Spectral AI, Inc. (MDAI)
NASDAQ: MDAI · Real-Time Price · USD
1.560
-0.005 (-0.32%)
At close: Sep 3, 2026, 4:00 PM EDT
1.550
-0.010 (-0.64%)
After-hours: Sep 3, 2026, 5:20 PM EDT
Spectral AI Balance Sheet
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Assets
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 | 13.98 | 15.39 | 5.16 | 4.79 | 14.17 | 16.12 |
Cash & Short-Term Investments | 13.98 | 15.39 | 5.16 | 4.79 | 14.17 | 16.12 |
Cash Growth | 32.84% | 198.51% | 7.66% | -66.21% | -12.08% | 214.58% |
Receivables | 2.26 | 1.27 | 2.51 | 2.35 | 2.91 | 1.51 |
Inventory | 0.82 | 0.84 | 0.43 | 0.23 | - | - |
Prepaid Expenses | 0.49 | 0.82 | 1.29 | 1.45 | 0.33 | 0.84 |
Other Current Assets | 0.25 | 1.13 | 0.75 | 1.08 | 0.27 | - |
Total Current Assets | 17.79 | 19.45 | 10.12 | 9.9 | 17.69 | 18.47 |
Property, Plant & Equipment | 1.31 | 1.67 | 1.97 | 0.79 | 1.03 | 0.03 |
Other Long-Term Assets | 0.34 | 0.29 | - | - | - | 0.04 |
Total Assets | 19.44 | 21.41 | 12.1 | 10.69 | 18.72 | 18.54 |
Liabilities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Accounts Payable | 1.73 | 3.01 | 4.04 | 2.68 | 2.76 | 1.41 |
Accrued Expenses | 1.62 | 2.24 | 3.02 | 4.19 | 2.52 | 2.58 |
Short-Term Debt | 0.11 | 0.43 | 2.79 | - | - | - |
Current Portion of Long-Term Debt | 3.75 | 2.43 | - | 0.44 | 0.18 | 0.58 |
Current Portion of Leases | 0.78 | 0.73 | 0.2 | 0.85 | 0.68 | - |
Current Income Taxes Payable | 0.09 | 0.1 | 0.19 | 0.11 | 0.11 | - |
Current Unearned Revenue | 0.02 | 0.15 | 0.96 | 2.31 | - | - |
Other Current Liabilities | 11.78 | 11.53 | 6.45 | 1.82 | 0.13 | 0.21 |
Total Current Liabilities | 19.87 | 20.63 | 17.64 | 12.4 | 6.37 | 4.79 |
Long-Term Debt | 11.06 | 5.54 | - | - | - | - |
Long-Term Leases | 0.57 | 0.97 | 1.7 | - | 0.35 | - |
Total Liabilities | 31.49 | 27.13 | 19.35 | 12.4 | 6.72 | 4.79 |
Shareholders' Equity
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Common Stock | 0 | 0 | 0 | 0 | 0 | 0.14 |
Additional Paid-In Capital | 51.3 | 50.03 | 40.97 | 31.07 | 23.93 | 22.64 |
Retained Earnings | -63.39 | -55.8 | -48.23 | -32.79 | -11.93 | -9.02 |
Comprehensive Income & Other | 0.03 | 0.04 | 0 | 0.01 | - | - |
Total Common Equity | -12.05 | -5.73 | -7.25 | -1.71 | 12 | 13.75 |
Shareholders' Equity | -12.05 | -5.73 | -7.25 | -1.71 | 12 | 13.75 |
Total Liabilities & Equity | 19.44 | 21.41 | 12.1 | 10.69 | 18.72 | 18.54 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Total Debt | 16.26 | 10.09 | 4.69 | 1.29 | 1.2 | 0.58 |
Net Cash (Debt) | -2.28 | 5.3 | 0.47 | 3.5 | 12.97 | 15.54 |
Net Cash Growth | - | 1034.90% | -86.66% | -73.01% | -16.51% | 256.70% |
Net Cash Per Share | -0.08 | 0.20 | 0.03 | 0.25 | 0.99 | 0.15 |
Filing Date Shares Outstanding | 32.18 | 31.82 | 25.32 | 17.47 | 135.41 | 135.03 |
Total Common Shares Outstanding | 32.18 | 30.69 | 22.59 | 16.29 | 135.41 | 135.03 |
Working Capital | -2.08 | -1.17 | -7.52 | -2.5 | 11.31 | 13.68 |
Book Value Per Share | -0.37 | -0.19 | -0.32 | -0.10 | 0.09 | 0.10 |
Tangible Book Value | -12.05 | -5.73 | -7.25 | -1.71 | 12 | 13.75 |
Tangible Book Value Per Share | -0.37 | -0.19 | -0.32 | -0.10 | 0.09 | 0.10 |