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Side-by-side financial comparison of Journey Medical Corp (DERM) and MIND TECHNOLOGY, INC (MIND). Click either name above to swap in a different company.

Journey Medical Corp is the larger business by last-quarter revenue ($16.1M vs $9.7M, roughly 1.7× MIND TECHNOLOGY, INC). MIND TECHNOLOGY, INC runs the higher net margin — 0.6% vs -7.8%, a 8.4% gap on every dollar of revenue. On growth, Journey Medical Corp posted the faster year-over-year revenue change (27.3% vs -20.0%). Over the past eight quarters, Journey Medical Corp's revenue compounded faster (11.0% CAGR vs -14.9%).

Journey Medical Corp is a commercial-stage biopharmaceutical company specializing in dermatology treatments. It develops, manufactures and markets prescription and over-the-counter products addressing acne, atopic dermatitis, fungal skin infections and other dermal conditions, primarily serving healthcare providers and patients across the United States.

Mitcham Industries, Inc. is a company founded in 1987, and is based in Huntsville, Texas. The company markets geophysical and other equipment to seismic data acquisition contractors conducting surveys on land, marsh, and marine areas, both shallow and deep water. There are mainly two segments operating in the company, namely an Equipment Leasing segment and an Equipment Manufacturing segment. In October 2011, the Company opened a new logistics and repair facility in Budapest, Hungary, and thr...

DERM vs MIND — Head-to-Head

Bigger by revenue
DERM
DERM
1.7× larger
DERM
$16.1M
$9.7M
MIND
Growing faster (revenue YoY)
DERM
DERM
+47.3% gap
DERM
27.3%
-20.0%
MIND
Higher net margin
MIND
MIND
8.4% more per $
MIND
0.6%
-7.8%
DERM
Faster 2-yr revenue CAGR
DERM
DERM
Annualised
DERM
11.0%
-14.9%
MIND

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
DERM
DERM
MIND
MIND
Revenue
$16.1M
$9.7M
Net Profit
$-1.2M
$62.0K
Gross Margin
46.6%
Operating Margin
-2.8%
8.0%
Net Margin
-7.8%
0.6%
Revenue YoY
27.3%
-20.0%
Net Profit YoY
-182.0%
-95.2%
EPS (diluted)
$-0.04

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
DERM
DERM
MIND
MIND
Q4 25
$16.1M
$9.7M
Q3 25
$17.0M
$13.6M
Q2 25
$15.0M
$7.9M
Q1 25
$13.1M
$15.0M
Q4 24
$12.6M
$12.1M
Q3 24
$14.6M
$10.0M
Q2 24
$14.9M
$9.7M
Q1 24
$13.0M
$13.4M
Net Profit
DERM
DERM
MIND
MIND
Q4 25
$-1.2M
$62.0K
Q3 25
$-2.3M
$1.9M
Q2 25
$-3.8M
$-970.0K
Q1 25
$-4.1M
$2.0M
Q4 24
$1.5M
$1.3M
Q3 24
$-2.4M
$798.0K
Q2 24
$-3.4M
$954.0K
Q1 24
$-10.4M
$1.4M
Gross Margin
DERM
DERM
MIND
MIND
Q4 25
46.6%
Q3 25
50.4%
Q2 25
42.2%
Q1 25
43.5%
Q4 24
82.3%
44.8%
Q3 24
63.9%
47.6%
Q2 24
56.0%
43.6%
Q1 24
47.7%
46.7%
Operating Margin
DERM
DERM
MIND
MIND
Q4 25
-2.8%
8.0%
Q3 25
-9.0%
19.6%
Q2 25
-19.2%
-8.3%
Q1 25
-25.3%
18.5%
Q4 24
17.7%
15.5%
Q3 24
-19.8%
14.2%
Q2 24
-19.7%
7.5%
Q1 24
-77.4%
17.3%
Net Margin
DERM
DERM
MIND
MIND
Q4 25
-7.8%
0.6%
Q3 25
-13.6%
14.2%
Q2 25
-25.3%
-12.3%
Q1 25
-31.0%
13.5%
Q4 24
12.1%
10.7%
Q3 24
-16.3%
8.0%
Q2 24
-22.6%
9.9%
Q1 24
-80.1%
10.8%
EPS (diluted)
DERM
DERM
MIND
MIND
Q4 25
$-0.04
Q3 25
$-0.09
Q2 25
$-0.16
Q1 25
$-0.18
Q4 24
$0.10
Q3 24
$-0.12
Q2 24
$-0.17
Q1 24
$-0.53

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
DERM
DERM
MIND
MIND
Cash + ST InvestmentsLiquidity on hand
$24.1M
$19.4M
Total DebtLower is stronger
$25.3M
Stockholders' EquityBook value
$31.9M
$39.9M
Total Assets
$94.6M
$47.3M
Debt / EquityLower = less leverage
0.79×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DERM
DERM
MIND
MIND
Q4 25
$24.1M
$19.4M
Q3 25
$24.9M
$7.8M
Q2 25
$20.3M
$9.2M
Q1 25
$21.1M
$5.3M
Q4 24
$20.3M
$3.5M
Q3 24
$22.5M
$1.9M
Q2 24
$23.9M
$924.0K
Q1 24
$24.1M
$5.3M
Total Debt
DERM
DERM
MIND
MIND
Q4 25
$25.3M
Q3 25
$25.2M
Q2 25
$25.1M
Q1 25
$25.0M
Q4 24
$24.9M
Q3 24
$19.8M
Q2 24
$19.7M
Q1 24
$14.7M
Stockholders' Equity
DERM
DERM
MIND
MIND
Q4 25
$31.9M
$39.9M
Q3 25
$25.9M
$28.8M
Q2 25
$19.2M
$26.6M
Q1 25
$21.5M
$27.3M
Q4 24
$20.1M
$25.2M
Q3 24
$10.9M
$24.5M
Q2 24
$11.3M
$23.6M
Q1 24
$13.0M
$22.6M
Total Assets
DERM
DERM
MIND
MIND
Q4 25
$94.6M
$47.3M
Q3 25
$85.2M
$35.8M
Q2 25
$81.2M
$36.2M
Q1 25
$85.0M
$36.7M
Q4 24
$80.2M
$36.1M
Q3 24
$64.0M
$37.8M
Q2 24
$65.2M
$34.9M
Q1 24
$66.6M
$33.5M
Debt / Equity
DERM
DERM
MIND
MIND
Q4 25
0.79×
Q3 25
0.97×
Q2 25
1.30×
Q1 25
1.16×
Q4 24
1.24×
Q3 24
1.81×
Q2 24
1.75×
Q1 24
1.13×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
DERM
DERM
MIND
MIND
Operating Cash FlowLast quarter
$-6.3M
$894.0K
Free Cash FlowOCF − Capex
$801.0K
FCF MarginFCF / Revenue
8.3%
Capex IntensityCapex / Revenue
1.0%
Cash ConversionOCF / Net Profit
14.42×
TTM Free Cash FlowTrailing 4 quarters
$5.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DERM
DERM
MIND
MIND
Q4 25
$-6.3M
$894.0K
Q3 25
$-2.4M
$-1.2M
Q2 25
$-942.0K
$4.1M
Q1 25
$-2.8M
$2.1M
Q4 24
$2.2M
$2.3M
Q3 24
$-1.2M
$1.1M
Q2 24
$-5.2M
$-4.8M
Q1 24
$-5.0M
$657.0K
Free Cash Flow
DERM
DERM
MIND
MIND
Q4 25
$801.0K
Q3 25
$-1.3M
Q2 25
$3.8M
Q1 25
$1.8M
Q4 24
$2.2M
Q3 24
$978.0K
Q2 24
$-4.8M
Q1 24
$566.0K
FCF Margin
DERM
DERM
MIND
MIND
Q4 25
8.3%
Q3 25
-9.9%
Q2 25
48.5%
Q1 25
12.2%
Q4 24
18.3%
Q3 24
9.7%
Q2 24
-49.8%
Q1 24
4.2%
Capex Intensity
DERM
DERM
MIND
MIND
Q4 25
1.0%
Q3 25
1.3%
Q2 25
3.0%
Q1 25
1.5%
Q4 24
0.6%
Q3 24
0.8%
Q2 24
0.7%
Q1 24
0.7%
Cash Conversion
DERM
DERM
MIND
MIND
Q4 25
14.42×
Q3 25
-0.60×
Q2 25
Q1 25
1.01×
Q4 24
1.46×
1.77×
Q3 24
1.33×
Q2 24
-4.98×
Q1 24
0.46×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

DERM
DERM

Qbrexza$5.5M35%
Emrosi$5.0M31%
Accutane$3.1M19%
Other$2.5M15%

MIND
MIND

Segment breakdown not available.

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