NYSEAMERICAN : MYND
Mynd.ai, Inc. — Financial statements
Consumer Staples · Education & Training Services · United States
Last price 0.3874 USD (Oct 30, 2026, 4:00 PM EST) · Market cap 18.26M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Mynd.ai, Inc. (MYND) reported revenue of 152.03M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 152.03M | 167.93M | 267.38M | 411.76M | 584.68M | 448.19M |
| Cost of Revenue | 118.59M | 132.64M | 201.14M | 311.27M | 443.60M | 323.12M |
| Gross Profit | 33.44M | 35.29M | 66.24M | 100.48M | 141.09M | 125.07M |
| Selling, General & Admin | 54.71M | 65.43M | 75.54M | 82.44M | 95.46M | 91.84M |
| Research & Development | 9.93M | 12.83M | 25.25M | 34.60M | 41.46M | 35.59M |
| Operating Expenses | 64.65M | 78.26M | 100.80M | 117.05M | 136.91M | 127.44M |
| Operating Income | -31.21M | -42.97M | -34.55M | -16.56M | 4.17M | -2.37M |
| Interest Expense | -10.28M | -10.05M | -10.37M | -4.66M | -1.83M | -173.00K |
| Interest & Investment Income | 220.00K | 827.00K | 2.66M | 223.00K | 6.00K | |
| Other Non Operating Income (Expenses) | -702.00K | 4.86M | 10.01M | 2.03M | 591.00K | -2.25M |
| EBT Excluding Unusual Items | -41.97M | -47.33M | -32.26M | -18.96M | 2.94M | -4.79M |
| Merger & Restructuring Charges | -3.71M | -7.13M | -3.48M | -29.48M | -740.00K | -469.00K |
| Other Unusual Items | 4.92M | 13.90M | ||||
| Pretax Income | -45.67M | -54.45M | -35.74M | -48.45M | 7.12M | 8.64M |
| Income Tax Expense | -345.00K | -384.00K | 68.73M | -9.66M | -25.98M | 1.79M |
| Earnings From Continuing Operations | -45.33M | -54.07M | -104.48M | -38.79M | 33.10M | 6.86M |
| Earnings From Discontinued Operations | 8.76M | -638.00K | -12.64M | -7.96M | ||
| Net Income | -45.33M | -54.07M | -95.72M | -39.43M | 20.46M | -1.10M |
| Net Income to Common | -45.33M | -54.07M | -95.72M | -39.43M | 20.46M | -1.10M |
| Shares Outstanding (Basic) | 46.30M | 45.68M | 45.65M | 42.80M | 42.64M | 42.64M |
| Shares Outstanding (Diluted) | 46.30M | 45.68M | 45.65M | 42.80M | 42.64M | 42.64M |
| EPS (Basic) | -0.98 | -1.18 | -2.10 | -0.92 | 0.48 | -0.03 |
| EPS (Diluted) | -0.98 | -1.18 | -2.10 | -0.92 | 0.48 | -0.03 |
| Free Cash Flow | -30.80M | -45.60M | -497.00K | -2.75M | -6.10M | -23.10M |
| Free Cash Flow Per Share | -0.67 | -1.00 | -0.01 | -0.06 | -0.14 | -0.54 |
| Gross Margin | 22.00% | 21.01% | 24.77% | 24.40% | 24.13% | 27.91% |
| Operating Margin | -20.53% | -25.59% | -12.92% | -4.02% | 0.71% | -0.53% |
| Profit Margin | -29.82% | -32.20% | -35.80% | -9.58% | 3.50% | -0.25% |
| Free Cash Flow Margin | -20.26% | -27.15% | -0.19% | -0.67% | -1.04% | -5.15% |
| EBITDA | -24.03M | -33.97M | -28.86M | -11.59M | 8.69M | 3.75M |
| EBITDA Margin | -15.81% | -20.23% | -10.79% | -2.81% | 1.49% | 0.84% |
| D&A For EBITDA | 7.18M | 8.99M | 5.70M | 4.97M | 4.52M | 6.12M |
| EBIT | -31.21M | -42.97M | -34.55M | -16.56M | 4.17M | -2.37M |
| EBIT Margin | -20.53% | -25.59% | -12.92% | -4.02% | 0.71% | -0.53% |
| Effective Tax Rate | 20.67% | |||||
| Advertising Expenses | 3.68M | 3.71M | 7.21M | 11.34M | 8.51M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 7.04M | 18.48M | 75.32M | 87.80M | 29.31M | |
| Cash & Short-Term Investments | 7.04M | 18.48M | 75.32M | 87.80M | 29.31M | |
| Accounts Receivable | 26.63M | 24.85M | 30.51M | 63.74M | 61.06M | |
| Other Receivables | 3.31M | 2.92M | 4.58M | 4.66M | 3.85M | |
| Receivables | 29.94M | 27.77M | 35.09M | 68.40M | 72.83M | |
| Inventory | 23.03M | 29.71M | 28.64M | 53.94M | 111.23M | |
| Prepaid Expenses | 2.03M | 1.86M | 3.40M | 5.70M | 9.50M | |
| Other Current Assets | 6.40M | 6.28M | 5.18M | 11.32M | 5.03M | |
| Total Current Assets | 68.45M | 84.11M | 147.62M | 227.16M | 227.89M | |
| Property, Plant & Equipment | 11.74M | 13.84M | 18.04M | 9.45M | 6.11M | |
| Goodwill | 44.62M | 44.96M | 44.13M | 44.93M | 42.05M | |
| Other Intangible Assets | 36.15M | 36.19M | 39.52M | 43.70M | 48.00M | |
| Long-Term Deferred Tax Assets | 89.00K | 87.00K | 34.00K | 58.03M | 44.63M | |
| Other Long-Term Assets | 3.26M | 3.35M | 3.27M | 23.76M | 107.00K | |
| Total Assets | 164.31M | 182.53M | 252.62M | 407.04M | 368.78M | |
| Accounts Payable | 32.06M | 37.95M | 40.48M | 59.14M | 81.47M | |
| Accrued Expenses | 20.92M | 29.07M | 38.73M | 44.08M | 46.11M | |
| Short-Term Debt | 2.90M | 10.85M | 31.75M | 47.84M | ||
| Current Portion of Long-Term Debt | 82.00K | 194.00K | 192.00K | |||
| Current Portion of Leases | 896.00K | 1.01M | 1.05M | 1.62M | 1.79M | |
| Current Unearned Revenue | 12.06M | 12.27M | 11.28M | 14.00M | 10.15M | |
| Other Current Liabilities | 42.04M | 27.03M | 27.59M | 35.39M | 19.10M | |
| Total Current Liabilities | 107.98M | 110.22M | 130.07M | 186.17M | 206.65M | |
| Long-Term Debt | 64.26M | 61.08M | 63.08M | 69.53M | 4.72M | |
| Long-Term Leases | 1.65M | 1.75M | 2.76M | 1.03M | 1.63M | |
| Long-Term Unearned Revenue | 18.09M | 17.97M | 18.58M | 21.76M | 17.69M | |
| Long-Term Deferred Tax Liabilities | 9.00M | 9.00M | 9.76M | |||
| Other Long-Term Liabilities | 7.95M | 1.08M | ||||
| Total Liabilities | 200.99M | 200.03M | 224.25M | 286.44M | 231.77M | |
| Common Stock | 474.00K | 465.00K | 456.00K | 456.00K | 426.00K | |
| Additional Paid-In Capital | 488.27M | 487.48M | 479.48M | 473.59M | 448.06M | |
| Retained Earnings | -528.79M | -508.64M | -454.57M | -358.85M | -316.03M | |
| Treasury Stock | -454.00K | -454.00K | -342.00K | |||
| Comprehensive Income & Other | 3.81M | 3.65M | 3.34M | 3.51M | 4.55M | |
| Total Common Equity | -36.69M | -17.50M | 28.36M | 118.70M | 137.01M | |
| Minority Interest | 1.89M | |||||
| Shareholders' Equity | -36.69M | -17.50M | 28.36M | 120.59M | 137.01M | |
| Total Liabilities & Equity | 164.31M | 182.53M | 252.62M | 407.04M | 368.78M | |
| Total Debt | 66.81M | 66.74M | 77.82M | 104.12M | 56.17M | |
| Net Cash (Debt) | -59.77M | -48.26M | -2.50M | -16.32M | -26.86M | |
| Net Cash Per Share | -1.29 | -1.06 | -0.05 | -0.38 | -0.63 | |
| Filing Date Shares Outstanding | 47.14M | 46.78M | 45.50M | 45.65M | 42.64M | 42.64M |
| Total Common Shares Outstanding | 47.14M | 46.22M | 45.50M | 45.65M | 42.64M | 42.64M |
| Working Capital | -39.54M | -26.11M | 17.55M | 40.99M | 21.25M | |
| Book Value Per Share | -0.78 | -0.38 | 0.62 | 2.60 | 3.21 | |
| Tangible Book Value | -117.46M | -98.65M | -55.29M | 30.08M | 46.97M | |
| Tangible Book Value Per Share | -2.49 | -2.13 | -1.22 | 0.66 | 1.10 | |
| Buildings | 48.00K | 245.00K | 338.00K | 1.69M | 1.68M | |
| Machinery | 8.83M | 15.11M | 20.80M | 19.58M | 18.49M | |
| Construction In Progress | 1.56M | 1.26M | 2.85M | 3.87M | 1.08M | |
| Leasehold Improvements | 285.00K | 285.00K | 285.00K | 132.00K | 133.00K |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -45.33M | -54.07M | -95.72M | -39.43M | 20.46M | -1.10M |
| Depreciation & Amortization | 7.18M | 8.99M | 5.70M | 4.97M | 4.52M | 6.12M |
| Other Amortization | 5.67M | |||||
| Loss (Gain) From Sale of Assets | 260.00K | 260.00K | 94.00K | |||
| Asset Writedown & Restructuring Costs | 1.55M | |||||
| Stock-Based Compensation | 2.81M | 2.88M | 3.70M | |||
| Other Operating Activities | 5.04M | 2.79M | 53.01M | -6.21M | -12.93M | 6.19M |
| Change in Accounts Receivable | 13.09M | 14.40M | 33.37M | -679.00K | 25.35M | -46.25M |
| Change in Inventory | 3.91M | -924.00K | 25.25M | 54.73M | -20.00M | -57.39M |
| Change in Accounts Payable | -4.44M | -3.81M | -17.68M | -23.65M | -1.82M | 54.79M |
| Change in Unearned Revenue | 156.00K | 4.00K | -5.74M | 6.97M | 7.78M | 3.43M |
| Change in Other Net Operating Assets | -13.35M | -16.03M | -2.76M | -1.63M | -16.55M | 19.09M |
| Operating Cash Flow | -30.67M | -45.50M | 786.00K | -2.36M | -5.27M | -21.90M |
| Capital Expenditures | -124.00K | -94.00K | -1.28M | -389.00K | -829.00K | -1.19M |
| Cash Acquisitions | 10.38M | -6.00M | ||||
| Divestitures | 20.00M | |||||
| Sale (Purchase) of Intangibles | -1.88M | -2.51M | -8.46M | -4.43M | -1.03M | |
| Other Investing Activities | -5.94M | 13.78M | -7.92M | |||
| Investing Cash Flow | -2.00M | -2.60M | 4.31M | 19.33M | -15.78M | -1.19M |
| Long-Term Debt Issued | 8.00M | 17.00M | 127.10M | 63.87M | 58.78M | |
| Long-Term Debt Repaid | -16.08M | -38.19M | -80.49M | -52.52M | -33.32M | |
| Net Debt Issued (Repaid) | 10.64M | -8.08M | -21.19M | 46.61M | 11.35M | 25.46M |
| Repurchase of Common Stock | -345.00K | -331.00K | -342.00K | |||
| Other Financing Activities | -1.10M | -2.17M | ||||
| Financing Cash Flow | 10.29M | -8.41M | -22.63M | 44.44M | 11.35M | 25.46M |
| Foreign Exchange Rate Adjustments | 361.00K | -315.00K | 1.07M | 1.06M | -1.50M | 328.00K |
| Net Cash Flow | -22.02M | -56.84M | -16.47M | 62.47M | -11.20M | 2.69M |
| Free Cash Flow | -30.80M | -45.60M | -497.00K | -2.75M | -6.10M | -23.10M |
| Free Cash Flow Margin | -20.26% | -27.15% | -0.19% | -0.67% | -1.04% | -5.15% |
| Free Cash Flow Per Share | -0.67 | -1.00 | -0.01 | -0.06 | -0.14 | -0.54 |
| Levered Free Cash Flow | 271.25K | -28.96M | 4.11M | 47.56M | ||
| Unlevered Free Cash Flow | 6.69M | -22.68M | 10.59M | 50.47M | ||
| Cash Interest Paid | 5.01M | 3.46M | 5.39M | 5.22M | ||
| Cash Income Tax Paid | -1.36M | -1.40M | -914.00K | -969.00K | 6.42M | |
| Change in Working Capital | -630.00K | -6.36M | 32.44M | 35.74M | -5.25M | -26.33M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 16.24M | 19.95M | 91.30M | 251.99M | ||
| Enterprise Value | 76.01M | 60.83M | 115.48M | |||
| Last Close Price | 0.39 | 0.44 | 2.00 | 5.54 | ||
| PS Ratio | 0.11 | 0.12 | 0.34 | 0.61 | ||
| PB Ratio | -1.14 | 3.22 | 2.09 | |||
| P/TBV Ratio | 8.38 | |||||
| P/OCF Ratio | 116.15 | |||||
| EV/Sales Ratio | 0.51 | 0.36 | 0.43 | |||
| Debt / Equity Ratio | -1.82 | -3.81 | 2.74 | 0.86 | 0.41 | |
| Debt / EBITDA Ratio | 5.29 | |||||
| Net Debt / Equity Ratio | -1.63 | -2.76 | 0.09 | 0.14 | 0.20 | |
| Net Debt / EBITDA Ratio | -2.49 | -1.42 | -0.09 | -1.41 | 3.09 | |
| Net Debt / FCF Ratio | -1.94 | -1.06 | -5.04 | -5.94 | -4.40 | |
| Asset Turnover | 0.81 | 0.77 | 0.81 | 1.06 | ||
| Inventory Turnover | 4.58 | 4.55 | 4.87 | 3.77 | ||
| Quick Ratio | 0.34 | 0.42 | 0.85 | 0.84 | 0.46 | |
| Current Ratio | 0.63 | 0.76 | 1.14 | 1.22 | 1.10 | |
| Return on Equity (ROE) | -995.51% | -140.28% | -30.12% | |||
| Return on Assets (ROA) | -10.43% | -12.34% | -6.55% | -2.67% | ||
| Return on Invested Capital (ROIC) | -55.41% | -83.30% | -41.19% | -11.01% | 2.54% | |
| Return on Capital Employed (ROCE) | -55.40% | -59.40% | -28.20% | -7.50% | 2.60% | |
| Earnings Yield | -284.24% | -271.08% | -104.85% | -15.65% | ||
| FCF Yield | -178.93% | -228.59% | -0.54% | -1.09% | ||
| Buyback Yield / Dilution | -1.40% | -0.08% | -6.66% | -0.37% |