Marpai Q2 FY26 net loss narrows 35.7% to $0.18 a share; revenue falls 10.5% to $4.17 million - MRAI News | RalliesMarpai Q2 FY26 net loss narrows 35.7% to $0.18 a share; revenue falls 10.5% to $4.17 million
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MRAI• Quarterly results and expenses
- Marpai posted a net loss of $4.58 million, widening 4.9%, as revenue fell 10.5% to $4.17 million.
- Operating loss narrowed 4.8% to $3.43 million, while net loss per share improved to $0.18.
- Customer turnover drove the revenue decline; general and administrative costs rose 23.6% to $3.07 million.
Liquidity and post-quarter financing
- Liquidity remained tight with $138,000 in unrestricted cash and a $14.5 million working-capital deficit at June 30, 2026.
- Subsequent to quarter-end, it agreed to sell 12,100 Series A Preferred shares for expected gross proceeds of $12.1 million.
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