For the quarter ending 2025-10-31, MIND made $9,688,000 in revenue. $62,000 in net income. Net profit margin of 0.64%.
| Income Statement | 2025-10-31 | 2025-07-31 | 2025-04-30 | 2025-01-31 |
|---|---|---|---|---|
| Sales of marine technology products | 9,688,000 | 13,561,000 | 7,902,000 | 12,361,000 |
| Total cost of sales | - | - | 4,571,000 | 6,977,000 |
| Total cost of sales-Marine Technology Products | 5,175,000 | 6,732,000 | - | - |
| Gross profit | 4,513,000 | 6,829,000 | 3,331,000 | 5,384,000 |
| Selling, general and administrative | 3,021,000 | 3,637,000 | 3,384,000 | 2,872,500 |
| Research and development | 506,000 | 311,000 | 380,000 | 512,000 |
| Depreciation and amortization | 212,000 | 217,000 | 225,000 | 243,500 |
| Total operating expenses | 3,739,000 | 4,165,000 | 3,989,000 | 3,628,000 |
| Operating income | 774,000 | 2,664,000 | -658,000 | 1,756,000 |
| Other, net | 4,000 | -65,000 | -18,000 | 194,500 |
| Total other income (expense) | 4,000 | -65,000 | -18,000 | - |
| Income before income taxes | 778,000 | 2,599,000 | -676,000 | 1,950,500 |
| Provision for income taxes | 716,000 | 670,000 | 294,000 | 458,000 |
| Income (loss) from continuing operations | - | - | - | 1,492,500 |
| Net income | 62,000 | 1,929,000 | -970,000 | 1,492,500 |
| Preferred stock dividends - undeclared | 0 | 0 | - | 470,500 |
| Effect of preferred stock conversion | 0 | - | - | 0 |
| Net income attributable to common stockholders | 62,000 | 1,929,000 | -970,000 | 1,022,000 |
| Diluted average shares | - | - | - | 1,019.5 |
| Basic and diluted (in shares) | 8,046,000 | 7,969,000 | 7,969,000 | -3,437,461 |
| Net income per common share - basic and diluted (in dollars per share) | 0.01 | 0.24 | -0.12 | 0.78 |
MIND TECHNOLOGY, INC (MIND)
MIND TECHNOLOGY, INC (MIND)