Minim, Inc. is the creator of innovative internet access products that dependably connect people to the information they need and the people they love. Headquartered in Manchester, NH, the company delivers smart software-driven communications products under the globally recognized Motorola brand and ZOOM® trademark. Minim end users benefit from a personalized and secure WiFi experience, leading to happy and safe homes where things just work.
Company profile
Ticker
MINM
Exchange
Website
CEO
Frank Blase Manning
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
CIENA • Netgear • ADTRAN • Plantronics • Infinera • Fabrinet • Westell • Audiocodes • Pineapple Energy • ClearOne ...
Former names
Zoom Telephonics, Inc.
SEC CIK
Corporate docs
IRS number
42621506
MINM stock data
Latest filings (excl ownership)
10-K
2023 FY
Annual report
12 Apr 24
425
Business combination disclosure
5 Apr 24
NT 10-K
Notice of late annual filing
29 Mar 24
425
Business combination disclosure
18 Mar 24
8-K
Entry into a Material Definitive Agreement
18 Mar 24
8-K
Other Events
15 Mar 24
425
Business combination disclosure
13 Mar 24
8-K
Amendments to Articles of Incorporation or Bylaws
11 Mar 24
8-K
Amendments to Articles of Incorporation or Bylaws
1 Mar 24
8-K
Entry into a Material Definitive Agreement
21 Feb 24
Transcripts
MINM
Earnings call transcript
2022 Q4
29 Mar 23
MINM
Earnings call transcript
2022 Q3
12 Nov 22
MINM
Earnings call transcript
2022 Q2
18 Aug 22
MINM
Earnings call transcript
2022 Q1
11 May 22
MINM
Earnings call transcript
2021 Q4
31 Mar 22
MINM
Earnings call transcript
2021 Q3
2 Nov 21
MINM
Earnings call transcript
2021 Q2
16 Aug 21
MINM
Earnings call transcript
2021 Q1
17 May 21
MINM
Earnings call transcript
2020 Q4
9 Mar 21
MINM
Earnings call transcript
2020 Q3
13 Nov 20
Latest ownership filings
SC 13D/A
Lazar David E.
29 Feb 24
4
Patrick William Rivard
2 Feb 24
4/A
Patrick William Rivard
2 Feb 24
4
Andrew F. Papanicolau
2 Feb 24
4/A
Andrew F. Papanicolau
2 Feb 24
4
David E. Lazar
31 Jan 24
4/A
Patrick William Rivard
31 Jan 24
4/A
Andrew F. Papanicolau
31 Jan 24
SC 13D
Lazar David E.
30 Jan 24
4
Patrick William Rivard
26 Jan 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 466.12 k | 466.12 k | 466.12 k | 466.12 k | 466.12 k | 466.12 k |
Cash burn (monthly) | 105.17 k | 122.64 k | 2.27 mm | 1.75 mm | (no burn) | (no burn) |
Cash used (since last report) | 713.38 k | 831.88 k | 15.42 mm | 11.84 mm | n/a | n/a |
Cash remaining | -247.26 k | -365.76 k | -14.96 mm | -11.37 mm | n/a | n/a |
Runway (months of cash) | -2.4 | -3.0 | -6.6 | -6.5 | n/a | n/a |
Institutional ownership, Q2 2023
13F holders | Current |
---|---|
Total holders | 6 |
Opened positions | 1 |
Closed positions | 8 |
Increased positions | 1 |
Reduced positions | 2 |
13F shares | Current |
---|---|
Total value | 130.23 mm |
Total shares | 158.24 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Hitchcock Jeremy P. | 156.96 mm | $0.00 |
Palm Management | 1.25 mm | $3.12 mm |
Bridgeway Capital Management | 27.88 k | $120.73 mm |
Tower Research Capital | 1.14 k | $4.96 mm |
UBS UBS Group AG - Registered Shares | 303.00 | $1.32 mm |
Barrett & Company | 24.00 | $105.00 k |
Proequities | 0.00 | $0.00 |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
29 Jan 24 | Lazar David E. | Warrants Common Stock | Buy | Acquire P | No | No | 1 | 2,800,000 | 2.80 mm | 2,800,000 |
29 Jan 24 | Lazar David E. | Series A Convertible Preferred Stock Common Stock | Buy | Acquire P | No | No | 1.4 | 2,000,000 | 2.80 mm | 2,000,000 |
29 Jan 24 | Patrick William Rivard | Common Stock | Grant | Acquire A | No | No | 0 | 2,880 | 0.00 | 27,880 |
29 Jan 24 | Andrew F. Papanicolau | Common Stock | Grant | Acquire A | No | No | 0 | 2,000 | 0.00 | 27,000 |
22 Jan 24 | Avraham Ben-Tzvi | Common Stock | Grant | Acquire A | No | No | 0 | 25,000 | 0.00 | 25,000 |
22 Jan 24 | Matthew Charles McMurdo | Common Stock | Grant | Acquire A | No | No | 0 | 25,000 | 0.00 | 25,000 |
News
12 Information Technology Stocks Moving In Tuesday's Intraday Session
16 Apr 24
12 Information Technology Stocks Moving In Tuesday's Pre-Market Session
16 Apr 24
12 Information Technology Stocks Moving In Wednesday's Pre-Market Session
20 Mar 24
12 Information Technology Stocks Moving In Thursday's Intraday Session
14 Mar 24
12 Information Technology Stocks Moving In Wednesday's Intraday Session
13 Mar 24
Press releases
SHAREHOLDER UPDATE: Halper Sadeh LLC Investigates FREE, HRT, SCX, MINM
27 Mar 24
SHAREHOLDER UPDATE: Halper Sadeh LLC Investigates VIVK, MINM, SDPI, AKTX
18 Mar 24
SHAREHOLDER UPDATE: Halper Sadeh LLC Investigates VIVK, MINM, SDPI, AKTX
15 Mar 24
Kuehn Law Encourages VIVK, MINM, SDPI, and AKTX Investors to Contact Law Firm
15 Mar 24
MINIM INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of Minim, Inc. - MINM
14 Mar 24