SPECTRAL AI, INC.
Income Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.5M | $4.0M | $4.1M | $3.8M | $5.1M | $6.7M | $7.6M | $8.2M |
| Cost of Revenue | $2.4M | $2.0M | $2.2M | $2.2M | $2.8M | $3.5M | $4.3M | $4.5M |
| Gross Profit | $1.1M | $2.0M | $1.8M | $1.6M | $2.3M | $3.2M | $3.3M | $3.7M |
| Gross Margin | 31.6% | 50.8% | 45.2% | 42.7% | 45.2% | 47.2% | 44.0% | 44.9% |
| Operating Expenses | ||||||||
| Research & Development | $1.7M | $2.0M | — | — | $1.5M | $3.6M | — | — |
| SG&A Expense | $3.1M | $4.0M | $5.9M | $5.0M | $2.6M | $4.1M | $4.5M | $4.6M |
| Operating Income | $-4.3M | $-2.0M | $-2.2M | $-3.3M | $-2.1M | $-896.0K | $-1.1M | $-886.0K |
| Operating Margin | -122.7% | -49.4% | -54.9% | -88.1% | -41.9% | -13.4% | -14.6% | -10.8% |
| Interest Expense | — | — | — | — | $120.0K | $1.0M | — | — |
| Pretax Income | $-4.0M | $-3.4M | $1.0M | $-3.6M | $-8.0M | $3.0M | $-7.6M | $-1.5M |
| Income Tax Expense | $170.0K | $-10.0K | $-43.0K | $2.0K | $-19.0K | $71.0K | $-14.0K | $37.0K |
| Net Income | $-4.2M | $-3.4M | $1.1M | $-3.6M | $-8.0M | $2.9M | $-7.6M | $-1.5M |
| Net Margin | -118.5% | -85.5% | 25.7% | -93.7% | -157.3% | 43.2% | -99.8% | -18.4% |
| EPS (Basic) | $-0.13 | $-0.11 | $0.02 | $-0.13 | $-0.31 | $0.13 | $-0.42 | $-0.08 |
| EPS (Diluted) | $-0.13 | $-0.11 | $0.04 | $-0.13 | $-0.31 | $0.11 | $-0.42 | $-0.08 |
| Shares Outstanding (Basic) | 32.1M | 31.8M | 26.5M | 26.3M | 25.4M | 23.0M | 17.9M | 17.9M |
| Shares Outstanding (Diluted) | 32.1M | 31.8M | 26.5M | 26.3M | 25.4M | 24.0M | 17.9M | 17.9M |
| Dividends Per Share | — | — | — | — | — | — | — | — |