Micromem Technologies Inc. balance sheet MMTIF

Annual Quarterly

As of Oct 31, 2025, Micromem Technologies Inc. had total assets of $308,461 and total liabilities of $5.9 million. Total assets were up 9.1% from a year earlier. Stockholders' equity was negative, at -$5.6 million, because liabilities exceed assets. It held $250,148 in cash and investments against $4.4 million of total debt, net debt of $4.1 million. The current ratio, current assets divided by current liabilities, was 0.05.

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

Line	FY 2025 Oct 31, 2025	FY 2024 Oct 31, 2024	FY 2023 Oct 31, 2023	FY 2022 Oct 31, 2022	FY 2021 Oct 31, 2021	FY 2020 Oct 31, 2020	FY 2019 Oct 31, 2019	FY 2018 Oct 31, 2018
Assets
Cash	0 +99.0%	0 +298.0%	0 -4.9%	0 -80.6%	0 -10.5%	0 +315.8%	0 -77.7%	0
Cash and investments	0 +99.0%	0 +298.0%	0 -4.9%	0 -80.6%	0 -10.5%	0 +315.8%	0 -77.7%	0
Total current assets	0 +2.1%	0 +97.3%	0 +163.6%	0 -73.7%	0 -9.9%	0 +256.7%	0 -80.1%	0
Property and equipment, net	0 +132.1%	0 -53.4%	0 -31.9%	0 +84.9%	0 -47.2%	0 -36.0%	0 +734.2%	0
Total assets	0 +9.1%	0 +67.9%	0 +69.2%	0 -55.8%	0 -19.0%	0 +233.0%	0 -88.3%	1
Liabilities and equity
Accounts payable	0 -21.3%	0 +60.8%	0 -27.2%	0 -16.4%	0 -55.2%	1 -23.0%	1 -1.0%	1
Total current liabilities	6 -15.9%	7 +40.5%	5 +3.8%	5 +30.9%	4 -17.4%	4	—	—
Total liabilities	6 -15.6%	7 +39.8%	5 +3.3%	5 +31.1%	4 -17.2%	4 +2.4%	4 +5.5%	4
Stockholders' equity	-6 +16.7%	-7 -38.9%	-5 -2.0%	-5 -36.8%	-3 +17.1%	-4 +2.1%	-4 -25.0%	-3
Debt
Debt due within a year	4 +11.5%	4 +8.6%	4 -6.4%	4 +54.6%	2 -20.4%	3 +18.6%	3 +4.9%	2
Long-term debt	0 +4.1%	0 +3.6%	0 -1.2%	0 -9.2%	0 +59.4%	0	—	—
Lease liabilities	0 +155.0%	0 -58.8%	0 -35.1%	0 +80.7%	0 -52.4%	0	0	—
Total debt	4 +11.8%	4 +8.0%	4 -6.7%	4 +53.7%	3 -20.2%	3 +21.7%	3 +4.9%	2
Net cash	-4 -8.9%	-4 -5.4%	-4 +6.7%	-4 -63.4%	-2 +20.8%	-3 -16.4%	-3 -12.5%	-2
Ratios
Current ratio	0.05x	0.04x	0.03x	0.01x	0.05x	0.05x	—	—

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 Services (SIC 7371)
Listed as: MMTIF (OTC)
Fiscal year ends: October 31
Incorporated in: Ontario, Canada
Headquarters: Toronto
SEC filer status: Non-accelerated filer
SEC CIK: 1085921

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