MultiSensor AI (MSAI)

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)	1.16 mm	1.16 mm	1.16 mm	1.16 mm	1.16 mm	1.16 mm
Cash burn (monthly)	726.00 k	622.42 k	564.67 k	1.06 mm	601.00 k	736.67 k
Cash used (since last report)	1.59 mm	1.36 mm	1.24 mm	2.32 mm	1.32 mm	1.61 mm
Cash remaining	-425.77 k	-198.95 k	-72.49 k	-1.16 mm	-152.05 k	-449.13 k
Runway (months of cash)	-0.6	-0.3	-0.1	-1.1	-0.3	-0.6

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q4 2024

MSAI institutional ownership history Ownership history

56.1% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	43	17	+152.9%
Opened positions	29	13	+123.1%
Closed positions	3	30	-90.0%
Increased positions	4	1	+300.0%
Reduced positions	5	1	+400.0%

13F shares	Current	Prev Q	Change
Total value	28.58 bn	32.67 bn	-12.5%
Total shares	18.37 mm	15.63 mm	+17.5%
Total puts	0.00	0.00
Total calls	22.50 k	0.00	NEW
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
325 Capital	9.38 mm	$17.25 bn	0.0%
Sanders Morris Harris	3.28 mm	$6.43 bn	-2.8%
Bleichroeder	850.00 k	$1.56 bn	0.0%
Bard Associates	710.00 k	$1.31 bn	-0.7%
SportsMap	505.00 k	$0.00	0.0%
Walleye Trading	448.86 k	$17.95 mm	NEW
Vanguard	350.13 k	$644.24 mm	NEW
Wolverine Asset Management	292.33 k	$11.69 mm	NEW
GS The Goldman Sachs Group, Inc.	201.77 k	$8.07 mm	NEW
Periscope Capital	200.00 k	$8.00 mm	NEW

Largest transactions	Shares	Bought/sold	Change
Walleye Trading	448.86 k	+448.86 k	NEW
Vanguard	350.13 k	+350.13 k	NEW
Wolverine Asset Management	292.33 k	+292.33 k	NEW
1492 Capital Management	0.00	-275.21 k	EXIT
GS The Goldman Sachs Group, Inc.	201.77 k	+201.77 k	NEW
Periscope Capital	200.00 k	+200.00 k	NEW
Polar Asset Management Partners	182.85 k	+182.85 k	NEW
MMCAP International Inc. SPC	175.25 k	+175.25 k	NEW
683 Capital Management	150.00 k	+150.00 k	NEW
Yakira Capital Management	150.00 k	+150.00 k	NEW

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

MSAI insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
24 Oct 25	Friedberg Daniel M.	Common stock, $0.0001 par value per share	Grant	Acquire A	Yes	No	0	2,800,907	0.00	10,694,039
24 Oct 25	Friedberg Daniel M.	Common stock, $0.0001 par value per share	Grant	Acquire A	Yes	No	0	684,539	0.00	2,166,407
24 Oct 25	Friedberg Daniel M.	Warrants to purchase common stock Common stock, $0.0001 par value per share	Grant	Acquire A	Yes	No	0.409	5,601,814	2.29 mm	5,601,814
24 Oct 25	Friedberg Daniel M.	Warrants to purchase common stock Common stock, $0.0001 par value per share	Grant	Acquire A	Yes	No	0.409	1,369,078	559.95 k	1,369,078
30 Sep 25	Margaret M Chu	Common Stock	Grant	Acquire A	No	No	0	15,504	0.00	64,638
30 Sep 25	Stuart V Flavin	Common Stock	Grant	Acquire A	No	No	0	15,504	0.00	78,003
30 Sep 25	Friedberg Daniel M.	Common stock, $0.0001 par value per share	Grant	Acquire A	No	No	0	31,008	0.00	101,207
30 Sep 25	David Gow	Common Stock	Grant	Acquire A	No	No	0	31,008	0.00	747,644