secwatch.observer — SEC 8-K summary
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Issuer:     MIND TECHNOLOGY, INC (MIND)
CIK:        0000926423
Form:       8-K
Filed at:   2026-06-10T20:29:24+00:00
Accession:  0001437749-26-020175
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MIND Technology reports Q1 FY2027 revenue $9.7M, net loss $0.05 per share, positive Adj. EBITDA $811K
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- Revenue $9.7M vs $7.9M a year ago; operating income $14K vs operating loss $658K a year ago.
- Net loss $411K ($0.05 per share) vs net loss $970K ($0.12 per share) in Q1 FY2026.
- Adjusted EBITDA positive at $811K vs negative $179K a year ago.
- Backlog dropped to $7.6M at Apr 30, 2026 from $13.9M at Jan 31, 2026 and $21.1M a year ago.
- After-market business contributed ~50% of revenue; management cites macro uncertainty but positive long-term outlook.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/926423/000143774926020175/0001437749-26-020175-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/926423/000143774926020175/mind20260419_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-020175

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