secwatch.observer — SEC 8-K summary
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Issuer:     Spectral AI, Inc. (MDAI)
CIK:        0001833498
Form:       8-K
Filed at:   2024-02-13T23:59:59+00:00
Accession:  0001213900-24-012872
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Spectral AI projects $28M 2024 revenue; $149M BARDA contract advances burn product
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- 2023E revenue $17.4M; 2024E revenue guidance $28M, up 61% YoY.
- Cash $7.4M, no long-term debt as of 9/30/2023; YTD 3Q23 net loss $17.3M.
- BARDA Project BioShield contract total value $149M for burn wound assessment system.
- Regulatory timeline: Burn UK approval 2024, DFU UK 2025; US burn 2026, US DFU 2026.
- IP portfolio: 20 issued U.S./international patents, 34 pending applications.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1833498/000121390024012872/0001213900-24-012872-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1833498/000121390024012872/ea193526-8k_spectralai.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-012872

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer