<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 June 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: 3,119,800 shares
       of Common Stock, $0.01 par value at August 8, 2005.
  __________________________________________________________________________



  <PAGE>

                    CVD EQUIPMENT CORPORATION AND SUBSIDIARY

                                     Index


  Part I - Financial Information

    Item 1 - Financial Statements (Unaudited)

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

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

    Comparative Consolidated Statements of Cash Flows (Unaudited)
        for the six months ended June 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                   15

  Signatures                                                                16

  Exhibit Index                                                             17
  Certification of Chief Executive Officer                                  18
  Certification of Chief Financial Officer                                  19
  Certification of Chief Executive Officer pursuant to U.S.C. Section 1350  20
  Certification of Chief Financial Officer pursuant to U.S.C. Section 1350  21

  <PAGE>

                         PART 1 - FINANCIAL INFORMATION
                         Item 1 - Financial Statements

                   CVD EQUIPMENT CORPORATION  AND SUBSIDIARY
                          Consolidated Balance Sheets
  <TABLE>
  <CAPTION>
                                                                                   June 30, 2005
                                                                                    (Unaudited)     December 31, 2004
                                                                                  --------------    -----------------
  <S>                                                                             <C>               <C>
  ASSETS
  Current Assets:
       Cash and cash equivalents                                                   $   133,428       $     171,463
       Accounts receivable, net                                                      2,510,417           2,375,257
       Cost  in excess of billings on uncompleted contracts                             37,087           1,110,362
       Inventories                                                                   2,036,495           1,823,453
       Other current assets                                                            101,342             110,743
                                                                                  --------------    -----------------
       Total current assets                                                          4,818,769           5,591,278

  Property, plant and equipment, net                                                 5,036,205           5,153,017
  Deferred income taxes                                                                509,084             300,743
  Other assets                                                                         507,429             398,587
  Intangible assets, net                                                               102,850             109,558
                                                                                  --------------    -----------------
       Total assets                                                                $10,974,337       $  11,553,183
                                                                                  ==============    =================


  LIABILITIES AND STOCKHOLDERS' EQUITY
  Current Liabilities:
       Current maturities of long-term debt                                        $   217,341       $     213,394
       Short-term notes payable                                                        150,000             850,000
       Accounts payable                                                                550,307             725,706
       Accrued expenses                                                                808,032             584,443
       Accrued professional fees - related party                                        35,000              41,626
       Customer deposits                                                                 ---               298,152
       Deferred revenue                                                                 54,489               ---
                                                                                  --------------    -----------------
       Total current liabilities                                                     1,815,169           2,713,321

  Long-term debt, net of current portion                                             3,031,563           3,140,628
                                                                                  --------------    -----------------
       Total liabilities                                                             4,846,732           5,853,949
                                                                                  --------------    -----------------

  Commitments and contingencies                                                          ---                 ---

  Stockholders' Equity
       Common stock, par value  $.01 per share, authorized 10,000,000 shares;
       issued and outstanding, 3,119,800 shares at June 30, 2005 and
       3,039,100 shares at December 31, 2004                                            31,198              30,391
       Additional paid-in capital                                                    3,035,442           2,902,149
       Retained earnings                                                             3,060,965           2,766,694
                                                                                  --------------    -----------------
       Total stockholders' equity                                                    6,127,605           5,699,234
                                                                                  --------------    -----------------
       Total liabilities and stockholders' equity                                  $10,974,337       $  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                    Six Months Ended
                                                             June 30                             June 30
                                                      2005               2004             2005               2004
                                                --------------    --------------    --------------    --------------
  <S>                                           <C>               <C>               <C>               <C>
  Revenue:                                      $  3,008,563       $  1,726,598      $ 5,406,633       $   3,918,533

  Cost of Revenue                                  1,794,337          1,171,066        3,421,064           2,773,131
                                                --------------    --------------    --------------    --------------
  Gross profit                                     1,214,226            555,532        1,985,569           1,145,402
                                                --------------    --------------    --------------    --------------
  Operating expenses
       Selling and shipping                          166,848            164,715          336,964             309,693
       General and administrative                    606,906            574,755        1,138,170           1,043,687
       Related party - professional fees              25,000             12,500           35,000              25,000
                                                --------------    --------------    --------------    --------------
  Total operating expenses                           798,754            751,970        1,510,134           1,378,380

  Operating income (loss)                            415,472           (196,438)         475,435            (232,978)
                                                --------------    --------------    --------------    --------------
  Other income (expense)
       Interest income                                    82                236              708                 345
       Interest expense                              (56,495)           (53,999)        (119,038)           (110,866)
       Other income                                   10,154              7,885           14,334               9,900
                                                --------------    --------------    --------------    --------------
  Total other (expense)                              (46,259)           (45,878)        (103,996)           (100,621)

  Income (loss) before income taxes                  369,213           (242,316)         371,439            (333,599)

  Income tax provision                          $    (76,035)              (800)     $   (77,168)             (1,120)
                                                --------------    --------------    --------------    --------------
  Net income (loss)                             $    293,178       $   (243,116)     $   294,271       $    (334,719)
                                                ==============    ==============    ==============    ==============
  Basic income (loss) per common share          $       0.09       $      (0.08)     $      0.10               (0.11)
                                                ==============    ==============    ==============    ==============
  Diluted income (loss) per common share        $       0.09       $      (0.08)     $      0.09               (0.11)
                                                ==============    ==============    ==============    ==============
  Weighted average common shares outstanding
      basic income (loss) per share                3,100,180          3,039,100        3,069,809           3,039,100

  Effect of potential common share issuance:
      Stock options                                  145,176              ---             46,828               ---
                                                --------------    --------------    --------------    --------------
  Weighted average common shares outstanding
      diluted income (loss) per share              3,245,356          3,039,100        3,116,637           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>
                                                                                           Six Months Ended
                                                                                               June 30
                                                                                       2005               2004
                                                                                  --------------    --------------
  <S>                                                                             <C>               <C>
  Cash flows from operating activities
       Net income (loss)                                                                 294,271       $  (334,719)
       Adjustments to reconcile net income (loss) to net cash provided by
          operating activities:
       Depreciation and amortization                                                     177,684           178,518
       Deferred tax benefit                                                             (208,341)            ---
       Bad debt provision                                                                   (393)           (3,691)
      Changes in operating assets and liabilities:
       Accounts receivable                                                              (134,767)          915,597
       Cost in excess of billings on uncompleted contracts                             1,073,275            34,297
       Inventory                                                                        (213,042)         (392,990)
       Other current assets                                                                9,401           (43,223)
       Other assets                                                                     (133,790)         (121,005)
        Accounts payable                                                                (175,399)           28,960
        Accrued expenses                                                                 216,963           238,336
        Customer deposits                                                               (298,152)            ---
        Billing in excess of costs on uncompleted contracts                                    0          (174,068)
        Deferred revenue                                                                  54,489             ---
                                                                                  --------------    --------------
  Net cash provided by operating activities                                              662,199           326,012
                                                                                  --------------    --------------
  Cash flows from investing activities:
       Capital expenditures                                                              (29,216)          (23,009)
                                                                                  --------------    --------------
  Net cash used in investing activities                                                  (29,216)          (23,009)
                                                                                  --------------    --------------
  Cash flows from financing activities:
       Proceeds from short-term borrowings                                               400,000           575,000
       Payments of short-term borrowings                                              (1,100,000)         (575,000)
       Proceeds from long-term debt                                                            0            26,460
       Payments of long-term debt                                                       (105,118)          (94,995)
       Net proceeds from stock options exercised                                         134,100             ---
                                                                                  --------------    --------------
  Net cash used in financing activities                                                 (671,018)          (68,535)
                                                                                  --------------    --------------
  Net (decrease) increase in cash and cash equivalents                                   (38,035)          234,468

  Cash and cash equivalents at beginning of period                                       171,463           321,490
                                                                                  --------------    --------------
  Cash and cash equivalents at end of period                                         $   133,428       $   555,958
                                                                                  ==============    ==============



  <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 six months
  ended June 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
  <TABLE>
  <CAPTION>
  Costs, estimated earnings and billings on uncompleted contracts are
  summarized as follows:

                                                   June 30, 2005      December 31, 2004
                                                 -----------------    -----------------
  <S>                                            <C>                  <C>
  Costs incurred on uncompleted contracts         $    118,217         $  1,142,057
  Estimated earnings                                   144,488            1,084,166
                                                 -----------------    -----------------
                                                       262,705            2,226,223
  Billings to date                                    (225,618)          (1,115,861)
                                                 -----------------    -----------------
                                                  $     37,087         $  1,110,362
                                                 -----------------    -----------------
  Included in accompanying balance sheets
    Under the following captions:

      Costs and estimated earnings in excess
          of billings on uncompleted contracts    $     37,087         $  1,110,362
      Billings in excess of costs and estimate
          earnings on uncompleted contracts                  0                    0
                                                 -----------------    -----------------
                                                  $     37,087         $  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
  <TABLE>
  <CAPTION>
  Inventories consist of the following:

                                      June 30, 2005      December 31, 2004
                                    -----------------    -----------------
  <S>                               <C>                  <C>
  Raw materials                     $    688,494         $    628,934
  Work-in-process                        839,807              686,325
  Finished goods                         508,194              508,194
                                    -----------------    -----------------

                                    $  2,036,495         $  1,823,453
                                    -----------------    -----------------
  </TABLE>

  NOTE 6: BAD DEBTS

  The Company records an allowance for uncollectible amounts based on a
  review of the collectibility of its accounts receivable. Management
  determines the adequacy of this allowance by analyzing historical bad
  debts, continually evaluating individual customer's receivables and
  considering the customer's financial condition and current economic
  conditions. If the financial condition of the customers were to
  deteriorate, resulting in an impairment of their ability to make
  payments, additional allowances could be required.

  NOTE 7: SHORT TERM BORROWINGS
  <TABLE>
  <CAPTION>

                                      June 30, 2005      December 31, 2004
                                    -----------------    -----------------
  <S>                               <C>                  <C>
                                    $    150,000         $    850,000
  </TABLE>

  On June 1, 2005, the Company and its bank renewed its one year line of
  credit facility. The Company may borrow on a revolving basis amounts up
  to $1,000,000 or the availability under the borrowing base formula. 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 3/4 of 1%. The prime rate was 6.25% and 5.25% and
  the amount outstanding on the facility was $150,000 and $850,000 on June
  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 June 30,       Six months ended June 30,
                                                     2005           2004              2005           2004
                                                 ------------   ------------      ------------   ------------
  <S>                                            <C>            <C>               <C>            <C>
  Net income (loss), as reported                 $   293,178    $  (243,116)      $   294,271    $  (334,719)

  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              (1,673)       (18,625)           (4,328)       (37,249)
                                                 ------------   ------------      ------------   ------------
  Pro forma net income (loss)                    $   291,505    $  (261,741)      $   289,943    $  (371,968)
                                                 ------------   ------------      ------------   ------------


  Earnings (loss) per share:
          Basic-as reported                         $  0.09        $ (0.08)          $  0.10        $ (0.11)
                                                 ------------   ------------      ------------   ------------
          Basic-pro forma                           $  0.09        $ (0.09)          $  0.09        $ (0.12)
                                                 ------------   ------------      ------------   ------------

          Diluted-as reported                       $  0.09        $ (0.08)          $  0.09        $ (0.11)
                                                 ------------   ------------      ------------   ------------
              Diluted-pro forma                     $  0.09        $ (0.09)          $  0.09        $ (0.12)
                                                 ------------   ------------      ------------   ------------

  </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 June 30,      Six Months Ended June 30,
                                            2005                             2005
                                       --------------                  --------------
      <S>                              <C>                             <C>
      Current:
         Federal                       $     246,577                   $     246,577
         State                                37,799                          38,932
                                       --------------                  --------------
             Total Current Provision         284,376                         285,509
      Deferred:
         Federal                            (160,769)                      (160,769)
         State                               (47,572)                       (47,572)
                                       --------------                  --------------
             Total Deferred (Benefit)       (208,341)                      (208,341)
                                       --------------                  --------------
                                       $      76,035                   $     77,168
                                       --------------                  --------------
  </TABLE>
  The Company has federal and state net operating loss carry forwards of
  approximately $966,000 at June 30, 2005. For the six months ended June 30,
  2005, the Company recorded a current income tax expense of approximately
  $77,000, which related to various federal, state and local taxes. The
  current income tax provision was reduced by approximately $238,000 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 June 30, 2005 was $3,008,563
  compared to $1,726,598 for the three month period ended June 30, 2004,
  an increase of 74.2%. This resulted from an increase in sales that began
  during the second half of 2004.

  Revenue for the six months ended June 30, 2005 was approximately
  $5,407,000 representing an increase of approximately $1,488,000 or 38%
  over the revenue of $3,919,000 earned during the six months ended June
  30, 2004. This is a result of an increase in sales that began during the
  latter half of 2004.

  The Company's gross profit increased to approximately $1,214,000 during
  the three months ended June 30, 2005, an increase of approximately
  $658,000 or 118.3% compared to the gross profit of approximately
  $556,000 for three months ended June 30, 2004.  This increase is


                                       11



  <PAGE>

  attributable to the Company's ability to absorb the fixed costs incurred
  due to the increased revenues in addition to the Company's ability to
  reduce the direct costs incurred in manufacturing the product lines.

  The Company generated a gross profit of approximately $1,986,000 and a
  gross profit margin of 36.7% for the six months ended June 30, 2005
  compared to a gross profit of approximately $1,145,000 and a gross
  profit margin of 29.2% for the six months ended June 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 six months ended June
  30, 2005 were $166,848 and $336,964, respectively. This represents a
  marginal 1.3% increase over the same three month period one year ago and
  an 8.8% increase over the same six month period one year ago. The
  increase is a result of the increase in costs associated with trade
  shows.

  The Company incurred approximately $632,000 of general and
  administrative expenses during the quarter ended June 30, 2005,
  representing an increase of 7.6% or approximately $45,000 compared to
  the approximately $587,000 of general and administrative expenses
  incurred in the quarter ended June 30, 2004. This increase is a result
  of various increases in employee benefit costs, building and general
  insurance costs in addition to those ancillary costs associated with the
  acquisition of certain assets from First Nano, Inc..

  General and administrative expenses for the six months ended June 30,
  2005 were approximately $1,173,000 compared to approximately $1,069,000
  incurred during the six months ended June 30, 2004, an increase of 9.7%.
  This increase is also attributable to the increases experienced in
  employee benefit costs, building and general insurance costs and those
  costs incurred as a result of the acquisition of certain assets from
  First Nano, Inc.

  Interest expense for the three and six months ended June 30, 2005
  increased to $56,495 and $119,038, respectively compared to $53,999 and
  $110,866 for the three and six months ended June 30, 2004. This
  represents an increase of 4.6% and 7.4% for the three and six months
  ended June 30, 2004 as a result of increased borrowing by the Company at
  higher interest rates on its short-term revolving credit line.

  The Company has federal and state net operating loss carry forwards of
  approximately $966,000 at June 30, 2005. For the six months ended June
  30, 2005, the Company recorded a current income tax expense of
  approximately $77,000, which related to various federal, state and local
  taxes. The current income tax provision was reduced by approximately
  $238,000 as a result of the use of available net operating losses. We
  also re-evaluated the deferred tax asset valuation allowance and further
  reduced the provision by approximately $208,000, which was recorded as a
  tax benefit.

  As a result of the foregoing factors, for the three and six months ended
  June 30, 2005, the Company earned approximately $293,000 and $294,000,
  respectively compared to net losses of


                                       12

  <PAGE>

  approximately $243,000 and $335,000 for the same periods, respectively,
  one year ago. The increase 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 June 30, 2005, the Company had an aggregate working capital of
  approximately $3,004,000 compared to $2,878,000 at December 31, 2004 an
  increase of $126,000. This increase was the result of the following: our
  net income, after adding back depreciation and amortization, increased
  working capital by approximately $472,000. The increase in working
  capital also included approximately $134,000 in net proceeds from the
  exercise of stock options. These increases were partially offset by an
  investment in capitalized software of $125,000 and by an additional
  $29,000 for the acquisition of equipment. The remaining decrease in
  working capital of $326,000 was due to changes in other current assets
  and liabilities.

  Accounts receivable as of June 30, 2005 was $2,510,417 compared to
  $2,375,257 as of December 31, 2004. This increase is attributable to
  timing of customer payments and increased billings.

  As of  June 30, 2005 the Company's backlog was approximately $2,560,000,
  an increase of $130,000 or 5.3% 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.

  On June 1, 2005 the Company and its bank renewed its one year line of
  credit facility. The Company may borrow on a revolving basis amounts up
  to the lesser of $1,000,000 or the availability under the borrowing base
  formula. 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 3/4 of 1%. As of June 30, 2005,
  $150,000 was outstanding on this facility compared to $850,000 at
  December 31, 2004. 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

  <PAGE>

  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 six months ended June
  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



                           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.

                          None.

  Item 5.         Other Information.

                          None.

  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

                                       15


  <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 11th day of August 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)




                                       16


  <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



                                       17

  <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: August 11, 2005

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

                                       18
  <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: August 11, 2005

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


                                       19
  <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 June 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: August 11, 2005       /s/   Leonard A. Rosenbaum
                                     Leonard A. Rosenbaum
                                     Chief Executive Officer
                                     (Principal Executive Officer)


                                       20
  <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 June 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: August 11, 2005       /s/   Glen R. Charles
                                     Glen R. Charles
                                     Chief Financial Officer
                                     (Principal Financial Officer)


                                       21