Mind Technology Inc. Q3 revenue falls to USD 9.7 million, down 20 percent

Reuters2025-12-12

<a href="https://laohu8.com/S/MINDP">Mind Technology Inc</a>. 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.

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Q3 revenue falls to USD 9.7 million, down 20 percent\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-12-12 05:16</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      <a href=\"https://laohu8.com/S/MINDP\">Mind Technology Inc</a>. Q3 revenue falls to USD 9.7 million, down 20 percent\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        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. 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