Spectral AI Announces 2025 Third Quarter Financial Results
Spectral AI, Inc. - Class A (MDAI)
Company Research
Source: GlobeNewswire
Q3 Overview Research & Development Revenue of $3.8 Million; $15.6 Million in YTD Revenue for 2025Strong Cash position of $10.5 Million and progress toward FDA De Novo submission DALLAS, Nov. 11, 2025 (GLOBE NEWSWIRE) -- Spectral AI, Inc. (Nasdaq: MDAI) (“Spectral AI” or the “Company”), an artificial intelligence (AI) company focused on medical diagnostics for faster and more accurate treatment decisions in wound care, today announced financial results for the third quarter ended September 30, 2025 and provided an update on its ongoing business activities. The Company maintained a strong cash position of $10.5 million, recorded $3.8 million in research and development revenue, and continued to advance key regulatory and operational milestones, including progress toward its De Novo FDA submission. “Spectral AI continues to maintain operational efficiency and strengthen our cash reserves as we progressed towards our commercialization milestones. Our results of operations support our
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News
- Spectral AI (NASDAQ:MDAI) had its "sell (e+)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- Spectral AI (NASDAQ:MDAI) had its "sell (e+)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- DeepView™ System Featured at 2025 US Burn ConferencesGlobeNewswire
- Spectral AI (NASDAQ:MDAI) had its price target lowered by analysts at BTIG Research from $3.50 to $3.00. They now have a "buy" rating on the stock.MarketBeat
- Spectral AI (NASDAQ:MDAI) had its "sell (e+)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
MDAI
Earnings
- 11/11/25 - Miss
MDAI
Analyst Actions
- 11/12/25 - BTIG
MDAI
Sec Filings
- 11/13/25 - Form 10-Q
- 10/30/25 - Form S-3
- 10/24/25 - Form 8-K
- MDAI's page on the SEC website