Spectral AI Inc
For the period ended Dec 31, 2023. Filed Mar 29, 2024.
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FY2023 · Filed Mar 29, 2024
MDAI$1.54+0.7%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Changes in Stockholders’ Equity (Deficit)
(In thousands, except share data)
| Additional · Accumulated Other · Total | |||||||
|---|---|---|---|---|---|---|---|
| Common Stock · Paid-in · Comprehensive · Accumulated · Stockholders’ | |||||||
| Shares · Amount · Capital · Income · Deficit · Equity | |||||||
| Balance at December 31, 2021 | 135,034,564 | $135 | $22,640 | $ | - | $(9,022) | $13,753 |
| Retroactive application of recapitalization | (121,937,160) | (134) | 134 | - | - | - | |
| Balance at December 31, 2021, after effect of Business Combination | 13,097,404 | 1 | 22,774 | - | (9,022) | 13,753 | |
| Stock-based compensation | 72,744 | - | 1,155 | - | - | 1,155 | |
| Net loss | - | - | - | - | (2,912) | (2,912) | |
| Balance at December 31, 2022 | 13,170,148 | $1 | $23,929 | $ | - | $(11,934) | $11,996 |
| Issuance of common stock upon Business Combination | 1,154,173 | 1 | (2,375) | - | - | (2,374) | |
| Issuance of common stock to settle accounts payable | 33,333 | - | 150 | - | - | 150 | |
| Issuance of shares for transaction costs | 966,667 | - | 4,350 | - | - | 4,350 | |
| Private placement equity issuance | 744,667 | - | 3,351 | - | - | 3,351 | |
| Financing equity issuance | 40,000 | - | 101 | - | - | 101 | |
| Stock-based compensation | 30,318 | - | 1,243 | - | - | 1,243 | |
| Stock option exercises | 155,629 | - | 316 | - | - | 316 | |
| Cumulative translation adjustment | - | - | - | 12 | - | 12 | |
| Net loss | - | - | - | - | (20,854) | (20,854) | |
| Balance at December 31, 2023 | 16,294,935 | $2 | $31,065 | $12 | $(32,788) | $(1,709) | |
The accompanying notes are an integral part of these consolidated financial statements** **
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