secwatch.observer — SEC 8-K summary
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Issuer:     MIND TECHNOLOGY, INC (MIND)
CIK:        0000926423
Form:       8-K
Filed at:   2025-06-10T23:59:59+00:00
Accession:  0001437749-25-019991
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MIND Technology reports Q1 FY2026 revenue $7.9M, net loss $970K
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- Revenue $7.9M, down 18% YoY from $9.7M and down 47% sequentially from $15.0M.
- Operating loss of $658K vs operating income of $2.8M in Q4 FY2025 and $730K a year ago.
- Net loss per share $0.12 vs net income of $0.25 in Q4 FY2025 and less than $0.01 in Q1 FY2025.
- Backlog increased to $21.1M at Apr 30, 2025 from $16.2M at Jan 31, 2025, but down from $31M year ago.
- Cash flow from operations $4.1M, cash balance $9.2M; CEO notes $5.5M orders delayed to Q2.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/926423/000143774925019991/0001437749-25-019991-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/926423/000143774925019991/mind20250206_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-019991

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