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  • News bot Aug. 12, 2026, 8:14 p.m.

    📋 SPECTRAL AI, INC. (MDAIW) - Financial Results

    Filing Date: 2026-08-12

    Accepted: 2026-08-12 16:03:02

    Event Type: Financial Results

    Event Details:

    SPECTRAL AI, INC. (MDAIW) Reports the reporting period Financial Results SPECTRAL AI, INC. (MDAIW) announced its financial results for the period ending the reporting period. Key Financial Highlights:
    • Revenue: (133
    • Net Income: $13,980
    • EPS: Not disclosed
    • Cash and equivalents: 13980
      • 7 million of advanced funding from the Biomedical Advanced Research and Development Authority (“BARDA”) to accelerate and support additional development and procurement for the DeepView System. ●Following the receipt of FDA clearance for the DeepView System, drew $
      • 5 million under our existing credit facility with Avenue Capital Group, providing non
      • dilutive capital to further strengthen the Company’s balance sheet. ●Expanded leadership team in advance of commercial activities, including the appointments of David McGuire as Chief Financial Officer and Darcy Bajko as Chief Commercial Officer. ●Completed all remaining milestones under our Department of Defense contract for the DeepView System handheld device, contracted through the Medical Technology Enterprise Consortium (“MTEC”), including the delivery of a fully functioning prototype device. ●Commenced label expansion of the DeepView System to include heads, hands and feet through an extended study based in the United Kingdom. Anticipated Operational and Commercial Milestones ●Generate first
        • anticipated by year end 2026

    📊 Key Financial Metrics (Year-over-Year Comparison):

    Metric 2026 2025 Change ($) Change (%)
    Noncurrent Assets Property Equipment Net 198.00 258.00 $-60.00 -23.26%
    Noncurrent Assets Other Assets 337.00 287.00 $50.00 +17.42%
    Current Liabilities Accounts Payable 1.73K 3.01K $-1.28K -42.69%
    Other Income Expense Interest Expense 397.00 815.00 $-418.00 -51.29%
    Change In Fair Value Of Notes Payable Total Other Income Expense 5.86K 1.13K $4.73K +417.56%
    Change In Fair Value Of Notes Payable Net Loss 7.97K 7.59K $380.00 +5.01%
    Cash Flows From Operating Activities Net Loss 7.59K 5.07K $2.52K +49.64%
    Changes In Operating Assets And Liabilities Other Assets 239.00 132.00 $107.00 +81.06%
    Changes In Operating Assets And Liabilities Accounts Payable 1.28K 2.05K $-764.00 -37.29%
    Net Loss 7.97K 7.59K $380.00 +5.01%
    Adjust Interest Expense 397.00 815.00 $-418.00 -51.29%
    Property and Equipment, Net 258.00 258.00 $0.00 +0.00%
    Other Assets 287.00 287.00 $0.00 +0.00%
    Accounts Payable 3.01K 3.01K $0.00 +0.00%
    Revenue 154.00 154.00 $0.00 +0.00%
    Interest Expense 397.00 815.00 $-418.00 -51.29%
    Total Other Income/(Expense) 5.86K 1.13K $4.73K +417.56%

    💼 Business Developments:

    • Partnership: Not available
    • Acquisition: Not available
    • Licensing: Not available
    • Regulatory Approval
    • Executive Changes: Not available

    Structured Data:

    • Company Name: SPECTRAL AI, INC.
    • Ticker Symbol: MDAIW

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