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Spectral AI (MDAI)

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2.430
+0.300+14.08%

Close May 15 16:00 ET

2.400
-0.030-1.23%

Post 20:01 ET

77.33MMarket Cap-4.76P/E (TTM)

Earnings

Revenue Breakdown

Financial Indicators

Income Statement

Balance Sheet

Cash Flow

Spectral AI (MDAI) Balance Sheet

Quarterly+Annual

YOY

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(Q1)Mar 31, 2026

(FY)Dec 31, 2025

(Q4)Dec 31, 2025

(Q3)Sep 30, 2025

(Q2)Jun 30, 2025

(Q1)Mar 31, 2025

(FY)Dec 31, 2024

(Q4)Dec 31, 2024

(Q3)Sep 30, 2024

(Q2)Jun 30, 2024

Assets

Current assets

Cash, cash equivalents and short term investments

-17.11%11.66M

198.51%15.39M

183.50%10.5M

53.03%10.52M

38.44%14.06M

7.66%5.16M

-49.62%3.7M

-15.78%6.88M

-Cash and cash equivalents

-17.11%11.66M

198.51%15.39M

183.50%10.5M

53.03%10.52M

38.44%14.06M

7.66%5.16M

-49.62%3.7M

-15.78%6.88M

Receivables

-43.65%1.19M

-49.42%1.27M

-65.07%990K

-36.08%1.47M

15.04%2.1M

6.78%2.51M

96.94%2.83M

42.46%2.3M

-Accounts receivable

-43.65%1.19M

-49.42%1.27M

-65.07%990K

-36.08%1.47M

15.04%2.1M

6.78%2.51M

116.01%2.83M

50.99%2.3M

Inventory

90.16%831K

97.18%838K

2.48%454K

73.03%462K

91.67%437K

84.78%425K

101.36%443K

--267K

Prepaid assets

-42.66%738K

-36.31%821K

-53.12%706K

-25.22%934K

-18.60%1.29M

-11.23%1.29M

-14.19%1.51M

265.20%1.25M

Current deferred assets

----

--0

Other current assets

87.74%1.58M

51.88%1.13M

-19.09%818K

-36.90%614K

-22.94%840K

-6.87%746K

70.20%1.01M

62.71%973K

Total current assets

-14.64%15.99M

92.19%19.45M

41.78%13.46M

20.07%14M

25.83%18.73M

2.22%10.12M

-16.38%9.5M

-1.52%11.66M

Non current assets

Net PPE

-25.38%1.49M

-15.61%1.67M

-12.77%1.84M

-10.20%2.01M

232.89%1.99M

149.75%1.97M

116.00%2.11M

93.26%2.24M

-Gross PPE

-25.38%1.49M

-15.61%1.67M

-12.77%1.84M

-10.20%2.01M

232.89%1.99M

149.75%1.97M

116.00%2.11M

93.26%2.24M

Other non current assets

--260K

--287K

----

Total non current assets

-12.34%1.75M

-1.06%1.95M

-12.77%1.84M

-10.20%2.01M

232.89%1.99M

149.75%1.97M

116.00%2.11M

93.26%2.24M

Total assets

-14.42%17.73M

76.97%21.41M

31.87%15.3M

15.20%16.01M

33.84%20.72M

13.12%12.1M

-5.91%11.6M

6.92%13.9M

Liabilities

Current liabilities

Payables

-56.04%1.48M

-26.40%3.11M

-10.92%2.68M

-14.50%2.13M

0.81%3.37M

51.36%4.22M

-12.26%3.01M

-6.29%2.49M

-accounts payable

-54.32%1.42M

-25.40%3.01M

-9.26%2.54M

-17.35%1.99M

-5.84%3.11M

50.39%4.04M

-14.60%2.8M

-9.56%2.4M

-Total tax payable

-76.74%60K

-47.87%98K

-32.56%145K

64.37%143K

578.95%258K

75.70%188K

36.08%215K

--87K

Current accrued expenses

-28.62%2.19M

-27.12%1.9M

-24.63%1.9M

-6.49%1.96M

-4.76%3.06M

-24.82%2.61M

4.91%2.52M

-12.53%2.09M

Current debt and capital lease obligation

550.00%4.67M

20.08%3.59M

-62.84%1.93M

-91.81%674K

-88.80%718K

131.81%2.99M

258.89%5.19M

964.04%8.23M

-Current debt

1,503.28%3.91M

2.40%2.85M

-75.59%1.21M

-99.23%62K

-95.76%244K

539.22%2.79M

687.03%4.97M

--8M

-Current capital lease obligation

59.28%755K

265.17%734K

236.32%713K

173.21%612K

-28.18%474K

-76.44%201K

-73.92%212K

-71.02%224K

Current deferred liabilities

--0

-83.96%154K

-67.31%239K

-67.76%424K

-69.55%663K

-58.46%960K

-8.05%731K

158.35%1.32M

Other current liabilities

145.45%12.54M

78.75%11.53M

679.84%8.59M

627.93%10.56M

184.04%5.11M

254.90%6.45M

-4.18%1.1M

647.42%1.45M

Current liabilities

59.80%21.27M

16.90%20.63M

20.64%15.77M

0.37%16.19M

-23.98%13.31M

42.28%17.64M

22.74%13.07M

147.07%16.13M

Non current liabilities

Long term debt and capital lease obligation

-41.67%5.27M

282.26%6.51M

169.62%7.74M

340.77%8.97M

--9.04M

--1.7M

1,158.77%2.87M

350.44%2.04M

-Long term debt

-40.07%4.5M

--5.54M

558.10%6.58M

--7.63M

--7.51M

----

--1M

----

-Long term capital lease obligation

-49.54%769K

-43.13%968K

-38.13%1.16M

-34.09%1.34M

--1.52M

--1.7M

720.18%1.87M

350.44%2.04M

Total non current liabilities

-41.67%5.27M

282.26%6.51M

169.62%7.74M

340.77%8.97M

--9.04M

--1.7M

1,158.77%2.87M

350.44%2.04M

Total liabilities

18.78%26.54M

40.25%27.13M

47.47%23.5M

38.53%25.16M

27.62%22.35M

56.00%19.35M

46.56%15.94M

160.24%18.16M

Shareholders'equity

Share capital

50.00%3K

0.00%2K

-98.53%2K

-common stock

50.00%3K

0.00%2K

-98.53%2K

-Preferred stock

--0

Retained earnings

-30.62%-59.21M

-15.70%-55.8M

-40.86%-56.85M

-37.17%-53.3M

-25.95%-45.33M

-47.09%-48.23M

-38.02%-40.36M

-108.76%-38.86M

Paid-in capital

15.30%50.37M

22.10%50.03M

35.03%48.61M

27.52%44.1M

28.66%43.68M

31.89%40.97M

17.27%36M

41.17%34.58M

Gains losses not affecting retained earnings

50.00%30K

1,233.33%40K

56.00%39K

420.00%52K

100.00%20K

-75.00%3K

--25K

--10K

Total stockholders'equity

-441.82%-8.81M

21.02%-5.73M

-89.18%-8.2M

-114.56%-9.15M

19.82%-1.63M

-324.28%-7.25M

-397.80%-4.34M

-170.86%-4.27M

Total equity

-441.82%-8.81M

21.02%-5.73M

-89.18%-8.2M

-114.56%-9.15M

19.82%-1.63M

-324.28%-7.25M

-397.80%-4.34M

-170.86%-4.27M

Currency Unit

USD

Accounting Standards

US-GAAP

Audit Opinions

Unqualified Opinion

	(Q1)Mar 31, 2026	(FY)Dec 31, 2025	(Q4)Dec 31, 2025	(Q3)Sep 30, 2025	(Q2)Jun 30, 2025	(Q1)Mar 31, 2025	(FY)Dec 31, 2024	(Q4)Dec 31, 2024	(Q3)Sep 30, 2024	(Q2)Jun 30, 2024
Assets
Current assets
Cash, cash equivalents and short term investments	-17.11%11.66M	198.51%15.39M	198.51%15.39M	183.50%10.5M	53.03%10.52M	38.44%14.06M	7.66%5.16M	7.66%5.16M	-49.62%3.7M	-15.78%6.88M
-Cash and cash equivalents	-17.11%11.66M	198.51%15.39M	198.51%15.39M	183.50%10.5M	53.03%10.52M	38.44%14.06M	7.66%5.16M	7.66%5.16M	-49.62%3.7M	-15.78%6.88M
Receivables	-43.65%1.19M	-49.42%1.27M	-49.42%1.27M	-65.07%990K	-36.08%1.47M	15.04%2.1M	6.78%2.51M	6.78%2.51M	96.94%2.83M	42.46%2.3M
-Accounts receivable	-43.65%1.19M	-49.42%1.27M	-49.42%1.27M	-65.07%990K	-36.08%1.47M	15.04%2.1M	6.78%2.51M	6.78%2.51M	116.01%2.83M	50.99%2.3M
Inventory	90.16%831K	97.18%838K	97.18%838K	2.48%454K	73.03%462K	91.67%437K	84.78%425K	84.78%425K	101.36%443K	--267K
Prepaid assets	-42.66%738K	-36.31%821K	-36.31%821K	-53.12%706K	-25.22%934K	-18.60%1.29M	-11.23%1.29M	-11.23%1.29M	-14.19%1.51M	265.20%1.25M
Current deferred assets	----	----	----	----	----	----	--0	--0	--0	--0
Other current assets	87.74%1.58M	51.88%1.13M	51.88%1.13M	-19.09%818K	-36.90%614K	-22.94%840K	-6.87%746K	-6.87%746K	70.20%1.01M	62.71%973K
Total current assets	-14.64%15.99M	92.19%19.45M	92.19%19.45M	41.78%13.46M	20.07%14M	25.83%18.73M	2.22%10.12M	2.22%10.12M	-16.38%9.5M	-1.52%11.66M
Non current assets
Net PPE	-25.38%1.49M	-15.61%1.67M	-15.61%1.67M	-12.77%1.84M	-10.20%2.01M	232.89%1.99M	149.75%1.97M	149.75%1.97M	116.00%2.11M	93.26%2.24M
-Gross PPE	-25.38%1.49M	-15.61%1.67M	-15.61%1.67M	-12.77%1.84M	-10.20%2.01M	232.89%1.99M	149.75%1.97M	149.75%1.97M	116.00%2.11M	93.26%2.24M
Other non current assets	--260K	--287K	--287K	----	----	----	----	----	----	----
Total non current assets	-12.34%1.75M	-1.06%1.95M	-1.06%1.95M	-12.77%1.84M	-10.20%2.01M	232.89%1.99M	149.75%1.97M	149.75%1.97M	116.00%2.11M	93.26%2.24M
Total assets	-14.42%17.73M	76.97%21.41M	76.97%21.41M	31.87%15.3M	15.20%16.01M	33.84%20.72M	13.12%12.1M	13.12%12.1M	-5.91%11.6M	6.92%13.9M
Liabilities
Current liabilities
Payables	-56.04%1.48M	-26.40%3.11M	-26.40%3.11M	-10.92%2.68M	-14.50%2.13M	0.81%3.37M	51.36%4.22M	51.36%4.22M	-12.26%3.01M	-6.29%2.49M
-accounts payable	-54.32%1.42M	-25.40%3.01M	-25.40%3.01M	-9.26%2.54M	-17.35%1.99M	-5.84%3.11M	50.39%4.04M	50.39%4.04M	-14.60%2.8M	-9.56%2.4M
-Total tax payable	-76.74%60K	-47.87%98K	-47.87%98K	-32.56%145K	64.37%143K	578.95%258K	75.70%188K	75.70%188K	36.08%215K	--87K
Current accrued expenses	-28.62%2.19M	-27.12%1.9M	-27.12%1.9M	-24.63%1.9M	-6.49%1.96M	-4.76%3.06M	-24.82%2.61M	-24.82%2.61M	4.91%2.52M	-12.53%2.09M
Current debt and capital lease obligation	550.00%4.67M	20.08%3.59M	20.08%3.59M	-62.84%1.93M	-91.81%674K	-88.80%718K	131.81%2.99M	131.81%2.99M	258.89%5.19M	964.04%8.23M
-Current debt	1,503.28%3.91M	2.40%2.85M	2.40%2.85M	-75.59%1.21M	-99.23%62K	-95.76%244K	539.22%2.79M	539.22%2.79M	687.03%4.97M	--8M
-Current capital lease obligation	59.28%755K	265.17%734K	265.17%734K	236.32%713K	173.21%612K	-28.18%474K	-76.44%201K	-76.44%201K	-73.92%212K	-71.02%224K
Current deferred liabilities	--0	-83.96%154K	-83.96%154K	-67.31%239K	-67.76%424K	-69.55%663K	-58.46%960K	-58.46%960K	-8.05%731K	158.35%1.32M
Other current liabilities	145.45%12.54M	78.75%11.53M	78.75%11.53M	679.84%8.59M	627.93%10.56M	184.04%5.11M	254.90%6.45M	254.90%6.45M	-4.18%1.1M	647.42%1.45M
Current liabilities	59.80%21.27M	16.90%20.63M	16.90%20.63M	20.64%15.77M	0.37%16.19M	-23.98%13.31M	42.28%17.64M	42.28%17.64M	22.74%13.07M	147.07%16.13M
Non current liabilities
Long term debt and capital lease obligation	-41.67%5.27M	282.26%6.51M	282.26%6.51M	169.62%7.74M	340.77%8.97M	--9.04M	--1.7M	--1.7M	1,158.77%2.87M	350.44%2.04M
-Long term debt	-40.07%4.5M	--5.54M	--5.54M	558.10%6.58M	--7.63M	--7.51M	----	----	--1M	----
-Long term capital lease obligation	-49.54%769K	-43.13%968K	-43.13%968K	-38.13%1.16M	-34.09%1.34M	--1.52M	--1.7M	--1.7M	720.18%1.87M	350.44%2.04M
Total non current liabilities	-41.67%5.27M	282.26%6.51M	282.26%6.51M	169.62%7.74M	340.77%8.97M	--9.04M	--1.7M	--1.7M	1,158.77%2.87M	350.44%2.04M
Total liabilities	18.78%26.54M	40.25%27.13M	40.25%27.13M	47.47%23.5M	38.53%25.16M	27.62%22.35M	56.00%19.35M	56.00%19.35M	46.56%15.94M	160.24%18.16M
Shareholders'equity
Share capital	50.00%3K	50.00%3K	50.00%3K	50.00%3K	0.00%2K	0.00%2K	0.00%2K	0.00%2K	0.00%2K	-98.53%2K
-common stock	50.00%3K	50.00%3K	50.00%3K	50.00%3K	0.00%2K	0.00%2K	0.00%2K	0.00%2K	0.00%2K	-98.53%2K
-Preferred stock	--0	--0	--0	--0	--0	--0	--0	--0	--0	--0
Retained earnings	-30.62%-59.21M	-15.70%-55.8M	-15.70%-55.8M	-40.86%-56.85M	-37.17%-53.3M	-25.95%-45.33M	-47.09%-48.23M	-47.09%-48.23M	-38.02%-40.36M	-108.76%-38.86M
Paid-in capital	15.30%50.37M	22.10%50.03M	22.10%50.03M	35.03%48.61M	27.52%44.1M	28.66%43.68M	31.89%40.97M	31.89%40.97M	17.27%36M	41.17%34.58M
Gains losses not affecting retained earnings	50.00%30K	1,233.33%40K	1,233.33%40K	56.00%39K	420.00%52K	100.00%20K	-75.00%3K	-75.00%3K	--25K	--10K
Total stockholders'equity	-441.82%-8.81M	21.02%-5.73M	21.02%-5.73M	-89.18%-8.2M	-114.56%-9.15M	19.82%-1.63M	-324.28%-7.25M	-324.28%-7.25M	-397.80%-4.34M	-170.86%-4.27M
Total equity	-441.82%-8.81M	21.02%-5.73M	21.02%-5.73M	-89.18%-8.2M	-114.56%-9.15M	19.82%-1.63M	-324.28%-7.25M	-324.28%-7.25M	-397.80%-4.34M	-170.86%-4.27M
Currency Unit	USD	USD	USD	USD	USD	USD	USD	USD	USD	USD
Accounting Standards	US-GAAP	US-GAAP	US-GAAP	US-GAAP	US-GAAP	US-GAAP	US-GAAP	US-GAAP	US-GAAP	US-GAAP
Audit Opinions	--	Unqualified Opinion	--	--	--	--	Unqualified Opinion	--	--	--

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