MMTIF on OTC

MICROMEM TECHNOLOGIES INC

MICROMEM TECHNOLOGIES INC is a Canadian computer programming services company, listed on OTC (MMTIF).1

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Last updated Oct 21, 2026.

Overview

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  • TickerMMTIF on OTC1
  • IndustryServices-Computer Programming Services1
  • HeadquartersA61
  • Incorporated inOntario, Canada2
  • Business address121 Richmond St W, Suite 602, Toronto2
  • Filer categoryNon-accelerated filer2
  • Legal formCorporation

Micromem is a corporation formed under the laws of the Province of Ontario, Canada, with principal executive offices at 121 Richmond Street West, Suite 602, Toronto, Ontario M5H 2K1 (416.364.6513). Micromem was incorporated on October 21, 1985 as Mine Lake Minerals Inc. We subsequently changed our name to Avanti Capital Corp. on June 23, 1988, to Avanti Corp International Inc. on April 30, 1992 and to Micromem Technologies Inc. on January 11, 1999 in connection with our acquisition of Pageant Technologies Incorporated, also referred to herein as Pageant International. Our website address is www.micromeminc.com . The information on our website is not part of this Annual Report on Form 20-F. We have included our website address in this document as an inactive textual reference only.3 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

-$1.3MFree cash flow4

Financial statements

Every line of the income statement as filed: the last 3 fiscal years, latest first.4

Period ending2025-10-312024-10-312023-10-31
General and administrative$207.2K$146.6K$148.6K
Professional, other fees and salaries$668.1K$391.4K$610.1K
Stock-based compensation$0$6.5K$218.0K
Travel and entertainment$92.5K$37.6K$63.4K
Depreciation of property and equipment$16.6K$16.5K$16.5K
Foreign exchange loss (gain)-$33.4K-$21.4K-$62.6K
Total operating expenses$951.1K$577.3K$993.9K
Accretion expense$290.2K$272.5K$279.8K
Interest expense$614.4K$604.7K$540.9K
Other finance expenses$75.1K$24.2K$86.4K
Loss (gain) on revaluation of warrant liabilities-$228.6K$826.4K$0
Loss (gain) on debt settlement$78.3K$118.8K$0
Impairment of inventory$126.0K$0$0
Loss (gain) on revaluation of derivative liabilities-$1.4M$78.9K-$658.5K
Loss (gain) on conversion of convertible debentures$9.8K$45.5K$21.1K
Loss (gain) on repayment of convertible debentures$5.5K$62.3K$27.2K
Loss (gain) on extinguishment of convertible debentures$107.4K$452.2K$1.4M
Total other expenses (income)-$282.3K$2.5M$1.7M
Loss before income tax provision-$668.7K-$3.1M-$2.7M
Income tax provision$0$0$0
Net loss and comprehensive loss-$668.7K-$3.1M-$2.7M
Weighted average number of outstanding shares, basic (in shares)594.6M shares529.5M shares490.3M shares
Weighted average number of outstanding shares, diluted (in shares)594.6M shares529.5M shares490.3M shares
Loss per share, basic$0.00-$0.01-$0.01
Loss per share, diluted$0.00-$0.01-$0.01

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What it owns

What MICROMEM TECHNOLOGIES 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

ItemLatestA year beforeChange
Property and equipment, net$35.4K4 Oct 31, 2025$15.3K4 Oct 31, 2024+132.1%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$250.1K4 Oct 31, 2025$125.7K4 Oct 31, 2024+99.0%

Intangibles and goodwill

ItemLatestA year beforeChange
Intangible assets, net (excluding goodwill)$010 Oct 31, 2024$010 Oct 31, 2023

Leadership

Named in SEC Form D filings

People the company listed in its private-offering notices.

  • Executive OfficerDan Amadori named Nov 8, 2021 to Sep 24, 202611
  • Executive Officer, DirectorJoseph Fuda named Nov 14, 2022 to Sep 24, 202611
  • Executive Officer, DirectorGiuseppe (Joseph) Fuda named Nov 8, 202112
  • DirectorAlex Dey named Nov 8, 2021 to Sep 24, 202611
  • DirectorOliver Nepomuceno named Nov 8, 2021 to Sep 24, 202611

Filings

107 filings to the SEC since October 2021: 5 annual reports, 13 private raises, 89 other. The latest 20:

  1. Sep 28, 20266-K EDGAR
  2. Sep 24, 2026D EDGAR
  3. Sep 16, 20266-K EDGAR
  4. Aug 6, 20266-K EDGAR
  5. Jun 29, 20266-K EDGAR
  6. Jun 23, 2026D EDGAR
  7. Jun 23, 20266-K EDGAR
  8. Jun 18, 20266-K EDGAR
  9. Jun 1, 20266-K EDGAR
  10. May 19, 20266-K EDGAR
  11. May 11, 20266-K EDGAR
  12. Apr 6, 20266-K EDGAR
  13. Mar 30, 20266-K EDGAR
  14. Mar 18, 20266-K EDGAR
  15. Feb 20, 202620-F EDGAR
  16. Feb 4, 20266-K EDGAR
  17. Feb 3, 20266-K EDGAR
  18. Jan 29, 2026D EDGAR
  19. Jan 27, 20266-K EDGAR
  20. Jan 14, 20266-K EDGAR

The 107 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.

Funding

Where the company's money came from, by calendar year: private offerings filed with the SEC, federal grants, loans, contracts and other assistance from USAspending.gov, and PPP loans from the SBA. Each bar links to the records below.

Money received by year$1.1M 2021–2026
Figures by year
YearPrivate raises (Form D)Total
2026$307.7K$307.7K
2025$329.2K$329.2K
2024$239.6K$239.6K
2023$135.0K$135.0K
2022$29.0K$29.0K
2021$39.7K$39.7K

Private raises

Private offerings the company reported to the SEC on Form D. The amount is what the latest filing says was sold so far, charted in the year of the first sale. Covers filings since Oct 1, 2021.

  1. Sep 16, 2026Raised $90,000 in a private offering of equity11 Form D: $268,330 offered in all Form D
  2. Jun 18, 2026Raised $17,693 in a private offering of equity13 Form D: $53,078 offered in all Form D
  3. Jan 13, 2026Raised $200,028 in a private offering of equity14 Form D: $440,061 offered in all Form D
  4. Oct 10, 2025Raised $29,559 in a private offering of equity15 Form D: $61,806 offered in all Form D
  5. Jun 17, 2025Raised $174,825 in a private offering of equity16 Form D: $378,788 offered in all Form D
  6. Jan 2, 2025Raised $124,848 in a private offering of equity17 Form D: $249,696 offered in all Form D
  7. Sep 24, 2024Raised $165,446 in a private offering of equity18 Form D: $441,190 offered in all Form D
  8. Jul 18, 2024Raised $36,793 in a private offering of equity19 Form D: $98,114 offered in all Form D
  9. Mar 18, 2024Raised $37,324 in a private offering of equity20 Form D: 2 investors so far Form D
  10. Dec 28, 2023Raised $45,000 in a private offering of equity21 Form D: 2 investors so far Form D
  11. Apr 20, 2023Raised $90,000 in a private offering of equity22 Form D: 1 investor so far Form D
  12. Oct 31, 2022Raised $29,000 in a private offering of securities23 Form D: $500,000 offered in all Form D
  13. Oct 22, 2021Raised $39,722 in a private offering of securities12 Form D: 2 investors so far Form D

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
Whalerock Point Partners, LLC90,000$1.9K0.0%No change

13F reports cover disclosed long positions in U.S. stocks only.

SEC filer profile

How MICROMEM TECHNOLOGIES INC is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARMICROMEM TECHNOLOGIES INC1
  • CIK0001085921
  • Filer statusNon-accelerated filer not an emerging growth company; not a shell company3
  • Incorporated inCanada3
  • Fiscal year endsOctober 311
  • Industry code (SIC)7371 Services-Computer Programming Services1
  • SEC reviewing officeOffice of Technology, Division of Corporation Finance1
  • Business address121 Richmond St W, Suite 602, Toronto, On, Ontario, Canada1
  • Phone416-364-65131
  • Shares outstanding616,090,414 shares as of Oct 31, 20253
  • AuditorMNP LLP, Toronto, Canada PCAOB ID 1930; no auditor attestation of internal control over financial reporting3
  • On EDGAR sinceMay 7, 19991
  • Filings708 in all: 6-K (600), D (29), 20-F (24), CORRESP (7), 20-F/A (6), S-8 (6), 20FR12G/A (5), 6-K/A (5)1
    All 18 form types

    UPLOAD (5), D/A (4), NT 20-F (4), F-3/A (3), RW (3), 20FR12G (2), F-3 (2), 40-F (1), 8-A12G (1), NT 10-Q (1)

  • Latest filingsAnnual report (20-F) Feb 20, 2026

Sources

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