GEOS on Nasdaq

Geospace Technologies

Logo: geospace.com5

Seismic data acquisition equipment manufacturer

Geospace Technologies Corporation is a manufacturer of specialized electronics and seismic data acquisition equipment used in the oil and gas industry. Geospace Technologies has been publicly traded on the NASDAQ stock exchange since November 1997.3 Wikipedia text CC BY-SA 4.0

Price unavailable

Last updated Oct 21, 2026.

Overview

$110.8MRevenue, fiscal 20256
-$9.7MNet income, fiscal 20256

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  • TickerGEOS on Nasdaq1
  • IndustryMeasuring & Controlling Devices, NEC1
  • HeadquartersHouston1
  • Websitewww.geospace.com
  • Incorporated inTX7
  • Business address7007 Pinemont Dr., Houston, Tx 770407
  • Filer categoryAccelerated filer, Smaller reporting company7
  • Legal formCorporation4
  • LEI529900Q3D32HAS1FF3064
  • StatusActive4
  • LEI statusIssued and current4
  • Registered addressc/o C T CORPORATION SYSTEM, 1999 BRYAN ST., STE. 900, 75201 Dallas, United States4
  • Registered withCorporations Section (Texas Secretary of State), 08021837044

Geospace Technologies Corporation is a manufacturer of specialized electronics and seismic data acquisition equipment used in the oil and gas industry. Geospace Technologies has been publicly traded on the NASDAQ stock exchange since November 1997.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

29.7%Gross margin6
-10.2%Operating margin6
-8.8%Net margin6
-18.3%Revenue growth, 20256
-7.7%Return on equity6
0.00×Debt to equity6
-$30.2MFree cash flow6

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Product brought in 94% of the revenue Geospace Technologies broke down this way in fiscal 2025.

  1. Product$104.2M694%down 10% from 2024
  2. Rental$6.6M66%down 66% from 2024
Products and services by year
Products and services20242025
Product$116.0M$104.2M
Rental$19.6M$6.6M

Business segments

Energy Solutions brought in 46% of the revenue Geospace Technologies broke down this way in fiscal 2025.

  1. Energy Solutions$50.7M646%down 35% from 2024
  2. Smart Water$35.8M632%up 10% from 2024
  3. Intelligent Industrial$24.0M622%down 4% from 2024
Business segments by year
Business segments20242025
Energy Solutions$78.0M$50.7M
Smart Water$32.4M$35.8M
Intelligent Industrial$24.9M$24.0M

Regions

United States brought in 63% of the revenue Geospace Technologies broke down this way in fiscal 2025.

  1. United States$69.3M663%up 10% from 2024
  2. Asia$26.6M624%down 48% from 2024
  3. Europe$5.1M65%down 63% from 2024
  4. South America$3.1M63%up 12% from 2024
  5. Canada [member]$2.9M63%up 45% from 2024
  6. Mexico$2.7M62%up 40% from 2024
  7. Other$1.1M61%up 27% from 2024
Regions by year
Regions20242025
United States$63.1M$69.3M
Asia$51.1M$26.6M
Europe$13.8M$5.1M
South America$2.8M$3.1M
Canada [member]$2.0M$2.9M
Mexico$2.0M$2.7M
Other$845.0K$1.1M

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue61¢$77.9M
  • Research and development15¢$18.9M
  • Selling, general and admin23¢$29.8M
  • Interest0¢$169.0K
  • Income tax0¢$388.0K

Out of $110.8M in revenue.6 The company lost money this year.

Financial statements

Revenue910111213146$110.8M in 2025+108% since 2018
0$50.0M$100.0M$150.0M2018: $53.3M$53.3M20182019: $45.8M$45.8M2019−14%2020: $34.1M$34.1M2020−26%2021: $75.9M$75.9M2021+122%2022: $89.3M$89.3M2022+18%2023: $124.5M$124.5M2023+40%2024: $135.6M$135.6M2024+9%2025: $110.8M$110.8M2025−18%
Gross profit910111213146$32.9M in 2025+200% since 2018
0$20.0M$40.0M$60.0M2018: $11.0M$11.0M20182019: $31.4M$31.4M2019+186%2020: $23.4M$23.4M2020−25%2021: $16.3M$16.3M2021−30%2022: $18.0M$18.0M2022+11%2023: $51.7M$51.7M2023+186%2024: $52.6M$52.6M2024+2%2025: $32.9M$32.9M2025−37%
Operating income910111213146-$11.3M in 2025−46% since 2018
-$30.0M-$20.0M-$10.0M0$10.0M$20.0M2018: -$20.7M-$20.7M20182019: $1.0M$1.0M20192020: -$18.0M-$18.0M20202021: -$16.9M-$16.9M2021−6%2022: -$23.1M-$23.1M2022+37%2023: $11.3M$11.3M20232024: $7.1M$7.1M2024−37%2025: -$11.3M-$11.3M2025
Net income910111513146-$9.7M in 2025−49% since 2018
-$30.0M-$20.0M-$10.0M0$10.0M$20.0M2018: -$19.2M-$19.2M20182019: -$146.0K-$146.0K2019−99%2020: -$19.2M-$19.2M2020+13079%2021: -$6.8M-$6.8M2021−65%2022: -$22.9M-$22.9M2022+238%2023: $12.2M$12.2M20232024: -$6.6M-$6.6M20242025: -$9.7M-$9.7M2025+48%

Every line of the income statement as filed: the last 2 fiscal years, latest first.6

Period ending2025-09-302024-09-30
Total revenue$110.8M$135.6M
Total cost of revenue$77.9M$83.0M
Gross profit$32.9M$52.6M
Selling, general and administrative$29.8M$26.6M
Research and development$18.9M$16.3M
Other intangible asset impairment$0$2.8M
Provision for (recovery of) credit losses$66.0K-$110.0K
Total operating expenses$48.8M$45.5M
Income (loss) from operations-$11.3M$7.1M
Loss on sale of subsidiary$0-$14.5M
Interest expense-$169.0K-$187.0K
Interest income$2.5M$1.6M
Foreign currency transaction losses, net-$275.0K-$270.0K
Other, net-$145.0K-$143.0K
Total other income (expense), net$1.9M-$13.6M
Loss before income taxes-$9.3M-$6.5M
Income tax expense$388.0K$114.0K
Net loss-$9.7M-$6.6M
Basic (in dollars per share)-$0.76-$0.50
Diluted (in dollars per share)-$0.76-$0.50
Basic (in shares)12.8M shares13.2M shares
Diluted (in shares)12.8M shares13.2M shares

Compare Geospace Technologies with another company

Corporate structure

Geospace Technologies sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Geospace Technologies

  • Geospace Technologies Dallas, Texas, United States

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Geospace Technologies reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$83.6M6 Sep 30, 2025$81.6M6 Sep 30, 2024+2.4%
Accumulated depreciation$60.3M6 Sep 30, 2025$60.5M6 Sep 30, 2024−0.4%
Property and equipment, net$23.2M6 Sep 30, 2025$21.1M6 Sep 30, 2024+10.2%
Operating-lease assets (leased space)$915.0K6 Sep 30, 2025$464.0K6 Sep 30, 2024+97.2%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$26.3M6 Sep 30, 2025$6.9M6 Sep 30, 2024+282.0%
Marketable securities, current$06 Sep 30, 2025$30.2M6 Sep 30, 2024−100.0%
Debt securities available for sale$30.2M6 Sep 30, 2024$14.9M14 Sep 30, 2023+102.6%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$1.3M6 Sep 30, 2025$736.0K6 Sep 30, 2024+70.9%
Finite-lived intangibles, gross$12.1M6 Sep 30, 2025$8.4M6 Sep 30, 2024+44.4%
Accumulated amortization$7.0M6 Sep 30, 2025$6.7M6 Sep 30, 2024+3.2%
Finite-lived intangibles, net$5.2M6 Sep 30, 2025$1.6M6 Sep 30, 2024+212.6%

Inventory

ItemLatestA year beforeChange
Inventory, total$30.9M6 Sep 30, 2025$26.2M6 Sep 30, 2024+17.8%
Raw materials$27.2M6 Sep 30, 2025$30.9M6 Sep 30, 2024−11.9%
Work in process$6.4M6 Sep 30, 2025$3.6M6 Sep 30, 2024+76.7%
Finished goods$24.2M6 Sep 30, 2025$18.1M6 Sep 30, 2024+33.6%

Properties, in its own words

As of September 30, 2025, our operations included the following locations:

Location · Owned/Leased · Approximate Square Footage/Acreage · Use · Segment (see notes below)

The rest of Item 2

Houston, Texas · Owned · 387,000 · See Note 1 below · 4,5 and 6

Houston, Texas · Leased · 30,000 · See Note 2 below · 4,5 and 6

Austin, Texas · Leased · 9,000 · See Note 3 below · 5

Calgary, Alberta, Canada · Owned · 45,000 · Manufacturing, sales and service · 5 and 6

Luton, Bedfordshire, England · Owned · 8,000 · Sales and service · 6

Bogotá, Colombia · Owned · 19,000 · Sales and service · 5

(1) · This property is located at 7007 Pinemont Drive in Houston, Texas (the “Pinemont Facility”). The Pinemont Facility contains substantially all manufacturing activities and all engineering, selling, marketing and administrative activities for us in the United States. The Pinemont Facility also serves as our international corporate headquarters.

(2) · This property is located at 13430 Northwest Freeway, Suite 1050, in Houston, Texas. This facility supports the majority of research and development and engineering operations.

(3) · This property is located at 8701 Cross Park Drive, Suite 100, in Austin, Texas. This facility supports the majority of our OptoSeis® research and development and engineering operations.

(4) · Smart Water.

(5) · Energy Solutions.

(6) · Intelligent Industrial.

Item 2 of the 10-K filed Nov 21, 2025.18

The story

The company was founded in 1980 when Tokyo-based OYO Corporation entered the North American seismic instrumentation market. In 1983, OYO U.S.A was a subsidiary of OYO Japan’s North American, and operations were conducted through a wholly owned holding company. In 1985, AMF Geo Space Corporation specializing in the geophone and hydrophone operations was announced to be sold by its parent company AMF Inc. A year later OYO U.S.A. acquired AMF Geo Space Corporation. OYO Geospace Corporation was established in 1994 as a subsidiary of OYO U.S.A. by combining Houston Geophysical Products and the AMF thermal plotter line. On November 20, 1997, the firm shares were listed on NASDAQ. In 1998, OYO Geospace Corporation acquired JRC/Concord Technologies Inc., a company specializing in the design and manufacture of marine seismic streamer accessories.

In February 2012, OYO Corporation U.S.A. sold its shares of OYO Geospace Corporation. On October 1, 2012, OYO Geospace Corporation changed its name and ticker symbol to Geospace Technologies Corporation. At the same time, the plotter line OYO Instruments was renamed to EXILE Technologies.

In July 2018, the company acquired Quantum Technology Sciences, a privately held security and surveillance sensing technology company.

In November 2018, Geospace bought the Norwegian-based PGS’s Optoseis, a fiber optic permanent reservoir monitoring company.

In April 2020, the company received a $10 million contract with the Department of Homeland Security to provide a border security technology product to the U.S. Customs and Border Protection. In July 2021, Geospace Technologies acquired 100 percent shares of Aquana, LLC.

From Wikipedia’s article on Geospace Technologies, shared under CC BY-SA 4.0.8

Leadership

Who has led Geospace Technologies, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (20)

Former names

  • OYO GEOSPACE CORPNov 18, 1997 to Oct 1, 20127

Timeline

  1. Aug 7, 20268-K Results of operations43
  2. May 7, 20268-K Results of operations44
  3. Apr 6, 20268-K Exit or restructuring costs45
  4. Feb 5, 20268-K Shareholder vote46
  5. Feb 4, 20268-K Results of operations47
  6. Nov 20, 20258-K Results of operations48
  7. Sep 4, 20258-K Entered a material agreement; New debt or obligation49
  8. Aug 8, 20258-K Results of operations50
  9. May 9, 20258-K Results of operations51
  10. Mar 4, 20258-K Entered a material agreement52
  11. Feb 6, 20258-K Shareholder vote53
  12. Feb 5, 20258-K Results of operations54
  13. Oct 2, 2024New chief executive Richard James Kelley becomes CEO19
  14. Nov 20, 2015New chief executive Walter R. Wheeler becomes CEO20
  15. Mar 26, 2015Founded Geospace Technologies is founded4
  16. Aug 31, 2007New chief executive Gary D. Owens becomes CEO21

Calendar

Coming up

  1. Nov 19, 2026Reports results for the quarter ending Sep/202655

When it reported results

  1. Aug 7, 2026Reported quarterly or annual results43
  2. May 7, 2026Reported quarterly or annual results44
  3. Feb 4, 2026Reported quarterly or annual results47
  4. Nov 20, 2025Reported quarterly or annual results48
  5. Aug 8, 2025Reported quarterly or annual results50
  6. May 9, 2025Reported quarterly or annual results51
  7. Feb 5, 2025Reported quarterly or annual results54
  8. Nov 21, 2024Reported quarterly or annual results56

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

186 filings to the SEC since October 2021: 7 annual reports, 15 quarterly reports, 40 major events, 73 insider forms, 36 large holders, 15 other. The latest 20:

  1. Oct 7, 2026SCHEDULE 13G EDGAR
  2. Aug 14, 2026SCHEDULE 13G/A EDGAR
  3. Aug 7, 202610-Q EDGAR
  4. Aug 7, 20268-K EDGAR
  5. Jul 31, 2026SCHEDULE 13G/A EDGAR
  6. May 19, 2026SD EDGAR
  7. May 15, 2026SCHEDULE 13G/A EDGAR
  8. May 8, 202610-Q EDGAR
  9. May 7, 20268-K EDGAR
  10. Apr 29, 2026SCHEDULE 13G EDGAR
  11. Apr 6, 20268-K EDGAR
  12. Mar 26, 2026SCHEDULE 13G/A EDGAR
  13. Feb 17, 2026SCHEDULE 13G/A EDGAR
  14. Feb 12, 202610-Q EDGAR
  15. Feb 9, 20264 EDGAR
  16. Feb 9, 20264 EDGAR
  17. Feb 9, 20264 EDGAR
  18. Feb 9, 20264 EDGAR
  19. Feb 9, 20264 EDGAR
  20. Feb 9, 20264 EDGAR

The 186 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

23 open-market trades by officers, directors and large owners since October 2021: 17 buys and 6 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Feb 22, 2024Miles Richard FDirectorSale4,900$12.04$59.0KForm 4
Feb 22, 2024Adams Robbin B.SVP & Chief Technical OfficerSale1,250$12.28$15.3KForm 4
Feb 20, 2024Adams Robbin B.SVP & Chief Technical OfficerSale912$12.32$11.2KForm 4
Feb 20, 2024Adams Robbin B.SVP & Chief Technical OfficerSale912$12.32$11.2KForm 4
Feb 14, 2024Adams Robbin B.SVP & Chief Technical OfficerSale2,078$12.29$25.5KForm 4
Feb 14, 2024Adams Robbin B.SVP & Chief Technical OfficerSale2,078$12.29$25.5KForm 4
Feb 22, 2023OWENS GARY DDirectorBuy27,177$5.50$149.5KForm 4
Feb 21, 2023OWENS GARY DDirectorBuy12,823$5.48$70.3KForm 4
Feb 17, 2023OWENS GARY DDirectorBuy10,000$5.50$55.0KForm 4
Sep 2, 2022OWENS GARY DDirectorBuy7,000$5.00$35.0KForm 4
Sep 1, 2022OWENS GARY DDirectorBuy11,500$4.87$56.0KForm 4
Aug 31, 2022OWENS GARY DDirectorBuy13,500$4.89$66.0KForm 4
Aug 30, 2022OWENS GARY DDirectorBuy4,631$4.93$22.8KForm 4
Aug 22, 2022OWENS GARY DDirectorBuy700$4.97$3.5KForm 4
Aug 19, 2022OWENS GARY DDirectorBuy300$4.99$1.5KForm 4
Aug 17, 2022OWENS GARY DDirectorBuy19,369$4.94$95.7KForm 4
Aug 16, 2022OWENS GARY DDirectorBuy21,800$4.79$104.4KForm 4
Aug 15, 2022OWENS GARY DDirectorBuy8,200$4.76$39.0KForm 4
May 17, 2022OWENS GARY DDirectorBuy75,000$5.34$400.2KForm 4
Feb 24, 2022OWENS GARY DDirectorBuy15,069$5.42$81.7KForm 4

All 23 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Executive pay

What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.

YearExecutiveAgeSalaryTotal pay
2025Robbin B. AdamsSenior Vice President and Chief Technical Officer (former)$84.2K$802.6K67
2025Richard J. KelleyPresident and CEO (fiscal year 2025)57$385.0K$723.5K67
2025Robert L. CurdaExecutive Vice President, Chief Financial Officer and Secretary52$315.0K$528.4K67
2025Ronald T. BusheySenior Vice President and Chief Technical Officer62$290.5K$482.8K67
2024Walter R. WheelerPresident and CEO (fiscal year 2024)$379.6K$568.0K67
2024Robbin B. AdamsSenior Vice President and Chief Technical Officer (former)$343.8K$520.6K67
2024Robert L. CurdaExecutive Vice President, Chief Financial Officer and Secretary52$292.3K$465.3K67

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 81. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
Grace & White Inc /ny673,236$4.6M0.7%+200,035
Vanguard Capital Management LLC515,067$3.5M0.0%−61,965
Dimensional Fund Advisors LP392,423$2.7M0.0%−98,593
Marshall Wace, Llp301,916$2.0M0.0%+113,110
BlackRock, Inc.231,765$1.6M0.0%+6,197
Us Bancorp \de\212,766$1.4M0.0%+85,632
Sei Investments Co199,365$1.3M0.0%−211,541
Geode Capital Management, LLC164,180$1.1M0.0%+12,026
State Street Corp163,075$1.1M0.0%+26,222
De Lisle Partners LLP147,133$998.3K0.1%No change
Robotti Robert128,436$869.5K0.1%New
Two Sigma Investments, LP82,184$556.4K0.0%+8,277
Bridgeway Capital Management, LLC79,693$539.5K0.0%+900
Vanguard Fiduciary Trust Co76,586$518.5K0.0%+521
Glenorchy Capital Ltd68,488$463.7K0.3%−104,851
Citadel Advisors LLC58,018$392.8K0.0%+25,300
EagleClaw Capital Managment, LLC50,015$338.6K0.0%−32,000
Renaissance Technologies LLC44,299$299.9K0.0%New
Ironwood Investment Management LLC36,279$245.6K0.1%+237
Jacobs Levy Equity Management, Inc35,573$240.8K0.0%New
Susquehanna International Group, Llp33,029$223.6K0.0%−113,366
Kingsview Wealth Management, LLC31,283$211.8K0.0%+2,961
Northern Trust Corp28,717$194.4K0.0%−11,879
American Century Companies Inc28,201$190.9K0.0%−1,118
Goldman Sachs Group Inc25,800$174.7K0.0%New

13F reports cover disclosed long positions in U.S. stocks only.

SEC filer profile

How Geospace Technologies is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARGEOSPACE TECHNOLOGIES CORP2
  • CIK0001001115
  • Employer ID (EIN)76-044778018
  • Filer statusAccelerated filer not an emerging growth company; a smaller reporting company; not a shell company18
  • Incorporated inTexas18
  • Fiscal year endsSeptember 302
  • Industry code (SIC)3829 Measuring & Controlling Devices, NEC2
  • SEC reviewing officeOffice of Industrial Applications and Services, Division of Corporation Finance2
  • Business address7007 Pinemont Dr., Houston, TX 770402
  • Phone71398644442
  • Shares outstanding12,935,603 as of Jul 31, 202617
  • Public float$90.0M as of Mar 31, 202518
  • AuditorRSM US LLP, Houston, Texas PCAOB ID 49; no auditor attestation of internal control over financial reporting18
  • On EDGAR sinceSep 30, 19972
  • Filings1,026 in all: 4 (362), 8-K (250), SC 13G/A (90), 10-Q (87), DEF 14A (30), 3 (27), SC 13G (25), 10-K (24)2
    All 38 form types

    4/A (20), SCHEDULE 13G/A (14), SD (13), UPLOAD (10), SC 13D/A (9), CORRESP (6), S-8 (6), SC 13D (5), 10-K405 (4), DEFA14A (4), PRE 14A (4), SCHEDULE 13G (4), 10-K/A (3), 424B1 (3), 8-K/A (3), S-3 (3), 10-Q/A (2), 144 (2), 424B3 (2), ARS (2), S-1/A (2), S-3/A (2), 3/A (1), 424B4 (1), 8-A12B (1), EFFECT (1), FWP (1), NT 10-Q (1), S-1 (1), S-8 POS (1)

  • Latest filingsAnnual report (10-K) Nov 21, 2025
    Quarterly report (10-Q) Aug 7, 2026
    Proxy statement (DEF 14A) Dec 23, 2025
    Latest 8-K (8-K) Aug 7, 2026

Securities registered for trading

ClassSymbolExchange
Common StockGEOSNASDAQ

From the cover page of the 10-K filed Nov 21, 2025 (Section 12(b) of the Exchange Act).18

Risk factors and legal proceedings

The risks Geospace Technologies names in Item 1A of its 10-K filed Nov 21, 2025: 29 risks under these headings, as written.18

  • External Factors that Could Adversely Affect Us
  • Oil Commodity Price Levels Could Affect Demand for Our Oil and Gas Products, Which Could Materially and Adversely Affect Our Results of Operations and Liquidity.
  • The Ongoing Armed Conflict Between Russia and Ukraine Could Adversely Affect Our Business and Results of Operations.
  • Our Foreign Subsidiaries and Foreign Marketing Efforts Are Subject to Additional Political, Economic, Legal and Other Uncertainties Not Generally Associated with Domestic Operations.
  • Increases in Tariffs, Trade Restrictions or Taxes on our Products Could Have an Adverse Impact on our Operations.
  • Climate Change and Legislation Designed to Reduce Climate Change
  • We Operate in Highly Competitive Markets, and Our Competitors May Be Able to Provide Newer or Better Products Than We Are Able to Provide.
  • A General Downturn in the Economy in Future Periods May Adversely Affect Our Business.
  • Risks Associated with Our Business Strategy and Operations
  • Our New Products Require a Substantial Investment by Us in Research and Development Expense and May Not Achieve Market Acceptance.
  • The Short-Term Nature of Our Order Backlog for Sales of Our Oil and Gas Products and Delayed or Canceled Customer Orders May Cause Us to Experience Fluctuations in Quarterly Results of Operations.
  • Our Credit Risk Could Increase and We May Incur Credit Loss Write-Offs If Our Customers Continue to Face Difficult Economic Circumstances.
The other 18 risks
  • The Industries in Which We Operate are Characterized by Rapid Technological Development and Product Obsolescence, Which May Affect Our Ability to Provide Product Enhancements or New Products on a Timely and Cost-Effective Basis.
  • The Limited Market for Oil and Gas Products and Border and Perimeter Security Products Can Affect Our Revenue.
  • We Cannot Be Certain of the Effectiveness of Patent Protection on Our Products.
  • Our Strategy of Renting Our Oil and Gas Seismic Products Exposes Us to Additional Risks Relating to Equipment Recovery, Rental Renewals, Technological Obsolescence and Impairment of Assets.
  • Our Diversification Strategy Using both Organic Expansion and Acquisitions May Not Be Successful.
  • We Rely on Key Suppliers for Certain Components Used in Our Products.
  • Our Success Depends Upon a Limited Number of Key Personnel.
  • We Have a Minimal Disaster Recovery Program at Our Houston Facilities.
  • Our Storage of Lithium Batteries is a Fire Hazard.
  • Our Credit Agreement Imposes Restrictions on Our Business.
  • Reliance on Third Party Subcontractors Could Adversely Affect Our Results of Operations and Reputation.
  • The High Fixed Costs of Our Operations Could Adversely Affect Our Results of Operations.
  • Legal and Compliance Risks
  • Our Global Operations Expose Us to Risks Associated with Conducting Business Internationally, Including Failure to Comply with U.S. Laws Which Apply to International Operations, Such as the Foreign Corrupt Practices Act and U.S. Export Control Laws, as Well as the Laws of Other Countries.
  • Because We Have No Plans to Pay Any Dividends for the Foreseeable Future, Investors Must Look Solely to Stock Appreciation for a Return on Their Investment in Us.
  • We Have a Relatively Small Public Float, and Our Stock Price May be Volatile.
  • Financial and Accounting Risks
  • Unfavorable Currency Exchange Rate Fluctuations Could Adversely Affect Our Results of Operations.
  • Our Long-Lived Assets May be Subject to Impairment.
  • Should We Fail to Maintain an Effective System of Internal Control Over Financial Reporting, We May Not Be Able to Accurately Report Our Financial Results and Prevent Material Fraud, Which Could Adversely Affect the Value of Our Common Stock.

Legal proceedings

We are involved in various pending legal actions in the ordinary course of our business. Management is unable to predict the ultimate outcome of these actions because of the inherent uncertainty of litigation. However, management believes that the most probable, ultimate resolution of currently pending matters will not have a material adverse effect on our consolidated financial position, results of operations or cash flows.

The opening of Item 3, Legal Proceedings.18

Sources

The numbers on this page point here. Each one links to the record it came from.

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