secwatch.observer — SEC 8-K summary
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Issuer:     AMERICAN SHARED HOSPITAL SERVICES (AMS)
CIK:        0000744825
Form:       8-K
Filed at:   2024-03-28T23:59:59+00:00
Accession:  0001437749-24-009725
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AMS Q4 2023 revenue up 13% to $5.7M; net income $0.06 vs $0.04; acquisition progress
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- Q4 revenue $5.698M (+13.1% YoY); gross margin 49.4%; adjusted EBITDA $2.679M vs $2.161M.
- Full-year net income $610K ($0.10) vs $1.328M ($0.21) in 2022; included $1.86M pretax charges.
- Acquisition of 60% stake in three Rhode Island cancer centers progressing; international center in Puebla, Mexico opening Q2 2024.
- Lease extensions signed at 4 of 10 Gamma Knife sites; sales pipeline strongest in years.
- Cash $13.8M ($2.19/share) at Dec 31, 2023; no debt maturities mentioned.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/744825/000143774924009725/0001437749-24-009725-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/744825/000143774924009725/asha20240327_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-009725

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