Spectral AI Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	15.39	5.16	4.79	14.17	0.77
Cash & Short-Term Investments	15.39	5.16	4.79	14.17	0.77
Cash Growth	198.51%	7.66%	-66.21%	1742.14%	-
Accounts Receivable	1.27	2.51	2.35	0.62	-
Inventory	0.84	0.43	0.23	-	-
Other Current Assets	1.95	2.04	2.54	0.6	0.31
Total Current Assets	19.45	10.12	9.9	17.69	1.08
Net Property, Plant & Equipment	1.67	1.97	0.79	1.03	-
Long-Term Investments	-	-	-	-	253.03
Other Long-Term Assets	0.29	-	-	-	-
Total Assets	21.41	12.1	10.69	18.72	254.11
Accounts Payable	3.01	4.04	2.68	2.76	-
Accrued Expenses	2.34	3.21	4.3	2.63	2.92
Short-Term Debt	2.85	2.79	0.44	0.18	-
Current Portion of Leases	0.73	0.2	0.85	0.68	-
Unearned Revenue	0.15	0.96	2.31	-	-
Other Current Liabilities	11.53	6.45	1.82	0.13	0.02
Total Current Liabilities	20.63	17.64	12.4	6.37	2.94
Long-Term Debt	5.54	-	-	-	-
Long-Term Leases	0.97	1.7	-	0.35	-
Other Long-Term Liabilities	-	-	-	-	19
Total Long-Term Liabilities	6.51	1.7	-	0.35	19
Total Liabilities	27.13	19.35	12.4	6.72	21.93
Common Stock	0	0	0	0	0
Additional Paid-in Capital	50.03	40.97	31.07	23.93	-
Accumulated Other Comprehensive Income	0.04	0	0.01	-	-
Retained Earnings	-55.8	-48.23	-32.79	-11.93	-20.83
Total Common Shareholders' Equity	-5.73	-7.25	-1.71	12	-20.82
Minority Interest	-	-	-	-	253
Shareholders' Equity	-5.73	-7.25	-1.71	12	232.18
Total Liabilities & Equity	21.41	12.1	10.69	18.72	254.11
Total Debt	10.09	4.69	1.29	1.2	0
Net Cash (Debt)	5.3	0.47	3.5	12.97	0.77
Net Cash Growth	1034.90%	-86.66%	-73.01%	1586.05%	-
Net Cash Per Share	0.20	0.03	0.25	0.99	0.01
Book Value	-5.73	-7.25	-1.71	12	-20.82
Book Value Per Share	-0.22	-0.40	-0.12	0.91	-0.21
Tangible Book Value	-5.73	-7.25	-1.71	12	-20.82
Tangible Book Value Per Share	-0.22	-0.40	-0.12	0.91	-0.21

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q