Explore 3 Stock Ideas & Industry Insights Download Free Report

Spectral AI Inc.

Company price
1.48 USD 0.10 ( 7.25%)
Last update at 2026-11-06T18:01:00Z
VOLUME
120367
Market Cap
51.17M

Momentum Score

…

Spectral AI, Inc., an artificial intelligence (AI) company, focuses on predictive medical diagnostics in the United States. The company offers DeepView System, which uses proprietary AI algorithms to distinguish between fully damaged, partially damaged, and healthy human tissue characteristics invisible to the naked eye at the initial time point of wound presentation and delivers a binary prediction on the wounds capacity to heal by a specified time point in the future to assist the physician in making a more accurate, timely, and informed decision regarding the treatment of the patient's wounds. Its system also develops AI-Burn software and MSI imaging technology, which consists of proprietary multi-spectral optics and sensors that capture injured tissue images. Spectral AI, Inc. is headquartered in Dallas, Texas.

Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website

Day Price Range
1.40
Low
1.48
High
52 Week Price Range
1.18
Low
2.97
High

Momentum Score

…
Loading momentum score…

A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Public disclosures for Spectral AI Inc. (NASDAQ: MDAI) are limited; the company describes activities in artificial intelligence and spectral data analytics but provides few operational details. The firm's long-term growth drivers could include broader adoption of AI-based analytics, expanding use cases for spectral and sensor data across industries, and scalable software deployment models. These characteristics may make the company attractive to investors seeking exposure to AI-enabled data analytics in emerging application areas, provided execution and financial fundamentals improve.
Key investment risks include limited public information and transparency, early-stage or unproven commercial traction, thin trading liquidity, and execution and financing risk that could materially affect outlook.

Risk Score
High

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
1.38
Dividend Yield
-
Revenue TTM
15.39M
Revenue Per Share
0.51
Gross Profit TTM
6.61M
Debt / Equity
-1.76
ROE
-2308.32%
Net Debt
-5.30M
ROCE
-777.15%
Diluted EPS TTM
-0.32

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Income before tax -7.56M -15.04M -20.84M -2.81M -4.09M
Net income -7.57M -15.31M -20.85M -2.91M -3.99M
Selling general administrative 17.53M 19.86M 20.86M 13.48M 11.23M
Gross profit 8.93M 13.27M 7.88M 10.84M 7.05M
Reconciled depreciation 0.64M 0.59M 0.72M 0.57M 0.00M
Ebit -6.05M -12.08M -20.84M -2.45M -4.29M
Ebitda -5.42M -11.49M -20.12M -1.88M -4.29M
Depreciation and amortization 0.64M 0.59M 0.72M 0.57M 0.00M
Operating income -8.60M -6.58M -12.98M -2.65M -4.18M
Other operating expenses 28.25M 36.16M 31.04M 28.02M 19.42M
Interest expense 1.51M 2.96M 0.00M - -
Tax provision 0.01M 0.27M 0.01M 0.11M -0.10M
Interest income - 0.01M 0.17M - -
Net interest income -2.39M -2.95M 0.17M -0.01M -0.02M
Income tax expense 0.01M 0.27M 0.01M 0.11M -0.10M
Total revenue 19.65M 29.58M 18.06M 25.37M 15.24M
Total operating expenses 17.53M 19.86M 20.86M 13.48M 11.23M
Cost of revenue 10.72M 16.31M 10.18M 14.53M 8.19M
Total other income expense net 1.04M -8.46M -7.86M -0.15M 0.11M
Net income from continuing ops -7.57M -15.31M -20.85M -2.91M -3.99M
Net income applicable to common shares - - - -2.91M -5.25M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total assets 21.41M 12.10M 10.69M 18.72M 18.54M
Other current assets 1.95M 2.04M 0.80M 0.60M 0.84M
Total liab 27.13M 19.35M 12.40M 6.72M 4.79M
Total stockholder equity -5.73M -7.25M -1.71M 12.00M 13.75M
Other current liab 13.87M 9.47M 6.12M 2.76M 2.77M
Common stock 0.00M 0.00M 0.00M 0.14M 0.14M
Capital stock 0.00M 0.00M 0.00M 0.14M 0.14M
Retained earnings -55.80M -48.10M -32.79M -11.93M -9.02M
Other assets - - - - 0.04M
Cash 15.39M 5.16M 4.79M 14.17M 16.12M
Total current liabilities 20.63M 17.64M 12.40M 6.37M 4.79M
Current deferred revenue 0.15M 0.96M 2.31M 2.63M 0.02M
Net debt -5.30M -0.47M -3.50M -12.97M -15.54M
Short term debt 3.59M 2.99M 1.29M 0.85M 0.58M
Short long term debt 2.85M 2.79M 0.44M 0.17M 0.58M
Short long term debt total 10.09M 4.69M 1.29M 1.20M 0.58M
Other stockholder equity 50.03M 40.85M 31.07M 23.80M 22.64M
Property plant equipment - - - 1.03M 0.03M
Total current assets 19.45M 10.12M 9.90M 17.69M 18.47M
Net tangible assets - - - 12.00M 13.75M
Net receivables 1.27M 2.50M 2.35M 2.91M 1.51M
Long term debt 5.54M - - - -
Inventory 0.84M 0.42M 0.23M - -
Accounts payable 3.01M 4.04M 2.68M 2.76M 1.41M
Accumulated other comprehensive income 0.04M 0.00M 0.01M - -
Non currrent assets other 0.29M - - - 0.04M
Non current assets total 1.95M 1.97M 0.79M 1.03M 0.07M
Capital lease obligations 1.70M 1.90M 0.85M 1.03M 0.00M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Investments - - - 0.00M -0.01M
Change to liabilities - - - 0.80M -2.47M
Total cashflows from investing activities - - - - -0.01M
Net borrowings 6.76M 5.34M -0.48M -0.79M -0.70M
Total cash from financing activities 20.12M 9.57M 3.84M -0.79M 13.92M
Change to operating activities - - - 0.14M 1.22M
Net income -7.57M -15.31M -20.85M -2.91M -3.99M
Change in cash 10.24M 0.37M -9.38M -1.95M 11.00M
Begin period cash flow 5.16M 4.79M 14.17M 16.12M 5.12M
End period cash flow 15.39M 5.16M 4.79M 14.17M 16.12M
Total cash from operating activities -9.92M -9.20M -13.24M -1.16M -2.92M
Issuance of capital stock 10.64M 4.06M 3.35M 0.00M 14.62M
Depreciation 0.64M 0.59M 0.72M 0.57M 0.00M
Change to inventory -0.41M -0.20M -0.23M - -
Change to account receivables 1.24M -0.16M 0.57M -0.86M 1.26M
Other cashflows from financing activities - 0.18M 0.98M - 0.00M
Change to netincome - - - 1.10M 1.07M
Capital expenditures 0.00M 0.00M 0.00M 0.00M 0.01M
Change in working capital -2.03M -1.87M 1.63M 0.08M 0.00M
Stock based compensation 1.11M 1.03M 1.24M 1.16M 1.36M
Other non cash items -2.07M 6.37M 4.01M -0.06M -0.30M
Free cash flow -9.92M -9.20M -13.24M -1.16M -2.92M

Peer Comparison*

Sector: Healthcare Industry: Medical Devices

Stock Name
Change
(USD)
Price
(USD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
MDAI
Spectral AI Inc.
0.10
7.25%
1.48 - 52.36 3.32 26.08 3.51 -3.41
ABT
Abbott Laboratories
-2.71
2.39%
110.89 25.97 17.24 3.57 3.20 3.81 16.75
MDT
Medtronic PLC
-2.29
2.18%
102.55 26.60 15.87 3.35 2.08 3.90 14.12
SYK
Stryker Corporation
-9.53
2.84%
325.55 29.23 16.86 4.18 4.51 4.63 17.16
SEMHF
Siemens Healthineers AG
-2.15
4.12%
49.85 39.57 21.32 3.01 3.29 2.95 16.92

Profile*

Spectral AI Inc.

Spectral AI, Inc., an artificial intelligence (AI) company, focuses on predictive medical diagnostics in the United States. The company offers DeepView System, which uses proprietary AI algorithms to distinguish between fully damaged, partially damaged, and healthy human tissue characteristics invisible to the naked eye at the initial time point of wound presentation and delivers a binary prediction on the wounds capacity to heal by a specified time point in the future to assist the physician in making a more accurate, timely, and informed decision regarding the treatment of the patient's wounds. Its system also develops AI-Burn software and MSI imaging technology, which consists of proprietary multi-spectral optics and sensors that capture injured tissue images. Spectral AI, Inc. is headquartered in Dallas, Texas.

2515 McKinney Avenue, Dallas, TX, United States, 75201

972 499 4934

65

Name Title Year Born
Dr. Jeffrey Thatcher Ph.D. Chief Scientist 1984
Dr. Jeffrey E. Carter F.A.C.S., M.D. Chief Medical Consultant NA
Mr. Wensheng Fan Co-Founder, Chief Innovation Strategist & Senior Advisor to the CEO 1970
Mr. Vincent Stanley Capone CFO, General Counsel & Corporate Secretary 1967
Ms. Christine Marks Vice President of Marketing & Commercialization NA
Mr. Stan Micek Interim Chief Operating Officer NA
Prof. Paul Chadwick Executive Vice President of UK & EMEA NA
Mr. Jeremiah A. Sparks MBA Chief Commercialization Officer NA
Mr. David Bronson Financial Controller NA
Dr. John Michael DiMaio M.D. Founder & Chairman 1956

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

Support

Hi! How can we help you today?

Loading…