Marpai, Inc.

MRAI · OTC
Analyze with AI
9/30/2025
6/30/2025
3/31/2025
12/31/2024
Revenue$4,037$4,656$5,418$6,591
% Growth-13.3%-14.1%-17.8%
Cost of Goods Sold$2,963$3,910$3,484$3,988
Gross Profit$1,074$746$1,934$2,603
% Margin26.6%16%35.7%39.5%
R&D Expenses$0$0$7$7
G&A Expenses$2,067$2,483$2,283$2,878
SG&A Expenses$2,362$2,795$2,528$3,261
Sales & Mktg Exp.$295$312$245$383
Other Operating Expenses$1,483$1,558$1,649$2,023
Operating Expenses$3,845$4,353$4,184$5,291
Operating Income-$2,771-$3,607-$2,250-$2,688
% Margin-68.6%-77.5%-41.5%-40.8%
Other Income/Exp. Net-$723-$764-$819$342
Pre-Tax Income-$3,494-$4,371-$3,069-$2,346
Tax Expense$0$0$0-$1,190
Net Income-$3,494-$4,371-$3,069-$1,156
% Margin-86.5%-93.9%-56.6%-17.5%
EPS-0.2-0.28-0.21-0.083
% Growth28.6%-33.3%-153%
EPS Diluted-0.2-0.28-0.21-0.083
Weighted Avg Shares Out17,30015,50314,77113,934
Weighted Avg Shares Out Dil17,30015,50314,77113,934
Supplemental Information
Interest Income$0$0$0$0
Interest Expense$797$813$819$819
Depreciation & Amortization$107$123$107$178
EBITDA-$2,590-$3,435-$2,143-$2,987
% Margin-64.2%-73.8%-39.6%-45.3%