Spectral AI, Inc. (MDAI)

Spectral AI Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	27.26	18.06	25.37	15.24	17.3
Revenue Growth (YoY)	44.52%	-28.82%	66.47%	-11.92%	-
Cost of Revenue	14.9	10.18	14.53	8.19	9.31
Gross Profit	12.36	7.88	10.84	7.05	7.99
Selling, General & Admin	20.76	20.86	13.48	11.23	6.54
Operating Expenses	20.76	20.86	13.48	11.23	6.54
Operating Income	-8.4	-12.98	-2.65	-4.18	1.45
Interest Expense	-	-	-	-0.02	-0.04
Interest & Investment Income	0.04	0.17	0.02	-	-
Currency Exchange Gain (Loss)	-0.05	-0.02	-0.24	-0.19	-
Other Non Operating Income (Expenses)	5.73	0.34	0.06	0.3	0
EBT Excluding Unusual Items	-2.67	-12.5	-2.81	-4.09	1.41
Merger & Restructuring Charges	-8.34	-8.34	-	-	-
Pretax Income	-11.01	-20.84	-2.81	-4.09	1.41
Income Tax Expense	0.11	0.01	0.11	-0.1	0.17
Net Income	-11.12	-20.85	-2.91	-3.99	1.23
Preferred Dividends & Other Adjustments	-	-	-	1.26	-
Net Income to Common	-11.12	-20.85	-2.91	-5.25	1.23
Shares Outstanding (Basic)	17	14	13	100	58
Shares Outstanding (Diluted)	17	14	13	100	133
Shares Change (YoY)	27.63%	7.24%	-86.90%	-24.51%	-
EPS (Basic)	-0.65	-1.48	-0.22	-0.05	0.02
EPS (Diluted)	-0.65	-1.48	-0.22	-0.05	0.00
Free Cash Flow	-12.04	-13.24	-1.16	-2.93	3.82
Free Cash Flow Per Share	-0.71	-0.94	-0.09	-0.03	0.03
Gross Margin	45.34%	43.64%	42.72%	46.28%	46.16%
Operating Margin	-30.81%	-71.91%	-10.43%	-27.42%	8.37%
Profit Margin	-40.78%	-115.50%	-11.48%	-34.43%	7.14%
Free Cash Flow Margin	-44.17%	-73.33%	-4.58%	-19.19%	22.08%
EBITDA	-8.39	-12.98	-2.64	-4.18	-
EBITDA Margin	-30.78%	-71.86%	-10.39%	-27.42%	-
D&A For EBITDA	0.01	0.01	0.01	0	-
EBIT	-8.4	-12.98	-2.65	-4.18	1.45
EBIT Margin	-30.81%	-71.91%	-10.43%	-27.42%	8.37%
Effective Tax Rate	-	-	-	-	12.39%

Source: S&P Capital IQ. Standard template. Financial Sources.