Spectral AI, Inc. (MDAI) Financials

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Last update: 07:00 PM EST
Day's range
$1.34
Day's range
$1.41

MDAI Income statement / Annual

Last year (2025), Spectral AI Inc's total revenue was $19.65 M, a decrease of 33.57% from the previous year. In 2025, Spectral AI Inc's net income was -$7.57 M. See Spectral AI Inc,s key income statements, including revenue, expenses, profit, and income.

Period FY-2025 FY-2024 FY-2023 FY-2022 FY-2021
Period Ended 12/31/2025 12/31/2024 12/31/2023 12/31/2022 12/31/2021
Operating Revenue $19.65 M $29.58 M $18.06 M $25.37 M $15.24 M
Cost of Revenue $10.73 M $16.31 M $10.18 M $14.53 M $8.19 M
Gross Profit $8.93 M $13.27 M $7.88 M $10.84 M $7.05 M
Gross Profit Ratio 0.45 0.45 0.44 0.43 0.46
Research and Development Expenses $19.65 M $29.58 M $0.00 $0.00 $0.00
General & Administrative Expenses $17.53 M $19.86 M $20.86 M $13.48 M $11.23 M
Selling & Marketing Expenses $0.00 $0.00 $0.00 $0.00 $0.00
Selling, General & Administrative Expenses $17.53 M $19.86 M $20.86 M $13.48 M $11.23 M
Other Expenses -$19.65 M -$29.58 M $0.00 $0.00 $0.00
Operating Expenses $17.53 M $19.86 M $20.86 M $13.48 M $11.23 M
Cost And Expenses $28.25 M $36.16 M $31.04 M $28.02 M $19.42 M
Interest Income -$886.00 K $14.00 K $172.00 K $21.00 K $0.00
Interest Expense $1.51 M $2.97 M $0.00 $0.00 $0.00
Depreciation & Amortization $635.00 K $588.00 K $722.00 K $568.00 K $1.00 K
EBITDA -$5.42 M -$11.49 M -$20.12 M -$2.24 M -$4.09 M
EBITDA Ratio -0.28 -0.39 -1.11 -0.09 -0.27
Operating Income Ratio -0.44 -0.22 -0.72 -0.1 -0.27
Total Other Income/Expenses Net $1.04 M -$8.46 M -$7.86 M -$159.00 K $93.00 K
Income Before Tax -$7.56 M -$15.04 M -$20.84 M -$2.81 M -$4.09 M
Income Before Tax Ratio -0.38 -0.51 -1.15 -0.11 -0.27
Income Tax Expense $11.00 K $271.00 K $11.00 K $106.00 K -$98.00 K
Net Income -$7.57 M -$15.32 M -$20.85 M -$2.91 M -$3.99 M
Net Income Ratio -0.39 -0.52 -1.15 -0.11 -0.26
EPS -0.29 -0.85 -1.48 -0.16 -0.33
EPS Diluted -0.29 -0.85 -1.48 -0.16 -0.33
Weighted Average Shares Out $26.52 M $17.93 M $14.09 M $17.88 M $17.88 M
Weighted Average Shares Out Diluted $26.52 M $17.93 M $14.09 M $17.88 M $17.88 M
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