{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-24-016673","form_type":"8-K","ticker":"AMS","cik":"0000744825","company_name":"AMERICAN SHARED HOSPITAL SERVICES","filed_at":"2024-05-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.892899+00:00","generated_at":"2026-06-02T01:31:43.579147+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"AMS reports Q1 revenue up 5.9% to $5.2M; record backlog $210M after acquisition","bullets":["Record projected revenue backlog of $210M more than doubled vs Dec 31, 2023 after acquiring 60% of three Rhode Island Radiation Therapy Cancer Centers in May 2024.","Operating loss of $85k vs operating income of $98k in Q1 2023; adjusted EBITDA $1.744M vs $1.903M.","Net income $119k ($0.02 per diluted share) vs $188k ($0.03) in prior year; revenue $5.2M (+5.9% YoY).","Gamma Knife revenue down 1.7% to $2.567M; proton beam revenue up 14.5% to $2.649M.","Cash and equivalents $13.042M at March 31, 2024; signed one new order for Gamma Knife Esprit upgrade."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-24-016673","json":"https://secwatch.observer/filing/0001437749-24-016673.json","markdown":"https://secwatch.observer/filing/0001437749-24-016673.md","text":"https://secwatch.observer/filing/0001437749-24-016673.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/744825/000143774924016673/0001437749-24-016673-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/744825/000143774924016673/asha20240514_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T01:31:43.579147+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"54fed24607a9bf4c12336cd08200a46de1681f8e","claim":"AMERICAN SHARED HOSPITAL SERVICES reported first quarter ended March 31, 2024 results: revenue $5.2 million, EPS $0.02 per share.","evidence_excerpt":"The first quarter marks a good start to the year, with revenue growth of 5.9% to $5.2 million, and gross margin of $2.1 million, a 12.3% increase from the comparable period, reflecting continued efficiencies and operating leverage from the sales increase. The gross margin percentage reached 41.1%, which is in line with our historical average and for the first quarter we earned $0.02 per share.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/744825/000143774924016673/0001437749-24-016673-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2024"},{"label":"Revenue","value":"$5.2 million"},{"label":"EPS","value":"$0.02 per share"},{"label":"Result","value":"reported results"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}