Every 8-K that CVD Equipment Corp. (CVV) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow CVV and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full CVV filings page.
CVD Equipment Corporation (CVV) announced a major restructuring of its CVD equipment business and a leadership change. The Board decided the company will no longer pursue new system orders for this business and will instead focus on its spare parts, quartz and services activities, while completing its remaining equipment backlog and warranty obligations.
The plan includes a workforce reduction of approximately half, with an expected restructuring charge of $0.8–$1.0 million in the quarter ending September 30, 2026, mainly for severance and related costs. The Board is also evaluating additional cost reductions and ways to monetize assets, including potential alternatives involving its primary facility in Central Islip, and other business opportunities consistent with its resources.
Effective September 3, 2026, President and CEO Emmanuel Lakios mutually agreed with the Board to conclude his employment and Board service. He will receive salary and benefits through October 2, 2026, plus nine months of salary and medical benefits thereafter. Warren Cheesman, previously Vice President of Manufacturing Operations, was appointed Acting CEO. Chairman Lawrence J. Waldman highlighted that at the end of the second quarter of 2026 the company held $23.5 million in cash and no debt, emphasizing liquidity as it executes this transition.
CVD Equipment Corporation reported second quarter 2026 results shaped by the sale of its SDC division and weak demand in continuing operations. The company completed the divestiture of SDC on April 1, 2026 for $17.4 million, generating approximately $15.0 million in net cash proceeds. This drove a $13.9 million gain from discontinued operations and quarterly net income of $12.6 million, compared with a net loss a year earlier.
After the transaction, cash and cash equivalents rose to $23.5 million with no long-term debt, and stockholders’ equity increased to $36.0 million from $24.7 million at December 31, 2025. However, continuing operations remained challenged: Q2 revenue was $2.0 million, down 42.6% from the prior-year quarter, with an operating loss from continuing operations of $1.6 million and a net loss from continuing operations of $1.4 million. Orders were $1.2 million and backlog was $3.9 million at June 30, 2026, below the prior quarter. The company noted the customer for a $0.8 million system order filed a prepackaged Chapter 11 case, and is evaluating potential impacts.
CVD Equipment Corporation reported a much weaker first quarter of 2026 while completing the sale of its SDC division. From continuing operations, revenue was $1.84 million, down 70.9% from $6.33 million a year earlier, mainly due to lower CVD system bookings. Gross margin fell to 8.0% from 27.4%, and the company posted a net loss from continuing operations of $1.73 million, or ($0.25) per share, versus a ($0.03) loss per share last year.
The SDC sale, completed April 1, 2026, generated $14.8 million in net cash proceeds, leaving CVD with about $23 million in cash and no long-term debt. Management is restructuring operations, including a previously announced workforce reduction, expected to lower annual operating costs by about $1.8 million in fiscal 2026. Orders improved to $1.8 million, up from $0.8 million, and backlog remained $4.7 million at March 31, 2026, as the company focuses on aerospace, silicon carbide, EV battery materials and other industrial markets.
CVD Equipment Corporation has completed the sale of substantially all assets of its Stainless Design Concepts division to a subsidiary of the Atlas Copco Group for approximately $16.9 million in cash, subject to customary adjustments. After expenses and taxes, net cash proceeds are about $15.0 million, with $900,000 held in escrow for potential post-closing adjustments and indemnification.
The company retained ownership of its Saugerties, New York facility and will lease it to the buyer for an initial two-year term, generating initial annual rent of $182,750. Pro forma data for the year ended December 31, 2025 show revenue from continuing operations of $18.2 million and a net loss of $3.1 million, reflecting the removal of SDC’s results.
CVD Equipment Corporation reported weaker results for the fourth quarter and full year 2025 and agreed to sell its SDC business division for approximately $16.9 million in cash. Fourth quarter 2025 revenue was $5.0 million, down 33.1% year over year, with a net loss of $1.3 million or $(0.18) per share.
For fiscal 2025, revenue was $25.8 million, down 4.1%, and the net loss narrowed to $1.6 million or $(0.23) per share. Cash and cash equivalents were $8.7 million at December 31, 2025. The SDC sale to Atlas Copco is expected to close in the second quarter of 2026, with net cash proceeds of about $15.0 million and $900,000 held in escrow. The company also executed a workforce reduction expected to lower annual operating costs by roughly $1.8 million in 2026 and plans to focus on its core CVD Equipment business.
CVD Equipment Corporation has signed a definitive agreement to sell all or substantially all assets of its Stainless Design Concepts (SDC) division to the Atlas Copco Group for $16.9 million in cash, subject to purchase price adjustments. About $900,000 of this amount will be held in escrow for post-closing adjustments and indemnification obligations.
The company expects net cash proceeds of approximately $15.0 million after expenses and taxes. CVD will retain ownership of its Saugerties, New York facility and lease it to the buyer for an initial term of two years after closing. Management states the divestiture aligns with previously announced strategic alternatives, is intended to strengthen the balance sheet, and will let CVD focus on its core equipment business in Central Islip, New York. The transaction is expected to close in the second quarter of 2026, subject to customary closing conditions.
CVD Equipment Corporation filed a current report to share that it has released its financial results for the third quarter ended September 30, 2025. On November 10, 2025, the company issued a press release detailing its operations and financial condition for this period.
The press release is furnished as Exhibit 99.1 to this report under Item 2.02, meaning it is provided for informational purposes and is not deemed "filed" for liability purposes under Section 18 of the Securities Exchange Act of 1934. The filing was signed by Executive Vice President and Chief Financial Officer Richard Catalano.
CVD Equipment Corporation filed a current report to share its latest quarterly results. The company furnished a press release announcing financial results for the second quarter ended June 30, 2025, which is attached as Exhibit 99.1 and incorporated by reference.
The disclosure is made under Item 2.02, Results of Operations and Financial Condition, meaning the focus is on recent performance and financial position. The company notes that the information, including the exhibit, is being furnished rather than filed, which limits certain legal liabilities under securities laws.
The company held its Annual Meeting where shareholders voted on three proposals. All six director nominees—Lawrence J. Waldman, Emmanuel Lakios, Andrew Africk, Robert M. Brill, Ashraf Lotfi and Debra Wasser—were re-elected with votes in favor ranging from 2,526,772 to 2,549,366 and withheld votes between 208,765 and 231,359. There were 2,206,675 broker non-votes reported for those elections. Shareholders ratified CBIZ CPAs P.C. as the independent registered public accounting firm by a vote of 4,919,573 for, 36,254 against and 8,979 abstaining. A non-binding advisory resolution on executive compensation passed with 2,717,857 votes for, 22,289 against and 17,985 abstaining, with 2,206,675 broker non-votes.