secwatch.observer — SEC 8-K summary
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Issuer:     Marpai, Inc. (MRAI)
CIK:        0001844392
Form:       8-K
Filed at:   2025-11-12T23:59:59+00:00
Accession:  0001213900-25-109369
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Marpai Q3 operating expenses down 24% YoY to $3.8M; net loss narrows to $3.5M
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- Operating expenses decreased 24% YoY from $5.0M to $3.8M for Q3 2025.
- Operating loss improved 9% YoY from $3.1M to $2.8M; net loss improved 2% to $3.5M.
- EPS improved by $0.10 vs prior-year quarter; company targets profitability in Q1 2026.
- Completed $3.9M gross PIPE transaction with long-term shareholders; cash flow supports turnaround.
- New client contracts signed for Jan 1, 2026, with double-digit growth in base business.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1844392/000121390025109369/0001213900-25-109369-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1844392/000121390025109369/ea0265410-8k_marpai.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-109369

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