AMERICAN SHARED HOSPITAL SERVICES · Medical Laboratories

AMS

High riskNext report: Around Nov 12 (est.)

View price ↗

The short version

A company still losing money with growing sales. Institutions are trimming.

Going well

Sales up 19% in the latest quarter vs a year ago

Watch out for

Losing money
Bills due within a year exceed short-term assets

Money moves

No insider buying or selling in the last 30 days
Institutions cut 49% from their holdings in the quarter ending June 2026 (7 bought, 10 sold)

Facts from SEC filings, not a recommendation.

The business over time

Last 12 quarters, from SEC filings

Sales, Jun '26

$8.4M+19% vs a year earlier

Sep '23Tap a barJun '26

Last 12 months: $30.4M, up 4.0% from the 12 months before. Over 5 years, sales grew about 9.5% a year.

Price

Price chart by TradingView.

Business quality

The checklist Warren Buffett-style investors use. Annual numbers for 2025.

0/7Weak

MissReturn on equity 15%+Earns a lot on the money owners have in the business.-6.3%
MissDebt under half of equityNot relying on borrowed money.0.72x equity
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.-5.5%
MissProfitable every yearSteady profits, not one good year.8 of 10 years
MissFree cash flow positiveBrings in more cash than it spends to run and grow.-$4.5M
MissShare count not growingNot diluting owners. Falling means buybacks.+5.0% in 3 years
MissGross margin 40%+Pricing power: sells for well above what it costs to make.18.0%

Revenue: $28.1M; -0.9% vs prior year
5-year growth: +9.5%/yr; revenue, per year
Total debt: $17.4M; 0.72x equity
Current ratio: 0.76x; short-term assets / bills due

From annual reports filed with the SEC. A checklist is a starting point for research, not a verdict.

Latest quarter

Quarter ended Jun 30, 2026

Reported Aug 13

Revenue: $8.4M; +19.2% YoY
EPS: -$0.07; vs -$0.04
Op. margin: -10.8%; -3.1 pts
Gross margin: 17.0%; -6.1 pts
Free cash flow: $2.2M
Share count: +4.4%; vs a year ago

Insider rating

Last 90 days

No open-market insider buys or sells in the last 90 days.

Weekly insider trend

No trades to chart yet.

Filing buzz

Last 7 days vs normal

0/ 100

This week: 0
Normal week: 0.4
vs normal: 0.0x

SEC filings of any kind. 50 means a normal week.

Institutional ownership

Distributing-49.0%

Institutions cut 49.0% from their holdings. 7 bought, 10 sold.

Shares held by institutions506K

Sep '24Jun '26

Safety check

From SEC filings

Share count growthYearly rate, last 3 years

+2.1%

Cash runwayAt last year's cash burn

Cash flow positive

Debt to equityLatest balance sheet: debt compared with what owners have

0.7x · $16.2M debt

Shares outstandingLatest reported

Why high risk

Losing money
Bills due within a year exceed short-term assets
1 offering filing in 6 months (may sell new shares)
Past financials no longer reliable

Earnings reports

Last 12

Next reportAround Nov 12 (est.)Estimated from the same quarter last year

Results filedAug 13
Results filedMay 14
Results filedMar 31
Results filedNov 13, 2025
Results filedAug 13, 2025

Flags and big holders

Offerings 6 months, flags 12 months, holders 90 days

5%+ holder update (active)Jul 30 · View filing ↗Activist Major agreementJul 28 · View filing ↗Offering Past financials no longer reliableJan 2 · View filing ↗Red flag

Insider trades

Open-market buys and sells, last 90 days

No open-market buys or sells in 90 days. Grants and option exercises are left out.

"Owns after" is the insider's holding right after the trade. Pre-planned (10b5-1) sales are set up months ahead, a weaker signal.

Latest filings

Straight from SEC EDGAR

Earnings resultsAug 13 · Form 8-K ↗Quarterly reportAug 13 · Form 10-Q ↗5%+ holder update (active)Jul 30 · Form SCHEDULE 13D/A ↗Major agreementJul 28 · Form 8-K ↗

Stock awardRaymond C StachowiakExecutive Chairman, Director, 10% owner

220,000 shares

Now owns 220,000 shares
Exercise price $1.45
Warrant (right to buy)
Held by RCS/TIG Holdings LLC
Filed 2 days after trade

Jul 22Form 4 ↗

New insiderJul 16 · Form 3 ↗Leadership changeJul 13 · Form 8-K ↗Leadership changeJun 30 · Form 8-K ↗5%+ holder update (active)Jun 25 · Form SCHEDULE 13D/A ↗

BoughtRaymond C StachowiakExecutive Chairman, Director, 10% owner

586,468 shares at $2.28 · $1.3M

New position
Now owns 586,468 shares
Held by RCS/TIG Holdings LLC
Filed 2 days after trade

Jun 22Form 4 ↗

5%+ holder update (active)Jun 23 · Form SCHEDULE 13D/A ↗Current reportJun 4 · Form 8-K ↗Earnings resultsMay 14 · Form 8-K ↗Quarterly reportMay 14 · Form 10-Q ↗DEFA14AMay 7 · Form DEFA14A ↗

Source: SEC EDGAR filings. For informational purposes. Not investment advice.

Report a problem with this page