SPECTRAL AI, INC.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Revenue | $19.7M | $29.6M | $18.1M | $25.4M |
| Cost of Revenue | $10.7M | $16.3M | $10.2M | $14.5M |
| Gross Profit | $8.9M | $13.3M | $7.9M | $10.8M |
| Gross Margin | 45.4% | 44.9% | 43.6% | 42.7% |
| Operating Expenses | ||||
| Research & Development | — | — | $15.1M | $16.5M |
| SG&A Expense | $17.5M | $19.9M | $20.9M | $13.5M |
| Operating Income | $-8.6M | $-6.6M | $-13.0M | $-2.6M |
| Operating Margin | -43.8% | -22.3% | -71.9% | -10.4% |
| Interest Expense | $1.0M | — | — | — |
| Pretax Income | $-7.6M | $-15.0M | $-20.8M | $-2.8M |
| Income Tax Expense | $11.0K | $114.0K | $11.0K | $106.0K |
| Net Income | $-7.6M | $-15.2M | $-20.9M | $-2.9M |
| Net Margin | -38.5% | -51.2% | -115.5% | -11.5% |
| EPS (Basic) | $-0.29 | $-0.85 | $-1.48 | $-0.22 |
| EPS (Diluted) | $-0.29 | $-0.85 | $-1.48 | $-0.22 |
| Shares Outstanding (Basic) | 26.5M | 17.9M | 14.1M | 13.1M |
| Shares Outstanding (Diluted) | 26.5M | 17.9M | 14.1M | 13.1M |
| Dividends Per Share | — | — | — | — |