secwatch.observer — SEC 8-K summary
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Issuer:     CVD EQUIPMENT CORP (CVV)
CIK:        0000766792
Form:       8-K
Filed at:   2025-03-19T23:59:59+00:00
Accession:  0001493152-25-010916
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CVD Equipment Q4 revenue $7.4M, net income $132k; FY net loss narrows to $1.9M
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- Q4 revenue $7.4M, up 80.3% YoY; net income $132k ($0.02/share) vs loss $2.3M ($0.33) prior year.
- Full-year revenue $26.9M (+11.5% YoY); net loss $1.9M ($0.28/share) vs $4.2M ($0.62) prior year.
- Backlog at Dec 31, 2024: $19.4M; received $3.5M follow-on aerospace order for CVI 3500 system.
- Recorded $1.3M non-cash charge to reduce PVT150 inventory to net realizable value; SiC market challenges remain.
- Cash and equivalents $12.6M at year-end vs $14.0M a year ago; operating loss $2.4M for FY2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/766792/000149315225010916/0001493152-25-010916-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/766792/000149315225010916/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-25-010916

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