diff --git a/docs/src/conf.py b/docs/src/conf.py
index 507e4c28b..a5fbf5b16 100644
--- a/docs/src/conf.py
+++ b/docs/src/conf.py
@@ -10,8 +10,8 @@ import subprocess
 project = "MLX"
 copyright = "2023, MLX Contributors"
 author = "MLX Contributors"
-version = "0.0.4"
-release = "0.0.4"
+version = "0.0.5"
+release = "0.0.5"
 
 # -- General configuration ---------------------------------------------------
 
diff --git a/setup.py b/setup.py
index d98b47c82..53b5ea24a 100644
--- a/setup.py
+++ b/setup.py
@@ -140,7 +140,7 @@ if __name__ == "__main__":
 
     setup(
         name="mlx",
-        version=get_version("0.0.4"),
+        version=get_version("0.0.5"),
         author="MLX Contributors",
         author_email="mlx@group.apple.com",
         description="A framework for machine learning on Apple Silicon.",