Welcome to our dedicated page for Cps Technologie SEC filings (Ticker: CPSH), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
CPS Technologies Corp. filings document the regulatory record of a Nasdaq-listed advanced materials manufacturer with common stock registered under the symbol CPSH. Its 8-K reports include operating results, material-event disclosures, officer appointments, compensation arrangements and completed equity-financing activity tied to common stock issued under a shelf registration statement.
Proxy and annual-meeting filings cover director elections, advisory executive-compensation votes, auditor ratification and amendments affecting authorized common shares. The filing record also documents the company’s capital structure, governance processes, public-offering mechanics, results exhibits and disclosures related to its metal matrix composite, hermetic packaging and defense-oriented materials operations.
CPS Technologies reported a Q1 2026 net loss of $294,179, compared with net income of $95,962 a year earlier, as softer demand from a major customer reduced sales and margins. Revenue declined to $7.0 million from $7.5 million, while gross margin compressed to 9% of sales from 16%, reflecting lower volume, gold-priced product at minimal margin, and higher R&D spending.
Operating loss was $523,000 versus operating income of $130,000 in Q1 2025. The company ended the quarter with $5.7 million in cash and $6.8 million in marketable securities, no borrowings on its $3.0 million credit line, and inventories up to $7.1 million as it builds stock for a key customer and a potential facility move. Management expects existing cash and operations to fund 2026, but notes customer concentration, inflation and macro uncertainty as ongoing risks.
CPS Technologies Corp. is asking stockholders to vote at the April 30, 2026 annual meeting in Boston on several key items, including electing five incumbent directors and approving an advisory “say‑on‑pay” vote plus its frequency.
The Board also seeks approval to amend the Certificate of Incorporation to increase authorized common shares from 20,000,000 to 25,000,000, providing added flexibility for incentives, capital raising and potential acquisitions. As of March 11, 2026, 18,006,963 common shares were issued and outstanding.
Stockholders are additionally asked to ratify PKF O’Connor Davies LLP as independent auditor for fiscal 2026. The proxy highlights 2025 results, with revenue of $32.6 million versus $21.1 million in 2024 and net income of $0.4 million compared with a $3.1 million loss in 2024, and explains related executive pay decisions, including bonuses and stock option grants.
CPS Technologies director Ivo James Cavoli reported an open-market purchase of the company’s common stock. On this transaction date, he bought 2,315 shares at a price of $3.855 per share. Following the purchase, he directly owns 53,000 shares of CPS Technologies common stock.
CPS Technologies Corp. is soliciting proxies for its 2026 Annual Meeting of Stockholders to be held on April 30, 2026 at 10:00 a.m. for holders of record as of March 11, 2026.
Agenda items include election of five directors, an advisory say-on-pay vote and frequency vote, an amendment to increase authorized common shares from 20,000,000 to 25,000,000, and ratification of PKF O’Connor Davies LLP as auditor. The Company reported $32.6 million revenue and $0.4 million net income for fiscal 2025, and had 18,006,780 shares outstanding as of the Record Date.
CPS Technologies director Francis J. Hughes Jr. reported exercising stock options to acquire common shares. On 2/19/2026, he exercised 15,000 Common Stock Options at $1.83 per share, converting them into 15,000 shares of Common Stock at the same price.
After these transactions, he directly holds 113,100 Common Stock Options and 453,009 shares of Common Stock. A footnote explains that paperwork and payment were provided on 2/19/2026, while the transfer agent issued the shares on 3/4/2026 due to a blizzard.
CPS Technologies reported record 2025 sales of $32.6 million, a 54% increase over 2024, and turned from a net loss to net income of $420,354 for the year. Fourth-quarter revenue rose to $8.2 million from $5.9 million, driven by higher production, increased shipments, and higher gold prices.
Fourth-quarter gross margin improved to 14.6% from a negative 5.1% a year earlier, while the operating loss narrowed significantly and net income was $12,594 versus a prior net loss of $995,153. SG&A rose to $1.3 million, largely due to higher variable compensation and sales commissions tied to stronger results.
The balance sheet strengthened notably, with total assets increasing to $29.5 million from $18.9 million, including cash and cash equivalents of $4.5 million and marketable securities of $8.8 million. Stockholders’ equity grew to $24.6 million, and the company highlighted a recent capital raise and ongoing plans for a larger advanced manufacturing facility as it targets continued revenue growth and margin expansion in 2026.
CPS Technologies Corp. reported a strong turnaround in 2025, with total revenue rising to $32.6 million, a 54% increase from 2024, driven by growth in its core advanced materials and hermetic packaging businesses and higher gold pass-through pricing. Gross margin improved to 16% of sales from a 1% loss, and the company moved from a net loss of $3.1 million in 2024 to net income of $420,354, reflecting better utilization of fixed manufacturing costs and a fully ramped third production shift.
CPS focuses on metal matrix composites, hermetic packaging, and HybridTech Armor®, serving transportation, energy, electronics, aerospace, and defense markets. It ended 2025 with a $26 million backlog largely scheduled to ship in 2026, cash and cash equivalents of $4.47 million, and marketable securities of $8.77 million, and it has an undrawn $3.0 million credit line. Management highlights customer concentration risk—three customers represented 64% of 2025 revenue—and potential disruption and cost risk from a contemplated move to a larger facility, but also sees long-term opportunity from SBIR/STTR-funded R&D and proprietary MMC technologies.
Wax Asset Management, LLC filed an amended ownership report for CPS Technologies Corp. As of 12/31/2025, it beneficially owned 996,697 shares of CPS Technologies common stock, representing 5.54% of the class, with sole voting and dispositive power over all reported shares.
The firm states the shares were acquired and are held in the ordinary course of business, and not for the purpose of changing or influencing control of CPS Technologies or participating in transactions intended to affect control.
CPS Technologies Corp. reported that its Chief Financial Officer, Charles K. Griffith, Jr., plans to retire from the company in 2026. Griffith, who also serves as corporate secretary, informed the Board of Directors on December 11, 2025 that he expects his retirement to become effective around the middle of the second quarter or early in the third quarter of 2026. The company intends to begin a search for a successor, and Griffith, age 72, expects to work with the chosen candidate to ensure a proper transition. This filing focuses on leadership succession planning rather than financial results or transactions.
CPS Technologies disclosed an insider stock transaction by its CFO, Charles K Griffith Jr. On December 12, 2025, he acquired 15,000 shares of common stock at $1.55 per share through the exercise of a stock option and disposed of 6,423 shares at $3.62 in a separate transaction. After these moves, he directly owned 50,369 common shares and 80,000 stock options in CPS Technologies.