MIND Technology, Inc. (MIND)

From the record

MIND Technology, Inc.'s filings since 2017 show 7 warning events of 3 kinds: a notice about its exchange listing (8-K item 3.01, 4 times, the latest 2023-07-28); an auditor change (8-K item 4.01, 2 times, the latest 2025-06-04); a late-report notice (Form NT 10-K or NT 10-Q, the latest 2020-09-15) (its current reports).

From the record

MIND Technology, Inc.'s 9 filed years say what it did: it rose in 5 of 7 years; the deepest fall was 29% from fiscal 2020 to fiscal 2021; net income was positive in 3 of 9 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2026-01-31, MIND Technology, Inc.'s diluted share count grew about 81.0% a year, and dividends and buybacks returned about 0% of its net income over 3 years (its filed statements). Its officers and directors filed 0 sales and 0 purchases of their own stock on the open market in the year to 2026-09-30 (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2026-01-31, MIND Technology, Inc. earned about 2 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 38 cents per dollar of everything the company owns. Leverage: it owed about 16 cents per dollar of assets, and net share issuance: its share count grew 104.2% over the year (the filed statements).

From the record

MIND Technology, Inc.'s standing among 9 graded names in its industry family: revenue of $41 million in fiscal 2026 ranks in the bottom 28% by size; a net margin of 1.8% ranks in the bottom 19%; revenue growth of 17.9% a year over the last 3 filed years ranks in the top 17% (its annual reports).

From the record

MIND Technology, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Capps, Robert P (President and CEO, as filed), filing under that title since 2017-02-17, 9.7 years (top 21% of its family); the 6 officers and directors filing in the last fifteen months have been on the record a median of 10.3 years (top 21%); 1 officer or director change was reported on Form 8-K since 2023-11-13, against the 6 people in charge now (top 6%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

MIND Technology, Inc.'s room to grow, from the newest filed statements (fiscal 2026): cash of $19 million against no long-term debt tagged leaves 38.7% of its assets as net cash, top 17% of its family; cash from operations less capital spending is 4.7% of revenue (bottom 31%); a gross margin of 45.6% (top 50%); research spending of 3.9% of revenue (bottom 36%) (its annual report).

From the record

MIND Technology, Inc.'s growth drivers, from the filed years to fiscal 2026: the newest year grew -12.6% (bottom 17%); research spending grew 4.9% a year (top 36%); capital spending grew 5.2% a year (bottom 39%) (its annual reports). MIND Technology, Inc. tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

From the record

MIND Technology, Inc.'s newest year against its own record: revenue of $41 million in fiscal 2026 came in 36.2% below the $64 million its prior three years' pace pointed to (bottom 17% of its family); net income of $750 thousand against a prior three-year average of $1 million (top 6%); a net margin of 1.8% against -7.9% before (top 6%) (its annual reports).