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Income Statement (USD)
| Q1 '25 | QoQ | |
|---|---|---|
| Operating expense | 32M | 0.9% |
| Net Income | -23M | 32.8% |
Balance Sheet (USD)
| Q1 '25 | QoQ | |
|---|---|---|
| Total Assets | 275M | 8.9% |
| Total Liabilities | 53M | 13.5% |
| Total Equity | 223M | 7.7% |
| Shares Outstanding | 76M | 10% |
Cash Flow (USD)
| Q1 '25 | QoQ | |
|---|---|---|
| Cash from operations | -29M | 16% |
| Cash from financing | 1M | 73.7% |
EPS
Financial Highlights for Mind Medicine (MindMed) in Q1 '25
Operating Expenses for this period were 32M, showing a -0.9% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was -23M, showing a 32.8% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's performance remained stable this quarter with no significant positive or negative changes in the key financial metrics.
