CVD Equipment Corporation (CVV) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
355 S. TECHNOLOGY DRIVE CENTRAL ISLIP, NY 11722 |
| State of Incorp. | NY |
| Fiscal Year End | December 31 |
| Industry (SIC) | 3559 - Special Industry Machinery, Not Elsewhere Classified (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 14,025 | 14,365 | 16,651 | 7,699 | 8,664 | 11,439 | |||
| Cash and cash equivalent | 14,025 | 14,365 | 16,651 | 7,699 | 8,664 | 11,439 | |||
| Receivables | 1,906 | 3,788 | 2,162 | 1,763 | 2,546 | 4,065 | |||
| Inventory, net of allowances, customer advances and progress billings | 4,454 | 2,538 | 1,225 | 1,124 | 1,710 | 1,862 | |||
| Inventory | 4,454 | 2,538 | 1,225 | 1,124 | 1,710 | 1,862 | |||
| Contract with customer, asset, after allowance for credit loss | 1,604 | 2,170 | 2,538 | 494 | 513 | 1,358 | |||
| Other current assets | 852 | 797 | 494 | 709 | 733 | 723 | |||
| Total current assets: | 22,841 | 23,658 | 23,071 | 11,790 | 14,166 | 19,447 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 12,166 | 12,596 | 12,261 | 28,844 | 32,102 | 30,403 | |||
| Intangible assets, net (including goodwill) | 9 | 119 | 183 | 289 | 441 | 496 | |||
| Intangible assets, net (excluding goodwill) | 9 | 119 | 183 | 289 | 441 | 496 | |||
| Other noncurrent assets | 9 | 10 | 10 | 14 | 14 | 65 | |||
| Deferred tax assets, net | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 2,104 | ||
| Other undisclosed noncurrent assets | 1,529 | ||||||||
| Total noncurrent assets: | 12,184 | 14,254 | 12,454 | 29,146 | 32,557 | 33,067 | |||
| TOTAL ASSETS: | 35,025 | 37,912 | 35,524 | 40,936 | 46,723 | 52,515 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 2,968 | 4,045 | 2,920 | 2,227 | 2,438 | 2,217 | |||
| Accounts payable | 1,203 | 1,454 | 1,161 | 818 | 535 | 713 | |||
| Accrued liabilities | 1,765 | 2,591 | 1,759 | 1,409 | 1,903 | 1,503 | |||
| Deferred revenue | 4,908 | 4,042 | 1,650 | 787 | 2,275 | ✕ | |||
| Debt | 81 | 77 | 1,766 | 691 | 675 | 858 | |||
| Contract with customer, liability | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 537 | ||
| Other undisclosed current liabilities | 597 | 460 | |||||||
| Total current liabilities: | 8,554 | 8,164 | 6,336 | 3,704 | 5,388 | 4,071 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 268 | 349 | 13,106 | 11,377 | 12,052 | ||||
| Long-term debt, excluding current maturities | 268 | 349 | 13,106 | 11,377 | 12,052 | ||||
| Total noncurrent liabilities: | 268 | 349 | 13,106 | 11,377 | 12,052 | ||||
| Total liabilities: | 8,822 | 8,513 | 6,336 | 16,810 | 16,765 | 16,122 | |||
| Equity | |||||||||
| Equity, attributable to parent | 26,203 | 29,399 | 29,188 | 24,126 | 29,958 | 36,392 | |||
| Common stock | 68 | 67 | 67 | 67 | 66 | 65 | |||
| Additional paid in capital | 28,695 | 27,712 | 27,277 | 26,962 | 26,720 | 26,148 | |||
| Retained earnings (accumulated deficit) | (2,560) | 1,620 | 1,844 | (2,903) | 3,172 | 10,179 | |||
| Total equity: | 26,203 | 29,399 | 29,188 | 24,126 | 29,958 | 36,392 | |||
| TOTAL LIABILITIES AND EQUITY: | 35,025 | 37,912 | 35,524 | 40,936 | 46,723 | 52,515 | |||
Income Statement (P&L) ($ in thousands)
| 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 24,109 | 25,813 | 16,447 | 16,920 | 19,647 | 24,334 | ||
| Cost of revenue | (19,038) | (19,186) | (13,908) | (14,038) | (16,850) | (19,156) | ||
| Gross profit: | 5,071 | 6,627 | 2,539 | 2,882 | 2,797 | 5,178 | ||
| Operating expenses | (9,952) | (8,450) | (7,346) | (10,706) | (7,781) | (10,433) | ||
| Operating loss: | (4,881) | (1,823) | (4,807) | (7,824) | (4,985) | (5,255) | ||
| Nonoperating income | 687 | 82 | 506 | 666 | 965 | 160 | ||
| Investment income, nonoperating | 577 | 162 | 6 | 63 | 554 | 160 | ||
| Gain (loss), foreign currency transaction, before tax | 42 | (95) | ||||||
| Other nonoperating income | 91 | 15 | 500 | 603 | 411 | |||
| Interest and debt expense | (23) | (8) | 2,182 | (444) | (483) | (463) | ||
| Loss from continuing operations before equity method investments, income taxes: | (4,217) | (1,749) | (2,119) | (7,602) | (4,503) | (5,558) | ||
| Other undisclosed income (loss) from continuing operations before income taxes | 23 | 1,529 | 6,894 | (411) | ||||
| Income (loss) from continuing operations before income taxes: | (4,194) | (220) | 4,775 | (7,602) | (4,914) | (5,558) | ||
| Income tax expense (benefit) | 14 | (4) | (28) | 1,527 | (1,414) | 357 | ||
| Income (loss) from continuing operations: | (4,180) | (224) | 4,746 | (6,075) | (6,328) | (5,201) | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | 4,746 | (6,075) | (6,328) | (5,201) | |
| Net income (loss) available to common stockholders, diluted: | (4,180) | (224) | 4,746 | (6,075) | (6,328) | (5,201) | ||
Comprehensive Income ($ in thousands)
| 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (4,180) | (224) | 4,746 | (6,075) | (6,328) | (5,201) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (4,180) | (224) | 4,746 | (6,075) | (6,328) | (5,201) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.