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AI brief of an SEC Form 8-K · Spectral AI, Inc. (MDAI)

Spectral AI posts investor deck; revenue fell to $19.7M in 2025 from $29.6M

Negative Impact 2 of 5 other Written later

Spectral AI posted an investor presentation on its website on September 14, 2026, furnished as Exhibit 99.1 to a Form 8-K. The deck highlights FDA De Novo classification granted May 21, 2026, and a $150 million BARDA contract, but its financial slide shows revenue falling from $29.6 million in 2024 to $19.7 million in 2025 and $7.5 million in the first half of 2026, with a stockholders' deficit of $12.1 million at June 30, 2026.

Key points

  • Presentation posted to the company website September 14, 2026; furnished as Exhibit 99.1.
  • Revenue: $29.6 million (FY2024), $19.7 million (FY2025), $7.5 million (H1 2026).
  • Operating loss: $(6.6) million (FY2024), $(8.6) million (FY2025), $(6.3) million (H1 2026).
  • At June 30, 2026: cash $14.0 million, notes payable $14.9 million, stockholders' deficit $(12.1) million.

The filing

CompanySpectral AI, Inc. (MDAI)
Form8-K, current report
Filed with the SECSep 15, 2026, 4:03 PM ET
Accession number0001213900-26-100119

Items reported: 7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 11:44 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 15, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.