<PAGE>
                UNITED STATES SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549
                                ________________
                                  Form 10-QSB
  (Mark One)

   [X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d)OF THE
       SECURITIES EXCHANGE ACT OF 1934.

               For the quarterly period ended September 30, 2005

   [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
       SECURITIES EXCHANGE ACT OF 1934.

                  For the transition period from ____ to _____

                        Commission file number:  1-16525
                           CVD EQUIPMENT CORPORATION
                (Name of Small Business Issuer  in Its Charter)

            New York                                      11-2621692
         (State or Other Jurisdiction of               (I.R.S. Employer
       Incorporation or Organization)                Identification No.)
                             1860 Smithtown Avenue
                          Ronkonkoma, New York  11779
             (Address including zip code of registrant's Principal
                               Executive Offices)

                                 (631) 981-7081
                (Issuer's Telephone Number, Including Area Code)

             Securities registered under Section 12(b) of the Act:
                                      None
             Securities registered under Section 12(g) of the Act:
                         Common Stock, Par value $0.01
                                (Title of class)

         Check whether the issuer: (1) filed all reports required to be filed
       by Section 13 or 15(d) of the Exchange Act during the past 12 months
       (or for such shorter period that the registrant was required to file
       such reports), and (2) has been subject to such filing requirements for
       the past 90 days.                             Yes [X]    No [ ]

         Indicate by check mark whether issuer is an accelerated filer (as
       defined in Rule 12b-2 of the Exchange Act).   Yes [ ]    No [X]


       State the number of shares outstanding of each of the issuer's classes
       of common equity, as of the latest practicable date: 3,127,800 shares
       of Common Stock, $0.01 par value at November 11, 2005.
  __________________________________________________________________________

  <PAGE>
                    CVD EQUIPMENT CORPORATION AND SUBSIDIARY

                                     Index


  Part I - Financial Information

    Item 1 - Financial Statements (Unaudited)


    Consolidated Balance Sheets at September 30, 2005 (Unaudited)
        and December 31, 2004                                                2

    Comparative Consolidated Statements of Operations (Unaudited) for
        the three and nine months ended September 30, 2005 and 2004          3

    Comparative Consolidated Statements of Cash Flows (Unaudited)
        for the nine months ended September 30, 2005 and 2004                4

    Notes to Unaudited Consolidated Financial Statements                     5

    Item 2 - Management's Discussion and Analysis of Financial
        Condition and Results of Operations                                 11

    Item 3 - Controls and Procedures                                        14

  Part II - Other Information                                               15

          Item 1 - Legal Proceedings                                        15
          Item 2 - Changes in Securities and Use of Proceeds                15
          Item 3 - Defaults Upon Senior Securities                          15
          Item 4 - Submission of Matters to a Vote of Security Holders      15
          Item 5 - Other Information                                        15
          Item 6 - Exhibits and Reports Filed on Form 8-K                   16

  Signatures                                                                17

  Exhibit Index                                                             18
  Certification of Chief Executive Officer                                  19
  Certification of Chief Financial Officer                                  20
  Certification of Chief Executive Officer pursuant to U.S.C. Section 1350  21
  Certification of Chief Financial Officer pursuant to U.S.C. Section 1350  22

  <PAGE>

                         PART 1 - FINANCIAL INFORMATION
                         Item 1 - Financial Statements

                   CVD EQUIPMENT CORPORATION  AND SUBSIDIARY
                          Consolidated Balance Sheets
  <TABLE>
  <CAPTION>
                                                                             September 30, 2005
                                                                                (Unaudited)        December 31, 2004
                                                                             ------------------    -----------------
  <S>                                                                        <C>                   <C>
  ASSETS
  Current Assets:
    Cash and cash equivalents                                                $       748,116       $       171,463
    Accounts receivable, net                                                       1,846,873             2,375,257
    Cost  in excess of billings on uncompleted contracts                             324,568             1,110,362
    Inventories                                                                    2,047,420             1,823,453
    Other current assets                                                              79,529               110,743

                                                                             ------------------    -----------------
    Total current assets                                                           5,046,506             5,591,278

  Property, plant and equipment, net                                               4,970,288             5,153,017
  Deferred income taxes                                                              399,262               300,743
  Other assets                                                                       566,884               398,587
  Intangible assets, net                                                              99,496               109,558

                                                                             ------------------    -----------------
    Total assets                                                             $    11,082,435       $    11,553,183
                                                                             ==================    =================


  LIABILITIES AND STOCKHOLDERS' EQUITY
  Current Liabilities:
    Current maturities of long-term debt                                     $       217,250       $       213,394
    Short-term notes payable                                                             -                 850,000
    Accounts payable                                                                 733,905               725,706
    Accrued expenses                                                                 666,379               584,443
    Accrued professional fees - related party                                            -                  41,626
    Customer deposits                                                                102,400               298,152
    Deferred revenue                                                                 208,190                   -

                                                                             ------------------    -----------------
    Total current liabilities                                                      1,928,124             2,713,321

  Long-term debt, net of current portion                                           2,977,917             3,140,628
                                                                             ------------------    -----------------
    Total liabilities                                                              4,906,040             5,853,949
                                                                             ------------------    -----------------

  Commitments and contingencies                                                          -                     -

  Stockholders' Equity
    Common stock, par value  $.01 per share, authorized 10,000,000 shares;
    issued and outstanding, 3,127,800 shares at September 30, 2005 and
    3,039,100 shares at December 31, 2004                                             31,278                30,391
    Additional paid-in capital                                                     3,049,362             2,902,149
    Retained earnings                                                              3,095,755             2,766,694
                                                                             ------------------    -----------------
    Total stockholders' equity                                                     6,176,395             5,699,234
                                                                             ------------------    -----------------
    Total liabilities and stockholders' equity                               $    11,082,435       $    11,553,183
                                                                             ==================    =================


  <FN>
               See notes to the consolidated financial statements
  </TABLE>
                                       2
  <PAGE>
                    CVD EQUIPMENT CORPORATION AND SUBSIDIARY
                     Consolidated Statements of Operations
                                  (Unaudited)
  <TABLE>
  <CAPTION>
                                                       Three Months Ended                   Nine Months Ended
                                                          September 30                         September 30
                                                      2005               2004             2005               2004
                                                --------------    --------------    --------------    --------------
  <S>                                           <C>               <C>               <C>               <C>
  Revenue:                                      $   2,851,327     $   1,629,315     $   8,257,961     $   5,547,848

  Cost of Revenue                                   1,914,357         1,157,412         5,335,413         3,930,543
                                                --------------    --------------    --------------    --------------

  Gross profit                                        936,970           471,903         2,922,548         1,617,305
                                                --------------    --------------    --------------    --------------

  Operating expenses
    Selling and shipping                              181,752           179,425           518,716           489,118
    General and administrative                        684,955           578,733         1,823,125         1,622,420
    Related party - professional fees                  15,000               -              50,000            25,000
                                                --------------    --------------    --------------    --------------
  Total operating expenses                            881,707           758,158         2,391,841         2,136,538

  Operating income (loss)                              55,263          (286,255)          530,707          (519,233)
                                                --------------    --------------    --------------    --------------

  Other income (expense)
    Interest income                                        53               173               761               518
    Interest expense                                  (50,591)          (53,768)         (169,629)         (164,634)
    Other income                                       19,726            11,181            34,060            21,081
                                                --------------    --------------    --------------    --------------
  Total other (expense)                               (30,812)          (42,414)         (134,808)         (143,035)

  Income (loss) before income taxes                    24,451          (328,669)          395,899          (662,268)

  Income tax benefit (provision)                $      10,338     $      (2,136)    $     (66,830)    $      (3,256)
                                                --------------    --------------    --------------    --------------

  Net income (loss)                             $      34,789     $    (330,805)    $     329,069     $    (665,524)
                                                ==============    ==============    ==============    ==============

  Basic income (loss) per common share          $        0.01     $       (0.11)    $        0.11     $       (0.22)
                                                ==============    ==============    ==============    ==============

  Diluted income (loss) per common share        $        0.01     $       (0.11)    $        0.10     $       (0.22)
                                                ==============    ==============    ==============    ==============

  Weighted average common shares outstanding
    basic income (loss) per share                   3,122,463         3,039,100         3,087,553         3,039,100

  Effect of potential common share issuance:
    Stock options                                     152,340               -             107,012               -
                                                --------------    --------------    --------------    --------------

  Weighted average common shares outstanding
    diluted income (loss) per share                 3,274,803         3,039,100         3,194,565         3,039,100
                                                ==============    ==============    ==============    ==============


  <FN>
               See notes to the consolidated financial statements
  </TABLE>
                                       3
  <PAGE>
                    CVD EQUIPMENT CORPORATION AND SUBSIDIARY
                     Consolidated Statements of Cash Flows
                                  (Unaudited)
  <TABLE>
  <CAPTION>
                                                                                         Nine Months Ended
                                                                                            September 30
                                                                                       2005               2004
                                                                                  --------------    --------------
  <S>                                                                             <C>               <C>
  Cash flows from operating activities
    Net income (loss)                                                             $     329,069     $    (665,524)
   Adjustments to reconcile net income (loss) to net cash provided by
       operating activities:
    Depreciation and amortization                                                       265,212           267,425
    Deferred tax provision                                                              (98,519)              -
    Bad debt provision                                                                     (620)           (5,427)
   Changes in operating assets and liabilities:
    Accounts receivable                                                                 529,004           728,329
    Cost in excess of billings on uncompleted contracts                                 785,794           575,734
    Inventory                                                                          (223,966)         (965,840)
    Other current assets                                                                 31,214           (37,199)
    Accounts payable                                                                      8,199            (7,159)
    Accrued expenses                                                                     40,307           407,191
    Customer deposits                                                                  (195,752)              -
    Billing in excess of costs on uncompleted contracts                                     -            (174,068)
    Deferred revenue                                                                    208,190               -

                                                                                  --------------    --------------
  Net cash provided by (used in) operating activities                                 1,678,132           123,462
                                                                                  --------------    --------------

  Cash flows from investing activities:
    Capital expenditures                                                               (240,725)         (228,664)

                                                                                  --------------    --------------
  Net cash used in investing activities                                                (240,725)         (228,664)
                                                                                  --------------    --------------

  Cash flows from financing activities:
    Proceeds from short-term borrowings                                                 585,000           875,000
    Payments of short-term borrowings                                                (1,435,000)         (575,000)
    Proceeds from long-term debt                                                            -              26,460
    Payments of long-term debt                                                         (158,854)         (145,803)
    Net proceeds from stock options exercised                                           148,100               -

                                                                                  --------------    --------------
  Net cash (used in) provided by financing activities                                  (860,754)          180,657
                                                                                  --------------    --------------

  Net increase in cash and cash equivalents                                             576,653            75,455

  Cash and cash equivalents at beginning of period                                      171,463           321,490
                                                                                  --------------    --------------

  Cash and cash equivalents at end of period                                      $     748,116     $     396,945
                                                                                  ==============    ==============

  <FN>
                 See notes to consolidated financial statements
  </TABLE>
                                       4

  <PAGE>
                    CVD EQUIPMENT CORPORATION AND SUBSIDIARY
                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS


  NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
  (UNAUDITED)


  NOTE 1: BASIS OF PRESENTATION

  The accompanying unaudited financial statements have been prepared in
  accordance with accounting principles generally accepted in the United
  States of America for interim financial information and with the
  instructions to Form 10-QSB and Item 310(b) of Regulation S-B.
  Accordingly, they do not include all of the information and footnotes
  required by accounting principles generally accepted in the United States
  of America for complete financial statements. In the opinion of
  management, all adjustments (consisting of normal recurring accruals)
  considered necessary in order to make the interim financials not
  misleading have been included and all such adjustments are of a normal
  recurring nature. The operating results for the three and nine months
  ended September 30, 2005 are not necessarily indicative of the results
  that can be expected for the year ending December 31, 2005.

  The balance sheet as of December 31, 2004 has been derived from the
  audited financial statements at such date, but does not include all of the
  information and footnotes required by accounting principles generally
  accepted in the United States of America for complete financial
  statements.

  The accounting policies followed by the Company are set forth in Note 2 to
  the Company's consolidated financial statements in the December 31, 2004
  Form 10-KSB.

  For further information, please refer to the consolidated financial
  statements and footnotes thereto included in the Company's Annual Report
  of Form 10-KSB for the year ended December 31, 2004.

  Intercompany transactions have been eliminated in consolidation.

  Certain reclassifications have been made to prior period financial
  statements to conform to the current year presentation.


                                       5

  <PAGE>

                    CVD EQUIPMENT CORPORATION AND SUBSIDIARY
                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS


  NOTE 2: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

  Revenue and Income Recognition
  ------------------------------

  The Company recognizes revenues and income using the percentage-of-
  completion method for custom production-type contracts while revenues from
  other products are recorded when such products are accepted and shipped.
  Profits on custom production-type contracts are recorded on the basis of
  the Company's estimates of the percentage-of-completion of individual
  contracts, commencing when progress reaches a point where experience is
  sufficient to estimate final
  results with reasonable accuracy. Under this method, revenues are
  recognized based on costs incurred to date compared with total estimated
  costs.

  The asset, "Costs and estimated earnings in excess of billings on
  uncompleted contracts," represents revenues recognized in excess of
  amounts billed.

  The liability, "Billings in excess of costs on uncompleted contracts"
  represents amounts billed in excess of revenues earned.

  Cash and Cash Equivalents
  -------------------------

  The Company considers all highly liquid financial instruments purchased
  with an original maturity of three months or less at the date of purchase
  to be cash equivalents.

  New Accounting Pronouncements
  -----------------------------

  In May 2005, The Financial Accounting Standards Board issued Statement of
  Financial Accounting Standards No. 154 "Accounting Changes and Error
  Corrections" ("SFAS 154"). SFAS 154 changes the requirements for the
  accounting for and reporting of a change in accounting principle. SFAS 154
  requires that the cumulative effect of voluntarily changing to a new
  accounting principle be applied retroactively to prior period financial
  statements. Prior to the effective date of SFAS 154, the cumulative effect
  of voluntarily changing to a new accounting principle was included in the
  operating results of the period in which such change was adopted. SFAS 154
  is effective for fiscal years beginning after December 15, 2005. The
  Company expects that the adoption of SFAS 154 will not have a significant
  impact on its financial statements.

                                       6

  <PAGE>
                    CVD EQUIPMENT CORPORATION AND SUBSIDIARY
                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS


  NOTE 3: UNCOMPLETED CONTRACTS

  Costs, estimated earnings and billings on uncompleted contracts are
  summarized as follows:
  <TABLE>
  <CAPTION>
                                                    September 30, 2005    December 31, 2004
                                                    ------------------    -----------------
  <S>                                               <C>                   <C>
  Costs incurred on uncompleted contracts           $         327,660     $      1,142,057
  Estimated earnings                                          318,058            1,084,166
                                                    ------------------    -----------------
                                                              645,718            2,226,223
  Billings to date                                           (321,150)          (1,115,861)
                                                    ------------------    -----------------
                                                    $         324,568     $      1,110,362
                                                    ------------------    -----------------
  Included in accompanying balance sheets
    Under the following captions:

      Costs and estimated earnings in excess
          of billings on uncompleted contracts      $         324,568     $      1,110,362
      Billings in excess of costs and estimate
          earnings on uncompleted contracts                       0                    0
                                                    ------------------    -----------------
                                                    $         324,568     $      1,110,362
                                                    ------------------    -----------------
  </TABLE>



  NOTE 4: ACQUISITION OF ASSETS

  On May 26, 2005, the Company purchased from First Nano, Inc. certain of
  their Nanotechnology process development and equipment assets. The
  purchase was made with cash funds from the Company and the assumption of
  certain liabilities, both of which are considered to be insignificant to
  the overall operations of the business. First Nano develops solutions for
  single and multiwall nanotube and nanowire synthesis and manufactures
  chemical vapor deposition process equipment suitable for the synthesis of
  a variety of carbon nanotubes, one-dimensional and nanostructures and
  nanomaterials.



                                       7
  <PAGE>
                    CVD EQUIPMENT CORPORATION AND SUBSIDIARY
                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS


  NOTE 5:  INVENTORY

  Inventories consist of the following:
  <TABLE>
  <CAPTION>
                                                    September 30, 2005    December 31, 2004
                                                    ------------------    -----------------
  <S>                                               <C>                   <C>
  Raw materials                                     $         530,248     $        628,934
  Work-in-process                                           1,052,988              686,325
  Finished goods                                              464,184              508,194
                                                    ------------------    -----------------

                                                    $       2,047,420     $      1,823,453
                                                    ------------------    -----------------
  </TABLE>
  NOTE 6:  BAD DEBTS

  Accounts receivables are presented net of an allowance for doubtful
  accounts of $23,108 and $23,728 as of September 30, 2005 and December 31,
  2004, respectively. The allowance is based on prior experience and
  management's evaluation of the collectibility of accounts receivable.
  Management believes the allowance is adequate. However, future estimates
  may change based on changes in economic conditions.

  NOTE 7: SHORT TERM BORROWINGS
  <TABLE>
  <CAPTION>
                                                    September 30, 2005    December 31, 2004
                                                    ------------------    -----------------
  <S>                                               <C>                   <C>
                                                    $               0     $        850,000
  </TABLE>

  The Company has a line of credit with a bank permitting it to borrow on a
  revolving basis amounts up to the lesser of $1,000,000 or the availability
  under the borrowing base formula until June 1, 2006. The borrowing base
  shall not exceed 75% of eligible accounts receivable, defined as accounts
  receivable not aged more than ninety days from invoice date. Interest is
  payable on any unpaid principal balance at the bank's prime rate plus _ of
  1%. As of September 30, 2005, $0 was outstanding on this facility. The
  prime rate was 6.75% and 5.25% and the amount outstanding on the facility
  was $0 and $850,000 on September 30, 2005 and December 31, 2004
  respectively. Borrowings are collateralized by the Company's assets

                                       8
  <PAGE>
                    CVD EQUIPMENT CORPORATION AND SUBSIDIARY
                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS


  NOTE 8: STOCK OPTION PLANS

  The Company accounts for the stock option plans under the recognition and
  measurement principles of APB Opinion No. 25, Accounting for Stock Issued
  to Employees, and related interpretations. The following table illustrates
  the effect on net income and earnings per share if the Company had applied
  the fair value recognition provisions of FASB Statement No. 123,
  accounting for Stock-based Compensation, to stock-based employee
  compensation.
  <TABLE>
  <CAPTION>
                                       Three months ended September 30,     Nine months ended September 30,
                                               2005           2004            2005           2004
                                           ------------   ------------    ------------   ------------
  <S>                                      <C>            <C>             <C>            <C>
  Net income (loss), as reported           $    34,789    $  (330,805)    $   329,069    $  (665,524)

  Add: Stock-based employee
  compensation expense included in
  reported net income, net of
  related tax effects                              -              -               -              -

  Deduct: Total stock-based employee
  compensation expense determined
  under fair value based method for
  all awards, net of related tax effects       (30,467)        (3,213)        (34,846)       (72,532)
                                           ------------   ------------    ------------   ------------

  Pro forma net income (loss)              $     4,322    $  (334,018)    $   294,223    $  (738,056)
                                           ------------   ------------    ------------   ------------



  Earnings (loss)  per share:
        Basic-as reported                  $     0.01     $    (0.11)     $     0.11     $    (0.22)
                                           ------------   ------------    ------------   ------------
        Basic-pro forma                    $     0.00     $    (0.11)     $     0.10     $    (0.24)
                                           ------------   ------------    ------------   ------------

        Diluted-as reported                $     0.01     $    (0.11)     $     0.10     $    (0.22)
                                           ------------   ------------    ------------   ------------
              Diluted-pro forma            $     0.00     $    (0.11)     $     0.09     $    (0.24)
                                           ------------   ------------    ------------   ------------

  </TABLE>
                                       9
  <PAGE>
                    CVD EQUIPMENT CORPORATION AND SUBSIDIARY
                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS


  NOTE 9: INCOME TAXES
  <TABLE>
  <CAPTION>

  The provision (benefit) for income taxes includes the following:
                                                    Three Months Ended    Nine Months Ended
                                                    September 30, 2005    September 30, 2005
                                                    ------------------    ------------------
  <S>                                               <C>                   <C>
          Current:
             Federal                                $        (115,701)    $         130,876
             State                                           (  4,459)               34,473
                                                    ------------------    ------------------
                 Total Current Provision                     (120,160)              165,349
          Deferred:
             Federal                                           87,539              ( 73,230)
             State                                             22,283              ( 25,289)
                                                    ------------------    ------------------
                 Total Deferred (Benefit)                     109,822              ( 98,519)
                                                    ------------------    ------------------
                                                    $         (10,338)    $          66,830
                                                    ------------------    ------------------
  </TABLE>
  The Company's federal and state net operating loss carry forwards of
  approximately $800,000 have been utilized through September 30, 2005. For
  the nine months ended September 30, 2005, the Company recorded a current
  income tax expense of approximately $67,000, which related to various
  federal, state and local taxes. The current income tax provision was
  reduced by approximately $335,000 as a result of the use of available net
  operating losses.


                                       10
  <PAGE>
  Item 2. Management's Discussion and Analysis of Financial Condition
  and Results of Operations

  The following discussion and analysis should be read in conjunction with
  the consolidated financial statements and accompanying notes filed as part
  of this report.

  Except for historical information contained herein, this "Management's
  Discussion and Analysis of Financial Condition and Results of Operations"
  contains forward-looking statements within the meaning of the U.S. Private
  Securities Litigation Reform Act of 1995, as amended. These statements
  involve known and unknown risks, uncertainties and other factors which may
  cause the actual results, performance, or achievements of the Company to
  be materially different from any future results, performance, or
  achievements expressed or implied by such forward-looking statements.
  These forward-looking statements were based on various factors and were
  derived utilizing numerous important assumptions and other important
  factors that could cause actual results to differ materially from those in
  the forward-looking statements. Important assumptions and other factors
  that could cause actual results to differ materially from those in the
  forward-looking statements, include but are not limited to: competition in
  the Company's existing and potential future product lines of business; the
  Company's ability to obtain financing on acceptable terms if and when
  needed; uncertainty as to the Company's future profitability, uncertainty
  as to the future profitability of acquired businesses or product lines,
  uncertainty as to any future expansion of the Company. Other factors and
  assumptions not identified above were also involved in the derivation of
  these forward-looking statements and the failure of such assumptions to be
  realized as well as other factors may also cause actual results to differ
  materially from those projected. The Company assumes no obligation to
  update these forward looking statements to reflect actual results, changes
  in assumptions or changes in other factors affecting such forward-looking
  statements.

  Results of Operations

  Revenue for the three month period ended September 30, 2005 was $2,851,327
  compared to $1,629,315 for the three month period ended September 30,
  2004, an increase of 75.2%. The Company continues to experience an
  increase in sales that began during the fourth quarter of 2004.

  Revenue for the nine months ended September 30, 2005 was approximately
  $8,258,000 representing an increase of approximately $2,710,000 or 48.8%
  over the revenue of $5,548,000 earned during the nine months ended
  September 30, 2004. The Company is experiencing an increase in the number
  of inquiries and proposal submissions which has resulted in an increase in
  revenue during the current nine month period.

  The Company's gross profit increased to approximately $937,000 during the
  three months ended September 30, 2005, an increase of approximately
  $465,000 or 98.5% compared to the gross profit of approximately $472,000
  for three months ended September 30, 2004.  This increase is


                                       11
  <PAGE>
  attributable to the Company's continuous and successful efforts to reduce
  the direct costs incurred in manufacturing the product lines. In addition,
  the increased revenue enables the Company to better absorb the fixed costs
  incurred.

  The Company generated a gross profit of approximately $2,923,000 and a
  gross profit margin of 35.4% for the nine months ended September 30, 2005
  compared to a gross profit of approximately $1,617,000 and a gross profit
  margin of 29.1% for the nine months ended September 30, 2004 as a result
  of the Company's ability to more readily absorb those fixed costs through
  greater revenues and continuous cost reductions in the product lines.

  Selling and shipping expenses for the three and nine months ended
  September 30, 2005 were $181,752 and $518,716, respectively. This
  represents a marginal 1.3% increase over the same three month period one
  year ago and a 6.0% increase over the same nine month period one year ago.
  The increase is a result of the increase in costs associated with trade
  shows attended by the Company as well as additional shipping costs
  associated with the increased revenues.

  The Company incurred approximately $700,000 of general and administrative
  expenses during the quarter ended September 30, 2005, representing an
  increase of 20.7% or approximately $120,000 compared to the approximately
  $579,000 of general and administrative expenses incurred in the quarter
  ended September 30, 2004. This increase is a result of a combination of
  increased personnel as well as various increases in employee benefit
  costs, insurance, professional fees and energy costs.

  General and administrative expenses for the nine months ended September
  30, 2005 were approximately $1,873,000 compared to approximately
  $1,647,000 incurred during the nine months ended September 30, 2004, an
  increase of 13.7%. This increase is also attributable to the increases
  experienced in additional personnel, employee benefit costs, insurance,
  professional fees and energy costs

  Interest expense for the three months ended September 30, 2005 decreased
  to $50,591 compared to $53,768. This is a result of reduced borrowing by
  the Company during the current three month period.

  Interest expense for the nine months ended September 30, 2005 was $169,629
  which amounted to an increase of $4,995 or 3.0% compared to $164,634 for
  the nine months ended September 30, 2004. This increase is a result of
  increased borrowing by the Company earlier in the current year as well as
  the higher interest rates charged by the Company's lender due to the
  increase in the prime rate of interest. The prime rate of interest is
  currently 6.75% compared to 4.75% a year earlier.

  The Company's federal and state net operating loss carry forwards of
  approximately $800,000 have been utilized through September 30, 2005. For
  the nine months ended September 30, 2005, the Company recorded income tax
  expense of approximately $67,000 which related to various federal, state
  and local taxes. The current income tax provision was reduced by
  approximately $335,000 as a result of the use of available net operating
  losses.


                                       12
  <PAGE>
  As a result of the foregoing factors, for the three and nine months ended
  September 30, 2005, earned approximately $35,000 and $329,000,
  respectively compared to net losses of approximately $331,000 and $666,000
  for the same periods, respectively, one year ago. The increase in earnings
  is primarily attributable to both the increase in revenues during the
  current period and the cost reductions achieved in manufacturing.

  Liquidity and Capital Resources

  As of September 30, 2005, the Company had an aggregate working capital of
  approximately $3,118,000 compared to $2,878,000 at December 31, 2004 an
  increase of $240,000. This increase was the result of the following: our
  net income, after adding back depreciation and amortization, increased
  working capital by approximately $594,000. The increase in working capital
  also included approximately $148,000 in net proceeds from the exercise of
  our stock options. These increases were partially offset by an investment
  in capitalized software of $205,000 and by an additional $35,000 for the
  acquisition of equipment. The remaining decrease in working capital of
  $262,000 was due to changes in other current assets and liabilities.

  Accounts receivable as of September 30, 2005 was $1,846,873 compared to
  $2,375,257 as of December 31, 2004. This decrease is attributable to
  timing of customer payments.

  As of  September 30, 2005 the Company's backlog was approximately
  $2,473,000, an increase of $43,000 or 1.8% compared to $2,430,000 at
  December 31, 2004. The timing for completion of the backlog varies
  depending on the product mix, however, there is generally a one to six
  month lag in the completion and shipping of backlogged product.

  The Company has a line of credit with a bank permitting it to borrow on a
  revolving basis amounts up to the lesser of $1,000,000 or the availability
  under the borrowing base formula until June 1, 2006. The borrowing base
  shall not exceed 75% of eligible accounts receivable, defined as accounts
  receivable not aged more than ninety days from invoice date. Interest is
  payable on any unpaid principal balance at the bank's prime rate plus _ of
  1%. As of September 30, 2005, $0 was outstanding on this facility.
  Borrowings are collateralized by the Company's assets.

  The Company believes that its cash, cash equivalents and available credit
  facilities will be sufficient to meet its working capital and investment
  requirements for the next twelve months. However, future growth, including
  potential acquisitions, may require additional funding, and from time to
  time the Company may need to raise capital through additional equity or
  debt financing.





                                       13

  Item 3. Controls and Procedures.

  Evaluation of Disclosure Controls and Procedures

  Our management, with the participation of our Chief Executive Officer and
  Chief Financial Officer, conducted an evaluation of the effectiveness of
  the design and operation of our disclosure controls and procedures, as
  required by Exchange Act Rule 13a-15, as of the end of the period covered
  by this report. Based upon that evaluation, the Chief Executive Officer
  and Chief Financial Officer have concluded that our disclosure controls
  and procedures were effective to insure that information required to be
  disclosed by us in reports that we file or submit under the Exchange Act
  is recorded, processed, summarized and reported within the time periods
  specified by the SEC's rules and forms.

  Changes in Internal Controls

  There were no significant changes in the Company's internal controls over
  financial reporting that occurred during the three and nine months ended
  September 30, 2005 that have materially affected, or are reasonably likely
  to materially affect, the internal controls over financial reporting.

  Limitations on the Effectiveness of Controls

  We believe that a control system, no matter how well designed and
  operated, cannot provide absolute assurance that the objectives of the
  control systems are met, and no evaluation of controls can provide
  absolute assurance that all control issues and instances of fraud, if any,
  within a company have been detected.


                                       14
  <PAGE>
                           CVD EQUIPMENT CORPORATION

                                    PART II
                               OTHER INFORMATION


  Item 1.         Legal Proceedings.

                          None.

  Item 2.         Changes in Securities and Use of Proceeds.

                          None.

  Item 3.         Defaults Upon Senior Securities

                          None.

  Item 4.         Submission of Matters to a Vote of Security Holders.

                          At our annual meting of stockholders, which was held
            on September 13, 2005, our stockholders:

       (1)        Elected five nominees for directors to serve for a term
                 ending in 2006;
       (2)        Approved the selection of Moore Stephens, P.C. as the
                 Company's independent registered public accounting firm for
                 the year ending December 31, 2005.

                 The following tables show the common stock votes cast with
                 respect to the proposals identified above:
  <TABLE>
  <CAPTION>
  Election of Directors:                    Withheld
  ----------------------       For          Authority
                           ------------    ------------
  <S>                      <C>             <C>
  Leonard A. Rosenbaum       2,871,908          16,460
  Martin J. Teitelbaum       2,971,998          16,370
  Alan H. Temple Jr.         2,871,448          16,920
  Conrad J. Gunther          2,870,048          18,320
  Bruce T. Swan              2,869,448          18,920
  </TABLE>
  <TABLE>
  <CAPTION>
  Proposal 2:                  For           Against       Abstentions
                           ------------    ------------    ------------
                           <C>             <C>             <C>
                             2,886,228           2,140               0
  </TABLE>
  Item 5.      Other Information.

                          None.


                                       15
  <PAGE>
  Item 6.         Exhibits and Reports Filed on Form 8-K

                  (a)     Exhibits filed with this report:

  31.1    Certification of Chief Executive Officer

  31.2    Certification of Chief Financial Officer

  32.1    Certification of Chief Executive Officer pursuant to U.S.C. Section
            1350

  32.2    Certification of Chief Financial Officer pursuant to U.S.C. Section
            1350


                  (b)     Reports on Form 8-K

                                  None

                                       16
  <PAGE>
  SIGNATURES


  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, this 14th day of November 2005.

                                  CVD EQUIPMENT CORPORATION

                                  By: /s/ Leonard A. Rosenbaum
                                      ------------------------
                                      Leonard A. Rosenbaum
                                    Chief Executive Officer
                                   (Principal Executive Officer)

                                  By: /s/ Glen R. Charles
                                      ------------------------
                                      Glen R. Charles
                                      Chief Financial Officer
                                     (Principal Financial and
                                       Accounting Officer)


                                       17
  <PAGE>
                                 EXHIBIT INDEX


  EXHIBIT
  NUMBER           DESCRIPTION

  31.1             Certification of Chief Executive Officer *

  31.2             Certification of Chief Financial Officer *

  32.1             Certification of Chief Executive Officer pursuant to U.S.C.
                      Section 1350 *

  32.2             Certification of Chief Financial Officer pursuant to U.S.C.
                      Section 1350 *

  * Filed herewith


                                       18
  <PAGE>
                                                                  Exhibit 31.1
  Certifications Pursuant to Rule 13A-14 or 15D-14 of the Securities Exchange
  Act of 1934, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of
                                      2002

  I, Leonard A. Rosenbaum, certify that:
    1. I have reviewed this quarterly report on Form 10-QSB of CVD Equipment
       Corporation;

    2. Based on my knowledge, this report does not contain any untrue
       statement of a material fact or omit to state a material fact necessary
       to make the statements made, in light of the circumstances under which
       such statements were made, not misleading with respect to the period
       covered by this report;

    3. Based on my knowledge, the financial statements, and other financial
       information included in this report, fairly present in all material
       respects the financial condition, results of operations and cash flows
       of the registrant as of, and for, the periods presented in this report.

    4. The registrant's other certifying officer and I are responsible for
       establishing and maintaining disclosure controls and procedures (as
       defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) for the
       registrant and have:

         a. Designed such disclosure controls and procedures, or caused such
            disclosure controls and procedures to be designed under our
            supervision, to ensure that material information relating to the
            registrant, including its consolidated subsidiaries, is made known
            to us by others within those entities, particularly during the
            period in which this report is being prepared;
         b. Evaluated the effectiveness of the registrant's disclosure
            controls and procedures and presented in this report our
            conclusions about the effectiveness of the disclosure controls and
            procedures, as of the end of the period covered by this report
            based on such evaluation; and
         c. Disclosed in this report any change in the registrant's internal
            control over financial reporting that occurred during the
            registrant's most recent fiscal quarter (the registrant's fourth
            fiscal quarter in the case of an annual report) that has
            materially affected, or is reasonably likely to materially affect,
            the registrant's internal control over financial reporting; and

    5. The registrant's other certifying officer and I have disclosed, based
       on our most recent evaluation of internal control over financial
       reporting, to the registrant's auditors and the audit committee of the
       registrants' board of directors (or persons performing the equivalent
       functions):

         a. All significant deficiencies and material weaknesses in the design
            or operation of internal control over financial reporting which
            are reasonably likely to adversely affect the registrant's ability
            to record, process, summarize and report financial information;
            and
         b. Any fraud, whether or not material, that involves management or
            other employees who have a significant role in the registrant's
            internal control over financial reporting.


    Dated: November 14, 2005

     /s/ Leonard A. Rosenbaum
     ---------------------------
     President, Chief Executive Officer and Director


                                       19
  <PAGE>
                                                                  Exhibit 31.2
  Certifications Pursuant to Rule 13A-14 or 15D-14 of the Securities exchange
  act of 1934, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of
                                      2002

  I, Glen R. Charles, certify that:
    1. I have reviewed this quarterly report on Form 10-QSB  of  CVD Equipment
       Corporation;

    2. Based on my knowledge, this report does not contain any untrue
       statement of a material fact or omit to state a material fact necessary
       to make the statements made, in light of the circumstances under which
       such statements were made, not misleading with respect to the period
       covered by this report;

    3. Based on my knowledge, the financial statements, and other financial
       information included in this report, fairly present in all material
       respects the financial condition, results of operations and cash flows
       of the registrant as of, and for, the periods presented in this report.

    4. The registrant's other certifying officer and I are responsible for
       establishing and maintaining disclosure controls and procedures (as
       defined in Exchange Act Rules 13a-15(e) and 15d-15(e) for the
       registrant and have:

         a. Designed such disclosure controls and procedures, or caused such
            disclosure controls and procedures to be designed under our
            supervision, to ensure that material information relating to the
            registrant, including its consolidated subsidiaries, is made known
            to us by others within those entities, particularly during the
            period in which this report is being prepared;
         b. Evaluated the effectiveness of the registrant's disclosure
            controls and procedures and presented in this report our
            conclusions about the effectiveness of the disclosure controls and
            procedures, as of the end of the period covered by this report
            based on such evaluation; and
         c. Disclosed in this report any change in the registrant's internal
            control over financial reporting that occurred during the
            registrant's most recent fiscal quarter (the registrant's fourth
            fiscal quarter in the case of an annual report) that has
            materially affected, or is reasonably likely to materially affect,
            the registrant's internal control over financial reporting; and

    5. The registrant's other certifying officer and I have disclosed, based
       on our most recent evaluation of internal control over financial
       reporting, to the registrant's auditors and the audit committee of the
       registrants' board of directors (or persons performing the equivalent
       functions):

         a. All significant deficiencies and material weaknesses in the design
            or operation of internal control over financial reporting  which
            are reasonably likely to adversely affect the registrant's ability
            to record, process, summarize and report financial information;
            and
         b. Any fraud, whether or not material, that involves management or
            other employees who have a significant role in the registrant's
            internal controls over financial reporting.


    Dated: November 14, 2005

     /s/ Glen R. Charles
     ----------------------
     Chief Financial Officer


                                       20
  <PAGE>
                                                              Exhibit 32.1

                  Certification of Principal Executive Officer
                        Pursuant to U.S.C. Section 1350
        As Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of
                                      2002



  I, Leonard A. Rosenbaum, President and Chief Executive Officer of CVD
  Equipment Corporation, hereby certify, to my knowledge, that the quarterly
  report on Form 10-QSB for the period ending September 30, 2005 of CVD
  Equipment Corporation (the "Form 10-QSB") fully complies with the
  requirements of Section 13 (a) or 15 (d) of the Securities Exchange Act of
  1934 and the information contained in the Form 10-QSB fairly presents, in
  all material respects, the financial condition and results of operations
  of CVD Equipment Corporation.


  Dated: November 14, 2005     /s/   Leonard A. Rosenbaum
                                     Leonard A. Rosenbaum
                                     Chief Executive Officer
                                     (Principal Executive Officer)

                                       21
  <PAGE>
                                                              Exhibit 32.2

                  Certification of Principal Financial Officer
                        Pursuant to U.S.C. Section 1350
        As Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of
                                      2002



  I, Glen R. Charles, Chief Financial Officer of CVD Equipment Corporation,
  hereby certify, to my knowledge, that the quarterly report on Form 10-QSB
  for the period ending September 30, 2005 of CVD Equipment Corporation (the
  "Form 10-QSB") fully complies with the requirements of Section 13 (a) or
  15 (d) of the Securities Exchange Act of 1934 and the information
  contained in the Form 10-QSB fairly presents, in all material respects,
  the financial condition and results of operations of CVD Equipment
  Corporation.


  Dated: November 14, 2005     /s/   Glen R. Charles
                                     Glen R. Charles
                                     Chief Financial Officer
                                     (Principal Financial Officer)


                                       22