Mind Technology, Inc financial data

Symbol
MIND on Nasdaq
Industry
Search, Detection, Navigation, Guidance, Aeronautical Sys
Location
2002 Timberloch Place, Suite 550, The Woodlands, TX
State of incorporation
DE
Fiscal year end
January 31
Former names
MITCHAM INDUSTRIES INC (to 8/7/2020)
Latest financial report
10-Q - Q3 2024 - Dec 12, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 284 % +16%
Quick Ratio 154 % +9.64%
Debt-to-equity 48.3 % +1.39%
Return On Equity 18.7 %
Return On Assets 12.6 %

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 9.81M USD -6.57%
Common Stock, Value, Issued 80K USD +471%
Weighted Average Number of Shares Outstanding, Basic 5.47M shares +289%
Weighted Average Number of Shares Outstanding, Diluted 1.41M shares +0.07%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 4.97M USD +63.7%
Revenue from Contract with Customer, Excluding Assessed Tax 45.2M USD +65.5%
Research and Development Expense 2.01M USD +238%
Operating Income (Loss) 6.36M USD
Nonoperating Income (Expense) -579K USD +90.6%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 6.6M USD
Income Tax Expense (Benefit) 2.06M USD +127%
Net Income (Loss) Attributable to Parent 4.48M USD +127%
Earnings Per Share, Basic 3.11 USD/shares

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 3.51M USD -37.1%
Accounts Receivable, after Allowance for Credit Loss, Current 9.47M USD +144%
Inventory, Net 17.2M USD +30.1%
Assets, Current 31.3M USD +28.1%
Deferred Income Tax Assets, Net 122K USD
Property, Plant and Equipment, Net 775K USD -6.63%
Operating Lease, Right-of-Use Asset 1.53M USD +0.59%
Assets 36.1M USD +21%
Accounts Payable, Current 2.18M USD +93.3%
Employee-related Liabilities, Current 686K USD +10.5%
Accrued Liabilities, Current 5.59M USD +278%
Contract with Customer, Liability, Current 248K USD +90.8%
Liabilities, Current 10M USD +26.9%
Deferred Income Tax Liabilities, Net 0 USD -100%
Operating Lease, Liability, Noncurrent 866K USD +26.6%
Liabilities 10.9M USD +26.3%
Accumulated Other Comprehensive Income (Loss), Net of Tax 34K USD 0%
Retained Earnings (Accumulated Deficit) -110M USD +14.9%
Stockholders' Equity Attributable to Parent 25.2M USD +18.9%
Liabilities and Equity 36.1M USD +21%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -4.75M USD -59.1%
Net Cash Provided by (Used in) Financing Activities 0 USD -100%
Net Cash Provided by (Used in) Investing Activities 391K USD +383%
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 -4.37M USD -11897%
Interest Paid, Excluding Capitalized Interest, Operating Activities 0 USD -100%
Deferred Tax Assets, Valuation Allowance 31.2M USD +18.8%
Deferred Tax Assets, Gross 31.3M USD +19.2%
Operating Lease, Liability 1.53M USD +0.59%
Payments to Acquire Property, Plant, and Equipment 66K USD +15.8%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 1.29M USD +127%
Lessee, Operating Lease, Liability, to be Paid 1.81M USD -1.47%
Property, Plant and Equipment, Gross 10.3M USD +1.97%
Operating Lease, Liability, Current 660K USD -20.8%
Lessee, Operating Lease, Liability, to be Paid, Year Two 526K USD +55.6%
Lessee, Operating Lease, Liability, to be Paid, Year One 707K USD +1%
Operating Lease, Weighted Average Discount Rate, Percent 0.13 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 284K USD -11.3%
Lessee, Operating Lease, Liability, to be Paid, Year Three 275K USD +18.5%
Deferred Tax Assets, Operating Loss Carryforwards 26.9M USD +19.9%
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 35K USD -85.1%
Operating Lease, Payments 207K USD -6.34%
Preferred Stock, Shares Outstanding 0 shares -100%
Amortization of Intangible Assets 665K USD -15.6%
Depreciation, Depletion and Amortization 1.01M USD +5.32%
Deferred Tax Assets, Net of Valuation Allowance 122K USD
Share-based Payment Arrangement, Expense 138K USD -65%
Interest Expense 0 USD -100%
Preferred Stock, Par or Stated Value Per Share 1 USD/shares 0%