28 00:00:00",
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      "text": "Spruce Point observes that long-term deferred revenue is in rapid decline and headed towards zero. Our interpretation is that large customers are no longer willing to commit upfront capital to enter long-term arrangements for Tempus's Data and Services product offering.",
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      "text": "Source: TEM SEC Filings",
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