Spectral AI, Inc. (MDAI)
NASDAQ: MDAI · Real-Time Price · USD
1.650
-0.040 (-2.37%)
At close: Dec 5, 2025, 4:00 PM EST
1.733
+0.083 (5.02%)
After-hours: Dec 5, 2025, 7:35 PM EST
Spectral AI Balance Sheet
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
Period Ending | Sep '25 Sep 30, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 |
| Cash & Equivalents | 10.5 | 5.16 | 4.79 | 14.17 | 16.12 | 5.12 |
| Cash & Short-Term Investments | 10.5 | 5.16 | 4.79 | 14.17 | 16.12 | 5.12 |
| Cash Growth | 183.50% | 7.66% | -66.21% | -12.08% | 214.58% | - |
| Receivables | 0.99 | 2.51 | 2.35 | 2.91 | 1.51 | 2.69 |
| Inventory | 0.45 | 0.43 | 0.23 | - | - | - |
| Prepaid Expenses | 0.71 | 1.29 | 1.45 | 0.33 | 0.84 | 0.09 |
| Other Current Assets | 0.82 | 0.75 | 1.08 | 0.27 | - | - |
| Total Current Assets | 13.46 | 10.12 | 9.9 | 17.69 | 18.47 | 7.91 |
| Property, Plant & Equipment | 1.84 | 1.97 | 0.79 | 1.03 | 0.03 | - |
| Other Long-Term Assets | - | - | - | - | 0.04 | 0.03 |
| Total Assets | 15.3 | 12.1 | 10.69 | 18.72 | 18.54 | 7.94 |
| Accounts Payable | 2.54 | 4.04 | 2.68 | 2.76 | 1.41 | 3.8 |
| Accrued Expenses | 2.33 | 3.02 | 4.19 | 2.52 | 2.58 | 1.12 |
| Short-Term Debt | - | 2.79 | - | - | - | - |
| Current Portion of Long-Term Debt | 1.21 | - | 0.44 | 0.18 | 0.58 | - |
| Current Portion of Leases | 0.71 | 0.2 | 0.85 | 0.68 | - | - |
| Current Income Taxes Payable | 0.15 | 0.19 | 0.11 | 0.11 | - | - |
| Current Unearned Revenue | 0.24 | 0.96 | 2.31 | - | - | - |
| Other Current Liabilities | 8.59 | 6.45 | 1.82 | 0.13 | 0.21 | - |
| Total Current Liabilities | 15.77 | 17.64 | 12.4 | 6.37 | 4.79 | 4.92 |
| Long-Term Debt | 6.58 | - | - | - | - | 0.77 |
| Long-Term Leases | 1.16 | 1.7 | - | 0.35 | - | - |
| Total Liabilities | 23.5 | 19.35 | 12.4 | 6.72 | 4.79 | 5.69 |
| Common Stock | 0 | 0 | 0 | 0 | 0.14 | 0.06 |
| Additional Paid-In Capital | 48.61 | 40.85 | 31.07 | 23.93 | 22.64 | 6.1 |
| Retained Earnings | -56.85 | -48.1 | -32.79 | -11.93 | -9.02 | -5.02 |
| Comprehensive Income & Other | 0.04 | 0 | 0.01 | - | - | - |
| Total Common Equity | -8.2 | -7.25 | -1.71 | 12 | 13.75 | 1.14 |
| Shareholders' Equity | -8.2 | -7.25 | -1.71 | 12 | 13.75 | 2.25 |
| Total Liabilities & Equity | 15.3 | 12.1 | 10.69 | 18.72 | 18.54 | 7.94 |
| Total Debt | 9.67 | 4.69 | 1.29 | 1.2 | 0.58 | 0.77 |
| Net Cash (Debt) | 0.83 | 0.47 | 3.5 | 12.97 | 15.54 | 4.36 |
| Net Cash Growth | - | -86.66% | -73.01% | -16.51% | 256.70% | - |
| Net Cash Per Share | 0.03 | 0.03 | 0.25 | 0.99 | 0.15 | 0.03 |
| Filing Date Shares Outstanding | 30.69 | 25.32 | 17.47 | 135.41 | 135.03 | 61.34 |
| Total Common Shares Outstanding | 27.25 | 22.59 | 16.29 | 135.41 | 135.03 | 61.34 |
| Working Capital | -2.3 | -7.52 | -2.5 | 11.31 | 13.68 | 2.99 |
| Book Value Per Share | -0.30 | -0.32 | -0.10 | 0.09 | 0.10 | 0.02 |
| Tangible Book Value | -8.2 | -7.25 | -1.71 | 12 | 13.75 | 1.14 |
| Tangible Book Value Per Share | -0.30 | -0.32 | -0.10 | 0.09 | 0.10 | 0.02 |
Source: S&P Capital IQ. Standard template. Financial Sources.