Minim, Inc. financial data

Symbol
MINM on OTC
Industry
Telephone & Telegraph Apparatus
Location
848 Elm Street, Manchester, NH
State of incorporation
DE
Fiscal year end
December 31
Former names
Zoom Telephonics, Inc. (to 6/4/2021)
Latest financial report
10-Q - Q3 2024 - Nov 19, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 83.4 % -47%
Quick Ratio 107 % -32.9%
Debt-to-equity -2.1K % -1306%
Return On Equity 2.89K %
Return On Assets -145 % -68.7%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 2.81M shares +48%
Common Stock, Shares, Outstanding 3.56M shares +87.4%
Entity Public Float 5.1M USD -46.9%
Common Stock, Value, Issued 489K USD +3.52%
Weighted Average Number of Shares Outstanding, Basic 2.87M shares +51.6%
Weighted Average Number of Shares Outstanding, Diluted 2.87M shares +51.6%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 16M USD -66.7%
Cost of Revenue 17.9M USD -52.5%
Research and Development Expense 2.03M USD -64.7%
Selling and Marketing Expense 2.23M USD -85%
General and Administrative Expense 3.51M USD -23.6%
Operating Income (Loss) -5.48M USD +73.2%
Nonoperating Income (Expense) -240K USD +47.8%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -5.51M USD +73.7%
Income Tax Expense (Benefit) 6.43K USD -92%
Net Income (Loss) Attributable to Parent -5.52M USD +73.7%
Earnings Per Share, Basic -1.92 USD/shares +82.8%
Earnings Per Share, Diluted -1.92 USD/shares +82.8%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 192K USD -58.9%
Accounts Receivable, after Allowance for Credit Loss, Current 21.7K USD -99.3%
Inventory, Net 9.95M USD -60.8%
Assets, Current 216K USD -98.5%
Property, Plant and Equipment, Net 189K USD -66.2%
Operating Lease, Right-of-Use Asset 9.06K USD -93.2%
Intangible Assets, Net (Excluding Goodwill) 28.9K USD -37.5%
Goodwill 58.9K USD 0%
Other Assets, Noncurrent 28.3K USD -94.8%
Assets 433K USD -97.2%
Accounts Payable, Current 308K USD -97%
Accrued Liabilities, Current 684K USD -51.1%
Liabilities, Current 992K USD -93.1%
Operating Lease, Liability, Noncurrent 9.06K USD -87.5%
Liabilities 992K USD -93.4%
Retained Earnings (Accumulated Deficit) -96.8M USD -6.04%
Stockholders' Equity Attributable to Parent -559K USD -512%
Liabilities and Equity 433K USD -97.2%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -2.48M USD -284%
Net Cash Provided by (Used in) Financing Activities 2.8M USD
Net Cash Provided by (Used in) Investing Activities -128K USD +52.7%
Common Stock, Shares Authorized 60M shares 0%
Common Stock, Shares, Issued 3.56M shares +87.4%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 631K USD -19.3%
Interest Paid, Excluding Capitalized Interest, Operating Activities 104K USD +32.7%
Deferred Tax Assets, Valuation Allowance 20.5M USD +14.7%
Deferred Tax Assets, Gross 20.5M USD +14.7%
Operating Lease, Liability 9.06K USD -93.2%
Payments to Acquire Property, Plant, and Equipment 6.33K USD -94.5%
Lessee, Operating Lease, Liability, to be Paid 9.12K USD -93.3%
Property, Plant and Equipment, Gross 2.65M USD +6.52%
Operating Lease, Liability, Current 9.06K USD -92.8%
Lessee, Operating Lease, Liability, to be Paid, Year Two 22.8K USD -77.4%
Lessee, Operating Lease, Liability, to be Paid, Year One 9.12K USD -60%
Operating Lease, Weighted Average Discount Rate, Percent 0 pure -105%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 57 USD -98.1%
Deferred Tax Assets, Operating Loss Carryforwards 19.2M USD +30.5%
Preferred Stock, Shares Issued 2M shares
Preferred Stock, Shares Authorized 10M shares +400%
Operating Lease, Payments 13.7K USD -66.8%
Additional Paid in Capital 94.4M USD +3.79%
Preferred Stock, Shares Outstanding 2M shares
Interest Expense 386K USD -2.2%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares -100%