MIND Technology, Inc. has announced its financial results for the fiscal 2026 second quarter, which ended on July 31, 2025. The company's revenues for the quarter reached approximately $13.6 million, marking an increase from $7.9 million in the first quarter of fiscal 2026 and $10.0 million in the second quarter of fiscal 2025. The company reported an operating income of approximately $2.7 million for the second quarter, compared to an operating loss of $658,000 in the preceding quarter and an operating income of $1.4 million in the same quarter the previous year. Net income for the second quarter was $1.9 million, a significant improvement from a net loss of $970,000 in the first quarter of fiscal 2026 and an increase from a net income of $798,000 in the second quarter of fiscal 2025. The net income attributable to common stockholders was also $1.9 million, or $0.24 per share, contrasting with a net loss of $970,000, or a loss of $0.12 per share, in the first quarter of fiscal 2026. Rob Capps, MIND's President and CEO, noted that the company resumed its positive Adjusted EBITDA and profitability after overcoming delivery delays in the first quarter. Adjusted EBITDA for the second quarter was approximately $3.1 million, a recovery from a negative Adjusted EBITDA of $179,000 in the first quarter and an increase from $1.8 million in the previous year's second quarter. MIND Technology's backlog of Marine Technology Products in the Seamap segment was reported at approximately $12.8 million as of July 31, 2025, compared to $21.1 million at the end of April 2025 and $26.2 million at the end of July 2024. Despite this decline, the company remains optimistic, citing a strong pipeline of prospects and anticipating the receipt of specific orders to restore the backlog to previous levels.