ICAD — Stock Film
STOCK FILMSCENE 1/11ICAD · $3.87
Stock Expert AI presents
ICAD
iCAD, Inc
~4 min film100% real numbers0 jargon
WHAT DOES THIS COMPANY DO?
iCAD, Inc. A quick introduction.

On the stock market since 1984, it operates in the world of health and science. It has 66 employees. Now — the numbers.

on the stock market since 1984
66 employees
$106.3M market value
Revenue last year:
$0
The loss that same year:
$0
For every $1 it earns, the company spends $1.3.

The company closed last year at a loss: costs ran above sales. The picture changes only if spending is reined in.

WHERE DOES THE MONEY COME FROM?
58%Services and Support
Services and Support 58%Subscription Term Licenses 40%Cloud Subscriptions 2%
58% of all revenue comes from a single line: Services and Support.

That much dependence is a risk in itself: if this one line weakens, the whole company feels it directly.

THE SALES TREND
Sales have been shrinking.

An average decline of 10% a year over the last 4 years — the most striking risk in this picture. Red columns mark years that ended in a loss.

$29.7M
2020
$33.6M
2021
$27.9M
2022
$17.3M
2023
$19.6M
2024
In the vault right now:
$0
DEBT: $362K
At this pace, that money lasts about 3.1 years.

Before the clock runs out, either sales must climb sharply or new money must come in. For now, time is on the company’s side.

THE COUNCIL REVIEW
9

angles, checked one by one.

The 4 that stand out are on screen; the rest came back neutral.

The council scores out of 10; report-card grades are out of 100.

STRENGTHS
Heavy investment in the future10/10
WEAK SPOTS
The stock has lost its spark0/10
Growth has stalled4/10
Costs eat into the margin4/10
WORTH WATCHING

Revenue Growth: Sales are growing slowly.

THE FIVE-YEAR JOURNEY
A long and steep decline.

An investor who bought at the very peak is down 82% today. The business is the same; what changed most is the price — and the expectations — the market pins on it.

1
THE BRIGHT SIDE · 1/3
Sales are holding up

The company sells $19.6M a year; the problem isn’t sales — it’s costs running above that number.

2
THE BRIGHT SIDE · 2/3
Strong cash, light debt

There is $17.2M in the vault; even if every debt were paid off, $16.8M would remain.

3
THE BRIGHT SIDE · 3/3
Delivers on expectations

It met or beat analyst expectations in 7 of the last 8 quarters — consistency is a promise kept.

1
THE RISKS · 1/2
Small sales, big loss

A loss of $5.6M against $19.6M in annual sales.

2
THE RISKS · 2/2
Executives lean toward selling

Over the last 12 months, executives reported 72 sells against just 13 buys. Not an alarm bell by itself, but a number worth watching.

FINALE · THE GRADE
C
0 / 100 · MoonshotScore

On our five-subject report card, ICAD sits in the middle of the class: some subjects shine, others don’t. The grade moves as the numbers move.

The takeaway: ICAD is a small company that closed last year at a loss. The road back to profit runs through spending discipline.

What would you like to do next?
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This was a film — not investment advice.
Data: FMP & company filings
Aug 21, 2026 · stockexpertai.com · Stock Film