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Form 8-K

sec.gov

8-K — CPS TECHNOLOGIES CORP/DE/

Accession: 0001437749-26-035609

Filed: 2026-11-06

Period: 2026-11-03

CIK: 0000814676

SIC: 3260 (POTTERY & RELATED PRODUCTS)

Item: Results of Operations and Financial Condition

Item: Other Events

Item: Financial Statements and Exhibits

Documents

8-K — cpsh20261105_8k.htm (Primary)

EX-99.1 — EXHIBIT 99.1 (ex_1039729.htm)

EX-99.2 — EXHIBIT 99.2 (ex_1040310.htm)

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8-K — FORM 8-K

8-K (Primary)

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2026-11-03

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): November 3, 2026

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 November 3, 2026, the Company issued a press release announcing its financial results for the three months ended September 26, 2026. 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 Exhibits 99.1 and 99.2 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

Press release dated November 3, 2026 of CPS Technologies Corp. announcing its financial results for the three months ended September, 26, 2026

99.2

Financial results for the three months ended September, 26, 2026

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: November 6, 2026

/s/ Chis Fraser.

Chris Fraser.

Chief Financial Officer

EX-99.1 — EXHIBIT 99.1

EX-99.1

Filename: ex_1039729.htm · Sequence: 2

ex_1039729.htm

Exhibit 99.1

FOR RELEASE: IMMEDIATE

CPS Technologies Announces Third Quarter 2026 Financial Results

Margin Expansion and Record Quarterly Revenue as Company Finalizes Plans for New Facility

Norton, Massachusetts – November 3, 2026 – CPS Technologies Corp. (NASDAQ:CPSH) (“CPS” or the “Company”) today announced financial results for its fiscal third quarter ended September 26, 2026.

Third Quarter Summary

●

Revenue of $8.9 million, reflecting strong ongoing demand for the Company’s growing array of mission-critical products.

●

Gross margin of 20.9 percent and operating profit of $0.4 million.

●

Announced that the Company had received its first order from a defense contractor for tungsten alloy components manufactured using the Company’s proprietary QuickSet Injection MoldingTM process.

●

CPS also signed a long-term lease during the quarter for an 80,000-square-foot facility – approximately twice the size of its current location – in Attleboro, Massachusetts to expand production and increase efficiency.

●

Received new volume orders from an existing customer and large semiconductor manufacturer establishing continued deliveries into fiscal 2027.

“We are pleased to report solid progress this quarter on a number of fronts,” said Brian Mackey, President and CEO. “Due to higher demand and increased production, our quarterly revenue rose to a new high and gross margins expanded to 20.9% – a level not seen since during our HybridTech Armor® contracts more than three years ago. This proves the resilience of our product lines, interest in our broadening portfolio of offerings, and sound operating execution. We also recently announced the signing of a lease in nearby Attleboro that will allow CPS to further expand operations in support of increased top line growth and higher returns for our shareholders. Detailed planning is well underway with the support of Dacon Corporation, our construction management partner, as well as various engineers and contractors. While exploring ways to potentially initiate a partial move earlier in 2027, complex production requirements likely mean the full buildout will continue into the second half of next year. In the meantime, I’m also pleased to announce that, once again, we have secured significant volume orders for our high-performance products from the Company’s biggest customer, a semiconductor manufacturer, at levels consistent with the prior-year period. These components are integrated into systems supporting high-speed rail as well as energy and grid infrastructure. Given this backdrop, we believe the Company is in excellent shape for continued growth and higher financial results heading into fiscal 2027.”

Results of Operations

CPS reported revenue of $8.9 million for the third quarter of fiscal 2026 versus $8.8 million in the prior-year period. Gross profit was $1.9 million, or 20.9 percent of revenue, versus $1.5 million, or 17.1 percent of revenue, in the fiscal 2025 third quarter.

Operating profit was $0.4 million in the fiscal 2026 third quarter compared with $0.3 million in the prior-year period; SG&A expenses rose approximately $0.2 million year-over-year. Reported net income for the quarter was $0.6 million, or $0.03 per diluted share, versus $0.2 million, or $0.01 per diluted share, in the quarter ended September 27, 2025.

Page 2

Conference Call

The Company will be hosting its third quarter 2026 earnings call tomorrow, November 4, 2026, at 9:00 a.m. Eastern. Those interested in participating in the conference call should dial the following:

Call in Number: 1-844-943-2942

Participant Passcode: 258164

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.

About CPS

CPS is an advanced materials company that designs, manufactures, and sells high-performance material solutions to global customers in transportation, energy, automotive, electronics, telecommunications, aerospace, and defense. The company specializes in proprietary metal matrix composites (MMCs), combining metals and ceramics to deliver superior strength, thermal management, and reliability for demanding applications such as high-speed rail, HVDC systems, mass transit, electric vehicles, internet equipment, and electrical infrastructure. CPS also produces hermetic packaging for high-reliability power and communications modules, supporting avionics, GPS, microprocessors, and specialized integrated circuits. Additionally, its lightweight HybridTech Armor® provides high strength-to-weight protection. CPS focuses on innovation, quality, and diversified high-growth markets to drive sustained, profitable growth. The Company’s Vision is ”to pioneer the next generation of high-performance materials and solve the world’s toughest engineering challenges.”

Safe Harbor

Statements made in this document that are not historical facts or which apply prospectively, including those relating to 2025 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 CORP.

Statements of Operations and Other Comprehensive Income (Loss)

(Unaudited)

Three Months Ended

Nine Months Ended

September 26,

2026

September 27,

2025

September 26,

2026

September 27,

2025

Product sales

$

8,900,433

$

8,803,695

$

24,238,504

$

24,388,272

Cost of product sales

7,043,948

7,301,129

20,546,352

20,318,390

Gross profit

1,856,485

1,502,566

3,692,152

4,069,882

Selling, general, and administrative expenses

1,498,738

1,226,484

4,115,567

3,527,223

Income (loss) from operations

357,747

276,082

(423,415

)

542,659

Other income, net

163,349

45,483

455,722

114,985

Net income before income taxes

521,096

321,565

32,307

657,644

Income tax provision (benefit)

174,339

113,601

(58,017

)

249,885

Net income

$

346,757

$

207,964

$

90,324

$

407,759

Other comprehensive income

Net unrealized gains (losses) on available for sale securities

17,132

(2,293

)

13,773

7,913

Reclassification adjustment for gains included in net income

-

-

-

(16,237

)

Total other comprehensive income (loss)

17,132

(2,293

)

13,773

(8,324

)

Comprehensive income

363,889

205,671

104,097

399,435

Net income per basic common share

$

0.02

$

0.01

$

0.00

$

0.03

Weighted average number of basic common shares outstanding

19,412,796

14,527,126

18,491,213

14,526,349

Net income per diluted common share

$

0.02

$

0.01

$

0.00

$

0.03

Weighted average number of diluted common shares outstanding

19,757,374

14,674,384

18,799,554

14,598,576

Page 4

CPS TECHNOLOGIES CORP.

Balance Sheets (Unaudited)

September 26,

December 27,

2026

2025

ASSETS

Current assets:

Cash and cash equivalents

$

2,791,195

$

4,466,198

Marketable securities, at fair value

15,612,554

8,769,363

Accounts receivable-trade

4,703,028

5,235,307

Accounts receivable-other

291,019

380,948

Inventories, net

10,320,406

5,598,407

Prepaid expenses and other current assets

281,682

299,829

Total current assets

33,999,884

24,750,052

Property and equipment:

Production equipment

11,111,154

10,647,170

Furniture and office equipment

910,310

910,310

Leasehold improvements

997,830

997,830

Total cost

13,019,294

12,555,310

Accumulated depreciation and amortization

(11,058,355

)

(10,877,927

)

Construction in progress

537,975

459,671

Net property and equipment

2,498,914

2,137,054

Net intangible assets

18,539

21,778

Restricted cash

510,154

-

Right-of-use lease assets

8,829,210

336,000

Deferred taxes, net

2,325,327

2,266,854

Total assets

$

48,182,028

$

29,511,738

LIABILITIES AND STOCKHOLDERS’ EQUITY

Current liabilities:

Accounts payable

$

3,766,979

$

3,363,233

Accrued expenses

832,504

907,910

Deferred revenue

513,910

238,044

Lease liabilities, current portion

163,000

162,000

Total current liabilities

5,276,393

4,671,187

Deferred revenue – long term

31,277

31,277

Long term lease liabilities

8,754,046

174,000

Total liabilities

14,061,716

4,876,464

Commitments & Contingencies

Stockholders’ equity:

Common stock, $0.01 par value, authorized 25,000,000 and 20,000,000 shares; issued 19,642,517 and 18,132,767 shares; outstanding 19,425,442 and 17,988,634 shares at September 26, 2026 and December 27, 2025, respectively

196,417

181,320

Additional paid-in capital

60,223,530

50,295,019

Accumulated other comprehensive income

13,912

139

Accumulated deficit

(25,379,567

)

(25,469,891

)

Less cost of 217,075 and 144,133 common shares repurchased at September 26, 2026 and December 27, 2025, respectively

(933,980

)

(371,313

)

Total stockholders’ equity

34,120,312

24,635,274

Total liabilities and stockholders’ equity

$

48,182,028

$

29,511,738

EX-99.2 — EXHIBIT 99.2

EX-99.2

Filename: ex_1040310.htm · Sequence: 3

ex_1040310.htm

Exhibit 99.2

CPS TECHNOLOGIES CORP.

Statements of Operations and Other Comprehensive Income (Loss)

(Unaudited)

Three Months Ended

Nine Months Ended

September 26,

2026

September 27,

2025

September 26,

2026

September 27,

2025

Product sales

$

8,900,433

$

8,803,695

$

24,238,504

$

24,388,272

Cost of product sales

7,043,948

7,301,129

20,546,352

20,318,390

Gross profit

1,856,485

1,502,566

3,692,152

4,069,882

Selling, general, and administrative expenses

1,498,738

1,226,484

4,115,567

3,527,223

Income (loss) from operations

357,747

276,082

(423,415

)

542,659

Other income, net

163,349

45,483

455,722

114,985

Net income before income taxes

521,096

321,565

32,307

657,644

Income tax provision (benefit)

174,339

113,601

(58,017

)

249,885

Net income

$

346,757

$

207,964

$

90,324

$

407,759

Other comprehensive income

Net unrealized gains (losses) on available for sale securities

17,132

(2,293

)

13,773

7,913

Reclassification adjustment for gains included in net income

-

-

-

(16,237

)

Total other comprehensive income (loss)

17,132

(2,293

)

13,773

(8,324

)

Comprehensive income

363,889

205,671

104,097

399,435

Net income per basic common share

$

0.02

$

0.01

$

0.00

$

0.03

Weighted average number of basic common shares outstanding

19,412,796

14,527,126

18,491,213

14,526,349

Net income per diluted common share

$

0.02

$

0.01

$

0.00

$

0.03

Weighted average number of diluted common shares outstanding

19,757,374

14,674,384

18,799,554

14,598,576

CPS TECHNOLOGIES CORP.

Balance Sheets (Unaudited)

September 26,

December 27,

2026

2025

ASSETS

Current assets:

Cash and cash equivalents

$

2,791,195

$

4,466,198

Marketable securities, at fair value

15,612,554

8,769,363

Accounts receivable-trade

4,703,028

5,235,307

Accounts receivable-other

291,019

380,948

Inventories, net

10,320,406

5,598,407

Prepaid expenses and other current assets

281,682

299,829

Total current assets

33,999,884

24,750,052

Property and equipment:

Production equipment

11,111,154

10,647,170

Furniture and office equipment

910,310

910,310

Leasehold improvements

997,830

997,830

Total cost

13,019,294

12,555,310

Accumulated depreciation and amortization

(11,058,355

)

(10,877,927

)

Construction in progress

537,975

459,671

Net property and equipment

2,498,914

2,137,054

Net intangible assets

18,539

21,778

Restricted cash

510,154

-

Right-of-use lease assets

8,829,210

336,000

Deferred taxes, net

2,325,327

2,266,854

Total assets

$

48,182,028

$

29,511,738

LIABILITIES AND STOCKHOLDERS’ EQUITY

Current liabilities:

Accounts payable

$

3,766,979

$

3,363,233

Accrued expenses

832,504

907,910

Deferred revenue

513,910

238,044

Lease liabilities, current portion

163,000

162,000

Total current liabilities

5,276,393

4,671,187

Deferred revenue – long term

31,277

31,277

Long term lease liabilities

8,754,046

174,000

Total liabilities

14,061,716

4,876,464

Commitments & Contingencies

Stockholders’ equity:

Common stock, $0.01 par value, authorized 25,000,000 and 20,000,000 shares; issued 19,642,517 and 18,132,767 shares; outstanding 19,425,442 and 17,988,634 shares at September 26, 2026 and December 27, 2025, respectively

196,417

181,320

Additional paid-in capital

60,223,530

50,295,019

Accumulated other comprehensive income

13,912

139

Accumulated deficit

(25,379,567

)

(25,469,891

)

Less cost of 217,075 and 144,133 common shares repurchased at September 26, 2026 and December 27, 2025, respectively

(933,980

)

(371,313

)

Total stockholders’ equity

34,120,312

24,635,274

Total liabilities and stockholders’ equity

$

48,182,028

$

29,511,738

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Document And Entity Information

Nov. 03, 2026

Document Information [Line Items]

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Entity, Tax Identification Number

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City Area Code

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Reference 1: http://www.xbrl.org/2003/role/presentationRef

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-Name Exchange Act

-Number 240

-Section 13e

-Subsection 4c

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- Definition

Boolean 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.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14d

-Subsection 2b

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- Definition

Title of a 12(b) registered security.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b

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- Definition

Name of the Exchange on which a security is registered.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection d1-1

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- Definition

Boolean 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.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14a

-Subsection 12

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- Definition

Trading symbol of an instrument as listed on an exchange.

+ References

No definition available.

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Namespace Prefix:

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Data Type:

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- Definition

Boolean 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.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Securities Act

-Number 230

-Section 425

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