{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-018875","form_type":"8-K","ticker":"CVV","cik":"0000766792","company_name":"CVD EQUIPMENT CORP","filed_at":"2024-05-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.937064+00:00","generated_at":"2026-06-02T02:59:29.075997+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"CVD Equipment Q1 revenue falls 43% to $4.9M; net loss $1.5M","bullets":["Revenue $4.9M, down 43.4% YoY; operating loss $1.6M; net loss $1.5M ($0.22/sh) vs net loss $0.04M prior year.","Gross profit margin 17.5%, impacted by lower margins on some contracts at CVD Equipment segment.","Orders in Q1 totaled $13.5M, driven by aerospace and SDC gas delivery; backlog rose to $27.1M from $18.4M.","Key orders: PVT200 system for SiC crystal growth from new customer; ~$10M multi-system order for SiC coating reactors.","Implemented workforce reduction in Jan 2024 to cut costs; cash and equivalents $11.9M as of Mar 31, down from $14.0M."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-018875","json":"https://secwatch.observer/filing/0001493152-24-018875.json","markdown":"https://secwatch.observer/filing/0001493152-24-018875.md","text":"https://secwatch.observer/filing/0001493152-24-018875.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/766792/000149315224018875/0001493152-24-018875-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/766792/000149315224018875/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T02:59:29.075997+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":"2c5377e9146f6ccecc865df79260e6ba59c4661d","claim":"CVD EQUIPMENT CORP reported first quarter ended March 31, 2024 results: revenue $4.9 million, net income Net loss of $1.5 million, EPS $0.22 basic and diluted share.","evidence_excerpt":"its financial results for the first quarter ended March 31, 2024. Manny Lakios, President and CEO of CVD Equipment Corporation, commented, “First quarter 2024 revenue was $4.9 million, down significantly versus the prior year period, as our business continues to experience fluctuations in revenue given the nature of the emerging growth end markets we serve.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/766792/000149315224018875/0001493152-24-018875-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2024"},{"label":"Revenue","value":"$4.9 million"},{"label":"Net income","value":"Net loss of $1.5 million"},{"label":"EPS","value":"$0.22 basic and diluted share"},{"label":"Result","value":"reported results"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}