secwatch.observer — SEC 8-K summary
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Issuer:     AMERICAN SHARED HOSPITAL SERVICES (AMS)
CIK:        0000744825
Form:       8-K
Filed at:   2025-05-15T23:59:59+00:00
Accession:  0001437749-25-017038
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AMS Q1 revenue up 17% to $6.1M; net loss $0.10/share vs $0.02 profit
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- First-quarter revenue $6.1M vs $5.2M YoY (+17%); net loss $625K ($0.10/shr) vs net income $119K ($0.02).
- Direct Patient Services revenue surged 224% to $3.1M from Rhode Island acquisition and Puebla, Mexico facility.
- Medical equipment leasing revenue fell to $3.0M from $4.3M due to lower Gamma Knife volumes and contract expirations.
- Adjusted EBITDA $0.9M vs $1.7M in Q1 2024; gross margin $942K vs $2.1M on lower treatment volumes.
- Cash $11.5M; expects Esprit startup in Guadalajara late 2025 and exploring tuck-in acquisitions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/744825/000143774925017038/0001437749-25-017038-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/744825/000143774925017038/asha20250513_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-017038

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