secwatch.observer — SEC 8-K summary
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Issuer:     MIND TECHNOLOGY, INC (MIND)
CIK:        0000926423
Form:       8-K
Filed at:   2026-09-08T20:30:58+00:00
Accession:  0001437749-26-029839
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MIND Technology Q2 FY27 revenue falls 59% to $5.6M; net loss $1.7M
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- Revenue $5.6M, down 59% YoY from $13.6M; operating loss $1.8M vs income $2.7M.
- Net loss $1.7M ($0.19 loss/share) vs net income $1.9M ($0.24/share) in Q2 FY26.
- Adjusted EBITDA -$949K vs +$3.1M in prior-year quarter; shares outstanding 9.089M.
- Seamap backlog $4.8M at July 31, 2026, down from $7.6M at April 30 and $12.8M year ago.
- Debt-free with $15.8M cash; after-market business contributed ~87% of revenue.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/926423/000143774926029839/0001437749-26-029839-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/926423/000143774926029839/mind20260619_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-029839

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