secwatch.observer — SEC 8-K summary
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Issuer:     Marpai, Inc. (MRAI)
CIK:        0001844392
Form:       8-K
Filed at:   2024-03-06T23:59:59+00:00
Accession:  0000950170-24-026853
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 8.01, 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1844392/000095017024026853/0000950170-24-026853-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1844392/000095017024026853/mrai-20240306.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-026853

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