Mind Technology, Inc financial data

Symbol
MIND on Nasdaq
Location
2002 Timberloch Place, Suite 550, The Woodlands, TX
Fiscal year end
January 31
Latest financial report
10-Q - Q2 2025 - Sep 10, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 370 % +31.4%
Quick Ratio 164 % +8.28%
Debt-to-equity 34.1 % -28.7%
Return On Equity 15.9 % -3.06%
Return On Assets 11.8 % +6.87%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 7.97M shares +467%
Common Stock, Shares, Outstanding 7.97M shares +467%
Entity Public Float 5.57M USD -43.2%
Common Stock, Value, Issued 80K USD +471%
Weighted Average Number of Shares Outstanding, Basic 7.97M shares +467%
Weighted Average Number of Shares Outstanding, Diluted 1.41M shares 0%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 4.97M USD +63.7%
Revenue from Contract with Customer, Excluding Assessed Tax 48.6M USD +27.7%
Research and Development Expense 1.82M USD -7.02%
Operating Income (Loss) 6.66M USD +120%
Nonoperating Income (Expense) -65K USD -263%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 6.31M USD +90.6%
Income Tax Expense (Benefit) 2.03M USD +14.2%
Net Income (Loss) Attributable to Parent 4.28M USD +13.9%
Earnings Per Share, Basic 4 USD/shares

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 7.83M USD +311%
Accounts Receivable, after Allowance for Credit Loss, Current 10.9M USD +14%
Inventory, Net 11.8M USD -38%
Assets, Current 31.7M USD -2.78%
Deferred Income Tax Assets, Net 87K USD -28.7%
Property, Plant and Equipment, Net 1.16M USD +48.1%
Operating Lease, Right-of-Use Asset 841K USD -51.4%
Assets 35.8M USD -5.3%
Accounts Payable, Current 1.18M USD -73.1%
Employee-related Liabilities, Current 255K USD -62.8%
Accrued Liabilities, Current 1.25M USD -41.8%
Contract with Customer, Liability, Current 359K USD -16.1%
Liabilities, Current 6.62M USD -46.4%
Deferred Income Tax Liabilities, Net 0 USD -100%
Operating Lease, Liability, Noncurrent 366K USD -62.8%
Liabilities 6.99M USD -47.7%
Accumulated Other Comprehensive Income (Loss), Net of Tax 34K USD 0%
Retained Earnings (Accumulated Deficit) -107M USD +15.1%
Stockholders' Equity Attributable to Parent 28.8M USD +17.8%
Liabilities and Equity 35.8M USD -5.3%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 4.07M USD
Net Cash Provided by (Used in) Financing Activities 0 USD
Net Cash Provided by (Used in) Investing Activities -237K USD -161%
Common Stock, Shares Authorized 40M shares 0%
Common Stock, Shares, Issued 7.97M shares +467%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 3.84M USD
Interest Paid, Excluding Capitalized Interest, Operating Activities 0 USD -100%
Deferred Tax Assets, Valuation Allowance 28.2M USD -9.61%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure
Deferred Tax Assets, Gross 28.3M USD -9.68%
Operating Lease, Liability 841K USD -51.4%
Depreciation 72K USD -6.49%
Payments to Acquire Property, Plant, and Equipment 237K USD +259%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 4.28M USD +13.9%
Lessee, Operating Lease, Liability, to be Paid 977K USD -52.9%
Property, Plant and Equipment, Gross 10.4M USD +0.84%
Operating Lease, Liability, Current 475K USD -36.4%
Lessee, Operating Lease, Liability, to be Paid, Year Two 463K USD -12%
Lessee, Operating Lease, Liability, to be Paid, Year One 276K USD -61%
Operating Lease, Weighted Average Discount Rate, Percent 0.15 pure +15.4%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 136K USD -60.2%
Lessee, Operating Lease, Liability, to be Paid, Year Three 163K USD -40.7%
Deferred Tax Assets, Operating Loss Carryforwards 24.6M USD -8.49%
Preferred Stock, Shares Issued 0 shares -100%
Preferred Stock, Shares Authorized 2M shares 0%
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 75K USD +114%
Operating Lease, Payments 232K USD +12.1%
Preferred Stock, Shares Outstanding 0 shares -100%
Amortization of Intangible Assets 587K USD -15.2%
Depreciation, Depletion and Amortization 883K USD -15.6%
Deferred Tax Assets, Net of Valuation Allowance 87K USD -28.7%
Share-based Payment Arrangement, Expense 694K USD +252%
Interest Expense 0 USD -100%
Preferred Stock, Par or Stated Value Per Share 1 USD/shares 0%