secwatch / observer

AMERICAN SHARED HOSPITAL SERVICES — fact timeline

Source-grounded facts extracted from AMERICAN SHARED HOSPITAL SERVICES's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

AMS AMERICAN SHARED HOSPITAL SERVICES JSON
Earnings Releases

AMERICAN SHARED HOSPITAL SERVICES reported financial results for the fourth quarter ended December 31, 2025.

“On March 31, 2026, American Shared Hospital Services (the “Company”) issued a press release announcing its financial results for the fourth quarter and year-end 2025.”
Material Agreements

AMERICAN SHARED HOSPITAL SERVICES amended Amendment Two to Proton Beam Radiation Therapy Lease Agreement with Orlando Health, Inc. (effective 2026-03-13).

“On March 13, 2026, the Company and Orlando Health entered into Amendment Two to Proton Beam Radiation Therapy Lease Agreement (the “Amendment”).”
Auditor Changes

AMERICAN SHARED HOSPITAL SERVICES reported that prior financial statements should not be relied upon.

“On December 27, 2025, the Audit Committee of the Board of Directors of American Shared Hospital Services (the “ Company ”) concluded, after discussions with management and Baker Tilly US, LLP, the Company’s independent registered public accounting firm, that the Company’s unaudited condensed balance sheet that was part of the Company’s financial statements as of September 30, 2025 (the “ Previous Financial Statements ”), included in the Company’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2025, filed with the Securities and Exchange Commission (the “ SEC ”) on November 14, 2025 (the “ Q3 2025 Quarterly Report ”), should no longer be relied upon as it relates to the classification of the Company’s indebtedness as of September 30, 2025.”
Auditor Changes

AMERICAN SHARED HOSPITAL SERVICES engaged Baker Tilly US, LLP as its auditor.

“the Audit Committee of the Company’s Board of Directors (the “Audit Committee”) approved the appointment of Baker Tilly, as the successor to Moss Adams, as the Company’s independent registered public accounting firm.”
Auditor Changes

Moss Adams LLP resigned as auditor of AMERICAN SHARED HOSPITAL SERVICES.

“Moss Adams has resigned as the auditors of the Company and the Audit Committee of the Company’s Board of Directors (the “Audit Committee”) approved the appointment of Baker Tilly, as the successor to Moss Adams, as the Company’s independent registered public accounting firm.”

Raymond Stachowiak changed role as Chief Executive Officer at AMERICAN SHARED HOSPITAL SERVICES.

“Effective on that same date, Raymond Stachowiak ceased to serve in the role of Chief Executive Officer, however, he will continue to serve as the Company’s Executive Chairman of the Board and continue to perform the function of the Company’s principal executive officer.”

Gary Delanois was appointed as Chief Executive Officer at AMERICAN SHARED HOSPITAL SERVICES.

“On April 3, 2025, the Company appointed Gary Delanois to serve as the Company’s Chief Executive Officer.”

Gary Delanois was appointed as Executive Vice President and Chief Operating Officer at AMERICAN SHARED HOSPITAL SERVICES.

“On October 8, 2024, American Shared Hospital Services (the “Company”) approved the appointment of Mr. Gary Delanois as an Executive Vice President and Chief Operating Officer of the Company, effective October 14, 2024.”
Earnings Releases

AMERICAN SHARED HOSPITAL SERVICES reported first quarter ended March 31, 2024 results: revenue $5.2 million, EPS $0.02 per share.

“The first quarter marks a good start to the year, with revenue growth of 5.9% to $5.2 million, and gross margin of $2.1 million, a 12.3% increase from the comparable period, reflecting continued efficiencies and operating leverage from the sales increase. The gross margin percentage reached 41.1%, which is in line with our historical average and for the first quarter we earned $0.02 per share.”
M&A Transactions

AMERICAN SHARED HOSPITAL SERVICES completed an acquisition involving GenesisCare USA, Inc. for $2,850,000 payable in cash (closed 2024-05-07).

“Report on Form 8-K filed with the SEC on November 16, 2023, and in subsequent reports filed by the Company with the SEC. The purchase price for the Transaction consisted of $2,850,000 payable in cash. The $285,000 earnest payment deposit previously deposited with a third party escrow agent by the Company was applied to the purchase price at closing. Pursuant”
Material Agreements

AMERICAN SHARED HOSPITAL SERVICES amended Fourth Amendment to Investment Agreement with GenesisCare USA, Inc. (effective 2024-05-07).

“On May 7, 2024, American Shared Hospital Services (the “Company”) entered into a Fourth Amendment to Investment Agreement (the “Fourth Amendment”) with GenesisCare USA, Inc. (the “Seller”) and GenesisCare USA Holdings, Inc. (“Holdings”), amending that certain Investment Purchase Agreement dated November 10, 2023 by and among the Company, Seller and Holdings (the “IPA”).”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.