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The concept of "systemic indifference" is particularly concerning in the realm of online platforms and social media, where algorithms play a crucial role in shaping the content users see and engage with. Algorithms that prioritize engagement metrics and click-through rates may inadvertently promote divisive or sensationalist content that attracts attention but does little to foster meaningful discourse or facilitate constructive dialogue.

THE WOODLANDS, Texas , Dec. 10, 2024 /PRNewswire/ -- MIND Technology, Inc. MIND ("MIND" or the "Company") today announced financial results for its fiscal 2025 third quarter ended October 31, 2024 . Revenues from continuing operations for the third quarter of fiscal 2025 were approximately $12.1 million compared to approximately $5.0 million in the third quarter of fiscal 2024. The Company reported operating income from continuing operations of approximately $1.9 million for the third quarter of fiscal 2025 compared to an operating loss of $1.5 million for the third quarter of fiscal 2024. Net income for the third quarter of fiscal 2025 amounted to $1.3 million compared to $568,000 in the third quarter of fiscal 2024. Third quarter of fiscal 2025 net income attributable to common shareholders (after the effect of the conversion of preferred stock into common stock) was $15.7 million , or $2.87 per share compared to a loss of $379,000 , or a loss of $0.27 per share in the third quarter last year. Adjusted EBITDA from continuing operations for the third quarter of fiscal 2025 was approximately $2.0 million compared to a loss of $1.1 million in the third quarter of fiscal 2024. Adjusted EBITDA from continuing operations, which is a non-GAAP measure, is defined and reconciled to reported net income (loss) and cash provided by (used in) operating activities in the accompanying financial tables. These are the most directly comparable financial measures calculated and presented in accordance with United States generally accepted accounting principles, or GAAP . The backlog of Marine Technology Products related to our Seamap segment as of October 31, 2024 was approximately $26.2 million which was flat sequentially compared to backlog as of July 31, 2024 . Rob Capps , MIND's President and Chief Executive Officer, stated, "We are very pleased to report that third quarter revenue grew 21% sequentially and 143% over last year's third quarter. We continue to capitalize on macro tailwinds and customer engagement to stimulate order flow and generate improved results. We are also continually working to improve our execution, efficiency and cost structure, which we expect to contribute to sustained profitability in future quarters. As in the second quarter, we generated positive cash flow from operations in this quarter, increasing our cash balance to $3.5 million as of October 31, 2024 . "We have begun our fiscal fourth quarter with a strong backlog of approximately $26.2 million , essentially flat compared to our second quarter. Looking closer, however, we made substantial order deliveries during the third quarter that contributed to our 21% sequential revenue growth, and we were able to balance this growth with new orders. We expect this trend to continue in future periods and have an active pipeline of pending orders and other prospects that total more than twice our backlog of orders received. The combination of our improved capital structure, encouraging business environment, robust backlog and exceptional pipeline of opportunities gives us confidence for improved financial results in the coming quarters and fiscal year," concluded Capps. CONFERENCE CALL Management has scheduled a conference call for Wednesday, December 11, 2024 at 9:00 a.m. Eastern Time ( 8:00 a.m. Central Time ) to discuss the Company's fiscal 2025 third quarter results. To access the call, please dial (412) 902-0030 and ask for the MIND Technology call at least 10 minutes prior to the start time. Investors may also listen to the conference call live on the MIND Technology website, http://mind-technology.com , by logging onto the site and clicking "Investor Relations". A telephonic replay of the conference call will be available through December 18, 2024 and may be accessed by calling (201) 612-7415 and using passcode 13750138#. A webcast archive will also be available at http://mind-technology.com shortly after the call and will be accessible for approximately 90 days. For more information, please contact Dennard Lascar Investor Relations by email at MIND@dennardlascar.com . ABOUT MIND TECHNOLOGY 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. Forward-looking Statements Certain statements and information in this press release concerning results for the quarter ended October 31 , 2024 may constitute " forward-looking statements " within the meaning of the Private Securities Litigation Reform Act of 1995. All statements contained in this press release other than statements of historical fact, including statements regarding our future results of operations and financial position, our business strategy and plans, and our objectives for future operations, are forward-looking statements. The words " believe, " " expect, " " anticipate, " " plan, " " intend, " " should, " " would, " " could " or other similar expressions are intended to identify forward-looking statements, which are generally not historical in nature. These forward-looking statements are based on our current expectations and beliefs concerning future developments and their potential effect on us. While management believes that these forward-looking statements are reasonable as and when made, there can be no assurance that future developments affecting us will be those that we anticipate. All comments concerning our expectations for future revenues and operating results are based on our forecasts of our existing operations and do not include the potential impact of any future acquisitions or dispositions. Our forward-looking statements involve significant risks and uncertainties (some of which are beyond our control) and assumptions that could cause actual results to differ materially from our historical experience and our present expectations or projections. These risks and uncertainties include, without limitation, reductions in our customers ' capital budgets, our own capital budget, limitations on the availability of capital or higher costs of capital and volatility in commodity prices for oil and natural gas. For additional information regarding known material factors that could cause our actual results to differ from our projected results, please see our filings with the SEC, including our Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date hereof. We undertake no obligation to publicly update or revise any forward-looking statements after the date they are made, unless required by law, whether as a result of new information, future events or otherwise. All forward-looking statements included in this press release are expressly qualified in their entirety by the cautionary statements contained or referred to herein. Non-GAAP Financial Measures Certain statements and information in this press release contain 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. Company management believes that these non-GAAP financial measures, when considered together with the GAAP financial measures, provide information that is useful to investors in understanding period-over-period operating results separate and apart from items that may, or could, have a disproportionately positive or negative impact on results in any particular period. Company management also believes that these non-GAAP financial measures enhance the ability of investors to analyze the Company's business trends and to understand the Company's performance. In addition, the Company may utilize non-GAAP financial measures as guides in its forecasting, budgeting, and long-term planning processes and to measure operating performance for some management compensation purposes. Any analysis of non-GAAP financial measures should be used only in conjunction with results presented in accordance with GAAP. Reconciliation of Backlog, which is a non-GAAP financial measure, is not included in this press release due to the inherent difficulty and impracticality of quantifying certain amounts that would be required to calculate the most directly comparable GAAP financial measures. -Tables to Follow- MIND TECHNOLOGY, INC. CONDENSED CONSOLIDATED BALANCE SHEETS (in thousands, except per share data) (unaudited) October 31, 2024 January 31, 2024 ASSETS Current assets: Cash and cash equivalents $ 3,505 $ 5,289 Accounts receivable, net of allowance for credit losses of $332 at each of October 31, 2024 and January 31, 2024 9,471 6,566 Inventories, net 17,249 13,371 Prepaid expenses and other current assets 1,039 3,113 Total current assets 31,264 28,339 Property and equipment, net 775 818 Operating lease right-of-use assets 1,526 1,324 Intangible assets, net 2,420 2,888 Deferred tax asset 122 122 Total assets $ 36,107 $ 33,491 LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities: Accounts payable $ 2,179 $ 1,623 Deferred revenue 248 203 Customer deposits 3,112 3,446 Accrued expenses and other current liabilities 1,742 2,140 Income taxes payable 2,093 2,114 Operating lease liabilities - current 660 751 Total current liabilities 10,034 10,277 Operating lease liabilities - non-current 866 573 Total liabilities 10,900 10,850 Stockholders' equity: Preferred stock, $1.00 par value; 2,000 shares authorized; no shares issued and outstanding at October 31, 2024 and 1,683 shares issued and outstanding at January 31, 2024 — 37,779 Common stock, $0.01 par value; 40,000 shares authorized; 7,969 shares issued and outstanding at October 31, 2024 and 1,406 shares issued and outstanding at January 31, 2024 80 14 Additional paid-in capital 135,572 113,121 Accumulated deficit (110,479) (128,307) Accumulated other comprehensive gain 34 34 Total stockholders' equity 25,207 22,641 Total liabilities and stockholders' equity $ 36,107 $ 33,491 MIND TECHNOLOGY, INC. CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (in thousands, except per share data) (unaudited) For the Three Months Ended October 31, For the Nine Months Ended October 31, 2024 2023 2024 2023 Revenues: Sales of marine technology products $ 12,105 $ 4,974 31,819 23,132 Cost of sales: Sales of marine technology products 6,684 2,721 17,402 13,402 Gross profit 5,421 2,253 14,417 9,730 Operating expenses: Selling, general and administrative 2,762 2,941 8,305 9,160 Research and development 562 508 1,352 1,479 Depreciation and amortization 221 257 724 892 Total operating expenses 3,545 3,706 10,381 11,531 Operating income (loss) 1,876 (1,453) 4,036 (1,801) Other income (expense): Interest expense — (169) — (536) Other, net (189) 25 320 336 Total other income (expense) (189) (144) 320 (200) Income (loss) from continuing operations before income taxes 1,687 (1,597) 4,356 (2,001) Provision for income taxes (396) (112) (1,313) (590) Net income (loss) from continuing operations 1,291 (1,709) 3,043 (2,591) Income from discontinued operations, net of income taxes — 2,277 — 1,424 Net income (loss) $ 1,291 $ 568 $ 3,043 $ (1,167) Preferred stock dividends - declared — (947) — (947) Preferred stock dividends - undeclared (368) — (2,262) (1,894) Effect of preferred stock conversion 14,785 — 14,785 — Net Income (loss) attributable to common stockholders $ 15,708 $ (379) $ 15,566 $ (4,008) Net Income (loss) per common share - Basic and Diluted Continuing operations $ 2.87 $ (1.89) $ 5.62 $ (3.86) Discontinued operations $ — $ 1.62 $ — $ 1.01 Net income (loss) $ 2.87 $ (0.27) $ 5.62 $ (2.85) Shares used in computing net income (loss) per common share: Basic and diluted 5,473 1,406 2,772 1,406 MIND TECHNOLOGY, INC. CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (in thousands) (unaudited) For the Nine Months Ended October 31, 2024 2023 Cash flows from operating activities: Net income (loss) $ 3,043 $ (1,167) Adjustments to reconcile net income (loss) to net cash used in operating activities: Depreciation and amortization 724 1,230 Stock-based compensation 141 264 Gain on sale of Klein — (2,393) Provision for inventory obsolescence 67 23 Gross profit from sale of other equipment (457) (385) Changes in: Accounts receivable (3,006) (688) Unbilled revenue 164 51 Inventories (3,944) (3,174) Prepaid expenses and other current and long-term assets 2,076 566 Income taxes receivable and payable (24) (21) Accounts payable, accrued expenses and other current liabilities 98 (1,045) Deferred revenue and customer deposits (289) 1,115 Net cash used in operating activities (1,407) (5,624) Cash flows from investing activities: Purchases of property and equipment (213) (199) Proceeds from the sale of Klein, net — 10,832 Sale of other equipment 457 385 Net cash provided by investing activities 244 11,018 Cash flows from financing activities: Preferred stock conversion transaction costs (619) — Net proceeds from short-term loan — 2,947 Payment on short-term loan — (3,750) Refund of prepaid interest on short-term loan — 214 Net cash used in financing activities (619) (589) Effect of changes in foreign exchange rates on cash and cash equivalents (2) (14) Net change in cash and cash equivalents (1,784) 4,791 Cash and cash equivalents, beginning of period 5,289 778 Cash and cash equivalents, end of period $ 3,505 $ 5,569 MIND TECHNOLOGY, INC. Reconciliation of Net Income (Loss) and Net Cash Used in Operating Activities to EBITDA and Adjusted EBITDA from Continuing Operations (in thousands) (unaudited) For the Three Months Ended October 31, For the Nine Months Ended October 31, 2024 2023 2024 2023 Reconciliation of Net income (loss) to EBITDA and Adjusted EBITDA from continuing operations (in thousands) Net income (loss) $ 1,291 $ 568 $ 3,043 $ (1,167) Interest expense, net — 169 — 536 Depreciation and amortization 221 290 724 1,230 Provision for income taxes 396 112 1,313 590 EBITDA (1) 1,908 1,139 5,080 1,189 Stock-based compensation 47 106 141 264 Income from discontinued operations net of depreciation and amortization — (2,308) — (1,762) Adjusted EBITDA from continuing operations (1) $ 1,955 $ (1,063) $ 5,221 $ (309) Reconciliation of Net Cash Provided by (Used in) Operating Activities to EBITDA Net cash provided by (used in) operating activities $ 2,288 $ (2,147) $ (1,407) $ (5,624) Gain on Sale of Klein — 2,393 — 2,393 Stock-based compensation (47) (106) (141) (264) Provision for inventory obsolescence (22) (23) (67) (23) Changes in accounts receivable (current and long-term) (115) (2,570) 2,842 637 Interest paid, net — 169 — 576 Taxes paid, net of refunds 473 192 1,411 617 Gross profit from sale of other equipment — 49 457 385 Changes in inventory (1,798) 2,841 3,944 3,174 Changes in accounts payable, accrued expenses and other current liabilities and deferred revenue 2,161 (427) 191 (70) Changes in prepaid expenses and other current and long-term assets (1,034) 763 (2,076) (566) Other 2 5 (74) (46) EBITDA (1) $ 1,908 $ 1,139 $ 5,080 $ 1,189 1. EBITDA and Adjusted EBITDA are non-GAAP financial measures. EBITDA is defined as net income before (a) interest income and interest expense, (b) provision for (or benefit from) income taxes and (c) depreciation and amortization. Adjusted EBITDA excludes non-cash foreign exchange gains and losses, stock-based compensation, impairment of intangible assets and other non-cash tax related items. We consider EBITDA and Adjusted EBITDA to be important indicators for the performance of our business, but not measures of performance or liquidity calculated in accordance with GAAP. We have included these non-GAAP financial measures because management utilizes this information for assessing our performance and liquidity, and as indicators of our ability to make capital expenditures, service debt and finance working capital requirements and we believe that EBITDA and Adjusted EBITDA are measurements that are commonly used by analysts and some investors in evaluating the performance and liquidity of companies such as us. In particular, we believe that it is useful to our analysts and investors to understand this relationship because it excludes transactions not related to our core cash operating activities. We believe that excluding these transactions allows investors to meaningfully trend and analyze the performance of our core cash operations. EBITDA and Adjusted EBITDA are not measures of financial performance or liquidity under GAAP and should not be considered in isolation or as alternatives to cash flow from operating activities or as alternatives to net income as indicators of operating performance or any other measures of performance derived in accordance with GAAP. In evaluating our performance as measured by EBITDA, management recognizes and considers the limitations of this measurement. EBITDA and Adjusted EBITDA do not reflect our obligations for the payment of income taxes, interest expense or other obligations such as capital expenditures. Accordingly, EBITDA and Adjusted EBITDA are only two of the measurements that management utilizes. Other companies in our industry may calculate EBITDA or Adjusted EBITDA differently than we do and EBITDA and Adjusted EBITDA may not be comparable with similarly titled measures reported by other companies. 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 View original content: https://www.prnewswire.com/news-releases/mind-technology-inc-reports-fiscal-2025-third-quarter-results-302328159.html SOURCE MIND Technology, Inc. © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.In the case of the female internet celebrity, it is reported that she underwent a liposuction surgery to enhance her appearance and achieve a more contoured figure. However, the procedure took a tragic turn, resulting in her untimely death and leaving her young son without a mother.

For fans who have been eagerly awaiting the latest update, the surge to the top of the trending list on Bilibili is a clear sign of the game's enduring popularity and appeal. Whether you're a seasoned veteran or a newcomer to the world of "Black Myth: Wu Kong," now is the perfect time to jump back in and experience all that the game has to offer.

Pakistan's Capital City Islamabad stands on edge as Imran Khan's followers gear up for a protest, challenging the current government's policies. Saturday saw Interior Minister Mohsin Naqvi assertive steps to tighten the city's security amid expected demonstrations. Khan, serving time in Adiala Jail, accuses the ruling coalition of undermining democratic processes, propelling his Pakistan Tehreek-e-Insaf (PTI) supporters to drive from various cities towards the country's capital. As a high-level delegation from Belarus visits, led by Foreign Minister Maksim Ryzinkov, officials weigh the delicate balance between security and diplomatic ties. Discussions with Pakistan's leaders are anticipated to advance bilateral agreements. (With inputs from agencies.)

NEW YORK (AP) — U.S. stock indexes drifted lower Tuesday in the runup to the highlight of the week for the market, the latest update on inflation that’s coming on Wednesday. The S&P 500 dipped 0.3%, a day after pulling back from its latest all-time high . They’re the first back-to-back losses for the index in nearly a month, as momentum slows following a big rally that has it on track for one of its best years of the millennium . The Dow Jones Industrial Average fell 154 points, or 0.3%, and the Nasdaq composite slipped 0.3%. Tech titan Oracle dragged on the market and sank 6.7% after reporting growth for the latest quarter that fell just short of analysts’ expectations. It was one of the heaviest weights on the S&P 500, even though CEO Safra Catz said the company saw record demand related to artificial-intelligence technology for its cloud infrastructure business, which trains generative AI models. AI has been a big source of growth that’s helped many companies’ stock prices skyrocket. Oracle’s stock had already leaped more than 80% for the year coming into Tuesday, which raised the bar of expectations for its profit report. In the bond market, Treasury yields ticked higher ahead of Wednesday’s report on the inflation that U.S. consumers are feeling. Economists expect it to show similar increases as the month before. Wednesday’s update and a report on Thursday about inflation at the wholesale level will be the final big pieces of data the Federal Reserve will get before its meeting next week, where many investors expect the year’s third cut to interest rates . The Fed has been easing its main interest rate from a two-decade high since September to take pressure off the slowing jobs market, after bringing inflation nearly down to its 2% target. Lower rates would help give support to the economy, but they could also provide more fuel for inflation. Expectations for a series of cuts through next year have been a big reason the S&P 500 has set so many records this year. Trading in the options market suggests traders aren’t expecting a very big move for U.S. stocks following Wednesday’s report, according to strategists at Barclays. But a reading far off expectations in either direction could quickly change that. The yield on the 10-year Treasury rose to 4.22% from 4.20% late Monday. Even though the Fed has been cutting its main interest rate, mortgage rates have been more stubborn to stay high and have been volatile since the autumn. That has hampered the housing industry, and homebuilder Toll Brothers’ stock fell 6.9% even though it delivered profit and revenue for the latest quarter that topped analysts’ expectations. CEO Douglas Yearley Jr. said the luxury builder has been seeing strong demand since the start of its fiscal year six weeks ago, an encouraging signal as it approaches the beginning of the spring selling season in mid-January. Elsewhere on Wall Street, Alaska Air Group soared 13.2% after raising its forecast for profit in the current quarter. The airline said demand for flying around the holidays has been stronger than expected. It also approved a plan to buy back up to $1 billion of its stock, along with new service from Seattle to Tokyo and Seoul . Boeing climbed 4.5% after saying it’s resuming production of its bestselling plane , the 737 Max, for the first time since 33,000 workers began a seven-week strike that ended in early November. Vail Resorts rose 2.5% after the ski resort operator reported a smaller first-quarter loss than analysts expected in what is traditionally its worst quarter. All told, the S&P 500 fell 17.94 points to 6,034.91. The Dow dipped 154.10 to 44,247.83, and the Nasdaq composite slipped 49.45 to 19,687.24. In stock markets abroad, indexes were mixed in China after the world’s second-largest economy said its exports rose by less than expected in November. Stocks rose 0.6% in Shanghai but fell 0.5% in Hong Kong. Indexes fell across much of Europe ahead of a meeting this week by the European Central Bank, where the widespread expectation is for another cut in interest rates. AP Business Writers Matt Ott and Elaine Kurtenbach contributed.The case unfolded when authorities received a tip-off about a suspicious situation at a residence in a quiet neighborhood. Upon arrival, they discovered Mr. Bu, a male postgraduate with a history of troubled behavior, being sheltered by a female acquaintance. Initial investigations revealed that Mr. Bu was wanted in connection with a serious criminal offense, prompting his immediate arrest.A healthy retirement is seeming like a more and more like a far away pipedream for many Americans. Even though it is one of the things that keep workers going, the reality is that nowadays more than half of all Americans do not have a plan in place for their retirement and would rely on Social Security to make ends meet or as a sole source of income. This disturbing fact was found by Allianz Life’s 2024 Annual Retirement Study . The company polled 1,000 over 25s in February and March this year and found that 56 percent of Americans have no solid financial plan for their post-working years. Another thing that they found is that nearly half (48 percent) worry about living too frugally and not enjoying retirement as much as they should, which would definitely be a bigger concern for those that do not have savings to cover the difference between their potential benefit amount and their expenses. And that concern is not going away, in fact, 42 percent cited that the biggest concern to retirees’ financial well-being is the ever-increasing rise in everyday costs and 35 percent were worried about outliving their retirement funds . This was accompanied by the 45 percent that are worried about how to best take distributions from their retirement savings for retirement income in order to make them last. Other valid concerns that arose were 32 percent stating they were apprehensive about healthcare costs, while 30 percent thought they might overspend during retirement and end up running out of money. Kelly LaVigne, vice president of consumer insights at Allianz Life explained the worrying results of the report in a statement “If you don’t know how you will draw from your retirement assets for income, then you aren’t ready to retire. So much of retirement preparation focuses on accumulating assets—and that’s important—but it is critical to understand how those assets will be able to fund your life after you retire. To do that, you need to make important decisions like when to start claiming Social Security and examine what resources you have to fund your retirement.” Other retirement centric surveys This is not the first study that has found similar patterns, many Americans nearing retirement do not have enough funds to cover their expenses for the foreseeable future and will not be able to save enough before taking the plunge. What is worse, many retirees do not have sources of incom e that are not Social Security. Jim Davis, senior wealth manager at Texas-based Aspen Wealth Management, spoke to Newsweek about the issue stating “In previous generations, retirement was often seen as a distinct, full-stop event—people worked until a specific age and then exited the workforce entirely. Today, however, more retirees are opting for a phased approach, where they gradually reduce their work hours rather than retiring outright. This shift is largely driven by a combination of financial needs, increased life expectancy, and a desire to stay mentally and socially active for longer.” His statement was confirmed by a recent survey for Edelman Financial Engines by Greenwald Research , which found that one in three respondents believe they will never be able to fully retire and will continue to have to work at least part-time into their later years. The Pew Research Center also contributed a sad fact in their 2023 report , which is that around one in five Americans aged 65 and older were still employed in 2023—nearly twice as many as 35 years ago. The crowning jewel of these series of surveys was found by a poll conducted among 2,000 American retirees by financial advice service The Motley Fool. They asked the question right after the 2025 2.5 percent benefit Cost of Living Adjustment for Social Security benefits was announced and they discovered that 50 percent are considering returning to work due to a lack of money.

As a seasoned copy editor, I am experienced in crafting engaging and informative pieces. Here is an article on the topic of social responsibility among young actors, focusing on Jackson Yee's perspective on the importance of respecting one's profession from the heart.

Trump’s mass deportation threats in his first term fizzled. Here’s how they may play out this time.