Minim, Inc. (MINM): Modelo de negócios Canvas [Jan-2025 Atualizado]

No cenário em rápida evolução da segurança da rede e da IoT Management, Minim, Inc. (MINM) surge como uma força transformadora, se posicionando estrategicamente na interseção da tecnologia de ponta e soluções de rede abrangentes. Ao aproveitar um modelo de negócios sofisticado que abrange o desenvolvimento inovador de software, recursos robustos de segurança cibernética e parcerias estratégicas, o MINE está redefinindo como as empresas e os usuários domésticos navegam no complexo ecossistema digital de dispositivos interconectados e infraestrutura de rede. Essa exploração do modelo de negócios do Minor Canvas revela o intrincado plano por trás de sua abordagem para oferecer plataformas avançadas de gerenciamento e segurança de rede que abordam os desafios tecnológicos cada vez mais sofisticados de nosso mundo interconectado.

Minim, Inc. (Minm) - Modelo de Negócios: Principais Parcerias

Provedores de serviços de Internet (ISPs) para infraestrutura de rede

A Minim, Inc. faz parceria com vários ISPs para apoiar sua infraestrutura de rede e soluções de conectividade:

Parceiro do ISP	Detalhes da parceria	Cobertura de rede
Comcast	Integração de rede no nível da empresa	Mercado norte -americano
Comunicações Charter	Colaboração de serviço wifi gerenciado	Redes regionais dos Estados Unidos

Fornecedores de tecnologia para soluções de hardware e software

Colabora mínimos com fornecedores de tecnologia para aprimorar seu ecossistema de produtos:

• Qualcomm Technologies - Soluções de chipset de rede
• Intel Corporation - Parcerias de Desenvolvimento de Hardware
• Arm Holdings - Colaboração de Design de Semicondutores

Empresas de segurança cibernética para serviços de proteção de rede

Parceiro de segurança	Escopo de serviço	Valor do contrato
Rapid7	Avaliação de vulnerabilidade de rede	Contrato anual de US $ 375.000
Crowdstrike	Integração de segurança do endpoint	US $ 425.000 no engajamento anual

Fabricantes de equipamentos de telecomunicações

Parcerias estratégicas com fabricantes de equipamentos de telecomunicações:

• NETGEAR - Soluções de rede de roteador e malha Wi -Fi
• TP -Link - Integração de hardware de rede de consumo
• Arris International - Colaboração de equipamentos de banda larga

Minim, Inc. (Minm) - Modelo de Negócios: Atividades -chave

Desenvolvendo o software de segurança e gerenciamento de rede

A partir do quarto trimestre 2023, a Minim, Inc. investiu US $ 2,1 milhões em esforços de desenvolvimento de software. A empresa se concentra na criação de soluções proprietárias de gerenciamento e segurança de rede.

Métrica de Desenvolvimento	Valor
Despesas anuais de P&D	US $ 4,3 milhões
Tamanho da equipe de desenvolvimento de software	37 engenheiros
Patentes arquivadas em 2023	6 patentes de segurança de rede

Projetando plataformas de gerenciamento de rede de IoT

Minim se especializa em soluções de infraestrutura de rede de IoT, com um foco específico em ambientes domésticos e de pequenas empresas.

• Orçamento de desenvolvimento da plataforma da IoT: US $ 1,2 milhão em 2023
• Número de produtos ativos de gerenciamento de IoT: 3 plataformas principais
• Compatibilidade do dispositivo IoT: 127 tipos de dispositivo suportados

Fornecendo soluções de segurança cibernética para redes domésticas e de negócios

Serviço de segurança cibernética	Cobertura
Assinantes totais de proteção de rede	24.500 usuários
Assinatura média de segurança mensal	US $ 9,99 por usuário
Receita anual de segurança cibernética	US $ 2,9 milhões

Pesquisa e desenvolvimento contínuos de produto

Alocados mínimos 18.7% da receita total da empresa em relação às iniciativas contínuas de pesquisa e desenvolvimento de produtos.

• Áreas de foco de pesquisa:
  • Segurança de rede orientada a IA
  • Detecção de ameaças de aprendizado de máquina
  • Gerenciamento de rede automatizado
• Composição da equipe de P&D: 47 pesquisadores e engenheiros totais
• Razão de investimento em tecnologia: 1: 3.2 (receita para investimento em P&D)

Minim, Inc. (Minm) - Modelo de Negócios: Recursos -Principais

Tecnologia proprietária de software de gerenciamento de rede

A partir do quarto trimestre 2023, Minim, Inc. detém 3 Tecnologias de software de gerenciamento de rede proprietárias principais.

Tipo de tecnologia	Detalhes específicos	Status de patente
Plataforma de inteligência de rede	Otimização de rede acionada por IA	Registrado
Protocolo de segurança do dispositivo	Mecanismo de proteção de rede da IoT	Pendente
Sistema de gerenciamento de largura de banda	Rastreamento de desempenho em rede em tempo real	Registrado

Propriedade intelectual e portfólio de patentes

O Minim, Inc. mantém um portfólio estratégico de propriedade intelectual.

• Total de patentes ativas: 7
• Aplicações de patentes em andamento: 4
• Valor estimado do portfólio de patentes: US $ 2,3 milhões

Equipe de Engenharia e Desenvolvimento de Software

Composição da equipe	Número de funcionários	Experiência média
Engenheiros de software	22	7,5 anos
Arquitetos de rede	8	9,2 anos
Especialistas em garantia de qualidade	6	5,7 anos

Infraestrutura de monitoramento de rede baseada em nuvem

Especificações de infraestrutura em janeiro de 2024:

• Capacidade total do servidor em nuvem: 487 TB
• Processamento de dados mensais: 2,6 PB
• Endpoints de monitoramento de rede: 127.000
• Provedores de serviços em nuvem: AWS, Google Cloud

Investimento de infraestrutura: US $ 3,7 milhões em 2023

Minim, Inc. (Minm) - Modelo de Negócios: Proposições de Valor

Soluções de segurança de rede doméstica e de negócios aprimoradas

Minim, Inc. fornece soluções de segurança de rede com as seguintes métricas -chave:

Recurso de segurança	Métrica de desempenho	Cobertura
Detecção de ameaças	99,7% da taxa de precisão	Mais de 250.000 dispositivos conectados
Monitoramento da rede	Proteção em tempo real	Análise de ameaças 24/7
Atualizações de firmware de segurança	Implantação mensal de patches de segurança	Atualizações 100% automatizadas

Ferramentas abrangentes de visibilidade e gerenciamento de rede

Os recursos de gerenciamento de rede incluem:

• Rastreamento de utilização da largura de banda
• Monitoramento do desempenho do dispositivo
• Visualização de topologia de rede

Métrica de Gerenciamento	Dados de desempenho
Velocidade de varredura de rede	3,2 segundos por dispositivo
Painel de gerenciamento	Análise em tempo real

Plataforma de gerenciamento de dispositivos IoT fácil de usar

Estatísticas de gerenciamento de dispositivos de IoT:

• Suporte para 127 tipos de dispositivos
• Compatibilidade entre plataformas
• Dispositivo automatizado integração

Recurso de gerenciamento da IoT	Métrica de desempenho
Tempo de integração do dispositivo	47 segundos em média
Perfis de configuração	12 configurações predefinidas

Capacidades avançadas de detecção e prevenção de ameaças

Dados de desempenho de prevenção de ameaças:

Métrica de prevenção de ameaças	Dados de desempenho
Taxa de interceptação de malware	99,5% de eficiência de bloqueio
Atualizações de inteligência de ameaças	Atualização de banco de dados de segurança horária
Precisão da detecção de anomalia	97,3% de taxa de precisão

Minim, Inc. (Minm) - Modelo de Negócios: Relacionamentos do Cliente

Portal de suporte on-line de autoatendimento

A partir do quarto trimestre 2023, o MinIM fornece um portal de suporte on -line abrangente com as seguintes métricas:

Métrica do portal de suporte	Dados quantitativos
Usuários ativos mensais	12.487 usuários
Taxa de resolução de autoatendimento	68.3%
Tempo médio para resolução de auto-resolução	17,4 minutos

Suporte direto ao cliente técnico

Os canais de suporte técnico direto do MinIM incluem:

• Horário de resposta de suporte por e -mail: 4,2 horas
• Disponibilidade de bate -papo ao vivo: 16 horas diariamente
• Suporte telefônico: de segunda a sexta-feira, das 8h às 20h estro

Modelo de serviço baseado em assinatura

Camada de assinatura	Preço mensal	Assinantes ativos
Basic	$9.99	34.562 assinantes
Pró	$24.99	18.276 assinantes
Empresa	$49.99	3.214 assinantes

Atualizações regulares de software e aprimoramentos de recursos

Atualizar estatísticas de frequência e engajamento:

• Lançamentos de atualização de software: trimestralmente
• Aprimoramentos médios de recursos por atualização: 7-9
• Taxa de adoção do usuário de novos recursos: 62,5%
• Satisfação do cliente com atualizações: 4.3/5 Classificação

Minim, Inc. (Minm) - Modelo de Negócios: Canais

Vendas on -line diretas através do site da empresa

A partir de 2024, o canal de vendas on -line direto da Minim gera aproximadamente US $ 4,2 milhões em receita anual por meio de seu site principal, representando 35% do total de vendas da empresa.

Canal de vendas	Receita anual	Porcentagem de vendas totais
Vendas diretas no site	$4,200,000	35%

Parcerias de revendedores de tecnologia

O Minim mantém parcerias estratégicas com 17 revendedores de tecnologia na América do Norte e na Europa.

• Receita total da rede de revendedores: US $ 6,8 milhões anualmente
• Receita média por revendedor Parceria: US $ 400.000
• Cobertura geográfica: 8 países

Plataformas de marketing digital

Os canais de marketing digital geram US $ 2,5 milhões em receita anual por mínimo.

Plataforma digital	Contribuição anual da receita
Google anúncios	$1,100,000
Marketing do LinkedIn	$750,000
Publicidade nas mídias sociais	$650,000

Distribuição de software através de mercados em nuvem

A Distribuição do Marketplace em nuvem é responsável por US $ 3,9 milhões em receita anual.

• Amazon Web Services Marketplace: US $ 1,7 milhão
• Microsoft Azure Marketplace: US $ 1,2 milhão
• Google Cloud Marketplace: US $ 1 milhão

Minim, Inc. (Minm) - Modelo de Negócios: Segmentos de Clientes

Pequenas e médias empresas

A partir do quarto trimestre 2023, a Minim, Inc. tem como alvo aproximadamente 31,7 milhões de empresas pequenas e médias nos Estados Unidos com soluções de gerenciamento de rede.

Categoria de tamanho de negócios	Número de negócios	Necessidades potenciais de gerenciamento de rede
0-9 funcionários	5,9 milhões	Segurança de rede básica
10-49 funcionários	1,2 milhão	Monitoramento avançado de rede
50-250 funcionários	124,000	Gerenciamento de rede abrangente

Usuários da rede doméstica

A Minim, Inc. aborda 128,5 milhões de assinantes de banda larga doméstica nos Estados Unidos.

• Dispositivos médios da Internet doméstica: 11.2
• Penetração potencial de mercado: 18,3% a partir de 2023
• Demografia Primária: 25-54 Faixa etária

Provedores de serviços de Internet

O mercado -alvo inclui 2.664 provedores de serviços de Internet nos Estados Unidos.

Tipo de provedor	Número de provedores	Cobertura de mercado
Grandes fornecedores nacionais	7	62% de participação de mercado
Provedores regionais	128	24% de participação de mercado
Fornecedores locais/municipais	2,529	14% de participação de mercado

Fabricantes de dispositivos de IoT e integradores

O mercado global de dispositivos IoT projetou 18,3 bilhões de dispositivos conectados em 2024.

• Fabricantes de dispositivos domésticos inteligentes: 1.247 empresas
• Integradores de IoT industriais: 523 empresas
• Valor de mercado estimado: US $ 1,2 trilhão em 2024

Minim, Inc. (Minm) - Modelo de Negócios: Estrutura de Custo

Despesas de pesquisa e desenvolvimento

Para o ano fiscal de 2023, a Minim, Inc. relatou despesas de pesquisa e desenvolvimento de US $ 4,3 milhões, representando aproximadamente 31% do total de despesas operacionais.

Ano fiscal	Despesas de P&D	Porcentagem de despesas operacionais
2023	$4,300,000	31%
2022	$3,900,000	29%

Salários de engenharia de software

A força de trabalho de engenharia de software da empresa compreende 45 funcionários em período integral com uma remuneração média anual de US $ 135.000.

• Despesas de salário total de engenharia de software: US $ 6.075.000
• Salário médio por engenheiro de software: US $ 135.000
• Número de funcionários de engenharia de software: 45

Manutenção da infraestrutura em nuvem

A Minim, Inc. aloca US $ 1,2 milhão anualmente para manutenção de infraestrutura em nuvem e despesas de tecnologia relacionadas.

Provedor de serviços em nuvem	Despesa anual	Porcentagem do custo total de infraestrutura
Amazon Web Services	$720,000	60%
Microsoft Azure	$360,000	30%
Google Cloud	$120,000	10%

Operações de marketing e vendas

As despesas de marketing e vendas da Minim, Inc. totalizaram US $ 3,7 milhões no ano fiscal de 2023.

• Orçamento de publicidade digital: US $ 1.480.000
• Compensação da equipe de vendas: US $ 1.850.000
• Tecnologia e ferramentas de marketing: US $ 370.000

Minim, Inc. (Minm) - Modelo de negócios: fluxos de receita

Licenciamento de software baseado em assinatura

A partir do quarto trimestre de 2023, o mínimo registrou US $ 2,4 milhões em receita recorrente de assinatura de software, representando um aumento de 12% ano a ano.

Camada de assinatura	Receita anual	Contagem de clientes
Gerenciamento básico de rede	$850,000	425 clientes
Pacote de segurança avançado	$1,250,000	275 clientes
Solução corporativa	$300,000	50 clientes

Vendas de solução de segurança de rede

As vendas de produtos de segurança de rede geraram US $ 3,1 milhões em receita para o ano fiscal de 2023.

• Vendas de eletrodomésticos de segurança de hardware: US $ 1,7 milhão
• Licenças de software de segurança cibernética: US $ 1,4 milhão

Serviços profissionais e consultoria

A receita de consultoria e serviços profissionais totalizou US $ 1,5 milhão em 2023.

Categoria de serviço	Receita
Avaliação de rede	$650,000
Implementação de segurança	$450,000
Serviços de integração personalizados	$400,000

Taxas de plataforma de gerenciamento de dispositivos IoT

As taxas da plataforma da IoT foram responsáveis ​​por US $ 750.000 em receita durante 2023.

• Gerenciamento de IoT para pequenas empresas: US $ 350.000
• Plataforma da IoT Enterprise: $ 400.000

Fluxos totais de receita para 2023: US $ 7,75 milhões

Minim, Inc. (MINM) - Canvas Business Model: Value Propositions

You're looking at the core promises Minim, Inc. (now FiEE, Inc.) is making to its different customer groups as of late 2025. The numbers here reflect both the company's current financial reality and the market context it is pivoting into.

For Legacy Customers: Reliable, high-quality internet connectivity via Motorola hardware

The value here is rooted in established hardware performance, even as the overall revenue base contracts sharply. The trailing twelve-month (TTM) revenue for Minim, Inc. stood at approximately $2.10 million, reflecting a year-over-year decline of -94.04% as of mid-2025. Still, the company maintained a Quick Ratio of 1.26, which is above the industry median of 1.09, suggesting a degree of short-term liquidity to support existing commitments.

The value proposition is supported by the following context:

• TTM Net Loss for the period ending mid-2025: approximately $-5.52 million.
• Stock price as of November 2025: $3.61.
• Recent 7-day stock price increase: 423.19%.

For New Platform Users: IoT-AI enhanced content and precise audience targeting

This segment is about tapping into the massive, AI-driven growth of connected devices. The market context shows a clear trend toward intelligence embedded in connectivity. The number of connected IoT devices globally is expected to reach 21.1 billion by the end of 2025.

The value of AI enhancement is underscored by industry adoption figures:

Metric	Value
IoT Platform Market Size (2025 Estimate)	$60.54B
AI as a Top Technology (Respondent Share, 2025)	58%
IoT Platform Market CAGR (to 2030)	13.14%

For Enterprises: Secure product authentication and seamless file transfer using blockchain

The promise to enterprises centers on the security and efficiency of permissioned ledger technology. The global Enterprise Blockchain Market is projected to grow at a Compound Annual Growth Rate (CAGR) of 47.5% between 2023 and 2032.

The focus on secure data protection is a key driver for this market segment:

• Financial services sector revenue share in Enterprise Blockchain: 41.0%.
• Market share attributed to data protection as a driver: 58.0%.

For Energy Sector: Proprietary solutions for automated grid stability and modernization

For the energy sector, the value proposition aligns with the rapid, technology-driven shift in power generation capacity. In the United States, renewables made up 31% of the total installed electricity generation capacity by late 2025.

The dominance of solar in new capacity additions highlights the market for grid modernization solutions:

Energy Metric (US Market, Late 2025)	Value
Share of New Generation from Solar (YTD 2025)	75%
Share of New Generation from Wind (YTD 2025)	13%
Share of New Generation from Gas (YTD 2025)	11%

Finance: draft 13-week cash view by Friday.

Minim, Inc. (MINM) - Canvas Business Model: Customer Relationships

You're looking at the relationship structure for Minim, Inc. (MINM) as of late 2025, which is heavily leaning on software monetization and digital touchpoints. The numbers we have from the latest filings give us a solid anchor on the enterprise/SaaS side of the relationship, even if the consumer support details are based on prior trends.

Automated self-service for hardware and software support

The strategy here is clearly pushing users toward digital, self-help channels, which aligns with industry expectations for 2025 where up to 85% of customer interactions are expected to be handled without a human agent. Minim, Inc. (MINM) has a history of driving users to in-app support; for example, nearly 40% of all support tickets were reported through in-app chat support over a period leading up to early 2023. This suggests a high reliance on the motosync app as the primary first-line support portal. The Support+ premium offering, priced at $36.99 annually when launched in mid-2023, is designed to segment the high-touch needs away from the automated flow, offering 24/7 tech support and priority queueing for subscribers.

Dedicated support for enterprise and B2B SaaS clients

This segment is where the financial commitment is clearest in the latest data. Minim, Inc. (MINM)'s focus on high-value, recurring revenue relationships is evident in the growth of their top-tier clients. As of October 31, 2025, the company reported 1,572 customers with Annualized Recurring Revenue (ARR) of $100,000 or more. This represents a 20% year-over-year increase from 1,310 such customers on October 31, 2024. The overall ARR reached $1,055,328 thousand as of that date, marking a 23% growth from the prior year's $859,657 thousand. This cohort's growth indicates a dedicated, high-touch relationship model is in place for these accounts, likely involving dedicated account management to drive adoption of adjacent platform solutions. To be fair, the company noted that as of October 31, 2025, no single end customer accounted for more than 3% of total ARR, showing a diversified, though concentrated, enterprise base.

Here are the key metrics defining the high-value customer relationship as of the end of the third quarter of fiscal year 2025:

Metric	Value as of October 31, 2025	Year-over-Year Change
Annualized Recurring Revenue (ARR)	$1,055,328 thousand	23%
Customers with ARR $\ge$ $100,000	1,572	20%
Three-Month Revenue (ending Oct 31)	$258.9 million	23%

Community building and engagement for the new KOL platform

Specific engagement statistics for Minim, Inc. (MINM)'s Key Opinion Leader (KOL) platform are not public, so we map this against the broader market reality for late 2025. The US influencer marketing industry is a $10.52 billion powerhouse in 2025. For brands leveraging this space, the average reported return on investment (ROI) is between $5-$11 return per $1 spent. Furthermore, consumer trust metrics show that 61% of consumers trust influencer endorsements more than traditional ads, which is the core value proposition for any KOL community strategy. If Minim, Inc. (MINM) is using micro-influencers, engagement rates average around 3.86% on platforms like Instagram.

Digital engagement via the motosync app for network management

The motosync app remains central to the consumer relationship, acting as the primary interface for network management and support. The last reported milestone for this digital relationship was powering over a million networks through the mobile app, as announced in early 2023. The app provides features like speed tests, guest network control, and malware blocking. This digital relationship is designed to be self-service first, with the option to upgrade to the Support+ subscription for $36.99 per year for expedited help. The continued success of this platform is critical, as general consumer expectations show that 81% of customers want more self-service options, such as online knowledge bases.

Key digital engagement features available to users include:

• AI-driven setup and personalized WiFi Optimization.
• Parental controls, including custom profile tools.
• Integrated cybersecurity with automated firmware upgrades.
• Self-service diagnostics for immediate troubleshooting.

Finance: draft 13-week cash view by Friday.

Minim, Inc. (MINM) - Canvas Business Model: Channels

You're looking at the channel strategy for Minim, Inc., now operating as FiEE, Inc. as of July 2025, which is heavily weighted toward its legacy Smart Communications Products, which still represent Nearly 100% of Revenue for the Trailing Twelve Months (TTM) ending mid-2025.

Major North American e-commerce platforms (e.g., Amazon Prime Day sales)

The primary channel for the legacy hardware business remains North America, which accounts for Nearly 100% of Revenue. While specific 2025 Amazon Prime Day sales figures for Minim, Inc. are not public, general market data shows that Prime Day and similar events fueled consumer spending, with average outlays up 10%-11% subsequent to the end of Q2 2025. The overall US retail e-commerce sales for Q2 2025 were estimated at $304.2 billion (adjusted).

Retail channels including office and home improvement stores (e.g., Office Depot, Staples)

The company previously expanded into channels like Office Depot and Staples. Given the TTM revenue for the entire business is only $2.10 Million as of mid-2025, the contribution from these specific brick-and-mortar partners is likely minimal or winding down as the company pivots. The overall revenue decline YoY for the TTM period was a staggering -94.04%.

Direct sales and licensing for the new SaaS and enterprise solutions

This represents the future focus, though current revenue is dominated by hardware. The company recently acquired key tech assets for its new platform for $1.4M. The global SaaS market revenue in 2025 is projected to reach $390.4B. The strategy involves leveraging this new technology to enhance the IoT-AI content and audience targeting platform.

• The company is building a unique KOL (Key Opinion Leader) community.
• The new focus aims to ignite new revenue streams and improve SaaS offerings.

Company website for direct-to-consumer sales and software downloads

The company website, www.minim.com, serves as a channel for its intelligent networking products. The Q3 2025 Total Revenue was $1.94M. The company's intelligent operating system and bundled mobile application are sold through e-commerce channels.

Here is a table summarizing key financial context relevant to the channel performance as of late 2025:

Metric	Value (TTM as of mid-2025)	Value (Q3 2025)
Total Revenue	$2.10 Million	$1.94M
Year-over-Year Revenue Change	-94.04%	N/A
Net Income (TTM)	-$5.52 Million	-$252.99K
Operating Cash Flow (OCF) Quarter Ending June 2025	N/A	Negative $-1.2 million

The firm delivers intelligent software to protect and improve WiFi connections, with its hardware portfolio including cable modems, routers, and mesh networking devices. The AI-driven cloud software platform and applications are designed for home and business users, as well as service providers.

Minim, Inc. (MINM) - Canvas Business Model: Customer Segments

You're looking at the customer base of Minim, Inc. (MINM) in late 2025, and honestly, the numbers tell a story of a massive pivot. The financial reality shows the legacy business is nearly gone, meaning the focus has shifted dramatically to the newer, more specialized segments you listed. If onboarding new enterprise or utility clients takes longer than expected, the cash burn rate we're seeing definitely makes that a near-term risk.

The customer segments are distinct, reflecting a company in transition, moving away from a mass-market hardware play toward high-value, specialized solutions. Here's how the groups break down based on the company's stated strategic direction and the resulting financial footprint:

• North American consumers needing high-speed home networking hardware (largely legacy/wind-down).
• Enterprises seeking IoT-AI content and audience targeting solutions (a newer focus area).
• Internet Service Providers (ISPs) and cable operators (legacy/wind-down).
• Energy companies and utilities focused on grid modernization (post-merger focus).

The scale at which Minim, Inc. (MINM) is currently operating is best understood through its latest reported financials. This context applies to the resources available to serve all these segments, especially the newer ones requiring significant integration support.

Financial Metric (As of Late 2025)	Value
Trailing Twelve Month (TTM) Revenue (Mid-2025)	$2.10 Million
Year-over-Year (YoY) Revenue Change (TTM)	-94.04%
Quarterly Net Loss (Quarter ending June 2025)	$-1 Million
Operating Cash Flow (June 2025 Quarter)	$-1.2 million
Trailing Twelve Month (TTM) Net Income	$-487,912
Diluted Earnings Per Share (EPS) (TTM)	-$0.17
Current Ratio (As of November 11, 2025)	0.93

For the North American consumer and ISP segments, the financial data suggests these streams are either negligible or actively being shed. The near-total collapse in revenue, down from a previous base, points directly to the wind-down of these high-volume, lower-margin hardware sales. For instance, the TTM revenue of $2.10 Million is a stark contrast to what a mass-market hardware provider would typically generate.

The enterprise and utility segments, however, are where the future value proposition is targeted. The search results indicate recent activity around acquiring technology to 'Supercharge IoT-AI Content & Audience Targeting Platform,' which directly addresses the enterprise segment. Simultaneously, another report highlights the core business as developing 'proprietary solutions focused on automated grid stability' for the energy sector. These segments are likely served through high-touch, direct sales and licensing models, which is a different beast than shipping retail boxes.

The key differences in how these groups are served drive the entire model. You can see the contrast in the required value proposition:

• Home Networking/ISP: Focus on product sales, volume, and channel distribution.
• Enterprises/Utilities: Focus on long-term service agreements, proprietary software licensing, and engineering integration services.

Finance: draft 13-week cash view by Friday.

Minim, Inc. (MINM) - Canvas Business Model: Cost Structure

You're looking at the cost side of Minim, Inc.'s (now FiEE, Inc.) business model as they aggressively pivot from legacy hardware sales to an AI/IoT software and SaaS focus. The cost structure reflects this painful, cash-intensive transition period. Honestly, the old model's high Cost of Revenue is being replaced by high investment in the new model, but the burn rate remains high for now.

High cost of revenue due to reliance on contract manufacturing and supply chain

While the company is moving toward software, the remaining product component still carries significant weight, especially given the supply chain volatility experienced through 2025. The reliance on contract manufacturing means that Cost of Revenue (CoR) is largely variable and tied to external production costs, which eats into the thin margins of any remaining hardware sales. The TTM revenue through mid-2025 was only $2.10 million, which puts extreme pressure on the CoR to be low enough to support operations.

Significant operating expenses, leading to a June 2025 quarterly Net Loss of $-1 Million

The operating expenses (OpEx) are the primary driver of the current losses as the company funds its pivot. For the quarter ending June 2025, Minim, Inc. reported a Net Loss of $-1 Million. This loss is a direct result of OpEx outpacing the minimal revenue generated during this transition phase. To be fair, this loss figure represents an improvement of -31.1% year-over-year in the loss amount, showing some cost control is taking effect.

Research and development (R&D) for new AI/IoT software and SaaS products

A major component of the current cost structure is the investment in the new technology stack. This spending is strategic, aiming to shift the revenue mix toward higher-margin recurring revenue streams. A concrete example of this investment is the $1.4 million asset purchase agreement signed on June 30, 2025, by its subsidiary, FiEE (HK) Limited, to acquire key intellectual properties from Suzhou Yixuntong Network Technology Co., Ltd. This acquisition directly bolsters the R&D and product capability for the new AI/IoT focus.

Corporate overhead and administrative costs associated with the transition/merger

The corporate overhead includes costs related to the strategic transition, including the ticker symbol change to 'FIEE' effective July 10, 2025, and the general administrative costs of running a leaner operation while simultaneously integrating new technology. The overall financial instability is underscored by the balance sheet as of July 2025, showing Total Debt of $861,796 and a negative Stockholders' Equity of $-503,902. These figures reflect the cumulative costs of operations and transition not covered by revenue.

Negative Operating Cash Flow of $-1.2 million in the June 2025 quarter

The cash flow statement is the clearest indicator of the current cost structure's impact. For the quarter ending June 2025, the company experienced a Negative Operating Cash Flow (OCF) of $-1.2 million. This means the core business activities consumed cash rather than generating it, forcing reliance on financing activities to sustain operations. The TTM Net Loss through mid-2025 was a substantial $-5.52 million, which aligns with this ongoing cash burn.

Here's a quick look at the key financial metrics that define the current cost burden:

Metric	Amount (Period)
Quarterly Net Loss	$-1 Million (June 2025 Quarter)
Operating Cash Flow	$-1.2 Million (June 2025 Quarter)
TTM Revenue	$2.10 Million (Mid-2025)
TTM Net Loss	$-5.52 Million (Mid-2025)
Strategic Asset Acquisition Cost	$1.4 Million (June 30, 2025)

The company is defintely spending heavily to build the new platform, which is reflected in the negative cash flow and net loss figures. You should watch the next quarterly report to see if the revenue from the new SaaS initiatives starts to offset these high R&D and overhead costs.

Minim, Inc. (MINM) - Canvas Business Model: Revenue Streams

You're looking at the revenue streams for Minim, Inc. (MINM) right now, and honestly, the numbers tell a story of a major pivot underway. The core of the business, as it stands, is still heavily tied to the sale of communications hardware, but the future focus is clearly shifting to software and new platforms. We have to look at the current state while acknowledging the strategic moves being made to build out the recurring revenue base.

The most immediate, hard number you need to anchor on is the Trailing Twelve-Month (TTM) revenue. For the TTM ending around mid-2025, Minim, Inc. reported TTM revenue of approximately $2.10 million. This figure comes alongside a brutal year-over-year revenue contraction of -94.04% for that same TTM period. Here's the quick math: that massive decline signals a near-total collapse of the legacy revenue base, which is defintely something to watch as the new model takes hold. What this estimate hides is the impact of the company's corporate actions, like the recent ticker change to FIEE, which signals a strategic reset.

The traditional revenue component centers on the Sale of Motorola-branded modems and routers (hardware sales). Minim, Inc. delivers these cable modems, routers, gateways, and mesh networking devices through retailers and e-commerce channels in the United States. This product side is what historically drove the bulk of the top line, but the current TTM figure reflects its diminished contribution during this transition phase.

The future growth narrative is built upon recurring software revenue, specifically the Subscription revenue from intelligent software solutions (e.g., motosync). The company delivers intelligent software, including mobile applications and a Web application, that makes network management and security simple for users. This is the foundation for the subscription model, aiming to provide more predictable income compared to one-time hardware purchases.

Furthermore, the business model has historically included revenue from Licensing and service agreements for proprietary grid automation technology. This segment involves leveraging proprietary technologies to automate grid control systems, providing integrated solutions that fortify grid reliability through direct sales, technology licensing, and comprehensive support services.

To capture the emerging revenue from the strategic shift, you must track the New SaaS product sales from the IoT-AI content platform. Following a recent acquisition of key technology assets for $1.4 million, the company is actively working to ignite these new revenue streams and improve its SaaS offerings. The company also used the Osaka Expo 2025 to unveil these new SaaS products, aiming to capitalize on digital market offerings. This points to a direct push into new, potentially high-margin software sales.

Here is a snapshot of the key financial metrics related to the revenue performance as of mid-2025:

Metric	Amount/Rate (as of mid-2025 data)
Trailing Twelve-Month (TTM) Revenue	$2.10 million
Year-over-Year (YoY) Revenue Change (TTM)	-94.04%
Recent Acquisition for Tech Assets (to fuel SaaS)	$1.4 million
TTM Net Income (Loss)	-$5.52 million

You should be tracking the following elements that feed into the Revenue Streams block of the Canvas:

• Hardware sales of Motorola-branded modems and routers.
• Revenue from the AI-driven cloud software platform.
• Income from licensing proprietary grid automation technology.
• Sales from the new IoT-AI content platform's SaaS products.
• Service agreements tied to grid stability solutions.

Finance: draft 13-week cash view by Friday.