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Balance Sheets Overview

Current Ratio
38.24%
Quick Ratio
38.24%
Cash Ratio
0.59%
Debt to Asset Ratio
510.81%
Unit: Thousand (K) dollars
Assets Breakdown
    • Restricted cash
    • Unbilled receivables
    • Accounts receivable, net of allo...
    • Others
Liabilities Breakdown
    • Accumulated deficit
    • Additional paid-in capital
    • Other long-term liabilities
    • Others
Balance Sheets
2026-06-30
2026-03-31
2025-12-31
2025-09-30
Cash and cash equivalents
138
201
133
445
Restricted cash
6,437
8,433
8,818
10,070
Accounts receivable, net of allowance for credit losses of 86 and 21 as of june 30, 2026, and december 31, 2025, respectively
1,017
738
697
377
Unbilled receivables
1,085
695
280
793
Prepaid expenses and other current assets
327
364
408
397
Total current assets
9,004
10,431
10,336
12,082
Capitalized software, net
-
-
60
120
Operating lease right-of-use assets
193
206
218
251
Security deposits
227
227
229
229
Other long-term assets
43
51
61
71
Total assets
9,467
10,915
10,904
12,753
Accounts payable
5,783
5,902
3,668
4,411
Accrued expenses
2,456
2,261
2,115
1,982
Accrued fiduciary obligations
7,270
8,375
8,521
9,327
Deferred revenue (including related party amounts of 317 and 0, respectively)
317
-
89
649
Current portion of operating lease liabilities
278
273
264
256
Current portion of convertible debentures, net
1,966
1,668
3,037
3,287
Other short-term liabilities
2,450
8,000
8,000
2,868
Due to related party
-
668
-
-
Vendor financing advance
2,000
-
-
-
Total current liabilities
23,546
27,147
25,694
22,780
Other long-term liabilities
18,306
11,900
11,450
16,168
Convertible debentures, net of current portion
6,122
6,656
5,795
6,553
Operating lease liabilities, net of current portion
384
457
528
598
Total liabilities
48,358
46,160
43,467
46,099
Common stock, 0.0001 par value, 227,791,050 shares authorized 26,667,334 and 24,035,610 shares issued and outstanding at june 30, 2026 and december 31, 2025, respectively
3
3
2
2
Additional paid-in capital
84,266
83,329
82,829
76,420
Accumulated deficit
-123,160
-118,577
-115,394
-109,768
Total stockholders deficit
-38,891
-35,245
-32,563
-33,346
Total liabilities and stockholders deficit
9,467
10,915
10,904
12,753
Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Restricted cash$6,437K (-15.98%↓ Y/Y)Unbilled receivables$1,085K (18.71%↑ Y/Y)Accounts receivable, netof allowance for...$1,017K (85.58%↑ Y/Y)Prepaid expenses andother current assets$327K (-44.58%↓ Y/Y)Cash and cashequivalents$138K (-77.71%↓ Y/Y)Total current assets$9,004K (-12.85%↓ Y/Y)Security deposits$227K (-0.87%↓ Y/Y)Operating leaseright-of-use assets$193K (-27.17%↓ Y/Y)Other long-termassets$43K (437.50%↑ Y/Y)Total assets$9,467K (-14.41%↓ Y/Y)Accumulated deficit-$123,160K (-15.89%↓ Y/Y)Total liabilities andstockholders deficit$9,467K (-14.41%↓ Y/Y)Total stockholdersdeficit-$38,891K (-20.16%↓ Y/Y)Additional paid-in capital$84,266K (14.02%↑ Y/Y)Common stock, 0.0001par value,...$3K (50.00%↑ Y/Y)Total liabilities$48,358K (11.35%↑ Y/Y)Total currentliabilities$23,546K (19.32%↑ Y/Y)Other long-termliabilities$18,306K (16.46%↑ Y/Y)Convertible debentures, netof current portion$6,122K (-16.26%↓ Y/Y)Operating leaseliabilities, net of current...$384K (-42.17%↓ Y/Y)Accrued fiduciaryobligations$7,270K (1.27%↑ Y/Y)Accounts payable$5,783K (61.18%↑ Y/Y)Accrued expenses$2,456K (18.70%↑ Y/Y)Other short-termliabilities$2,450K (-14.57%↓ Y/Y)Vendor financingadvance$2,000K Current portion ofconvertible debentures, net$1,966K (-35.27%↓ Y/Y)Deferred revenue(including related party...$317K (-57.34%↓ Y/Y)Current portion ofoperating lease...$278K (11.20%↑ Y/Y)

Marpai, Inc. (MRAI)

Marpai, Inc. (MRAI)