CVD EQUIPMENT CORP

New language

A performance obligation is a promise in a contract to transfer a distinct product or service to a customer and is the unit of account under ASC 606, “Revenue from Contracts with Customers”., For any system equipment sales where the equipment would have an alternative use or where the contract provisions of the contract preclude the use of over time revenue recognition, revenue is recognized at the point in time when control of the equipment is transferred to the customer., For the three and nine months ended September 30, 2026 and 2025, all system equipment sales were recorded over time by using an input method except one contract that was entered into during 2024 and was not recognized as revenue using over time revenue recognition until July 2025 when a contract modification was…

Prior filed

2026-08-12

Prior form

10-Q

Similarity

0.0

Source

revenue recognition note comparison

Threshold

0.6

Why

The revenue recognition policy disclosure changed materially from the previous comparable filing.

Language present now, absent from the prior filing:

• A performance obligation is a promise in a contract to transfer a distinct product or service to a customer and is the unit of account under ASC 606, “Revenue from Contracts with Customers”.
• For any system equipment sales where the equipment would have an alternative use or where the contract provisions of the contract preclude the use of over time revenue recognition, revenue is recognized at the point in time when control of the equipment is transferred to the customer.
• For the three and nine months ended September 30, 2026 and 2025, all system equipment sales were recorded over time by using an input method except one contract that was entered into during 2024 and was not recognized as revenue using over time revenue recognition until July 2025 when a contract modification was…