MIND on Nasdaq
MIND TECHNOLOGY, INC
American search company, incorporated in Delaware, listed on Nasdaq (MIND)1
In its 2026 annual report the company says: “We provide technology to the oceanographic, hydrographic, seismic and maritime security industries. We are focusing on our strategy to emphasize and expand our Seamap business. We are primarily focused on three markets within the broader marine products space, Marine Exploration, Marine Survey and Maritime Security.”5 It is headquartered in The Woodlands, Texas.1
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Last updated Oct 21, 2026.
Overview
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- TickerMIND on Nasdaq1
- IndustrySearch, Detection, Navigation, Guidance, Aeronautical Sys1
- HeadquartersThe Woodlands, Texas1
- Incorporated inDE3
- Business address2002 Timberloch Place, Suite 400, The Woodlands, Tx 77380-11873
- Filer categoryNon-accelerated filer, Smaller reporting company3
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MIND Technology, Inc. (“MIND” and, together with its consolidated subsidiaries, the “Company”, “we”, “us” and “our”), a Delaware corporation, was incorporated in 1987. We provide technology to the oceanographic, hydrographic, seismic and maritime security industries. Headquartered in The Woodlands, Texas, MIND has a global presence with key operating locations in the United States, Singapore, Malaysia and the United Kingdom.5 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2026
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Regions
NO brought in 52% of the revenue MIND TECHNOLOGY, INC broke down this way in fiscal 2026.
Regions by year
| Regions | 2025 | 2026 |
|---|---|---|
| NO | $22.0M | $21.1M |
| China | $17.7M | $10.9M |
| United States | $2.5M | $3.0M |
| Other Countries | $3.4M | $2.7M |
| T R | $634.0K | $2.1M |
| Japan | $340.0K | $1.1M |
Where the money goes
Where each dollar of revenue went, fiscal 2026
- Research and development4¢$1.6M
- Selling, general and admin33¢$13.3M
- Other costs56¢$23.1M
- Income tax5¢$2.2M
- Profit2¢$750.0K
Out of $40.9M in revenue.2
Where each dollar of operating cash went, fiscal 2026
- Capital spending26¢$663.0K
- Kept or used elsewhere74¢$1.9M
Out of $2.6M of cash from operations.2
Financial statements
Every line of the income statement as filed: the last 2 fiscal years, latest first.2
| Period ending | 2026-01-31 | 2025-01-31 |
|---|---|---|
| Sale of marine technology products | $40.9M | $46.9M |
| Sale of marine technology products | $22.3M | $25.9M |
| Gross profit | $18.7M | $21.0M |
| Selling, general and administrative | $13.3M | $11.3M |
| Research and development | $1.6M | $1.9M |
| Depreciation and amortization | $873.0K | $944.0K |
| Total operating expenses | $15.8M | $14.1M |
| Operating income | $2.9M | $6.8M |
| Other income | $43.0K | $240.0K |
| Income before income taxes | $2.9M | $7.1M |
| Provision for income taxes | -$2.2M | -$2.0M |
| Net income | $750.0K | $5.1M |
| Gain on Preferred Stock conversion | $0 | $14.8M |
| Preferred stock dividends - undeclared | $0 | -$2.3M |
| Net income attributable to common stockholders | $750.0K | $17.6M |
| Net income per common share - Basic and diluted (in dollars per share) | $0.09 | $4.32 |
| Basic (in shares) | 8.3M shares | 4.1M shares |
| Diluted (in shares) | 8.3M shares | 4.1M shares |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.2
| Period ending | 2026-01-31 | 2025-01-31 | 2024-08-31 | 2024-01-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $19.1M | $5.3M | ||
| Accounts receivable, net of allowance for credit losses of $332 at January 31, 2026 and 2025 | $12.6M | $11.8M | $6.6M | |
| Inventories, net | $11.2M | $13.7M | ||
| Prepaid expenses and other current assets | $2.1M | $1.2M | ||
| Total current assets | $44.9M | $32.1M | ||
| Net book value of property and equipment | $1.2M | $890.0K | ||
| Operating lease right-of-use assets | $1.1M | $1.3M | ||
| Intangible assets, net | $1.8M | $2.3M | ||
| Deferred tax asset | $302.0K | $87.0K | ||
| Total assets | $49.3M | $36.7M | ||
| Accounts payable | $1.2M | $2.6M | ||
| Deferred revenue | $320.0K | $189.0K | ||
| Customer deposits | $971.0K | $1.6M | ||
| Accrued expenses and other current liabilities | $1.6M | $1.2M | ||
| Income taxes payable | $2.7M | $2.5M | ||
| Operating lease liabilities - current | $686.0K | $577.0K | ||
| Total current liabilities | $7.4M | $8.6M | ||
| Operating lease liabilities - non-current | $406.0K | $743.0K | ||
| Total liabilities | $7.8M | $9.4M | ||
| Preferred stock, $1.00 par value; 2,000 shares authorized; no shares issued and outstanding at January 31, 2026 and January 31, 2025, respectively | $0 | $0 | ||
| Common stock $0.01 par value; 40,000 shares authorized; 9,089 and 7,969 shares issued and outstanding at January 31, 2026 and 2025, respectively | $91.0K | $80.0K | ||
| Additional paid-in capital | $149.0M | $135.7M | ||
| Accumulated deficit | -$107.7M | -$108.4M | ||
| Accumulated other comprehensive gain | $34.0K | $34.0K | ||
| Total stockholders equity | $41.4M | $27.3M | $22.6M | |
| Total liabilities and stockholders equity | $49.3M | $36.7M | ||
| Allowance for credit losses | $332.0K | $332.0K | $332.0K | |
| Preferred stock, par value (in dollars per share) | $1.00 | $1.00 | $1.00 | |
| Preferred stock, authorized (in shares) | 2.0M shares | 2.0M shares | ||
| Preferred stock, issued (in shares) | 0 shares | 0 shares | ||
| Preferred stock, outstanding (in shares) | 0 shares | 0 shares | ||
| Common stock, par value (in dollars per share) | $0.01 | $0.01 | $0.01 | |
| Common stock, authorized (in shares) | 40.0M shares | 40.0M shares | ||
| Common stock, issued (in shares) | 9.1M shares | 8.0M shares | ||
| Common stock, outstanding (in shares) | 9.1M shares | 8.0M shares |
| Period ending | 2026-01-31 | 2025-01-31 | 2024-08-31 | 2024-01-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $19.1M | $5.3M | ||
| Accounts receivable, net of allowance for credit losses of $332 at January 31, 2026 and 2025 | $12.6M | $11.8M | $6.6M | |
| Inventories, net | $11.2M | $13.7M | ||
| Prepaid expenses and other current assets | $2.1M | $1.2M | ||
| Total current assets | $44.9M | $32.1M | ||
| Net book value of property and equipment | $1.2M | $890.0K | ||
| Operating lease right-of-use assets | $1.1M | $1.3M | ||
| Intangible assets, net | $1.8M | $2.3M | ||
| Deferred tax asset | $302.0K | $87.0K | ||
| Total assets | $49.3M | $36.7M | ||
| Accounts payable | $1.2M | $2.6M | ||
| Deferred revenue | $320.0K | $189.0K | ||
| Customer deposits | $971.0K | $1.6M | ||
| Accrued expenses and other current liabilities | $1.6M | $1.2M | ||
| Income taxes payable | $2.7M | $2.5M | ||
| Operating lease liabilities - current | $686.0K | $577.0K | ||
| Total current liabilities | $7.4M | $8.6M | ||
| Operating lease liabilities - non-current | $406.0K | $743.0K | ||
| Total liabilities | $7.8M | $9.4M | ||
| Preferred stock, $1.00 par value; 2,000 shares authorized; no shares issued and outstanding at January 31, 2026 and January 31, 2025, respectively | $0 | $0 | ||
| Common stock $0.01 par value; 40,000 shares authorized; 9,089 and 7,969 shares issued and outstanding at January 31, 2026 and 2025, respectively | $91.0K | $80.0K | ||
| Additional paid-in capital | $149.0M | $135.7M | ||
| Accumulated deficit | -$107.7M | -$108.4M | ||
| Accumulated other comprehensive gain | $34.0K | $34.0K | ||
| Total stockholders equity | $41.4M | $27.3M | $22.6M | |
| Total liabilities and stockholders equity | $49.3M | $36.7M | ||
| Allowance for credit losses | $332.0K | $332.0K | $332.0K | |
| Preferred stock, par value (in dollars per share) | $1.00 | $1.00 | $1.00 | |
| Preferred stock, authorized (in shares) | 2.0M shares | 2.0M shares | ||
| Preferred stock, issued (in shares) | 0 shares | 0 shares | ||
| Preferred stock, outstanding (in shares) | 0 shares | 0 shares | ||
| Common stock, par value (in dollars per share) | $0.01 | $0.01 | $0.01 | |
| Common stock, authorized (in shares) | 40.0M shares | 40.0M shares | ||
| Common stock, issued (in shares) | 9.1M shares | 8.0M shares | ||
| Common stock, outstanding (in shares) | 9.1M shares | 8.0M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 2 fiscal years, latest first.2
| Period ending | 2026-01-31 | 2025-01-31 |
|---|---|---|
| Net income | $750.0K | $5.1M |
| Depreciation and amortization | $873.0K | $944.0K |
| Stock-based compensation | $1.6M | $235.0K |
| Provision for inventory obsolescence | $227.0K | $68.0K |
| Deferred tax expense (benefit) | -$215.0K | $35.0K |
| Accounts receivable | -$735.0K | -$5.2M |
| Unbilled revenue | -$20.0K | -$7.0K |
| Inventories | $2.4M | -$441.0K |
| Income taxes receivable and payable | $183.0K | $360.0K |
| Accounts payable, accrued expenses and other current liabilities | -$2.0M | $45.0K |
| Prepaid expenses and other current and long-term assets | -$895.0K | $1.9M |
| Deferred revenue and customer deposits | $501.0K | -$1.9M |
| Net cash provided by operating activities | $2.6M | $651.0K |
| Purchases of property and equipment | -$663.0K | -$437.0K |
| Sale of other assets | $0 | $457.0K |
| Net cash (used in) provided by investing activities | -$663.0K | $20.0K |
| Preferred stock conversion transaction costs | $0 | -$619.0K |
| Proceeds from issuance of common stock, net | $11.8M | $0 |
| Net cash provided by (used in) financing activities | $11.8M | -$619.0K |
| Net increase in cash and cash equivalents | $13.7M | $47.0K |
| Effect of changes in foreign exchange rates on cash and cash equivalents | $6.0K | -$5.0K |
No quarter-by-quarter statement was filed.
Corporate structure
MIND TECHNOLOGY, INC sits at the top of its group. 8 entities, 5 countries on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of MIND TECHNOLOGY, INC
- VANGUARD GROUP INC Filed SC 13G/A on MIND TECHNOLOGY, INC, latest Feb 10, 2022
- ARIEL INVESTMENTS, LLC Filed SC 13G/A on MIND TECHNOLOGY, INC, latest Nov 10, 2021
- MIND TECHNOLOGY, INC The Woodlands, Texas
- MIND Maritime Acoustics, LLC Subsidiary · Texas, United States
- Mitcham Canada Holdings Limited Subsidiary · United Kingdom
- Mitcham Canada ULC Subsidiary · Alberta, Canada
- Mitcham Holdings Ltd Subsidiary · United Kingdom
- Seamap (Malaysia) Sdn. Bhd. Subsidiary · Malaysia
- Seamap (UK) Ltd. Subsidiary · United Kingdom
- Seamap Pte. Ltd. Subsidiary · Singapore
Built from subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What MIND TECHNOLOGY, INC 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
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, before depreciation | $10.6M2 Jan 31, 2026 | $10.5M2 Jan 31, 2025 | +0.9% |
| Accumulated depreciation | $9.3M2 Jan 31, 2026 | $9.6M2 Jan 31, 2025 | −2.7% |
| Property and equipment, net | $1.2M2 Jan 31, 2026 | $890.0K2 Jan 31, 2025 | +38.8% |
| Operating-lease assets (leased space) | $1.1M2 Jan 31, 2026 | $1.3M2 Jan 31, 2025 | −17.3% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $19.1M2 Jan 31, 2026 | $5.3M2 Jan 31, 2025 | +257.0% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Finite-lived intangibles, gross | $15.5M2 Jan 31, 2026 | $15.5M2 Jan 31, 2025 | +0.1% |
| Accumulated amortization | $13.8M2 Jan 31, 2026 | $13.2M2 Jan 31, 2025 | +4.3% |
| Finite-lived intangibles, net | $1.8M2 Jan 31, 2026 | $2.3M2 Jan 31, 2025 | −24.0% |
Inventory
| Item | Latest | A year before | Change |
|---|---|---|---|
| Inventory, total | $11.2M2 Jan 31, 2026 | $13.7M2 Jan 31, 2025 | −18.9% |
| Raw materials | $7.7M2 Jan 31, 2026 | $8.5M2 Jan 31, 2025 | −9.0% |
| Work in process | $2.2M2 Jan 31, 2026 | $2.8M2 Jan 31, 2025 | −22.7% |
| Finished goods | $2.8M2 Jan 31, 2026 | $4.0M2 Jan 31, 2025 | −28.5% |
Properties, in its own words
We occupy the following principal facilities, which we believe are adequately utilized for our continuing operations:
Location · Type of Facility · Size (in square feet) · Owned or Leased
The rest of Item 2
Huntsville, Texas · Office and warehouse · 30,000 (on six acres) · Owned
The Woodlands, Texas · Office · 3,500 · Leased
Singapore · Office and warehouse · 20,000 · Leased
Shepton Mallet, United Kingdom · Office and warehouse · 10,000 · Leased
Iskandar Puteri, Johor, Malaysia · Office and warehouse · 76,700 · Leased
We do not believe that any single property is material to our operations and, if necessary, we could readily obtain a replacement facility.
Item 2 of the 10-K filed Apr 20, 2026.5
Leadership
Who has led MIND TECHNOLOGY, INC, and when. Pick a name to see everywhere that person has worked.
Chief financial officer
Chief operating officer
- Chief executive officerGuy Malden Feb 17, 2017 to Aug 9, 202115
- Chief executive officerRobert P. Capps Feb 17, 2017 to now16
- Chief executive officerBilly F. Mitcham Jr. Apr 4, 2006 to May 29, 201517
- PresidentRobert P. Capps Aug 5, 2022 to now18
- PresidentBilly F. Mitcham Jr. Apr 4, 2006 to May 29, 201517
- Chief financial officerMark Alan Cox Aug 5, 2022 to now19
- Chief financial officerMichael A. Pugh Apr 4, 2006 to Apr 4, 200620
- Chief financial officerRobert P. Capps Jun 27, 2006 to Aug 9, 202121
- Chief operating officerDennis Patrick Morris Apr 23, 2020 to Aug 9, 202122
Board members and other officers (13)
- Principal Accounting OfficerMark Alan Cox May 18, 2017 to Aug 9, 202123
- VP- Marine SystemsGuy Malden Apr 4, 2006 to Jan 14, 201624
- VP - Business DevelopmentPaul Guy Rogers Apr 4, 2006 to Jun 21, 201625
- Board memberAlan Perry Baden May 3, 2022 to now26
- Board memberNancy Jean Harned May 3, 2022 to Aug 5, 202227
- Board memberWilliam Hunter Hilarides Aug 23, 2019 to now28
- Board memberMarcus C. Rowland Sep 16, 2015 to Aug 9, 202129
- Board memberThomas S. Glanville Sep 16, 2015 to now30
- Board memberRobert John Albers Feb 1, 2008 to Aug 9, 202131
- Board memberRobert P. Capps Jan 26, 2006 to Jan 22, 202532
- Board memberR. Dean Lewis Jan 30, 2006 to Jul 31, 201933
- Board memberBilly F. Mitcham Jr. Apr 4, 2006 to May 29, 201517
- Board memberJohn F. Schwalbe Apr 28, 2006 to May 29, 201534
Subsidiaries and ownership
Subsidiaries (Exhibit 21)
- MIND Maritime Acoustics, LLC Texas4
- Mitcham Canada Holdings Limited United Kingdom4
- Mitcham Canada ULC Alberta, Canada4
- Mitcham Holdings Ltd United Kingdom4
- Seamap (Malaysia) Sdn. Bhd. Malaysia4
- Seamap (UK) Ltd. United Kingdom4
- Seamap Pte. Ltd. Singapore4
The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.
Former names
- MITCHAM INDUSTRIES INCJun 20, 1996 to Aug 7, 20203
Timeline
- Sep 8, 20268-K Results of operations; Regulation FD disclosure35
- Jul 23, 20268-K Shareholder vote36
- Jun 10, 20268-K Results of operations; Regulation FD disclosure37
- Apr 15, 20268-K Results of operations; Regulation FD disclosure38
- Dec 9, 20258-K Results of operations; Regulation FD disclosure39
- Sep 9, 20258-K Results of operations; Regulation FD disclosure40
- Sep 2, 20258-K Entered a material agreement; Regulation FD disclosure; Other events41
- Jul 21, 20258-K Shareholder vote42
- Jun 10, 20258-K Results of operations; Regulation FD disclosure43
- Jun 4, 20258-K Change of auditor44
- May 16, 20258-K Director nominations45
- Apr 22, 20258-K Results of operations; Regulation FD disclosure46
- Feb 17, 2017New chief executive Robert P. Capps becomes CEO16
- Feb 17, 2017New chief executive Guy Malden becomes CEO15
- Apr 4, 2006New chief executive Billy F. Mitcham Jr. becomes CEO17
Calendar
Coming up
- Dec 8, 2026Reports results for the quarter ending Oct/202647
When it reported results
- Sep 8, 2026Reported quarterly or annual results35
- Jun 10, 2026Reported quarterly or annual results37
- Apr 15, 2026Reported quarterly or annual results38
- Dec 9, 2025Reported quarterly or annual results39
- Sep 9, 2025Reported quarterly or annual results40
- Jun 10, 2025Reported quarterly or annual results43
- Apr 22, 2025Reported quarterly or annual results46
- Dec 10, 2024Reported quarterly or annual results48
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
167 filings to the SEC since October 2021: 7 annual reports, 15 quarterly reports, 64 major events, 40 insider forms, 2 large holders, 39 other. The latest 20:
- Sep 9, 202610-Q EDGAR
- Sep 8, 20268-K EDGAR
- Jul 31, 20264 EDGAR
- Jul 31, 20264 EDGAR
- Jul 31, 20264 EDGAR
- Jul 31, 20264 EDGAR
- Jul 31, 20264 EDGAR
- Jul 31, 20264 EDGAR
- Jul 23, 20268-K EDGAR
- Jun 11, 202610-Q EDGAR
- Jun 10, 20268-K EDGAR
- Jun 1, 2026ARS EDGAR
- Jun 1, 2026DEF 14A EDGAR
- Apr 20, 202610-K EDGAR
- Apr 15, 20268-K EDGAR
- Dec 11, 202510-Q EDGAR
- Dec 9, 20258-K EDGAR
- Oct 8, 20254 EDGAR
- Oct 8, 20254 EDGAR
- Oct 8, 20254 EDGAR
The 167 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
9 open-market trades by officers, directors and large owners since October 2021: 9 buys and 0 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Jul 18, 2022 | BLUM PETER HDirector | Buy | 8,000 | $7.12 | $57.0K | Form 4 |
| Jul 15, 2022 | BLUM PETER HDirector | Buy | 10,000 | $7.27 | $72.7K | Form 4 |
| Jun 23, 2022 | BLUM PETER HDirector | Buy | 12,000 | $3.07 | $36.8K | Form 4 |
| Jun 22, 2022 | BLUM PETER HDirector | Buy | 10,000 | $0.85 | $8.5K | Form 4 |
| Jun 21, 2022 | BLUM PETER HDirector | Buy | 10,000 | $0.87 | $8.7K | Form 4 |
| Jun 16, 2022 | BLUM PETER HDirector | Buy | 1,696 | $12.64 | $21.4K | Form 4 |
| Dec 16, 2021 | BLUM PETER HDirector | Buy | 50,000 | $1.50 | $75.0K | Form 4 |
| Oct 29, 2021 | BLUM PETER HDirector | Buy | 10,000 | $1.72 | $17.2K | Form 4 |
| Oct 28, 2021 | BLUM PETER HDirector | Buy | 10,000 | $1.70 | $17.0K | Form 4 |
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.
- VANGUARD GROUP INCSC 13G/A, 1 filing Feb 10, 202249
- ARIEL INVESTMENTS, LLCSC 13G/A, 1 filing Nov 10, 202150
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.
| Year | Executive | Age | Salary | Total pay |
|---|---|---|---|---|
| 2026 | Robert P. Capps | 72 | $295.0K | $815.5K51 |
| 2026 | Mark A. Cox | 66 | $280.0K | $702.1K51 |
| 2025 | President and CEO | $285.0K | $678.3K51 | |
| 2025 | Vice President and CFO | $270.0K | $541.5K51 |
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 55. Change is in shares since the quarter before.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| Vanguard Capital Management LLC | 373,107 | $1.8M | 0.0% | +63,470 |
| Geode Capital Management, LLC | 100,923 | $476.6K | 0.0% | −813 |
| BlackRock, Inc. | 79,281 | $374.2K | 0.0% | +8,865 |
| Dimensional Fund Advisors LP | 61,307 | $289.4K | 0.0% | −2,233 |
| Stratos Wealth Partners, LTD. | 59,203 | $279.4K | 0.0% | −3,560 |
| Vanguard Fiduciary Trust Co | 58,930 | $278.1K | 0.0% | +9,782 |
| Commonwealth Equity Services, LLC | 53,014 | $250.2K | 0.0% | −1,820 |
| ARS Investment Partners, LLC | 50,348 | $237.6K | 0.0% | −27,934 |
| LPL Financial LLC | 49,093 | $231.7K | 0.0% | +843 |
| Kingsview Wealth Management, LLC | 39,574 | $186.8K | 0.0% | −471 |
| State Street Corp | 36,902 | $174.2K | 0.0% | No change |
| Jane Street Group, LLC | 30,900 | $145.8K | 0.0% | +16,430 |
| Cerity Partners LLC | 27,377 | $129.2K | 0.0% | +100 |
| UBS Group AG | 27,017 | $127.5K | 0.0% | −12,028 |
| Citadel Advisors LLC | 26,993 | $127.4K | 0.0% | +16,340 |
| Arax Advisory Partners | 23,060 | $108.8K | 0.0% | New |
| Focus Partners Wealth | 21,268 | $100.4K | 0.0% | New |
| Northern Trust Corp | 20,083 | $94.8K | 0.0% | +3,015 |
| Evergreen Capital Management LLC | 18,912 | $89.3K | 0.0% | No change |
| Brighton Jones LLC | 18,448 | $87.1K | 0.0% | No change |
| Cetera Investment Advisers | 16,053 | $75.8K | 0.0% | +5,632 |
| Susquehanna International Group, Llp | 12,355 | $58.3K | 0.0% | New |
| RBF Capital, LLC | 12,238 | $57.8K | 0.0% | No change |
| Arkadios Wealth Advisors | 12,171 | $57.4K | 0.0% | +441 |
| HUB Investment Partners, LLC | 10,000 | $47.2K | 0.0% | No change |
13F reports cover disclosed long positions in U.S. stocks only.
SEC filer profile
How MIND TECHNOLOGY, INC is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARMIND TECHNOLOGY, INC1
- CIK0000926423
- Employer ID (EIN)76-02108495
- Filer statusNon-accelerated filer not an emerging growth company; a smaller reporting company; not a shell company5
- Incorporated inDelaware5
- Fiscal year endsJanuary 311
- Industry code (SIC)3812 Search, Detection, Navigation, Guidance, Aeronautical Sys1
- SEC reviewing officeOffice of Manufacturing, Division of Corporation Finance1
- Business address2002 Timberloch Place, Suite 400, The Woodlands, TX 77380-11871
- Phone281-353-44751
- Shares outstanding9,089,055 as of Sep 8, 202613
- Public float$73.7M as of Jul 31, 20255
- AuditorBaker Tilly US, LLP, Houston, Texas PCAOB ID 23; no auditor attestation of internal control over financial reporting5
- On EDGAR sinceJun 13, 19961
- Filings1,016 in all: 4 (325), 8-K (232), 10-Q (84), SC 13G/A (67), DEF 14A (31), CORRESP (30), UPLOAD (26), 10-K (25)1
All 48 form types
SC 13G (24), DEFA14A (20), 3 (14), 4/A (12), EFFECT (10), S-1/A (9), 10QSB (8), S-3 (8), 10-K/A (7), S-8 (7), S-8 POS (7), 424B5 (5), ARS (5), PRE 14A (5), S-3/A (5), FWP (4), SD (4), 10-K405 (3), 10QSB/A (3), 424B3 (3), 8-K/A (3), DEFR14A (3), NT 10-K (3), S-1 (3), 10KSB (2), 424B1 (2), 424B4 (2), NT 10-Q (2), POS AM (2), 10-C (1), 25-NSE (1), 3/A (1), 424A (1), 424B2 (1), 8-A12B (1), 8-K12B (1), CERTNAS (1), S-1MEF (1), SC 13D (1), SC 13D/A (1)
- Latest filingsAnnual report (10-K) Apr 20, 2026
Quarterly report (10-Q) Sep 9, 2026
Proxy statement (DEF 14A) Jun 1, 2026
Latest 8-K (8-K) Sep 8, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Common Stock - $0.01 par value per share | MIND | NASDAQ |
From the cover page of the 10-K filed Apr 20, 2026 (Section 12(b) of the Exchange Act).5
Risk factors and legal proceedings
The risks MIND TECHNOLOGY, INC names in Item 1A of its 10-K filed Apr 20, 2026: 35 risks under these headings, as written.5
- Risks Related to the Operation of Our Business
- A limited number of customers account for a significant portion of our revenues and the loss of one of these customers could harm our results of operations.
- The financial soundness of our customers could materially affect our business and operating results.
- We derive the majority of our revenues from foreign operations and sales, which pose additional risks including economic, political and other uncertainties.
- Our global operations expose us to risks associated with conducting business internationally, including failure to comply with United States laws that apply to international operations.
- Due to the international scope of our business activities, our results of operations may be significantly affected by currency fluctuations.
- We are subject to risks associated with intellectual property.
- Products we develop, manufacture and sell may be subject to performance or reliability risks.
- We may not be successful in implementing and maintaining technology and product development and enhancements. New technology and product developments may cause us to become less competitive.
- We are subject to risks related to the availability and reliability of component parts used in the manufacture of our products.
- A global shortage of key components, such as semiconductors, and long lead-times can disrupt production.
- We cannot predict the consequences of future geopolitical events, but they may adversely affect the markets in which we operate, our operations, or our results of operations.
The other 24 risks
- Inflation and price volatility in the global economy could negatively impact our business and results of operations.
- The demand for our products could be impacted by oil and other hydrocarbon commodity prices.
- We may rely on contractors and subcontractors for certain projects, which could affect our results of operations and reputation.
- Increases in tariffs, trade restrictions, or taxes on our supplies and products could have an adverse impact on our business.
- We face significant inventory risk.
- Our quarterly operating results may be subject to significant fluctuations.
- We face significant competition for our products and services.
- Our revenues are subject to fluctuations that are beyond our control, which could materially adversely affect our results of operations in a given financial period.
- We may require capital to finance expansion. If we cannot access additional capital, we may not be able to grow our business.
- Our long-lived assets may be subject to impairment.
- Failure to comply with anti-bribery statutes, such as the U.S. Foreign Corrupt Practices Act (the “FCPA”) and the UK Bribery Act of 2010 (the “UK Bribery Act”), could result in fines, criminal penalties, and other sanctions, and may adversely affect our business and operations.
- We are subject to a variety of environmental and worker safety and health laws and regulations that could increase our costs of compliance and impose significant liabilities.
- Climate change laws and regulations restricting emissions of “greenhouse gases” could result in reduced demand for oil and natural gas, thereby adversely affecting our business, while the physical effects of climate change could disrupt our manufacturing of equipment and cause us to incur significant costs in preparing for or responding to those effects.
- Our business could be negatively affected by security threats, including cybersecurity threats, and other disruptions.
- Our business could be negatively affected by data protection and privacy laws that carry fines and may expose us to criminal sanctions and civil suits.
- We may seek to grow through acquisitions and our failure to properly plan and manage those acquisitions may adversely affect our performance.
- Risks Related to Human Capital Management
- We expect to develop and expand the size of our company, and we may encounter difficulties in managing this development and expansion, which could disrupt our operations.
- We depend on key management personnel and attracting and retaining other qualified personnel, and our business could be harmed if we lose key management personnel or cannot attract and retain other qualified personnel.
- Our employees may engage in misconduct or other improper activities, including violating applicable regulatory standards and requirements or engaging in insider trading, which could significantly harm our business.
- Risk Related to Our Common Stock
- Our stock prices are subject to volatility.
- Because we do not currently pay any dividends on our Common Stock, investors must look solely to stock appreciation for a return on their investment in us.
- We may issue securities with rights senior to that of our Common Stock in liquidation which could dilute or negatively affect the value of such securities.
- Provisions in our Amended and Restated Certificate of Incorporation and Delaware law could discourage a takeover attempt, which may reduce or eliminate the likelihood of a change of control transaction and, therefore, the ability of our stockholders to sell their shares for a premium.
- Failure to establish and maintain effective internal control over financial reporting could adversely affect our financial results.
Legal proceedings
From time to time, we are a party to legal proceedings arising in the ordinary course of business. We are not currently a party to any legal proceedings that we believe could have a material adverse effect on our results of operations or financial condition.
The opening of Item 3, Legal Proceedings.5
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 15SEC EDGARGuy Malden, Chief executive officer
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- 18SEC EDGARRobert P. Capps, President
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- 24SEC EDGARGuy Malden, VP- Marine Systems
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- 26SEC EDGARAlan Perry Baden, Board member
- 27SEC EDGARNancy Jean Harned, Board member
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- 29SEC EDGARMarcus C. Rowland, Board member
- 30SEC EDGARThomas S. Glanville, Board member
- 31SEC EDGARRobert John Albers, Board member
- 32SEC EDGARRobert P. Capps, Board member
- 33SEC EDGARR. Dean Lewis, Board member
- 34SEC EDGARJohn F. Schwalbe, Board member
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- 36SEC EDGARShareholder vote
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- 42SEC EDGARShareholder vote
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- 44SEC EDGARChange of auditor
- 45SEC EDGARDirector nominations
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- 47NasdaqNasdaq calendar
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