{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-013261","form_type":"8-K","ticker":"ASYS","cik":"0000720500","company_name":"AMTECH SYSTEMS INC","filed_at":"2024-02-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.749829+00:00","generated_at":"2026-06-06T05:02:58.205945+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Amtech Systems Q1 FY2024 net rev $24.9M (+16% YoY); GAAP operating loss $8.9M incl $7.6M impairment","bullets":["Net revenue $24.9M, up 16% YoY; Q1 GAAP net loss $9.4M ($0.66 share) vs loss $2.7M a year ago.","Non-GAAP operating loss $0.2M (vs loss $3.0M previous qtr); non-GAAP net loss $0.6M ($0.04 share).","Recorded $7.6M in non-cash impairment charges due to book value exceeding market value of stock.","Customer orders $23.1M, book-to-bill 0.9:1; backlog $50.0M; cash $17.0M up from $13.1M.","CEO cites $6M annualized cost savings realized; Q1 revenue and adjusted EBITDA exceeded guidance high end."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-013261","json":"https://secwatch.observer/filing/0000950170-24-013261.json","markdown":"https://secwatch.observer/filing/0000950170-24-013261.md","text":"https://secwatch.observer/filing/0000950170-24-013261.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/720500/000095017024013261/0000950170-24-013261-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/720500/000095017024013261/asys-20240209.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T05:02:58.205945+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":"291656b54c57a455325d9f0baf0e1e8f57244d8c","claim":"AMTECH SYSTEMS INC reported first quarter ended December 31, 2023 results: revenue $24.9 million, net income $9.4 million, EPS $0.66.","evidence_excerpt":"first quarter ended December 31, 2023. First Quarter Fiscal 2024 Financial and Operational Results: • Net revenue of $24.9 million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/720500/000095017024013261/0000950170-24-013261-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended December 31, 2023"},{"label":"Revenue","value":"$24.9 million"},{"label":"Net income","value":"$9.4 million"},{"label":"EPS","value":"$0.66"},{"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"}