What are Spectral AI, Inc.'s total assets?

Spectral AI, Inc. (MDAI) holds $17.7M in total assets, down 14.4% year over year.

How much debt does Spectral AI, Inc. have?

Spectral AI, Inc. carries $6.0M in total debt against -$8.8M of shareholders' equity, a debt-to-equity ratio of 0.71.

How much cash does Spectral AI, Inc. have?

Spectral AI, Inc. holds $11.7M in cash and equivalents.

Can Spectral AI, Inc. cover its short-term obligations?

Its current ratio is 0.75 — current liabilities exceed current assets.

Where does Spectral AI, Inc.'s balance sheet data come from?

Every line is extracted from Spectral AI, Inc.'s SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

Spectral AI, Inc. MDAI Balance Sheet Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25
Cash and cash equivalents	$11.66M-17.1%	$15.39M+199%	$10.5M+183%	$10.52M+53.0%	$14.06M+206%
Accounts receivable, net	$1.19M-43.7%	$1.27M-49.4%	$990K-65.1%	$1.47M-36.1%	$2.1M+15.0%
Inventories	$831K+90.2%	$838K+97.2%	$454K+2.5%	$462K+73.0%	$437K+91.7%
Prepaid expenses and other current assets	$738K-42.7%	$821K-36.3%	$706K-53.1%	$934K-25.2%	$1.29M-18.6%
Total current assets	$15.99M-14.6%	$19.45M+92.2%	$13.46M+41.8%	$14M+20.1%	$18.73M+25.8%
Property and equipment, net	$228K+39.0%	$258K+12,800%	$287K+5,640%	$317K+4,429%	$164K+1,722%
Operating lease right-of-use assets	$1.26M-31.1%	$1.41M+1,655,294,018%	$1.55M+1,823,529,312%	$1.69M+1,989,411,665%	$1.83M+2,152,941,076%
Other non-current assets	$260K—	$287K—	——	——	——
Total assets	$17.73M-14.4%	$21.41M+77.0%	$15.3M+31.9%	$16.01M+15.2%	$20.72M+33.8%
Accounts payable	$1.42M-54.3%	$3.01M-25.4%	$2.54M-9.3%	$1.99M-17.4%	$3.11M-5.8%
Accrued expenses	$2.65M-28.6%	$2.34M-27.1%	$2.48M-23.9%	$2.55M-6.8%	$3.71M-2.8%
Accrued compensation	$2.02M-23.0%	$1.76M-19.8%	$1.76M-10.2%	$1.68M+16.5%	$2.62M+21.4%
Deferred revenue	——	$154K-84.0%	$239K-67.3%	$424K-67.8%	$663K-69.5%
Operating lease liabilities, current	$755K+59.3%	$734K+265%	$713K+236%	$612K+173%	$474K-28.2%
Total current liabilities	$21.27M+59.8%	$20.63M+16.9%	$15.77M+20.6%	$16.19M+0.4%	$13.31M-24.0%
Deferred tax liabilities	——	$295K-39.4%	——	——	——
Long-term debt	$4.5M-40.1%	$5.54M+98.7%	$6.58M+558%	$7.63M—	$7.51M—
Operating lease liabilities, non-current	$769K-49.5%	$968K-43.1%	$1.16M-38.1%	$1.34M-34.1%	$1.52M—
Total liabilities	$26.54M+18.8%	$27.13M+40.2%	$23.5M+47.5%	$25.16M+38.5%	$22.35M+27.6%
Common stock	80M0.0%	80M0.0%	80M0.0%	80M0.0%	80M0.0%
Additional paid-in capital	$50.37M+15.3%	$50.03M+22.1%	$48.61M+35.0%	$44.1M+27.5%	$43.68M+28.7%
Retained earnings	-$59.21M-30.6%	-$55.8M-15.7%	-$56.85M-40.9%	-$53.3M-37.2%	-$45.33M-25.9%
Accumulated other comprehensive income (loss)	$30K+50.0%	$40K+1,233%	$39K+56.0%	$52K+420%	$20K+100%
Total stockholders' equity	-$8.81M-442%	-$5.73M+21.0%	-$8.2M-71.8%	-$9.15M-94.5%	-$1.63M+34.1%
Total liabilities and stockholders' equity	$17.73M-14.4%	$21.41M+77.0%	$15.3M+31.9%	$16.01M+15.2%	$20.72M+33.8%
Other current assets	$1.58M+87.7%	$1.13M+51.9%	$818K-19.1%	$614K-36.9%	$840K-22.9%
Deferred Tax Assets and Other Non-Current Assets	$260K—	$12K—	——	——	——
Indefinite-Lived Research and Development Assets	——	$598K-31.3%	——	——	——
Net Investment in Lease	$1.26M-31.1%	$1.41M-28.6%	$1.55M-26.2%	$1.69M-24.1%	$1.83M+210%
Net Operating Loss Carryforwards	——	$25.9M+34.9%	——	——	——
Operating lease right-of-use assets	$1.26M-31.1%	$1.41M-28.6%	$1.55M-26.2%	$1.69M-24.1%	$1.83M+210%
Other non-current assets	$260K—	$287K—	——	——	——
Operating Lease Right-of-Use Assets in Other Assets	$1.26M-31.1%	$1.41M-28.6%	$1.55M-26.2%	$1.69M-24.1%	$1.83M+210%
Software and Technology Licenses, Net	$260K—	$287K—	——	——	——
Tax Credit Carryforward Valuation Allowance	——	$8.3M+34.5%	——	——	——
Other Commercial Liabilities	$2.65M-28.6%	$2.34M-27.1%	$2.48M-23.9%	$2.55M-6.8%	$3.71M-2.8%
Accrued Income Taxes, Current	$60K-76.7%	$60K-68.1%	$145K-32.6%	$143K+64.4%	$258K+579%
Accrued Liabilities, Current	$2.65M-28.6%	$2.34M-27.1%	$2.48M-23.9%	$2.55M-6.8%	$3.71M-2.8%
Derivative Liability, Current	$12.54M+145%	$11.53M+78.8%	$8.59M—	$10.56M—	$5.11M—
Notes Payable Current	$3.91M+1,503%	$2.85M+576%	$1.21M+103%	$62K—	$244K+11.9%
Derivative Liabilities - Fair Value	$12.54M+145%	$11.53M+78.8%	$8.59M—	$10.56M—	$5.11M—
Notes Payable	$3.91M+1,503%	$2.85M+576%	$1.21M+103%	$62K—	$244K+11.9%
Debt Maturity - 2027	——	$1.96M—	——	——	——
Deferred Tax Liabilities - Leasing Arrangements	——	——	——	——	——
Hybrid debt	——	——	——	——	$15M+4,900%
Other Debt Including Capitalized Leases	$4.5M-51.6%	$5.5M—	$6.6M—	$7.6M—	$9.3M—
Total debt	$6.03M-36.6%	$9.67M+37.1%	$8.45M+174%	$9.59M+3.5%	$9.51M+83.1%
Common Stock Par Value Per Share	$0.000.0%	$0.000.0%	$0.000.0%	$0.000.0%	$0.000.0%
Common Stock Shares Issued	31.8M+24.4%	30.7M+35.8%	27.3M+47.2%	25.7M+46.2%	25.6M+2,055%
Convertible Preferred Stock Authorized Shares	1M0.0%	1M0.0%	1M0.0%	1M0.0%	1M0.0%
Additional paid-in capital	——	$152M—	——	——	——
Common stock; $0.001 par value; 6,000 shares authorized; 3,755 and 3,751 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively	$3K+50.0%	$3K+50.0%	$3K+50.0%	$2K0.0%	$2K0.0%
Preferred Stock Par Value Per Share	$0.000.0%	$0.000.0%	$0.000.0%	$0.000.0%	$0.000.0%
Warrants and Rights Outstanding	——	77K—	——	——	2.1M—
Fair Value Measurement Disclosure	$7.81M+168%	$7.74M+18,773%	$8.59M+214,550%	$10.56M+65,869%	$2.91M+10,685%
Accrued Nonoperating Expenses	$96K+60.0%	$98K+63.3%	$60K—	$60K—	$60K—
Accrued Operating Expenses	$74K-80.8%	$81K-77.2%	$83K-83.5%	$222K-66.1%	$385K-63.7%
Aggregate Shares	——	——	——	——	2.1M—
Retentions held by customers	——	$1.6M—	——	——	——
Class Of Warrant Or Right Number Of Securities Called By Each Warrant Or Right	——	——	——	——	768.1K—
Class of Warrant or Right, Outstanding	——	$77.02K—	——	——	——
Common stock, par value (in dollars per share)	$00.0%	$00.0%	$00.0%	$00.0%	$00.0%
Common stock, shares authorized (in shares)	$80M0.0%	$80M0.0%	$80M0.0%	$80M0.0%	$80M0.0%
Common stock, shares issued (in shares)	$31.82M+24.4%	$30.69M+35.8%	$27.25M+47.2%	$25.74M+46.2%	$25.59M+46.4%
Common Stock, Shares, Outstanding	$31.82M+24.4%	$30.69M+35.8%	$27.25M+47.2%	$25.74M+46.2%	$25.59M+46.4%
Contract Additional Value	$63.4M-33.3%	——	$95.1M—	$95.1M—	$95.1M—
Contract Amount	$150M—	——	——	——	——
Contract Value	——	——	——	——	——
Contract with Customer, Asset, after Allowance for Credit Loss	$1.3M—	$849K—	$150K—	——	——
Less: net unamortized discount	——	$700K—	——	——	——
Deferred Tax Liabilities, Gross	——	$295K-39.4%	——	——	——
Deferred Tax Assets, Goodwill and Intangible Assets	——	$377K-7.4%	——	——	——
Deferred Tax Assets Lease Liabilities	——	$357K—	——	——	——
Deferred Tax Assets, Net of Valuation Allowance	——	$8.3M+34.5%	——	——	——
Deferred Tax Assets Nondeductible Interest	——	$186K—	——	——	——
Deferred Tax Assets, Operating Loss Carryforwards	——	$6.14M+36.0%	——	——	——
Deferred Tax Assets, Tax Deferred Expense, Compensation and Benefits, Share-Based Compensation Cost	——	$377K+11.9%	——	——	——
Compensation and benefits	——	$354K-13.9%	——	——	——
Deferred Tax Assets, Valuation Allowance	——	$8.3M+34.5%	——	——	——
Deferred Tax Liabilities Rightofuse Assets	——	$295K-28.4%	——	——	——
Average Strike Price (in dollars per share)	——	——	——	——	——
Government assistance, award amount	——	——	——	——	——
2028	——	$4.86M—	——	——	——
2029	——	$1.96M—	——	——	——
2027	——	$2.43M—	——	——	——
Longterm Debt Financing Agreement Initial Drawdown Value	——	——	——	——	$8.5M—
Operating Loss Carryforwards	——	$25.9M+34.9%	——	——	——
Original Issue Discount Percentage	——	——	——	——	——
Other (including finance leases)	$4.5M-51.6%	$5.5M—	$6.6M—	$7.6M—	$9.3M—
Other Notes Payable	$8.4M-11.6%	$8.4M+200%	$7.8M+56.0%	$7.7M-3.8%	$9.5M+63.8%
Percentage Of Reduction In Capitalized Research And Development Expenses	——	50%—	——	——	——
Preferred Stock, Par or Stated Value Per Share	$00.0%	$00.0%	$00.0%	$00.0%	$00.0%
Preferred Stock, Shares Authorized	$1M0.0%	$1M0.0%	$1M0.0%	$1M0.0%	$1M0.0%
Prepaid expenses	$738K-42.7%	$821K-36.3%	$706K-53.1%	$934K-25.2%	$1.29M-18.6%
Purchase Price Per Share	——	$1.90—	——	——	——
Warrants And Rights Outstanding	$7.6M—	$600K-90.7%	——	——	——

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Questions, answered.

What are Spectral AI, Inc.'s total assets?: Spectral AI, Inc. (MDAI) holds $17.7M in total assets, down 14.4% year over year.
How much debt does Spectral AI, Inc. have?: Spectral AI, Inc. carries $6.0M in total debt against -$8.8M of shareholders' equity, a debt-to-equity ratio of 0.71.
How much cash does Spectral AI, Inc. have?: Spectral AI, Inc. holds $11.7M in cash and equivalents.
Can Spectral AI, Inc. cover its short-term obligations?: Its current ratio is 0.75 — current liabilities exceed current assets.
Where does Spectral AI, Inc.'s balance sheet data come from?: Every line is extracted from Spectral AI, Inc.'s SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.