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Clearmind Medicine (CMND) investor relations material
Clearmind Medicine SEO filing summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.SEO filing summary5 Dec, 2025
Company overview and business model
Clinical-stage pharmaceutical company developing novel psychedelic medicines, primarily focused on alcohol use disorder (AUD), binge drinking, eating disorders, and metabolic disorders.
Lead candidate MEAI is a non-hallucinogenic neuroplastogen targeting AUD, obesity, and as an alcohol substitute.
Ongoing multinational Phase I/IIa clinical trials for CMND-100 (MEAI) in the US and Israel, with additional research in obesity, metabolic syndrome, and addiction.
Pipeline includes preclinical programs for depression, anxiety, PTSD, and cocaine addiction.
Business model includes both pharmaceutical development and consumer products.
Financial performance and metrics
No revenue generated to date; company has incurred operating losses each year since inception.
Operating losses: $5.7M (2024), $6.3M (2023), $6.3M (2022); accumulated deficit of $27.2M as of July 31, 2025.
Cash and cash equivalents: $3.5M as of July 31, 2025.
Negative cash flow from operations: $4.9M (2024), $3.4M (nine months ended July 31, 2025).
Recent financings include multiple registered direct offerings and warrant exercises, raising over $7M in late 2025.
Use of proceeds and capital allocation
No proceeds from the resale of shares by selling shareholders; company may receive up to $1.16M if all warrants are exercised for cash.
Any proceeds from warrant exercises will be used for general corporate purposes, including R&D, clinical and preclinical testing, working capital, acquisitions, and capital expenditures.
Cash runway given ongoing losses?
MEAI Phase IIa results timeline?
MEAI US controlled substance status?
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Next Clearmind Medicine earnings date
Q4 202522 Jan, 2026
Next Clearmind Medicine earnings date
Q4 202522 Jan, 2026
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Frequently asked questions
Clearmind Medicine Inc is a Canada-based biotechnology company focused on the research and development of psychedelic-derived therapeutics for the treatment of mental health conditions. The company is developing proprietary compounds aimed at addressing issues such as alcohol use disorder, depression, and anxiety. Clearmind’s approach combines psychedelic science with pharmaceutical development to create regulated treatment options. The company is headquartered in Vancouver, British Columbia, and its shares are listed on the CSE.
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