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NASDAQ · TechnologyMindForge Inc. (MF)
MindForge Inc. reported revenue of $29.7M in fiscal 2025, down 42.5% from a year earlier. It posted a net loss of $2.7M. At June 30, 2025 it held $11.2M in cash. Its latest periodic report to the SEC is the annual report (foreign issuer) (20-F) filed on October 24, 2025.
Watch MF in 60 secondsWhat MindForge Inc. does
MindForge Inc. is registered with the SEC under industry code SIC 7370 (Services-Computer Programming, Data Processing, Etc.). Its shares trade on NASDAQ under the ticker MF.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $29.7M | -$2.7M | -$0.37 | n/a |
| 2024 | $51.6M | -$748.5K | -$0.48 | -$1.4M |
| 2024 | $94.3M | $205.9K | $0.16 | -$285.8K |
| 2022 | $86.7M | -$49K | $0.00 | $360.1K |
Full financial statements: income, balance sheet and cash flow
Where MF ranks in Technology
Latest SEC filings
What MindForge Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.
- July 17, 2026
- May 27, 2026
- May 8, 2026
- April 28, 2026
- April 28, 2026
- April 27, 2026
- April 27, 2026
- April 3, 2026
- December 9, 2025Form F-3/A filing F-3/A
- November 26, 2025Form F-3 filing F-3
Who owns MF
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Jian Chen13D, may seek influence | 77.5% | March 20, 2025 |
Largest institutional holders
Insiders
Questions about MF
What does MindForge Inc. do?
MindForge Inc. is registered with the SEC under industry code SIC 7370 (Services-Computer Programming, Data Processing, Etc.). Its shares trade on NASDAQ under the ticker MF.
Is MindForge Inc. profitable?
No. In fiscal 2025 it reported a net loss of $2.7M on revenue of $29.7M.
How much revenue does MindForge Inc. make?
In fiscal 2025 MindForge Inc. reported revenue of $29.7M. That is 42.5% less than a year earlier.
When did MindForge Inc. last report?
Its most recent periodic report is the annual report (foreign issuer) (20-F) filed on October 24, 2025. It covers the period to June 30, 2025. Its newest filing of any kind is the foreign issuer update from July 17, 2026.
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Follow MF: get an email when it filesWhere the numbers come from
Financial figures are the values MindForge Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.