Mind Medicine (MindMed) Inc. (MNMD) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 380.56M | 419.32M | 215.85M | 189.14M | 221.7M | 281.62M | 299.36M | 247.69M | 255.47M | 103.87M | 120.09M | 119.79M | 132.41M | 146.06M | 156.51M | 109.09M | 123.23M | 137.22M | 146.5M | 158.56M |
| Cash & Short-Term Investments | 373.42M | 411.59M | 209.07M | 182.99M | 212.44M | 273.74M | 295.28M | 243.13M | 252.33M | 99.7M | 117.7M | 116.89M | 129.41M | 142.14M | 154.52M | 105.74M | 120.47M | 133.54M | 145.92M | 157.1M |
| Cash Only | 262.52M | 257.84M | 19.96M | 33.39M | 82.85M | 273.74M | 295.28M | 243.13M | 252.33M | 99.7M | 117.7M | 116.89M | 129.41M | 142.14M | 154.52M | 105.74M | 120.47M | 133.54M | 145.92M | 157.1M |
| Short-Term Investments | 110.9M | 153.76M | 189.11M | 149.6M | 129.59M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 177K | 0 | 0 | 0 | 0 |
| Days Sales Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 7.14M | 7.73M | 6.78M | 6.14M | 9.26M | 7.88M | 4.07M | 4.56M | 3.14M | 4.17M | 2.39M | 2.9M | 3M | 0 | 165K | 0 | 0 | 3.68M | 0 | 0 |
| Total Non-Current Assets | 20.73M | 20.78M | 21.07M | 75.95M | 53.62M | 20.53M | 20.41M | 20.45M | 20.06M | 20.67M | 21.46M | 22.29M | 23.12M | 23.94M | 24.4M | 25.19M | 26.01M | 26.79M | 32.08M | 35.31M |
| Property, Plant & Equipment | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 114K | 86K |
| Fixed Asset Turnover | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Goodwill | 19.92M | 19.92M | 19.92M | 19.92M | 19.92M | 19.92M | 19.92M | 19.92M | 19.92M | 19.92M | 19.92M | 19.92M | 19.92M | 19.92M | 19.92M | 19.92M | 19.92M | 19.92M | 9.99M | 9.99M |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 527K | 1.32M | 2.11M | 2.9M | 3.69M | 4.48M | 5.27M | 6.09M | 6.87M | 21.97M | 25.23M |
| Long-Term Investments | 0 | 0 | 0 | 54.86M | 33.1M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 812K | 862K | 1.15M | 1.17M | 606K | 613K | 493K | 534K | 144K | 224K | 229K | 268K | 300K | 331K | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Assets | 401.29M | 440.1M | 236.92M | 265.09M | 275.32M | 302.15M | 319.77M | 268.14M | 275.53M | 124.54M | 141.55M | 142.09M | 155.53M | 169.99M | 180.91M | 134.28M | 149.23M | 164M | 178.58M | 193.87M |
| Asset Turnover | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Asset Growth % | 45.75% | 45.66% | -25.91% | -1.14% | -0.08% | 142.61% | 125.91% | 88.72% | 77.16% | -26.74% | -21.76% | 5.81% | 4.22% | 3.65% | 1.3% | -30.74% | -25.68% | 101.18% | 654.06% | 549.53% |
| Total Current Liabilities | 81.11M | 66.7M | 65.42M | 37.96M | 30.48M | 38.85M | 33.27M | 41.85M | 65.27M | 32.25M | 31.15M | 35.12M | 24.1M | 17.89M | 26.04M | 7.87M | 10.56M | 10.41M | 5.79M | 10.72M |
| Accounts Payable | 7.13M | 5.35M | 8.11M | 4.22M | 2.27M | 2.01M | 2.15M | 2.94M | 7.59M | 4.14M | 7.69M | 8.58M | 2.32M | 2.11M | 824K | 732K | 3.33M | 4.18M | 0 | 0 |
| Days Payables Outstanding | - | - | - | - | - | - | - | - | 1.01K | - | - | - | - | - | - | - | - | - | - | - |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 73.98M | 61.35M | 57.3M | 24.13M | 21.08M | 30.41M | 31.12M | 36.15M | 50.49M | 21M | 17.01M | 19.41M | 16.9M | 13.03M | 20.93M | 2.15M | 3.69M | 2.29M | 5.79M | 10.72M |
| Current Ratio | 4.69x | 6.29x | 3.30x | 4.98x | 7.27x | 7.25x | 9.00x | 5.92x | 3.91x | 3.22x | 3.85x | 3.41x | 5.50x | 8.16x | 6.01x | 13.86x | 11.67x | 13.18x | 25.32x | 14.80x |
| Quick Ratio | 4.69x | 6.29x | 3.30x | 4.98x | 7.27x | 7.25x | 9.00x | 5.92x | 3.91x | 3.22x | 3.85x | 3.41x | 5.50x | 8.16x | 6.01x | 13.86x | 11.67x | 13.18x | 25.32x | 14.80x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 41.33M | 41.08M | 40.9M | 41.73M | 22.04M | 21.85M | 24.31M | 24.25M | 14.21M | 14.16M | 14.42M | 992K | 1.09M | 1.18M | 1.28M | 1.9M | 1.87M | 1.93M | 6.75M | 6.75M |
| Long-Term Debt | 40.77M | 0 | 0 | 41.19M | 22.04M | 21.85M | 24.31M | 24.25M | 14.19M | 14.13M | 14.07M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6.75M | 6.75M |
| Other Non-Current Liabilities | 559K | 41.08M | 40.9M | 543K | 0 | 0 | 0 | 0 | 15K | 32K | 349K | 992K | 1.09M | 1.18M | 1.28M | 1.9M | 1.87M | 1.93M | 0 | 0 |
| Total Liabilities | 122.44M | 107.77M | 106.32M | 79.69M | 52.52M | 60.7M | 57.58M | 66.1M | 79.47M | 46.41M | 45.57M | 36.11M | 25.18M | 19.08M | 27.31M | 9.77M | 12.43M | 12.34M | 12.54M | 17.47M |
| Total Debt | 40.77M | 0 | 0 | 41.19M | 22.04M | 21.85M | 24.31M | 24.25M | 14.19M | 14.13M | 14.07M | 75K | 72K | 72K | 71K | 70K | 0 | 0 | 0 | 0 |
| Net Debt | -221.75M | -257.84M | -19.96M | 7.8M | -60.82M | -251.89M | -270.97M | -218.88M | -238.14M | -85.58M | -103.63M | -116.82M | -129.34M | -142.07M | -154.45M | -105.67M | -120.47M | -133.54M | -145.92M | -157.1M |
| Debt / Equity | 0.15x | - | - | 0.22x | 0.10x | 0.09x | 0.09x | 0.12x | 0.07x | 0.18x | 0.15x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Coverage | -47.57x | -9.94x | -51.80x | -17.28x | -37.78x | -51.96x | -17.82x | -11.56x | -124.35x | - | - | -377.31x | -325.51x | - | - | - | -685.37x | -48.91x | -269.17x | -655.36x |
| Total Equity | 278.85M | 332.33M | 130.6M | 185.4M | 222.81M | 241.45M | 262.19M | 202.05M | 196.06M | 78.13M | 95.98M | 105.97M | 130.34M | 150.92M | 153.59M | 124.5M | 136.81M | 151.66M | 166.05M | 176.4M |
| Equity Growth % | 25.15% | 37.64% | -50.19% | -8.24% | 13.64% | 209.02% | 173.18% | 90.66% | 50.42% | -48.23% | -37.51% | -14.88% | -4.72% | -0.49% | -7.5% | -29.42% | -27.07% | 99.91% | 745.46% | 535.89% |
| Book Value per Share | 2.56 | 3.72 | 1.52 | 2.17 | 2.56 | 2.88 | 3.27 | 2.81 | 4.10 | 1.94 | 2.42 | 2.75 | 3.42 | 3.97 | 5.24 | 4.41 | 4.86 | 5.41 | 5.93 | 6.44 |
| Total Shareholders' Equity | 278.85M | 332.33M | 130.6M | 185.4M | 222.81M | 241.45M | 262.19M | 202.05M | 196.06M | 78.13M | 95.98M | 105.97M | 130.34M | 150.92M | 153.59M | 124.5M | 136.81M | 151.66M | 166.05M | 176.4M |
| Common Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 239.86M | 233.71M |
| Retained Earnings | -659.77M | -582.67M | -532.24M | -464.97M | -422.23M | -398.88M | -364.14M | -350.45M | -344.6M | -290.2M | -266.34M | -248.41M | -219.28M | -194.47M | -189.56M | -173.08M | -156.12M | -137.67M | -115.1M | -91.96M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 824K | 1.08M | 1M | 807K | 802K | 819K | 821K | 833K | 836K | 343K | 777K | 362K | 641K | 627K | 743K | 850K | 997K | 1.05M | 11K | 1.17M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |