AMTECH SYSTEMS INC
For the period ended Dec 31, 2023. Filed Feb 9, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Dec 31, 2023 · Filed Feb 9, 2024
ASYS$12.06+0.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations (Unaudited)
Condensed Consolidated Statements of Operations
(in thousands, except per share data)
| Three Months Ended December 31, | ||
|---|---|---|
| 2023 | 2022 | |
| Revenues, net | $24,920 | $21,558 |
| Cost of sales | 15,852 | 13,255 |
| Intangible asset impairment | 849 | — |
| Gross profit | 8,219 | 8,303 |
| Selling, general and administrative | 8,567 | 9,190 |
| Research, development and engineering | 1,588 | 1,393 |
| Goodwill impairment | 6,370 | — |
| Intangible asset impairment | 430 | — |
| Severance expense | 198 | 400 |
| Operating loss | (8,934) | (2,680) |
| Interest income | 19 | 290 |
| Interest expense | (198) | (2) |
| Foreign currency loss | (187) | (347) |
| Other | - | (9) |
| Loss before income tax provision | (9,300) | (2,748) |
| Income tax provision (benefit) | 58 | (4) |
| Net loss | $(9,358) | $(2,744) |
| Loss Per Share: | ||
| Net loss per basic share | $(0.66) | $(0.20) |
| Net loss per diluted share | $(0.66) | $(0.20) |
| Weighted average shares outstanding: | ||
| Basic | 14,188 | 14,008 |
| Diluted | 14,188 | 14,008 |
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