secwatch.observer — SEC 8-K summary
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Issuer:     CVD EQUIPMENT CORP (CVV)
CIK:        0000766792
Form:       8-K
Filed at:   2022-05-16T23:59:59+00:00
Accession:  0001437749-22-012609
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CVD Equipment Q1 rev $4.7M (+38% YoY); net loss $1.0M ($0.15/sh); orders of 19 systems in 4 months
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- Q1 2022 revenue $4.7M, up 38.3% YoY from $3.4M; net loss $1.0M ($0.15/sh) vs loss $1.5M ($0.23) prior year.
- Operating loss improved to $1.0M from $1.6M, aided by higher sales, product mix, lower legal/building costs.
- Backlog $9.9M at March 31, 2022 (down 4.8% from Dec 31); new Q1 orders $4.1M.
- Repaid remaining $1.7M mortgage on 355 facility March 1, 2022; company now debt-free.
- Through April 30, 2022, orders exceeded $11M, including 14 PVT-150 systems for SiC growth and 5 other systems.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/766792/000143774922012609/0001437749-22-012609-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/766792/000143774922012609/cvv20220513_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-012609

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