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  • Nov 11, 2024

      Show headlines and story abstract
    • 4:07PM ET on Monday Nov 11, 2024 by MT Newswires
      Companies Mentioned: MRAI
      04:07 PM EST, 11/11/2024 (MT Newswires) -- ...
    • 4:05PM ET on Monday Nov 11, 2024 by PR Newswire
      Companies Mentioned: MRAI

      Turnaround continues to gain traction

      Marpai,Inc. ("Marpai" or the "Company") (OTCQX: MRAI),a technology platform company, which operates as a national Third-Party Administrator (TPA) through its subsidiaries and is transforming the $22 billion TPA market by offering affordable, intelligent, healthcare solutions to self-funded employer health plans, announced financial results for the third quarter of 2024. The Company expects to hold a webcast to discuss the results on November 12, 2024.

    • 4:05PM ET on Monday Nov 11, 2024 by Dow Jones
      Companies Mentioned: MRAI
      in operating activities (10,251) (15,324) ----------------------------- ------------------------------------- Cash flows from investing activities: Disposal of property and equipment -- 27 Net cash provided by (used in) investing activities -- 27 ----------------------------- ------------------------------------- Cash flows from financing activities: Proceeds from issuance of common stock in a public offering, net -- 6,432 Proceeds from sale of future cash receipts on accounts receivable 1,509 -- Proceeds from issuance of convertible debentures 5,978 -- Payments of convertible debenture issuance costs (499) -- Payments to buyer of receivables (1,816) -- Payments to seller for acquisition (631) -- Proceeds from issuance of common stock in a private offering, net 4,026 -- Net cash provided by financing activities 8,567 6,432 ----------------------------- ------------------------------------- Net decrease in cash, cash equivalents and restricted cash (1,684) (8,865) Cash, cash equivalents and restricted cash at beginning of period 13,492 23,117 ----------------------------- ------------------------------------- Cash, cash equivalents and restricted cash at end of period $ 11,808 $ 14,252 ============================= ===================================== Reconciliation of cash, cash equivalents, and restricted cash reported in the condensed consolidated balance sheet Cash and cash equivalents $ 830 $ 3,018 Restricted cash 10,978 11,234 ----------------------------- ------------------------------------- Total cash, cash equivalents and restricted cash shown in the condensed consolidated statement of cash flows $ 11,808 $ 14,252 ============================= ===================================== Supplemental disclosure of cash flow information Cash paid for interest $ 1,508 $ -- ============================= ===================================== Supplemental disclosure of non-cash activity Measurement period adjustment to Goodwill $ -- $ 198 ============================= =====================================
    • 4:05PM ET on Monday Nov 11, 2024 by Dow Jones
      Companies Mentioned: MRAI
      in operating activities (10,251) (15,324) ----------------------------- ------------------------------------- Cash flows from investing activities: Disposal of property and equipment -- 27 Net cash provided by (used in) investing activities -- 27 ----------------------------- ------------------------------------- Cash flows from financing activities: Proceeds from issuance of common stock in a public offering, net -- 6,432 Proceeds from sale of future cash receipts on accounts receivable 1,509 -- Proceeds from issuance of convertible debentures 5,978 -- Payments of convertible debenture issuance costs (499) -- Payments to buyer of receivables (1,816) -- Payments to seller for acquisition (631) -- Proceeds from issuance of common stock in a private offering, net 4,026 -- Net cash provided by financing activities 8,567 6,432 ----------------------------- ------------------------------------- Net decrease in cash, cash equivalents and restricted cash (1,684) (8,865) Cash, cash equivalents and restricted cash at beginning of period 13,492 23,117 ----------------------------- ------------------------------------- Cash, cash equivalents and restricted cash at end of period $ 11,808 $ 14,252 ============================= ===================================== Reconciliation of cash, cash equivalents, and restricted cash reported in the condensed consolidated balance sheet Cash and cash equivalents $ 830 $ 3,018 Restricted cash 10,978 11,234 ----------------------------- ------------------------------------- Total cash, cash equivalents and restricted cash shown in the condensed consolidated statement of cash flows $ 11,808 $ 14,252 ============================= ===================================== Supplemental disclosure of cash flow information Cash paid for interest $ 1,508 $ -- ============================= ===================================== Supplemental disclosure of non-cash activity Measurement period adjustment to Goodwill $ -- $ 198 ============================= =====================================
  • Nov 8, 2024

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