---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-026853"
form_type: "8-K"
ticker: "MRAI"
cik: "0001844392"
company_name: "Marpai, Inc."
filed_at: "2024-03-06T23:59:59+00:00"
generated_at: "2026-06-05T02:56:01.822004+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Marpai reports preliminary Q4 2023 revenue $8.7M (+14% YoY), operating loss improves $5M

## Summary
- Q4 2023 net revenues ~$8.7M, up ~14% from Q4 2022; FY 2023 net revenues ~$37.2M, up ~53% YoY.
- Q4 2023 operating expenses ~$6.9M, down ~41% YoY; FY operating expense ratio improved to 107% of rev from 140%.
- Q4 2023 operating loss ~$3.9M, an improvement of ~$5.0M vs Q4 2022; FY operating loss ~$26.7M, down slightly YoY.
- Company expects a $3.0M non-cash goodwill impairment charge in Q4 2023.
- Full audited results to be reported on March 26, 2024, with a webcast on March 27.

## SEC filing metadata
- accession: 0000950170-24-026853
- form_type: 8-K
- ticker: MRAI
- cik: 0001844392
- company_name: Marpai, Inc.
- filed_at: 2024-03-06T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01, 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1844392/000095017024026853/0000950170-24-026853-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1844392/000095017024026853/mrai-20240306.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-026853
- JSON: https://secwatch.observer/filing/0000950170-24-026853.json
- Plain text: https://secwatch.observer/filing/0000950170-24-026853.txt

## Key facts
- Earnings Releases
  Marpai, Inc. reported the fourth quarter and fiscal year 2023 results: revenue approximately $8.7 million.
  - Period: the fourth quarter and fiscal year 2023
  - Revenue: approximately $8.7 million
  - Result: preliminary results
  source text: expects to hold a webcast to discuss the results on March 27, 2024. Financial Highlights: • Net Revenues o For the fourth quarter of 2023, net revenues were approximately $8.7 million, an improvement of nearly $1.1 million or approximately 14% higher from the fourth quarter of 2022. o Full year 2023 net revenues were approximately $37.2 million, an improvement
  evidence_url: https://www.sec.gov/Archives/edgar/data/1844392/000095017024026853/0000950170-24-026853-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.