secwatch.observer — SEC 8-K summary
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Issuer:     CVD EQUIPMENT CORP (CVV)
CIK:        0000766792
Form:       8-K
Filed at:   2023-05-15T23:59:59+00:00
Accession:  0001437749-23-014564
Event type: earnings
Sentiment:  neutral
Materiality: 0.50
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CVD Equipment Q1 revenue up 87% to $8.7M, net loss narrows to $40k
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- Revenue of $8.7 million, 87% higher YoY; net loss of $40k ($0.01/sh) vs $1.0M loss in Q1 2022.
- Operating loss of $0.19 million; cash and equivalents $11.0 million as of March 31, 2023.
- Bookings of $2.9 million in Q1; backlog decreased to $12.0M from $17.8M at Dec 31, 2022.
- Received $1.8M repeat order for PowderCoat1100 system in early May 2023 for battery anode application.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/766792/000143774923014564/0001437749-23-014564-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/766792/000143774923014564/cvv20230511_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-014564

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