secwatch.observer — SEC 8-K summary
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Issuer:     ASTROTECH Corp (ASTC)
CIK:        0001001907
Form:       8-K
Filed at:   2024-05-13T23:59:59+00:00
Accession:  0001437749-24-016278
Event type: earnings
Sentiment:  positive
Materiality: 0.50
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Astrotech Q3 FY2024: Cash $34.7M, YTD revenue $1.6M from TRACER 1000 sales
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- Cash and liquid investments $34.7M as of March 31, 2024; no debt mentioned.
- YTD revenue $1.6M, primarily from TRACER 1000 ETD sales, maintenance, and consumables.
- Gross margin improved to 45% from 37% YoY due to design improvements and higher sales price.
- New subsidiary Pro-Control formed for chemical process control; PRO-CONTROL-1000 mass spectrometer launched.
- TRACER 1000 listed on GSA IT Schedule 70; TRACER 1000 NTD (narcotics detector) accepting orders.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1001907/000143774924016278/0001437749-24-016278-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1001907/000143774924016278/astc20240507_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-016278

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