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 - Q2 2024 - Aug 20, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 92.5 % -49.8%
Quick Ratio 107 % -32.9%
Debt-to-equity -43.2K % -36439%
Return On Equity 67.1K %
Return On Assets -156 % -163%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 2.81M shares +48%
Common Stock, Shares, Outstanding 2.81M shares +48.8%
Entity Public Float 5.1M USD -46.9%
Common Stock, Value, Issued 481K USD +1.95%
Weighted Average Number of Shares Outstanding, Basic 2.81M shares +48.8%
Weighted Average Number of Shares Outstanding, Diluted 2.81M shares +48.8%

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 3.85M USD -30.7%
Operating Income (Loss) -11.6M USD +34.5%
Nonoperating Income (Expense) -240K USD +47.8%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -11.7M USD +35.6%
Income Tax Expense (Benefit) 6.43K USD -92%
Net Income (Loss) Attributable to Parent -11.7M USD +35.8%
Earnings Per Share, Basic -5.31 USD/shares +45.4%
Earnings Per Share, Diluted -5.31 USD/shares +45.4%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 631K USD +124%
Accounts Receivable, after Allowance for Credit Loss, Current 21.7K USD -99.3%
Inventory, Net 9.95M USD -60.8%
Assets, Current 655K USD -96.9%
Property, Plant and Equipment, Net 264K USD -57.3%
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 34.4K USD -94.1%
Assets 953K USD -95.8%
Accounts Payable, Current 264K USD -97%
Accrued Liabilities, Current 1.09M USD -48.6%
Liabilities, Current 1.36M USD -91%
Operating Lease, Liability, Noncurrent 9.06K USD -87.5%
Liabilities 1.36M USD -91.4%
Retained Earnings (Accumulated Deficit) -96.2M USD -13.9%
Stockholders' Equity Attributable to Parent -405K USD -106%
Liabilities and Equity 953K USD -95.8%

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 2.81M shares +48.8%
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 94M USD +3.34%
Preferred Stock, Shares Outstanding 2M shares
Interest Expense 386K USD -2.2%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares -100%