Research and Development Expense in USD of Spectral AI, Inc. from 2022 to Q1 2025

Taxonomy & unit
us-gaap: USD
Description
The aggregate costs incurred (1) in a planned search or critical investigation aimed at discovery of new knowledge with the hope that such knowledge will be useful in developing a new product or service, a new process or technique, or in bringing about a significant improvement to an existing product or process; or (2) to translate research findings or other knowledge into a plan or design for a new product or process or for a significant improvement to an existing product or process whether intended for sale or the entity's use, during the reporting period charged to research and development projects, including the costs of developing computer software up to the point in time of achieving technological feasibility, and costs allocated in accounting for a business combination to in-process projects deemed to have no alternative future use.
Summary
Spectral AI, Inc. quarterly/annual Research and Development Expense history and change rate from 2022 to Q1 2025.
  • Spectral AI, Inc. Research and Development Expense for the quarter ending 31 Mar 2025 was $3.6M, a 16.3% decline year-over-year.
  • Spectral AI, Inc. annual Research and Development Expense for 2023 was $15.1M, a 8.49% decline from 2022.
Research and Development Expense, Quarterly (USD)
Research and Development Expense, YoY Quarterly Change (%)
Research and Development Expense, Annual (USD)
Research and Development Expense, YoY Annual Change (%)

Spectral AI, Inc. Quarterly Research and Development Expense (USD)

Period TTM Value Value YoY Chg Change % Start Date End Date Report Filed
Q1 2025 $3.6M -$700K -16.3% 01 Jan 2025 31 Mar 2025 10-Q 15 May 2025
Q1 2024 $4.3M +$300K +7.5% 01 Jan 2024 31 Mar 2024 10-Q 15 May 2025
Q1 2023 $4M 01 Jan 2023 31 Mar 2023 10-Q 09 May 2024

Spectral AI, Inc. Annual Research and Development Expense (USD)

Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $15.1M -$1.4M -8.49% 01 Jan 2023 31 Dec 2023 10-K 29 Mar 2024
2022 $16.5M 01 Jan 2022 31 Dec 2022 10-K 29 Mar 2024
* An asterisk sign (*) next to the value indicates that the value is likely invalid.