What is Spectral AI, Inc.'s conversion of stock shares issued1?

Spectral AI, Inc. (MDAI) reported conversion of stock shares issued1 of 541K in Q4 2024.

What does conversion of stock shares issued1 mean?

The total number of shares issued upon the conversion of convertible securities, such as preferred stock or convertible notes. This metric quantifies the impact of security conversions on the total share count and equity structure.

Spectral AI, Inc. MDAI Conversion Of Stock Shares Issued1

Conversion Of Stock Shares Issued1 at other companies

Spectral AI, Inc.MDAI

541K—

ReposiTrakTRAK

100K+42.9%

HarmonicHLIT

0-100%

CorMedixCRMD

$12.32M—

HitachiHIT

$452.88K—

Silvaco Group, Inc.SVCO

$0-100%

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+0.4%

Enterprise value$49.43M-8.3%

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 us-gaap:ConversionOfStockSharesIssued1.

The official record: Spectral AI, Inc.’s 10-K, filed March 25, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Spectral AI, Inc.'s conversion of stock shares issued1?: Spectral AI, Inc. (MDAI) reported conversion of stock shares issued1 of 541K in Q4 2024.
What does conversion of stock shares issued1 mean?: The total number of shares issued upon the conversion of convertible securities, such as preferred stock or convertible notes. This metric quantifies the impact of security conversions on the total share count and equity structure.