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Spectral AI, Inc.

$1.83 -1.61% NASDAQ: MDAI · 15-min delayed
  • DALLAS, Texas
  • Public · NASDAQ: MDAI
  • 65 employees
$60.1MMarket cap
$19.6MRevenue · FY2025
-$7.6MNet income
65Employees
MDAINASDAQ
2023IPO

About Spectral AI, Inc.

Spectral AI Inc is an AI company focused on predictive medical diagnostics. Its DeepView System uses proprietary AI algorithms to distinguish between fully damaged, partially damaged and healthy human tissue characters invisible to the naked eye, at the initial time point of wound presentation. The DeepView System delivers a binary prediction on the wound's capacity to heal or not-heal by a specified time point in the future. The company focuses on the burn indication which is supported by the BARDA PBS contract.

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Reported figures

Financial summary

Revenue FY2025
$19.6M
Net income
-$7.6M
Total assets
$21.4M
Market cap
$60.1M
Gross margin
45.4%
Operating margin
-43.8%
Net margin
-38.5%

Source: SEC EDGAR · updated Jun 8, 2026

Multi-year

Revenue & profit trend

Revenue Net income
FY 2025

Financial statements

Income statement

Revenue
$19.6M
Cost of revenue
$10.7M
Gross profit
$8.9M
Operating expenses
$17.5M
Operating income
-$8.6M
Income tax
$11.0K
Net income
-$7.6M
EPS (basic)
$-0.29
EPS (diluted)
$-0.29

Balance sheet

Total assets
$21.4M
Current assets
$19.5M
Total liabilities
$27.1M
Current liabilities
$20.6M
Shareholders’ equity
-$5.7M

Cash flow

Operating cash flow
-$9.9M
Investing cash flow
-$10.2M
Financing cash flow
$20.1M
Net cash flow
-$37.0K

Statements via Polygon.io (SEC filings)

NASDAQ: MDAI
$1.83 -1.61%

15-minute delayed · data by Polygon.io

Past year

$1.16 $3.14

52-week range

Market cap
$60.1M
EPS (diluted)
$-0.29
Shares outstanding
32.9M
Open
Day range
Prev close
Volume
IPO date
Sep 12, 2023

Market data by Polygon.io · prices are 15-minute delayed

Auto-generated

At a glance

  • Reported a net loss of $7.6M in FY2025.
  • Revenue grew 9% from FY2023 to FY2025.
  • Gross margin of 45.4%, net margin -38.5%.
  • Trading 42% below its 52-week high.

Automatically generated from public filings and market data. Informational only — not investment advice or a recommendation to buy or sell any security.

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