Mind Technology, Inc financial data

Symbol
MIND, MINDP 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 - Q2 2024 - Sep 12, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 282 % +24.1%
Quick Ratio 152 % +8.04%
Debt-to-equity 47.9 % -5.73%
Return On Equity 16.4 %
Return On Assets 11.1 %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 1.41M shares -89.8%
Common Stock, Shares, Outstanding 1.41M shares
Entity Public Float 9.81M USD -6.57%
Common Stock, Value, Issued 14K USD -91.1%
Weighted Average Number of Shares Outstanding, Basic 1.41M shares 0%
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 38.1M USD +50%
Research and Development Expense 1.95M USD +293%
Operating Income (Loss) 3.03M USD
Nonoperating Income (Expense) -534K USD +91%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 3.31M USD
Income Tax Expense (Benefit) 1.78M USD +113%
Net Income (Loss) Attributable to Parent 3.76M USD
Earnings Per Share, Basic -0.03 USD/shares +99.7%
Earnings Per Share, Diluted -0.92 USD/shares +29.8%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 1.9M USD +285%
Accounts Receivable, after Allowance for Credit Loss, Current 9.59M USD +34.2%
Inventory, Net 19.1M USD +21.8%
Assets, Current 32.6M USD +32.9%
Deferred Income Tax Assets, Net 122K USD
Property, Plant and Equipment, Net 782K USD -78.4%
Operating Lease, Right-of-Use Asset 1.73M USD +6.52%
Goodwill 0 USD
Other Assets, Noncurrent 0 USD -100%
Assets 37.8M USD +10.6%
Accounts Payable, Current 4.39M USD +78.4%
Employee-related Liabilities, Current 686K USD +10.5%
Accrued Liabilities, Current 5.59M USD +278%
Contract with Customer, Liability, Current 428K USD +38.5%
Liabilities, Current 12.4M USD +3.16%
Deferred Income Tax Liabilities, Net 0 USD -100%
Operating Lease, Liability, Noncurrent 985K USD +36.2%
Liabilities 13.3M USD +4.71%
Accumulated Other Comprehensive Income (Loss), Net of Tax 34K USD 0%
Retained Earnings (Accumulated Deficit) -127M USD +2.18%
Stockholders' Equity Attributable to Parent 24.5M USD +14%
Liabilities and Equity 37.8M USD +10.6%

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 1.41M shares -91.1%
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 1.73M USD +6.52%
Payments to Acquire Property, Plant, and Equipment 66K USD +15.8%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 274K USD +116%
Lessee, Operating Lease, Liability, to be Paid 2.07M USD +5.66%
Property, Plant and Equipment, Gross 10.3M USD -31.5%
Operating Lease, Liability, Current 747K USD -17.3%
Lessee, Operating Lease, Liability, to be Paid, Year Two 526K USD +70.2%
Lessee, Operating Lease, Liability, to be Paid, Year One 707K USD -0.56%
Operating Lease, Weighted Average Discount Rate, Percent 0.13 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 342K USD +1.48%
Lessee, Operating Lease, Liability, to be Paid, Year Three 275K USD +32.2%
Deferred Tax Assets, Operating Loss Carryforwards 26.9M USD +19.9%
Preferred Stock, Shares Issued 1.68M shares 0%
Preferred Stock, Shares Authorized 2M shares 0%
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 35K USD -83.2%
Operating Lease, Payments 207K USD -6.34%
Preferred Stock, Shares Outstanding 1.68M shares 0%
Amortization of Intangible Assets 692K USD -28.7%
Depreciation, Depletion and Amortization 1.05M USD +1.26%
Deferred Tax Assets, Net of Valuation Allowance 122K USD
Share-based Payment Arrangement, Expense 197K USD -53.5%
Interest Expense 0 USD -100%
Preferred Stock, Par or Stated Value Per Share 1 USD/shares 0%