Mind Technology Inc. Q3 revenue falls to USD 9.7 million, down 20 percent
Mind Technology Inc. reported revenues of USD 9.7 million for the third quarter (Q3) ended October 31, 2025. For the nine months (9M) ended October 31, 2025, revenues were USD 31.2 million. The company indicated that general inflation, supply chain issues, and increased energy costs have led to higher component prices, but these factors have not materially impacted revenues or results of operations over the past two fiscal years. Mind Technology Inc. reported net cash provided by financing activities of approximately USD 10.8 million for the nine-month period, primarily related to sales of common stock. The company stated it had foreign bank deposits of approximately USD 4.9 million as of October 31, 2025. No material changes were noted in critical accounting estimates during the reporting period.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mind Technology Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001437749-25-037555), on December 11, 2025, and is solely responsible for the information contained therein.
免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。