How did CVD Equipment's revenue and expenses trend in Q4 2024?

CVD Equipment Corporation's (CVD) revenue for Q4 2024 was $18.29 million, with segment-specific revenues as follows: CVD Equipment Corporation reported $12.74 million, Stainless Design Concepts contributed $8.44 million, Stainless Design Concepts contributed $6.25 million, CVD MesoScribe Technologies Corporation contributed $778,000, Materials contributed $775,000, Corporate reported $0, and Eliminations reported -$302,000.

The Gross Margin for CVD Equipment in Q4 2024 was 23.56%. R&D Expenses were $572,000. No SG&A Expenses were reported for the quarter.

|code|Ticker|Name|Date|Business Composition|Revenue By Business|market_code|
|---|---|---|---|---|---|---|
|CVV|CVV.O|CVD Equipment|20240101-2024|Intersegment Sales Elimination|-634000|186|
|CVV|CVV.O|CVD Equipment|20240101-2024|Corporate|0|186|
|CVV|CVV.O|CVD Equipment|20240101-2024|Corporate|0|186|
|CVV|CVV.O|CVD Equipment|20240101-2024|Corporate|0|186|
|CVV|CVV.O|CVD Equipment|20240101-2024|CVD Equipment Corporation|2947000|186|
|CVV|CVV.O|CVD Equipment|20240101-2024|Stainless Design Concepts|1931000|186|
|CVV|CVV.O|CVD Equipment|20240101-2024|Eliminations|-15000|186|
|CVV|CVV.O|CVD Equipment|20240101-2024|Materials|59000|186|
|CVV|CVV.O|CVD Equipment|20240101-2024|Corporate|0|186|

|code|Ticker|Name|Date|R&D Expenses|R&D Expenses YoY|market_code|
|---|---|---|---|---|---|---|
|CVV|CVV.O|CVD Equipment|2024 Q1|746000|23.920265780730897|186|
|CVV|CVV.O|CVD Equipment|2024 Q2|665000|18.962432915921287|186|
|CVV|CVV.O|CVD Equipment|2024 Q3|644000|-8.522727272727272|186|
|CVV|CVV.O|CVD Equipment|2024 Q4|572000|-21.751025991792066|186|

|code|Ticker|Name|Date|Gross Profit Margin|Gross Profit Margin YoY|market_code|
|---|---|---|---|---|---|---|
|CVV|CVV.O|CVD Equipment|2024 Q1|17.4523|-37.65499355198244|186|
|CVV|CVV.O|CVD Equipment|2024 Q2|21.9047|-21.094853174260113|186|
|CVV|CVV.O|CVD Equipment|2024 Q3|22.1149|-18.38827649579116|186|
|CVV|CVV.O|CVD Equipment|2024 Q4|23.5563|11.993667275216797|186|