Spectral AI, Inc. (MDAI)
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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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
Revenue & profit trend
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)
15-minute delayed · data by Polygon.io
Past year · hover for prices
52-week range
- Market cap
- $60.1M
- EPS (diluted)
- $-0.29
- Shares outstanding
- 36.7M
- Open
- —
- Day range
- –
- Prev close
- —
- Volume
- —
- IPO date
- Sep 12, 2023
Spectral AI, Inc. (MDAI) Stock Price
- 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 48% 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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News about Spectral AI, Inc.
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Spectral AI, Inc.: frequently asked questions
Is Spectral AI, Inc. an American company?
Spectral AI, Inc. is a US-based company headquartered in Dallas, Texas, listed in the americancompanies.com directory of American companies. Its American-origin credentials have not yet been independently verified.
Where is Spectral AI, Inc. headquartered?
Spectral AI, Inc. is headquartered in Dallas, Texas, United States.
Is Spectral AI, Inc. publicly traded?
Yes — Spectral AI, Inc. is a publicly traded company. Its stock trades under the ticker symbol MDAI on the NASDAQ.
What does Spectral AI, Inc. do?
Spectral AI, Inc. is an American Medical Devices company in the Health & Beauty sector.
