MIND Technology, Inc.

MIND Technology, Inc.

MINDยทNASDAQ

$6.76

+0.30%
TechnologyHardware, Equipment & Parts

MIND Technology, Inc., together with its subsidiaries, provides technology to the oceanographic, hydrographic, defense, seismic, and maritime security industries. The company's products include the GunLink seismic source acquisition and control systems that provide operators of marine seismic surveys with precise monitoring and control of energy sources; the BuoyLink RGPS tracking system, which is used to offer precise positioning of marine seismic energy sources and streamers; Digishot energy source controllers; Sleeve Gun energy sources; and SeaLink product line of marine sensors and solid streamer systems. It also provides streamer weight collars, depth and pressure transducers, air control valves, and source array systems; spare and replacement parts; and repair and engineering services, training and field service operations, and umbilical terminations, as well as side scan sonar equipment and systems. The company markets its products to governmental and commercial customers through internal sales organization and a network of distributors and representatives. It operates in the United States, Europe, Canada, Latin America, the Asia/South Pacific, Eurasia, and internationally. The company was formerly known as Mitcham Industries, Inc. MIND Technology, Inc. was incorporated in 1987 and is headquartered in The Woodlands, Texas.

At a Glance

Live Snapshot
Market Cap$61.44M
EPS0.0900
P/E Ratio75.11
Earnings Date06/09/2026
3Y+34.0%
5Y+47.0%
10Y+17.0%
3Y-16.0%
5Y-28.0%
10Y-33.0%
3Y+52.0%
5Y+83.0%
10Y+37.0%
mind

MIND Technology, Inc. Funding & Solvency Profile

MIND ยท NASDAQ
Cash & Cash Equivalents19.05M
Net Receivables12.57M
Inventory11.15M
Other Current Assets2.11M
Total Current Assets45 M
Property, Plant & Equipment2.33M
Goodwill & Intangible Assets1.75M
Long-Term Investments0.00
Other Non-Current Assets0.00
Total Non-Current Assets2 M
Total Assets
49.27M

Financial Health Analysis

Current Ratio

6.03x

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

Debt-to-Equity Ratio

0.19x

Conservative capital structure. The company relies primarily on equity financing, indicating low financial risk.

Working Capital

37 M

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

Asset Composition

91% Current

Asset-light business model with high liquidity. Majority of assets are easily convertible to cash.

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.

MIND Technology, Inc. Balance Sheet

MIND โ€ข NASDAQ

MIND Technology, Inc. Balance SheetJan 2026Jan 2026Jan 2025Jan 2025Jan 2024Jan 2024Jan 2023Jan 2023Jan 2022Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012
ASSETS
CURRENT ASSETS
19.1M
19.1M
5.3M
5.3M
5.3M
5.3M
778K
778K
5.1M
5.1M
4.6M
3.1M
9.4M
9.9M
2.9M
3.8M
5.2M
15.2M
15.2M
15.3M
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
0.0
0.0
0.0
0.0
15.3M
19.1M
19.1M
5.3M
5.3M
5.3M
5.3M
778K
778K
5.1M
5.1M
4.6M
3.1M
9.4M
9.9M
2.9M
3.8M
5.2M
15.2M
15.2M
15.3M
12.6M
12.6M
11.8M
11.8M
6.6M
6.6M
4M
4M
8.1M
8.1M
4.7M
6.6M
12.1M
10.5M
15.8M
22M
27.3M
30.5M
25.2M
38.1M
12.6M
12.6M
11.8M
11.8M
6.6M
6.6M
4M
4M
8.1M
8.1M
4.7M
6.6M
12.1M
10.5M
15.8M
22M
27.3M
30.5M
25.2M
38.1M
11.2M
11.2M
13.7M
13.7M
13.4M
13.4M
15.3M
15.3M
14M
14M
11.5M
13.3M
10.8M
10.9M
12M
12.9M
11.5M
8.3M
6.2M
6.7M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
1.8M
1.8M
1.7M
2M
1.7M
1.6M
1.6M
2.5M
1M
2.2M
5.6M
0.0
2.1M
2.1M
1.2M
1.2M
3.1M
3.1M
2.1M
2.1M
159K
159K
4.3M
15.1M
2.4M
244K
2.8M
1.7M
9.2M
6M
5.7M
5.2M
44.9M
44.9M
32.1M
32.1M
28.3M
28.3M
22.2M
22.2M
29.2M
29.2M
26.8M
30.6M
36.3M
33M
35.1M
42.9M
54.1M
62.2M
57.9M
65.3M
NON-CURRENT ASSETS
2.3M
2.3M
2.2M
2.2M
2.1M
2.1M
5.7M
5.7M
6.1M
6.1M
6.2M
16.1M
14.2M
22.9M
43.8M
73.5M
100.1M
129.6M
119.6M
120.4M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
2.5M
2.5M
2.5M
4M
4.2M
5.6M
4.3M
4.3M
4.3M
1.8M
1.8M
2.3M
2.3M
2.9M
2.9M
4.9M
4.9M
6M
6M
6.8M
8.2M
10.5M
8M
9M
10.5M
10.8M
3.2M
4M
4.7M
1.8M
1.8M
2.3M
2.3M
2.9M
2.9M
4.9M
4.9M
6M
6M
6.8M
10.7M
13M
10.5M
13M
14.6M
16.4M
7.5M
8.3M
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
840K
4.7M
2.8M
5M
0.0
0.0
0.0
925K
302K
302K
87K
87K
122K
122K
0.0
0.0
0.0
0.0
0.0
0.0
68K
-4.7M
-2.8M
586K
8.9M
6.1M
4.3M
2.6M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
650K
650K
0.0
832K
870K
7.2M
2.8M
368K
28K
32K
316K
39K
4.4M
4.4M
4.6M
4.6M
5.2M
5.2M
10.6M
10.6M
12.8M
12.8M
13M
27.6M
29M
40.6M
59.7M
91.9M
125.5M
143.3M
132.5M
133M
49.3M
49.3M
36.7M
36.7M
33.5M
33.5M
32.9M
32.9M
42M
42M
39.8M
58.2M
65.3M
73.7M
94.7M
134.8M
179.6M
205.4M
190.4M
198.2M
LIABILITIES
CURRENT LIABILITIES
3.9M
3.9M
5M
5M
3.7M
3.7M
5.6M
5.6M
3.8M
3.8M
2.3M
2.1M
1.8M
1.5M
1.9M
3.5M
2.4M
10.7M
6.9M
15.5M
1.2M
1.2M
2.6M
2.6M
1.6M
1.6M
4.1M
4.1M
2M
2M
1.7M
1.8M
1.5M
1.3M
1.9M
3.5M
2.4M
10.7M
6.9M
13M
2.7M
2.7M
2.5M
2.5M
2.1M
2.1M
1.5M
1.5M
1.8M
1.8M
562K
316K
224K
258K
0.0
0.0
0.0
0.0
0.0
2.4M
0.0
0.0
1M
1M
1.3M
1.3M
1.2M
1.2M
1.5M
1.5M
1.5M
317K
1.3M
3M
2.6M
5.4M
3.7M
1.6M
1.9M
6.6M
686K
686K
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
1M
1.3M
0.0
0.0
6.4M
3.2M
3.2M
75K
145K
1.4M
0.0
0.0
577K
577K
751K
751K
903K
903K
869K
869K
1M
1.3M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
2.7M
2.7M
2.5M
2.5M
2.1M
2.1M
1.2M
1.2M
837K
837K
562K
242K
224K
258K
1.6M
2.5M
1M
2.2M
5.6M
2.4M
320K
320K
1.8M
1.8M
3.7M
3.7M
571K
571K
2.8M
2.8M
692K
765K
1M
741K
651K
326K
710K
35K
539K
543K
2.6M
2.6M
232K
232K
832K
832K
628K
628K
1.7M
1.7M
1.3M
2.6M
3.4M
2.3M
2M
0.0
0.0
0.0
0.0
0.0
7.4M
7.4M
8.6M
8.6M
10.3M
10.3M
8.9M
8.9M
10.7M
10.7M
7.8M
8.4M
7.4M
7.5M
13.5M
12.5M
10M
12.4M
9.5M
24M
NON-CURRENT LIABILITIES
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
850K
961K
0.0
0.0
0.0
17.3M
23.1M
22.1M
4.2M
12.8M
0.0
0.0
0.0
0.0
0.0
0.0
29K
29K
92K
92K
198K
200K
0.0
307K
317K
232K
0.0
0.0
0.0
595K
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
1.5M
1.2M
0.0
0.0
0.0
0.0
408K
376K
5.4M
406K
406K
743K
743K
573K
573K
875K
875K
1.1M
1.1M
1.5M
2.1M
1.2M
307K
317K
17.3M
23.1M
22.5M
4.6M
18.8M
406K
406K
1.3M
1.3M
1.3M
1.3M
1.7M
1.7M
1.8M
1.8M
1.5M
2.3M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
7.8M
7.8M
9.4M
9.4M
10.9M
10.9M
9.8M
9.8M
11.8M
11.8M
9.3M
10.6M
8.6M
7.8M
13.8M
29.7M
33.1M
35M
14.1M
42.8M
SHAREHOLDERS' EQUITY
0.0
0.0
0.0
0.0
0.0
0.0
-16.9M
-16.9M
-16.9M
-16.9M
-16.9M
-16.9M
-16.9M
-16.9M
-16.9M
-16.9M
-16.9M
-7.1M
-4.9M
-4.9M
0.0
0.0
0.0
0.0
37.8M
37.8M
37.8M
37.8M
37.8M
37.8M
23.1M
22.1M
18.3M
11.5M
7.3M
101K
0.0
0.0
0.0
0.0
91K
91K
80K
80K
14K
14K
157K
157K
157K
157K
157K
141K
140K
140K
140K
140K
140K
139K
138K
136K
149M
149M
135.7M
135.7M
113.1M
113.1M
129.6M
129.6M
128.9M
128.9M
128.2M
124M
123.1M
122.3M
121.4M
120.7M
119.8M
118.2M
116.5M
113.7M
-107.7M
-107.7M
-108.4M
-108.4M
-128.3M
-128.3M
-127.6M
-127.6M
-117.9M
-117.9M
-99.9M
-77.3M
-64M
-42.4M
-20.5M
13.2M
51.9M
61.1M
56.3M
39.3M
34K
34K
34K
34K
34K
34K
34K
34K
-1.9M
-1.9M
-4.4M
-4.4M
-4M
-8.9M
-10.6M
-12.1M
-8.5M
-1.9M
8.2M
7.2M
41.4M
41.4M
27.3M
27.3M
22.6M
22.6M
23.1M
23.1M
30.3M
30.3M
30.4M
47.7M
56.7M
65.8M
80.9M
105M
146.5M
170.4M
176.3M
155.4M
41.4M
41.4M
27.3M
27.3M
22.6M
22.6M
23.1M
23.1M
30.3M
30.3M
30.4M
47.7M
56.7M
65.8M
80.9M
105M
146.5M
170.4M
176.3M
155.4M
SUMMARY
49.3M
49.3M
36.7M
36.7M
33.5M
33.5M
32.9M
32.9M
42M
42M
39.8M
58.2M
65.3M
73.7M
94.7M
134.8M
179.6M
205.4M
190.4M
198.2M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
840K
4.7M
2.8M
5M
0.0
0.0
0.0
925K
1.1M
1.1M
1.3M
1.3M
1.3M
1.3M
1.7M
1.7M
1.8M
1.8M
2.3M
2.3M
0.0
0.0
6.4M
20.5M
26.4M
22.2M
4.4M
14.2M
-18M
-18M
-4M
-4M
-4M
-4M
971K
971K
-3.3M
-3.3M
-2.3M
-790K
-9.4M
-9.9M
3.5M
16.7M
21.2M
7M
-10.8M
-1.1M
7,969,421
7,969,421
7,969,421
7,969,421
7,969,421
7,969,421
7,969,421
7,969,421
7,969,421
7,969,421
7,969,421
7,969,421
7,969,421
7,969,421
7,969,421
7,969,421
7,969,421
7,969,421
7,969,421
7,969,421

SEC Filings

MIND - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
DEF 14A

DEF 14A 2026

N/A

June 01, 2026
July 23, 2026
2026
10-K

10-K 2026 FY

FY

April 20, 2026
January 31, 2026
2026
8-K

8-K 2026

N/A

April 15, 2026
April 15, 2026
2026
10-Q

10-Q 2025 Q4

Q4

December 11, 2025
October 31, 2025
2025
8-K

8-K 2025

N/A

December 09, 2025
December 09, 2025
2025
10-Q

10-Q 2025 Q3

Q3

September 10, 2025
July 31, 2025
2025
8-K

8-K 2025

N/A

September 09, 2025
September 09, 2025
2025
8-K

8-K 2025

N/A

September 02, 2025
August 28, 2025
2025
8-K

8-K 2025

N/A

July 21, 2025
July 17, 2025
2025
10-Q

10-Q 2025 Q2

Q2

June 11, 2025
April 30, 2025
2025
Showing 1 to 10 of 402 filings