Marpai, Inc.

Marpai, Inc. reported an increased net loss of $3.2 million for the first quarter of 2026, up from $3.1 million in the prior year, while revenue decreased to $4.4 million from $5.4 million. The company's liquidity condition raises substantial doubt about its ability to continue as a going concern, with an accumulated deficit of $118.6 million and negative working capital of $16.7 million as of March 31, 2026. Marpai also renegotiated the payment terms of its convertible debentures after missing a scheduled principal payment.

Marpai, Inc. announced an Amendment Agreement to extend the maturity dates of two promissory notes issued to its Chief Executive Officer, Damien Lamendola. The notes, totaling $660,000 in principal, were originally due on April 11, 2026, and May 10, 2026, respectively. Under the new agreement, both notes will now mature on September 1, 2026, with all other terms remaining unchanged.