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MYND · Mynd.ai, Inc.
MYNDNYSE_AMERICANotherCurrentCIK 1708441Updated Sep 26, 2026
Name history
Gravitas Education Holdings, Inc. · through Dec 13, 2023RYB Education, Inc. · through May 24, 2022
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AMEX:MYND on TradingView ↗In the news
Mynd.ai Completes the Acquisition of Award-Winning AI Voice and Remote Control Technology News provided by Mynd.ai Sep 09, 2025, 08:00 ET Share this article Share to X Share this article Share to X SEATTLE , Sept. 9, 2025 /PRNewswire/ -- Mynd.ai, Inc. ("Mynd" or the "Company") (NYSE American: MYND) ↗
Recent filings
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Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 182,527,000Source | 252,619,000Source | 404,390,000Source | 40,842,000Source |
| Property, Plant and Equipment, NetUSD | 11,767,000Source | 14,595,000Source | 11,878,000Source | 4,780,000Source |
| GoodwillUSD | 44,961,000Source | 44,130,000Source | 46,924,000Source | — |
| Intangible Assets, Net (Excluding Goodwill)USD | 36,185,000Source | 39,521,000Source | 51,450,000Source | 5,647,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 18,481,000Source | 75,317,000Source | 91,784,000Source | 20,510,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 24,849,000Source | 30,506,000Source | 63,865,000Source | 658,000Source |
| Inventory, NetUSD | 29,713,000Source | 28,638,000Source | 53,098,000Source | 96,000Source |
| Assets, CurrentUSD | 84,109,000Source | 147,623,000Source | 226,172,000Source | 22,459,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 7,971,000Source | 11,601,000Source | 14,666,000Source | 691,000Source |
| Operating Lease, Right-of-Use AssetUSD | 2,073,000Source | 3,448,000Source | 7,491,000Source | 5,559,000Source |
| Other Assets, NoncurrentUSD | 3,345,000Source | 3,268,000Source | 4,094,000Source | 1,354,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 200,029,000Source | 224,254,000Source | 278,832,000Source | 15,755,000Source |
| Commitments and ContingenciesUSD | — | — | — | 0Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 465,000Source | 456,000Source | 456,000Source | 29,000Source |
| Additional Paid in CapitalUSD | 487,481,000Source | 479,480,000Source | 473,590,000Source | 87,540,000Source |
| Retained Earnings (Accumulated Deficit)USD | -508,642,000Source | -454,573,000Source | -353,890,000Source | -56,152,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | 3,648,000Source | 3,344,000Source | 3,513,000Source | -523,000Source |
| Stockholders' Equity Attributable to ParentUSD | -17,502,000Source | 28,365,000Source | 123,669,000Source | 23,449,000Source |
| Liabilities and EquityUSD | 182,527,000Source | 252,619,000Source | 404,390,000Source | 40,842,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 110,224,000Source | 130,073,000Source | 178,562,000Source | 8,724,000Source |
| Operating Lease, Liability, CurrentUSD | 1,011,000Source | 1,047,000Source | 4,412,000Source | 2,928,000Source |
| Accounts Payable, CurrentUSD | 37,947,000Source | 40,485,000Source | — | — |
| Operating Lease, Liability, NoncurrentUSD | 1,751,000Source | 2,761,000Source | 3,412,000Source | 2,468,000Source |
| Deferred Income Tax Liabilities, NetUSD | 9,000,000Source | 9,756,000Source | 1,317,000Source | 959,000Source |
| Other Liabilities, NoncurrentUSD | — | — | 4,250,000Source | 3,604,000Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | — | 0Source | 1,889,000Source | 1,638,000Source |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | 34,836,000Source | 45,959,000Source | 45,389,000Source | 1,054,000Source |
| Deferred Tax Liabilities, NetUSD | 8,913,000Source | 9,722,000Source | 12,620,000Source | — |
| Long-term Debt, Excluding Current MaturitiesUSD | — | — | 101,471,000Source | — |
| Long-term Debt, Current MaturitiesUSD | 2,897,000Source | 10,931,000Source | 31,942,000Source | — |
| Long-term Debt, Excluding Current MaturitiesUSD | 61,083,000Source | 58,077,000Source | — | — |
| Redeemable Noncontrolling Interest, Equity, Carrying AmountUSD | — | — | — | 111,000Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | -54,071,000Source | -95,752,000Source | -37,831,000Source | -24,642,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 8,995,000Source | 5,698,000Source | 5,124,000Source | — |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 2,883,000Source | 3,698,000Source | — | 272,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | -14,404,000Source | -33,365,000Source | -1,361,000Source | -69,000Source |
| Increase (Decrease) in InventoriesUSD | 924,000Source | -25,251,000Source | -54,615,000Source | -20,000Source |
| Increase (Decrease) in Accounts PayableUSD | -3,813,000Source | -17,675,000Source | -23,201,000Source | — |
| Deferred Income Tax Expense (Benefit)USD | -807,000Source | 67,669,000Source | -10,307,000Source | -808,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -45,503,000Source | 786,000Source | -2,225,000Source | 2,454,000Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | 0Source | 0Source | -16,138,000Source | — |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -2,605,000Source | 4,310,000Source | 19,334,000Source | -6,335,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 94,000Source | 1,283,000Source | 389,000Source | 1,675,000Source |
| Cash flows from financing activities: | ||||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | 221,000Source | — | — | — |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -8,413,000Source | -22,631,000Source | 44,437,000Source | -5,686,000Source |
| Payments of Ordinary Dividends, Common StockUSD | — | — | — | 4,203,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | — | — | — | -9,762,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 18,481,000Source | 75,317,000Source | 91,784,000Source | 31,168,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 3,458,000Source | 5,387,000Source | 5,223,000Source | — |
| Income Taxes Paid, NetUSD | 1,357,000Source | 1,397,000Source | 914,000Source | 303,000Source |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | — | — | — | -195,000Source |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | 2,883,000Source | 3,698,000Source | — | — |
| Amortization of Debt Issuance Costs and DiscountsUSD | — | — | 156,000Source | — |
| Amortization of Intangible AssetsUSD | — | 4,166,000Source | 4,223,000Source | 1,121,000Source |
| DepreciationUSD | — | — | 901,000Source | 971,000Source |
| Derivative, Gain (Loss) on Derivative, NetUSD | 2,777,000Source | 11,389,000Source | 432,000Source | — |
| Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of TaxUSD | 0Source | 8,725,000Source | -823,000Source | 30,537,000Source |
| Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, Net of TaxUSD | — | — | — | 2,776,000Source |
| Equity Method Investment, Other than Temporary ImpairmentUSD | — | — | — | 0Source |
| Gain (Loss) on Derivative Instruments, Net, PretaxUSD | 2,777,000Source | 11,389,000Source | — | — |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber PropertyUSD | -260,000Source | — | — | — |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | — | — | -8,000Source | -20,000Source |
| Gain (Loss) on Extinguishment of DebtUSD | — | 0Source | 0Source | — |
| General and Administrative ExpenseUSD | 26,514,000Source | 33,427,000Source | 31,319,000Source | 6,027,000Source |
| GoodwillUSD | 44,961,000Source | 44,130,000Source | 46,924,000Source | — |
| Goodwill and Intangible Asset ImpairmentUSD | 0Source | 0Source | 0Source | — |
| Goodwill, Impairment LossUSD | — | — | — | 19,156,000Source |
| Impairment of Intangible Assets (Excluding Goodwill)USD | — | — | — | 3,505,000Source |
| Impairment of Intangible Assets, Finite-livedUSD | — | 0Source | 0Source | 1,365,000Source |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill)USD | — | — | — | 2,140,000Source |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | -54,071,000Source | -104,477,000Source | -37,041,000Source | — |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | -54,071,000Source | -104,477,000Source | -37,008,000Source | -79,196,000Source |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | 0Source | 8,725,000Source | -823,000Source | 33,313,000Source |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to ParentUSD | 0Source | 8,758,000Source | — | — |
| Income (Loss) from Equity Method InvestmentsUSD | — | — | — | -8,000Source |
| Income Tax Expense (Benefit)USD | -384,000Source | 68,732,000Source | -9,156,000Source | -789,000Source |
| InterestExpenseNonoperatingUSD | 10,050,000Source | 10,371,000Source | — | — |
| Inventory Write-downUSD | 825,000Source | 0Source | — | 79,000Source |
| Investment Income, InterestUSD | — | — | — | 30,000Source |
| Net Income (Loss) Attributable to ParentUSD | -54,071,000Source | -95,719,000Source | -37,864,000Source | — |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 0Source | -33,000Source | — | -2,472,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -54,071,000Source | -95,719,000Source | -37,864,000Source | -22,170,000Source |
| Nonoperating Income (Expense)USD | -4,359,000Source | 2,293,000Source | -2,411,000Source | — |
| Operating ExpensesUSD | 85,384,000Source | 104,279,000Source | 146,894,000Source | 29,116,000Source |
| Operating Lease, Impairment LossUSD | — | — | 0Source | — |
| Other Nonoperating Income (Expense)USD | 2,087,000Source | -1,384,000Source | 2,250,000Source | — |
| Provision for Loan, Lease, and Other LossesUSD | — | — | — | 23,377,000Source |
| Revenue from Contract with Customer, Including Assessed TaxUSD | — | — | — | 30,752,000Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 167,931,000Source | 267,381,000Source | 413,564,000Source | — |
| Cost of RevenueUSD | 132,643,000Source | 201,140,000Source | 310,423,000Source | 28,779,000Source |
| Operating Income (Loss)USD | -50,096,000Source | -38,038,000Source | -43,753,000Source | -27,143,000Source |
| Other Nonoperating Income (Expense)USD | 2,087,000Source | -1,384,000Source | 2,250,000Source | — |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -54,455,000Source | -35,745,000Source | -46,164,000Source | -25,431,000Source |
| Income Tax Expense (Benefit)USD | -384,000Source | 68,732,000Source | -9,156,000Source | -789,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 0Source | -33,000Source | — | -2,472,000Source |
| Net Income (Loss) Attributable to ParentUSD | -54,071,000Source | -95,719,000Source | -37,864,000Source | — |
| Earnings Per Share, BasicUSD per share | -0.12Source | -0.21Source | -0.09Source | -0.78Source |
| Earnings Per Share, DilutedUSD per share | -0.12Source | -0.21Source | -0.09Source | -0.78Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 456,830,533Source | 456,471,923Source | 427,986,755Source | 28,291,887Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 456,830,533Source | 456,471,923Source | 427,986,755Source | 28,291,887Source |
| Interest Expense (non-operating)USD | 10,050,000Source | 10,371,000Source | — | — |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | — | 4,166,000Source | 4,223,000Source | 1,121,000Source |
| Business Combination, Acquisition Related CostsUSD | 304,000Source | 0Source | 19,288,000Source | — |
| Current Income Tax Expense (Benefit)USD | 423,000Source | 1,063,000Source | 1,151,000Source | -2,000Source |
| Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, Net of TaxUSD | — | — | — | 2,776,000Source |
| Gain (Loss) on Derivative Instruments, Net, PretaxUSD | 2,777,000Source | 11,389,000Source | — | — |
| General and Administrative ExpenseUSD | 26,514,000Source | 33,427,000Source | 31,319,000Source | 6,027,000Source |
| Goodwill, Impairment LossUSD | — | — | — | 19,156,000Source |
| Gross ProfitUSD | 35,288,000Source | 66,241,000Source | 103,141,000Source | 1,973,000Source |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | -54,071,000Source | -104,477,000Source | -37,041,000Source | — |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | -30,178,000Source | — | — | — |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | -54,071,000Source | -104,477,000Source | -37,008,000Source | -79,196,000Source |
| Income (Loss) from Continuing Operations, Per Basic ShareUSD per share | -0.12Source | -0.23Source | -0.09Source | -2.7Source |
| Income (Loss) from Continuing Operations, Per Diluted ShareUSD per share | -0.12Source | -0.23Source | -0.09Source | -2.7Source |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | 0Source | 8,725,000Source | -823,000Source | 33,313,000Source |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to ParentUSD | 0Source | 8,758,000Source | — | — |
| Income (Loss) from Equity Method InvestmentsUSD | — | — | — | -8,000Source |
| Interest ExpenseUSD | — | — | 4,661,000Source | — |
| Interest Income, OtherUSD | 827,000Source | 2,659,000Source | — | — |
| Investment Income, InterestUSD | — | — | — | 30,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -54,071,000Source | -95,719,000Source | -37,864,000Source | -22,170,000Source |
| Net Income (Loss) from Continuing Operations Available to Common Shareholders, BasicUSD | -54,071,000Source | -104,477,000Source | -37,041,000Source | -22,170Source |
| Nonoperating Income (Expense)USD | -4,359,000Source | 2,293,000Source | -2,411,000Source | — |
| Operating ExpensesUSD | 85,384,000Source | 104,279,000Source | 146,894,000Source | 29,116,000Source |
| Research and Development ExpenseUSD | 12,828,000Source | 25,253,000Source | 34,604,000Source | — |
| Revenue from Contract with Customer, Including Assessed TaxUSD | — | — | — | 30,752,000Source |
| Selling and Marketing ExpenseUSD | 38,915,000Source | 42,115,000Source | 51,488,000Source | — |
| Selling ExpenseUSD | — | — | — | 428,000Source |