---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-013807"
form_type: "8-K"
ticker: "ASTC"
cik: "0001001907"
company_name: "ASTROTECH Corp"
filed_at: "2023-05-11T23:59:59+00:00"
generated_at: "2026-06-15T03:17:50.904146+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "medium"
source: SEC EDGAR
---

# Astrotech reports YTD revenue $336K, cash $44.1M; secures 17-unit TRACER 1000 order

## Summary
- Year-to-date (through March 31, 2023) revenue $336K from TRACER 1000 sales and services.
- Gross margin improved to 37% from 22%, up 68% YoY, driven by higher-margin maintenance and consumables.
- Cash and liquid investments $44.1M; reverse stock split completed to regain Nasdaq minimum bid compliance.
- Received 17-unit TRACER 1000 order, largest single order, expanding to 14 countries in Europe and Asia.
- AgLAB field trials improved cannabis/hemp oil yields by an average 30% using proprietary MVP method.

## SEC filing metadata
- accession: 0001437749-23-013807
- form_type: 8-K
- ticker: ASTC
- cik: 0001001907
- company_name: ASTROTECH Corp
- filed_at: 2023-05-11T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: medium
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1001907/000143774923013807/0001437749-23-013807-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1001907/000143774923013807/astc20230510_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-013807
- JSON: https://secwatch.observer/filing/0001437749-23-013807.json
- Plain text: https://secwatch.observer/filing/0001437749-23-013807.txt

## Key facts
- Earnings Releases
  ASTROTECH Corp reported third quarter of fiscal year 2023, which ended March 31, 2023 results: revenue $336 thousand.
  - Period: third quarter of fiscal year 2023, which ended March 31, 2023
  - Revenue: $336 thousand
  - Result: reported results
  source text: Highlights & Recent Developments ● Astrotech’s consolidated balance sheet remains strong with $44.1 million in cash and liquid investments. ● Year-to-date revenue totaled $336 thousand and was generated by sales of TRACER 1000TM explosive trace detector (ETD), as well as recurring maintenance services and sales of consumables for the TRACER 1000. The decrease
  evidence_url: https://www.sec.gov/Archives/edgar/data/1001907/000143774923013807/0001437749-23-013807-index.htm

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