MindForge Inc. balance sheet MF

Annual Quarterly

As of Jun 30, 2026, MindForge Inc. had total assets of $38.8 million and total liabilities of $18.2 million. Total assets were up 84.9% from a year earlier. Stockholders' equity was $20.6 million. It held $12.3 million in cash and investments against $2,771 of total debt, net cash of $12.3 million. The current ratio, current assets divided by current liabilities, was 1.14.

USD in millions, except ratios and per-share amounts. The percent under a figure is the change from the year before.

FY 2026
Jun 30, 2026
FY 2025
Jun 30, 2025
FY 2024
Jun 30, 2024
Assets
Cash
12
+10.3%
11
+131.3%
5
Long-term investments
—
0
—
Cash and investments
12
+10.3%
11
+133.0%
5
Receivables
0
-99.8%
0
-42.7%
0
Inventory
0
—
—
Total current assets
20
+33.9%
15
-10.0%
17
Property and equipment, net
6
+9.5%
6
+77366.4%
0
Total assets
39
+84.9%
21
+24.9%
17
Liabilities and equity
Accounts payable
0
-63.5%
0
-72.0%
1
Total current liabilities
18
+1102.6%
1
-49.5%
3
Total liabilities
18
+828.1%
2
-32.8%
3
Stockholders' equity
21
+8.3%
19
+37.1%
14
Debt
Debt due within a year
—
0
-44.4%
1
Lease liabilities
0
-63.3%
0
-49.5%
0
Total debt
0
-63.3%
0
-44.6%
1
Net cash
12
+10.3%
11
+163.9%
4
Ratios
Current ratio
1.14x
10.24x
5.75x
Debt to equity
0.00x
0.02x
0.05x
Return on equity
-160.80%
-14.29%
-5.40%
Return on assets
-85.35%
-12.96%
-4.46%
Book value per share
—
22.88
8.22
How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except ratios and per-share amounts. Cash and investments adds short-term and long-term marketable securities to cash. Debt due within a year is the borrowings that are not already in long-term debt. Total debt is those borrowings plus lease liabilities. Net cash is cash and investments minus total debt. Return on equity and return on assets divide the trailing twelve months of net income by the balance on that date. Debt to EBITDA uses the trailing twelve months of EBITDA. More on our methodology.

Company profile

Industry
Services-Computer Programming, Data Processing, Etc. (SIC 7370)
Listed as
MF (Nasdaq)
Fiscal year ends
June 30
Incorporated in
Cayman Islands
Headquarters
Beijing
SEC filer status
Non-accelerated filer, Emerging growth company
SEC CIK
1888525
Former names
U-BX Technology Ltd. (until May 27, 2026)

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.