Explain Everything
Explain Everything makes a whiteboard app for classroom teaching, owned by Promethean/Mynd.ai.
On the record
Checkpoint: Mynd.ai next quarterly filing and NYSE American compliance check
The call
Explain Everything survives as a bundled feature on shrinking Promethean hardware sales inside a parent company losing money and revenue every year.
Explain Everything is a whiteboard app that lets teachers and students draw, write, and present ideas on a digital canvas. It is easy to replace because Microsoft, Google, and Canva now offer free whiteboard features built into their products, and AI tools like Copilot can generate diagrams automatically, making a standalone app less necessary. The parent company Mynd.ai has shrunk 60% in two years and faces delisting trouble, so the real risk is not competition but whether the parent company survives: if Mynd.ai's next two quarterly reports show continued decline or another delisting warning, Explain Everything could be shut down or merged away regardless of how good the product actually is.
Why
01
AI pressure: Copilot in Microsoft Whiteboard, Canva AI, FigJam AI, Nearpod generative lessons. Free AI-powered whiteboards from Microsoft, Canva, and Figma cover the same lesson-drawing tasks at no extra cost. Could AI do the core job? Yes, likely.
02
Bigger players: Microsoft (Whiteboard + Copilot bundled in Teams/365). Schools already pay for Microsoft 365, so a free bundled whiteboard with AI beats paying separately for Explain Everything. Could a giant copy it? Yes, easily.
03
What protects it. Bundling with Promethean ActivPanel hardware still in over 1 million classrooms gives it a captive install base.
What would change this call
Mynd.ai's next two quarterly/annual revenue filings on NYSE American. Shows whether the parent's steep revenue decline is stabilizing or continuing.
Any second NYSE American non-compliance or delisting notice for Mynd.ai. Would indicate deepening financial distress for Explain Everything's owner.
Whether Mynd.ai discloses standalone Explain Everything revenue or user growth. Would show if the sub-brand is treated as a real growth asset or an afterthought.
Any second NYSE American non-compliance or delisting notice for Mynd.ai. Would indicate deepening financial distress for Explain Everything's owner.
Whether Mynd.ai discloses standalone Explain Everything revenue or user growth. Would show if the sub-brand is treated as a real growth asset or an afterthought.
Key numbers
- Mynd.ai FY2025 revenue $167.9M, down 37% YoY
- Mynd.ai net loss $54.1M in FY2025
- NYSE American late-filing notice, resolved May 29, 2026
Named risks
- Parent Mynd.ai revenue fell from $411.8M (FY2023) to $167.9M (FY2025), threatening resourcing for Explain Everything.
- NYSE American late-filing non-compliance notice around May 18, 2026 signals delisting risk if recurring.
- No standalone financials or independently verified headcount for Explain Everything makes its viability unverifiable.
- Core whiteboard features are commodity and replicated free by Microsoft and Google AI tools.
- Augment Me AI integration effectiveness has no independent third-party verification as of July 2026.
Rivals, as read in July 2026
| Rival | Direction | Evidence |
|---|---|---|
| Microsoft (Whiteboard/Copilot) | losing to | Free bundled AI whiteboard in Teams/365 undercuts paid Explain Everything Advanced tier as of 2026 |
| Nearpod | losing to | Nearpod cited with ~1.2M educators and 25M students monthly versus smaller Explain Everything base, early 2026 |
| Google Workspace | contesting | After sunsetting Jamboard by end of 2024, Google users scattered across multiple alternatives, not solely Explain Everything |
| ClassPoint | gaining on | Marketed as fast-growing Jamboard/Nearpod alternative through 2026 |
| FigJam/Canva AI whiteboard | gaining on | Built-in generative AI whiteboard features compete on core drawing/annotation use cases as of 2026 |
Questions people ask
- Is Explain Everything owned by a public company?
- Yes. Explain Everything was acquired by Promethean on November 28, 2022, and Promethean is a brand of Mynd.ai, Inc., which trades on NYSE American under ticker MYND as of January 2026.
- Is Mynd.ai, the parent of Explain Everything, profitable?
- No. Mynd.ai posted a net loss of $54.1 million in FY2025, though that improved from a $95.7 million loss in FY2024, while revenue fell 37.2% year over year to $167.9 million, per its filings reported July 2026.
- Could AI replace Explain Everything?
- Its core drawing, annotation, and video-recording functions are commodity features already bundled free in Microsoft Whiteboard with Copilot and Google Workspace tools, and AI-native rivals like FigJam and Canva ship similar capabilities, per comparisons published through mid-2026.
- Who is Explain Everything's biggest competitor?
- Nearpod is cited as the larger classroom engagement platform, reportedly serving about 1.2 million educators and 25 million students monthly as of early 2026, per a third-party competitive analysis, versus Explain Everything's smaller, distribution-dependent footprint.
- Does Explain Everything have its own financial reports?
- No. Explain Everything has not disclosed standalone revenue since its November 28, 2022 acquisition by Promethean; it exists only inside Mynd.ai's consolidated financials, per Mynd.ai's FY2025 filings reported July 2026.
- What AI features has Explain Everything added?
- Promethean partnered with Augment Me Inc. on November 10, 2025 and launched an AI integration inside Explain Everything around December 2025, offering near-real-time student engagement insights and adaptive feedback, per Promethean's November 17, 2025 announcement.
Timeline
- 2026-07-01Explain Everything Advanced bundled with Promethean engagement apps via unified toolbar
- 2026-05-29Mynd.ai regains NYSE American compliance after filing late Form 20-F
- 2026-05-28Promethean HQ shown as Alpharetta, GA in InfoComm 2026 materials
- 2026-05-18Mynd.ai receives NYSE American non-compliance notice for late 20-F filing
- 2025-12Promethean expands distribution via MAXHUB, TD SYNNEX, and Midwich deals
- 2025-11-17Augment Me AI integration in Explain Everything announced for December launch
- 2025-11-10Promethean forges strategic partnership with Augment Me Inc.
- 2024-12Google discontinues Jamboard, recommends Explain Everything as alternative
- 2022-11-28Explain Everything acquired by Promethean
- 2015-05-11Explain Everything raises $2M Series A led by Credo Ventures
Revision history
22 July 2026
First assessed. Little protection left. The text above is fixed as of this date and is not edited afterwards.
In the same band
Sources
- Key Details, Impact, and What Comes Next (2025-02-18)
- Promethean named 'Company of the Year' at BETT Awards 2026 (2026-01-22)
- Mynd.ai (MYND) Revenue 2021-2025 (2026-06-25)
- MYND Financials: Income Statement, Balance Sheet & Cash Flow (2026-07-11)
- Mynd.ai Regains Compliance with NYSE American Filing Requirements (2026-05-29)
- Promethean showcases award-winning workplace solutions at InfoComm 2026 (2026-05-28)
- A Drawing App by Explain Everything
- Explain Everything secures $2M Series (2015-05-11)
- Explain Everything Whiteboard App (2024-04-09)
- Mynd Announces 2025 First Half Results (2025-08-27)
- Explain Everything Employee Directory, Headcount & Staff (2026-05-31)
- Mynd.ai (MYND) Revenue 2021-2025 (2026-06-25)