Aqua Metals Q3 net loss $3.9M; cash $9.3M; lithium-ion pilot on track for Q4

Aqua Metals, Inc.

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.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Aqua Metals, Inc. reported third quarter ended September 30, 2022 results: net income $3.9 million, EPS $(0.05) per basic and diluted share.

Period: third quarter ended September 30, 2022
Net income: $3.9 million
EPS: $(0.05) per basic and diluted share
Result: reported results

Exact text from the filing

The net loss for the third quarter of 2022 was $3.9 million, or $(0.05) per basic and diluted share, compared to a net loss of $1.4 million, or $(0.02) per basic and diluted share, for the third quarter of 2021.

View on SEC.gov

44 earnings releases filed in the last 30 days. Browse all earnings releases →

Aqua Metals, Inc. filing history →

Source: SEC EDGAR

accession 0001437749-22-025762

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.