Filing Analysis
CVD Equipment Corp announced the release of its second quarter 2026 financial results. The filing is a standard earnings announcement under Item 2.02.
📋 Key Facts
- Report date: August 12, 2026
- Reporting period: Second Quarter ended June 30, 2026
- The company issued a press release (Exhibit 99.1) containing the results of operations and financial condition.
CVD Equipment Corporation announced its financial results for the first quarter ended March 31, 2026, via a press release. The filing is a routine disclosure of quarterly operations and financial condition.
📋 Key Facts
- Announced Q1 2026 results on May 14, 2026.
- Results cover the fiscal period ending March 31, 2026.
- The information was furnished under Item 2.02 and is not deemed 'filed' for the purposes of Section 18 of the Securities Exchange Act of 1934.
- The full press release is included as Exhibit 99.1.
CVD Equipment Corporation completed the sale of its Stainless Design Concepts (SDC) business division to Atlas Copco Group for $16.9 million. The company retained its Saugerties, NY facility and entered into a two-year lease agreement with the buyer to generate rental income.
📋 Key Facts
- Completed sale of SDC business division to Atlas Copco Group on April 1, 2026
- Aggregate consideration of $16,900,000 in cash, subject to post-closing adjustments
- $900,000 of the purchase price was placed in escrow for indemnification and adjustments
- Retained ownership of the Saugerties, New York facility
- Entered into a 2-year lease agreement with the buyer for the facility at an initial annual rent of $182,750
- Pro forma financial information was filed as Exhibit 99.2
CVD Equipment Corporation announced its financial results for the fourth quarter and fiscal year ended December 31, 2025, via a press release on March 30, 2026.
📋 Key Facts
- The company reported financial results for the fiscal year and fourth quarter ended December 31, 2025.
- The information was furnished under Item 2.02 (Results of Operations and Financial Condition).
- A press release was included as Exhibit 99.1 to the filing.
- The report was signed by Richard Catalano, Executive Vice President and CFO.
CVD Equipment Corporation has agreed to sell its Stainless Design Concepts (SDC) business division to Atlas Copco Group for $16.9 million. The company will retain ownership of its Saugerties, New York facility and lease it back to the buyer for an initial two-year term.
📋 Key Facts
- Agreement signed on March 23, 2026, with Atlas Copco Group.
- Total purchase price is $16,900,000, subject to adjustments.
- $900,000 of the purchase price will be held in escrow for post-closing adjustments and indemnification.
- The transaction involves the sale of all or substantially all assets of the SDC division.
- CVD Equipment will lease its Saugerties, NY facility to the buyer for two years post-closing.
- The transaction is expected to close in the second quarter of 2026.
CVD Equipment Corp announced the release of its third quarter 2025 financial results for the period ended September 30, 2025.
📋 Key Facts
- The company issued a press release on November 10, 2025, regarding Q3 2025 results.
- Reporting period: Third quarter ended September 30, 2025.
- Filing is pursuant to Item 2.02 (Results of Operations and Financial Condition).
CVD Equipment Corp announced the release of its second quarter 2025 financial results for the period ended June 30, 2025. The filing serves as a formal notice that earnings information has been furnished via press release.
📋 Key Facts
- Report date: August 12, 2025
- Reporting period: Second quarter ended June 30, 2025
- The filing is pursuant to Item 2.02 (Results of Operations and Financial Condition)
- Financial results were released via press release dated August 12, 2025 (Exhibit 99.1)
CVD Equipment Corporation held its 2025 Annual Meeting of Shareholders on August 8, 2025. The meeting resulted in the election of six directors and the ratification of CBIZ CPAs P.C. as the company's independent auditor.
📋 Key Facts
- Annual Meeting held on August 8, 2025.
- Six nominees (Lawrence J. Waldman, Emmanuel Lakios, Andrew Africk, Robert M. Brill, Ashraf Lotfi, and Debra Wasser) were elected to the Board of Directors.
- CBIZ CPAs P.C. was ratified as the independent registered public accounting firm for the fiscal year ending December 31, 2025.
- A non-binding advisory resolution regarding executive compensation received majority support with 2,717,857 votes in favor.
CVD Equipment Corp announced its results of operations for the first quarter ended March 31, 2025. The filing serves as a formal notice that a press release containing these financial results was issued on May 13, 2025.
📋 Key Facts
- Reporting period: First Quarter ended March 31, 2025
- Report date: May 13, 2025
- The filing is pursuant to Item 2.02 (Results of Operations and Financial Condition)
- Financial results were released via press release (Exhibit 99.1)
CVD Equipment Corporation has replaced its independent auditor. Marcum LLP resigned as the company's auditor effective April 25, 2025, following CBIZ CPAs P.C.'s acquisition of Marcum's attest business.
🚩 Red Flags
- Auditor change (though triggered by a business acquisition rather than a dispute).
📋 Key Facts
- Marcum LLP resigned as the independent registered public accounting firm on April 25, 2025.
- CBIZ CPAs P.C. has been engaged as the new independent auditor following their acquisition of Marcum's attest business on November 1, 2024.
- The company reports no disagreements with Marcum regarding accounting principles, practices, financial statement disclosure, or auditing scope/procedures.
- Reports for fiscal years ended December 31, 2024 and 2023 contained no adverse opinions, disclaimers, or qualifications.
CVD Equipment Corp announced the release of its financial results for the fourth quarter and fiscal year ended December 31, 2024. The filing serves as a formal notification that earnings data has been furnished via press release.
📋 Key Facts
- Reporting period: Fourth quarter and fiscal year ended December 31, 2024.
- Report date: March 19, 2025.
- The filing is made pursuant to Item 2.02 regarding Results of Operations and Financial Condition.
CVD Equipment Corp announced the release of its quarterly and year-to-date financial results for the periods ending September 30, 2024. The filing serves as a formal notice that earnings data has been made public via press release.
📋 Key Facts
- Report date: November 13, 2024
- Reporting period: Three and nine months ended September 30, 2024
- The filing includes the announcement of results of operations and financial condition under Item 2.02.
- Financial data is furnished via Exhibit 99.1 (Press Release).
CVD Equipment Corp announced the release of its quarterly and semi-annual results for the periods ending June 30, 2024. The filing serves as a formal notice that earnings data has been furnished via press release.
📋 Key Facts
- The company issued a press release on August 13, 2024, regarding its financial results.
- Results cover the three and six-month periods ended June 30, 2024.
- Information is furnished under Item 2.02 and is not considered 'filed' for purposes of Section 18 liability.
CVD Equipment Corporation held its 2024 Annual Meeting of Shareholders on August 9, 2024. The meeting resulted in the election of six directors and the ratification of Marcum, LLP as the independent auditor.
🚩 Red Flags
- High number of 'Broker Non-Votes' (1,979,465) suggests a significant portion of the float did not vote on these specific items, which can impact quorum or voting thresholds in micro-cap companies.
📋 Key Facts
- Annual Meeting held on August 9, 2024.
- Six nominees elected to the Board of Directors: Lawrence J. Waldman, Emmanuel Lakios, Andrew Africk, Robert M. Brill, Ashraf Lotfi, and Debra Wasser.
- Marcum, LLP was ratified as the independent registered public accounting firm for the fiscal year ending December 31, 2024.
- Shareholders approved a non-binding advisory resolution regarding executive compensation (Say-on-Pay).
- Significant broker non-votes were recorded across all proposals, totaling 1,979,465 shares.
CVD Equipment Corporation announced the retirement of Raymond A. Nielsen from its Board of Directors and his decision not to seek reelection at the 2024 Annual Meeting.
📋 Key Facts
- Raymond A. Nielsen is retiring from the Board of Directors effective at the 2024 Annual Meeting of Shareholders.
- Mr. Nielsen currently serves as a member of the Board and chairperson of the Compensation Committee.
- The retirement is due to personal and business commitments.
- The announcement was made on June 20, 2024.
CVD Equipment Corporation announced the appointment of Andrew Africk to its Board of Directors, effective May 28, 2024. This appointment includes an expansion of the Board from six to seven members.
🚩 Red Flags
- None identified in this filing.
📋 Key Facts
- Andrew Africk appointed to the Board of Directors effective May 28, 2024.
- The Board was expanded from six to seven directors.
- Mr. Africk is the founder of Searay Capital LLC and a former Senior Partner at Apollo Global Management.
- Compensation for Mr. Africk includes $40,000 annual cash compensation and $40,000 in restricted stock vesting quarterly.
CVD Equipment Corp announced its results of operations for the first quarter ended March 31, 2024. The filing serves as a formal notice that a press release containing these financial results has been issued.
📋 Key Facts
- Report date: May 13, 2024
- Reporting period: First Quarter ending March 31, 2024
- The filing is pursuant to Item 2.02 (Results of Operations and Financial Condition)
- Information was furnished via press release dated May 13, 2024, as Exhibit 99.1
CVD Equipment Corp announced its results of operations for the fourth quarter and fiscal year ended December 31, 2023. The filing serves as a formal notice that a press release containing these financial results was issued on March 28, 2024.
📋 Key Facts
- Reporting period: Fourth quarter and fiscal year ended December 31, 2023.
- Filing date: March 28, 2024.
- The company furnished results via press release (Exhibit 99.1) pursuant to Item 2.02.