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-Q - Q3 2024 - Nov 6, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 77.7 % -48.6%
Quick Ratio 1.98 %
Debt-to-equity -519 % -479%
Return On Equity 360 %
Return On Assets -86.1 % +44.1%
Operating Margin -30.8 %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 18.6M shares +14.4%
Common Stock, Shares, Outstanding 18.5M shares +18%
Entity Public Float 81M USD
Common Stock, Value, Issued 2K USD 0%
Weighted Average Number of Shares Outstanding, Basic 17.9M shares +29.2%
Weighted Average Number of Shares Outstanding, Diluted 17.9M shares +29.2%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 27.3M USD +138%
Cost of Revenue 14.9M USD +129%
Research and Development Expense 4.3M USD +7.5%
General and Administrative Expense 20.8M USD -6.99%
Operating Income (Loss) -8.4M USD +29.9%
Nonoperating Income (Expense) -2.61M USD +91.1%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -11M USD +58.6%
Income Tax Expense (Benefit) 107K USD -98.6%
Net Income (Loss) Attributable to Parent -11.1M USD +41.6%
Earnings Per Share, Basic -0.64 USD/shares +89.6%
Earnings Per Share, Diluted -0.64 USD/shares +89.6%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 3.7M USD
Accounts Receivable, after Allowance for Credit Loss, Current 2.83M USD +116%
Inventory, Net 443K USD +101%
Other Assets, Current 1.01M USD +70.2%
Assets, Current 9.5M USD -16.4%
Property, Plant and Equipment, Net 5K USD -64.3%
Operating Lease, Right-of-Use Asset 2.1M USD +119%
Assets 11.6M USD -5.91%
Accounts Payable, Current 2.8M USD -14.6%
Accrued Liabilities, Current 3.25M USD -18.3%
Contract with Customer, Liability, Current 731K USD
Liabilities, Current 13.1M USD +22.7%
Operating Lease, Liability, Noncurrent 1.87M USD +720%
Liabilities 15.9M USD +46.6%
Accumulated Other Comprehensive Income (Loss), Net of Tax 25K USD
Retained Earnings (Accumulated Deficit) -40.4M USD -38%
Stockholders' Equity Attributable to Parent -4.34M USD -398%
Liabilities and Equity 11.6M USD -5.91%

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 18.5M shares +18%
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 3.7M USD -49.6%
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 2.08M USD +100%
Depreciation 3K USD +50%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -11.1M USD +86%
Lessee, Operating Lease, Liability, to be Paid 2.79M USD +153%
Operating Lease, Liability, Current 212K USD -73.9%
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 384K 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 870K USD +11.5%
Additional Paid in Capital 36M USD +17.3%
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%