Spectral AI, Inc. financial data

Symbol
MDAI, MDAIW on Nasdaq
Location
2515 Mckinney Ave #1000, Dallas, TX
Fiscal year end
December 31
Latest financial report
10-Q - Q2 2025 - Aug 13, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 86.9 % +3.1%
Quick Ratio 2.93 % +76.2%
Debt-to-equity -370 % +50.6%
Return On Equity 256 % -75.1%
Return On Assets -94.8 % +38.7%
Operating Margin -18.2 % +64.9%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 26.7M shares +51.8%
Common Stock, Shares, Outstanding 25.7M shares +46.2%
Entity Public Float 30.1M USD
Common Stock, Value, Issued 2K USD 0%
Weighted Average Number of Shares Outstanding, Basic 25.4M shares +44.5%
Weighted Average Number of Shares Outstanding, Diluted 25.4M shares +44.5%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 27.5M USD +22.3%
Cost of Revenue 15.1M USD +21.9%
Research and Development Expense 3.6M USD -16.3%
General and Administrative Expense 17.5M USD -19.9%
Operating Income (Loss) -5.02M USD +57.1%
Nonoperating Income (Expense) -9.07M USD -6.1%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -14.1M USD +30.4%
Income Tax Expense (Benefit) 232K USD +1350%
Net Income (Loss) Attributable to Parent -14.3M USD +29.3%
Earnings Per Share, Basic 0 USD/shares +48.9%
Earnings Per Share, Diluted 0 USD/shares +47.4%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 10.5M USD +52.7%
Accounts Receivable, after Allowance for Credit Loss, Current 1.47M USD -36.1%
Inventory, Net 462K USD +73%
Other Assets, Current 614K USD -36.9%
Assets, Current 14M USD +20.1%
Property, Plant and Equipment, Net 317K USD +4429%
Operating Lease, Right-of-Use Asset 1.69M USD -24.1%
Assets 16M USD +15.2%
Accounts Payable, Current 1.99M USD -17.4%
Accrued Liabilities, Current 2.55M USD -6.81%
Contract with Customer, Liability, Current 424K USD -67.8%
Liabilities, Current 16.2M USD +0.37%
Operating Lease, Liability, Noncurrent 1.34M USD -34.1%
Liabilities 25.2M USD +38.5%
Accumulated Other Comprehensive Income (Loss), Net of Tax 52K USD +420%
Retained Earnings (Accumulated Deficit) -53.3M USD -37.2%
Stockholders' Equity Attributable to Parent -9.15M USD -94.5%
Liabilities and Equity 16M USD +15.2%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -1.51M USD +43.8%
Net Cash Provided by (Used in) Financing Activities 10.4M USD +29.1%
Common Stock, Shares Authorized 80M shares 0%
Common Stock, Shares, Issued 25.7M shares +46.2%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 8.9M USD +65.9%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 10.5M USD +53%
Interest Paid, Excluding Capitalized Interest, Operating Activities 11K USD
Deferred Tax Assets, Valuation Allowance 6.17M USD
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.01 pure
Deferred Tax Assets, Gross 6.66M USD
Operating Lease, Liability 1.9M USD +123%
Depreciation 2K USD -33.3%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -14.3M USD +29.5%
Lessee, Operating Lease, Liability, to be Paid 2.4M USD +168%
Operating Lease, Liability, Current 612K USD +173%
Lessee, Operating Lease, Liability, to be Paid, Year Two 850K USD
Lessee, Operating Lease, Liability, to be Paid, Year One 527K USD -41.1%
Operating Lease, Weighted Average Discount Rate, Percent 0.09 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 167K USD +307%
Lessee, Operating Lease, Liability, to be Paid, Year Three 871K USD
Deferred Tax Assets, Operating Loss Carryforwards 4.52M USD
Preferred Stock, Shares Authorized 1M shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 149K USD
Operating Lease, Payments 894K USD +20.2%
Additional Paid in Capital 44.1M USD +27.5%
Deferred Tax Assets, Net of Valuation Allowance 6.17M USD
Share-based Payment Arrangement, Expense 400K USD 0%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%