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
Delaware
Fiscal year end
December 31
Former names
Rosecliff Acquisition Corp I (to 9/13/2023)
Latest financial report
10-Q - Q2 2024 - Aug 12, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 84.3 % -44.9%
Quick Ratio 1.67 %
Debt-to-equity -901 % -989%
Return On Equity 1.24K %
Return On Assets -155 % -1182%
Operating Margin -51.8 %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 17.6M shares
Common Stock, Shares, Outstanding 17.6M shares -87%
Entity Public Float 81M USD
Common Stock, Value, Issued 2K USD -98.5%
Weighted Average Number of Shares Outstanding, Basic 17.6M shares +33.2%
Weighted Average Number of Shares Outstanding, Diluted 17.6M shares +33.2%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 22.5M USD +75.9%
Cost of Revenue 12.4M USD +69.3%
Research and Development Expense 4.3M USD +7.5%
General and Administrative Expense 21.8M USD +8.36%
Operating Income (Loss) -11.7M USD -44.8%
Nonoperating Income (Expense) -8.55M USD -805%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -20.2M USD -24.9%
Income Tax Expense (Benefit) 16K USD -99.8%
Net Income (Loss) Attributable to Parent -20.2M USD -130%
Earnings Per Share, Basic -1.33 USD/shares +30.4%
Earnings Per Share, Diluted -1.33 USD/shares +30.4%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 6.88M USD -15.8%
Accounts Receivable, after Allowance for Credit Loss, Current 2.3M USD +51%
Inventory, Net 267K USD
Other Assets, Current 973K USD +62.7%
Assets, Current 11.7M USD -1.52%
Property, Plant and Equipment, Net 7K USD -56.3%
Operating Lease, Right-of-Use Asset 2.23M USD +95.4%
Assets 13.9M USD +6.92%
Accounts Payable, Current 2.4M USD -9.56%
Accrued Liabilities, Current 2.73M USD +14.2%
Contract with Customer, Liability, Current 1.32M USD
Liabilities, Current 16.1M USD +147%
Operating Lease, Liability, Noncurrent 2.04M USD +350%
Liabilities 18.2M USD +160%
Accumulated Other Comprehensive Income (Loss), Net of Tax 10K USD
Retained Earnings (Accumulated Deficit) -38.9M USD -109%
Stockholders' Equity Attributable to Parent -4.27M USD -171%
Liabilities and Equity 13.9M USD +6.92%

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 -80%
Common Stock, Shares, Issued 17.6M shares -87.1%
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 6.88M USD -15.8%
Interest Paid, Excluding Capitalized Interest, Operating Activities 2K USD
Deferred Tax Assets, Valuation Allowance 4.33M USD +212%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.01 pure
Deferred Tax Assets, Gross 4.5M USD +180%
Operating Lease, Liability 2.26M USD +84.5%
Depreciation 3K USD +50%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -2.86M USD +6.65%
Lessee, Operating Lease, Liability, to be Paid 3.02M USD +131%
Operating Lease, Liability, Current 224K USD -71%
Lessee, Operating Lease, Liability, to be Paid, Year Two 850K USD
Lessee, Operating Lease, Liability, to be Paid, Year One 691K USD -22.7%
Operating Lease, Weighted Average Discount Rate, Percent 0.09 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 437K USD
Lessee, Operating Lease, Liability, to be Paid, Year Three 871K USD
Deferred Tax Assets, Operating Loss Carryforwards 2.4M USD +460%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 1M shares 0%
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 149K USD
Operating Lease, Payments 846K USD +3.29%
Additional Paid in Capital 34.6M USD +41.2%
Preferred Stock, Shares Outstanding 0 shares
Deferred Tax Assets, Net of Valuation Allowance 163K USD -25.2%
Share-based Payment Arrangement, Expense 400K USD
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%