Minim (MINM) investor relations material

Executive summary

• Transitioned from hardware to SaaS, focusing on AI-driven content creation and brand management, with new MCN digital services and software contracts launched in 2025.

• Net sales for Q3 2025 reached $1.94M, up sharply from $44,993 in Q2 2025, driven by SaaS and AI-integrated brand management solutions.

• Customer base for SaaS services more than doubled to 528 by September 30, 2025, with prepaid subscription fees rising to $4.24M for the nine months.

• Net loss for Q3 2025 narrowed to $253K, and for the nine months, net loss reduced by 71% year-over-year to $1.27M.

• Strategic initiatives include blockchain integration, AI, IoT, and potential acquisitions to expand market presence.

Financial highlights

• Net sales for Q3 2025 were $1.94M, up from $0 in Q3 2024; nine-month sales reached $1.98M, up from $640K year-over-year.

• Gross margin for Q3 2025 was 85%, compared to 0% in Q3 2024; nine-month gross margin was 83% versus 32.4% prior year.

• Operating expenses decreased 39.9% to $2.76M, with operating loss reduced by 74.7% to $1.11M.

• Cash and cash equivalents increased to $5.91M as of September 30, 2025, from $30K at year-end 2024.

• General and administrative expenses rose to $1.72M in Q3 2025, mainly due to $1.07M in stock-based compensation.

Outlook and guidance

• Management anticipates needing $10M in funding over the next three years to support SaaS scaling and AI platform development.

• Liquidity concerns persist; current cash may not be sufficient for the next 12 months, and additional equity or debt financing will be required.

• Management expects continued investment in R&D to enhance customer experience and expand international presence.

• Selling and marketing expenses are expected to fluctuate with sales levels for the remainder of fiscal 2025.

• Strategic focus remains on expanding SaaS, AI, and MCN services, with continued investment in technology and customer acquisition.