← Mynd.ai, Inc.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $108.5m $140.8m $156.5m $182.3m $109.7m $180.3m $30.8m $413.6m $267.4m $167.9m
Revenue from Contract with Customer, Including Assessed Tax $108.5m $140.8m $156.5m $182.3m $109.7m $180.3m $30.8m $413.6m $267.4m $167.9m
Cost of Revenue $91.6m $111.3m $130.9m $155.5m $90.0m $149.1m $28.8m $310.4m $201.1m $132.6m
Gross Profit $16.9m $29.5m $25.6m $26.7m ($7.2m) $31.2m $2.0m $103.1m $66.2m $35.3m
Research and development — — — — — $35.6m $41.5m $34.6m $25.3m $12.8m
Operating Expenses $9.3m $20.2m $28.7m $26.6m $36.2m $27.3m $29.1m $146.9m $104.3m $85.4m
Total operating expenses $9.3m $20.2m $28.7m $26.6m $36.2m $27.3m $84.5m $146.9m $104.3m $85.4m
Operating Income (Loss) $7.6m $9.3m ($3.0m) $166k ($43.4m) $3.8m ($27.1m) ($43.8m) ($38.0m) ($50.1m)
Additional Financial Items
Amortization of Intangible Assets — — $529k $2.2m $2.4m $2.5m $1.1m $4.2m $4.2m —
Goodwill, Impairment Loss — — — $337k $8.5m $4.6m $19.2m — — —
Income (Loss) from Continuing Operations before Income Taxes, Domestic — — — — — — — — — ($30.2m)
Income (Loss) from Continuing Operations, Per Basic Share — — — — ($1) ($1) ($3) ($0) ($0) ($0)
Income (Loss) from Continuing Operations, Per Diluted Share — — — — ($1) ($1) ($3) ($0) ($0) ($0)
Income (Loss) from Equity Method Investments ($189k) ($239k) ($291k) ($664k) ($185k) $15k ($8k) — — —
Interest Income, Other — — — — — — — — $2.7m $827k
Investment Income, Interest $107k $563k $2.1m $858k $348k $219k $30k — — —
General and administrative $7.4m $18.4m $26.4m $23.8m $24.3m $20.3m $14.5m $31.3m $33.4m $26.5m
Sales and marketing — — — — — $60.5m $60.8m $51.5m $42.1m $38.9m
Interest income $107k $563k $2.1m $858k $348k $219k $49k $223k $2.7m $827k
Gain on embedded derivative — — — — — — $0 $432k $11.4m $2.8m
Net loss from continuing operations, before income taxes — — — — — $8.6m $9.9m ($46.2m) ($35.7m) ($54.5m)
Net loss from continuing operations — — — — ($26.8m) ($19.6m) ($79.2m) ($37.0m) ($104.5m) ($54.1m)
Income (loss) from discontinued operations, net of tax — — — — ($14.4m) $23.1m $33.3m ($823k) $8.7m $0
Net loss $5.9m $6.5m ($1.7m) ($2.2m) ($41.2m) $3.5m ($45.9m) ($37.8m) ($95.8m) ($54.1m)
Net (loss) income from discontinued operations attributable to non-controlling interests ($618k) ($574k) ($93k) $387k ($3.9m) $189k $0 $33k ($33k) $0
Net (loss) income attributable to non-controlling interests ($618k) ($574k) ($93k) $387k ($3.9m) $189k $0 $33k ($33k) $0
Net loss from continuing operations attributable to ordinary shareholders — — — — — $6.9m $35.2m ($37.0m) ($104.5m) ($54.1m)
Net income (loss) from discontinued operations attributable to ordinary shareholders — — — — — — ($12.6m) ($638k) $8.8m $0
Net loss attributable to ordinary shareholders $6.5m $7.1m — — — ($1.1m) $22.6m ($37.9m) ($95.7m) ($54.1m)
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest — — — — — — ($25.4m) ($46.2m) ($35.7m) ($54.5m)
Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, Net of Tax — — — — — — $2.8m — — —
Gain (Loss) on Derivative Instruments, Net, Pretax — — — — — — — — $11.4m $2.8m
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent — — — — — — — ($37.0m) ($104.5m) ($54.1m)
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest — — — — ($26.8m) ($19.6m) ($79.2m) ($37.0m) ($104.5m) ($54.1m)
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest — — — — ($14.4m) $23.1m $33.3m ($823k) $8.7m $0
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent — — — — — — — — $8.8m $0
Net Income (Loss) from Continuing Operations Available to Common Shareholders, Basic — — — — — — ($22k) ($37.0m) ($104.5m) ($54.1m)
Net Income (Loss) Attributable to Parent $6.5m $7.1m — — — ($1.1m) $22.6m ($37.9m) ($95.7m) ($54.1m)
Net Income (Loss) Available to Common Stockholders, Basic $6.5m $7.1m ($1.8m) ($2.4m) ($37.3m) $6.8m ($22.2m) ($37.9m) ($95.7m) ($54.1m)
Net Income (Loss) Attributable to Noncontrolling Interest ($618k) ($574k) ($93k) $387k ($3.9m) $189k ($2.5m) — ($33k) $0
Earnings Per Share, Basic $0.28 $0.29 ($0.06) ($0.09) ($1.33) $0.24 ($0.78) ($0.09) ($0.21) ($0.12)
Earnings Per Share, Diluted $0.26 $0.27 ($0.06) ($0.09) ($1.33) $0.23 ($0.78) ($0.09) ($0.21) ($0.12)
Net (loss) income per share attributable to ordinary shareholders of Mynd.ai, Inc. from continuing operations - basic (in dollars per share) — — — — ($1) ($1) ($3) ($0) ($0) ($0)
Net (loss) income per share attributable to ordinary shareholders of Mynd.ai, Inc. from continuing operations - diluted (in dollars per share) — — — — ($1) ($1) ($3) ($0) ($0) ($0)
Net (loss) per share attributable to ordinary shareholders of Mynd.ai, Inc. from discontinued operations - basic (in dollars per share) — — — — ($0) $1 $1 $0 $0 $0
Net (loss) per share attributable to ordinary shareholders of Mynd.ai, Inc. from discontinued operations - diluted (in dollars per share) — — — — ($0) $1 $1 $0 $0 $0
Weighted Average Number of Shares Outstanding, Basic 23.2m 24.7m 29.2m 28.1m 28.1m 28.2m 28.3m 428.0m 456.5m 456.8m
Weighted Average Number of Shares Outstanding, Diluted 24.7m 26.6m 29.2m 28.1m 28.1m 29.0m 28.3m 428.0m 456.5m 456.8m
Other income (expense):
Research and Development Expense — — — — — — — $34.6m $25.3m $12.8m
General and Administrative Expense $7.4m $18.4m $26.4m $23.8m $24.3m $20.3m $6.0m $31.3m $33.4m $26.5m
Selling and Marketing Expense — — — — — — — $51.5m $42.1m $38.9m
Other Nonoperating Income (Expense) — — — — — — — $2.2m ($1.4m) $2.1m
Business Combination, Acquisition Related Costs — — — — — — — $19.3m $0 $304k
Operating Lease, Expense $10.6m $11.8m — — — — — — — —
Selling Expense $1.9m $1.8m $2.2m $2.8m $1.3m $2.5m $428k — — —
Transaction-related costs — — — — — $0 $502k $19.3m $0 $304k
Restructuring and other expenses — — — — — $469k $238k $10.2m $3.5m $6.8m
Interest Expense (non-operating) — — — — — — — — $10.4m $10.1m
Interest Expense — — — — — ($173k) ($1.8m) $4.7m ($10.4m) ($10.1m)
Current Income Tax Expense (Benefit) $3.8m $9.3m $6.4m $6.0m $3.4m $4.7m ($2k) $1.2m $1.1m $423k
Income tax benefit (expense) $2.2m $3.8m $2.5m $3.5m $215k $3.4m $829k $9.2m ($68.7m) $384k
Nonoperating Income (Expense) — — — — — — — ($2.4m) $2.3m ($4.4m)
Total other (expense) income — — — — — ($2.4m) $3.7m ($2.4m) $2.3m ($4.4m)
Income Tax Expense (Benefit) $2.2m $3.8m $2.5m $3.5m $215k $3.4m ($789k) ($9.2m) $68.7m ($384k)

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.