Spectral AI, Inc. financial data

Symbol
MDAI, MDAIW on Nasdaq
Industry
Surgical & Medical Instruments & Apparatus
Location
2515 Mckinney Ave #1000, Dallas, TX
State of incorporation
DE
Fiscal year end
December 31
Former names
Rosecliff Acquisition Corp I (to 9/13/2023)
Latest financial report
10-K - Q4 2024 - Mar 31, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 71.7 % -28.9%
Quick Ratio 2.12 %
Debt-to-equity -397 % -230%
Return On Equity 343 %
Return On Assets -115 % +42.7%
Operating Margin -22.3 % +69.1%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 25.3M shares +44.9%
Common Stock, Shares, Outstanding 22.6M shares +38.7%
Entity Public Float 30.1M USD
Common Stock, Value, Issued 2K USD 0%
Weighted Average Number of Shares Outstanding, Basic 17.9M shares +27.3%
Weighted Average Number of Shares Outstanding, Diluted 17.9M shares +27.3%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 29.6M USD +63.8%
Cost of Revenue 16.3M USD +60.3%
Research and Development Expense 4.3M USD +7.5%
General and Administrative Expense 19.9M USD -4.83%
Operating Income (Loss) -6.58M USD +49.3%
Nonoperating Income (Expense) -8.46M USD -7.67%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -15M USD +27.8%
Income Tax Expense (Benefit) 271K USD +2364%
Net Income (Loss) Attributable to Parent -15.3M USD +26.6%
Earnings Per Share, Basic -0.85 USD/shares +42.6%
Earnings Per Share, Diluted -0.85 USD/shares +42.6%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 5.2M USD +8.56%
Accounts Receivable, after Allowance for Credit Loss, Current 2.51M USD +6.78%
Inventory, Net 425K USD +84.8%
Other Assets, Current 746K USD -6.87%
Assets, Current 10.1M USD +2.22%
Property, Plant and Equipment, Net 2K USD -83.3%
Operating Lease, Right-of-Use Asset 1.97M USD +153%
Assets 12.1M USD +13.1%
Accounts Payable, Current 4.04M USD +50.4%
Accrued Liabilities, Current 3.21M USD -25.3%
Contract with Customer, Liability, Current 960K USD -58.5%
Liabilities, Current 17.6M USD +42.3%
Operating Lease, Liability, Noncurrent 1.7M USD
Liabilities 19.3M USD +56%
Accumulated Other Comprehensive Income (Loss), Net of Tax 3K USD -75%
Retained Earnings (Accumulated Deficit) -48.1M USD -46.7%
Stockholders' Equity Attributable to Parent -7.25M USD -324%
Liabilities and Equity 12.1M USD +13.1%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -2.68M USD +28.6%
Net Cash Provided by (Used in) Financing Activities 8.05M USD
Common Stock, Shares Authorized 80M shares 0%
Common Stock, Shares, Issued 22.6M shares +38.7%
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 5.37M USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 5.16M USD +7.66%
Interest Paid, Excluding Capitalized Interest, Operating Activities 2K 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 3K USD +50%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -15.3M USD +26.5%
Lessee, Operating Lease, Liability, to be Paid 2.4M USD +168%
Operating Lease, Liability, Current 201K USD -76.4%
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 40.8M USD +31.5%
Deferred Tax Assets, Net of Valuation Allowance 6.17M USD
Share-based Payment Arrangement, Expense 400K USD
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%