secwatch.observer — SEC 8-K summary
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Issuer:     AMERICAN SHARED HOSPITAL SERVICES (AMS)
CIK:        0000744825
Form:       8-K
Filed at:   2026-08-13T16:44:14+00:00
Accession:  0001437749-26-027549
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AMS Q2 revenue up 19% to $8.4M, but net loss widens to $514K on credit allowance
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- Q2 revenue $8.4M, +19% YoY; Direct Patient Services +40% to $4.9M; PBRT +22% to $2.3M.
- Q2 net loss $514K ($0.07/sh) vs $280K loss ($0.04/sh) YoY; adjusted EBITDA $1.3M vs $1.7M.
- H1 revenue $15.5M (+18%); net loss $1.126M ($0.17/sh) vs $905K loss ($0.14/sh) YoY.
- Q2 hit by $909K allowance for pre-May-2025 receivables and $285K legal costs for Fifth Third amendment.
- Post-quarter: Third Amendment to credit agreement with revised repayment schedule; $2.0M subordinated financing from RCS/TIG Holdings (Executive Chairman's entity).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/744825/000143774926027549/0001437749-26-027549-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/744825/000143774926027549/asha20260812_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-027549

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