MIND TECHNOLOGY, INC — fact timeline

MIND TECHNOLOGY, INC reported fiscal 2027 first quarter ended April 30, 2026 results: revenue $9.7 million, net income $411,000, EPS $0.05 per share.

“or the “Company”) today announced financial results for its fiscal 2027 first quarter ended April 30, 2026. Revenues for the first quarter of fiscal 2027 were approximately $9.7 million compared to $9.8 million for the fourth quarter of fiscal 2026 and $7.9 million for the first quarter of fiscal 2026. The Company reported operating income of $14,000 for the”

MIND TECHNOLOGY, INC reported financial results for full year of fiscal 2026.

“For the full year of fiscal 2026 the Company reported operating income of approximately $2.9 million compared to $6.8 million in fiscal 2025.”

MIND TECHNOLOGY, INC reported fourth quarter of fiscal 2026 results: revenue approximately $9.8 million, net income approximately $271,000, or a loss of $0.03 per share, EPS $0.03 per share.

“Revenues for the fourth quarter of fiscal 2026 were approximately $9.8 million compared to $9.7 million for the third quarter of fiscal 2026 and $15.0 million for the fourth quarter of fiscal 2025.”

MIND TECHNOLOGY, INC reported financial results for fiscal 2026 fourth quarter and year ended January 31, 2026.

“On April 15, 2026, MIND Technology, Inc. (the "Company") issued a press release announcing its financial results for the fiscal quarter and year ended January 31, 2026.”

MIND TECHNOLOGY, INC engaged Baker Tilly US, LLP as its auditor.

“the Audit Committee of the Company’s Board of Directors approved the engagement of Baker Tilly, as the successor to Moss Adams, as the Company’s independent registered public accounting firm.”

Moss Adams LLP resigned as auditor of MIND TECHNOLOGY, INC.

“Moss Adams resigned as the Company’s auditor and the Audit Committee of the Company’s Board of Directors approved the engagement of Baker Tilly, as the successor to Moss Adams, as the Company’s independent registered public accounting firm.”

MIND TECHNOLOGY, INC reported fiscal 2024 fourth quarter and year ended January 31, 2024 results: revenue approximately $13.4 million, net income approximately $1.4 million, EPS $0.35 per share.

“results for its fiscal 2024 fourth quarter and year ended January 31, 2024 . Revenues from continuing operations for the fourth quarter of fiscal 2024 were approximately $13.4 million compared to $5.0 million in the third quarter of fiscal 2024 and $8.9 million in the fourth quarter of fiscal 2023. The Company reported operating income from continuing”

MIND TECHNOLOGY, INC reported the fiscal quarter ended October 31, 2023 results: revenue $5.0 million, net income approximately $568,000.

“$2.4 million from the sale of the Company's Klein Marine Systems segment. Revenues from continuing Marine Technology Products sales for the third quarter of fiscal 2024 were $5.0 million compared to $3.0 million in the third quarter of fiscal 2023. The Company reported an operating loss from continuing operations of $1.5 million for the third quarter of fiscal”

Nancy J. Harned resigned as director at MIND TECHNOLOGY, INC.

“Effective October 31, 2023, Nancy J. Harned resigned as a member of the Board of Directors (the “Board”) of MIND Technology, Inc., a Delaware corporation (the “Company”) and the committees of the Board on which she served.”

MIND TECHNOLOGY, INC: Certificate of Amendment to Charter approved to effect a one-for-ten reverse stock split (effective 2023-10-13).

“On October 12, 2023, the Company filed with the Secretary of State of the State of Delaware a Certificate of Amendment to its Charter (the “Charter Amendment”) to effect the Reverse Stock Split.”

MIND TECHNOLOGY, INC: Fourth Certificate of Amendment to Preferred Stock Certificate to adjust share and exchange caps proportionally to the reverse stock split (effective 2023-10-12).

“in connection with the Reverse Stock Split, on October 12, 2023, the Company filed with the Secretary of State of the State of Delaware a Fourth Certificate of Amendment (the "Fourth Amendment") of Certificate of Designations, Preferences and Rights of 9.00% Series A Cumulative Preferred Stock (the "Preferred Stock Certificate") to increase the Share Cap, as defined in the Preferred Stock Certificate, and decrease the Exchange Cap, as defined in the Certificate of Designations, on a pro rata basis in proportion with the one-for-ten ratio of the Reverse Stock Split.”

MIND TECHNOLOGY, INC: Certificate of Amendment to Charter filed to effect a 1-for-10 reverse stock split (effective 2023-10-13).

“On October 12, 2023, the Company filed with the Secretary of State of the State of Delaware a Certificate of Amendment to its Charter (the "Charter Amendment") to effect the Reverse Stock Split. The Charter Amendment will become effective at 5:00 p.m. Eastern Time on October 13, 2023.”

MIND TECHNOLOGY, INC reported its fiscal 2024 second quarter ended July 31, 2023 results: revenue $8.8 million, net income $1.5 million, EPS $0.18 per share.

“MIND Technology, Inc. (NASDAQ: MIND) (“MIND” or the “Company”) today announced financial results for its fiscal 2024 second quarter ended July 31, 2023. Revenues from Marine Technology Products sales for the second quarter of fiscal 2024 were $8.8 million compared to $8.7 million in the second quarter of fiscal 2023. The Company reported operating loss of $1.5 million for the second quarter of fiscal 2024 compared to a loss of approximately $1.6 million in the second quarter of fiscal 2023. The net loss from continuing operations for the second quarter of fiscal 2024 was $1.5 million compared to a net loss from continuing operations of approximately $1.8 million in the second quarter of fiscal 2023. Second quarter of fiscal 2024 net loss attributable to common shareholders was $0.18 per share compared to $0.20 in the second quarter of fiscal 2023.”

MIND TECHNOLOGY, INC shareholders approved The approval of an amendment to the Company's amended and restated certificate of incorporation to effect a reverse stock split. at the 2023-08-30 meeting.

“The approval of an amendment to the Company's amended and restated certificate of incorporation to effect the Reverse Stock Split: Voted For Voted Against Abstentions Broker Non-Votes 7,174,015 1,430,745 14,272 —”

MIND TECHNOLOGY, INC shareholders approved The ratification of the selection of Moss Adams LLP as the Company's independent registered public accounting firm for the fiscal year ending January 31, 2023. at the 2023-08-30 meeting.

“The ratification of the selection of Moss Adams LLP as the Company's independent registered public accounting firm for the fiscal year ending January 31, 2023: Voted For Voted Against Abstentions Broker Non-Votes 8,436,028 116,300 66,704 —”

MIND TECHNOLOGY, INC shareholders approved The approval, on an advisory basis, of Named Executive Officer compensation. at the 2023-08-30 meeting.

“The approval, on an advisory basis, of Named Executive Officer compensation: Voted For Voted Against Abstentions Broker Non-Votes 4,144,133 125,806 105,351 4,243,742”

MIND TECHNOLOGY, INC shareholders approved Election of six individuals to serve on the Board of Directors until the next annual meeting of stockholders, to hold office until their respective successors are duly elected and qualified. at the 2023-08-30 meeting.

“All nominees were re-elected as directors by the votes indicated: Nominee Voted For Votes Withheld Broker Non-Votes Peter H. Blum 3,898,102 477.188 4,243,742 Robert P. Capps 3,981,917 393,373 4,243,742 William H. Hilarides 3,941,823 433,467 4,243,742 Thomas S. Glanville 3,928,815 446,475 4,243,742 Nancy J. Harned 4,277,271 98,019 4,243,742 Alan P. Baden 4,277,642 97,648 4,243,742”

MIND TECHNOLOGY, INC completed a disposition involving General Oceans AS for $11.5 million (closed 2023-08-21).

“The aggregate consideration to the Company consisted of a cash payment of $11.5 million upon closing of the transaction on August 21, 2023.”

MIND TECHNOLOGY, INC terminated Loan and Security Agreement with Sachem Capital Corp (effective 2023-08-22).

“On August 22, 2023, following the closing of the Sale of Klein, all outstanding amounts due and owed, including principal, interest, and other charges, under the Loan were repaid in full and the Loan was terminated.”

MIND TECHNOLOGY, INC entered into a collaboration with General Oceans AS (effective 2023-08-21).

“The Company and General Oceans also entered into a collaboration agreement on August 21, 2023 for the further development of Spectral Ai and potentially other software projects.”

MIND TECHNOLOGY, INC entered into a license with General Oceans AS (effective 2023-08-21).

“In connection with the SPA, MIND and General Oceans also entered into two software license agreements on August 21, 2023.”

MIND TECHNOLOGY, INC entered into Stock Purchase Agreement with General Oceans AS valued at $11.5 million (effective 2023-08-21).

“On August 21, 2023, MIND Technology, Inc. (the “Company” or "MIND") entered into a Stock Purchase Agreement (the “SPA”) with General Oceans AS (“General Oceans”), providing for the sale of the Company’s wholly owned subsidiary, Klein Marine Systems, Inc. (“Klein”).”

MIND TECHNOLOGY, INC received a nasdaq compliance regained notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A), 5810(c)(3)(A)(ii), 5800).

“and registration on Nasdaq. The Company intends to appeal such determination by submitting a hearing request to a Hearings Panel (the “Panel”), prior to the deadline at 4:00 p.m. Eastern Time on August 1, 2023 noted in the Delisting Letter, pursuant to the procedures set forth in the Nasdaq Listing Rule 5800 Series. Such hearing request will stay the suspension of the Company’s securities and the filing of the Form 25-NSE pending the Panel’s decision. At the hearing, the Company plans to note that at its annual meeting of stockholders, to be held on August 30, 2023 (the “2023 Annual Meeting”)”

MIND TECHNOLOGY, INC reported fiscal 2024 first quarter ended April 30, 2023 results: revenue $12.6 million, net income net loss of $240,000, EPS $0.09 per share.

“MIND Technology, Inc. (NASDAQ: MIND) (“MIND” or the “Company”) today announced financial results for its fiscal 2024 first quarter ended April 30, 2023. Revenues from Marine Technology Products sales for the first quarter of fiscal 2024 were $12.6 million”

MIND TECHNOLOGY, INC entered into Loan and Security Agreement with Sachem Capital Corp. valued at $3.75 million (effective 2023-02-02).

“On February 2, 2023, MIND Technology, Inc. and its wholly owned subsidiary, Klein Marine Systems Inc., (collectively, the “Borrowers”), entered into a $3.75 million Loan and Security Agreement (the “Loan”) with Sachem Capital Corp., (the “Lender”).”

MIND TECHNOLOGY, INC received a nasdaq extension granted notice regarding minimum bid price (rules 5810(c)(3)(H)).

“at $1.00 or more for a minimum of 10 consecutive business days, the Staff will provide written notification to the Company that it has regained compliance with the Bid Price Requirement, unless the Staff exercises its discretion to extend this 10 business day period pursuant to Nasdaq Listing Rule 5810(c)(3)(H). If the Company does not regain compliance with the Bid Price Requirement by the applicable date, the Staff will provide written notification that the Company’s common stock will be delisted. At that time, the Company may appeal the Staff’s determination to a Nasdaq Listing Qualificati”

MIND TECHNOLOGY, INC reported the fiscal 2023 third quarter ended October 31, 2022 results: revenue $4.9 million, net income approximately $3.3 million, EPS $0.31 per share.

“announced financial results for its fiscal 2023 third quarter ended October 31, 2022. Revenues from Marine Technology Products sales for the third quarter of fiscal 2023 were $4.9 million, compared to $8.3 million in the third quarter of fiscal 2022. The Company reported a net loss from continuing operations for the third quarter of fiscal 2023 of approximately”

Alan P. Baden was appointed as Director at MIND TECHNOLOGY, INC.

“Nancy J. Harned and Alan P. Baden were appointed to fill the vacancies on the Board.”

Nancy J. Harned was appointed as Director at MIND TECHNOLOGY, INC.

“Nancy J. Harned and Alan P. Baden were appointed to fill the vacancies on the Board.”

Dennis P. Morris resigned as Vice President and Chief Operating Officer at MIND TECHNOLOGY, INC.

“Effective April 15, 2022 (the “Effective Date”), MIND Technology, Inc., a Delaware corporation (the “Company”) announced the resignation by mutual agreement of its Vice President and Chief Operating Officer, Dennis P. Morris.”

Marcus Rowland resigned as Director at MIND TECHNOLOGY, INC.

“Effective January 24, 2022, Marcus Rowland resigned as a member of the Board of Directors (the “Board”) of MIND Technology, Inc., a Delaware corporation (the “Company”) and the committees of the Board on which he served.”

Mark A. Cox was appointed as Chief Financial Officer at MIND TECHNOLOGY, INC.

“In addition, on August 5, 2021, the Board appointed Mark A. Cox as Chief Financial Officer of the Company effective immediately.”

Robert P. Capps was appointed as Chief Executive Officer and President at MIND TECHNOLOGY, INC.

“On August 5, 2021, in connection with Mr. Malden's retirement, the Company's Board of Directors (the "Board") appointed Robert P. Capps as sole Chief Executive Officer and President of the Company effective immediately.”

Guy M. Malden departed as Co-CEO and Executive Vice President of Marine Operations at MIND TECHNOLOGY, INC.

“On August 5, 2021, Guy M. Malden, the Company’s Co-CEO and Executive Vice President of Marine Operations, informed the Company of his intention to retire effective December 31, 2021.”