← Research LibraryThe BriefFY2025 10-K · headline figures audited against SEC data
American Shared Hospital Services remained loss-making and cash-negative, while debt defaults, going-concern doubt and a material weakness create an acute liquidity problem.
The read at a glance✓ Audited against SEC data
- Growth — Revenue declined 0.9%Watch
- Profitability — The company moved from net income of $2.186M to a net loss of $1.553MWatch
- Cash flow — Free cash flow remained negative, with the outflow narrowing from $7.771M to $4.536MOK
- Margins — Operating margin contracted 288 bps to -12.78%Watch
- Accounting — Going-concern warning, defaults and material weaknessWatch
- Insiders — 1 purchases and 0 salesOK
Business
American Shared Hospital Services provides Gamma Knife and advanced radiation-therapy systems and related turnkey services to hospitals.
Where the revenue comes from
Fiscal 2025, as AMERICAN SHARED HOSPITAL SERVICES reports it. History and quarterly detail are in the app.
- Direct Patient Services$15.5M
- Medical Equipment Leasing$12.6M
Leadership changes
From AMERICAN SHARED HOSPITAL SERVICES's own filings, the day they're filed.
- Craig K. Tagawa · CEO · appointmenteff. 2026-04-24
- Gary Delanois · Chief Executive Officer · departureeff. 2026-04-24
- R. Scott Frech · Chief Financial Officer · departureeff. 2024-12-19
Latest filings
- 8-K · Company announcement2026-08-13
- 10-Q · Quarterly report2026-08-13
- 8-K · Company announcement2026-07-28
- 8-K · Company announcement2026-07-13
- 8-K · Company announcement2026-06-30
In the full recordFree for 14 days
- What changed🔒
- Insider signal🔒
- Growth quality🔒
- Margins & accounting🔒
- Capital allocation🔒
- Real risks🔒
- The long arc🔒
- Company history🔒
- The filings, readable — with what changed vs the prior year highlighted🔒
- Full financial statements, industry-aware, sources cited throughout🔒
- Forensic score history & components — the trend, not one year🔒
- Ownership: insider buys/sells, clusters, activist stakes🔒
- Ana — ask about AMERICAN SHARED HOSPITAL SERVICES, every answer cited to the official filings🔒
Every figure comes from the company's filings, and analysis whose figures don't match SEC data is rejected before publication.
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