secwatch.observer — SEC 8-K summary
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Issuer:     AMERICAN SHARED HOSPITAL SERVICES (AMS)
CIK:        0000744825
Form:       8-K
Filed at:   2022-03-24T23:59:59+00:00
Accession:  0001437749-22-007063
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AMS reports Q4 net income $0.04/diluted share vs loss; founder Bates returns to board
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- Q4 revenue $4.689M (+1.8% YoY); operating income $723K vs loss $8.543M YoY (includes impairments).
- Non-GAAP operating income $828K vs loss $279K; net income $219K ($0.04/diluted) vs loss $6.231M (-$1.01).
- Full-year revenue $17.628M (-1.2%); net income $194K ($0.03) vs loss $7.058M (-$1.14).
- Cash and restricted cash $8.263M at Dec 31, 2021, up from $4.325M; $7M unused working capital line.
- Founder Ernest A. Bates appointed to board, replacing Saim Mert Ozyurek who resigned; no disagreement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/744825/000143774922007063/0001437749-22-007063-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/744825/000143774922007063/asha20220323_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-007063

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