{"filings":[{"id":442558,"accession_number":"0001437749-26-017044","cik":1621832,"company_name":"Aqua Metals, Inc.","ticker":"AQMS","form_type":"8-K","filed_at":"2026-05-14T20:06:32+00:00","items":["2.02","9.01"],"status":"ready","headline":"Aqua Metals drops Lion Energy acquisition; Q1 tech milestones advance commercialization","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Will not proceed with Lion Energy acquisition under current structure; evaluating alternative capital-efficient structures.","Innovation Center surpassed 5,000 cumulative operating hours; produced battery-grade lithium carbonate from NMC/LFP feedstocks.","Produced manganese sulfate at ~99.8% purity, expanding platform to critical minerals and undersea nodules.","Advancing site selection for first commercial lithium battery recycling facility; expects to identify preferred site in coming months.","Active partnerships with 6K Energy, Westwin Elements, Impossible Metals, MOBY Robotics, American Battery Factory."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":14221286.175742574,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":106307,"accession_number":"0001437749-26-010716","cik":1621832,"company_name":"Aqua Metals, Inc.","ticker":"AQMS","form_type":"8-K","filed_at":"2026-03-31T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Aqua Metals reports 2025 milestones: technology expansion, partnerships, $17.1M raised, cash $10.8M","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Raised $17.1M in new funding, strengthened balance sheet; cash $10.8M at Dec 31, 2025; no long-term debt.","Advanced ARC commercial facility design (10k-60k metric tons/yr capacity); targeting capital-efficient partnerships.","Signed supply deal with 6K Energy, LOI with Westwin Elements, MOUs with Impossible Metals and MOBY Robotics.","Produced battery-grade lithium carbonate with <30 ppm fluorine; pilot-scale LFP recycling demonstrated.","Potential Lion Energy transaction could expand into energy storage and equity in American Battery Factory."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":14221286.175742574,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":106306,"accession_number":"0001437749-26-003828","cik":1621832,"company_name":"Aqua Metals, Inc.","ticker":"AQMS","form_type":"8-K","filed_at":"2026-02-11T23:59:59+00:00","items":["1.01","2.01","8.01","9.01"],"status":"ready","headline":"Aqua Metals signs term sheet to acquire Lion Energy for up to $94.9M","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Lion Energy generated ~$50M revenue in 2025; acquisition adds immediate scale to Aqua Metals.","Total consideration up to $94.9M: $4.1M cash/other, $25.8M stock, up to $65M earn-out on revenue/EBITDA.","Post-close board: 3 existing Aqua independent directors, CEO Steve Cotton, and Lion Energy majority owner.","Transaction expected to close in Q2 2026, subject to due diligence, shareholder approval, and $25M credit facility.","Aqua also acquires Lion's minority stake in American Battery Factory, linking manufacturing and recycling."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":14221286.175742574,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":122616,"accession_number":"0001437749-25-036656","cik":1621832,"company_name":"Aqua Metals, Inc.","ticker":"AQMS","form_type":"8-K","filed_at":"2025-12-02T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Aqua Metals files new S-3 to continue ATM equity offering program","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Filed new S-3 registration (File 333-290948) effective Nov 5, 2025; prospectus supplement filed Dec 2, 2025.","Continues at-the-market equity offering program with The Benchmark Company as sales agent.","Prior S-3 registration (File 333-267780) expired October 19, 2025.","Amendment to Sales Agreement filed without material changes to terms."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":14221286.175742574,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":122615,"accession_number":"0001437749-25-034449","cik":1621832,"company_name":"Aqua Metals, Inc.","ticker":"AQMS","form_type":"8-K","filed_at":"2025-11-12T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Aqua Metals raises $17.1M, advances LFP recycling and strategic partnerships in Q3 2025 update","summary_kind":"llm","event_type":"other_material","confidence":"medium","bullets":["Raised $4.1M in Q3 plus $13M from institutional investor in October, extending runway.","Processed 1 metric ton of LFP cathode scrap into battery-grade lithium carbonate.","Signed LOI with Westwin Elements for potential 500–1,000 MT recycled nickel carbonate annually (~$12M contract value).","Signed two MOUs with MOBY Robotics and Impossible Metals for deep-sea mineral refining.","Regained compliance with NASDAQ minimum bid requirement."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":14221286.175742574,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":122614,"accession_number":"0001437749-25-031102","cik":1621832,"company_name":"Aqua Metals, Inc.","ticker":"AQMS","form_type":"8-K","filed_at":"2025-10-16T23:59:59+00:00","items":["1.01","3.02","9.01"],"status":"ready","headline":"Aqua Metals raises $13M via registered direct offering and private placement warrants","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Gross proceeds $13M from sale of 1,133,794 shares/pre-funded warrants at $11.34 per share.","Concurrent private placement of 5-year warrants for up to 1,133,794 shares at $11.34 exercise price.","Closing expected October 16, 2025; net proceeds for working capital and general corporate purposes.","The Benchmark Company acted as sole placement agent with 7% cash fee plus expense reimbursement."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":14221286.175742574,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":139319,"accession_number":"0001437749-25-028526","cik":1621832,"company_name":"Aqua Metals, Inc.","ticker":"AQMS","form_type":"8-K","filed_at":"2025-09-08T23:59:59+00:00","items":["3.01"],"status":"ready","headline":"Aqua Metals regains Nasdaq minimum bid compliance after reverse split and hearing","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["Nasdaq confirmed Sept 4, 2025 that AQMS regained compliance with Listing Rule 5550(a)(2) after 1-for-10 reverse stock split on Aug 4, 2025.","Company had fallen below $1.00 closing bid price for 30 consecutive days; previous reverse split made it ineligible for grace period.","Nasdaq Hearing Panel heard appeal on Aug 19, 2025; mandatory panel monitor in place until Sept 4, 2026.","If noncompliant again during monitoring, no grace period available; delisting determination could follow unless appeal is requested."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":14221286.175742574,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":139318,"accession_number":"0001437749-25-026503","cik":1621832,"company_name":"Aqua Metals, Inc.","ticker":"AQMS","form_type":"8-K","filed_at":"2025-08-13T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Aqua Metals Q2 2025: best-in-class low-fluorine lithium carbonate, eliminates all long-term debt","summary_kind":"llm","event_type":"earnings","confidence":"medium","bullets":["Produced <30 ppm fluorine lithium carbonate, likely industry-best; 100 kg shipped for sampling to strategic counterparties.","Completed $4.3M sale of Sierra ARC facility; eliminated all long-term debt, strengthening balance sheet.","Cash increased to $1.9M from $1.6M quarter-start; extended runway via ELOC and cost reduction initiatives.","Appointed Eric West as CFO (formerly VP Finance), completing CFO transition.","Internal study shows U.S. AquaRefining is cost-competitive with Chinese methods at half traditional U.S. hydrometallurgical cost."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":14221286.175742574,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":139317,"accession_number":"0001437749-25-023332","cik":1621832,"company_name":"Aqua Metals, Inc.","ticker":"AQMS","form_type":"8-K","filed_at":"2025-07-24T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Aqua Metals shareholders approve reverse stock split and $10M Lincoln Park equity facility","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["All four director nominees elected (DiVito, Cotton, Henderson, Gangloff) with >1.7M votes for each.","Reverse stock split approved (4.35M for vs 0.55M against); ratio range 1:2 to 1:10 set by board.","Approved issuance of up to $10M common stock to Lincoln Park Capital Fund under purchase agreement (2.0M for, 0.24M against).","Amendment to 2019 Stock Incentive Plan to increase reserved shares approved (1.57M for, 0.65M against).","Ratification of Forvis Mazars as auditor and advisory say-on-pay approved by large margins."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":14221286.175742574,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":139316,"accession_number":"0001437749-25-022143","cik":1621832,"company_name":"Aqua Metals, Inc.","ticker":"AQMS","form_type":"8-K","filed_at":"2025-07-03T23:59:59+00:00","items":["3.01"],"status":"ready","headline":"Aqua Metals receives Nasdaq delisting notice for bid price non-compliance; plans appeal and reverse split vote","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["Nasdaq notified Aqua Metals on July 2, 2025 that its stock bid price closed below $1.00 for 30 straight days.","Due to a reverse stock split within the prior year, Aqua Metals is not eligible for a compliance period and faces delisting.","Company will appeal to Nasdaq Hearing Panel by July 9, 2025, which will stay delisting pending the appeal.","Shareholder meeting scheduled for July 22, 2025 to vote on a reverse stock split (ratio 1:2 to 1:10) to regain compliance.","No guarantee that stockholders will approve the reverse split or that compliance will be achieved in time."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":14221286.175742574,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":156895,"accession_number":"0001437749-25-020318","cik":1621832,"company_name":"Aqua Metals, Inc.","ticker":"AQMS","form_type":"8-K","filed_at":"2025-06-13T23:59:59+00:00","items":["5.03","9.01"],"status":"ready","headline":"Aqua Metals lowers shareholder quorum threshold to one-third of outstanding shares","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Board approved amendment to Bylaws on June 9, 2025, effective immediately.","Quorum reduced from majority to at least one-third (33.33%) of outstanding shares entitled to vote.","Change applies to all stockholder meetings for transaction of business."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"market_cap_usd":14221286.175742574,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":156894,"accession_number":"0001437749-25-018795","cik":1621832,"company_name":"Aqua Metals, Inc.","ticker":"AQMS","form_type":"8-K","filed_at":"2025-05-29T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Aqua Metals board member Molly Zhang resigns for personal reasons","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Molly Zhang resigned from the Aqua Metals board on May 22, 2025, citing personal reasons.","Zhang's departure reduces board size; no immediate replacement has been announced.","Resignation disclosed in Form 8-K filed May 29, 2025.","No further details on timing or succession were provided."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":14221286.175742574,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":156893,"accession_number":"0001437749-25-017427","cik":1621832,"company_name":"Aqua Metals, Inc.","ticker":"AQMS","form_type":"8-K","filed_at":"2025-05-16T23:59:59+00:00","items":["1.01","3.02","9.01"],"status":"ready","headline":"Aqua Metals secures up to $10M common stock purchase agreement with Lincoln Park Capital","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Lincoln Park committed to purchase up to $10M of common stock over 24 months at company's discretion.","Regular purchases up to 20,000 shares per day (max $500K each); accelerated purchases allowed.","Company issued 227,175 shares to Lincoln Park as commitment fee for the facility.","Sales require effectiveness of a resale registration statement; company must file within 10 days.","Company may terminate agreement with one business day notice at no cost or penalty."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":14221286.175742574,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":156892,"accession_number":"0001437749-25-017296","cik":1621832,"company_name":"Aqua Metals, Inc.","ticker":"AQMS","form_type":"8-K","filed_at":"2025-05-16T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Aqua Metals sells Waltham property for $4.3M; close expected by June 12, 2025","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Subsidiary Aqua Metals Waltham Holdings LLC agrees to sell Sierra Arc Property (five acres, 21,050 sq ft building) to Trident Enterprises for $4.3M.","Buyer deposits $150K earnest money; $50K is immediately nonrefundable upon deposit.","Buyer has a 20-day due diligence period; closing on or before June 12, 2025 if conditions satisfied.","Property includes approx. 98,010 sq ft land and a 21,050 sq ft industrial building in McCarran, NV.","Sale is 'as is' with standard representations, warranties, and indemnifications per the agreement."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":14221286.175742574,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":156891,"accession_number":"0001437749-25-016427","cik":1621832,"company_name":"Aqua Metals, Inc.","ticker":"AQMS","form_type":"8-K","filed_at":"2025-05-13T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Aqua Metals appoints Eric West as CFO effective May 19, 2025","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Eric West appointed CFO, effective May 19, 2025; previously VP of Finance at Aqua Metals (2019-2024).","Base salary of $300,000; eligible for short-term bonus up to 75% and long-term bonus up to 125% of base.","Granted RSUs for 100,000 shares vesting over three years under 2019 Stock Incentive Plan.","Severance of 12 months salary plus pro-rata bonuses if terminated without cause or resigns for good reason."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":14221286.175742574,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":156890,"accession_number":"0001437749-25-015487","cik":1621832,"company_name":"Aqua Metals, Inc.","ticker":"AQMS","form_type":"8-K","filed_at":"2025-05-08T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Aqua Metals Q1 update: product expansion, Sierra ARC sale, CFO transition","summary_kind":"llm","event_type":"leadership","confidence":"low","bullets":["Aqua Metals produced initial samples of nickel carbonate, MHP, and achieved LFP recycling breakthrough.","Entered contract to sell Sierra ARC property; proceeds retire all debt and reduce monthly holding costs ~$100K.","CFO Judd Merrill to transition from CFO on May 16, with Eric West stepping in as CFO on May 19.","No specific Q1 revenue or earnings figures were disclosed in the press release."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":14221286.175742574,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":156889,"accession_number":"0001437749-25-014084","cik":1621832,"company_name":"Aqua Metals, Inc.","ticker":"AQMS","form_type":"8-K","filed_at":"2025-05-01T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Aqua Metals CFO Judd Merrill to resign effective May 16, 2025; consulting through August","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["CFO Judd Merrill notified resignation effective May 16, 2025, after filing Q1 10-Q.","Short-term consulting arrangement through August 2025 to assist transition.","No replacement CFO named yet."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":14221286.175742574,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":175282,"accession_number":"0001437749-25-010183","cik":1621832,"company_name":"Aqua Metals, Inc.","ticker":"AQMS","form_type":"8-K","filed_at":"2025-03-31T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Aqua Metals reports 2024 milestones: validated Li AquaRefining, raised $15M, advanced Sierra ARC","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Li AquaRefining pilot achieved >99% recovery of lithium, cobalt, nickel with 83% lower CO2 emissions.","Produced >600 lbs of >99.5% pure battery-grade lithium carbonate; supplied to CAM producers.","Raised ~$15M in equity and $1.5M bridge financing; $2.2M Nevada tax abatement received.","Signed long-term supply agreement with 6K Energy for domestic cathode recycled content.","Sierra ARC Phase One facility ready for equipment installation; commercialization subject to additional financing."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":14221286.175742574,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":175281,"accession_number":"0001437749-25-003161","cik":1621832,"company_name":"Aqua Metals, Inc.","ticker":"AQMS","form_type":"8-K","filed_at":"2025-02-07T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Aqua Metals appoints Steve Henderson and Eric Gangloff to Board of Directors","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Steve Henderson (former EVP Leggett & Platt, Dow Chemical auto division head) and Eric Gangloff (Summit Alt Investments) appointed effective Feb 3, 2025.","Gangloff participated in Dec 2024 private placement: $400k secured note at 20% interest due Dec 31, 2025, and warrant for 200k shares at $1.92.","Prior $3M loan from Summit (Gangloff-controlled) at 9.5% interest due March 27, 2025, secured by company assets.","Appointments aim to accelerate scaling of AquaRefining process for low-carbon battery recycling and critical minerals supply."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":14221286.175742574,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":192234,"accession_number":"0001437749-24-038285","cik":1621832,"company_name":"Aqua Metals, Inc.","ticker":"AQMS","form_type":"8-K","filed_at":"2024-12-23T23:59:59+00:00","items":["1.01","2.03","3.02"],"status":"ready","headline":"Aqua Metals raises $1.5M via secured notes (20% interest) and 750k warrants at $1.92","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Aggregate principal amount of $1,500,000 from eight accredited investors; officers/directors purchased $850,000.","Notes accrue interest at 20% per annum; entire principal plus interest due Dec 31, 2025.","Warrants to purchase 750,000 shares at $1.92 per share, exercisable over five years.","Notes secured by first lien on strategic metal inventory and second lien on all other assets.","Private placement closed Dec 19, 2024; issuance exempt under Section 4(a)(2) and Rule 506."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":14221286.175742574,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":192233,"accession_number":"0001437749-24-035293","cik":1621832,"company_name":"Aqua Metals, Inc.","ticker":"AQMS","form_type":"8-K","filed_at":"2024-11-14T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Aqua Metals reports Q3 progress on financing, lithium carbonate production, and Sierra ARC prep","summary_kind":"llm","event_type":"other_material","confidence":"medium","bullets":["Pilot produced over 99.5% pure battery-grade lithium carbonate in kg quantities.","Evaluating term sheets for long-term financing and commercial supply/offtake agreements.","Sierra ARC site prep complete; expects 6-9 month buildout after funding, initially 3,000 tonnes/year.","Technology eliminates sodium sulfate byproduct, reducing chemical and waste disposal costs.","No specific Q3 revenue or EPS figures provided in the release."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":14221286.175742574,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":192232,"accession_number":"0001437749-24-032972","cik":1621832,"company_name":"Aqua Metals, Inc.","ticker":"AQMS","form_type":"8-K","filed_at":"2024-11-01T23:59:59+00:00","items":["5.03","5.07","9.01"],"status":"ready","headline":"Aqua Metals announces 1-for-20 reverse stock split effective Nov 5, 2024","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Stockholders approved reverse split at special meeting Oct 28: 69.9M for, 6.4M against, 0.3M abstain.","Board set ratio at 1-for-20; effective 12:01 AM ET Nov 5, 2024; trading begins split-adjusted same day.","Shares outstanding to drop from ~137.6M to ~6.9M; no fractional shares, cash in lieu paid.","Proportionate ownership unchanged; adjustments made to equity awards and warrants.","Ticker remains AQMS on Nasdaq; reverse split intended to meet listing requirements."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":14221286.175742574,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":208716,"accession_number":"0001437749-24-028644","cik":1621832,"company_name":"Aqua Metals, Inc.","ticker":"AQMS","form_type":"8-K","filed_at":"2024-09-06T23:59:59+00:00","items":["3.01"],"status":"ready","headline":"Aqua Metals receives Nasdaq deficiency notice for audit committee composition after director resignation","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["Director Edward Smith resigned Aug 21, 2024, leaving audit committee below minimum three independent members required by Nasdaq Rule 5605(c)(2).","Company has cure period until earlier of next annual meeting or Aug 21, 2025; if meeting before Feb 17, 2025, compliance due Feb 17, 2025.","Company intends to appoint a third independent director to regain compliance in a timely manner."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":14221286.175742574,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":208715,"accession_number":"0001437749-24-028151","cik":1621832,"company_name":"Aqua Metals, Inc.","ticker":"AQMS","form_type":"8-K","filed_at":"2024-08-30T23:59:59+00:00","items":["1.01","1.02","8.01","9.01"],"status":"ready","headline":"Aqua Metals enters $30M ATM equity facility with Benchmark; terminates prior B. Riley agreement","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Company may sell up to $30M of common stock through Benchmark as sales agent in at-the-market offerings.","Agent commission set at 2.5% of gross proceeds; Company reimburses up to $27,500 in expenses.","Prior ATM agreement with B. Riley FBR terminated effective September 3, 2024; no penalties incurred.","Sales will be made under existing Form S-3 (File No. 333-267780) and a prospectus supplement."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":14221286.175742574,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":208714,"accession_number":"0001437749-24-027601","cik":1621832,"company_name":"Aqua Metals, Inc.","ticker":"AQMS","form_type":"8-K","filed_at":"2024-08-22T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Aqua Metals director Edward Smith resigns from board for personal reasons","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Edward Smith resigned from the Board of Directors effective August 21, 2024.","Resignation is for personal reasons, not related to any disagreement with the company.","No replacement or succession plan announced as of the filing date."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":14221286.175742574,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":208713,"accession_number":"0001437749-24-025536","cik":1621832,"company_name":"Aqua Metals, Inc.","ticker":"AQMS","form_type":"8-K","filed_at":"2024-08-08T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Aqua Metals terminates executive Dave McMurtry without cause, effective Sept 1, 2024","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Company exercised option under Amended Executive Employment Agreement to terminate Dave McMurtry without cause.","Termination effective September 1, 2024; no successor or interim appointment announced.","No reason for termination disclosed; no severance or other terms provided in filing."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":14221286.175742574,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":208712,"accession_number":"0001437749-24-024650","cik":1621832,"company_name":"Aqua Metals, Inc.","ticker":"AQMS","form_type":"8-K","filed_at":"2024-08-05T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Aqua Metals loses $33M credit facility; cuts workforce; Sierra ARC delayed to 2025","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Non-binding $33M secured credit facility suspended by lender due to high interest rates and >25% drop in lithium carbonate pricing since term sheet signing.","Completed reduction in force; expects ~1 year of cash runway with no other cash sources, through cost deferrals and asset sales.","Sierra ARC timeline shifted from late 2024 to 2025; facility remains at or under budget to date.","Closed $7.3M net funding round in Q2; pilot facility operating 24x5 for process validation.","Management actively pursuing alternative financing: debt, project finance, JV, strategic investment."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":14221286.175742574,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":226449,"accession_number":"0001437749-24-018180","cik":1621832,"company_name":"Aqua Metals, Inc.","ticker":"AQMS","form_type":"8-K","filed_at":"2024-05-23T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Aqua Metals shareholders approve all proposals at 2024 annual meeting","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Elected directors DiVito, Cotton, Zhang, Smith; each received between 22M and 37M votes for, with 26.3M broker non-votes.","Approved amendment to 2019 Stock Incentive Plan to increase reserved shares: 31.0M for, 7.8M against.","Approved charter amendment to increase authorized shares from 200M to 300M: 55.8M for, 9.3M against.","Ratified Forvis LLP as auditor for 2024: 64.4M for, 0.8M against.","Advisory approval of executive compensation: 31.1M for, 7.4M against, 26.3M broker non-votes."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.15,"market_cap_usd":14221286.175742574,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":226448,"accession_number":"0001437749-24-017084","cik":1621832,"company_name":"Aqua Metals, Inc.","ticker":"AQMS","form_type":"8-K","filed_at":"2024-05-15T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Aqua Metals reports Q1 net loss $5.8M; advances Sierra ARC with $40M capital infusion","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["No Q1 revenue; net loss $5.8M ($0.05 per share) vs $4.6M loss in Q1 2023.","Plant ops expense $2.2M (+107% YoY) as staffing builds for commercial plant in Q3 2024.","Cash end Q1 $8.3M; closed $7M equity raise and signed non-binding $33M loan term sheet.","Entered strategic off-take agreement with 6K Energy for recycled Li-ion battery materials.","Awarded $2.2M tax relief incentive and $371K DOE grant for critical minerals recovery."],"consensus_eps_estimate":-0.612,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":0.0,"consensus_period":"2025-Q1","consensus_source":"xbrl+finnhub","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":14221286.175742574,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":226447,"accession_number":"0001437749-24-016835","cik":1621832,"company_name":"Aqua Metals, Inc.","ticker":"AQMS","form_type":"8-K","filed_at":"2024-05-15T23:59:59+00:00","items":["1.01","8.01","9.01"],"status":"ready","headline":"Aqua Metals prices $7M public offering of 17.5M shares and warrants at $0.39/share; also discloses $33M term sheet","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Issued 17.5M common shares at $0.39 and 17.5M warrants at $0.01, gross proceeds $7M.","Offering includes 30-day over-allotment option for up to 2.625M additional shares and warrants.","Proceeds for working capital and to support $33M non-binding term sheet for secured credit facility.","All officers/directors and longtime stockholder PADNOS participated in the offering.","Closing expected May 17, 2024; warrants exercisable at $0.39, expire in 5 years, not listed on Nasdaq."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":14221286.175742574,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":226446,"accession_number":"0001437749-24-011631","cik":1621832,"company_name":"Aqua Metals, Inc.","ticker":"AQMS","form_type":"8-K","filed_at":"2024-04-10T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Director Sung Yi not standing for reelection to Aqua Metals board in May 2024","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Sung Yi, Ph.D., informed Aqua Metals board on April 4, 2024, he will not stand for reelection at the 2024 annual meeting.","Yi's departure is not related to any disagreement with the company's operations, policies, or practices.","Yi will continue serving as a director until his term ends upon the conclusion of the May 2024 annual meeting.","Company ticker: AQMS (Nasdaq)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":14221286.175742574,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":245460,"accession_number":"0001437749-24-009609","cik":1621832,"company_name":"Aqua Metals, Inc.","ticker":"AQMS","form_type":"8-K","filed_at":"2024-03-27T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Aqua Metals posts FY2023 net loss of $23.9M, advances Sierra ARC campus","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss of $23.9M ($0.25/share) vs $15.4M ($0.20) in 2022; adjusted net loss $19.1M ($0.20).","Revenue not material; company in limited pilot production throughout 2023.","Cash and equivalents $16.5M at Dec 31, 2023; cash used in ops $3.2M for year.","Phase 1 of Sierra ARC on track to commission this summer, targeting ~$30M annual revenue at current metals prices.","Executed offtake agreement with 6K Energy; secured $25M equity from Yulho Co., Ltd."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":14221286.175742574,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":262938,"accession_number":"0001437749-23-032985","cik":1621832,"company_name":"Aqua Metals, Inc.","ticker":"AQMS","form_type":"8-K","filed_at":"2023-11-24T23:59:59+00:00","items":["3.01"],"status":"ready","headline":"Aqua Metals receives Nasdaq deficiency notice for bid price below $1.00","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["On November 24, 2023, Aqua Metals received a Nasdaq deficiency letter for bid price below $1.00 over 30 consecutive days.","Company has 180 days, until May 22, 2024, to regain compliance by closing at $1.00+ for 10 consecutive business days.","If not compliant by May 22, 2024, the Company may be eligible for additional time if it meets other listing standards and provides undertakings.","If unable to regain compliance in a timely manner, Nasdaq will commence suspension and delisting procedures."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":14221286.175742574,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":262937,"accession_number":"0001437749-23-030947","cik":1621832,"company_name":"Aqua Metals, Inc.","ticker":"AQMS","form_type":"8-K","filed_at":"2023-11-08T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Aqua Metals Q3 net loss $4.5M; secures $25M investment, advances Sierra ARC","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss $4.5M ($0.04/share) vs $3.9M ($0.05) in Q3 2022; operating loss $4.9M, no significant revenue.","Cash and equivalents $25.6M as of Sep 30, 2023; operating cash flow +$2.2M from property sale.","Raised $25M gross from Yulho Co., Ltd. equity investment (no warrants); board appointments include Dr. Sung Yi.","Supplied recycled lithium hydroxide to Dragonfly Energy for successful battery cell test; MOU with 6K Energy for co-located facilities.","Progressing Sierra ARC Phase I (10,000 tonnes/yr); potential annual revenue $60M at average metals prices."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":25000.0,"consensus_period":"2023-Q3","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":14221286.175742574,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":280136,"accession_number":"0001437749-23-027163","cik":1621832,"company_name":"Aqua Metals, Inc.","ticker":"AQMS","form_type":"8-K","filed_at":"2023-09-29T23:59:59+00:00","items":["4.01","9.01"],"status":"ready","headline":"Aqua Metals replaces auditor Armanino with FORVIS effective immediately","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Engaged FORVIS as independent auditor for year ending Dec 31, 2023; approved by Audit Committee.","Armanino terminated Sept 26, 2023, after previously notifying intent to resign post-Q3 filing.","No disagreements or reportable events with Armanino during FY2021, FY2022, or interim 2023.","Armanino's audit reports for 2021 and 2022 were unqualified; no adverse opinions."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":14221286.175742574,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":280135,"accession_number":"0001437749-23-026476","cik":1621832,"company_name":"Aqua Metals, Inc.","ticker":"AQMS","form_type":"8-K","filed_at":"2023-09-20T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Aqua Metals appoints Dr. Sung Yi to Board nominated by Yulho","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Dr. Sung Yi appointed to Aqua Metals Board effective September 14, 2023.","Yi nominated by Yulho Co., Ltd. under nomination rights from July 18, 2023 Securities Purchase Agreement.","Yi brings 30+ years battery/fuel cell engineering experience; currently non-executive director of Yulho.","Yi served as professor and director at Hanyang University, Seoul, Korea."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":14221286.175742574,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":280134,"accession_number":"0001437749-23-023315","cik":1621832,"company_name":"Aqua Metals, Inc.","ticker":"AQMS","form_type":"8-K","filed_at":"2023-08-11T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Aqua Metals amends employment agreements for four senior executives with new compensation terms","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["CEO Steve Cotton base salary $491,400; eligible for short-term bonus up to 100% and long-term up to 200% of base.","CFO Judd Merrill base salary $360,500; short-term bonus up to 75%, long-term up to 125% of base.","Chief Engineering Officer Benjamin Taecker base salary $273,000; bonuses up to 50%/100% of base.","Chief Business Officer David McMurtry base salary $338,176; bonuses up to 50%/100% of base.","Severance provisions range from 12 to 24 months of salary and benefits depending on role and change of control."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":14221286.175742574,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":280133,"accession_number":"0001437749-23-022778","cik":1621832,"company_name":"Aqua Metals, Inc.","ticker":"AQMS","form_type":"8-K","filed_at":"2023-08-09T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Aqua Metals Q2 net loss $4.8M; raises $25M post-quarter for commercialization push","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q2 net loss $4.8M ($0.06/share) vs $3.2M ($0.04/share) in Q2 2022; operating loss $4.9M.","No revenue in Q2; cash $6.2M at June 30; subsequent $25M equity raise and strategic investment.","Completed pilot plant commissioning; now recovering lithium, nickel, cobalt, copper, and manganese.","Secured >3,000 tons black mass feedstock; partnership with Yulho for South Korea license of AquaRefining."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":0.0,"consensus_period":"2023-Q2","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":14221286.175742574,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":280132,"accession_number":"0001437749-23-021035","cik":1621832,"company_name":"Aqua Metals, Inc.","ticker":"AQMS","form_type":"8-K","filed_at":"2023-07-28T23:59:59+00:00","items":["4.01","9.01"],"status":"ready","headline":"Aqua Metals auditor Armanino resigns effective after Q3 2023 filing","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Armanino LLP resigned as Aqua Metals' independent auditor, effective after the Q3 2023 10-Q filing.","No disagreements or reportable events occurred during fiscal years 2021, 2022, or interim 2023.","Armanino's audit reports for 2021 and 2022 were unqualified with no adverse opinions.","Aqua Metals is in the process of selecting a new independent registered public accounting firm."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":14221286.175742574,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":280131,"accession_number":"0001437749-23-020442","cik":1621832,"company_name":"Aqua Metals, Inc.","ticker":"AQMS","form_type":"8-K","filed_at":"2023-07-21T23:59:59+00:00","items":["1.01","8.01","9.01"],"status":"ready","headline":"Aqua Metals raises $5M from Yulho in direct offering; agrees to license AquaRefining tech in South Korea","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Sold 4,545,455 shares at $1.10/share to Yulho for gross proceeds of $5M.","Yulho agrees to 6-month lock-up on the shares from closing.","Parties will negotiate a definitive license agreement within 90 days for AquaRefining technology in South Korea.","Proposed license royalty starts at 1% of net sales, increasing to 8%.","Closing expected on or about August 4, 2023, subject to customary conditions."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":14221286.175742574,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":280130,"accession_number":"0001437749-23-020184","cik":1621832,"company_name":"Aqua Metals, Inc.","ticker":"AQMS","form_type":"8-K","filed_at":"2023-07-19T23:59:59+00:00","items":["1.01","8.01","9.01"],"status":"ready","headline":"Aqua Metals prices $17.4M public offering of 15.82M shares at $1.10/share","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Underwritten offering of 15,820,000 shares at $1.10/share; gross proceeds ~$17.4M.","Underwriter granted 30-day option for up to 2,373,000 additional shares.","Closing expected July 21, 2023; The Benchmark Company acting as sole book-runner.","Proceeds for working capital, Phase One build-out of Nevada recycling campus, and general corporate purposes."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":14221286.175742574,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":280129,"accession_number":"0001437749-23-019505","cik":1621832,"company_name":"Aqua Metals, Inc.","ticker":"AQMS","form_type":"8-K","filed_at":"2023-07-06T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Director David Kanen resigns from Aqua Metals board due to fund compliance policies","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["David Kanen resigned from the Board of Directors on July 5, 2023.","Resignation triggered by his investment fund compliance policies, not by any disagreement with management or the Board.","No replacement director announced in the filing."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":14221286.175742574,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":298643,"accession_number":"0001437749-23-017989","cik":1621832,"company_name":"Aqua Metals, Inc.","ticker":"AQMS","form_type":"8-K","filed_at":"2023-06-21T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Aqua Metals shareholders reject preferred stock authorization; Rights Agreement stalled","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Elected all five director nominees: DiVito, Cotton, Zhang, Smith, Kanen.","Preferred stock amendment (up to 2M shares) failed with 27.4M for, 4.4M against.","Rights Agreement approved by shareholders but cannot be adopted due to insufficient authorized preferred stock.","Amended and Restated 2022 Employee Stock Purchase Plan approved (29.2M for).","Ratified Armanino LLP as auditor for FY2023; advisory say-on-pay passed."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.15,"market_cap_usd":14221286.175742574,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":298642,"accession_number":"0001437749-23-012556","cik":1621832,"company_name":"Aqua Metals, Inc.","ticker":"AQMS","form_type":"8-K","filed_at":"2023-05-04T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Aqua Metals Q1 2023 net loss $4.6M; no revenue; secures site for commercial recycling","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["No revenue in Q1 2023; operating loss of $4.5M vs. $4.3M in Q1 2022.","Net loss $4.6M ($0.06 per share) vs. $4.4M ($0.06 per share) year ago; cash $3.4M at quarter end.","Secured a five-acre campus site capable of processing 20M+ pounds of lithium-ion batteries annually.","Announced partnership with 6K Energy for low-carbon cathode active material precursors.","Received final $12M payment from Comstock Inc. for prior property sale."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":14221286.175742574,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":298641,"accession_number":"0001437749-23-011138","cik":1621832,"company_name":"Aqua Metals, Inc.","ticker":"AQMS","form_type":"8-K","filed_at":"2023-04-26T23:59:59+00:00","items":["2.01","2.04"],"status":"ready","headline":"Aqua Metals sells McCarran facility to Comstock for $15.25M; repays $6M loan","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Sale closed April 26, 2023; total purchase price $15.25M from Comstock Inc. for 2500 Peru Dr., McCarran, NV.","Nonrefundable deposits of $1.25M (Oct 2021) and $2M (Oct 2022) plus $2.1M lease payments applied to purchase.","Comstock exercised purchase option in lieu of LINICO Corporation; remaining $12M paid at closing.","Proceeds used to fully repay $6M loan from Summit Investment Services, which accelerated upon sale completion."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":14221286.175742574,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":298640,"accession_number":"0001437749-23-009272","cik":1621832,"company_name":"Aqua Metals, Inc.","ticker":"AQMS","form_type":"8-K","filed_at":"2023-04-04T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Aqua Metals receives notice of option exercise from Comstock to purchase Nevada property","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Comstock Inc. exercised option to purchase land and building at 2500 Peru Dr., McCarran, Nevada.","Option originated from Industrial Lease dated Feb 15, 2021; Comstock acts in lieu of LINICO.","Closing deadline is April 30, 2023 (within 30 days from March 31, 2023 notice).","Transaction terms follow original agreement per the lease."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.45,"market_cap_usd":14221286.175742574,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":318846,"accession_number":"0001437749-23-005965","cik":1621832,"company_name":"Aqua Metals, Inc.","ticker":"AQMS","form_type":"8-K","filed_at":"2023-03-09T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Aqua Metals reports FY2022 net loss $15.4M; commissions Li-ion pilot, acquires commercial site","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss $15.4M ($0.20/sh) vs $18.2M ($0.26/sh) in 2021; no significant revenue.","Cash $7.1M; expects additional $12M from facility sale by end of March 2023.","Commissioned Li-ion battery recycling pilot; produced high-purity copper and lithium hydroxide.","Acquired 5-acre parcel for commercial site; Phase 1 capacity 3,000 metric tons (~$60M revenue potential).","Taiwan partner ACME Metal producing ultra-pure lead; continues operation."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":14221286.175742574,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":318845,"accession_number":"0001437749-23-002594","cik":1621832,"company_name":"Aqua Metals, Inc.","ticker":"AQMS","form_type":"8-K","filed_at":"2023-02-06T23:59:59+00:00","items":["1.01","2.01","2.03"],"status":"ready","headline":"Aqua Metals buys 21,000 sq ft building for $4.275M, $3M loan at 9.5%","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Subsidiary purchased a 21,000 sq ft building in McCarran, NV for $4.275 million from an unaffiliated party on Feb 1, 2023.","Entered into a $3 million loan from Summit Investment Services at 9.50% fixed annual interest.","Loan is interest-only for first 24 months, with principal and interest due March 1, 2025.","Prepayment requires a minimum interest guarantee of $213,750 (9 months' interest).","Loan is secured by a first-priority lien on the building and guaranteed by Aqua Metals."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":14221286.175742574,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":318844,"accession_number":"0001437749-23-001163","cik":1621832,"company_name":"Aqua Metals, Inc.","ticker":"AQMS","form_type":"8-K","filed_at":"2023-01-17T23:59:59+00:00","items":["3.01"],"status":"ready","headline":"Aqua Metals regains compliance with Nasdaq minimum bid price rule","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["Received delisting notice on Aug 2, 2022 for bid price below $1.00; deadline was Jan 30, 2023.","Nasdaq confirmed closing bid price at $1.00+ for 10 consecutive business days through Jan 13, 2023.","Delisting risk removed; company now compliant with Listing Rule 5550(a)(2)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":14221286.175742574,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":337078,"accession_number":"0001437749-22-025762","cik":1621832,"company_name":"Aqua Metals, Inc.","ticker":"AQMS","form_type":"8-K","filed_at":"2022-11-03T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Aqua Metals Q3 net loss $3.9M; cash $9.3M; lithium-ion pilot on track for Q4","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss $3.9M ($0.05/sh) vs $1.4M ($0.02/sh) in Q3 2021; no revenue yet.","Cash $9.3M, working capital $15.5M; $2M non-refundable deposit from LiNiCo received post-quarter.","Expects $12M more by March 2023 from sale of Tahoe-Reno facility; monthly cash burn $800-850K.","Taiwan ACME facility commissioned in October; lithium-ion pilot to start producing high-value minerals in Q4 2022.","Received first black mass feedstock; R&D costs up 80% YoY to advance Li-ion battery recycling."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":4000.0,"consensus_period":"2022-Q3","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":14221286.175742574,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":"2022-11-03T23:59:59+00:00|337078"}