Every 8-K that Mind Technology Inc (MIND) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow MIND and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full MIND filings page.
MIND Technology, Inc. (MIND) reported weak fiscal 2027 second-quarter results for the period ended July 31, 2026, as marine markets softened. Revenue was approximately $5.6 million, down from $9.7 million in the prior quarter and $13.6 million a year earlier. The company posted an operating loss of $1.8 million, versus operating income of $2.7 million in the prior-year quarter, and a net loss of $1.7 million or -$0.19 per share, compared with net income of $1.9 million or $0.24 per share a year ago.
Adjusted EBITDA was a loss of about $949,000, versus positive $3.1 million in the prior-year quarter. Backlog in the Seamap marine technology segment declined to $4.8 million from $7.6 million at April 30, 2026 and $12.8 million a year earlier. For the first six months, operating activities used $3.1 million of cash, compared with $2.9 million provided in the prior-year period. Management highlighted that aftermarket activity contributed about 87% of quarterly revenue and emphasized long-term demand drivers, while noting that project timing remains uncertain. MIND reported being debt-free and ended the quarter with $15.8 million in cash and stockholders’ equity of $40.3 million.
MIND Technology, Inc. held its 2026 Virtual Annual Meeting of Stockholders on July 22, 2026. Stockholders re-elected five directors to the Board, with each nominee receiving more votes cast “for” than “withheld” and 3,479,078 broker non-votes recorded for each director.
Stockholders approved an amendment to the Amended and Restated Stock Awards Plan to add 400,000 shares authorized for issuance, by 1,242,540 votes for, 1,115,811 against, 53,886 abstentions and 3,479,078 broker non-votes. They also approved, on an advisory basis, Named Executive Officer compensation (1,243,941 for; 1,107,886 against; 60,410 abstentions; 3,479,078 broker non-votes) and ratified Baker Tilly US, LLP as independent registered public accounting firm for the fiscal year ending January 31, 2027 (5,539,605 for; 251,908 against; 99,804 abstentions; no broker non-votes).
MIND Technology reported fiscal 2027 first-quarter revenue of about $9.7 million, up from $7.9 million in the prior-year quarter, reflecting growth in marine technology product sales. The company generated operating income of $14,000 and cut its net loss to $411,000, or $0.05 per share, compared with a $970,000 loss, or $0.12 per share, a year earlier.
Adjusted EBITDA, a non-GAAP measure, improved to $811,000 from negative $179,000, showing stronger underlying profitability despite a GAAP loss. Cash and cash equivalents were $17.7 million and total assets $50.8 million, supporting management’s view that liquidity remains solid. However, the Marine Technology Product backlog in the Seamap segment fell to $7.6 million from $21.1 million a year earlier, highlighting softer near-term demand.
MIND Technology, Inc. reported weaker results for its fiscal 2026 fourth quarter and full year, with both revenue and profit declining from fiscal 2025, but the company strengthened its balance sheet and cash position.
Fourth-quarter revenue was about $9.8 million, down from $15.0 million a year earlier, and the company swung to a net loss of roughly $271,000, or $(0.03) per share, versus net income of $2.0 million, or $0.25 per share. For fiscal 2026, revenue fell to about $40.9 million from $46.9 million, and net income dropped to around $750,000 from $5.1 million. Despite this, cash and cash equivalents rose to roughly $19.1 million, net cash provided by operating activities increased to about $2.6 million, and stockholders’ equity improved to approximately $41.4 million. Backlog in the Seamap marine technology segment was about $13.9 million as of January 31, 2026. Management expects fiscal 2027 results to be down compared with 2026 but aims to maintain positive cash flow while using its liquidity and capital allocation strategy to pursue growth opportunities.
MIND Technology, Inc. has furnished a report stating that it issued a press release announcing its financial results for the fiscal quarter ended October 31, 2025. The press release also includes the date and time for a conference call to discuss these earnings.
The company notes that the release uses non-GAAP financial measures and states that reconciliations to the most directly comparable GAAP measures are included in the press release. The information is designated as furnished rather than filed for securities law purposes, and the report includes a detailed cautionary note about forward-looking statements that may differ from actual future results.