{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-055712","form_type":"8-K","ticker":"ASYS","cik":"0000720500","company_name":"AMTECH SYSTEMS INC","filed_at":"2024-05-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.774486+00:00","generated_at":"2026-06-02T14:36:58.724249+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Amtech Q2 revenue $25.4M exceeds guidance; non-GAAP net loss $0.2M","bullets":["Revenue of $25.4M exceeded high-end of guidance, down 24% YoY from $33.3M.","GAAP net income $1.0M ($0.07 diluted EPS) vs prior Q $9.4M loss; non-GAAP net loss $0.2M (-$0.01).","Customer orders $19.8M; backlog $44.3M. Sold HQ for $2.5M net proceeds, gain $2.2M.","Debt payments of $6.4M; net cash $8.8M at quarter end.","Gross margin contracted to 33.2% from 40.4% a year ago due to product mix and material costs."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-055712","json":"https://secwatch.observer/filing/0000950170-24-055712.json","markdown":"https://secwatch.observer/filing/0000950170-24-055712.md","text":"https://secwatch.observer/filing/0000950170-24-055712.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/720500/000095017024055712/0000950170-24-055712-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/720500/000095017024055712/asys-20240508.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T14:36:58.724249+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":"1f732425ef9e025e591bbcb84ce3909c9be5db1a","claim":"AMTECH SYSTEMS INC reported second quarter ended March 31, 2024 results: revenue $25.4 million, net income GAAP net income of $1.0 million, EPS 7 cents per share.","evidence_excerpt":"manufacturing applications, today reported results for its second quarter ended March 31, 2024. Second Quarter Fiscal 2024 Financial and Operational Results: • Net revenue of $25.4 million • GAAP operating income of $1.4 million • Net proceeds of $2.5 million from sale of corporate headquarters building • Debt payments of $6.4 million, ending the quarter with net","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/720500/000095017024055712/0000950170-24-055712-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter ended March 31, 2024"},{"label":"Revenue","value":"$25.4 million"},{"label":"Net income","value":"GAAP net income of $1.0 million"},{"label":"EPS","value":"7 cents per share"},{"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"}