STAI

MKT CAP:$267300

ScanTech AI Systems Inc.

Market Cap

$267300

Industrials·Construction Materials·🇺🇸 United States·NASDAQ

Industrials·Construction·🇺🇸·NASDAQ

Stock Price

$0.13-$3.19 (-96.08%)

Apr 22, 2026

Company Details

ScanTech AI Systems Inc. develops systems, software, and artificial intelligence solutions for security checkpoints. The company offers SENTINEL Computed Tomography (CT), a checkpoint baggage inspection system for airports and other securit...

CEO

Dolan Falconer Jr.

IPO Date

Mar 15, 2023

Website

www.scantechais.com

Key Metrics TTM

Revenue

$522.2K

— YoY

Net Income

-$58M

EPS (Diluted)

$70.61

Free Cash Flow

-$5M

Revenue / Share

$0.03

Gross Margin

14.2%

Operating Margin

-1459.0%

Net Margin

-11015.1%

FCF Margin

-998.4%

P/S

0.5x

P/E

—

Earnings Reports

FY 2024

Feb 14, 2025

$522.2KEPS $71.12

Q3 2024

Feb 14, 2025

$0EPS $72.35

Q2 2024

Jun 30, 2024

$522.2KEPS -$0.29

Q1 2024

Mar 31, 2024

$0EPS -$0.94

FY 2023

Mar 31, 2023

$0EPS -$0.51

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q2 22	$0	$0	-$1M
Q3 22	$0	$0	-$1M
Q4 22	$0	$0	-$1M
Q1 23	$0	$0	-$1M
Q1 24	$0	$0	-$2M
Q2 24	$522.2K	$74.1K	-$2M
Q3 24	$0	$0	-$2M

Valuation

Quarter	P/S	P/E
Q2 22	—	—
Q3 22	—	—
Q4 22	—	—
Q1 23	—	—
Q1 24	—	—
Q2 24	0.5x	—
Q3 24	0.5x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q3 22	-$946.8K	-$982.0K
Q4 22	-$952.5K	-$970.4K
Q1 23	-$848.9K	-$848.9K
Q4 23	-$1M	-$1M
Q1 24	-$1M	-$1M
Q2 24	-$2M	-$2M

Capital Expenditures

Quarter	CapEx
Q3 22	$35.2K
Q4 22	$18.0K
Q1 23	$0
Q4 23	$5.2K
Q1 24	$0
Q2 24	$0

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 24	—	+83.7%
Q2 24	—	+148.1%
Q3 24	—	+102.5%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q3 22	$289	—
Q4 22	$16.5K	—
Q1 23	$1.0K	—
Q4 23	$0	—
Q1 24	$0	—
Q2 24	$38.5K	7.4%

OpEx Breakdown

Quarter	R&D	G&A
Q2 22	$712.6K	$370.1K
Q3 22	$701.7K	$392.4K
Q4 22	$751.4K	$319.1K
Q1 23	$821.9K	$368.5K
Q1 24	$875.3K	$1M
Q2 24	$914.6K	$1M
Q3 24	$814.5K	$1M

War Chest

Quarter	Cash	Short-term Investments	Total
Q4 22	$93.0K	$0	$93.0K
Q2 23	$71.0K	$0	$71.0K
Q3 23	$35.2K	$0	$35.2K
Q4 23	$333.1K	$0	$333.1K

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q2 22	20M	—	—
Q3 22	20M	0.0%	—
Q4 22	20M	0.0%	—
Q1 23	20M	0.0%	—
Q1 24	20M	0.0%	0.0%
Q2 24	20M	0.0%	0.0%
Q3 24	20M	0.0%	0.0%

Shares Outstanding