---
title: "SPECTRAL AI INC C/WTS (TO PUR COM) | 8-K: FY2025 Q4 Revenue: USD 3.849 M"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/280521660.md"
datetime: "2026-03-25T20:03:43.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/280521660.md)
  - [en](https://longbridge.com/en/news/280521660.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/280521660.md)
---

# SPECTRAL AI INC C/WTS (TO PUR COM) | 8-K: FY2025 Q4 Revenue: USD 3.849 M

Revenue: As of FY2025 Q4, the actual value is USD 3.849 M.

EPS: As of FY2025 Q4, the actual value is USD 0.02.

EBIT: As of FY2025 Q4, the actual value is USD 890 K.

### Financial and Operational Metrics for Spectral AI, Inc.

#### Research & Development Revenue

-   **Q4 2025**: $3,849 thousand, compared to $7,604 thousand in Q4 2024 .
-   **FY 2025**: $19,650 thousand, a decrease from $29,581 thousand in FY 2024 .

#### Gross Margin

-   **Q4 2025**: 39.8%, down from 44.0% in Q4 2024 .
-   **FY 2025**: 45.4%, an increase from 44.9% in FY 2024 .

#### General & Administrative Expense

-   **Q4 2025**: $4,012 thousand, a reduction from $4,459 thousand in Q4 2024 .
-   **FY 2025**: $17,528 thousand, down from $19,856 thousand in FY 2024 .

#### Operating Loss

-   **Q4 2025**: - $2,481 thousand, compared to - $1,111 thousand in Q4 2024 .
-   **FY 2025**: - $8,603 thousand, compared to - $6,582 thousand in FY 2024 .

#### Total Operating Costs and Expenses

-   **Q4 2025**: $4,012 thousand, compared to $4,459 thousand in Q4 2024 .
-   **FY 2025**: $17,528 thousand, compared to $19,586 thousand in FY 2024 .

#### Net Income/(Loss)

-   **Q4 2025**: $642 thousand, compared to a net loss of - $7,742 thousand in Q4 2024 .
-   **FY 2025**: Net loss of - $7,571 thousand, an improvement from a net loss of - $15,315 thousand in FY 2024 .

#### Cash Position

-   As of December 31, 2025, cash increased to $15,394 thousand from $5,157 thousand as of December 31, 2024 .

#### Cash Flows from Operating Activities

-   **FY 2025**: Net cash used in operating activities was - $9,920 thousand, compared to - $9,198 thousand in FY 2024 .

#### Unique Metrics: BARDA Funding

-   The Company received an additional $31.7 million in funding from the Biomedical Advanced Research and Development Authority (BARDA) to support the development of additional features for the DeepView System .
-   The Company committed an additional $9.7 million to the total development costs for these advancements .
-   This funding is in addition to $54.9 million committed to date as part of the current BARDA contract, which is valued at up to $150.0 million .

#### 2026 Guidance

-   Spectral AI, Inc. forecasts revenue of approximately $18.5 million for the year ending December 31, 2026 . This projection primarily reflects the continued development of the DeepView System through the BARDA PBS Contract . The guidance does not include any material contributions from the sale of the DeepView System for the burn indication .

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