Spectral AI, Inc. (MDAI)

Spectral AI Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	10.5	5.16	4.79	14.17	0.77
Cash & Short-Term Investments	10.5	5.16	4.79	14.17	0.77
Cash Growth	183.50%	7.66%	-66.21%	1742.14%	-
Accounts Receivable	0.99	2.51	2.35	0.62	-
Inventory	0.45	0.43	0.23	-	-
Other Current Assets	1.52	2.04	2.54	0.6	0.31
Total Current Assets	13.46	10.12	9.9	17.69	1.08
Net Property, Plant & Equipment	1.84	1.97	0.79	1.03	-
Long-Term Investments	-	-	-	-	253.03
Total Assets	15.3	12.1	10.69	18.72	254.11
Accounts Payable	2.54	4.04	2.68	2.76	-
Accrued Expenses	2.48	3.21	4.3	2.63	2.92
Short-Term Debt	1.21	2.79	0.44	0.18	-
Current Portion of Leases	0.71	0.2	0.85	0.68	-
Unearned Revenue	0.24	0.96	2.31	-	-
Other Current Liabilities	8.59	6.45	1.82	0.13	0.02
Total Current Liabilities	15.77	17.64	12.4	6.37	2.94
Long-Term Debt	6.58	-	-	-	-
Long-Term Leases	1.16	1.7	-	0.35	-
Other Long-Term Liabilities	-	-	-	-	19
Total Long-Term Liabilities	7.74	1.7	-	0.35	19
Total Liabilities	23.5	19.35	12.4	6.72	21.93
Common Stock	0	0	0	0	0
Additional Paid-in Capital	48.61	40.97	31.07	23.93	-
Accumulated Other Comprehensive Income	0.04	0	0.01	-	-
Retained Earnings	-56.85	-48.23	-32.79	-11.93	-20.83
Total Common Shareholders' Equity	-8.2	-7.25	-1.71	12	-20.82
Minority Interest	-	-	-	-	253
Shareholders' Equity	-8.2	-7.25	-1.71	12	232.18
Total Liabilities & Equity	15.3	12.1	10.69	18.72	254.11
Total Debt	9.67	4.69	1.29	1.2	0
Net Cash (Debt)	0.83	0.47	3.5	12.97	0.77
Net Cash Growth	77.73%	-86.66%	-73.01%	1586.05%	-
Net Cash Per Share	0.04	0.03	0.25	0.99	0.01
Book Value	-8.2	-7.25	-1.71	12	-20.82
Book Value Per Share	-0.35	-0.40	-0.12	0.91	-0.21
Tangible Book Value	-8.2	-7.25	-1.71	12	-20.82
Tangible Book Value Per Share	-0.35	-0.40	-0.12	0.91	-0.21

Updated Sep 30, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q