Spectral AI Inc
For the period ended Dec 31, 2023. Filed Mar 29, 2024.
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FY2023 · Filed Mar 29, 2024
MDAI$1.53+2.7%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
(in thousands, except share and per share data)
| December 31, | December 31, | |
|---|---|---|
| 2023 | 2022 | |
| Assets | ||
| Current assets: | ||
| Cash | $4,790 | $14,174 |
| Accounts receivable, net | 2,346 | 2,294 |
| Inventory | 230 | - |
| Unbilled revenue | - | 618 |
| Deferred offering costs | 283 | - |
| Prepaid expenses | 1,452 | 331 |
| Other current assets | 801 | 270 |
| Total current assets | 9,902 | 17,687 |
| Non-current assets: | ||
| Property and equipment, net | 12 | 21 |
| Right-of-use assets | 778 | 1,008 |
| Total Assets | $10,692 | $18,716 |
| Commitments and contingencies (Note 8) | ||
| Liabilities and Stockholders’ Equity (Deficit) | ||
| Current liabilities: | ||
| Accounts payable | $2,683 | $2,759 |
| Accrued expenses | 4,300 | 2,631 |
| Deferred revenue | 2,311 | - |
| Lease liabilities, short-term | 853 | 680 |
| Notes payable | 436 | 175 |
| Warrant liabilities | 1,818 | 129 |
| Total current liabilities | 12,401 | 6,374 |
| Lease liabilities, long-term | - | 346 |
| Total Liabilities | 12,401 | 6,720 |
| Stockholders’ Equity (Deficit) | ||
| Preferred stock ($0.0001 par value); 1,000,000 shares authorized; no shares issued and outstanding as of December 31, 2023 and December 31, 2022 | - | - |
| Common stock ($0.0001 par value); 80,000,000 shares authorized; 16,294,935 and 13,170,148 shares issued and outstanding as of December 31, 2023 and December 31, 2022, respectively | 2 | 1 |
| Additional paid-in capital | 31,065 | 23,929 |
| Accumulated other comprehensive income | 12 | - |
| Accumulated deficit | (32,788) | (11,934) |
| Total Stockholders’ Equity (Deficit) | (1,709) | 11,996 |
| Total Liabilities and Stockholders’ Equity (Deficit) | $10,692 | $18,716 |
The accompanying notes are an integral part of these consolidated financial statements
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.