Stocktoria
Spectral AI, Inc. MDAI
Nasdaq · XNAS · stock · Surgical & Medical Instruments & Apparatus · website · IPO 2021-02-12
Chart by TradingView
3/9
Piotroski F — financial health
-11.78
Altman Z″ — distress risk · distress
—
Dividend payout · no dividend
Financials & ratios (annual, from 10-K)
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Financials | |||||
| Revenue | $19.6M | $29.6M | $18.1M | $25.4M | — |
| Gross profit | $8.9M | $13.3M | $7.9M | $10.8M | — |
| Operating income | -$8.6M | -$6.6M | -$13.0M | -$2.6M | -$3.4M |
| Net income | -$7.6M | -$15.2M | -$20.9M | -$2.9M | -$2.1M |
| Operating cash flow | -$9.9M | -$9.2M | -$13.2M | -$1.2M | -$825,593 |
| Total assets | $21.4M | $12.1M | $10.7M | $18.7M | $254.1M |
| Total liabilities | $27.1M | $19.3M | $12.4M | $6.7M | $21.9M |
| Shareholders' equity | -$5.7M | -$7.3M | -$2.1M | $12.0M | $13.8M |
| Ratios | |||||
| Gross margin | 45.4% | 44.9% | 43.6% | 42.7% | — |
| Operating margin | -43.8% | -22.3% | -71.9% | -10.4% | — |
| Net margin | -38.5% | -51.2% | -115.5% | -11.5% | — |
| Return on assets | -35.4% | -125.3% | -195.0% | -15.6% | -0.8% |
| Return on equity | 132.2% | 209.0% | 970.4% | -24.3% | -15.6% |
| Debt / equity | -0.97× | -0.38× | — | — | — |
| Current ratio | 0.94 | 0.57 | 0.80 | 2.77 | 0.37 |
| Revenue growth | -33.6% | 63.8% | -28.8% | — | — |
Why these scores methodology →
Piotroski F-score: 3/9
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″: -11.78 (distress)
- Working capital / assets -0.055
- Retained earnings / assets -2.607
- EBIT / assets -0.402
- Equity / liabilities -0.211
Sector peers
VFS · TM · HMC · SONY · AAPL · XOM · all Manufacturing →
Source: SEC EDGAR filings · CIK 0001833498 · as of 2025-12-31. Figures are facts from filings plus Stocktoria's own computed scores — not investment advice.