secwatch.observer — SEC 8-K summary
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Issuer:     MIND TECHNOLOGY, INC (MIND)
CIK:        0000926423
Form:       8-K
Filed at:   2022-12-13T23:59:59+00:00
Accession:  0001437749-22-028980
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MIND Technology reports Q3 revenue down 41% to $4.9M, net loss $0.31/share
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- Revenue from Marine Technology Products $4.9M, down from $8.3M YoY.
- Net loss from continuing ops $3.3M ($0.31 per share) vs $2.1M loss ($0.20) YoY.
- Adjusted EBITDA loss widened to $2.7M from $1.3M loss in prior year.
- Backlog grew to $19.9M, up from $10.0M a year ago and $19.3M sequentially.
- Management guides Q4 revenue $12-14M, expects return to profitability.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/926423/000143774922028980/0001437749-22-028980-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/926423/000143774922028980/mind20220919_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-028980

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer