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
Fiscal year end
January 31
Former names
MITCHAM INDUSTRIES INC (to 8/7/2020)
Latest financial report
10-K - Q4 2024 - Apr 25, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 304 % +20.9%
Quick Ratio 160 % +13.7%
Debt-to-equity 44.6 % -9.08%
Return On Equity 20.2 % +1522%
Return On Assets 14 % +1572%

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 5.47M shares +289%
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 46.9M USD +28.4%
Research and Development Expense 1.91M USD -10.3%
Operating Income (Loss) 6.82M USD +1216%
Nonoperating Income (Expense) -579K USD +90.6%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 7.06M USD +2866%
Income Tax Expense (Benefit) 1.98M USD +48.3%
Net Income (Loss) Attributable to Parent 5.07M USD +1752%
Earnings Per Share, Basic 4.32 USD/shares +346%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 5.34M USD +0.89%
Accounts Receivable, after Allowance for Credit Loss, Current 11.8M USD +80%
Inventory, Net 13.7M USD +2.8%
Assets, Current 32.1M USD +13.3%
Deferred Income Tax Assets, Net 87K USD -28.7%
Property, Plant and Equipment, Net 890K USD +8.8%
Operating Lease, Right-of-Use Asset 1.32M USD -0.3%
Assets 36.7M USD +9.64%
Accounts Payable, Current 2.56M USD +57.6%
Employee-related Liabilities, Current 255K USD -62.8%
Accrued Liabilities, Current 1.25M USD -41.8%
Contract with Customer, Liability, Current 189K USD -6.9%
Liabilities, Current 8.65M USD -15.9%
Deferred Income Tax Liabilities, Net 0 USD -100%
Operating Lease, Liability, Noncurrent 743K USD +29.7%
Liabilities 9.39M USD -13.5%
Accumulated Other Comprehensive Income (Loss), Net of Tax 34K USD 0%
Retained Earnings (Accumulated Deficit) -108M USD +15.5%
Stockholders' Equity Attributable to Parent 27.3M USD +20.7%
Liabilities and Equity 36.7M USD +9.64%

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 28.2M USD -9.61%
Deferred Tax Assets, Gross 28.3M USD -9.68%
Operating Lease, Liability 1.32M USD -0.3%
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 1.55M USD -2.69%
Property, Plant and Equipment, Gross 10.5M USD +3.13%
Operating Lease, Liability, Current 577K USD -23.2%
Lessee, Operating Lease, Liability, to be Paid, Year Two 526K USD +53.4%
Lessee, Operating Lease, Liability, to be Paid, Year One 718K USD -4.65%
Operating Lease, Weighted Average Discount Rate, Percent 0.14 pure +7.69%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 234K USD -14.3%
Lessee, Operating Lease, Liability, to be Paid, Year Three 275K USD +17%
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 35K USD -84.9%
Operating Lease, Payments 207K USD -6.34%
Preferred Stock, Shares Outstanding 0 shares -100%
Amortization of Intangible Assets 638K USD -19.7%
Depreciation, Depletion and Amortization 944K USD -19.9%
Deferred Tax Assets, Net of Valuation Allowance 87K USD -28.7%
Share-based Payment Arrangement, Expense 235K USD -9.96%
Interest Expense 0 USD -100%
Preferred Stock, Par or Stated Value Per Share 1 USD/shares 0%