Mynd.ai, Inc. (MYND) Balance Sheet
MYND balance sheet, 2025
December 31, 2025 · U.S. dollars$182.5M assets = $200.0M liabilities + −$17.5M equity
Liabilities exceed assets: shareholders’ equity is negative (−$17.5M).
Both columns are drawn to the same scale: what MYND owns equals what it owes plus shareholders’ equity. Hover a block for its value.
MYND financial health
Descriptive bands, not a rating. Fiscal 2025.
MYND balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $104.4M2016 | $182.5M2025 | +6.4%/yr | |
| Total liabilities | $100.4M2016 | $200.0M2025 | +8.0%/yr | |
| Shareholders’ equity | $3.5M2016 | −$17.5M2025 | — | |
| Cash & short-term investments | $46.7M2016 | $18.5M2025 | −9.8%/yr | |
| Total debt | $87,7002016 | $66.6M2025 | +109.0%/yr | |
| Net cash (debt) | $46.6M2016 | −$48.1M2025 | −$94.7M | |
| Working capital | −$16.3M2016 | −$26.1M2025 | −$9.8M | |
| Current ratio | 0.802016 | 0.762025 | −0.03 | |
| Debt / equity | 0.032016 | 2.642024 | +2.62 |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
MYND assets
MYND liabilities and equity
MYND debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
MYND balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $18.5M | $75.3M | $91.8M | $29.3M | $33.3M | $53.5M | $69.7M | $104.1M | $158.7M | $46.7M |
| Cash & equivalents | $18.5M | $75.3M | $91.8M | $29.3M | $33.3M | $53.5M | $68.7M | $104.1M | $158.7M | $46.3M |
| Short-term investments | — | — | — | — | — | — | $1.0M | — | — | $432,000 |
| Receivables | $30.9M | $36.6M | $63.9M | $74.9M | $1.3M | $2.0M | $8.0M | $2.8M | $2.5M | $5.5M |
| Inventory | $29.7M | $28.6M | $53.1M | $111.2M | $6.1M | $5.8M | $7.4M | $5.7M | $4.0M | $3.5M |
| Other current assets | $5.0M | $7.0M | $17.4M | $12.4M | $41.5M | $8.9M | $6.4M | $9.0M | $7.6M | $8.3M |
| Total current assets | $84.1M | $147.6M | $226.2M | $227.9M | $82.3M | $70.1M | $91.6M | $121.6M | $172.8M | $64.0M |
| Property, plant & equipment (net) | $13.8M | $18.0M | $19.4M | $6.1M | $31.9M | $137.1M | $133.5M | $45.9M | $40.2M | $29.4M |
| Goodwill & intangible assets | $81.1M | $83.7M | $98.4M | $90.0M | $30.3M | $46.1M | $52.7M | $25.2M | $488,200 | $488,100 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $195,900 | $0 |
| Other non-current assets | $3.4M | $3.3M | $60.5M | $44.7M | $138.7M | $49.2M | $58.3M | $50.8M | $16.1M | $10.5M |
| Total assets | $182.5M | $252.6M | $404.4M | $368.8M | $283.1M | $302.5M | $336.1M | $243.5M | $229.7M | $104.4M |
| Liabilities | ||||||||||
| Accounts payable | $37.9M | $40.5M | $59.1M | $85.4M | $1.5M | $18.6M | $14.9M | $346,900 | $736,900 | $426,600 |
| Short-term debt | $3.9M | $12.0M | $36.4M | $49.8M | $5.6M | $16.9M | $16.5M | — | $31,500 | $56,300 |
| Deferred revenue | $12.9M | $11.9M | $15.4M | $11.2M | $10.9M | $38.5M | $37.9M | $36.2M | $34.6M | $38.0M |
| Total current liabilities | $110.2M | $130.1M | $178.6M | $206.6M | $122.4M | $128.4M | $125.9M | $108.3M | $97.0M | $80.3M |
| Long-term debt | $60.9M | $60.2M | $69.5M | $4.7M | $0 | $0 | $0 | $587,700 | $4,000 | $31,400 |
| Lease obligations | $2.8M | $3.8M | $7.8M | $3.4M | — | — | — | — | — | — |
| Other long-term liabilities | $28.9M | $34.0M | $30.7M | $20.4M | $81.6M | $96.5M | $93.5M | $19.6M | $27.4M | $20.1M |
| Total liabilities | $200.0M | $224.3M | $278.8M | $231.8M | $203.9M | $224.8M | $219.4M | $128.5M | $124.4M | $100.4M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $465,000 | $456,000 | $456,000 | $426,000 | $28,999 | $29,000 | $28,999 | $29,000 | $29,000 | $23,000 |
| Retained earnings (deficit) | −$508.6M | −$454.6M | −$353.9M | −$316.0M | −$65.6M | −$71.8M | −$33.6M | −$30.4M | −$28.9M | −$35.5M |
| Accumulated other comprehensive income | $3.6M | $3.3M | $3.5M | $4.5M | $5.4M | $3.2M | $4.2M | $3.2M | $3.5M | $2.5M |
| Minority interest | — | $0 | $1.9M | $0 | — | — | — | — | — | — |
| Total shareholders' equity | −$17.5M | $28.4M | $123.7M | $137.0M | $67.7M | $62.1M | $98.5M | $108.7M | $103.7M | $3.5M |
| Key figures | ||||||||||
| Total debt | $66.6M | $74.9M | $109.3M | $56.2M | $24.3M | $93.2M | $87.5M | $587,700 | $35,500 | $87,700 |
| Net cash (debt) | −$48.1M | $414,000 | −$17.5M | −$26.9M | $9.0M | −$39.7M | −$17.8M | $103.5M | $158.7M | $46.6M |
| Working capital | −$26.1M | $17.6M | $47.6M | $21.2M | −$40.1M | −$58.3M | −$34.3M | $13.3M | $75.8M | −$16.3M |
| Tangible book value | −$98.6M | −$55.3M | $25.3M | $47.0M | $37.5M | $16.0M | $45.8M | $83.5M | $103.3M | $3.0M |
| Current ratio | 0.76 | 1.13 | 1.27 | 1.10 | 0.67 | 0.55 | 0.73 | 1.12 | 1.78 | 0.80 |
| Quick ratio | 0.45 | 0.86 | 0.87 | 0.50 | 0.28 | 0.43 | 0.62 | 0.99 | 1.66 | 0.65 |
| Debt / equity | — | 2.64 | 0.88 | 0.41 | 0.36 | 1.50 | 0.89 | 0.01 | 0.00 | 0.03 |
| Equity / assets | −9.6% | 11.2% | 30.6% | 37.2% | 23.9% | 20.5% | 29.3% | 44.7% | 45.2% | 3.4% |
| Jun '26 | Mar '26 | Dec '25 | Jun '25 | Dec '24 | Jun '24 | Dec '23 | Dec '21 | Sep '21 | Jun '21 | Mar '19 | Dec '18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $7.0M | $18.5M | $18.5M | $29.1M | $75.3M | $69.4M | $91.8M | $65.5M | $77.7M | $72.8M | $1.2M | $1.5M |
| Cash & equivalents | $7.0M | $18.5M | $18.5M | $29.1M | $75.3M | $69.4M | $91.8M | $65.3M | $77.7M | $72.8M | $1.2M | $1.5M |
| Short-term investments | — | — | — | — | — | — | — | $215,000 | — | — | — | — |
| Receivables | $33.6M | $30.9M | $24.8M | $43.6M | $36.6M | $73.5M | $63.9M | $1.3M | $2.4M | $2.2M | $154,400 | $120,000 |
| Inventory | $23.0M | $29.7M | $29.7M | $28.7M | $28.6M | $33.7M | $53.1M | $6.1M | $6.5M | $5.8M | $0 | $0 |
| Other current assets | $4.8M | $5.0M | $11.1M | $6.2M | $7.0M | $8.9M | $17.4M | $9.3M | $8.9M | $8.1M | $190,900 | $170,700 |
| Total current assets | $68.4M | $84.1M | $84.1M | $107.6M | $147.6M | $185.4M | $226.2M | $82.3M | $95.6M | $89.0M | $1.5M | $1.8M |
| Property, plant & equipment (net) | $11.7M | $13.8M | $13.8M | $16.5M | $18.0M | $22.8M | $19.4M | $114.3M | $116.7M | $122.3M | $0 | $0 |
| Goodwill & intangible assets | $80.8M | $81.1M | $81.1M | $82.2M | $83.7M | $94.2M | $98.4M | $54.8M | $59.5M | $60.1M | $1.5M | $1.5M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $3.3M | $3.4M | $3.4M | $3.5M | $3.3M | $21.3M | $60.5M | $31.7M | $36.5M | $35.2M | $117,300 | $126,300 |
| Total assets | $164.3M | $182.5M | $182.5M | $209.8M | $252.6M | $323.8M | $404.4M | $283.1M | $308.3M | $306.5M | $3.1M | $3.4M |
| Liabilities | ||||||||||||
| Accounts payable | $32.1M | $37.9M | $37.9M | $36.8M | $40.5M | $52.2M | $59.6M | $20.9M | $20.3M | $20.8M | $970,700 | $728,800 |
| Short-term debt | $896,000 | $3.9M | — | $9.0M | $12.0M | $25.3M | $36.4M | $13.9M | $15.0M | $15.6M | $1,400 | — |
| Deferred revenue | $12.9M | $12.9M | — | $12.7M | $11.9M | $17.3M | $15.4M | $31.9M | $51.6M | $40.9M | — | — |
| Total current liabilities | $108.0M | $110.2M | $110.2M | $115.0M | $130.1M | $152.4M | $178.6M | $122.4M | $145.8M | $136.3M | $1.9M | $1.6M |
| Long-term debt | $64.1M | $0 | $60.9M | $57.9M | $60.2M | $62.5M | $69.5M | $0 | $0 | $0 | $606,500 | $597,100 |
| Lease obligations | $2.5M | — | $2.8M | $3.4M | $3.8M | $8.0M | $7.8M | — | — | — | — | — |
| Other long-term liabilities | $28.9M | $89.8M | $28.9M | $31.0M | $34.0M | $30.1M | $30.7M | $81.6M | $81.2M | $85.8M | $121,900 | $117,500 |
| Total liabilities | $201.0M | $200.0M | $200.0M | $204.0M | $224.3M | $244.9M | $278.8M | $203.9M | $227.0M | $222.1M | $2.6M | $2.3M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $474,000 | $465,000 | — | $458,000 | $456,000 | $456,000 | $456,000 | $28,999 | $29,000 | $29,000 | $8,900 | $7,600 |
| Retained earnings (deficit) | −$528.8M | −$508.6M | −$508.6M | −$483.5M | −$454.6M | −$401.6M | −$353.9M | −$65.6M | −$69.7M | −$67.5M | −$89.9M | −$87.6M |
| Accumulated other comprehensive income | $3.8M | $3.6M | — | $3.7M | $3.3M | $3.7M | $3.5M | $5.4M | $3.1M | $3.3M | — | — |
| Minority interest | — | — | — | $0 | $0 | — | — | — | — | — | — | — |
| Total shareholders' equity | −$36.7M | −$17.5M | −$17.5M | $5.8M | $28.4M | $77.1M | $123.7M | $67.7M | $66.0M | $68.0M | $2.0M | $2.2M |
| Key figures | ||||||||||||
| Total debt | $66.6M | $66.6M | $60.9M | $69.2M | $74.9M | $91.7M | $109.3M | $79.6M | $78.3M | $82.4M | $607,900 | $597,100 |
| Net cash (debt) | −$59.6M | −$48.1M | −$42.5M | −$40.1M | $414,000 | −$22.4M | −$17.5M | −$14.1M | −$534,000 | −$9.6M | $595,300 | $902,700 |
| Working capital | −$39.5M | −$26.1M | −$26.1M | −$7.4M | $17.6M | $33.1M | $47.6M | −$40.1M | −$50.2M | −$47.3M | −$352,000 | $204,100 |
| Tangible book value | −$117.5M | −$98.6M | −$98.6M | −$76.4M | −$55.3M | −$17.1M | $25.3M | $12.9M | $6.5M | $7.9M | $548,200 | $676,000 |
| Current ratio | 0.63 | 0.76 | 0.76 | 0.94 | 1.13 | 1.22 | 1.27 | 0.67 | 0.66 | 0.65 | 0.81 | 1.13 |
| Quick ratio | 0.38 | 0.45 | 0.39 | 0.63 | 0.86 | 0.94 | 0.87 | 0.55 | 0.55 | 0.55 | 0.71 | 1.02 |
| Debt / equity | — | — | — | 11.88 | 2.64 | 1.19 | 0.88 | 1.17 | 1.19 | 1.21 | 0.30 | 0.28 |
| Equity / assets | −22.3% | −9.6% | −9.6% | 2.8% | 11.2% | 23.8% | 30.6% | 23.9% | 21.4% | 22.2% | 64.4% | 63.6% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed May 29, 2026); data from EODHD.
MYND financial position
At the end of fiscal 2025 (December 31, 2025), Mynd.ai had total assets of $182.5 million (down 27.7% from a year earlier), total liabilities of $200.0 million and shareholders' equity of -$17.5 million. It held $18.5 million in cash and short-term investments against $66.6 million of debt, net debt of $48.1 million. Its current ratio was 0.76. In the latest quarter (ended June 30, 2026) total assets were $164.3 million and equity -$36.7 million.
Related: MYND income statement, MYND cash flow statement, MYND key metrics. See the MYND stock overview for the latest quote and news.
MYND balance sheet FAQ
What are Mynd.ai's total assets?
Mynd.ai reported total assets of $182.5 million at the end of fiscal 2025 (December 31, 2025), compared with $252.6 million a year earlier.
How much debt does Mynd.ai have?
Mynd.ai had $66.6 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was —.
How much cash does Mynd.ai have?
Mynd.ai held $18.5 million in cash and short-term investments at the end of fiscal 2025; with $66.6 million of debt that is net debt of $48.1 million.
What is Mynd.ai's book value?
Mynd.ai's shareholders' equity (book value) was -$17.5 million at the end of fiscal 2025.
What is Mynd.ai's current ratio?
Mynd.ai had current assets of $84.1 million and current liabilities of $110.2 million, a current ratio of 0.76 (current liabilities exceed current assets).
How much goodwill does Mynd.ai have?
Mynd.ai carried $81.1 million of goodwill and intangible assets, 44.5% of total assets, at the end of fiscal 2025.