A Study of Spectral Variability Between Flaring and Nonflaring State in M74 X-1

We conducted an extensive long-term spectral and timing study of the ultraluminous X-ray (ULX) source M74 X-1, using data taken between 2001 and 2021 by Chandra and XMM-Newton X-ray observatories. Our analysis shows that flares are present in some observations, whereas they are absent in others. The flaring state exhibits two-component spectra at a lower average flux level, whereas the nonflaring state displays single-component spectra at a higher average flux level. The M74 X-1 spectra are best described by the combination of accretion disk and Comptonization components, dual thermal disk blackbody model, and a modified multitemperature disk blackbody model. Using the dual thermal disk blackbody model, we obtain cool and hot temperatures of T in (cool) = 0.3 8 − 0.06 + 0.08 keV and T in (hot) = 1.6 7 − 0.13 + 0.18 keV, respectively, suggesting two temperature emitting regions and indicating possible presence of outflowing wind along with the accretion disk. We found a Gaussian feature at E line = 0.9 6 − 0.11 + 0.05 keV with σ = 0.1 1 − 0.06 + 0.13 keV in the spectra of the flaring state, which can be interpreted as the unresolved wind feature in the system when compared to similar feature seen in other ULX sources. Plotting the hardness luminosity diagram, we get a trend of increasing hardness with luminosity, suggesting the presence of geometrical beaming in a low-inclination system. Additionally, using the hot disk blackbody component from the dual thermal disk blackbody model, we estimate the mass of the compact object to be M = 7 . 1 − 1.3 + 1.4 M ⊙ , classifying it as a stellar-mass black hole and confirming super-Eddington accretion in the system.