---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-003085"
form_type: "8-K"
ticker: "ASTC"
cik: "0001001907"
company_name: "ASTROTECH Corp"
filed_at: "2023-02-13T23:59:59+00:00"
generated_at: "2026-06-19T15:17:02.202554+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Astrotech Q2 FY2023: $46.8M cash, YTD rev $301K, gross margin 38%, new products, $1M buyback

## Summary
- YTD revenue $301K (6mo ended Dec 31, 2022); gross margin improved to 38% from 18% YoY.
- Cash and liquid investments $46.8M; board authorized $1M share repurchase program on Nov 17, 2022.
- Launched AgLAB 1000-D2 and D2-MVP control system; claims up to 45% improvement in yields and revenues.
- BreathTest-1000 can distinguish infected vs healthy breath samples; collecting data for FDA approval.
- Appointed Bob McFarland to board Jan 27, 2023; completed reverse stock split to regain Nasdaq compliance.

## SEC filing metadata
- accession: 0001437749-23-003085
- form_type: 8-K
- ticker: ASTC
- cik: 0001001907
- company_name: ASTROTECH Corp
- filed_at: 2023-02-13T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1001907/000143774923003085/0001437749-23-003085-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1001907/000143774923003085/astc20230210_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-003085
- JSON: https://secwatch.observer/filing/0001437749-23-003085.json
- Plain text: https://secwatch.observer/filing/0001437749-23-003085.txt

## Key facts
- Earnings Releases
  ASTROTECH Corp reported second quarter of fiscal year 2023, which ended December 31, 2022 results: revenue Year-to-date revenue totaled $301 thousand.
  - Period: second quarter of fiscal year 2023, which ended December 31, 2022
  - Revenue: Year-to-date revenue totaled $301 thousand
  - Result: reported results
  source text: Astrotech Corporation (Nasdaq: ASTC) (the “Company” or “Astrotech”) reported its financial results for its second quarter of fiscal year 2023, which ended December 31, 2022. Financial Highlights & Recent Developments ● Astrotech’s consolidated balance sheet remains strong with $46.8 million in cash and liquid investments. ● Year-to-date revenue totaled $301 thousand
  evidence_url: https://www.sec.gov/Archives/edgar/data/1001907/000143774923003085/0001437749-23-003085-index.htm

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