📊 MRAI Key Takeaways
Is MRAI a Good Investment? Thesis Analysis
Marpai demonstrates severe financial distress with negative stockholders' equity of -$32.6M, indicating the company is technically insolvent. Operating and net margins are deeply negative at -74.9% and -91.5% respectively, while the company is burning cash with -$7.8M in free cash flow, leaving only $133K in cash reserves against $43.5M in liabilities.
Why Buy MRAI? Key Strengths
- Revenue of $18.1M provides a minimal operational base
- Net loss improved 25% year-over-year, suggesting loss reduction trend
- Flat revenue maintenance indicates some operational stability in core business
MRAI Investment Risks to Consider
- Negative stockholders' equity of -$32.6M indicates technical insolvency and existential risk
- Critical liquidity crisis with current ratio of 0.40x and only $133K cash against $43.5M liabilities
- Severe operational losses with -$7.5M operating cash burn and -91.5% net margin unsustainable long-term
- Negative ROA of -151.9% and negative interest coverage of -5.0x demonstrate inability to service debt or generate returns
- Long-term debt of $19.4M represents 56% of total liabilities with impaired repayment capacity
Key Metrics to Watch
- Cash position and monthly burn rate to determine runway
- Operating cash flow trend toward positive territory
- Net margin improvement and path to profitability
- Long-term debt refinancing or restructuring developments
- Revenue growth acceleration and gross margin expansion
MRAI Financial Metrics
💡 AI Analyst Insight
The current ratio below 1.0x warrants monitoring of short-term liquidity.
MRAI Profitability Ratios
MRAI vs Default Sector
How Marpai, Inc. compares to Default sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is MRAI Overvalued or Undervalued?
Based on fundamental analysis, Marpai, Inc. has mixed fundamental signals relative to the Default sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
MRAI Balance Sheet & Liquidity
MRAI 5-Year Financial Trend & Growth Analysis
5-Year Trend Summary: Marpai, Inc.'s revenue has grown significantly by 161% over the 5-year period, indicating strong business expansion. The most recent EPS of $-1.92 indicates the company is currently unprofitable.
MRAI Growth Metrics (YoY)
MRAI Quarterly Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2024 | $7.0M | -$3.6M | $-0.30 |
| Q2 2024 | $7.2M | -$7.6M | $-1.10 |
| Q1 2024 | $7.4M | -$4.3M | $-0.46 |
| Q3 2023 | $4.9M | -$5.8M | $-0.98 |
| Q2 2023 | $5.6M | -$6.7M | $-1.10 |
| Q1 2023 | $6.2M | -$5.5M | $-0.28 |
| Q3 2022 | $4.8M | -$4.8M | $-0.28 |
| Q2 2022 | $3.5M | -$3.9M | $-0.34 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
MRAI Capital Allocation
MRAI SEC 10-K & 10-Q Filing Analysis
Access official SEC EDGAR filings for Marpai, Inc. (CIK: 0001844392)
📋 Recent SEC Filings
❓ Frequently Asked Questions about MRAI
What is the AI rating for MRAI?
Marpai, Inc. (MRAI) has an AI rating of STRONG SELL with 95% confidence, based on fundamental analysis of SEC EDGAR filings.
What are MRAI's key strengths?
Claude: Revenue of $18.1M provides a minimal operational base. Net loss improved 25% year-over-year, suggesting loss reduction trend.
What are the risks of investing in MRAI?
Claude: Negative stockholders' equity of -$32.6M indicates technical insolvency and existential risk. Critical liquidity crisis with current ratio of 0.40x and only $133K cash against $43.5M liabilities.
What is MRAI's revenue and growth?
Marpai, Inc. reported revenue of $18.1M.
Does MRAI pay dividends?
Marpai, Inc. does not currently pay dividends.
Where can I find MRAI SEC filings?
Official SEC filings for Marpai, Inc. (CIK: 0001844392) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is MRAI's EPS?
Marpai, Inc. has a diluted EPS of $-0.95.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is MRAI a good stock to buy right now?
Based on our AI fundamental analysis in April 2026, Marpai, Inc. has a STRONG SELL rating with 95% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.
Is MRAI stock overvalued or undervalued?
Valuation metrics for MRAI: ROE of N/A (sector avg: 15%), net margin of -91.5% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.
Should I buy MRAI stock in 2026?
Our dual AI analysis gives Marpai, Inc. a combined STRONG SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is MRAI's free cash flow?
Marpai, Inc.'s operating cash flow is $-7.5M, with capital expenditures of $362.8K. FCF margin is -43.2%.
How does MRAI compare to other Default stocks?
Vs Default sector averages: Net margin -91.5% (avg: 12%), ROE N/A (avg: 15%), current ratio 0.40 (avg: 1.8).