MIND Technology Balance Sheet

Financials in millions USD. Fiscal year is February - January.

Millions USD. Fiscal year is Feb - Jan.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '25 Oct 31, 2025	Jan '25 Jan 31, 2025	Jan '24 Jan 31, 2024	Jan '23 Jan 31, 2023	Jan '22 Jan 31, 2022	Jan '21 Jan 31, 2021
Cash & Equivalents	19.39	5.34	5.29	0.78	5.11	4.61
Cash & Short-Term Investments	19.39	5.34	5.29	0.78	5.11	4.61
Cash Growth	453.12%	0.89%	579.82%	-84.79%	10.91%	49.22%
Receivables	10.61	11.82	6.57	3.25	8.13	4.75
Inventory	11.71	13.75	13.37	11.03	14.01	11.45
Prepaid Expenses	1.07	1.22	3.11	1.4	1.84	1.66
Other Current Assets	-	-	-	5.78	0.16	4.32
Total Current Assets	42.78	32.12	28.34	22.23	29.25	26.79
Property, Plant & Equipment	2.44	2.21	2.14	2.7	6.11	6.22
Other Intangible Assets	1.89	2.31	2.89	3.63	6.02	6.75
Long-Term Accounts Receivable	-	-	-	-	0.65	-
Long-Term Deferred Tax Assets	0.24	0.09	0.12	-	-	-
Other Long-Term Assets	-	-	-	4.29	-	-
Total Assets	47.34	36.72	33.49	32.86	42.02	39.76
Accounts Payable	1.7	2.56	1.62	2.49	2.05	1.7
Accrued Expenses	1.45	0.65	1.87	0.62	0.56	0.58
Current Portion of Leases	0.68	0.58	0.75	0.9	0.87	1.01
Current Income Taxes Payable	2.42	2.47	2.11	1.49	0.84	0.56
Current Unearned Revenue	0.17	0.19	0.2	0.14	0.23	0.21
Other Current Liabilities	0.39	2.2	3.71	3.28	6.16	3.78
Total Current Liabilities	6.82	8.65	10.28	8.93	10.7	7.84
Long-Term Debt	-	-	-	-	-	0.85
Long-Term Leases	0.59	0.74	0.57	0.85	0.97	0.46
Long-Term Deferred Tax Liabilities	-	-	-	0.03	0.09	0.2
Total Liabilities	7.4	9.39	10.85	9.81	11.76	9.35
Common Stock	0.09	0.08	0.01	0.02	0.16	0.16
Additional Paid-In Capital	147.25	135.67	113.12	129.72	128.93	128.24
Retained Earnings	-107.43	-108.45	-128.31	-127.64	-117.86	-99.87
Treasury Stock	-	-	-	-16.86	-16.86	-16.86
Comprehensive Income & Other	0.03	0.03	0.03	0.03	-1.88	-4.36
Total Common Equity	39.94	27.33	-15.14	-14.73	-7.52	7.31
Shareholders' Equity	39.94	27.33	22.64	23.05	30.26	30.42
Total Liabilities & Equity	47.34	36.72	33.49	32.86	42.02	39.76
Total Debt	1.27	1.32	1.32	1.75	1.84	2.32
Net Cash (Debt)	18.12	4.02	3.97	-0.97	3.28	2.29
Net Cash Growth	815.61%	1.29%	-	-	43.19%	189.87%
Net Cash Per Share	2.27	0.98	2.82	-0.69	2.38	1.83
Filing Date Shares Outstanding	9.04	7.97	1.41	1.38	1.38	1.38
Total Common Shares Outstanding	8.97	7.97	1.41	1.38	1.38	1.38
Working Capital	35.97	23.47	18.06	13.3	18.55	18.96
Book Value Per Share	4.45	3.43	-10.77	-10.69	-5.46	5.32
Tangible Book Value	38.06	25.02	-18.03	-18.36	-13.53	0.56
Tangible Book Value Per Share	4.24	3.14	-12.82	-13.32	-9.83	0.41
Land	1.01	1	1	1	4.56	4.35
Machinery	9.43	9.47	9.16	9.08	14.24	16.21
Order Backlog	-	16.9	38.4	15.7	13.1	14.2

Updated Oct 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q