Spectral AI, Inc.

Spectral AI, Inc. (ticker: MDAI) is an NASDAQ-listed surgical & medical instruments & apparatus company. DredgeCap's structured extraction of MDAI's SEC filings surfaces 5 active risk signals, including 2 auditor-change signals, 2 late-filing signals, and 1 delisting/deregistration signal. MDAI reported $3.99M in revenue and -$3.41M for the period ending 2026-03-31, with operating cash flow of -$3.73M. Cash and equivalents stood at $11.70M (down 17% year-over-year). Total assets of $17.73M are exceeded by total liabilities of $26.54M. Each signal on this page is sourced verbatim from the underlying SEC filing. Use the tabs above to drill into auditor history, going-concern citations, dilution mechanics, cash runway, and the full risk-flag inventory.

MDAI Cash Runway

Months-of-runway analysis for MDAI, derived directly from SEC XBRL: latest cash and operating cash flow, monthly burn rate, runway under current conditions. Historical trend + verbatim citation panel ships in Phase 2.

Coming in Phase 2

The dedicated per-ticker cash-runway page will surface a 6-8 quarter trend with the underlying us-gaap:CashAndCashEquivalentsAtCarryingValue + us-gaap:NetCashProvidedByUsedInOperatingActivities citations alongside each data point. In the meantime, see the ranked cross-company view:

All companies ranked by months-of-runway →

Related on MDAI

Share-count dilution →

Dilution is the natural counterpart to runway burn.

Going-concern history →

Auditor + management language across filings.