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+297.0%
5Y-152.0%
10Y-115.0%
3Y-3415.0%
5Y-106.0%
10Y-112.0%
3Y-2004.0%
5Y-868.0%
10Y-3.0%
MIND

MIND Technology, Inc. Cash Conversion Engine

MIND ยท NASDAQ
Net Income750.00K
Depreciation & Amortization873.00K
Stock-Based Compensation1.55M
Change in Working Capital-599.00K
Others227.00K
Capital Expenditures-663.00K
Free Cash Flow1.92M

Cash Flow Quality Analysis

FCF Conversion Rate

256.4%

Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.

CapEx Intensity

25.6%

Moderate capital requirements typical of many stable businesses. Healthy balance between reinvestment and cash generation.

FCF Growth Trend

0.0%

Flat FCF growth. Stable but not expandingโ€”monitor for signs of business maturity or temporary headwinds.

Working Capital Impact

-$599.00K

Moderate working capital outflow. Typical for growing businesses, but ensure it's supporting revenue growth, not inefficiency.

Cash Flow Quality Insight

Asset-light with strong cash conversion: Low capital requirements combined with efficient cash generation creates significant shareholder value through dividends, buybacks, or strategic investments.

MIND Technology, Inc. Cash Flow Statement

MIND โ€ข NASDAQ

MIND Technology, Inc. Cash Flow StatementJan 2026Jan 2026Jan 2025Jan 2025Jan 2024Jan 2024Jan 2023Jan 2023Jan 2022Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012
OPERATING ACTIVITIES
750K
750K
5.1M
5.1M
-1.1M
-1.1M
-8.8M
-8.8M
-15.1M
-15.1M
-14M
-11.3M
-19.8M
-21.1M
-33.2M
-38.7M
-9.2M
4.8M
17.1M
24.3M
873K
873K
944K
944K
1.2M
1.2M
1.9M
1.9M
2.2M
2.2M
2.8M
7.8M
11.8M
16.6M
28.3M
32.1M
37M
31M
34.9M
28.8M
-215K
-215K
35K
35K
-153K
-153K
-62K
-62K
-106K
-106K
32K
553K
1.2M
162K
934K
10.3M
-3.2M
-2.2M
-9.5M
-285K
1.6M
1.6M
235K
235K
261K
261K
654K
654K
643K
643K
708K
854K
781K
903K
737K
1.3M
1.3M
1.1M
1.6M
1.3M
227K
227K
-389K
-389K
-766K
-766K
1.1M
1.1M
-537K
-537K
-1.1M
1.9M
3.4M
-1.6M
1.1M
5.2M
4M
-3.6M
-6.3M
-3.2M
(0.0)
(0.0)
(1.7M)
(1.7M)
(847K)
(847K)
(371K)
(371K)
(355K)
(355K)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-599K
-599K
-5.2M
-5.2M
-4.4M
-4.4M
2.3M
2.3M
-4.3M
-4.3M
5.2M
-5.6M
-2.8M
5.7M
5.2M
4.8M
-4.7M
-10M
6.5M
-15M
2.6M
2.6M
651K
651K
-5M
-5M
-2.9M
-2.9M
-17.1M
-17.1M
-6.4M
-5.8M
-5.5M
719K
3.2M
14.9M
25.2M
21.2M
44.3M
36M
INVESTING ACTIVITIES
-663K
-663K
-437K
-437K
-290K
-290K
-582K
-582K
-834K
-834K
-566K
-4M
-2.5M
-1.3M
-919K
-2.5M
-19.9M
-44.1M
-45.7M
-1.5M
(0.0)
(0.0)
(0.0)
(0.0)
(10.8M)
(10.8M)
(0.0)
(0.0)
(761K)
(761K)
(257K)
(239K)
-147K
(10.3M)
(5.3M)
-10M
-14.5M
(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)
-99K
-689K
-689K
(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
99K
0.0
0.0
-101K
0.0
0.0
457K
457K
476K
476K
1.1M
1.1M
5.4M
5.4M
3.5M
1.7M
2.7M
10.3M
5.3M
2.2M
3.2M
7.5M
11.7M
-55.7M
-663K
-663K
(20K)
(20K)
(11M)
(11M)
(470K)
(470K)
(5.4M)
(5.4M)
(3.2M)
-2.1M
-15K
(9M)
(4.4M)
-10.3M
-31.2M
-37.2M
-34.7M
-57.3M
FINANCING ACTIVITIES
11.8M
11.8M
0.0
0.0
0.0
0.0
-1K
-1K
41K
41K
3.6M
3.8M
0.0
0.0
-4K
-3K
-9.8M
-2.2M
0.0
31M
0.0
0.0
0.0
0.0
-589K
-589K
0.0
0.0
0.0
0.0
1.6M
0.0
0.0
-6.3M
-14.1M
-5.8M
4.1M
17.9M
-9.9M
-12.4M
(0.0)
(0.0)
(0.0)
(0.0)
-946K
-946K
-1.9M
-1.9M
-2.5M
-2.5M
-1.7M
-2.1M
-1.7M
-905K
-486K
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-1K
-1K
-2K
-2K
(0.0)
(0.0)
(0.0)
-4.2M
-4K
-3K
-9.8M
-2.2M
(0.0)
(0.0)
0.0
0.0
-619K
-619K
0.0
0.0
0.0
0.0
0.0
0.0
0.0
26K
0.0
-6.3M
-10.9M
182K
221K
1.1M
-269K
3.5M
11.8M
11.8M
-619K
-619K
-1.5M
-1.5M
-1.9M
-1.9M
12.2M
12.2M
4.5M
1.7M
5.1M
-3M
-7.3M
-5.6M
-5.4M
16.8M
-9.9M
22.1M
CASH FLOW SUMMARY
6K
6K
-5K
-5K
-5K
-5K
-6K
-6K
86K
86K
16K
-159K
-270K
-43K
-511K
-546K
1.5M
-805K
178K
-149K
13.7M
13.7M
47K
47K
4.5M
4.5M
-4.3M
-4.3M
503K
503K
1.4M
-6.3M
-597K
6.6M
-258K
-1.4M
-10M
12K
-137K
640K
5.3M
5.3M
5.3M
5.3M
778K
778K
5.1M
5.1M
4.6M
4.6M
3.2M
9.5M
10.1M
3.5M
3.8M
5.2M
15.2M
15.2M
15.3M
14.6M
19.1M
19.1M
5.3M
5.3M
5.3M
5.3M
778K
778K
5.1M
5.1M
4.6M
3.2M
9.5M
10.1M
3.5M
3.8M
5.2M
15.2M
15.2M
15.3M
1.9M
1.9M
214K
214K
-5.3M
-5.3M
-3.5M
-3.5M
-18M
-18M
-6.9M
-9.8M
-8M
-597K
2.2M
12.4M
5.3M
-22.8M
-1.4M
-27.7M

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