MindForge Inc. (MF)

MindForge Balance Sheet

Financials in millions USD. Fiscal year is July - June.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Jun 30, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021
Cash & Equivalents	9.87	11.18	4.83	1.29	1.52	0.79
Cash & Short-Term Investments	9.87	11.18	4.83	1.29	1.52	0.79
Cash Growth	-47.20%	131.32%	273.68%	-14.82%	92.49%	-16.83%
Accounts Receivable	0.03	0.23	0.4	0.26	0.28	1.09
Other Receivables	0.01	0	0.04	0.06	0.15	0.01
Receivables	0.04	0.23	9.78	0.32	0.43	1.1
Prepaid Expenses	0	0.01	0.05	0.02	0.01	0.03
Other Current Assets	7.95	3.64	2.07	2.97	20.47	0.54
Total Current Assets	17.87	15.06	16.74	4.6	22.43	2.46
Property, Plant & Equipment	6.15	5.82	0.03	0	0	0
Long-Term Investments	0.07	0.08	-	-	-	-
Other Intangible Assets	0.01	0.01	0.01	-	-	-
Long-Term Deferred Tax Assets	-	-	-	-	-	0
Long-Term Deferred Charges	-	-	-	0.25	0.47	-
Other Long-Term Assets	14.24	0.01	0.02	-	-	-
Total Assets	38.34	20.98	16.79	4.85	22.9	2.46

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Jun 30, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021
Accounts Payable	0.08	0.2	0.72	0.57	-	1.66
Accrued Expenses	0.05	0.03	0.05	0.04	0.06	0.03
Short-Term Debt	-	0.39	0.7	0.14	-	-
Current Portion of Leases	-	0.01	0.01	-	-	-
Current Income Taxes Payable	0.59	0.63	0.87	0.72	0.73	0.5
Current Unearned Revenue	-	-	-	1.78	20.9	0.06
Other Current Liabilities	0.15	0.21	0.57	0.52	0.31	0.14
Total Current Liabilities	0.87	1.47	2.91	3.78	21.99	2.39
Long-Term Leases	-	-	0.01	-	-	-
Long-Term Deferred Tax Liabilities	0	0	0	-	-	-
Other Long-Term Liabilities	0.5	0.49	-	-	-	-
Total Liabilities	1.37	1.96	2.92	3.78	21.99	2.39

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Jun 30, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021
Common Stock	0.05	0.03	0	0	0	0
Additional Paid-In Capital	50.33	22.41	14.58	1.04	1.04	0.15
Retained Earnings	-13.56	-3.38	-0.66	0.09	-0.12	-0.07
Comprehensive Income & Other	0.15	-0.05	-0.04	-0.06	-0.01	-0
Shareholders' Equity	36.97	19.02	13.87	1.07	0.91	0.08
Total Liabilities & Equity	38.34	20.98	16.79	4.85	22.9	2.46

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Jun 30, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021
Total Debt	-	0.4	0.72	0.14	-	-
Net Cash (Debt)	9.87	10.79	4.12	1.16	1.52	0.79
Net Cash Growth	-44.80%	161.92%	256.42%	-23.93%	92.49%	68.00%
Net Cash Per Share	12.02	36.96	65.23	19.26	26.26	21.04
Filing Date Shares Outstanding	1.21	1.21	0.07	0.06	0.06	0.06
Total Common Shares Outstanding	1.21	0.83	0.07	0.06	0.06	0.04
Working Capital	17	13.59	13.83	0.82	0.43	0.07
Book Value Per Share	30.52	22.88	205.54	17.85	15.18	2.01
Tangible Book Value	36.96	19.01	13.87	1.07	0.91	0.08
Tangible Book Value Per Share	30.51	22.87	205.46	17.85	15.18	2.01
Machinery	-	-	-	-	-	0

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Dec 31, 2025

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every six months for this company.

Update frequency:

Semi-annually

Last checked:

Aug 30, 2026

Data Sources Report a data error