Spectral AI, Inc.
For the period ended Dec 31, 2024. Filed Mar 31, 2025.
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FY2024 · Filed Mar 31, 2025
MDAI$1.54+0.7%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
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 · Deficit | |||||||
| Balance at December 31, 2022, after effect of Business Combination | 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) | |
| Stock-based compensation | - | - | 1,032 | - | - | 1,032 | |
| Issuance of common stock under the SEPA | 1,744,694 | - | 3,154 | - | - | 3,154 | |
| Issuance of shares under convertible note - related party | 540,996 | - | 1,422 | - | - | 1,422 | |
| Sale of common stock | 3,603,298 | - | 3,997 | - | - | 3,997 | |
| Stock option exercises | 281,857 | - | 177 | - | - | 177 | |
| Vesting of restricted stock units | 129,097 | - | - | - | - | - | |
| Cumulative translation adjustment | - | - | - | (9) | - | (9) | |
| Net loss | - | - | - | - | (15,315) | (15,315) | |
| Balance at December 31, 2024 | 22,594,877 | 2 | 40,847 | 3 | (48,103) | (7,251) | |
The accompanying notes are an integral part of these consolidated financial statements** **
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