American Shared Hospital Services 8-K filings

American Shared Hospital Services announced a 19% year-over-year revenue increase to $8.4 million for Q2 2026, primarily fueled by its Direct Patient Services segment, though net losses widened.

American Shared Hospital Services (ASHS) has entered into a Third Amendment to its Credit Agreement and Forbearance Agreement with Fifth Third Bank, extending forbearance on certain defaults until June 30, 2027, and outlining new payment and operational terms.

American Shared Hospital Services announced the resignation of its CFO, Raymond S. Frech, effective July 7, 2026, and appointed Alexis N. Tirrito as interim CFO.

American Shared Hospital Services announced the results of its annual shareholder meeting, including the election of directors and approval of its Incentive Compensation Plan.

American Shared Hospital Services disclosed that its loan parties received a notice from Fifth Third Bank asserting multiple Events of Default under their Credit Agreement, including breaches of financial covenants and failure to make timely payments.

American Shared Hospital Services reported a 15.9% increase in first-quarter 2026 revenue, driven by expansion in direct patient services, with improved operating performance and higher gross margins.

American Shared Hospital Services CEO Gary Delanois has resigned, with President Craig K. Tagawa appointed as interim CEO.

American Shared Hospital Services reported a net loss for Q4 and Full Year 2025, alongside a significant cash decrease and a breach of debt covenants, despite operational expansions.

American Shared Hospital Services extends its proton beam radiation therapy system lease with Orlando Health for an additional seven years, outlining new payment terms and a purchase option.

American Shared Hospital Services announced its Q3 2025 financial statements are unreliable due to a significant debt misclassification and loan defaults.

American Shared Hospital Services received a default notice from Fifth Third Bank for failing to maintain minimum cash, leading to a suspension of its revolving loan commitment.

American Shared Hospital Services reported a 2.5% revenue increase and a 42.3% EBITDA growth for Q3 2025, driven by direct patient care services.

American Shared Hospital Services reported a Q2 2025 net loss of $280,000 despite a 16% sequential revenue increase, driven by growth in direct patient services and declines in equipment leasing.

American Shared Hospital Services has filed an amendment to its 8-K report, disclosing the new compensation package for its recently appointed Chief Executive Officer, Gary Delanois, including a base salary increase to $425,000 and eligibility for a performance bonus.

American Shared Hospital Services announced the results of its Annual Meeting, where shareholders re-elected all four director nominees, approved executive compensation, and ratified Baker Tilly US, LLP as its independent auditor for 2025.

American Shared Hospital Services has appointed Baker Tilly US, LLP as its new independent registered public accounting firm following the merger of its previous auditor, Moss Adams LLP, with Baker Tilly, while noting an un-remediated material weakness in internal controls.

American Shared Hospital Services (AMS) announced a 17% increase in revenue for Q1 2025, driven by strategic expansion and operational strength, particularly in direct patient services.

American Shared Hospital Services announces a 32.9% increase in revenue for FY 2024 and the appointment of Gary Delanois as CEO, effective April 3, 2025.

American Shared Hospital Services secures a $7 million loan to finance acquisitions and capital expenditures, appoints a new CFO, and receives approval for a proton therapy center in Rhode Island.

American Shared Hospital Services saw a 36.3% increase in revenue in the third quarter of 2024, driven by recent acquisitions, but experienced a decrease in profitability due to increased operating costs and lower Gamma Knife treatment volumes.

American Shared Hospital Services has appointed Gary Delanois as Chief Operating Officer and promoted Ranjit Pradhan to Senior Vice President of Sales and Marketing.

American Shared Hospital Services announced a 27% year-over-year revenue increase in Q2 2024, boosted by a strategic acquisition and growth in international operations.

American Shared Hospital Services is unable to provide required financial information for its recent acquisition of two cancer centers due to unreliable data from the seller's bankruptcy proceedings, leading to potential regulatory delays.

American Shared Hospital Services held its annual meeting on June 25, 2024, where shareholders elected four directors and approved executive compensation and the ratification of the independent accounting firm.

American Shared Hospital Services announced a record projected revenue backlog of $210 million, more than doubling after acquiring Rhode Island Radiation Therapy Cancer Centers, alongside a 5.9% revenue increase in Q1 2024.

American Shared Hospital Services has finalized the acquisition of a 60% stake in three Rhode Island cancer centers, significantly increasing its revenue backlog and expanding its U.S. footprint.

American Shared Hospital Services has appointed a new CEO and COO following the recent death of their former CEO, Peter Gaccione.

American Shared Hospital Services announced a 13.1% increase in revenue for the fourth quarter of 2023, driven by growth in proton therapy and strategic expansions.

American Shared Hospital Services announces the passing of its founder, Dr. Ernest A. Bates, a pioneering neurosurgeon and philanthropist.

American Shared Hospital Services has entered into a $2.7 million loan agreement to fund capital expenditures in Puebla, Mexico, and related transaction costs.