HYFT - NASDAQ

MindWalk Holdings Corp.

HYFT·NASDAQ

$1.82

+6.1%

HealthcareBiotechnology

MindWalk Holdings Corp. operates as a bio-native AI company. It focuses on the integration of artificial intelligence, multi-omics data, and advanced laboratory research to accelerate the discovery and development of biologics. The company, through its LensAI platform and HYFT technology, it partners with pharmaceutical and biotechnology companies to drive de-risk drug development and unlock therapeutic possibilities. The company was formerly known as ImmunoPrecise Antibodies Ltd. and changed its name to MindWalk Holdings Corp. in September 2025. The company was incorporated in 1983 and is headquartered in Austin, Texas.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$84.87M

EPS-0.9100

P/E Ratio-2.00

Earnings Date03/26/2026

44.44M

Assets

-26%

3Y-52.0%

5Y+63.0%

10Y+3119.0%

20.82M

Total Liabilities

-20%

3Y+13.0%

5Y+71.0%

10Y+4309.0%

23.63M

Total Equity

-30%

3Y-69.0%

5Y+57.0%

10Y+2501.0%

MindWalk Holdings Corp. Funding & Solvency Profile

HYFT · NASDAQ

Current Assets

Cash & Cash Equivalents10.66M

Net Receivables4.81M

Inventory2.10M

Other Current Assets0.00

Total Current Assets19 M

Non-Current Assets

Property, Plant & Equipment16.26M

Goodwill & Intangible Assets9.30M

Long-Term Investments91.22K

Other Non-Current Assets34.78K

Total Non-Current Assets16 M

Total Assets

44.44M

Financial Health Analysis

Current Ratio

2.08x

Excellent liquidity position. The company can easily cover its short-term obligations with substantial cushion.

Debt-to-Equity Ratio

0.88x

Balanced capital structure with moderate leverage. Equity exceeds debt, suggesting healthy financial stability.

Working Capital

10 M

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

42% Current

Balanced asset mix between current and non-current assets, typical of many stable businesses.

Financial Health Insight

Strong financial foundation: Excellent liquidity combined with conservative leverage suggests the company is well-positioned to weather economic uncertainties and fund growth opportunities.

MindWalk Holdings Corp. Balance Sheet

HYFT • NASDAQ

MindWalk Holdings Corp. Balance Sheet	Apr 2025	Apr 2024	Apr 2023	Apr 2022	Apr 2021	Apr 2020	Apr 2019	Apr 2018	Apr 2017	Apr 2016	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009	Dec 2008	Dec 2007	Dec 2006	Dec 2005
ASSETS
CURRENT ASSETS
Cash and Cash Equivalents	10.7M	3.5M	8.3M	30M	41.8M	2.6M	5.5M	1.8M	2.6M	340.9K	3.9K	40.6K	14.3K	18.6K	83.1K	108.6K	318.9K	199.4K	360K	29.9K
Short-Term Investments	0.0	0.0	0.0	0.0	0.0	104.0	0.0	0.0	0.0	214.1K	36.3K	95.8K	18.8K	45K	22.5K	26K	32.5K	253.3K	31.3K	9K
Cash & Short-Term Investments	10.7M	3.5M	8.3M	30M	41.8M	2.6M	5.5M	1.8M	2.6M	555K	40.1K	136.3K	33K	63.6K	105.6K	134.6K	351.4K	452.7K	391.3K	38.9K
Net Receivables	4.8M	4.1M	3.9M	3.4M	3.6M	3.7M	2M	2.2M	469.5K	450.9K	2K	1.1K	10.6K	22K	150.1K	4K	40.9K	21.6K	49.7K	9.8K
Accounts Receivables	4.1M	3.8M	3.2M	2.5M	2.9M	2.5M	1.6M	1.7M	432.6K	450.9K	2K	1.1K	10.6K	22K	150.1K	4K	40.9K	21.6K	49.7K	9.8K
Other Receivables	691K	277K	632K	906K	770K	1.2M	393.5K	560.8K	36.9K	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Inventory	2.1M	2.1M	2.1M	1.6M	1.2M	818.6K	2.1M	412.7K	58.5K	2.8K	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	13.6K
Prepaids	1.2M	1.4M	2M	2.5M	1.8M	526K	333.7K	342.6K	116.8K	2.8K	1.1K	920.0	920.0	966.0	5.7K	8.7K	19.8K	22.4K	22.4K	13.6K
Other Current Assets	0.0	414K	536K	0.0	491K	88K	0.0	0.0	61.2K	209K	0.0	0.0	0.0	0.0	0.0	0.0	331.1K	0.0	0.0	0.0
Total Current Assets	18.8M	11.5M	16.8M	37.5M	48.9M	7.7M	9.9M	4.8M	3.3M	1.2M	43.2K	138.3K	44.5K	86.5K	261.4K	147.3K	743.3K	496.7K	463.4K	684.9K
NON-CURRENT ASSETS
Property, Plant, and Equipment (Net)	16.3M	16.7M	10.7M	3.7M	4.1M	3.2M	1.6M	1.6M	644.6K	162.7K	3K	4K	5.4K	6.7K	7.2K	5.4M	6.2M	4.7M	5.4M	3.4M
Goodwill	8.2M	7.7M	19.2M	19.7M	7.8M	7.9M	8.3M	4.9M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Intangible Assets	1.1M	23.6M	30.9M	32.4M	6.1M	8.3M	8.4M	4M	0.0	0.0	1.3K	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Goodwill & Intangible Assets	9.3M	31.2M	50.1M	52.1M	13.8M	16.2M	16.7M	8.9M	0.0	0.0	1.3K	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Long-Term Investments	91.2K	62.6K	115K	142K	111K	118.9K	90.4K	90.4K	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Other Non-Current Assets	34.8K	498.4K	86K	82K	79K	85.1K	67.5K	9.2M	0.0	0.0	-1.3K	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Total Non-Current Assets	25.7M	48.5M	61M	56M	18.1M	19.6M	18.5M	19.8M	644.6K	162.7K	3K	4K	5.4K	6.7K	7.2K	5.4M	6.2M	4.7M	5.4M	3.4M
Total Assets	44.4M	60M	77.8M	93.5M	67M	27.3M	28.3M	24.6M	3.9M	1.4M	46.1K	142.3K	50K	93.2K	268.6K	5.5M	6.9M	5.2M	5.8M	4M
LIABILITIES
CURRENT LIABILITIES
Total Payables	5.8M	4.1M	2.5M	4.4M	1.8M	1.4M	1.6M	2M	664.4K	100.8K	180.7K	180.6K	215.6K	163.1K	110.2K	0.0	0.0	34.1K	413.7K	134.4K
Accounts Payable	5.3M	4.1M	2.5M	3.9M	1.3M	1.4M	1.6M	2M	664.4K	100.8K	180.7K	180.6K	215.6K	163.1K	110.2K	0.0	0.0	34.1K	413.7K	134.4K
Other Payables	475K	0.0	2K	451K	466K	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Accrued Expenses	0.0	0.0	902K	431K	1.3M	0.0	0.0	3.5K	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Short Term Debt	1.3M	1.1M	822.8K	1.3M	801.5K	2.1M	2.8M	187.8K	0.0	0.0	74K	122.9K	50K	50K	0.0	0.0	0.0	0.0	0.0	0.0
Capital Lease Obligations (Current)	1.9M	1.6M	1.1M	987K	986K	752K	35.8K	7.5K	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Tax Payables	475K	553K	2K	451K	466K	0.0	27.3K	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Deferred Revenue	1.1M	0.0	720.3K	1M	1.1M	1.5M	724.7K	317.5K	172.5K	279.3K	-74K	-122.9K	-215.6K	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Other Current Liabilities	-1M	1.4M	-127.2K	1.1M	22.5K	3.7M	2.8M	2.1M	0.0	284.7K	0.0	0.0	0.0	0.0	0.0	97.9K	150.8K	3.4K	0.0	4.3K
Total Current Liabilities	9M	8.1M	5.9M	9.3M	6.1M	7.9M	7.2M	4.3M	836.9K	385.5K	254.6K	303.5K	265.6K	213.1K	110.2K	97.9K	150.8K	37.5K	413.7K	138.6K
NON-CURRENT LIABILITIES
Long Term Debt	0.0	0.0	0.0	0.0	1.5M	503K	28.7K	3.6M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Deferred Revenue (Non-Current)	0.0	-5.8M	0.0	0.0	-1.5M	1.5M	1.1M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Deferred Tax Liabilities (Non-Current)	250K	5.8M	7.7M	8.1M	1.5M	1.6M	1.9M	882.3K	0.0	86.6K	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Other Non-Current Liabilities	0.0	5.8M	278K	497K	1.5M	2.6M	3M	4M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Total Non-Current Liabilities	11.8M	17.9M	14.1M	9.1M	4M	4.2M	3.1M	7.6M	0.0	86.6K	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Capital Lease Obligations	13.4M	13.7M	7.3M	1.2M	1.9M	1.9M	107.1K	39K	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Total Liabilities	20.8M	26.1M	20M	18.4M	10M	12.2M	10.3M	11.9M	836.9K	472.2K	254.6K	303.5K	265.6K	213.1K	110.2K	97.9K	150.8K	37.5K	413.7K	138.6K
SHAREHOLDERS' EQUITY
Preferred Stock	0.0	0.0	0.0	2.5M	687K	299.8K	228.1K	0.0	0.0	100.0	100.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Common Stock	136.4M	119.8M	117.5M	114.6M	80.1M	34.1M	32.7M	20.5M	7.5M	232.0	232.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Additional Paid-In Capital	12.8M	12.4M	10.8M	9.6M	7.2M	3.8M	3.1M	1.7M	198K	332.0	0.0	1.3M	1.3M	1.3M	18.7M	18.7M	19.1M	17M	16.5M	14.6M
Retained Earnings	-128.8M	-100.3M	-73.1M	-46.5M	-29.8M	-22.5M	-17.5M	-9.7M	-4.6M	907.9K	-18.9M	-18.9M	-18.9M	-18.8M	-18.6M	-13.3M	-12.3M	-11.8M	-11.1M	-10.7M
Accumulated Other Comprehensive Income/Loss	3.2M	2M	2.6M	-2.5M	-687K	-300.2K	-228.1K	277.1K	-737.2K	-686.6K	-51.1K	-15K	-48.6K	0.0	-45.2K	-42.4K	-38.8K	0.0	-34.4K	-27.2K
Other Total Stockholders' Equity	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	737.2K	-232.0	18.8M	17.4M	17.5M	17.4M	0.0	0.0	0.0	0.0	0.0	0.0
Total Stockholders' Equity	23.6M	33.9M	57.8M	75.3M	56.9M	15.1M	18.1M	12.7M	3.1M	908.3K	-208.5K	-161.2K	-215.7K	-119.9K	158.4K	5.4M	6.8M	5.1M	5.4M	3.9M
Total Equity	23.6M	33.9M	57.8M	75.3M	56.9M	15.1M	18.1M	12.7M	3.1M	908.3K	-208.5K	-161.2K	-215.7K	-119.9K	158.4K	5.4M	6.8M	5.1M	5.4M	3.9M
SUMMARY
Total Liabilities & Equity	44.4M	60M	77.8M	93.5M	67M	27.3M	28.3M	24.6M	3.9M	1.4M	46.1K	142.3K	50K	93.2K	268.6K	5.5M	6.9M	5.2M	5.8M	4M
Total Investments	91.2K	62.6K	115K	142K	111K	119K	90.4K	90.4K	0.0	214.1K	36.3K	95.8K	18.8K	45K	22.5K	26K	32.5K	253.3K	31.3K	9K
Total Debt	13.4M	13.7M	7.3M	2.8M	3.5M	4.5M	2.9M	3.8M	0.0	0.0	74K	122.9K	50K	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Net Debt	2.7M	10.2M	-1M	-27.2M	-38.3M	1.9M	-2.5M	2M	-2.6M	-340.9K	70.1K	82.3K	35.7K	-18.6K	-83.1K	-108.6K	-318.9K	-199.4K	-360K	-29.9K
Shares Outstanding	46,157,310	46,157,310	46,157,310	46,157,310	46,157,310	46,157,310	46,157,310	46,157,310	46,157,310	46,157,310	46,157,310	46,157,310	46,157,310	46,157,310	46,157,310	46,157,310	46,157,310	46,157,310	46,157,310	46,157,310

SEC Filings

HYFT - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
6-K 6-K 2025 Q4 Q4	December 15, 2025	October 31, 2025	2025	View Filing
6-K 6-K 2025 Q4 Q4	December 15, 2025	December 15, 2025	2025	View Filing
6-K 6-K 2025 Q4 Q4	December 08, 2025	December 08, 2025	2025	View Filing
6-K 6-K 2025 Q4 Q4	November 13, 2025	November 13, 2025	2025	View Filing
6-K 6-K 2025 Q4 Q4	November 07, 2025	November 07, 2025	2025	View Filing
6-K 6-K 2025 Q4 Q4	November 06, 2025	November 06, 2025	2025	View Filing
6-K 6-K 2025 Q4 Q4	October 21, 2025	October 21, 2025	2025	View Filing
6-K 6-K 2025 Q4 Q4	October 21, 2025	October 21, 2025	2025	View Filing
6-K 6-K 2025 Q4 Q4	October 15, 2025	October 15, 2025	2025	View Filing
6-K 6-K 2025 Q4 Q4	October 14, 2025	October 10, 2025	2025	View Filing

Showing 1 to 10 of 201 filings

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