Stocktoria
MIND TECHNOLOGY, INC MIND
Nasdaq · XNAS · stock · Search, Detection, Navigation, Guidance, Aeronautical Sys · website · IPO 1994-12-19
MIND TECHNOLOGY, INC financials (annual, from 10-K)
| Metric | FY2026 | FY2025 | FY2024 | FY2024 | FY2023 |
|---|---|---|---|---|---|
| Revenue | $40.9M | $46.9M | — | $36.5M | $25.0M |
| Gross profit | $18.7M | $21.0M | — | $16.0M | $9.9M |
| R&D expense | $1.6M | $1.9M | — | $2.1M | $1.4M |
| SG&A expense | $13.3M | $11.3M | — | $12.1M | $12.9M |
| Operating income | $2.9M | $6.8M | — | $518,000 | -$5.7M |
| Income tax | $2.2M | $2.0M | — | $1.3M | $699,000 |
| Net income | $750,000 | $5.1M | — | $274,000 | -$8.8M |
| EPS (diluted) | — | — | — | — | $-0.92 |
| Operating cash flow | $2.6M | $651,000 | — | -$5.0M | -$2.9M |
| Free cash flow | $1.9M | $214,000 | — | -$5.3M | -$3.5M |
| Cash & equivalents | $19.1M | $5.3M | $924,000 | $5.3M | $778,000 |
| Inventory | $11.2M | $13.7M | $16.2M | $13.4M | $11.0M |
| Total assets | $49.3M | $36.7M | $34.9M | $33.5M | $32.9M |
| Total liabilities | $7.8M | $9.4M | $11.2M | $10.8M | $9.8M |
| Shareholders' equity | $41.4M | $27.3M | $23.6M | $22.6M | $23.1M |
Source: SEC EDGAR filings · CIK 0000926423 · as of 2026-01-31. Facts from filings plus Stocktoria's own computed scores — not investment advice.