secwatch.observer — SEC 8-K summary
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Issuer:     CVD EQUIPMENT CORP (CVV)
CIK:        0000766792
Form:       8-K
Filed at:   2021-11-15T23:59:59+00:00
Accession:  0001437749-21-026725
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CVD Equipment reports Q3 net income of $6.0M on $4.3M revenue; includes $6.9M building gain
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- Revenue $4.3M (+8.4% YoY); operating loss improved to $(0.9)M from $(1.4)M.
- Net income $6.0M ($0.89/diluted share) vs net loss $(1.3)M ($(0.19)) in Q3 2020.
- Includes $6.9M gain on sale of building and $2.4M gain on PPP loan extinguishment.
- Backlog grew to $9.9M from $8.1M at June 30, 2021; received five system orders in Q3.
- Two EV battery nano-material system orders, one from OneD Battery Sciences; supply chain disruptions flagged.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/766792/000143774921026725/0001437749-21-026725-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/766792/000143774921026725/cvv20211112_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-21-026725

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer