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Spectral AI, Inc.

MDAIFDA catalysts, PDUFA dates & pipeline intelligence
$1.51
▼ -0.02 · -1.31%

Financials

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Quarterly Cash
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52W LOW $1.1852W HIGH $2.97
Volume
121.47 K
Value Traded
250.40 K
Short % Float
8.03%
Days to Cover
14.4
0%Week
-11.24%1 Month
-6.83%3 Month
-33.92%6 Month
-72.14%5 Year
-72.26%All Time

Cash Data

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  • Monthly Burn
  • Burn Trend
  • Dilution Risk
  • SEC Filing

Key Stats

Market Cap
48.44 M
EPS (TTM)
-0.31
P/E Ratio
-
Ent. Value
46.15 M
Total Shares
32.16 M
Float Shares
26.96 M
Insiders
16.24%
Institutions
12.06%

Upcoming Catalysts

FDA decisions, readouts and PDUFA dates · scored by probability of approval

Catalyst Drug / Treatment Stage Prob. of Approval Description Drug Type Therapeutic Area Source
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Every FDA decision, readout and PDUFA date, with drug type, therapeutic area and a PoA score you can trade on.
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PoA blends historical approval base rates, trial design score and FDA review track record.

MDAI Catalyst Timeline

Dated clinical, regulatory and corporate events for Spectral AI, Inc.

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Every PDUFA date, readout, approval and corporate move, tiered by market impact and updated daily.
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Past FDA Catalysts and PDUFA Decisions

How MDAI actually traded into and out of each decision

Date Drug Catalyst Stage Reaction Event Move % Best Trade %
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Reaction: 30 trading days around the event · Event Move: close to close on decision day · Best Trade: peak run-up from entry 10 days before the decision

Drug Pipeline Intelligence

No drug pipeline

Spectral AI, Inc. is a medical device company. The clinical trials it takes part in test other companies' drugs, so it has no drug pipeline of its own to score.

Clinical Trial Results

Readouts, endpoints and source filings for every MDAI program

Drug Name Indication Phase Date Trial Results SummaryTitleSource
DeepView System
Breakthrough
burn care2025-06-10increasing detection rates from 61% to 89% (p < 0.0001)Read MoreDeepView® System highlighted at the annual British Burn Association conferenceRead More
Scroll for more · summaries link to the source press release
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Inside Trades

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Monthly insider buys and sells against the stock price, with the insider sentiment reading.
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InsiderSideSharesPriceValueDate
DiMaio John MichaelDirectorGrant/Award 15,000 2,731,847 held$1.73 06/29/2026
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Hedge Fund 13F Activity

Fund % of Portfolio Current MV Shares Owned Activity
No hedge fund reported a 13F position in MDAI for Q2 2026.
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Every 13F position with quarter over quarter share flow and average entry price.
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Shares held by hedge funds each quarter, and who bought or sold.

Ownership Trends

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Insider and institutional ownership, quarter by quarter.

MDAI Short Interest

Shares sold short, counted twice a month.

8.03%
Short % of Float
of tradable shares sold short
2.2M
Shares Sold Short
-7.7% vs prior count
14.4 Very high
Days to Cover
trading days of normal volume to buy every short share back
150.6K
Avg Daily Volume
the average used for days to cover
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Two years of days to cover and shares sold short, with every count and its change.
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Options Data

Option Volume

Open Interest
Call OI
Put OI
Put-Call Ratio
OI 30-day avg
Today vs avg
Option Volume
Call Vol
Put Vol
Put-Call Ratio
Vol 30-day avg
Today vs avg

Option Chain Statistics

ExpiryCall VolPut VolVol P/CCall OIPut OIOI P/CIV CallIV Call OI-WtdIV Call Vol-WtdIV PutIV Put OI-WtdIV Put Vol-Wtd
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Per-expiry call and put volume, open interest, put-call ratios and implied volatility.
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Real-Time Option Chain

CallsStrikePuts
LastVolOILastVolOI
No data available
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Live calls and puts by strike: last price, volume and open interest for every expiry.
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Calls vs Puts by Expiry

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Competitive positioning

How MDAI ranks across every disease it competes in

Competitive Position is a premium feature
See how MDAI ranks against every competitor across each disease it develops in: phase, best drug, trials and likelihood of approval.
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MDAI News

MDAI
Oct 28, 2026
MDAIConferences/Events

Spectral AI Schedules 2026 Third Quarter Financial Results and Conference Call

Spectral AI, Inc. will report its third quarter financial results on November 10, 2026. The company will host a conference call at 5:00 pm ET to discuss these results. Spectral AI focuses on AI-driven medical diagnostics, aiming to improve wound care treatment decisions.

Read more →
MDAI
Oct 13, 2026
MDAIConferences/Events

Spectral AI’s DeepView™ System Showcased at the 2026 American College of Emergency Physicians (ACEP) Scientific Assembly

Spectral AI showcased its FDA-cleared DeepView System at the 2026 ACEP Scientific Assembly in Chicago. The system aims to enhance wound care decision-making in emergency departments, addressing the lack of specialized burn expertise. CEO Vincent Capone emphasized its potential to improve patient outcomes by providing timely, data-driven assessments. The event attracted around 7,000 attendees, highlighting its significance in emergency medicine.

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MDAI
Oct 6, 2026
MDAIFDA Updates

Spectral AI Submits New Technology Add-On Payment (NTAP) Application for DeepView™ System

Spectral AI has submitted a New Technology Add-On Payment (NTAP) application for its DeepView System to CMS. This system, which received FDA De Novo Classification in May 2026, aims to improve reimbursement for hospitals adopting innovative wound care technologies. If approved, the NTAP could significantly enhance patient access to advanced treatment options.

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MDAI
Oct 1, 2026
MDAIPhases

Spectral AI Announces First Site Initiation Visit for DeepView System™ Clinical Study Supporting Label Expansion Strategy to Burns of the Head, Hands, and Feet

Spectral AI has announced the successful completion of the first Site Initiation Visit for a clinical study aimed at expanding the DeepView System's FDA-cleared burn indication to include burns of the head, hands, and feet. The study, led by Dr. Preetha Muthayya at Pinderfields Hospital, will enroll patients to assess healing potential in these complex areas. This initiative is part of Spectral AI's strategy to enhance the clinical utility of its technology in burn care.

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MDAI
Sep 24, 2026
MDAIConferences/Events

Spectral AI Announces Upcoming Presentation at ACS Clinical Congress 2026 Highlighting the Use of Artificial Intelligence and Multi-Spectral Imaging in the Assessment of Burn Wounds

Spectral AI, Inc. announced a presentation at the ACS Clinical Congress 2026, focusing on their DeepView System for assessing burn wounds using AI and multi-spectral imaging. Led by Dr. James H. Holmes IV, the presentation aims to broaden awareness of this innovative technology among surgeons. The DeepView System, recently FDA-cleared, offers rapid assessments to improve treatment decisions for burn patients.

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MDAI
Sep 16, 2026
MDAIConferences/Events

Spectral AI Showcases DeepView® System for Burn Indication and KOL Research at Southern Regional Burn Conference

Spectral AI showcased its DeepView® System at the Southern Regional Burn Conference, highlighting its potential to enhance treatment decisions for burn wounds. The system, which combines AI with multispectral imaging, received positive feedback from clinicians and is backed by FDA's De Novo Classification. The company aims to advance the adoption of this innovative technology in wound care.

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MDAI
Sep 1, 2026
MDAIConferences/Events

Spectral AI to Present at H.C. Wainwright 28th Annual Global Investment Conference

Spectral AI, Inc. will present at the H.C. Wainwright 28th Annual Global Investment Conference from September 14-16, 2026. CEO Vincent Capone highlighted the recent FDA De Novo Clearance for their DeepView System, which aims to enhance treatment decisions in wound care. The company is on track for its first commercial sales by the end of 2026.

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MDAI
Aug 11, 2026
MDAIGeneral
▼ -8.2%on this news

Spectral AI Announces 2026 Second Quarter Financial Results

Spectral AI reported a net loss of $4.2 million for the second quarter ended June 30, 2026. The company holds $14.0 million in cash at the end of the quarter. This financial update follows FDA clearance for its DeepView System for burn indication. Management aims to generate first commercial sales by the end of 2026.

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MDAI
Jul 29, 2026
MDAIConferences/Events
▲ +5.3%on this news

Spectral AI Schedules 2026 Second Quarter Financial Results and Conference Call

Spectral AI, Inc. will report its second quarter financial results on August 11, 2026, followed by a conference call at 5:00 PM ET. The company focuses on AI-driven medical diagnostics for wound care, particularly for burns, and aims to improve treatment decisions. The DeepView System is designed to provide immediate assessments of wound healing potential.

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MDAI
Jul 8, 2026
MDAIGeneral

Spectral AI Names Darcy Bajko Chief Commercial Officer to Lead Global Sales Launch of FDA-Cleared DeepView® System for Burn Indication

Spectral AI has appointed Darcy Bajko as Chief Commercial Officer to lead the global launch of its FDA-cleared DeepView System for burn indications. This appointment marks a strategic shift for the company as it transitions from product development to commercial execution. Bajko brings extensive experience from leading medical device companies and aims to drive clinical adoption and establish revenue streams.

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MDAI
Jun 25, 2026
MDAIConferences/Events

DeepView® System Highlighted at the 2026 British Burn Association Annual Conference

Spectral AI reported that Dr. Jeffrey Carter won first prize at the British Burn Association conference for his presentation on using multispectral imaging with artificial intelligence for burn wounds. The company’s DeepView System received FDA De Novo Classification in May 2024 and UKCA authorization in February 2024. These regulatory approvals support the technology's role in providing immediate assessments of burn wound healing potential.

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MDAI
Jun 12, 2026
MDAIGeneral

Spectral AI Joins the American Board of Wound Management Foundation in Celebrating Wound Healing Awareness Month

Spectral AI, Inc. is partnering with the American Board of Wound Management Foundation to celebrate the 10th Annual Wound Healing Awareness Month. The company highlights its AI-driven DeepView System, which aids in diagnosing burn wounds and improving treatment outcomes. This initiative underscores the importance of timely care for patients with complex wounds.

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MDAI
Jun 11, 2026
MDAIConferences/Events

Spectral AI to Participate in 2026 British Burn Association Annual Conference

Spectral AI, Inc. will participate in the 2026 British Burn Association Annual Meeting, showcasing its FDA-approved DeepView System for burn wound assessment. The conference, held at Nottingham Trent University, will feature multiple presentations on the technology. The company anticipates its first commercial sales of the DeepView System by the end of 2026.

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MDAI
Jun 1, 2026
MDAIGeneral

Spectral AI Announces Voting Results of Annual Meeting of Stockholders

Spectral AI, Inc. announced the results of its 2026 Annual Meeting of Stockholders, where all proposals were approved. The company received FDA clearance for its DeepView System, allowing for commercial distribution in the U.S. Additionally, it secured $31.7 million in funding from BARDA to enhance the system's features. The company is set to initiate commercial sales by the end of 2026.

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MDAI
May 26, 2026
MDAIFDA Updates
▼ -11.6%on this news· ran to -23% by day 3

Spectral AI Receives FDA De Novo Clearance for DeepView® System for Burn Indication

Spectral AI has received FDA De Novo Classification for its DeepView System, which is designed for assessing burn wound healing potential. This clearance allows the company to begin commercial distribution in the U.S. The DeepView System utilizes AI and multispectral imaging to provide rapid diagnostic assessments, potentially enhancing patient outcomes in burn care.

Read more →
MDAI
May 13, 2026
MDAIGeneral
▼ -5.1%on this news

Real-Time Intoxication Detection Platforms Target Expanding Multibillion-Dollar Healthcare Opportunities

MindBio Therapeutics is developing an AI-driven platform that uses voice analysis to detect intoxication in real-time. This innovative approach aims to address the limitations of traditional drug and alcohol testing methods, which are often invasive and slow. The company targets a substantial market in workplace safety and substance testing, estimated at $47 billion. By focusing on multi-substance detection, MindBio is positioning itself at the forefront of a growing field in noninvasive diagnostics.

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MDAI
May 12, 2026
MDAIGeneral
▼ -7.7%on this newsshared move

Spectral AI Announces 2026 First Quarter Financial Results

Spectral AI reported its financial results for Q1 2026, highlighting a net loss of $3.4 million. The company continues to develop its DeepView System under a $31.7 million BARDA contract. Despite a decline in R&D revenue, gross margins improved, and the company reaffirmed its annual revenue guidance of approximately $18.5 million.

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MDAI
Apr 30, 2026
MDAIGeneral
▲ +5.7%on this news· ran to +17% by day 3

Spectral AI Wins Small Business Innovator Award at Inaugural Texas Innovation Conference

Spectral AI, Inc. received the Small Business Innovator Award at the Texas Innovation Conference for its DeepView System, an AI-driven diagnostic tool for assessing burn wound healing potential. The award acknowledges the company's efforts in transforming medical diagnostics and improving patient care. The DeepView System is designed to provide clinicians with immediate, data-driven assessments to enhance treatment decisions.

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MDAI
Apr 28, 2026
MDAIConferences/Events

Spectral AI Schedules 2026 First Quarter Financial Results and Conference Call

Spectral AI, Inc. will report its first quarter financial results for 2026 on May 12. A conference call will follow at 5:00 PM ET to discuss these results. The company is focused on advancing medical diagnostics in wound care through its DeepView System, which aims to enhance treatment decisions and patient outcomes.

Read more →
MDAI
Apr 22, 2026
MDAIConferences/Events

Spectral AI’s DeepView® System Showcased at 2026 American Burn Association Annual Meeting

Spectral AI showcased its DeepView System at the 2026 American Burn Association Annual Meeting, highlighting its potential in burn wound assessment. The AI-driven device provides immediate, data-driven evaluations to aid treatment decisions. Clinicians from the U.S. and U.K. presented various studies related to the system, emphasizing its innovative approach to improving patient care.

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About Spectral AI, Inc.

Dallas, TX 65 employees spectral-ai.com
Headquarters2515 MCKINNEY AVE #1000, DALLAS, TX, 75201
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