Mind Technology Inc Q1 2022 Earnings Call Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: Ross Taylor - - Analyst : It's always difficult to follow Tyson because he tends to ask all of the questions that one needs to ask. But you mentioned something about a $5 million order coming later this year.

Question: Ross Taylor - - Analyst : Can you give us a little bit more color about those orders and even like what sectors? Or are they industrial corporate orders or are they government defense orders? A little bit more color about them.

Question: Ross Taylor - - Analyst : Okay. Okay. Well, I think, obviously, that's pretty exciting. How are you seeing the bid environment going on? I'm talking to people who deal with things like Washington are finding, Washington seems to be really behind the curve on paperwork and things of that nature. How are you finding the domestic bid environment, is that from the government as well as overseas and then just generally the corporate environment?

Question: Ross Taylor - - Analyst : So if you were to take away the supply shortage and the choke points, how do you think -- what would you think your backlog business would be building? Do you think that's -- right now we're seeing a major drag on the building of this backlog right in here because of the fact that people can't get components and the like and people are a little up in the air?

Question: Ross Taylor - - Analyst : Okay. Well, that's good. It's great to hear that you think, particularly if you can get the for-sale assets sold, that you will not need to be revisiting the market on a regular basis. I think that would be a major plus and set the stage for going forward and you guys achieving the goals that you've laid out.