See more : Hawkeye Systems, Inc. (HWKE) Income Statement Analysis – Financial Results
Complete financial analysis of Spectral AI, Inc. (MDAI) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Spectral AI, Inc., a leading company in the Medical – Devices industry within the Healthcare sector.
You may be interested
- IceCure Medical Ltd (ICCM) Income Statement Analysis – Financial Results
- Lushang Life Services Co., Ltd. (2376.HK) Income Statement Analysis – Financial Results
- Jaxsta Limited (JAXAF) Income Statement Analysis – Financial Results
- Aris Mining Corporation (TPRFF) Income Statement Analysis – Financial Results
- Africa Energy Corp. (HPMCF) Income Statement Analysis – Financial Results
Spectral AI, Inc. (MDAI)
About Spectral AI, Inc.
Spectral AI, Inc. operates as an artificial intelligence (AI) company. The company focuses on medical diagnostics for faster and accurate treatment decisions in wound care with applications involving patients with burns and diabetic foot ulcers. Its products include DeepView, a predictive diagnostic device that offers clinicians an objective and immediate assessment of a wound's healing potential prior to treatment or other medical intervention. The company is based in Dallas, Texas.
| Metric | 2023 | 2022 | 2021 |
|---|---|---|---|
| Revenue | 18.06M | 25.37M | 15.24M |
| Cost of Revenue | 10.18M | 14.53M | 8.19M |
| Gross Profit | 7.88M | 10.84M | 7.05M |
| Gross Profit Ratio | 43.64% | 42.72% | 46.28% |
| Research & Development | 0.00 | 0.00 | 0.00 |
| General & Administrative | 20.86M | 13.48M | 11.23M |
| Selling & Marketing | 0.00 | 0.00 | 0.00 |
| SG&A | 20.86M | 13.48M | 11.23M |
| Other Expenses | 0.00 | 49.00K | 0.00 |
| Operating Expenses | 20.86M | 13.48M | 11.23M |
| Cost & Expenses | 31.04M | 28.02M | 19.42M |
| Interest Income | 172.00K | 21.00K | 0.00 |
| Interest Expense | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 722.00K | 568.00K | 1.00K |
| EBITDA | -12.26M | -2.08M | -4.18M |
| EBITDA Ratio | -67.91% | -7.42% | -28.14% |
| Operating Income | -12.98M | -2.65M | -4.18M |
| Operating Income Ratio | -71.91% | -10.43% | -27.42% |
| Total Other Income/Expenses | -7.86M | -159.00K | 93.00K |
| Income Before Tax | -20.84M | -2.81M | -4.09M |
| Income Before Tax Ratio | -115.44% | -11.06% | -26.81% |
| Income Tax Expense | 11.00K | 106.00K | -98.00K |
| Net Income | -20.85M | -2.91M | -3.99M |
| Net Income Ratio | -115.50% | -11.48% | -26.17% |
| EPS | -1.48 | -0.16 | -0.22 |
| EPS Diluted | -1.48 | -0.16 | -0.22 |
| Weighted Avg Shares Out | 14.09M | 17.88M | 17.88M |
| Weighted Avg Shares Out (Dil) | 14.09M | 17.88M | 17.88M |
Spectral AI Announces Collaboration with Global Wound Care Company PolyNovo to Introduce DeepView System for Burn Indication to Australian Market
DALLAS, July 08, 2024 (GLOBE NEWSWIRE) -- Spectral AI, Inc. (Nasdaq: MDAI) (“Spectral AI” or the “Company”), an artificial intelligence (AI) company focused on medical diagnostics for faster and more accurate treatment decisions in wound care, today announced that it...
Spectral AI adds two clinical trial sites to pivotal burn study
Spectral AI Inc (NASDAQ:MDAI) announced that it has added two US clinical trial sites to its 2024 burn study, the University of California San Diego and the University of Utah. The medical diagnostics company said the addition of these new...
Spectral AI Expands Clinical Trial Sites for Pivotal U.S. Burn Study
DALLAS, July 03, 2024 (GLOBE NEWSWIRE) -- Spectral AI, Inc. (Nasdaq: MDAI) (“Spectral AI” or the “Company”), an artificial intelligence (AI) company focused on medical diagnostics for faster and more accurate treatment decisions in wound care, today announced that it...
Spectral AI achieves full pediatric enrollment in pivotal burn study
Spectral AI Inc (NASDAQ:MDAI), a company specializing in AI-driven medical diagnostics, has announced the completion of pediatric patient enrollment for its 2024 pivotal study. The study aims to validate the AI algorithm of its DeepView System for burn indications and...
Spectral AI Achieves 100% Pediatric Enrollment in Burn Centers for Pivotal U.S. Burn Study
DALLAS, July 02, 2024 (GLOBE NEWSWIRE) -- Spectral AI, Inc. (Nasdaq: MDAI) (“Spectral AI” or the “Company”), an artificial intelligence (AI) company focused on medical diagnostics for faster and more accurate treatment decisions in wound care, today announced that it...
Spectral AI joins Russell Microcap Index
Spectral AI Inc (NASDAQ:MDAI), the wound care diagnostics specialist, has been included in the Russell Microcap Index following the annual Russell Reconstitution, which took effect after the market close on June 28, 2024. The reconstituted Russell Microcap Index will commence...
Spectral AI Joins Russell Microcap® Index
DALLAS, July 01, 2024 (GLOBE NEWSWIRE) -- Spectral AI, Inc. (Nasdaq: MDAI) (“Spectral AI” or the “Company”), an artificial intelligence (AI) company focused on medical diagnostics for faster and more accurate treatment decisions in wound care, today announced its inclusion...
Spectral AI near full enrollment of pediatric patients in burn study
Spectral AI Inc (NASDAQ:MDAI) announced it surpassed 90% of its enrollment target for pediatric patients at burn centers for its late-stage study evaluating its AI-driven DeepView System. The company's DeepView System utilizes proprietary multispectral imaging to distinguish between healthy and...
Spectral AI Surpasses 90% of Pediatric Enrollment Target in Burn Centers for Pivotal U.S. Burn Study
DALLAS, June 27, 2024 (GLOBE NEWSWIRE) -- Spectral AI, Inc. (Nasdaq: MDAI) (“Spectral AI” or the “Company”), an artificial intelligence (AI) company focused on medical diagnostics for faster and more accurate treatment decisions in wound care, today announced that it...
Spectral AI supports naked short selling probe
Spectral AI Inc (NASDAQ:MDAI) told investors that it has provided support to Nasdaq and the state securities authorities in Florida, Louisiana and Texas to bring their attention to the potential market manipulation of the company's stock, primarily in the form...
Source: https://incomestatements.info
Category: Stock Reports