Highest-materiality recent filing
Perma-Fix reports preliminary Q2 net loss of $6M on $13M revenue; backlog up 29%
Estimated net loss of ~$6.0M on revenue of ~$13M for Q2 2026, subject to audit review.
Perma-Fix prices $20M public offering of 2.29M shares at $8.75; over-allotment fully exercised
Underwriting with Craig-Hallum for 2,285,714 shares at $8.75/share; 30-day over-allotment of 342,857 shares exercised in full.
Perma-Fix Q1 revenue $11.1M, net loss $0.40/share; Hanford waste receipts begin
Revenue fell to $11.1M from $13.9M YoY; gross loss of $2.9M vs gross profit of $657k.
Perma-Fix to present at Gabelli Waste & Environmental Services Symposium on April 9, 2026
CEO and CFO will present at Gabelli Funds' 12th Annual Waste & Environmental Services Symposium.
Perma-Fix approves 2026 MIPs for CEO, CFO, and three other execs; EBITDA gate at 75% minimum
CEO Mark Duff: base $429,670; target bonus at 100% plan is $214,835; total target $644,505.
Perma-Fix rescinds 2023 share increase amid lawsuit, adopts amended bylaws
Board rescinded 2023 Share Increase Proposal (600k shares) to moot a stockholder class action challenging vote count.
Perma-Fix signs CBA covering 71 employees; will not extend exec employment agreements as of Apr 2026
CBA with UA Local 598 covers 71 production employees at PFNW facility, effective Oct 1, 2025.
Perma-Fix annual meeting reelects nine directors, ratifies auditor, approves say-on-pay
All nine director nominees elected; Thomas P. Bostick received 7.68M votes for, 264k withheld.
Perma-Fix signs employment agreement with COO Eshleman; annual meeting set for July 24, 2025
COO Troy Eshleman enters employment agreement effective April 17, 2025 through April 20, 2026, with automatic one-year renewal.
Perma-Fix appoints COO, EVP of Hanford, and approves 2025 incentive plans for five executives
Troy Eshleman appointed COO on Jan 23, 2025; annual salary $320,000 and option to buy 50,000 shares at $10.70.
Perma-Fix raises ~$23.2M in public offering of 2.2M shares at $10/sh
Gross proceeds $22M; net proceeds ~$23.2M after full exercise of 330K-share over-allotment.
Perma-Fix joins BWXT for $3B West Valley cleanup; Q4 guidance shows net loss
Selected as subcontractor on BWXT's DOE West Valley cleanup contract; up to $3B over 10-year period, 15-year max.
Perma-Fix shareholders reelect directors, ratify auditor, approve exec comp
All nine director nominees reelected; broker non-votes of 4,898,066 on each nominee.
Gross proceeds ~$20M from 2,051,282 shares at $9.75 per share; closing expected May 24, 2024.
Perma-Fix receives $1.61M from CNL settlement; dispute resolved
On May 10, 2024, Perma-Fix Canada received ~$1,612,000 from Canadian Nuclear Laboratories.
Perma-Fix anticipates Q1 2024 net loss of ~$3.5M; cites temporary impacts
Anticipates Q1 2024 net loss of approx. $3.5M, subject to finalization.
Perma-Fix approves 2024 MIPs for four executives; incentives tied to revenue, EBITDA
Board approved 2024 MIPs for CEO Mark Duff (base $417,155), CFO Ben Naccarato ($332,811), and two EVPs, effective Jan 1, 2024.
Perma-Fix JV receives formal €50M European waste treatment contract from EC
Multi-year contract valued up to EUR 50 million for treatment of radioactive waste from JRC in Ispra, Italy.
Perma-Fix joint venture receives notice of intent for EUR 50M European waste treatment contract
Perma-Fix and Campoverde Srl joint venture selected by European Commission for radioactive waste contract at JRC Ispra, Italy, valued up to EUR 50 million.
Perma-Fix EVP Andy Lombardo to retire Jan 1, 2024, shifts to Senior Advisor
Lombardo steps down as EVP Nuclear & Technical Services effective Jan 1, 2024.
Perma-Fix shareholders reelect all 9 directors, approve stock plan amendment, ratify auditors
10,157,594 shares voted (74.95% of outstanding); all nine director nominees reelected.
Perma-Fix signs labor agreement with UA Local 598 for potential Hanford waste treatment
Signed PLA with UA Plumbers & Steamfitters Local 598 on July 14, 2023 to support Perma-Fix Northwest Facility.
SEC declares effective Perma-Fix shelf registration for 2.5M shares
SEC declared effective Perma-Fix's Form S-3 shelf registration on June 1, 2023.
Perma-Fix files shelf registration for up to 2.5M shares; no immediate offering plans
Filed shelf registration statement on Form S-3 with SEC on May 19, 2023.
Perma-Fix renews exec employment agreements; CEO salary rises to $374,870; board expands to 9
CEO Mark Duff's annual base salary increased to $374,870 from $344,400 under new 3-year employment agreement.
Perma-Fix reports FY2022 net loss $3.8M, revenue $70.6M; backlog grows
Q4 2022 revenue $16.8M vs $17.1M; net loss $0.13/share vs $0.19 loss a year ago.
Perma-Fix approves 2023 MIPs and grants ISOs to five executives
CEO Mark Duff: base salary $374,870, target bonus $187,435 (50% of base); max payout $562,304 at >150% target.
Perma-Fix amends credit agreement with PNC, replacing LIBOR with SOFR benchmarks
Fifth Amendment to $X revolving credit, term loan and security agreement executed on August 29, 2022.
Perma-Fix stockholders reelect all eight directors at 2022 annual meeting
9,625,251 shares voted (72.52% of 13,272,623 outstanding).
Perma-Fix amends PNC credit agreement; waives Q4 2021 covenant breach, eases FCCR testing
Waived Q4 2021 fixed charge coverage ratio (FCCR) covenant breach; removes FCCR testing for Q1 2022.
Perma-Fix extends stock option milestones for consultant; approves 2022 exec compensation plans
Third amendment extends 2,000-gallon milestone to Dec 31, 2022 and 50,000-gallon milestone to Dec 31, 2023.
Perma-Fix discontinues Medical Segment, sells PFM Poland for nominal amount, expects $1.9M loss
Sold 100% interest in Perma-Fix Medical S.A. (Poland) to a Polish investor for nominal amount on Dec 30, 2021.
PF Canada's task order with CNL terminated for convenience; most work already completed.
Perma-Fix corrects option agreement expiration date to Oct 14, 2027 in 8-K/A
Amendment corrects expiration date in ISOs from Oct 14, 2021 to Oct 14, 2027.
Perma-Fix grants incentive stock options to five executives; exercise price $7.005
CEO Mark Duff receives option for 50,000 shares; CFO Ben Naccarato receives 25,000 shares.
Perma-Fix closes $6.2M public offering of 1M shares at $6.20 per share
Sold 1,000,000 shares at $6.20/share, gross proceeds $6.2M; closed October 4, 2021.
Perma-Fix awarded ~$50M in Q3 contracts, including $40M Navy decommissioning project
Total new contract awards of ~$50M in Q3 2021, to be recognized over 18-24 months.
Perma-Fix Q2 revenue falls 27% to $16.1M; net income boosted by $5.4M PPP forgiveness
Revenue $16.1M vs $22.0M YoY; Services segment down to $8.4M from $14.2M due to COVID delays.
All eight director nominees elected; no change in board membership.
Perma-Fix receives SBA forgiveness of $5.318M PPP loan plus accrued interest
PNC Bank notified company on July 1, 2021 that entire PPP loan balance of ~$5,318,000 forgiven.
the Board appointed Mr. Richard Grondin as the Company’s EVP of Hanford and International Waste Operations, at an annual salary of $315,267.
On November 15, 2023, Mr. Andy Lombardo, who currently holds the position of Executive Vice President (“EVP”) of Nuclear and Technical Services and is a named executive officer of Perma-Fix Environmental Services, Inc. (the “Company”), notified the Company that he will retire from the position of EVP of Nuclear and Technical Services, effective January 1, 2024, for personal reasons.
Max materiality 0.88 · Median 0.55 · Most common event other_material