CVD Equipment Corp
NASDAQ:CVV
Income Statement
Earnings Waterfall
CVD Equipment Corp
Revenue
|
24.1m
USD
|
Cost of Revenue
|
-19m
USD
|
Gross Profit
|
5.1m
USD
|
Operating Expenses
|
-9.7m
USD
|
Operating Income
|
-4.6m
USD
|
Other Expenses
|
428k
USD
|
Net Income
|
-4.2m
USD
|
Income Statement
CVD Equipment Corp
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
18
N/A
|
19
+5%
|
20
+7%
|
24
+21%
|
28
+15%
|
33
+19%
|
38
+13%
|
39
+5%
|
39
-1%
|
34
-12%
|
28
-20%
|
22
-21%
|
21
-4%
|
26
+22%
|
33
+28%
|
39
+18%
|
41
+6%
|
41
-1%
|
36
-11%
|
29
-19%
|
24
-17%
|
19
-23%
|
17
-8%
|
19
+10%
|
20
+4%
|
22
+13%
|
21
-5%
|
19
-8%
|
17
-12%
|
14
-16%
|
15
+2%
|
15
+2%
|
16
+10%
|
18
+8%
|
20
+10%
|
23
+19%
|
26
+11%
|
30
+16%
|
29
-2%
|
27
-6%
|
24
-11%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(11)
|
(11)
|
(12)
|
(14)
|
(16)
|
(20)
|
(22)
|
(23)
|
(24)
|
(21)
|
(18)
|
(15)
|
(14)
|
(16)
|
(19)
|
(22)
|
(24)
|
(23)
|
(22)
|
(20)
|
(19)
|
(18)
|
(17)
|
(17)
|
(17)
|
(17)
|
(16)
|
(15)
|
(14)
|
(13)
|
(13)
|
(13)
|
(14)
|
(15)
|
(16)
|
(18)
|
(19)
|
(22)
|
(21)
|
(20)
|
(19)
|
|
Gross Profit |
7
N/A
|
8
+15%
|
8
+9%
|
10
+19%
|
12
+16%
|
14
+19%
|
15
+12%
|
16
+5%
|
15
-7%
|
13
-15%
|
9
-28%
|
7
-26%
|
7
+4%
|
10
+37%
|
14
+40%
|
17
+21%
|
18
+6%
|
17
-2%
|
14
-19%
|
9
-34%
|
5
-44%
|
1
-80%
|
0
-61%
|
2
+365%
|
3
+51%
|
5
+83%
|
5
+2%
|
4
-18%
|
3
-33%
|
1
-56%
|
2
+20%
|
2
+19%
|
3
+40%
|
3
+18%
|
4
+20%
|
5
+47%
|
7
+26%
|
8
+25%
|
8
-1%
|
7
-10%
|
5
-32%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(9)
|
(9)
|
(10)
|
(10)
|
(10)
|
(16)
|
(17)
|
(12)
|
(10)
|
(10)
|
(9)
|
(8)
|
(8)
|
(8)
|
(9)
|
(10)
|
(10)
|
(11)
|
(11)
|
(11)
|
(10)
|
(10)
|
(9)
|
(8)
|
(8)
|
(7)
|
(7)
|
(7)
|
(7)
|
(11)
|
(7)
|
(7)
|
(7)
|
(5)
|
(7)
|
(8)
|
(8)
|
(9)
|
(9)
|
(10)
|
(10)
|
|
Selling, General & Administrative |
(8)
|
(9)
|
(9)
|
(9)
|
(9)
|
(10)
|
(10)
|
(10)
|
(9)
|
(9)
|
(8)
|
(8)
|
(8)
|
(8)
|
(9)
|
(9)
|
(10)
|
(10)
|
(10)
|
(10)
|
(10)
|
(9)
|
(9)
|
(8)
|
(6)
|
(7)
|
(7)
|
(7)
|
(5)
|
(7)
|
(7)
|
(7)
|
(6)
|
(6)
|
(6)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
|
Research & Development |
(1)
|
0
|
(1)
|
0
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
(5)
|
(5)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
(2)
N/A
|
(1)
+45%
|
(2)
-89%
|
(0)
+96%
|
1
N/A
|
(3)
N/A
|
(1)
+54%
|
4
N/A
|
6
+26%
|
3
-49%
|
1
-74%
|
(2)
N/A
|
(1)
+12%
|
2
N/A
|
4
+185%
|
7
+53%
|
7
+9%
|
6
-11%
|
3
-50%
|
(2)
N/A
|
(5)
-241%
|
(9)
-66%
|
(9)
-2%
|
(6)
+29%
|
(5)
+21%
|
(2)
+54%
|
(2)
+18%
|
(3)
-60%
|
(4)
-39%
|
(10)
-126%
|
(6)
+38%
|
(5)
+8%
|
(5)
+12%
|
(2)
+64%
|
(4)
-123%
|
(3)
+27%
|
(2)
+35%
|
(1)
+43%
|
(1)
-20%
|
(2)
-89%
|
(5)
-95%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
1
|
1
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
(5)
|
0
|
0
|
(6)
|
(1)
|
0
|
(0)
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(4)
|
0
|
(1)
|
(1)
|
2
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
7
|
7
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
7
|
7
|
0
|
2
|
2
|
2
|
2
|
0
|
|
Pre-Tax Income |
(2)
N/A
|
(1)
+44%
|
(2)
-78%
|
(0)
+92%
|
(4)
-2 373%
|
(2)
+33%
|
(1)
+55%
|
(1)
-32%
|
5
N/A
|
3
-38%
|
0
-90%
|
(1)
N/A
|
(1)
+24%
|
2
N/A
|
4
+178%
|
7
+50%
|
7
+9%
|
6
-13%
|
3
-52%
|
(2)
N/A
|
(6)
-202%
|
(9)
-62%
|
(9)
-2%
|
(6)
+30%
|
(5)
+23%
|
(2)
+56%
|
(2)
+23%
|
(3)
-70%
|
(8)
-171%
|
(9)
-22%
|
(7)
+28%
|
1
N/A
|
5
+634%
|
5
+11%
|
3
-44%
|
(3)
N/A
|
(0)
+93%
|
1
N/A
|
0
-36%
|
(0)
N/A
|
(4)
-1 134%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
1
|
1
|
1
|
0
|
1
|
1
|
1
|
1
|
(1)
|
(1)
|
0
|
0
|
1
|
(0)
|
(1)
|
(2)
|
(1)
|
(1)
|
(0)
|
1
|
0
|
1
|
1
|
1
|
(1)
|
(0)
|
(1)
|
(1)
|
2
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
(0)
|
(0)
|
0
|
|
Income from Continuing Operations |
(1)
|
(0)
|
(1)
|
0
|
(2)
|
(2)
|
(0)
|
(0)
|
3
|
2
|
0
|
(1)
|
(0)
|
1
|
3
|
4
|
6
|
5
|
3
|
(1)
|
(5)
|
(8)
|
(8)
|
(6)
|
(6)
|
(2)
|
(2)
|
(3)
|
(6)
|
(9)
|
(7)
|
1
|
5
|
5
|
3
|
(3)
|
(0)
|
1
|
0
|
(0)
|
(4)
|
|
Net Income (Common) |
(1)
N/A
|
(0)
+30%
|
(1)
-168%
|
0
N/A
|
(2)
N/A
|
(2)
+38%
|
(0)
+73%
|
(0)
-12%
|
3
N/A
|
2
-32%
|
0
-84%
|
(1)
N/A
|
(0)
+72%
|
1
N/A
|
3
+147%
|
4
+50%
|
5
+18%
|
5
-9%
|
2
-54%
|
(2)
N/A
|
(5)
-208%
|
(8)
-53%
|
(8)
-1%
|
(6)
+30%
|
(6)
-12%
|
(2)
+61%
|
(2)
+10%
|
(3)
-52%
|
(6)
-80%
|
(9)
-52%
|
(7)
+28%
|
1
N/A
|
5
+666%
|
5
+11%
|
3
-44%
|
(3)
N/A
|
(0)
+93%
|
1
N/A
|
0
-37%
|
(0)
N/A
|
(4)
-1 094%
|
|
EPS (Diluted) |
-0.09
N/A
|
-0.06
+33%
|
-0.17
-183%
|
0.04
N/A
|
-0.4
N/A
|
-0.24
+40%
|
-0.06
+75%
|
-0.07
-17%
|
0.51
N/A
|
0.35
-31%
|
0.06
-83%
|
-0.08
N/A
|
-0.02
+75%
|
0.19
N/A
|
0.47
+147%
|
0.7
+49%
|
0.82
+17%
|
0.74
-10%
|
0.34
-54%
|
-0.26
N/A
|
-0.79
-204%
|
-1.22
-54%
|
-1.22
N/A
|
-0.85
+30%
|
-0.96
-13%
|
-0.38
+60%
|
-0.34
+11%
|
-0.51
-50%
|
-0.91
-78%
|
-1.39
-53%
|
-1
+28%
|
0.08
N/A
|
0.71
+788%
|
0.78
+10%
|
0.44
-44%
|
-0.44
N/A
|
-0.03
+93%
|
0.11
N/A
|
0.07
-36%
|
-0.05
N/A
|
-0.62
-1 140%
|