secwatch.observer — SEC 8-K summary
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Issuer:     ASTROTECH Corp (ASTC)
CIK:        0001001907
Form:       8-K
Filed at:   2025-05-13T23:59:59+00:00
Accession:  0001437749-25-016492
Event type: earnings
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Astrotech Q3 FY2025 revenue $534K (vs $50K); cash drops to $20.9M
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- Q3 revenue $534K, up 968% from $50K in prior-year quarter, driven by TRACER 1000 shipments and government grant.
- Cash, cash equivalents and liquid investments $20.9M, down from $31.9M at June 30, 2024 (cash burn ~$11M).
- Received $429K purchase order from TSA contractor Intuitive Research; fulfilled and recognized in Q3.
- Created new subsidiary EN-SCAN for environmental testing instruments using proprietary mass spec technology.
- Awarded DHS R&D contract (70RSAT24CB0000015) to mature TRACER 1000 for next-gen explosives trace detection.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1001907/000143774925016492/0001437749-25-016492-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1001907/000143774925016492/astc20250509_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-016492

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