From GlobeNewswire: 2025-03-27 16:55:00

Spectral AI, Inc. reported a Research & Development Revenue of $30 million for 2024, with successful results from the US Burn Validation Study. The company is on track for regulatory submission in the US for its DeepView™ System. Financial highlights include a significant increase in R&D revenue, a gross margin of 44.9%, and a net loss of $(15.3) million for FY 2024. Other key updates include completing clinical trials, receiving additional funding for product development, and forming a dedicated intellectual property subsidiary. The company also announced plans for a conference call to discuss these results and future outlook.



Read more at GlobeNewswire: Spectral AI Announces 2024 Fourth Quarter and Full Year