secwatch.observer — SEC 8-K summary
======================================

Issuer:     AMERICAN SHARED HOSPITAL SERVICES (AMS)
CIK:        0000744825
Form:       8-K
Filed at:   2022-08-11T23:59:59+00:00
Accession:  0001437749-22-020162
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AMS Q2 2022 revenue up 12.5% to $5.03M; net income $0.08/sh vs ($0.01) loss
---------------------------------------------------------------------------

- Revenue $5.034M (+12.5% YoY); net income $497k ($0.08/sh) vs net loss of $87k in Q2 2021.
- Proton therapy revenue +49% to $2.308M; fractions +19.4% to 1,324; Gamma Knife same-center revenue -7%.
- Operating income $793k (+125% YoY); gross margin 41.5% (up 560 bps); adjusted EBITDA $2.129M (+16.4%).
- Cash $11.967M (up $3.704M since Dec 2021); hired new VP of Sales Tim Keel; signed JV in Puebla, Mexico.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/744825/000143774922020162/0001437749-22-020162-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/744825/000143774922020162/asha20220810_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-020162

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