What is MDAIW's market cap?

$5.11M, based on the Sep 28 close of $0.45.

What sector is MDAIW in?

Healthcare, in the Surgical Instruments industry.

NASDAQ · MDAIWHealthcareSurgical Instruments

Spectral AI, Inc. Warrants (MDAIW)

$0.4502−6.17%

Close Sep 28, 2026 · split-adjusted

Sep 28, 2026$0.45▼ 30.75% in range

Sep 29, 2025Low $0.36 · High $0.98Sep 28, 2026

What changed · written from our data

As of Sep 28, 2026

Spectral AI, Inc. Warrants closed at $0.45 on Sep 28, down 6.17%, 54.1% below its highest close since Sep 12. Volume of 27.4K shares was 6.63× its 20-day average (well above normal).

Split-adjusted performance: -8.1% over one month, -15.9% over six months.

In the quarter ended Jun 30, 2026, revenue was $3.52M, down 30.4% from a year earlier, with a net margin of -118.5%.

Short interest was 17.7K shares at the Sep 15 settlement, up 14.5% from the prior report (4.1 days to cover).

Market cap$5.1M11.3M shares

Revenue · quarter$3.5M−30.4% YoY

Diluted EPS$-0.13—

P/E · TTM—P/S 0.3×

Net margin-118.5%Gross 31.6%

Dividend yieldNone

Range since Sep 120.36 – 0.98−54.1% from high

Volume27.4K6.63× 20-day avg

Volatility · 60d104.9%Annualised

Short % of float—4.1 days to cover

Net cash-$934.0KCash $14.0M

Next earnings—Not scheduled

Split-adjusted performance

1W 0.0%1M −8.1%3M −27.4%6M −15.9%YTD 0.0%1Y —3Y +212.6%5Y —

Earnings reactions

History →

No reported quarters with price history yet.

Rank within Surgical Instruments

Percentile among 111 companies (100 = best)

6-month momentum—

Revenue growth—

Net margin—

Value (low P/E)—

Size—

Industry medians: 6-month return −4.4%, revenue growth +9.5%, net margin −9.2%, P/E 28.3×.

Short interest

Details →

Shares short17.7K+14.5% vs prior

Days to cover4.1Settled Sep 15

% of float—

Short vol. 10d71.2%of daily volume

Closest peers by size in Surgical Instruments

Company	Price	Today	6M	Rev. growth	Net margin	P/E	Mkt cap
MDAIWSpectral AI, Inc. Warrants	$0.4502	−6.17%	−15.9%	−30.4%	−118.5%	—	$5.1M
ICUCWSeaStar Medical Holding Corporation Warrant	$0.0154	−6.10%	−45.0%	+82.0%	−606.5%	—	$258.5K	Compare
NXGLWNexGel, Inc Warrant	$0.0122	−1.61%	—	+27.8%	−98.6%	—	$25.2K	Compare

News about Spectral AI, Inc. Warrants

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Quick answers

What does Spectral AI, Inc. Warrants do?: Spectral AI Inc is an AI company focused on predictive medical diagnostics. Its DeepView System uses proprietary AI algorithms to distinguish between fully damaged, partially damaged and healthy human tissue characters invisible to the naked eye, at the initial time point of wound presentation.
What is MDAIW's market cap?: $5.11M, based on the Sep 28 close of $0.45.
What sector is MDAIW in?: Healthcare, in the Surgical Instruments industry.

About Spectral AI, Inc. Warrants

Spectral AI Inc is an AI company focused on predictive medical diagnostics. Its DeepView System uses proprietary AI algorithms to distinguish between fully damaged, partially damaged and healthy human tissue characters invisible to the naked eye, at the initial time point of wound presentation. The DeepView System delivers a binary prediction on the wound's capacity to heal or not-heal by a specified time point in the future. The company focuses on the burn indication which is supported by the BARDA PBS contract.

HQ: Dallas, TX65 employeesListed Sep 12, 2023spectral-ai.com

Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology