CVD Equipment Corporation filings document material events, operating results, shareholder voting matters, and governance disclosures for a Nasdaq-listed equipment manufacturer. Recent Form 8-K reports include results of operations and financial condition, as well as the completed disposition of the Stainless Design Concepts business division and related asset-sale and facility-lease disclosures.
The company’s proxy materials and annual meeting reports cover board elections, auditor ratification, advisory executive-compensation votes, and other shareholder matters. Its filings provide formal records for corporate actions, financial reporting updates, material agreements, and governance procedures tied to CVD’s chemical vapor deposition, thermal processing, and physical vapor transport equipment business.
CVD Equipment Corp received an amended Schedule 13G filing reflecting a significant but passive ownership position in its common stock. Investment entity Leviticus Partners LP and managing member Adam M. Hutt report beneficial ownership of 345,873 shares of CVD Equipment common stock. Item 4 states this represents 4.98% of the outstanding class, with sole voting and sole dispositive power over all reported shares and no shared power.
The filer certifies that the securities were acquired and are held in the ordinary course of business and are not intended to change or influence control of CVD Equipment, and are not part of any control-related transaction other than activities solely in connection with a nomination under the specified proxy rule.
CVD Equipment Corporation (CVV) filed its Q3 2025 10‑Q, reporting revenue of $7.4 million and net income of $384 thousand, or $0.06 per diluted share. Gross margin improved to 32.7% from 21.5% as contract mix in the CVD Equipment segment improved, partly offset by lower MesoScribe revenues after that business ceased operations in 2024.
Year to date, revenue was $20.8 million with a net loss of $317 thousand. Cash and cash equivalents were $8.4 million at September 30, 2025. Bookings weakened: Q3 bookings were about $2.2 million and nine‑month bookings were about $9.5 million, while backlog declined to about $8.0 million from $13.2 million at June 30, 2025. Unrecognized contract revenue of approximately $5.3 million is expected to be recognized within 12 months under over‑time accounting.
On November 6, 2025, the Board approved a transformation strategy for the CVD Equipment division, targeting approximately $2.0 million in annual operating cost reductions, including a workforce reduction with about $0.1 million in severance. The plan also contemplates outsourced fabrication, revised sales channels, and exploration of strategic alternatives; the SDC division is not impacted.
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 (CVV) reported quarterly revenue of $5.11 million, down 19.4% from $6.35 million a year earlier, producing a gross profit of $1.07 million and a gross margin near 21% for the quarter. The company recorded a net loss of $1.06 million for the three months ended June 30, 2025. For the six months, revenue rose to $13.43 million, up 19.2% year-over-year, with gross profit improving to $3.77 million and a gross margin of 28.1%, while the six-month net loss narrowed to $0.70 million.
Liquidity and contract position show $7.0 million in cash and cash equivalents at June 30, 2025 (down from $12.6 million at year-end 2024), an order backlog of $13.2 million and unrecognized contract revenue of approximately $10.9 million expected to be recognized within 12 months. Material risks disclosed include significant customer concentration in receivables and revenue, potential inventory write-down risk for PVT 150/200 systems (~$0.4 million), and exposure to tariffs and geopolitical supply constraints. Management states existing cash plus expected collections and backlog should fund operations for at least the next 12 months.
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.
CVD Equipment Corp. director and reported 10% owner Andrew Africk received an automatic grant of 11,100 shares of common stock on 08/08/2025 under the company’s 2022 Share Incentive Plan as part of the Director Compensation Plan. The award was issued at no cash cost and raises his reported beneficial ownership to 1,317,615 shares. The grant vests in four quarterly installments on Sep 30, 2025; Dec 31, 2025; Mar 31, 2026; and Jun 30, 2026, provided he remains a director on each vesting date. The transaction is recorded as an acquisition (Code A).
CVD Equipment Corp. (CVV) director Lawrence Waldman acquired an automatic grant of 11,100 common shares on 08/08/2025 under the companys Director Compensation Plan and the 2022 Share Incentive Plan. The award was issued at $0, and the filing reports his direct beneficial ownership increased to 79,146 shares following the transaction.
The grant vests in four quarterly installments on 09/30/2025, 12/31/2025, 03/31/2026 and 06/30/2026, provided he remains a director on each vesting date. The transaction is reported with acquisition code "A" indicating an awarded/issued grant.
CVD Equipment Corp. director Debra Ann Wasser was issued an automatic grant of 11,100 common shares on 08/08/2025 under the company's previously disclosed Director Compensation Plan and the 2022 Share Incentive Plan. The shares were granted at no cash price and increase Ms. Wasser's direct beneficial ownership to 28,231 shares following the transaction.
The grant will vest in four quarterly tranches — on Sep 30, 2025, Dec 31, 2025, Mar 31, 2026 and Jun 30, 2026 — provided she remains a director on each vesting date. The filing reflects a routine director equity award consistent with disclosed compensation arrangements.
Lotfi Ashraf Wagih, a director of CVD Equipment Corp (CVV), received an automatic grant of 11,100 shares of common stock under the company’s Director Compensation Plan pursuant to the 2022 Share Incentive Plan. The shares were issued at a $0 price and increase his direct beneficial ownership to 28,736 shares.
The award vests in four quarterly installments on September 30, 2025, December 31, 2025, March 31, 2026, and June 30, 2026, provided he remains a director on each vesting date. The grant was disclosed on a Form 4 as an automatic director compensation award.