Security
MIND Technology, Inc. Common Stock (DE) · MIND
MINDNASDAQCommon stockCurrentCIK 926423Updated Oct 6, 2026
Name history
MITCHAM INDUSTRIES INC · through Aug 7, 2020
MIND price & chart
Loading TradingView…
NASDAQ:MIND on TradingView ↗In the news
MIND Technology Announces Fiscal 2026 Third Quarter Earnings Release and Conference Call Schedule News provided by MIND Technology, Inc. Nov 25, 2025, 16:15 ET Share this article Share to X Share this article Share to X THE WOODLANDS, Texas , Nov. 25, 2025 /PRNewswire/ -- MIND Technology, Inc. (NASD ↗
Recent filings
10-Q filing
Results of Operations and Financial Condition · Regulation FD Disclosure
Items 2.02, 7.01, 9.01
Submission of Matters to a Vote of Security Holders
Items 5.07
10-Q filing
Results of Operations and Financial Condition · Regulation FD Disclosure
Items 2.02, 7.01, 9.01
Show 5 more recent filings
Financials
FY 2026 · USDSource
Source
Source
Source
Source
balance sheet · annual statements
| Line item | Q3 2026 | Q3 2025 | Q2 2027 | Q2 2026 | Q2 2025 | Q1 2027 | Q1 2026 | Q1 2025 | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||||||
| AssetsUSD | 47,344,000Source | 36,107,000Source | 46,690,000Source | 35,831,000Source | 37,836,000Source | 50,763,000Source | 36,226,000Source | 34,863,000Source | 49,266,000Source | 36,720,000Source | 33,491,000Source | 32,858,000Source |
| Property, Plant and Equipment, NetUSD | 1,168,000Source | 775,000Source | 1,163,000Source | 1,158,000Source | 782,000Source | 1,196,000Source | 1,048,000Source | 791,000Source | 1,235,000Source | 890,000Source | 818,000Source | 3,945,000Source |
| Current assets: | ||||||||||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 19,387,000Source | 3,505,000Source | 15,758,000Source | 7,832,000Source | 1,904,000Source | 17,656,000Source | 9,172,000Source | 924,000Source | 19,050,000Source | 5,336,000Source | 5,289,000Source | 778,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 10,607,000Source | 9,471,000Source | 15,034,000Source | 10,926,000Source | 9,586,000Source | 16,515,000Source | 7,779,000Source | 9,412,000Source | 12,570,000Source | 11,817,000Source | 6,566,000Source | 3,993,000Source |
| Inventory, NetUSD | 11,713,000Source | 17,249,000Source | 10,526,000Source | 11,817,000Source | 19,069,000Source | 10,977,000Source | 13,447,000Source | 16,161,000Source | 11,150,000Source | 13,745,000Source | 13,371,000Source | 15,318,000Source |
| Assets, CurrentUSD | 42,781,000Source | 31,264,000Source | 42,854,000Source | 31,728,000Source | 32,634,000Source | 46,741,000Source | 31,708,000Source | 29,511,000Source | 44,884,000Source | 32,115,000Source | 28,339,000Source | 22,233,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 1,074,000Source | 1,039,000Source | 1,536,000Source | 1,153,000Source | 2,075,000Source | 1,593,000Source | 1,310,000Source | 3,014,000Source | 2,114,000Source | 1,217,000Source | 3,113,000Source | 2,144,000Source |
| Operating Lease, Right-of-Use AssetUSD | 1,267,000Source | 1,526,000Source | 839,000Source | 841,000Source | 1,732,000Source | 910,000Source | 1,221,000Source | 1,725,000Source | 1,092,000Source | 1,320,000Source | 1,324,000Source | 1,749,000Source |
| Other Assets, NoncurrentUSD | — | — | — | — | — | — | — | — | — | — | — | 0Source |
| LIABILITIES AND EQUITY | ||||||||||||
| LiabilitiesUSD | 7,401,000Source | 10,900,000Source | 6,357,000Source | 6,987,000Source | 13,349,000Source | 9,239,000Source | 9,592,000Source | 11,220,000Source | 7,849,000Source | 9,388,000Source | 10,850,000Source | 9,806,000Source |
| Stockholders’ equity: | ||||||||||||
| Preferred Stock, Value, IssuedUSD | — | 0Source | — | — | 37,779,000Source | — | — | 37,779,000Source | 0Source | 0Source | 37,779,000Source | 37,779,000Source |
| Common Stock, Value, IssuedUSD | 90,000Source | 80,000Source | 91,000Source | 80,000Source | 14,000Source | 91,000Source | 80,000Source | 14,000Source | 91,000Source | 80,000Source | 14,000Source | 157,000Source |
| Retained Earnings (Accumulated Deficit)USD | -107,427,000Source | -110,479,000Source | -109,843,000Source | -107,489,000Source | -126,555,000Source | -108,109,000Source | -109,418,000Source | -127,353,000Source | -107,698,000Source | -108,448,000Source | -128,307,000Source | -127,635,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | 34,000Source | 34,000Source | 34,000Source | 34,000Source | 34,000Source | 34,000Source | 34,000Source | 34,000Source | 34,000Source | 34,000Source | 34,000Source | 34,000Source |
| Stockholders' Equity Attributable to ParentUSD | 39,943,000Source | 25,207,000Source | 40,333,000Source | 28,844,000Source | 24,487,000Source | 41,524,000Source | 26,634,000Source | 23,643,000Source | 41,417,000Source | 27,332,000Source | 22,641,000Source | 23,052,000Source |
| Additional Paid in Capital, Common StockUSD | 147,246,000Source | 135,572,000Source | 150,051,000Source | 136,219,000Source | 113,215,000Source | 149,508,000Source | 135,938,000Source | 113,169,000Source | 148,990,000Source | 135,666,000Source | 113,121,000Source | 129,580,000Source |
| Liabilities and EquityUSD | 47,344,000Source | 36,107,000Source | 46,690,000Source | 35,831,000Source | 37,836,000Source | 50,763,000Source | 36,226,000Source | 34,863,000Source | 49,266,000Source | 36,720,000Source | 33,491,000Source | 32,858,000Source |
| Current liabilities: | ||||||||||||
| Liabilities, CurrentUSD | 6,816,000Source | 10,034,000Source | 6,196,000Source | 6,621,000Source | 12,364,000Source | 8,984,000Source | 8,941,000Source | 10,223,000Source | 7,443,000Source | 8,645,000Source | 10,277,000Source | 8,931,000Source |
| Operating Lease, Liability, CurrentUSD | 682,000Source | 660,000Source | 678,000Source | 475,000Source | 747,000Source | 655,000Source | 570,000Source | 728,000Source | 686,000Source | 577,000Source | 751,000Source | 903,000Source |
| Accounts Payable, CurrentUSD | 1,698,000Source | 2,179,000Source | 607,000Source | 1,179,000Source | 4,387,000Source | 1,499,000Source | 2,011,000Source | 1,703,000Source | 1,214,000Source | 2,558,000Source | 1,623,000Source | 4,101,000Source |
| Operating Lease, Liability, NoncurrentUSD | 585,000Source | 866,000Source | 161,000Source | 366,000Source | 985,000Source | 255,000Source | 651,000Source | 997,000Source | 406,000Source | 743,000Source | 573,000Source | 846,000Source |
| Deferred Income Tax Liabilities, NetUSD | — | — | — | — | — | — | — | — | — | — | 0Source | 29,000Source |
| Additional Financial Items | ||||||||||||
| Accounts Receivable, after Allowance for Credit LossUSD | — | — | — | — | — | — | — | — | — | — | — | 3,993,000Source |
| Accrued Liabilities, CurrentUSD | — | — | — | — | — | — | — | — | — | 1,245,000Source | 5,586,000Source | 2,247,000Source |
| Deferred Tax Liabilities, NetUSD | — | — | — | — | — | — | — | — | 0Source | 0Source | 0Source | 29,000Source |
| Dividends Payable, CurrentUSD | — | — | — | — | — | — | — | — | — | — | — | 0Source |
cash flow · annual statements
| Line item | Q4 2026 | Q4 2025 | Q3 2026 | Q3 2025 | Q2 2027 | Q2 2026 | Q1 2027 | Q1 2026 | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Depreciation, Depletion and AmortizationUSD | — | — | 212,000Source | 221,000Source | 224,000Source | 217,000Source | 228,000Source | 225,000Source | 873,000Source | 944,000Source | 1,178,000Source | 1,887,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | — | — | — | — | — | — | 518,000Source | 272,000Source | 1,550,000Source | 235,000Source | 261,000Source | 654,000Source |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in InventoriesUSD | — | — | — | — | — | — | -172,000Source | -282,000Source | -2,366,000Source | 441,000Source | 3,601,000Source | 1,756,000Source |
| Deferred Income Tax Expense (Benefit)USD | — | — | — | — | — | — | — | — | -215,000Source | 35,000Source | -151,000Source | -63,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | — | — | — | — | — | — | -1,346,000Source | 4,068,000Source | 2,586,000Source | 651,000Source | -4,967,000Source | -2,905,000Source |
| Cash flows from investing activities: | ||||||||||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | — | — | — | — | — | — | -48,000Source | -237,000Source | -663,000Source | 20,000Source | 11,018,000Source | 470,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | — | — | — | — | — | — | 48,000Source | 237,000Source | 663,000Source | 437,000Source | 241,000Source | 570,000Source |
| Cash flows from financing activities: | ||||||||||||
| Payments for Repurchase of Common StockUSD | — | — | — | — | — | — | — | — | — | — | 0Source | 1,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | — | — | — | — | — | — | 0Source | 0Source | 11,785,000Source | -619,000Source | -1,535,000Source | -1,895,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | — | — | — | — | — | — | -1,394,000Source | 3,836,000Source | 13,714,000Source | 47,000Source | 4,511,000Source | -4,336,000Source |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | — | — | — | — | — | — | — | — | — | 0Source | 634,000Source | 4,000Source |
| Income Taxes Paid, NetUSD | — | — | — | — | — | — | 411,000Source | 80,000Source | 2,202,000Source | — | — | — |
| Additional Financial Items | ||||||||||||
| Share-based Payment Arrangement, ExpenseUSD | — | — | 283,000Source | 47,000Source | 518,000Source | 281,000Source | 518,000Source | 272,000Source | 1,600,000Source | 235,000Source | 261,000Source | 654,000Source |
| Amortization of Intangible AssetsUSD | — | — | 138,000Source | 146,000Source | 139,000Source | 145,000Source | 113,000Source | 148,000Source | 572,000Source | 638,000Source | 795,000Source | 1.1Source |
| DepreciationUSD | — | — | 79,000Source | 75,000Source | 85,000Source | 72,000Source | 115,000Source | 77,000Source | 301,000Source | 306,000Source | 383,000Source | 806,000Source |
| Depreciation, Amortization and Accretion, NetUSD | — | — | — | — | — | — | 228,000Source | 225,000Source | 873,000Source | 944,000Source | 1,516,000Source | 1,887,000Source |
| Dividends Payable, CurrentUSD | — | — | — | — | — | — | — | — | — | — | — | 0Source |
| Gain (Loss) on Disposition of BusinessUSD | — | — | — | — | — | — | — | — | — | — | 2,343,000Source | — |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | — | — | — | — | — | — | — | — | — | — | 0Source | — |
| Gain (Loss) on Extinguishment of DebtUSD | — | — | — | — | — | — | — | — | — | — | — | 0Source |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | — | — | — | — | — | — | — | — | — | — | — | -7,431,000Source |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | — | — | — | 1,291,000Source | — | — | — | — | — | 5,074,000Source | — | — |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to ParentUSD | — | — | — | 0Source | — | — | — | — | — | 0Source | 1,374,000Source | -1,401,000Source |
| Income Tax Expense (Benefit)USD | — | — | 716,000Source | 396,000Source | 18,000Source | 670,000Source | 476,000Source | 294,000Source | 2,151,000Source | 1,984,000Source | 1,338,000Source | 699,000Source |
| Inventory Write-downUSD | — | — | — | — | — | — | 0Source | 15,000Source | 227,000Source | 68,000Source | 341,000Source | 445,000Source |
| Net Income (Loss) Attributable to ParentUSD | — | — | 62,000Source | 1,291,000Source | -1,734,000Source | 1,929,000Source | -411,000Source | -970,000Source | 750,000Source | 5,074,000Source | 274,000Source | -8,832,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | — | 62,000Source | 15,708,000Source | — | 1,929,000Source | — | -970,000Source | 750,000Source | 17,603,000Source | -3,514,000Source | -12,620,000Source |
| Nonoperating Income (Expense)USD | — | — | 4,000Source | -189,000Source | 80,000Source | -65,000Source | 51,000Source | -18,000Source | -108,000Source | — | -1,100,000Source | 882,000Source |
| Operating ExpensesUSD | — | — | 3,739,000Source | 3,545,000Source | 3,886,000Source | 4,165,000Source | 4,083,000Source | 3,989,000Source | 15,806,000Source | 14,149,000Source | 15,453,000Source | 20,589,000Source |
| Other Nonoperating Income (Expense)USD | — | — | 4,000Source | -189,000Source | 80,000Source | -65,000Source | 51,000Source | -18,000Source | 43,000Source | 240,000Source | -280,000Source | 882,000Source |
| Proceeds from Issuance of Common StockUSD | — | — | — | — | — | — | — | — | 11,785,000Source | — | — | 0Source |
| InterestExpenseNonoperating | — | — | — | —Source | — | — | — | — | — | — | — | — |
income statement · annual statements
| Line item | Q4 2026 | Q4 2025 | Q3 2026 | Q3 2025 | Q2 2027 | Q2 2026 | Q1 2027 | Q1 2026 | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total RevenueUSD | — | — | 9,688,000Source | 12,105,000Source | 5,622,000Source | 13,561,000Source | 9,672,000Source | 7,902,000Source | 40,947,000Source | 46,863,000Source | 36,510,000Source | 35,091,000Source |
| Selling, General and Administrative ExpenseUSD | — | — | 3,021,000Source | 2,762,000Source | 3,255,000Source | 3,637,000Source | 3,545,000Source | 3,384,000Source | 13,347,000Source | 11,291,000Source | 12,142,000Source | 15,304,000Source |
| Operating Income (Loss)USD | — | — | 774,000Source | 1,876,000Source | -1,796,000Source | 2,664,000Source | 14,000Source | -658,000Source | 2,858,000Source | 6,818,000Source | 518,000Source | -7,614,000Source |
| Other Nonoperating Income (Expense)USD | — | — | 4,000Source | -189,000Source | 80,000Source | -65,000Source | 51,000Source | -18,000Source | 43,000Source | 240,000Source | -280,000Source | 882,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | — | — | 778,000Source | 1,687,000Source | -1,716,000Source | 2,599,000Source | 65,000Source | -676,000Source | 2,901,000Source | 7,058,000Source | 238,000Source | -6,732,000Source |
| Income Tax Expense (Benefit)USD | — | — | 716,000Source | 396,000Source | 18,000Source | 670,000Source | 476,000Source | 294,000Source | 2,151,000Source | 1,984,000Source | 1,338,000Source | 699,000Source |
| Net Income (Loss) Attributable to ParentUSD | — | — | 62,000Source | 1,291,000Source | -1,734,000Source | 1,929,000Source | -411,000Source | -970,000Source | 750,000Source | 5,074,000Source | 274,000Source | -8,832,000Source |
| Earnings Per Share, BasicUSD per share | — | — | 0.01Source | 2.87Source | -0.19Source | 0.24Source | -50Source | -120Source | 0.09Source | 4.32Source | -2.5Source | -0.92Source |
| Earnings Per Share, DilutedUSD per share | — | — | — | — | — | — | — | — | — | — | — | -0.92Source |
| Weighted Average Number of Shares Outstanding, Basicshares | — | — | 8,046,000Source | 5,473,000Source | 9,089,000Source | 7,969,000Source | 9,089,000Source | 7,969,000Source | 8,258,000Source | 4,078Source | 1,406,000Source | 13,784,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | — | — | — | — | — | — | — | — | 8,328,000Source | 4,078Source | 1,406,000Source | 13,784,000Source |
| Additional Financial Items | ||||||||||||
| Amortization of Intangible AssetsUSD | — | — | 138,000Source | 146,000Source | 139,000Source | 145,000Source | 113,000Source | 148,000Source | 572,000Source | 638,000Source | 795,000Source | 1.1Source |
| Cost of Goods and Service, Excluding Depreciation, Depletion, and AmortizationUSD | — | — | 5,175,000Source | 6,684,000Source | 3,532,000Source | 6,732,000Source | 5,575,000Source | 4,571,000Source | 22,283,000Source | 25,896,000Source | — | 22,116,000Source |
| Current Income Tax Expense (Benefit)USD | — | — | — | — | — | — | — | — | 2,366,000Source | 1,949,000Source | 1,489,000Source | 762,000Source |
| Gross ProfitUSD | — | — | 4,513,000Source | 5,421,000Source | 2,090,000Source | 6,829,000Source | 4,097,000Source | 3,331,000Source | 18,664,000Source | 20,967,000Source | 15,971,000Source | 12,975,000Source |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | — | — | — | — | — | — | — | — | — | — | — | -7,431,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | — | — | — | — | — | — | — | — | -8,333,000Source | -6,049,000Source | -8,075,000Source | -10,446,000Source |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | — | — | — | 1,291,000Source | — | — | — | — | — | 5,074,000Source | — | — |
| Income (Loss) from Continuing Operations, Per Basic ShareUSD per share | — | — | — | 2.87Source | — | — | — | — | — | 4.32Source | -3.48Source | -0.82Source |
| Income (Loss) from Continuing Operations, Per Diluted ShareUSD per share | — | — | — | — | — | — | — | — | — | — | — | -0.82Source |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to ParentUSD | — | — | — | 0Source | — | — | — | — | — | 0Source | 1,374,000Source | -1,401,000Source |
| Interest Income (Expense), Nonoperating, NetUSD | — | — | — | — | — | — | — | — | 151,000Source | 4,000Source | — | — |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | — | 62,000Source | 15,708,000Source | — | 1,929,000Source | — | -970,000Source | 750,000Source | 17,603,000Source | -3,514,000Source | -12,620,000Source |
| Nonoperating Income (Expense)USD | — | — | 4,000Source | -189,000Source | 80,000Source | -65,000Source | 51,000Source | -18,000Source | -108,000Source | — | -1,100,000Source | 882,000Source |
| Operating ExpensesUSD | — | — | 3,739,000Source | 3,545,000Source | 3,886,000Source | 4,165,000Source | 4,083,000Source | 3,989,000Source | 15,806,000Source | 14,149,000Source | 15,453,000Source | 20,589,000Source |
| Research and Development ExpenseUSD | — | — | 506,000Source | 562,000Source | 407,000Source | 311,000Source | 310,000Source | 380,000Source | 1,586,000Source | 1,914,000Source | 2,133,000Source | 3,398,000Source |
| Interest Expense (non-operating) | — | — | — | —Source | — | — | — | — | — | — | — | — |