MIND Technology Files 8-K on Financials

TL;DR

MIND Tech dropped an 8-K on April 29th detailing their financial condition and operations.

AI Summary

MIND Technology, Inc. filed an 8-K on April 29, 2024, reporting on its results of operations and financial condition. The filing also includes Regulation FD disclosures and financial statements and exhibits. The company, formerly known as Mitcham Industries Inc., is incorporated in Delaware and its fiscal year ends on January 31.

Why It Matters

This 8-K filing provides crucial updates on MIND Technology's financial performance and operational status, which is essential for investors to assess the company's health and future prospects.

Risk Assessment

Risk Level: low — This filing is a routine disclosure of financial information and does not indicate any immediate or significant risks.

Key Players & Entities

• MIND Technology, Inc. (company) — Registrant
• Mitcham Industries Inc. (company) — Former company name
• April 29, 2024 (date) — Date of earliest event reported
• Delaware (jurisdiction) — State of incorporation
• 001-13490 (identifier) — SEC File Number

FAQ

Key Financial Figures

• $0.01 — nge on which registered Common Stock - $0.01 par value per share MIND The NASDAQ
• $1.00 — Market LLC Series A Preferred Stock - $1.00 par value per share MINDP The NASDA

Filing Documents

• mind20231130_8k.htm (8-K) — 34KB
• ex_601644.htm (EX-99.1) — 238KB
• logo.jpg (GRAPHIC) — 10KB
• 0001437749-24-013752.txt ( ) — 456KB
• mind-20240429.xsd (EX-101.SCH) — 4KB
• mind-20240429_def.xml (EX-101.DEF) — 13KB
• mind-20240429_lab.xml (EX-101.LAB) — 18KB
• mind-20240429_pre.xml (EX-101.PRE) — 13KB
• mind20231130_8k_htm.xml (XML) — 5KB

02 Results of Operation and Financial Condition

Item 2.02 Results of Operation and Financial Condition. On April 29, 2024, MIND Technology, Inc. (the "Company") issued a press release announcing its financial results for the fiscal quarter and year ended January 31, 2024. The date and time for a conference call discussing the earnings are also included in the press release. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and incorporated by reference into this Item 2.02. The Company's press release contains non-GAAP financial measures. Generally, a non-GAAP financial measure is a numerical measure of a company's performance, financial position, or cash flows that either excludes or includes amounts that are not normally excluded or included in the most directly comparable measure calculated and presented in accordance with United States generally accepted accounting principles, or GAAP. Pursuant to the requirements of Regulation G, the Company has provided within the press release quantitative reconciliations of certain non-GAAP financial measures to the most directly comparable GAAP financial measures. The information in this Item 2.02 (including the press release attached as Exhibit 99.1 and incorporated by reference into Item 2.02) is being furnished, not filed, for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), is not subject to the liabilities of that section, and will not be incorporated by reference into any filing under the Exchange Act or the Securities Act of 1933, as amended (the "Securities Act"), unless specifically identified therein as being incorporated therein by reference.

01 Regulation FD Disclosure

Item 7.01 Regulation FD Disclosure. On April 29, 2024, the Company issued a press release announcing its financial results for the fiscal quarter and year ended January 31, 2024. A copy of the press release is furnished as Exhibit 99.1 to this report and incorporated by reference into Item 7.01. The information set forth under Item 2.02 above regarding the press release is incorporated herein by reference. The information in this Item 7.01 (including the press release attached as Exhibit 99.1 and incorporated by reference into Item 7.01) is being furnished, not filed, for purposes of Section 18 of the Exchange Act, is not subject to the liabilities of that section, and will not be incorporated by reference into any filing under the Exchange Act or the Securities Act unless specifically identified therein as being incorporated therein by reference. Cautionary Note Regarding Forward-Looking Statements Certain of the statements contained in this report should be considered forward-looking statements. These forward-looking statements may be identified by words such as "may," "will," "expect," "intend," "anticipate," "believe," "estimate," "plan," "project," "could," "should," "would," "continue," "seek," "target," "guidance," "outlook," "if current trends continue," "optimistic," "forecast" and other similar words. Such statements include, but are not limited to, statements about the Company's plans, objectives, expectations, intentions, estimates and strategies for the future, and other statements that are not historical facts. These forward-looking statements are based on the Company's current objectives, beliefs and expectations, and they are subject to significant risks and uncertainties that may cause actual results and financial position and timing of certain events to differ materially from the information in the forward-looking statements. These risks and uncertainties include, but are not limited to, those set forth in the Company's Annual Report on Form

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. Exhibit Number Description (d) Exhibits. 99.1 MIND Technology, Inc. press release dated April 29, 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. MIND Technology, Inc. April 29, 2024 By: /s/ Robert P. Capps Name: Robert P. Capps Title: President and Chief Executive Officer

View Full Filing

View this 8-K filing on SEC EDGAR