UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549


                                    FORM 8-K


                             CURRENT REPORT PURSUANT
                          TO SECTION 13 OR 15(D) OF THE
                         SECURITIES EXCHANGE ACT OF 1934


         Date of report (Date of earliest event reported) July 28, 2005
                                                          -------------

                                   iCAD, INC.
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             (Exact Name of Registrant as Specified in Its Charter)

                                    Delaware
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                 (State or Other Jurisdiction of Incorporation)

         1-9341                                          02-0377419
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(Commission File Number)                       (IRS Employer Identification No.)


4 Townsend West, Suite 17, Nashua, New Hampshire                   03063
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    (Address of Principal Executive Offices)                    (Zip Code)

                                 (603) 882-5200
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              (Registrant's Telephone Number, Including Area Code)


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          (Former Name or Former Address, if Changed Since Last Report)

     Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):

     |_| Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)

     |_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17
CFR 240.14a-12)

     |_| Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))

     |_| Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))




Item 2.02 Results of Operations and Financial Condition.

     On July 28, 2005 iCAD, Inc. (the "Company") issued a press release
announcing its financial results for the fiscal quarter and six months ended
June 30, 2005. A copy of the Company's press release is attached hereto as
Exhibit 99.1 and is incorporated herein by reference.




                                   SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.


                                   iCAD, INC.
                                   (Registrant)


                                   By:  /s/ Annette Heroux
                                        Annette Heroux
                                        Vice President of Finance, Chief 
                                        Financial Officer


Date:  August 3, 2005





                                  EXHIBIT INDEX

Exhibit No.         Description of Document

99.1                Press Release of iCAD, Inc. dated July 28, 2005 announcing 
                    financial results for the fiscal quarter and six months 
                    ended June 30, 2005.