{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-070474","form_type":"8-K","ticker":"ASYS","cik":"0000720500","company_name":"AMTECH SYSTEMS INC","filed_at":"2023-12-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:31.818826+00:00","generated_at":"2026-06-07T13:10:57.094243+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Amtech Q4 GAAP net loss $12M, non-GAAP loss $0.18; enters forbearance on debt covenant","bullets":["Q4 revenue $27.7M, down 14% YoY; GAAP net loss $12.0M ($0.85/share) vs Q4 FY22 net income $4.2M","Non-GAAP net loss $2.5M ($0.18/share); includes $5.2M intangible asset impairment and $1.5M inventory write-down","Customer orders $18.2M (0.7:1 book-to-bill); full-year orders $103.9M (0.9:1); backlog $51.8M","Actions: reduction in force, exit legacy PR Hoffman polishing; Forbearance Agreement with UMB Bank through Jan 2025"],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-070474","json":"https://secwatch.observer/filing/0000950170-23-070474.json","markdown":"https://secwatch.observer/filing/0000950170-23-070474.md","text":"https://secwatch.observer/filing/0000950170-23-070474.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/720500/000095017023070474/0000950170-23-070474-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/720500/000095017023070474/asys-20231214.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T13:10:57.094243+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"414cdd9240cf7bb886f03e6853676863e2d04638","claim":"AMTECH SYSTEMS INC reported financial results for fourth quarter and fiscal year ended September 30, 2023.","evidence_excerpt":"On December 14, 2023, Amtech Systems, Inc. (the \"Registrant\" or the \"Company\") announced by press release its results of operations for the fourth quarter and fiscal year ended September 30, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/720500/000095017023070474/0000950170-23-070474-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fourth quarter and fiscal year ended September 30, 2023"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}