Marpai (MRAI)

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	11.81 mm	11.81 mm	11.81 mm	11.81 mm	11.81 mm	11.81 mm
Cash burn (monthly)	749.00 k	203.67 k	1.19 mm	2.19 mm	1.18 mm	889.68 k
Cash used (since last report)	3.50 mm	952.31 k	5.55 mm	10.23 mm	5.53 mm	4.16 mm
Cash remaining	8.31 mm	10.86 mm	6.26 mm	1.58 mm	6.28 mm	7.65 mm
Runway (months of cash)	11.1	53.3	5.3	0.7	5.3	8.6

Beta Read what these cash burn values mean

Financial data from Marpai earnings reports.

Institutional ownership, Q3 2024

MRAI institutional ownership history Ownership history

88.7% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	3	3	–
Opened positions	0	1	EXIT
Closed positions	0	0
Increased positions	1	1	–
Reduced positions	0	0

13F shares	Current	Prev Q	Change
Total value	3.44 mm	0.00	NEW
Total shares	12.74 mm	11.38 mm	+12.0%
Total puts	0.00	0.00
Total calls	0.00	0.00
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Edmundo Gonzalez	7.83 mm	$0.00	0.0%
Damien Lamendola	4.92 mm	$3.44 mm	+38.4%
Proequities	0.00	$0.00

Largest transactions	Shares	Bought/sold	Change
Damien Lamendola	4.92 mm	+1.37 mm	+38.4%
Proequities	0.00	0.00
Edmundo Gonzalez	7.83 mm	0.00	0.0%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

MRAI insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
28 Jan 25	Damien Lamendola	Class A Common Stock	Grant	Acquire A	Yes	No	0	600,000	0.00	5,517,657
28 Aug 24	Damien Lamendola	Class A Common Stock	Buy	Acquire P	Yes	No	0.481	1,351,351	650.00 k	4,917,657
3 Jun 24	Yaron Eitan	Class A Common Stock	Grant	Acquire A	No	No	0.61	7,000	4.27 k	673,454
29 May 24	Mohsen Moazami	Class A Common Stock	Sell	Dispose S	No	No	0.6788	15,000	10.18 k	35,000

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

Press releases

From Benzinga Pro

Health In Tech Announces Innovative Collaboration with MARPAI and Vitable DPC to Offer Competitive Quotes in Enhanced Self-Funded Solutions

22 Jan 25

STUART, Fla., Jan. 22, 2025 /PRNewswire/ -- Health In Tech, an Insurtech platform company backed by third-party AI technology, is thrilled to announce a new strategic collaboration with Vitable and MARPAI. This

MARPAI ANNOUNCES SECOND TRANCHE OF NON-DILUTIVE GROWTH FUNDING WITH UP TO $5 MILLION FROM JGB

6 Jan 25

TAMPA, Fla., Jan. 6, 2025 /PRNewswire/ -- Marpai, Inc. ("Marpai" or the "Company") (OTCQX:MRAI), a technology platform company, which operates as a national Third-Party Administrator (TPA) through its

MARPAI ANNOUNCES PRICING OF $700,000 PRIVATE PLACEMENT

5 Dec 24

TAMPA, Fla., Dec. 5, 2024 /PRNewswire/ -- Marpai, Inc. ("Marpai" or the "Company") (OTCQX:MRAI), a technology platform company, which operates as a national Third-Party Administrator (TPA) through its

MARPAI ANNOUNCES GENERAL UPDATES FOR Q4

26 Nov 24