Microcap Ledger

Tickers · $MIND

Mind Technology, Inc $MIND

By Microcap Ledger desk · CIK 0000926423

Facts as of . Built from SEC filings and our own data. Small caps move fast; check the latest filings.

Snapshot

Exchange
Nasdaq Capital Market
Sector
Search, Detection, Navigation, Guidance, Aeronautical Sys
Headquarters
The Woodlands, TX
Fiscal year end
January 31
Shares outstanding
9,089,055 [10-Q 2026-09-09]
as of 2026-09-08

Sources: [10-K 2026-04-20]

What the company doesAI summary of filing

MIND Technology, Inc. designs, manufactures, and sells specialized marine seismic equipment and related products for the oceanographic, hydrographic, seismic, and maritime security industries. The company operates through its Seamap business, which produces energy source controllers (GunLink), positioning systems (BuoyLink), and towed streamer products (SeaLink) used in marine seismic surveys for oil and gas exploration, alternative energy projects, and ocean bottom surveys. The company is revenue-generating, with fiscal 2026 revenues of approximately $40.9 million, and serves customers including marine survey companies, seismic contractors, governmental organizations, research institutes, and port facility operators across the United States, China, Norway, Turkey, and other regions. The company sources components globally and manufactures products at facilities in Singapore, Malaysia, Texas, and the United Kingdom. [10-K 2026-04-20]

Segments: GunLink seismic source acquisition and control systems, BuoyLink RGNSS positioning system, SeaLink towed streamer products, Sleeve Gun energy sources

Financial health

From XBRL company facts (USD)
PeriodRevenueNet incomeOperating cash flowCashFiling
6 months to Jul 2026$15.29M−$2.15M −$3.14M$15.76M[10-Q 2026-09-09]
FY ended Jan 2026$40.95M$750.0K $2.59M$19.05M[10-K 2026-04-20]
FY ended Jan 2025$46.86M$17.60M $651.0K$5.34M[10-K 2026-04-20]
Quarterly cash burn
−$1.57M
Cash runway Estimate
~30.1 months

Estimate: cash at the end of the period (6 months to Jul 2026) divided by the average monthly operating cash outflow over that period. Ignores any cash raised or spent since, and any financing.

Capital structure and dilution

Summary only. How these instruments work: Dilution & financing desk.

Share count
DateShares outstandingFiling
2024-12-107,969,421[10-Q 2024-12-12]
2025-04-237,969,421[10-K 2025-04-25]
2025-06-097,969,421[10-Q 2025-06-11]
2025-09-097,969,421[10-Q 2025-09-10]
2025-12-109,038,082[10-Q 2025-12-11]
2026-04-179,089,055[10-K 2026-04-20]
2026-06-109,089,055[10-Q 2026-06-11]
2026-09-089,089,055[10-Q 2026-09-09]
Shelf registration
S-3 filed 2025-04-25; declared effective 2025-05-01 [S-3 2025-04-25]

Listing status

Current status: No Form 8-K Item 3.01 (listing notice) filings in the last 24 months, as of 2026-10-11.

More on deficiency notices and uplistings: Listing status desk.

Catalysts and calendar

Facts as of . Small caps move fast; check the latest filings.