Two-step approaches combining pre-trained large language model embeddings and anomaly detectors demonstrate strong performance in text anomaly detection by leveraging rich semantic representations. However, high-dimensional dense embeddings extracted by large language models pose challenges due to substantial memory requirements and high computation time. To address this challenge, we introduce the Simplified Isolation Kernel (SIK), which maps high-dimensional dense embeddings to lower-dimensional sparse representations while preserving crucial anomaly characteristics. SIK has linear time complexity and significantly reduces space complexity through its innovative boundary-focused feature mapping. Experiments across 7 datasets demonstrate that SIK achieves better detection performance than 11 state-of-the-art (SOTA) anomaly detection algorithms while maintaining computational efficiency and low memory cost. All code and demonstrations are available at https://github.com/charles-cao/SIK.