AMERICAN SHARED HOSPITAL SERVICES (AMS) Form 10-Q — May 14, 2026
American Shared Hospital Services reported a net loss of $612,000 for the first quarter of 2026, driven by higher operating costs in its direct patient services segment despite a 16% increase in total revenue to $7.1 million. The company disclosed substantial doubt about its ability to continue as a going concern after failing to repay its $22 million credit facility with Fifth Third Bank upon maturity on April 9, 2026, and remaining in default of multiple financial covenants.
Key figures
- Revenue
- 7084000
- Total Debt
- 16843000
- Total Assets
- 54725000
- Cash Position
- 4973000
- Shares Outstanding
- 6625000
Price after filing
Close on the filing date to close N calendar days later (from $1.58). Historical, not a forecast.
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