{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-25-075636","form_type":"8-K","ticker":"MDAI","cik":"0001833498","company_name":"Spectral AI, Inc.","filed_at":"2025-08-13T23:59:59+00:00","discovered_at":"2026-05-14T18:02:45.218190+00:00","generated_at":"2026-05-17T13:59:18.103036+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Spectral AI Q2 2025 revenue down 32% to $5.1M; net loss widens to $7.9M","bullets":["R&D revenue $5.1M in Q2 2025 vs. $7.5M in Q2 2024 (down 32.0%), reflecting completion of BARDA clinical trials.","Net loss of $(7.9)M in Q2 2025 vs. $(2.9)M in Q2 2024, primarily due to $(5.4)M fair value change in warrant liability.","Cash improved to $10.5M as of June 30, 2025, from $5.2M at Dec 31, 2024, aided by $8.5M debt draw and $2.7M equity.","Submitted De Novo application to FDA in June 2025 for the DeepView System, a key regulatory milestone.","Reiterated FY 2025 revenue guidance of approximately $21.5M, excluding commercial contributions from DeepView."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-25-075636","json":"https://secwatch.observer/filing/0001213900-25-075636.json","markdown":"https://secwatch.observer/filing/0001213900-25-075636.md","text":"https://secwatch.observer/filing/0001213900-25-075636.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1833498/000121390025075636/0001213900-25-075636-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1833498/000121390025075636/ea0253072-8k_spectral.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T13:59:18.103036+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}