secwatch.observer — SEC 8-K summary
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Issuer:     Aqua Metals, Inc. (AQMS)
CIK:        0001621832
Form:       8-K
Filed at:   2022-11-03T23:59:59+00:00
Accession:  0001437749-22-025762
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1621832/000143774922025762/0001437749-22-025762-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1621832/000143774922025762/aqms20220830_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-025762

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