Company research
MIND CTI LTD
CIK 1119083Updated Sep 24, 2026
SecurityMNDO · NASDAQ · equity
MNDO price & chart
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Recent filings
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Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 30,166,000Source | 30,702,000Source | 31,625,000Source | 31,743,000Source |
| Property, Plant and Equipment, NetUSD | 126,000Source | 156,000Source | 216,000Source | 225,000Source |
| GoodwillUSD | 9,963,000Source | 7,729,000Source | 7,872,000Source | 7,785,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 1,376,000Source | 135,000Source | 266,000Source | 374,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 8,116,000Source | 4,452,000Source | 2,958,000Source | — |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 1,713,000Source | 2,498,000Source | 2,295,000Source | — |
| Assets, CurrentUSD | 16,082,000Source | 18,919,000Source | 19,714,000Source | 20,298,000Source |
| Operating Lease, Right-of-Use AssetUSD | 876,000Source | 861,000Source | 690,000Source | 946,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 7,117,000Source | 6,406,000Source | 7,137,000Source | 7,936,000Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 54,000Source | 54,000Source | 54,000Source | 54,000Source |
| Retained Earnings (Accumulated Deficit)USD | -3,470,000Source | -1,572,000Source | -1,334,000Source | -1,662,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -625,000Source | -1,207,000Source | -1,001,000Source | -1,073,000Source |
| Stockholders' Equity Attributable to ParentUSD | 23,049,000Source | 24,296,000Source | 24,488,000Source | 23,807,000Source |
| Additional Paid in Capital, Common StockUSD | 28,020,000Source | 27,904,000Source | 27,776,000Source | 27,546,000Source |
| Liabilities and EquityUSD | 30,166,000Source | 30,702,000Source | 31,625,000Source | 31,743,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 4,195,000Source | 3,275,000Source | 4,473,000Source | 5,172,000Source |
| Operating Lease, Liability, CurrentUSD | 255,000Source | 188,000Source | 218,000Source | 271,000Source |
| Accounts Payable, CurrentUSD | 546,000Source | 769,000Source | — | — |
| Operating Lease, Liability, NoncurrentUSD | 674,000Source | 637,000Source | 424,000Source | 615,000Source |
| Deferred Income Tax Liabilities, NetUSD | 413,000Source | 40,000Source | 80,000Source | — |
| Other Liabilities, NoncurrentUSD | — | — | — | 1,930,000Source |
| Additional Financial Items | ||||
| Deferred Revenue, CurrentUSD | 1,960,000Source | — | 1,517,000Source | 1,986,000Source |
| Deferred Revenue, NoncurrentUSD | 239,000Source | — | 100,000Source | 107,000Source |
| Short-term InvestmentsUSD | — | — | 13,464,000Source | 12,040,000Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 270,000Source | — | 196,000Source | 193,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 199,000Source | 252,000Source | 281,000Source | 258,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | -1,496,000Source | 4,000Source | 549,000Source | 666,000Source |
| Increase (Decrease) in Accounts PayableUSD | -325,000Source | -173,000Source | — | — |
| Deferred Income Tax Expense (Benefit)USD | -99,000Source | -43,000Source | 6,000Source | 7,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 3,986,000Source | 4,114,000Source | 4,100,000Source | 4,558,000Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | 4,274,000Source | 2,291,000Source | -1,541,000Source | 1,829,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 27,000Source | 10,000Source | 64,000Source | 130,000Source |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -4,632,000Source | -4,868,000Source | -4,839,000Source | -5,227,000Source |
| Payments of Ordinary Dividends, Common StockUSD | — | — | 4,839,000Source | 5,227,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 3,664,000Source | 1,494,000Source | -2,307,000Source | 1,083,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 8,116,000Source | 4,452,000Source | 2,958,000Source | 5,265,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Income Taxes Paid, NetUSD | 382,000Source | 393,000Source | 419,000Source | 413,000Source |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 36,000Source | -43,000Source | -27,000Source | -77,000Source |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | 199,000Source | 252,000Source | 281,000Source | — |
| Deferred Other Tax Expense (Benefit)USD | — | — | — | 330,000Source |
| DepreciationUSD | 69,000Source | 67,000Source | 76,000Source | 77,000Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | — | — | — | 99,000Source |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | -11,000Source | — | — | — |
| General and Administrative ExpenseUSD | 2,319,000Source | 1,683,000Source | 1,417,000Source | 1,523,000Source |
| GoodwillUSD | 9,963,000Source | 7,729,000Source | 7,872,000Source | 7,785,000Source |
| Income Tax Expense (Benefit)USD | 163,000Source | 334,000Source | 359,000Source | 330,000Source |
| Marketable Securities, Unrealized Gain (Loss)USD | 7,000Source | 11,000Source | — | -34,000Source |
| Net Income (Loss) Attributable to ParentUSD | 2,604,000Source | 4,630,000Source | 5,167,000Source | 5,287,000Source |
| Nonoperating Income (Expense)USD | 681,000Source | 587,000Source | 777,000Source | 93,000Source |
| Operating ExpensesUSD | 7,835,000Source | 6,360,000Source | 6,117,000Source | 5,983,000Source |
| Other Nonoperating Income (Expense)USD | 681,000Source | 587,000Source | 777,000Source | 93,000Source |
| Revenue from Contract with Customer, Including Assessed TaxUSD | 19,457,000Source | — | 21,612,000Source | — |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 19,457,000Source | 21,446,000Source | 21,612,000Source | 21,551,000Source |
| Cost of RevenueUSD | — | — | — | 9,936,000Source |
| Operating Income (Loss)USD | 2,086,000Source | 4,377,000Source | 4,749,000Source | 5,524,000Source |
| Other Nonoperating Income (Expense)USD | 681,000Source | 587,000Source | 777,000Source | 93,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 2,767,000Source | 4,964,000Source | 5,526,000Source | 5,617,000Source |
| Income Tax Expense (Benefit)USD | 163,000Source | 334,000Source | 359,000Source | 330,000Source |
| Net Income (Loss) Attributable to ParentUSD | 2,604,000Source | 4,630,000Source | 5,167,000Source | 5,287,000Source |
| Earnings Per Share, BasicUSD per share | 0.13Source | 0.23Source | 0.26Source | 0.26Source |
| Earnings Per Share, DilutedUSD per share | 0.13Source | 0.22Source | 0.25Source | 0.26Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 20,466,000Source | 20,297,000Source | 20,163,000Source | 20,099,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 20,628,000Source | 20,581,000Source | 20,471,000Source | 20,397,000Source |
| Additional Financial Items | ||||
| Current Income Tax Expense (Benefit)USD | 262,000Source | 377,000Source | 353,000Source | 323,000Source |
| Depreciation, Depletion and Amortization, NonproductionUSD | 270,000Source | 186,000Source | — | — |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | — | — | — | 99,000Source |
| General and Administrative ExpenseUSD | 2,319,000Source | 1,683,000Source | 1,417,000Source | 1,523,000Source |
| Gross ProfitUSD | 9,921,000Source | 10,737,000Source | 10,866,000Source | 11,507,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | 1,753,000Source | 3,757,000Source | 4,830,000Source | 5,144,000Source |
| Interest ExpenseUSD | — | — | — | 60,000Source |
| Nonoperating Income (Expense)USD | 681,000Source | 587,000Source | 777,000Source | 93,000Source |
| Operating ExpensesUSD | 7,835,000Source | 6,360,000Source | 6,117,000Source | 5,983,000Source |
| Other Cost of Operating RevenueUSD | — | — | — | 63,000Source |
| Other ExpensesUSD | 23,000Source | — | — | — |
| Other General and Administrative ExpenseUSD | — | — | — | 35,000Source |
| Other IncomeUSD | 0Source | 9,000Source | 10,000Source | — |
| Research and Development ExpenseUSD | 4,051,000Source | 3,391,000Source | 3,538,000Source | 3,495,000Source |
| Revenue from Contract with Customer, Including Assessed TaxUSD | 19,457,000Source | — | 21,612,000Source | — |
| Selling and Marketing ExpenseUSD | 1,465,000Source | 1,286,000Source | 1,162,000Source | 965,000Source |