MIND Technology, Inc. (NASDAQ:MIND) Q1 2025 Earnings Conference Call June 11, 2024 9:00 AM ET Company Participants Ken Dennard - IR Rob Capps - President and CEO Mark Cox - VP and CFO Conference Call Participants Tyson Bauer - KC Capital Ross Taylor - ARS Investment Partners Operator Greetings, and welcome to the MIND Technology First Quarter Fiscal 2025 Earnings Call. At this time all participants are in a listen only mode. A brief question-and-answer session will follow the formal presentation. [Operator ...

Exhibit 99.1 NEWS RELEASE Contacts: Rob Capps, President & CEO MIND Technology, Inc. 281-353-4475 Ken Dennard / Zach Vaughan Dennard Lascar Investor Relations 713-529-6600 MIND@dennardlascar.com MIND TECHNOLOGY, INC. REPORTS FISCAL 2025 FIRST QUARTER RESULTS THE WOODLANDS, TX – June 10, 2024 – MIND Technology, Inc. (NASDAQ: MIND) ("MIND" or the "Company") today announced financial results for its fiscal 2025 first quarter ended April 30, 2024. Revenues from continuing operations for the first quarter of fis ...

CONFERENCE CALL ABOUT MIND TECHNOLOGY Forward-looking Statements Non-GAAP Financial Measures (in thousands, except per share data) | --- | --- | --- | --- | --- | |--------------------------------------------------------------------------------|-------|-------|-------|-------------------------------------------| | | | | | | | | | 2024 | | For the Three Months Ended April 30, 2023 | | Revenues: | | | | | | Sales of marine technology products Cost of sales: | $ | 9,678 | $ | 10,597 | | Sales of marine technol ...

MIND Technology, Inc. provides technology to the oceanographic, hydrographic, defense, seismic and security industries. Headquartered in The Woodlands, Texas, MIND has a global presence with key operating locations in the United States, Singapore, Malaysia, and the United Kingdom. Its Seamap unit designs, manufactures, and sells specialized, high performance, marine exploration and survey equipment. Contacts: Rob Capps, President & CEO MIND Technology, Inc. 281-353-4475 Ken Dennard / Zach Vaughan Dennard La ...

THE WOODLANDS, Texas, May 29, 2024 /PRNewswire/ -- As previously announced, MIND Technology, Inc. ("MIND" or the "Company") (Nasdaq: MIND; MINDP) will hold a virtual special meeting of holders of its 9% Series A Cumulative Preferred Stock (the "preferred stock") on June 13, 2024 to approve an amendment to the Certificate of Designations, Preferences and Rights of the Preferred Stock. If approved, the proposed amendment provides that each share of preferred stock may be converted into 3.9 shares of common st ...

THE WOODLANDS, Texas, May 8, 2024 /PRNewswire/ -- MIND Technology, Inc. ("MIND" or the "Company") (Nasdaq: MIND) (Nasdaq: MINDP) announced today that the previously announced virtual special meeting of holders of its 9% Series A Cumulative Preferred Stock (the "preferred stock") to approve an amendment to the Certificate of Designations, Preferences and Rights of the Preferred Stock has been rescheduled for June 13, 2024.  Additionally, the proposed amendment has been revised such that each share of preferr ...

Financial Risks and Compliance - The company is subject to impairment assessments for long-lived assets, which could negatively impact operations if future cash flows fall below net book value [104]. - Compliance with anti-bribery laws like the FCPA and UK Bribery Act is critical, as violations could lead to fines and adversely affect business operations [105]. - The company faces potential penalties from environmental regulations, which could increase operational costs and restrict business activities [107]. - Climate change regulations may reduce demand for oil and gas, impacting the company's financial condition and operations [109]. - Data protection laws in various jurisdictions may elevate compliance costs and expose the company to potential liabilities [116]. - The company is exposed to risks related to employee misconduct, which could significantly harm its business [131]. - The company is subject to risks associated with bank failures, although it does not expect material impact from recent bank failures on its cash and cash equivalents [127]. Operational Challenges and Strategic Initiatives - The company is focusing on strategic initiatives, including the introduction of Sea Serpent passive sonar arrays and Spectral Ai technology, to expand product offerings [123]. - The company plans to grow through acquisitions, but effective management of these acquisitions is essential to avoid adverse effects on performance [117]. - Increased cybersecurity risks have emerged due to remote work practices, necessitating enhanced information technology controls [114]. - The company anticipates that health epidemics could disrupt operations and adversely impact liquidity and financial condition [124]. - The company is committed to improving operational and management systems to support ongoing growth demands [118]. - The company faces challenges in attracting and retaining qualified personnel, which could adversely affect its operations [130]. - The company’s management may need to divert attention from day-to-day activities to manage expansion, potentially leading to operational mistakes [128]. Financial Performance and Shareholder Returns - As of January 31, 2024, the company had approximately 145 employees and plans to increase its workforce to support expansion efforts [128]. - The company has deferred payment of dividends on its Series A Preferred Stock for seven fiscal quarters, including Q4 of fiscal 2024 and Q1 of fiscal 2025 [136]. - As of January 31, 2024, there were 1,682,985 shares of Series A Preferred Stock outstanding, with a liquidation preference of $25.00 per share [137]. - The company has not paid cash dividends on its Common Stock since incorporation and does not anticipate doing so in the foreseeable future [135]. - The company’s stock prices have been volatile, which could impede its ability to attract and retain qualified personnel and obtain financing [133].

MIND Technology, Inc. (NASDAQ:MIND) Q4 2024 Earnings Conference Call April 30, 2024 9:00 AM ET Company Participants Zach Vaughan - IR Rob Capps - President and CEO Mark Cox - VP and CFO Conference Call Participants Tyson Bauer - KC Capital Sam Schwartz - Kaliber Management Operator Ladies and gentlemen, good morning, and welcome to the MIND Technology Fiscal 2024 Fourth Quarter Earnings Conference Call. At this time, all participants are in a listen-only mode. A brief question-and-answer session will follow ...

Exhibit 99.1 NEWS RELEASE Contacts: Rob Capps, President & CEO MIND Technology, Inc. 281-353-4475 Ken Dennard / Zach Vaughan 713-529-6600 MIND@dennardlascar.com MIND TECHNOLOGY, INC. REPORTS FISCAL 2024 FOURTH QUARTER AND YEAR-END RESULTS THE WOODLANDS, TX – April 29, 2024 – MIND Technology, Inc. (NASDAQ: MIND) ("MIND" or the "Company") today announced financial results for its fiscal 2024 fourth quarter and year ended January 31, 2024. Revenues from continuing operations for the fourth quarter of fiscal 20 ...

THE WOODLANDS, Texas, April 18, 2024 /PRNewswire/ -- MIND Technology, Inc. (NASDAQ: MIND) announced today that it will release financial results for its fiscal 2024 fourth quarter and full year ended January 31, 2024 after the market closes on Monday, April 29, 2024.  In conjunction with the release, the Company has scheduled a conference call, which will be broadcast live over the Internet, for Tuesday, April 30th at 9:00 a.m. Eastern Time / 8:00 a.m. Central Time. What: MIND Technology Fiscal 2024 Fou ...