secwatch.observer — SEC 8-K summary
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Issuer:     Marpai, Inc. (MRAI)
CIK:        0001844392
Form:       8-K/A
Filed at:   2024-03-06T23:59:59+00:00
Accession:  0000950170-24-027115
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Marpai reports preliminary Q4 revenue up 14% YoY, operating loss improves $5M
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- Q4 2023 net revenue ~$8.7M (+14% YoY); FY2023 ~$37.2M (+53% YoY).
- Q4 operating expenses down 41% to ~$6.9M; FY operating expenses 107% of revenue vs 140% prior year.
- Q4 operating loss ~$3.9M, a $5.0M improvement from Q4 2022; FY loss ~$26.7M slightly down.
- Expects $3.0M non-cash goodwill impairment charge in Q4 2023.
- Preliminary results subject to completion of audit; full earnings due March 26, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1844392/000095017024027115/0000950170-24-027115-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1844392/000095017024027115/mrai-20240306.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-027115

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