Marpai, Inc. financial data

Symbol
MRAI on OTC
Industry
Services-Misc Health & Allied Services, NEC
Location
615 Channelside Drive, Suite 207, Tampa, FL
State of incorporation
Delaware
Fiscal year end
December 31
Latest financial report
10-Q - Q2 2024 - Aug 7, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 84.4 % -31.3%
Debt-to-equity -290 % -131%
Return On Equity 189 %
Return On Assets -99.3 % -30.3%
Operating Margin -89.1 % +5.82%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 11M shares +52.2%
Common Stock, Shares, Outstanding 11M shares +52.1%
Entity Public Float 4.88M USD
Common Stock, Value, Issued 1K USD +37.9%
Weighted Average Number of Shares Outstanding, Basic 10.6M shares +55.3%
Weighted Average Number of Shares Outstanding, Diluted 10.6M shares +55.3%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 32M USD -0.85%
Research and Development Expense 304K USD -89.3%
Selling and Marketing Expense 3.98M USD -41.6%
General and Administrative Expense 15.4M USD -14.8%
Costs and Expenses 60.5M USD -3.66%
Operating Income (Loss) -28.5M USD +6.63%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -30M USD +4.09%
Net Income (Loss) Attributable to Parent -29.7M USD +3.41%
Earnings Per Share, Basic -3.05 USD/shares +52.3%
Earnings Per Share, Diluted -3.05 USD/shares +52.3%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 1.29M USD -85.2%
Accounts Receivable, after Allowance for Credit Loss, Current 805K USD -20.2%
Assets, Current 17.2M USD -27.6%
Property, Plant and Equipment, Net 546K USD -23.8%
Operating Lease, Right-of-Use Asset 2.25M USD -18.4%
Intangible Assets, Net (Excluding Goodwill) 4.87M USD -19.4%
Goodwill 3.02M USD -48.6%
Other Assets, Noncurrent 22K USD +1.53%
Assets 22.2M USD -49.2%
Accounts Payable, Current 3.17M USD +47.7%
Accrued Liabilities, Current 2.64M USD -46.6%
Contract with Customer, Liability, Current 1.3M USD
Liabilities, Current 18.7M USD -15.9%
Deferred Income Tax Liabilities, Net 1.19M USD -19.6%
Operating Lease, Liability, Noncurrent 3.41M USD -13.9%
Other Liabilities, Noncurrent 20.1M USD +7.58%
Liabilities 47.9M USD +3.2%
Retained Earnings (Accumulated Deficit) -94.1M USD -46.1%
Stockholders' Equity Attributable to Parent -25.7M USD -861%
Liabilities and Equity 22.2M USD -49.2%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -3.59M USD +45.2%
Net Cash Provided by (Used in) Financing Activities 3.71M USD
Net Cash Provided by (Used in) Investing Activities 3K USD
Common Stock, Shares Authorized 228M shares 0%
Common Stock, Shares, Issued 11M shares +52.1%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 120K USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 14.1M USD -32.5%
Deferred Tax Assets, Valuation Allowance 14.6M USD +45.9%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 13.4M USD +57.3%
Operating Lease, Liability 4.2M USD -31%
Depreciation 136K USD -73.9%
Payments to Acquire Property, Plant, and Equipment 101K USD +980%
Lessee, Operating Lease, Liability, to be Paid 5.65M USD -30%
Property, Plant and Equipment, Gross 762K USD -10.6%
Operating Lease, Liability, Current 541K USD -31.1%
Lessee, Operating Lease, Liability, to be Paid, Year Two 917K USD -16.5%
Lessee, Operating Lease, Liability, to be Paid, Year One 909K USD -51.8%
Operating Lease, Weighted Average Discount Rate, Percent 0.1 pure +11%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 1.46M USD -27%
Lessee, Operating Lease, Liability, to be Paid, Year Three 928K USD -16.3%
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 940K USD -13.6%
Additional Paid in Capital 66.6M USD +21.2%
Amortization of Intangible Assets 1.15M USD +16.9%
Depreciation, Depletion and Amortization 951K USD -8.91%
Share-based Payment Arrangement, Expense 417K USD
Interest Expense 2.08M USD +112%