Spectral Medical
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Spectral Medical (EDT) investor relations material

Spectral Medical Q2 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q2 2026 earnings summary7 Aug, 2026

Executive summary

  • Completed FDA PMA application for PMX and entered substantive review, marking a major regulatory milestone.

  • Positive 12-month follow-up from the Tigris trial showed sustained survival benefit for PMX.

  • Commercialization preparations advanced with Vantive, including platform alignment and market readiness.

Financial highlights

  • Q2 2026 revenue was $621,000, down 24% year-over-year due to lower reagent and service revenue.

  • Six-month revenue rose 9% to $1,512,000, driven by EAA Instrumentation sales.

  • Q2 operating expenses dropped 98% to $62,000, mainly from non-cash fair value adjustments and lower clinical costs.

  • Q2 net gain was $331,000 versus a $1,933,000 loss last year; six-month loss narrowed to $2,607,000 from $14,539,000.

Outlook and guidance

  • Focus remains on supporting FDA review, pre-approval inspections, and operational readiness for PMX launch.

  • Actively evaluating financing options to ensure funding beyond commercialization.

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