secwatch.observer — SEC 8-K summary
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Issuer:     CVD EQUIPMENT CORP (CVV)
CIK:        0000766792
Form:       8-K
Filed at:   2026-08-12T20:00:25+00:00
Accession:  0001493152-26-037329
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CVD Equipment divests SDC for $17.4M, posts Q2 net income $12.6M on gain; core ops loss deepens
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- Sold SDC division April 1, 2026 for $17.4M; net cash proceeds ~$15.0M after costs and taxes.
- Ended Q2 with $23.5M cash, no debt; stockholders' equity $36.0M vs $24.7M at year-end.
- Net income $12.6M includes $13.9M gain on divestiture; net loss from continuing ops ($1.4M) or ($0.20) per share.
- Revenue $2.0M down 42.6% YoY; orders $1.2M vs $1.5M; backlog $3.9M vs $4.6M at March 31.
- Post-quarter, customer behind $0.8M order filed prepackaged Chapter 11; company evaluating impact.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/766792/000149315226037329/0001493152-26-037329-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/766792/000149315226037329/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-037329

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