secwatch.observer — SEC 8-K summary
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Issuer:     AMERICAN SHARED HOSPITAL SERVICES (AMS)
CIK:        0000744825
Form:       8-K
Filed at:   2022-02-15T23:59:59+00:00
Accession:  0001437749-22-003374
Event type: earnings
Sentiment:  positive
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AMS reports preliminary Q4 revenue ~$4.7M, full year ~$17.7M, cash >$8M
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- Preliminary Q4 2021 revenue ~$4.7M, highest quarter of 2021 and roughly even with Q4 2020.
- Full year 2021 revenue ~$17.7M, also roughly in line with 2020; preliminary gross margin and operating income improved due to lower costs of revenue.
- Cash increased to >$8M at year-end 2021; unused working capital line of $7M available for growth.
- CEO cites balance sheet restructuring and debt refinancing in Q2 2021 as strengthening financial position for future initiatives.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/744825/000143774922003374/0001437749-22-003374-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/744825/000143774922003374/asha20220214_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-003374

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