Marpai, Inc. (MRAI)

Marpai Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	0.73	0.76	1.15	13.76	19.18	1.75
Cash & Short-Term Investments	0.73	0.76	1.15	13.76	19.18	1.75
Cash Growth	-14.34%	-33.39%	-91.67%	-28.25%	993.32%	836.57%
Accounts Receivable	0.74	1.41	1.89	1.79	0.22	-
Other Receivables	-	-	-	0.03	0.09	0.1
Receivables	0.74	1.41	1.89	1.82	0.32	0.1
Prepaid Expenses	0.62	0.76	0.9	1.6	0.74	0.26
Restricted Cash	10.78	8.47	12.35	9.35	6.75	0.06
Other Current Assets	-	0.5	0.8	-	-	-
Total Current Assets	12.87	11.9	17.09	26.54	26.99	2.18
Property, Plant & Equipment	0.28	0.3	2.98	5.35	2.93	0.53
Goodwill	-	-	3.02	5.84	2.38	-
Other Intangible Assets	0.33	0.44	7.3	10.91	11.81	3.82
Other Long-Term Assets	0.24	0.24	1.29	1.31	0.08	-
Total Assets	13.72	12.88	31.68	49.95	44.2	6.53
Accounts Payable	2.74	3.11	4.65	1.46	1.13	0.16
Accrued Expenses	1.8	2.34	2.65	5.03	2.11	0.28
Current Portion of Long-Term Debt	5.87	6.11	0.63	-	-	1.87
Current Portion of Leases	0.25	0.24	0.51	1.31	0.78	0.1
Current Unearned Revenue	0.81	0.63	0.66	0.29	1.17	-
Other Current Liabilities	8.33	6.56	11.74	9.27	5.96	0.24
Total Current Liabilities	19.79	18.98	20.84	17.36	11.15	2.65
Long-Term Debt	23.4	25.62	-	-	-	7.1
Long-Term Leases	0.73	0.79	3.68	4.77	1.3	0.28
Long-Term Deferred Tax Liabilities	-	-	1.19	1.48	2	-
Other Long-Term Liabilities	-	-4.81	19.4	20.2	0.05	-
Total Liabilities	43.92	40.59	45.12	43.82	14.49	10.03
Common Stock	0	0	0	0	0	0
Additional Paid-In Capital	71.7	71.12	63.31	54.13	51.23	2.04
Retained Earnings	-101.9	-98.83	-76.75	-47.99	-21.53	-5.54
Shareholders' Equity	-30.2	-27.71	-13.44	6.13	29.71	-3.5
Total Liabilities & Equity	13.72	12.88	31.68	49.95	44.2	6.53
Total Debt	30.25	32.77	4.83	6.08	2.09	9.34
Net Cash (Debt)	-29.52	-32.01	-3.68	7.68	17.1	-7.59
Net Cash Growth	-	-	-	-55.07%	-	-
Net Cash Per Share	-2.30	-2.78	-0.53	1.52	6.79	-12.50
Filing Date Shares Outstanding	14.9	14.9	10.3	5.35	5.07	0.04
Total Common Shares Outstanding	14.9	14.24	7.96	5.32	5.07	0.04
Working Capital	-6.93	-7.09	-3.76	9.18	15.85	-0.47
Book Value Per Share	-2.03	-1.95	-1.69	1.15	5.85	-98.24
Tangible Book Value	-30.54	-28.15	-23.76	-10.61	15.51	-7.32
Tangible Book Value Per Share	-2.05	-1.98	-2.98	-2.00	3.06	-205.54
Machinery	-	-	0.76	1.41	0.56	0.1
Leasehold Improvements	-	-	-	0.75	0.62	0.19

Source: S&P Global Market Intelligence. Standard template. Financial Sources.