For the quarter ending 2026-03-31, MDAI made $3,991K in revenue. -$3,422K in net income. Net profit margin of -85.74%.
| Income Statement | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Research and development revenue | 3,991 | 4,086 | 3,792 | 5,065 |
| Cost of revenue | 1,964 | 2,240 | 2,171 | 2,775 |
| Gross profit | 2,027 | 1,846 | 1,621 | 2,290 |
| General and administrative | 3,998 | 4,089 | 4,962 | 4,413 |
| Total operating costs and expenses | 3,998 | 4,089 | 4,962 | 4,413 |
| Operating loss | -1,971 | -2,243 | -3,341 | -2,123 |
| Other income (expenses), including transactions costs | - | - | - | 0 |
| Net interest (expense) income | 258 | -14* | 300 | - |
| Change in fair value of notes payable | - | 110* | - | 0 |
| Financing related costs | 7 | 716* | - | - |
| Borrowing related costs | - | - | 164 | 124 |
| Amortization of debt discount | 179 | 114* | - | - |
| Net interest (expense) income | - | - | - | -277 |
| Change in fair value of warrant liability | 1,002 | -4,181 | -264 | 5,449 |
| Foreign exchange transaction loss, net | -5 | -3 | -9 | -14 |
| Total other income (expense), net | -1,451 | 3,252 | -209 | -5,864 |
| Income (gain) before income taxes | -3,422 | 1,009 | -3,550 | -7,987 |
| Income tax provision | -10 | -43 | 2 | -19 |
| Net income (gain) | -3,412 | 1,052 | -3,552 | -7,968 |
| Foreign currency translation adjustments | -10 | 1 | -13 | 32 |
| Total comprehensive income (gain) | -3,422 | 1,053 | -3,565 | -7,936 |
| Basic EPS | -0.11 | 0.034 | -0.13 | -0.31 |
| Diluted EPS | -0.11 | 0.035 | -0.13 | -0.31 |
| Basic Average Shares | 31,756,649 | 31,347,370 | 26,318,624 | 25,421,560 |
| Diluted Average Shares | 31,756,649 | 30,303,202 | 26,318,624 | 25,421,560 |
Spectral AI, Inc. (MDAI)
Spectral AI, Inc. (MDAI)