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Spectral AI, Inc. MDAI Issuance Of Common Stock To Settle Accounts And Notes Payable

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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+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 mdai:IssuanceOfCommonStockToSettleAccountsAndNotesPayable.

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 issuance of common stock to settle accounts and notes payable?
Spectral AI, Inc. (MDAI) reported issuance of common stock to settle accounts and notes payable of $1.19M in Q1 2025.
What does issuance of common stock to settle accounts and notes payable mean?
Represents the non-cash settlement of corporate liabilities through the issuance of equity instruments. This metric highlights the company's strategy for managing working capital and debt obligations without utilizing cash reserves.