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Spectral AI, Inc. MDAI

Nasdaq · stock · Surgical & Medical Instruments & Apparatus · website · IPO 2021-02-12

Spectral AI, Inc. financials (annual)

Revenue
$25.4M $18.1M $29.6M $19.6M 20212022202320242025
Net income
-$2.1M -$2.9M -$20.9M -$15.2M -$7.6M 20212022202320242025
Free cash flow
20212022202320242025

Bars are annual figures from 2021 to 2025; red bars are negative (a loss or cash outflow).

MetricFY2025FY2024FY2023FY2022FY2021
Revenue$19.6M$29.6M$18.1M$25.4M
Gross profit$8.9M$13.3M$7.9M$10.8M
R&D expense$15.1M$16.5M
Operating income-$8.6M-$6.6M-$13.0M-$2.6M-$3.4M
Income tax$11,000$114,000$11,000$106,000$0
Net income-$7.6M-$15.2M-$20.9M-$2.9M-$2.1M
EPS (diluted)$-0.29$-0.85$-1.48$-0.22
Operating cash flow-$9.9M-$9.2M-$13.2M-$1.2M-$825,593
Cash & equivalents$15.4M$5.2M$4.8M$14.2M$769,432
Inventory$838,000$425,000$230,000
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

Growth · year-over-year · Revenue CAGR -8.2%

MetricFY2025FY2024FY2023FY2022FY2021
Revenue growth-33.6%+63.8%-28.8%

Each column is the change versus the prior fiscal year. Growth off a negative or zero base is shown as “—”. CAGR is the compound annual revenue growth across the years shown.

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.