secwatch.observer — SEC 8-K summary
======================================

Issuer:     AMERICAN SHARED HOSPITAL SERVICES (AMS)
CIK:        0000744825
Form:       8-K
Filed at:   2026-03-31T23:59:59+00:00
Accession:  0001437749-26-010560
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AMS reports FY2025 net loss $1.6M; extends Orlando Health proton lease through 2033
--------------------------------------------------------------------------------

- Total revenue $28.1M, down 0.9% YoY; net loss $1.6M vs net income $2.2M in 2024.
- Direct patient care revenue up 23.7% to $15.5M; leasing revenue down 19.2% to $12.6M.
- Seven-year proton therapy lease extension with Orlando Health through 2033.
- Gross margin fell to 18% from 32% due to shift to lower-margin direct patient care.
- Company not meeting certain credit facility covenants; discussions with lender ongoing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/744825/000143774926010560/0001437749-26-010560-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/744825/000143774926010560/asha20260331_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-010560

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