Overview
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- TickerMF on Nasdaq1
- IndustryServices-Computer Programming, Data Processing, Etc.1
- HeadquartersE91
- Incorporated inCayman Islands3
- Business addressNo.1 Linkong Er Road, Shunyi District, Zhongguan Science And Technology Park, Beijing, 1013003
- Filer categoryNon-accelerated filer, Emerging growth company3
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U-BX HK. WFOE Zhejiang is a holding company has never had any assets or operations.4 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue99¢$29.4M
- Income tax1¢$236.0K
Out of $29.7M in revenue.2 The company lost money this year.
Financial statements
No quarterly figures reported.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $86.7M5 | $94.3M2 | $51.6M2 | $29.7M2 | |
| Cost of revenue | $85.2M5 | $92.7M2 | $50.9M2 | $29.4M2 | |
| Gross profit | $1.5M5 | $1.6M2 | $694.3K2 | $251.7K2 | |
| Operating expenses | $1.3M5 | $1.5M2 | $1.6M2 | $3.4M2 | |
| Operating income | $126.6K5 | $153.9K2 | -$872.9K2 | -$3.1M2 | |
| Income before tax | $223.5K5 | $244.0K2 | -$606.1K2 | -$3.0M2 | |
| Income tax | $272.5K5 | $38.1K2 | $142.4K2 | -$236.0K2 | |
| Net income | -$49.0K5 | $205.9K2 | -$748.5K2 | -$2.7M2 | |
| Earnings per share | $0.005 | $0.162 | -$0.482 | -$0.372 | |
| Earnings per share (diluted) | $0.005 | $0.162 | -$0.482 | -$0.372 | |
| Shares (weighted, basic) | 23.1M shares5 | 1.5M shares2 | 1.6M shares2 | 7.3M shares2 | |
| Shares (weighted, diluted) | 23.1M shares5 | 1.5M shares2 | 1.6M shares2 | 7.3M shares2 |
No quarterly figures reported.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Cash | $789.0K5 | $1.5M2 | $1.3M2 | $4.8M2 | $11.2M2 |
| Receivables | $264.8K5 | $396.3K2 | $227.0K2 | ||
| Current assets | $4.6M5 | $16.7M2 | $15.1M2 | ||
| Property, plant and equipment | $3.7K5 | $7.5K2 | $4.1K2 | ||
| Intangible assets | $5.7K2 | $5.3K2 | |||
| Total assets | $4.9M5 | $16.8M2 | $21.0M2 | ||
| Accounts payable | $573.6K5 | $718.1K2 | $201.4K2 | ||
| Short-term debt | $138.4K5 | $701.6K2 | $389.7K2 | ||
| Current liabilities | $3.8M5 | $2.9M2 | $1.5M2 | ||
| Long-term liabilities | $7.7K2 | $490.8K2 | |||
| Total liabilities | $3.8M5 | $2.9M2 | $2.0M2 | ||
| Retained earnings | -$214.3K5 | -$1.2M2 | -$3.8M2 | ||
| Shareholders’ equity | $75.5K5 | $910.9K2 | $1.1M2 | $13.9M2 | $19.0M2 |
| Shares outstanding | 24.0M shares5 | 27.0M shares5 | 20.8M shares2 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Cash from operations | $363.1K5 | -$283.2K2 | -$1.4M2 | -$2.8M2 | |
| Depreciation and amortization | $1.8K5 | $2.0K2 | $7.3K2 | $11.8K2 | |
| Capital spending | $2.9K5 | $2.6K5 | $12.8K5 | ||
| Free cash flow | $360.1K | -$285.8K | -$1.4M | ||
| Cash from investing | -$2.9K5 | -$2.6K2 | -$9.5M2 | $3.8M2 | |
| Cash from financing | $421.2K5 | $156.9K2 | $14.3M2 | $5.4M2 |
Corporate structure
MindForge Inc. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of MindForge Inc.
- Jian Chen Filed SCHEDULE 13D/A on MindForge Inc., latest Mar 20, 2025 (2 filings since Dec 13, 2024)
- MindForge Inc. E9
Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What MindForge Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, before depreciation | $5.8M2 Jun 30, 2025 | $7.5K2 Jun 30, 2024 | +77366.4% |
| Property and equipment, net | $4.1K2 Jun 30, 2025 | $7.5K2 Jun 30, 2024 | −45.4% |
| Operating-lease assets (leased space) | $10.5K2 Jun 30, 2025 | $18.0K2 Jun 30, 2024 | −41.6% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Long-term investments | $81.4K2 Jun 30, 2025 |
Intangibles and goodwill
Former names
- U-BX Technology Ltd.Oct 29, 2021 to May 27, 20263
Filings
108 filings to the SEC since October 2021: 2 annual reports, 2 large holders, 104 other. The latest 20:
- Jul 17, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- May 27, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- May 8, 2026424B5 PROSPECTUS SUPPLEMENT EDGAR
- Apr 28, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- Apr 28, 2026424B5 PROSPECTUS SUPPLEMENT EDGAR
- Apr 27, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- Apr 27, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- Apr 3, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- Dec 15, 2025EFFECT EDGAR
- Dec 10, 2025CORRESP EDGAR
- Dec 9, 2025F-3/A REGISTRATION STATEMENT EDGAR
- Nov 26, 2025F-3 REGISTRATION STATEMENT EDGAR
- Nov 6, 20256-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- Oct 24, 202520-F ANNUAL REPORT EDGAR
- Oct 15, 20256-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- Sep 2, 20256-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- Jul 30, 2025S-8 REGISTRATION STATEMENT EDGAR
- Jul 30, 20256-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- Jul 23, 20256-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- Jun 30, 20256-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
The 108 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Jian ChenSCHEDULE 13D/A, 2 filings Dec 13, 2024 to Mar 20, 20256
SEC filer profile
How MindForge Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARMindForge Inc.1
- CIK0001888525
- Filer statusNon-accelerated filer an emerging growth company; not a shell company4
- Incorporated inCayman Islands4
- Fiscal year endsJune 301
- Industry code (SIC)7370 Services-Computer Programming, Data Processing, Etc.1
- SEC reviewing officeOffice of Technology, Division of Corporation Finance1
- Business addressNo.1 Linkong Er Road, Shunyi District, Zhongguan Science And Technology Park, Beijing, 101300, China1
- Phone86100651202971
- Shares outstanding20,784,142 shares as of Jun 30, 20254
- AuditorHTL International, LLC, Houston, Texas PCAOB ID 7000; no auditor attestation of internal control over financial reporting4
- On EDGAR sinceOct 29, 20211
- Filings108 in all: 6-K (28), F-1/A (21), CORRESP (20), UPLOAD (17), EFFECT (3), 20-F (2), 424B5 (2), F-1 (2)1
All 20 form types
S-8 (2), 424B2 (1), 424B4 (1), 8-A12B (1), CERT (1), DRS (1), DRS/A (1), DRSLTR (1), F-3 (1), F-3/A (1), SC 13D (1), SCHEDULE 13D/A (1)
- Latest filingsAnnual report (20-F) Oct 24, 2025
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Ordinary Shares, par value $0.0016 per share | UBXG | The Nasdaq Stock Market LLC |
From the cover page of the 20-F filed Oct 24, 2025 (Section 12(b) of the Exchange Act).4
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1SEC EDGARMindForge Inc. filings on SEC EDGAR
- 2SEC EDGARMindForge Inc. 10-K for fiscal 2025
- 3SEC EDGARMindForge Inc. filings on SEC EDGAR
- 4
- 5SEC EDGARMindForge Inc. 10-K for fiscal 2022
- 6