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Spectral AI, Inc. MDAI Contract With Customer Liability Reductions

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Other financials

Income statement

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Revenue$4.0M-40.5%
Gross profit$2.0M-36.0%
Operating income-$2.0M-120%
Net income-$3.4M-218%
EPS (diluted)-$0.11-200%

Balance sheet

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Cash & equivalents$11.7M-17.1%
Total debt$6.0M-36.6%
Total equity-$8.8M-442%
Total assets$17.7M-14.4%

Cash flow

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Operating cash flow-$3.7M-148%

Valuation

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Market cap$55.06M+3.9%
Enterprise value$49.43M-4.8%
P/S3.3×+1.3×

Profitability

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Gross margin46%+0.9pp
Operating margin-57.2%-104pp
Net margin-70%+176pp

Returns & leverage

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Return on equity-255.5%
Debt / equity0.7×+0.7×
Current ratio0.8×-0.7×

Where this comes from

Reported directly by Spectral AI, Inc. in its filing.

Tagged under the XBRL concept mdai:ContractWithCustomerLiabilityReductions.

The official record: Spectral AI, Inc.’s 10-Q, filed May 13, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Spectral AI, Inc.'s contract with customer liability reductions?
Spectral AI, Inc. (MDAI) reported contract with customer liability reductions of $5.26M in Q1 2026.
How has Spectral AI, Inc.'s contract with customer liability reductions changed year-over-year?
Spectral AI, Inc.'s contract with customer liability reductions increased by 111.6% year-over-year, from $2.49M to $5.26M.
What does contract with customer liability reductions mean?
Represents the amount of deferred revenue recognized as income during the period as performance obligations are satisfied. This metric indicates the pace at which the company is fulfilling its contractual commitments to customers.