Mind Technology, Inc balance sheet

At the end of fiscal 2026, Mind Technology, Inc had total assets of $49.3m, total liabilities of $7.8m and shareholders' equity of $41.4m.

Balance sheet

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Mind Technology, Inc: balance sheet, annual
Fiscal year	2010Jan 2010	2011Jan 2011	2012Jan 2012	2013Jan 2013	2014Jan 2014	2015Jan 2015	2016Jan 2016	2017Jan 2017	2018Jan 2018	2019Jan 2019	2020Jan 2020	2021Jan 2021	2022Jan 2022	2023Jan 2023	2024Jan 2024	2025Jan 2025	2026Jan 2026	LTMJul 2026
Cash and equivalents	6	15	15	15	15	5	4	3	10	9	3	5	5	1	5	5	19	16
Receivables	—	18	36	23	30	24	—	—	—	—	7	5	8	3	7	12	13	15
Inventory	—	5	7	6	8	11	13	12	11	11	13	11	14	11	13	14	11	11
Total current assets	—	45	65	58	62	54	43	35	33	36	39	27	29	22	28	32	45	43
Goodwill	—	4	4	4	4	6	4	4	3	3	3	0	0	—	—	—	—	—
Total assets	—	138	198	190	205	180	135	95	74	65	58	40	42	33	33	37	49	47
Accounts payable	—	5	13	7	11	2	4	2	1	2	2	2	2	2	2	3	1	1
Deferred revenue (current)	—	1	1	1	0	1	0	1	1	1	1	0	0	0	0	0	0	0
Total current liabilities	—	16	24	9	12	10	12	13	8	7	8	8	11	9	10	9	7	6
Short-term debt	—	3	1	0	0	3	3	6	0	—	—	—	—	—	—	—	—	—
Long-term debt	—	23	13	4	22	23	17	0	0	—	—	—	—	—	—	—	—	—
Total debt	0	27	14	4	22	26	20	6	0	—	—	—	—	—	—	—	—	0
Total liabilities	—	43	43	14	35	33	30	14	8	9	11	9	12	10	11	9	8	6
Shareholders' equity	85	95	155	176	170	146	105	81	66	57	48	30	30	23	23	27	41	40
Shares outstanding	—	—	—	—	—	—	—	—	—	—	—	—	—	—	8m	8m	9m	9m

US$ millions unless shown otherwise. Fiscal quarters.

Mind Technology, Inc: balance sheet, quarterly
Quarter	2025 Q3Oct 2024	2025 Q4Jan 2025	2026 Q1Apr 2025	2026 Q2Jul 2025	2026 Q3Oct 2025	2026 Q4Jan 2026	2027 Q1Apr 2026	2027 Q2Jul 2026
Receivables	9	12	8	11	11	13	17	15
Inventory	17	14	13	12	12	11	11	11
Total current assets	31	32	32	32	43	45	47	43
Total assets	36	37	36	36	47	49	51	47
Accounts payable	2	3	2	1	2	1	1	1
Deferred revenue (current)	0	0	1	0	0	0	1	0
Total current liabilities	10	9	9	7	7	7	9	6
Total liabilities	11	9	10	7	7	8	9	6
Shareholders' equity	25	27	27	29	40	41	42	40
Shares outstanding	8m	8m	8m	8m	9m	9m	9m	9m

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

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Figures from Mind Technology, Inc's SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Mind Technology, Inc.