MIND: the balance sheet

MyFinsight

For the quarter ending 2025-10-31, MIND has $47,344K in assets. $7,401K in debts. $19,387K in cash and cash equivalents.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Balance Sheets	2025-10-31	2025-07-31
Cash and cash equivalents	19,387	7,832
Accounts receivable, net of allowance for credit losses of 332 at each of october 31, 2025 and january 31, 2025	10,607	10,926
Inventories, net	11,713	11,817
Prepaid expenses and other current assets	1,074	1,153
Total current assets	42,781	31,728
Property and equipment, gross	10,439	-
Accumulated depreciation and amortization	9,271	-
Property and equipment, net	1,168	1,158
Operating lease right-of-use assets	1,267	841
Intangible assets, net	1,888	2,017
Deferred tax asset	240	87
Total assets	47,344	35,831

Accounts payable	1,698	1,179
Deferred revenue	170	359
Customer deposits	390	973
Accrued expenses and other current liabilities	1,454	1,244
Income taxes payable	2,422	2,391
Operating lease liabilities - current	682	475
Total current liabilities	6,816	6,621
Operating lease liabilities - non-current	585	366
Total liabilities	7,401	6,987
Common stock, 0.01 par value 40,000 shares authorized 8,974 shares issued and outstanding at october 31, 2025 and 7,969 shares issued and outstanding at january 31, 2025	90	80
Additional paid-in capital	147,246	136,219
Accumulated deficit	-107,427	-107,489
Accumulated other comprehensive gain	34	34
Total stockholders equity	39,943	28,844
Total liabilities and stockholders equity	47,344	35,831