false
0000814676
0000814676
2023-08-02
2023-08-02
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
Current Report
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): August 2, 2023
CPS TECHNOLOGIES CORP.
(Exact Name of Registrant as Specified in its Charter)
|
Delaware
|
0-16088
|
04-2832509
|
|
(State or other jurisdiction of incorporation)
|
(Commission File Number)
|
(IRS Employer Identification No.)
|
| |
|
|
111 South Worcester Street, Norton, Massachusetts
|
02766
|
|
(Address of principal executive offices)
|
(Zip Code)
|
| |
|
|
Registrant’s telephone number, including area code
|
508-222-0614
|
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
|
☐
|
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
|
|
☐
|
Soliciting material pursuant to Rule 14a-12 under the exchange Act (17 CFR 240.14a-12)
|
|
☐
|
Pre-commencement communications pursuant to rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
|
|
☐
|
Pre-commencement communications pursuant to Rule 13e-4( c)) under the Exchange Act (17 CFR 240.13e-4(c)).
|
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
☐ Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Securities registered pursuant to Section 12(b) of the Act:
|
Title of each class
|
Trading Symbol(s)
|
Name of each exchange on which registered
|
|
Common Stock, $0.01 par value
|
CPSH
|
Nasdaq Capital Market
|
Item 2.02 Results of Operations and Financial Condition
On August 2, 2023, the Company issued a press release announcing its financial results for the quarter ended July 1, 2023. A copy of the press release is attached hereto as Exhibit 99 and is incorporated herein in its entirety by reference.
The information in this Item 2.02, including Exhibit 99.1 attached hereto, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (The “Exchange Act”) or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such a filing.
Cautionary Note Regarding Forward-Looking Statements.
Except for historical information contained in the press release attached as an exhibit hereto, the press release contains forward-looking statements which involve certain risks and uncertainties that could cause actual results to differ materially from those expressed or implied by these statements. Please refer to the cautionary note in the press release regarding these forward-looking statements.
Item 8.01 Other Events
Exhibit 99.2 is incorporated herein in its entirety by reference.
Item 9.01 Financial Statements and Exhibits
|
EXHIBIT
NUMBER
|
DESCRIPTION
|
|
99.1
|
|
|
99.2
|
|
|
104
|
Cover Page Interactive Data File (embedded within the Inline XBRL document)
|
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
|
CPS Technologies Corp.
(Registrant)
|
|
Date: August 3, 2023
|
/s/ Charles K. Griffith, Jr.
Charles K. Griffith Jr.
Chief Financial Officer
|
Exhibit 99.1
FOR RELEASE: IMMEDIATE
CPS Technologies Corporation Announces Second Quarter 2023 Financial Results
Record Revenue of $7.4 Million; Strong Outlook Continues; New CEO Poised to Take Helm
Norton, Massachusetts – August 2, 2023 – CPS Technologies Corporation (NASDAQ:CPSH) (“CPS” or the “Company”) today announced financial results for the fiscal second quarter ended July 1, 2023.
Second Quarter Highlights
| |
●
|
Revenue of $7.4 million for the second quarter of 2023 versus $7.1 million in the prior-year period
|
| |
●
|
Gross margin of 29.6 percent, up 370 basis points from the second quarter of 2022
|
| |
●
|
Operating profit of $0.7 million for the quarter ended July 1, 2023, slightly higher than the prior-year period
|
“Fiscal 2023 continues to play out as expected, with solid top line growth and improved bottom line results,” said Chuck Griffith, CFO and acting President. “Revenue rose 5% year-over-year, to a record $7.4 million, and our gross margin increased 370 basis points versus the second quarter of 2022. In addition, our trailing twelve month book-to-bill ratio remains strong at 108%, as we execute a strategy of penetrating new customers and markets to accelerate growth going forward.
“At the same time, and as recently announced, the Company selected seasoned industry veteran – and retired officer of the US Army Corps of Engineers – Brian Mackey as the Company’s new president and chief executive officer. His leadership and business acumen are anticipated to bolster our expansion plans in the quarters and years to come, unlocking the value of our innovative technology and unique applications. With Brian at the helm, and a strong book of business in hand, we look forward to driving the Company to higher growth and improved financial returns.”
Results of Operations
CPS reported revenue of $7.4 million for the second quarter of fiscal 2023 versus $7.1 million in the prior-year period, reflecting higher product shipments. Gross profit rose to $2.2 million, or 29.6 percent of revenue, from $1.8 million, or 25.9 percent of revenue, in the fiscal 2022 second quarter. The higher gross margin year-over-year reflects increased operating leverage and improved product mix.
Operating profit was $0.7 million in the fiscal 2023 second quarter, slightly higher than the prior-year period. Reported net income was $0.6 million, or $0.04 per diluted share, versus $0.5 million, or $0.03 per diluted share, in the quarter ended July 2, 2022.
Conference Call
The Company will be hosting its second quarter 2023 earnings call at 9:00 am on Thursday, August 3. Those interested in participating in the conference call should dial the following:
Call in Number: 1-844-943-2942
Participant Passcode: 281331
The Company encourages those who wish to participate to call in 10 minutes before the scheduled start time to ensure the operator can connect all participants.
Page 2
About CPS
CPS is a technology and manufacturing leader in producing high-performance energy management components that facilitate the electrification of the economy. Our products and intellectual property include critical pieces of the technology puzzle for electric trains and subway cars, wind turbines, hybrid vehicles, electric vehicles, the smart electric grid, 5G infrastructure, and others. CPS' armor products provide exceptional ballistic protection and environmental durability at a very lightweight. CPS is committed to innovation and to supporting our customers in building solutions to this planet's problems.
Safe Harbor
Statements made in this document that are not historical facts or which apply prospectively, including those relating to 2023 financial results, are forward-looking statements that involve risks and uncertainties. These forward-looking statements are identified by the use of terms and phrases such as "will," "intends," "believes," "expects," "plans," "anticipates" and similar expressions. Investors should not rely on forward looking statements because they are subject to a variety of risks and uncertainties and other factors that could cause actual results to differ materially from the company's expectation. Additional information concerning risk factors is contained from time to time in the company's SEC filings, including its Annual Report on Form 10-K and other periodic reports filed with the SEC. Forward-looking statements contained in this press release speak only as of the date of this release. Subsequent events or circumstances occurring after such date may render these statements incomplete or out of date. The company expressly disclaims any obligation to update the information contained in this release.
CPS Technologies Corporation
111 South Worcester Street
Norton, MA 02766
www.cpstechnologysolutions.com
Investor Relations:
Chris Witty
646-438-9385
cwitty@darrowir.com
Page 3
CPS TECHNOLOGIES CORPORATION
Statements of Operations (Unaudited)
| |
|
Three Months Ended
|
|
|
Six Months Ended
|
|
| |
|
July 1,
|
|
|
July 2,
|
|
|
July 1,
|
|
|
July 2,
|
|
| |
|
2023
|
|
|
2022
|
|
|
2023
|
|
|
2022
|
|
|
Revenues:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Product sales
|
|
$ |
7,418,138 |
|
|
$ |
7,070,743 |
|
|
$ |
14,518,405 |
|
|
$ |
13,723,457 |
|
|
Total revenues
|
|
$ |
7,418,138 |
|
|
$ |
7,070,743 |
|
|
$ |
14,518,405 |
|
|
$ |
13,723,457 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cost of product sales
|
|
|
5,221,880 |
|
|
|
5,242,106 |
|
|
|
10,077,444 |
|
|
|
9,931,330 |
|
|
Gross Margin
|
|
|
2,196,259 |
|
|
|
1,828,637 |
|
|
|
4,440,961 |
|
|
|
3,792,127 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Selling, general, and administrative expense
|
|
|
1,465,349 |
|
|
|
1,159,157 |
|
|
|
3,015,871 |
|
|
|
2,575,550 |
|
|
Income from operations
|
|
|
730,910 |
|
|
|
669,480 |
|
|
|
1,425,090 |
|
|
|
1,216,577 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest/Other income (expense)
|
|
|
79,652 |
|
|
|
1,594 |
|
|
|
95,242 |
|
|
|
(319 |
) |
|
Net income before income tax
|
|
|
810,562 |
|
|
|
671,074 |
|
|
|
1,520,332 |
|
|
|
1,216,258 |
|
|
Income tax provision (benefit)
|
|
|
210,058 |
|
|
|
215,966 |
|
|
|
460,628 |
|
|
|
341,714 |
|
|
Net income
|
|
$ |
600,503 |
|
|
$ |
455,108 |
|
|
$ |
1,059,704 |
|
|
$ |
874,544 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Wtd. Avg. basic common shares outstanding - diluted
|
|
|
14,621,929 |
|
|
|
14,708,646 |
|
|
|
14,630,765 |
|
|
|
14,682,516 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net income per basic common share
|
|
$ |
0.04 |
|
|
$ |
0.03 |
|
|
$ |
0.07 |
|
|
$ |
0.06 |
|
Page 4
|
CPS TECHNOLOGIES CORPORATION
|
|
BALANCE SHEET (UNAUDITED)
|
| |
|
July 1,
|
|
|
December 31,
|
|
| |
|
2023
|
|
|
2022
|
|
| ASSETS |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
Current assets:
|
|
|
|
|
|
|
|
|
|
Cash and cash equivalents
|
|
$ |
8,681,225 |
|
|
$ |
8,266,753 |
|
|
Accounts receivable-trade, net
|
|
|
5,074,559 |
|
|
|
3,777,975 |
|
|
Accounts Receivable - other
|
|
|
74,639 |
|
|
|
685,668 |
|
|
Inventories, net
|
|
|
4,813,753 |
|
|
|
4,875,901 |
|
|
Prepaid expenses and other current assets
|
|
|
288,315 |
|
|
|
211,242 |
|
| Total current assets |
|
|
18,932,491 |
|
|
|
17,817,539 |
|
|
Net property and equipment
|
|
|
1,507,578 |
|
|
|
1,326,968 |
|
| |
|
|
|
|
|
|
|
|
|
Right-of-use lease asset
|
|
|
400,000 |
|
|
|
466,000 |
|
|
Deferred taxes, net
|
|
|
1,664,032 |
|
|
|
2,069,436 |
|
|
Total Assets
|
|
$ |
22,504,101 |
|
|
$ |
21,679,943 |
|
|
LIABILITIES AND STOCKHOLDERS’ EQUITY
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
Current liabilities:
|
|
|
|
|
|
|
|
|
|
Note payable, current portion
|
|
|
56,681 |
|
|
|
43,711 |
|
|
Accounts payable
|
|
|
2,359,532 |
|
|
|
1,836,865 |
|
|
Accrued expenses
|
|
|
861,514 |
|
|
|
820,856 |
|
|
Deferred revenue
|
|
|
1,828,068 |
|
|
|
2,521,128 |
|
|
Lease liability, current portion
|
|
|
158,000 |
|
|
|
157,000 |
|
|
Total current liabilities
|
|
|
5,263,795 |
|
|
|
5,379,560 |
|
|
Note payable less current portion
|
|
|
20,437 |
|
|
|
54,847 |
|
|
Deferred revenue – long term
|
|
|
31,277 |
|
|
|
231,020 |
|
|
Long term lease liability
|
|
|
242,000 |
|
|
|
309,000 |
|
|
Total liabilities
|
|
|
5,557,509 |
|
|
|
5,974,427 |
|
| |
|
|
|
|
|
|
|
|
|
Total stockholders’ equity
|
|
|
16,946,592 |
|
|
|
15,705,516 |
|
|
Total liabilities and stockholders’ equity
|
|
$ |
22,504,101 |
|
|
$ |
21,679,943 |
|
Exhibit 99.2
CPS TECHNOLOGIES CORPORATION
Statements of Operations (Unaudited)
| |
|
Three Months Ended
|
|
|
Six Months Ended
|
|
| |
|
July 1,
|
|
|
July 2,
|
|
|
July 1,
|
|
|
July 2,
|
|
| |
|
2023
|
|
|
2022
|
|
|
2023
|
|
|
2022
|
|
|
Revenues:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Product sales
|
|
$ |
7,418,138 |
|
|
$ |
7,070,743 |
|
|
$ |
14,518,405 |
|
|
$ |
13,723,457 |
|
|
Total revenues
|
|
$ |
7,418,138 |
|
|
$ |
7,070,743 |
|
|
$ |
14,518,405 |
|
|
$ |
13,723,457 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cost of product sales
|
|
|
5,221,880 |
|
|
|
5,242,106 |
|
|
|
10,077,444 |
|
|
|
9,931,330 |
|
|
Gross Margin
|
|
|
2,196,259 |
|
|
|
1,828,637 |
|
|
|
4,440,961 |
|
|
|
3,792,127 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Selling, general, and administrative expense
|
|
|
1,465,349 |
|
|
|
1,159,157 |
|
|
|
3,015,871 |
|
|
|
2,575,550 |
|
|
Income from operations
|
|
|
730,910 |
|
|
|
669,480 |
|
|
|
1,425,090 |
|
|
|
1,216,577 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest/Other income (expense)
|
|
|
79,652 |
|
|
|
1,594 |
|
|
|
95,242 |
|
|
|
(319 |
) |
|
Net income before income tax
|
|
|
810,562 |
|
|
|
671,074 |
|
|
|
1,520,332 |
|
|
|
1,216,258 |
|
|
Income tax provision (benefit)
|
|
|
210,058 |
|
|
|
215,966 |
|
|
|
460,628 |
|
|
|
341,714 |
|
|
Net income
|
|
$ |
600,503 |
|
|
$ |
455,108 |
|
|
$ |
1,059,704 |
|
|
$ |
874,544 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Wtd. Avg. basic common shares outstanding - diluted
|
|
|
14,621,929 |
|
|
|
14,708,646 |
|
|
|
14,630,765 |
|
|
|
14,682,516 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net income per basic common share
|
|
$ |
0.04 |
|
|
$ |
0.03 |
|
|
$ |
0.07 |
|
|
$ |
0.06 |
|
Page 2
|
CPS TECHNOLOGIES CORPORATION
|
|
BALANCE SHEET (UNAUDITED)
|
| |
|
July 1,
|
|
|
December 31,
|
|
| |
|
2023
|
|
|
2022
|
|
| |
|
|
|
|
|
|
|
|
|
Current assets:
|
|
|
|
|
|
|
|
|
|
Cash and cash equivalents
|
|
$ |
8,681,225 |
|
|
$ |
8,266,753 |
|
|
Accounts receivable-trade, net
|
|
|
5,074,559 |
|
|
|
3,777,975 |
|
|
Accounts Receivable - other
|
|
|
74,639 |
|
|
|
685,668 |
|
|
Inventories, net
|
|
|
4,813,753 |
|
|
|
4,875,901 |
|
|
Prepaid expenses and other current assets
|
|
|
288,315 |
|
|
|
211,242 |
|
| Total current assets |
|
|
18,932,491 |
|
|
|
17,817,539 |
|
|
Net property and equipment
|
|
|
1,507,578 |
|
|
|
1,326,968 |
|
| |
|
|
|
|
|
|
|
|
|
Right-of-use lease asset
|
|
|
400,000 |
|
|
|
466,000 |
|
|
Deferred taxes, net
|
|
|
1,664,032 |
|
|
|
2,069,436 |
|
|
Total Assets
|
|
$ |
22,504,101 |
|
|
$ |
21,679,943 |
|
|
LIABILITIES AND STOCKHOLDERS’ EQUITY
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
Current liabilities:
|
|
|
|
|
|
|
|
|
|
Note payable, current portion
|
|
|
56,681 |
|
|
|
43,711 |
|
|
Accounts payable
|
|
|
2,359,532 |
|
|
|
1,836,865 |
|
|
Accrued expenses
|
|
|
861,514 |
|
|
|
820,856 |
|
|
Deferred revenue
|
|
|
1,828,068 |
|
|
|
2,521,128 |
|
|
Lease liability, current portion
|
|
|
158,000 |
|
|
|
157,000 |
|
|
Total current liabilities
|
|
|
5,263,795 |
|
|
|
5,379,560 |
|
|
Note payable less current portion
|
|
|
20,437 |
|
|
|
54,847 |
|
|
Deferred revenue – long term
|
|
|
31,277 |
|
|
|
231,020 |
|
|
Long term lease liability
|
|
|
242,000 |
|
|
|
309,000 |
|
|
Total liabilities
|
|
|
5,557,509 |
|
|
|
5,974,427 |
|
| |
|
|
|
|
|
|
|
|
|
Total stockholders’ equity
|
|
|
16,946,592 |
|
|
|
15,705,516 |
|
|
Total liabilities and stockholders’ equity
|
|
$ |
22,504,101 |
|
|
$ |
21,679,943 |
|
v3.23.2
Document And Entity Information
|
Aug. 02, 2023 |
| Document Information [Line Items] |
|
| Entity, Registrant Name |
CPS TECHNOLOGIES CORP.
|
| Document, Type |
8-K
|
| Document, Period End Date |
Aug. 02, 2023
|
| Entity, Incorporation, State or Country Code |
DE
|
| Entity, File Number |
0-16088
|
| Entity, Tax Identification Number |
04-2832509
|
| Entity, Address, Address Line One |
111 South Worcester Street
|
| Entity, Address, City or Town |
Norton
|
| Entity, Address, State or Province |
MA
|
| Entity, Address, Postal Zip Code |
02766
|
| City Area Code |
508
|
| Local Phone Number |
222-0614
|
| Written Communications |
false
|
| Soliciting Material |
false
|
| Pre-commencement Tender Offer |
false
|
| Pre-commencement Issuer Tender Offer |
false
|
| Entity, Emerging Growth Company |
false
|
| Title of 12(b) Security |
Common Stock
|
| Trading Symbol |
CPSH
|
| Security Exchange Name |
NASDAQ
|
| Amendment Flag |
false
|
| Entity, Central Index Key |
0000814676
|
| X |
- DefinitionBoolean flag that is true when the XBRL content amends previously-filed or accepted submission.
| Name: |
dei_AmendmentFlag |
| Namespace Prefix: |
dei_ |
| Data Type: |
xbrli:booleanItemType |
| Balance Type: |
na |
| Period Type: |
duration |
|
| X |
- DefinitionFor the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.
| Name: |
dei_DocumentPeriodEndDate |
| Namespace Prefix: |
dei_ |
| Data Type: |
xbrli:dateItemType |
| Balance Type: |
na |
| Period Type: |
duration |
|
| X |
- DefinitionThe type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.
| Name: |
dei_DocumentType |
| Namespace Prefix: |
dei_ |
| Data Type: |
dei:submissionTypeItemType |
| Balance Type: |
na |
| Period Type: |
duration |
|
| X |
- DefinitionAddress Line 1 such as Attn, Building Name, Street Name
| Name: |
dei_EntityAddressAddressLine1 |
| Namespace Prefix: |
dei_ |
| Data Type: |
xbrli:normalizedStringItemType |
| Balance Type: |
na |
| Period Type: |
duration |
|
| X |
- Definition
+ References
+ Details
| Name: |
dei_EntityAddressCityOrTown |
| Namespace Prefix: |
dei_ |
| Data Type: |
xbrli:normalizedStringItemType |
| Balance Type: |
na |
| Period Type: |
duration |
|
| X |
- DefinitionCode for the postal or zip code
| Name: |
dei_EntityAddressPostalZipCode |
| Namespace Prefix: |
dei_ |
| Data Type: |
xbrli:normalizedStringItemType |
| Balance Type: |
na |
| Period Type: |
duration |
|
| X |
- DefinitionName of the state or province.
| Name: |
dei_EntityAddressStateOrProvince |
| Namespace Prefix: |
dei_ |
| Data Type: |
dei:stateOrProvinceItemType |
| Balance Type: |
na |
| Period Type: |
duration |
|
| X |
- DefinitionA unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK. Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
| Name: |
dei_EntityCentralIndexKey |
| Namespace Prefix: |
dei_ |
| Data Type: |
dei:centralIndexKeyItemType |
| Balance Type: |
na |
| Period Type: |
duration |
|
| X |
- DefinitionIndicate if registrant meets the emerging growth company criteria. Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
| Name: |
dei_EntityEmergingGrowthCompany |
| Namespace Prefix: |
dei_ |
| Data Type: |
xbrli:booleanItemType |
| Balance Type: |
na |
| Period Type: |
duration |
|
| X |
- DefinitionCommission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.
| Name: |
dei_EntityFileNumber |
| Namespace Prefix: |
dei_ |
| Data Type: |
dei:fileNumberItemType |
| Balance Type: |
na |
| Period Type: |
duration |
|
| X |
- DefinitionTwo-character EDGAR code representing the state or country of incorporation.
| Name: |
dei_EntityIncorporationStateCountryCode |
| Namespace Prefix: |
dei_ |
| Data Type: |
dei:edgarStateCountryItemType |
| Balance Type: |
na |
| Period Type: |
duration |
|
| X |
- DefinitionThe exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC. Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
| Name: |
dei_EntityRegistrantName |
| Namespace Prefix: |
dei_ |
| Data Type: |
xbrli:normalizedStringItemType |
| Balance Type: |
na |
| Period Type: |
duration |
|
| X |
- DefinitionThe Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS. Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
| Name: |
dei_EntityTaxIdentificationNumber |
| Namespace Prefix: |
dei_ |
| Data Type: |
dei:employerIdItemType |
| Balance Type: |
na |
| Period Type: |
duration |
|
| X |
- DefinitionLocal phone number for entity.
| Name: |
dei_LocalPhoneNumber |
| Namespace Prefix: |
dei_ |
| Data Type: |
xbrli:normalizedStringItemType |
| Balance Type: |
na |
| Period Type: |
duration |
|
| X |
- DefinitionBoolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act. Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 13e
-Subsection 4c
| Name: |
dei_PreCommencementIssuerTenderOffer |
| Namespace Prefix: |
dei_ |
| Data Type: |
xbrli:booleanItemType |
| Balance Type: |
na |
| Period Type: |
duration |
|
| X |
- DefinitionBoolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act. Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 14d
-Subsection 2b
| Name: |
dei_PreCommencementTenderOffer |
| Namespace Prefix: |
dei_ |
| Data Type: |
xbrli:booleanItemType |
| Balance Type: |
na |
| Period Type: |
duration |
|
| X |
- DefinitionTitle of a 12(b) registered security. Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b
| Name: |
dei_Security12bTitle |
| Namespace Prefix: |
dei_ |
| Data Type: |
dei:securityTitleItemType |
| Balance Type: |
na |
| Period Type: |
duration |
|
| X |
- DefinitionName of the Exchange on which a security is registered. Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection d1-1
| Name: |
dei_SecurityExchangeName |
| Namespace Prefix: |
dei_ |
| Data Type: |
dei:edgarExchangeCodeItemType |
| Balance Type: |
na |
| Period Type: |
duration |
|
| X |
- DefinitionBoolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act. Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Section 14a
-Number 240
-Subsection 12
| Name: |
dei_SolicitingMaterial |
| Namespace Prefix: |
dei_ |
| Data Type: |
xbrli:booleanItemType |
| Balance Type: |
na |
| Period Type: |
duration |
|
| X |
- DefinitionTrading symbol of an instrument as listed on an exchange.
| Name: |
dei_TradingSymbol |
| Namespace Prefix: |
dei_ |
| Data Type: |
dei:tradingSymbolItemType |
| Balance Type: |
na |
| Period Type: |
duration |
|
| X |
- DefinitionBoolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act. Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Securities Act
-Number 230
-Section 425
| Name: |
dei_WrittenCommunications |
| Namespace Prefix: |
dei_ |
| Data Type: |
xbrli:booleanItemType |
| Balance Type: |
na |
| Period Type: |
duration |
|
Grafico Azioni CPS Technologies (NASDAQ:CPSH)
Storico
Da Apr 2024 a Mag 2024
Grafico Azioni CPS Technologies (NASDAQ:CPSH)
Storico
Da Mag 2023 a Mag 2024
