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 - Q1 2025 - May 15, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 83.1 % -18.4%
Quick Ratio 2.61 %
Debt-to-equity -434 % -126%
Return On Equity 211 %
Return On Assets -63.2 % +60.2%
Operating Margin -17.8 % +71.9%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 25.3M shares +44.9%
Common Stock, Shares, Outstanding 25.6M shares +46.4%
Entity Public Float 30.1M USD
Common Stock, Value, Issued 2K USD 0%
Weighted Average Number of Shares Outstanding, Basic 23M shares +38.8%
Weighted Average Number of Shares Outstanding, Diluted 24M shares +45.1%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 30M USD +55.2%
Cost of Revenue 16.5M USD +54.5%
Research and Development Expense 3.6M USD -16.3%
General and Administrative Expense 18.8M USD -9.78%
Operating Income (Loss) -5.34M USD +56.4%
Nonoperating Income (Expense) -3.56M USD +56.8%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -8.89M USD +56.5%
Income Tax Expense (Benefit) 320K USD +223%
Net Income (Loss) Attributable to Parent -9.21M USD +54.9%
Earnings Per Share, Basic -1 USD/shares +62.1%
Earnings Per Share, Diluted -1 USD/shares +60.7%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 14.1M USD +38.8%
Accounts Receivable, after Allowance for Credit Loss, Current 2.1M USD +15%
Inventory, Net 437K USD +91.7%
Other Assets, Current 840K USD -22.9%
Assets, Current 18.7M USD +25.8%
Property, Plant and Equipment, Net 164K USD +1722%
Operating Lease, Right-of-Use Asset 1.83M USD +210%
Assets 20.7M USD +33.8%
Accounts Payable, Current 3.11M USD -5.84%
Accrued Liabilities, Current 3.71M USD -2.78%
Contract with Customer, Liability, Current 663K USD
Liabilities, Current 13.3M USD -24%
Operating Lease, Liability, Noncurrent 1.52M USD
Liabilities 22.3M USD +27.6%
Accumulated Other Comprehensive Income (Loss), Net of Tax 20K USD +100%
Retained Earnings (Accumulated Deficit) -45.3M USD -25.9%
Stockholders' Equity Attributable to Parent -1.63M USD +34.1%
Liabilities and Equity 20.7M USD +33.8%

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 25.6M shares +46.4%
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 14.1M USD +38.4%
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 -9.2M USD +55%
Lessee, Operating Lease, Liability, to be Paid 2.4M USD +168%
Operating Lease, Liability, Current 474K USD -28.2%
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 43.7M USD +28.7%
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%