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Spectral AI (MDAI)

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Earnings summaries and quarterly performance for Spectral AI.

Recent press releases and 8-K filings for MDAI.

Spectral AI Reports Q3 2025 Results, Updates Revenue Guidance, and Provides FDA Submission Progress
MDAI
Earnings
Guidance Update
Product Launch
  • Spectral AI reported Q3 2025 research and development revenue of $3.8 million and a net loss of $3.6 million, compared to $8.2 million revenue and a $1.5 million net loss in Q3 2024.
  • The company's cash balance was $10.5 million as of September 30, 2025, supplemented by an additional $7.6 million from a registered direct offering in October 2025.
  • Full-year 2025 revenue guidance was reduced to $18.5 million from $21.5 million, primarily due to reduced work on the BARDA contract and U.S. government shutdown impacts.
  • The FDA de novo application for the DeepView System is progressing, with clearance anticipated in the first half of 2026 and a planned U.S. launch next year.
  • The Spectral IP and SIM IP transaction is expected to close in Q1 2026.
Nov 11, 2025, 10:00 PM
Spectral AI Inc. Reports Q2 2025 Results and FDA Submission
MDAI
Earnings
Guidance Update
Product Launch
  • Spectral AI, Inc. reported Q2 2025 research and development revenue of $5.1 million and total first-half revenue of $11.8 million, with a cash position of $10.5 million.
  • The company completed the submission of its De Novo application to the FDA in June 2025 for its DeepView® System, an AI-powered diagnostic tool for wound care, with initial applications for burns.
  • Spectral AI reiterated its 2025 revenue guidance of approximately $21.5 million.
Aug 26, 2025, 12:54 PM