---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-22-027258"
form_type: "8-K"
ticker: "CVV"
cik: "0000766792"
company_name: "CVD EQUIPMENT CORP"
filed_at: "2022-11-14T23:59:59+00:00"
generated_at: "2026-06-21T21:42:31.309834+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# CVD Equipment Q3 revenue $8.1M (+88%), operating income positive; $28.5M sale-leaseback terminated

## Summary
- Q3 revenue $8.1M (+88% YoY); operating income $122,275 vs. operating loss in prior quarters.
- Net income $63,538 ($0.01 EPS) vs. $6.0M in Q3 2021 (included $6.9M gain on building sale).
- Terminated $28.5M sale-leaseback of headquarters after buyer failed to close by Nov 11; no termination fee.
- Received $3.7M order from major aircraft engine company for ceramic matrix composite material equipment.
- Nine-month 2022 revenue $18.6M; backlog $15.7M; cash $11.9M; supply chain headwinds continue.

## SEC filing metadata
- accession: 0001437749-22-027258
- form_type: 8-K
- ticker: CVV
- cik: 0000766792
- company_name: CVD EQUIPMENT CORP
- filed_at: 2022-11-14T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.02, 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/766792/000143774922027258/0001437749-22-027258-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/766792/000143774922027258/cvv20221111_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-22-027258
- JSON: https://secwatch.observer/filing/0001437749-22-027258.json
- Plain text: https://secwatch.observer/filing/0001437749-22-027258.txt

## Key facts
- Earnings Releases
  CVD EQUIPMENT CORP reported the third quarter ended September 30, 2022 results: revenue $8.1 million, net income $63,538, EPS $0.01.
  - Period: the third quarter ended September 30, 2022
  - Revenue: $8.1 million
  - Net income: $63,538
  - EPS: $0.01
  - Result: reported results
  source text: Revenue for the third quarter of 2022 was $8.1 million as compared to $4.3 million for the third quarter of 2021, an increase of $3.8 million or 88.4%. Net income for the third quarter of 2022 was $63,538, or $0.01 per basic and diluted share, as compared to a net income of $6.0 million (which includes a $6.9 million gain on sale of building), or $0.89 per basic and diluted share for the third quarter of 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/766792/000143774922027258/0001437749-22-027258-index.htm
- Earnings Releases
  CVD EQUIPMENT CORP reported the nine months ended September 30, 2022 results: revenue $18.6 million, net income $1.8 million, EPS $0.26.
  - Period: the nine months ended September 30, 2022
  - Revenue: $18.6 million
  - Net income: $1.8 million
  - EPS: $0.26
  - Result: reported results
  source text: For the nine months ended September 30, 2022, revenue was $18.6 million as compared to $11.7 million for the same period in 2021, an increase of $6.9 million or 58.4%. Net loss for the nine months ended September 30, 2022 was $1.8 million, or $0.26 per basic and diluted share, as compared to net income of $5.9 million (which includes total non-operating gains of $9.3 million consisting of a $6.9 million gain on sale of building and a $2.4 million gain on debt extinguishment from the forgiveness of the Company’s PPP loan), or $0.89 per basic and diluted share for the same period in 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/766792/000143774922027258/0001437749-22-027258-index.htm
- Material Agreements
  CVD EQUIPMENT CORP terminated Agreement of Purchase and Sale dated September 21, 2022, as amended with 355 Technology Drive Owner LLC valued at $28,500,000 (effective 2022-11-11).
  - Action: termination
  - Agreement: asset purchase
  - Counterparty: 355 Technology Drive Owner LLC
  - Value: $28,500,000
  - Effective: 2022-11-11
  source text: On November 11, 2022, the Potential Purchaser notified the Company that it was terminating the Purchase Agreement in its entirety and the transactions contemplated thereby, prior to the expiration of the Due Diligence Period.
  evidence_url: https://www.sec.gov/Archives/edgar/data/766792/000143774922027258/0001437749-22-027258-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.