Perma-Fix Environmental Files 8-K/A Revising DFLAW Revenue Estimates

What Happened Perma-Fix Environmental Services, Inc. filed a Current Report on Form 8-K/A (filed Sept. 23, 2026) to replace an investor presentation it originally posted on Sept. 22, 2026. The revised presentation updates how the company portrays the U.S. Department of Energy’s (DOE) Direct-Feed Low-Activity Waste (DFLAW) program, clarifying volume and revenue assumptions and correcting slide details investors had questioned. The Revised Presentation now supersedes the original and is posted on the company’s website.

Key Details

• The company continues to reference DOE’s estimate of 8,000 cubic meters of effluent annually at the site, which Perma-Fix says could equate to roughly $70 million in annual DFLAW-related revenue at full operation (timing depends on ramp to design capacity).
• Slide updates present combined DFLAW waste (EMF effluent plus dry waste) of ~4,000 cubic meters and an estimated ~$35 million of annual revenue, assuming DFLAW reaches 50% of production capacity in 2027; the DFLAW–EMF line is a component of that total and not additive.
• The company combined the 200 East lines and revised the initial 200 East amount to about $28.8 million, using a consistent pricing assumption across volumes shown.
• As revised, the illustrative 2028 run rate on slide 16 is approximately $97.4 million. The presentation contains forward-looking statements and references standard/adjusted pricing assumptions (higher pricing for waste with more organics, metals or radioactivity).

Why It Matters These revisions clarify Perma-Fix’s revenue modeling for a major DOE program and correct how projected volumes and revenue contributions were presented to investors. The updates show specific capacity and timing assumptions (e.g., 50% capacity in 2027) that drive the company’s illustrative revenue figures; actual results will depend on DOE actions and future production levels. Investors should treat the figures as estimates and consider the company’s cautionary language and SEC filings when assessing the potential impact on future revenue.