Skip to main content

AMTECH SYSTEMS INC

For the period ended Jun 30, 2025. Filed Aug 6, 2025.

View on SEC.gov

About this filing

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.

Jun 30, 2025 · Filed Aug 6, 2025

ASYS$11.43+3.1%Stored close · as of Nov 6, 2026
See the whole filing, with its images and exhibits

Cover page

Show cover page

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

(Mark One)

☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended: June 30,2025

OR

☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from ________________ to ________________

Commission File Number:0-11412

AMTECH SYSTEMS, INC.

(Exact name of registrant as specified in its charter)

Arizona86-0411215
(State or other jurisdiction of(I.R.S. Employer
incorporation or organization)Identification No.)
58 South River Drive Suite 370, Tempe, Arizona85288
(Address of principal executive offices)(Zip Code)

Registrant’s telephone number, including area code:480-967-5146

Securities registered pursuant to Section 12(b) of the Act:

Title of each classTrading Symbol(s)Name of each exchange on which registered
Common Stock, par value $0.01 per shareASYSNASDAQ Global Select Market

Indicate by a check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. ☒Yes ☐ No

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). ☒Yes ☐ No

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.:

Large Accelerated Filer☐Accelerated Filer☒
Non-Accelerated Filer☐Smaller Reporting Company☒
Emerging Growth Company☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☐ No☒

At August 1, 2025, there were outstanding 14,313,963 shares of Common Stock.

TABLE OFCONTENTS

Page
Cautionary Statement Regarding Forward-Looking Statements3
PART I. FINANCIAL INFORMATION4
Item 1. Condensed Consolidated Financial Statements4
Condensed Consolidated Balance Sheets June 30, 2025 (Unaudited) and September 30, 20244
Condensed Consolidated Statements of Operations (Unaudited) Three and Nine Months Ended June 30, 2025 and 20245
Condensed Consolidated Statements of Comprehensive Income (Loss) (Unaudited) Three and Nine Months Ended June 30, 2025 and 20246
Condensed Consolidated Statements of Shareholders’ Equity (Unaudited) Three and Nine Months Ended June 30, 2025 and 20247
Condensed Consolidated Statements of Cash Flows (Unaudited) Nine Months Ended June 30, 2025 and 20248
Notes to Condensed Consolidated Financial Statements (Unaudited)9
Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations22
Overview22
Results of Operations23
Liquidity and Capital Resources27
Off-Balance Sheet Arrangements28
Contractual Obligations28
Critical Accounting Estimates28
Impact of Recently Issued Accounting Pronouncements28
Item 3. Quantitative and Qualitative Disclosures About Market Risk29
Item 4. Controls and Procedures29
PART II. OTHER INFORMATION30
Item 1. Legal Proceedings30
Item 1A. Risk Factors30
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds30
Item 3. Defaults Upon Senior Securities30
Item 4. Mine Safety Disclosures30
Item 5. Other Information30
Item 6. Exhibits31
SIGNATURES32
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.