Company Analysis

MindForge Inc. (MF)

Nasdaq: MF · Services-Computer Programming, Data Processing, Etc. · Beijing · filing with the SEC since 2021
Grade3.0
◀ Past 4.2● Present 2.2▶ Future 2.9
2 est.

Income statement, as filed

In US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in June.
Income statement, by fiscal year, newest first
Fiscal yearFY 2026FY 2025FY 2024FY 2023FY 2022
Period endingJun 30, 2026Jun 30, 2025Jun 30, 2024Jun 30, 2023Jun 30, 2022
Report filedOct 26, 2026Oct 24, 2025Oct 30, 2024··
Revenue14,856,82929,674,53451,600,10694,318,71086,676,865
Cost of revenue14,937,52029,422,84750,905,78492,704,16585,205,689
Gross profit-80,691251,687694,3221,614,5451,471,176
Research and development812,587····
General and administrative2,025,1601,143,399r1,567,2171,460,6421,344,529
Total operating expenses14,510,5273,357,3991,567,2171,460,6421,344,529
Operating income-14,591,218-3,105,712-872,895153,903126,647
Interest expense69733,46412,8691,269·
Interest and investment income2,067220,819259,0562,6443,479
Share of profit of equity-method investments-44,384-2,386···
Other income (expense), net2811,37320,60688,708·
Total non-operating income (expense)-18,572,684151,182266,79390,08396,863
Income before income taxes-33,163,902-2,954,530-606,102243,986223,510
Income tax expense-51,051-236,013142,44038,075272,532
Net income-33,112,851-2,718,517-748,542205,911-49,022
Earnings per share, basic·-9.32r-11.86r4.00rb0.00b
Earnings per share, diluted·-9.32r-11.86r4.00rb0.00
Weighted average shares, basic·291,781r63,125r60,000rb57,828b
Weighted average shares, diluted·291,781r63,125r60,000rb57,828b
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.Share counts and per-share figures are on the newest report's basis, after the 1-for-25 reverse split.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldus-gaap:Revenues
Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfRevenue
Gross profit revenue less the cost of what it soldus-gaap:GrossProfit
Research and development spent on inventing what it sells nextus-gaap:ResearchAndDevelopmentExpense
General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense
Total operating expenses the running costs togetherus-gaap:OperatingExpenses
Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss
Interest expense what its borrowing costus-gaap:InterestExpenseNonoperating
Interest and investment income what its cash and investments earnedus-gaap:InvestmentIncomeInterest
Share of profit of equity-method investments its share of companies it partly ownsus-gaap:IncomeLossFromEquityMethodInvestments
Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense
Total non-operating income (expense) everything outside the business, togetherus-gaap:NonoperatingIncomeExpense
Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic
Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
SI Assistanton MF · research, not advice