Spectral AI, Inc. Income Statement
MDAI|3 years of annual SEC 10-K data (FY2023-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 3 fiscal years. All figures from audited SEC 10-K filings.
Spectral AI, Inc. reported $30M in revenue and $15M in net loss for FY2025. Revenue has grown at a 8.0% compound annual rate over the past 2 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score 0.28 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Revenue | $29.6M | $18.1M | $25.4M |
| Cost of Revenue | $16.3M | $10.2M | $14.5M |
| Gross Profit | $13.3M | $7.9M | $10.8M |
| SG&A Expense | $19.9M | $20.9M | $13.5M |
| R&D Expense | - | - | $16.5M |
| Operating Income | -$6.6M | -$13.0M | -$2.6M |
| Interest Expense | $1.0M | - | - |
| Income Tax | $114.0K | $11.0K | $106.0K |
| Net Income | -$15.2M | -$20.9M | -$2.9M |
| EPS (Basic) | -$0.85 | -$1.48 | -$0.22 |
| EPS (Diluted) | -$0.85 | -$1.48 | -$0.22 |
| Shares Outstanding | 22.6M | 16.3M | 13.2M |
| Gross Margin | 44.9% | 43.6% | 42.7% |
| Operating Margin | -22.3% | -71.9% | -10.4% |
| Profit Margin | -51.2% | -115.5% | -11.5% |