{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-23-012556","form_type":"8-K","ticker":"AQMS","cik":"0001621832","company_name":"Aqua Metals, Inc.","filed_at":"2023-05-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:39.704771+00:00","generated_at":"2026-06-15T22:09:38.599463+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Aqua Metals Q1 2023 net loss $4.6M; no revenue; secures site for commercial recycling","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."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-23-012556","json":"https://secwatch.observer/filing/0001437749-23-012556.json","markdown":"https://secwatch.observer/filing/0001437749-23-012556.md","text":"https://secwatch.observer/filing/0001437749-23-012556.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1621832/000143774923012556/0001437749-23-012556-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1621832/000143774923012556/aqms20230109_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T22:09:38.599463+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"867fd87a04580573c8ca29fd115351bd39d07ca2","claim":"Aqua Metals, Inc. reported the first quarter ended March 31, 2023 results: revenue no revenue, net income $4.6 million, EPS $(0.06) per basic and diluted share.","evidence_excerpt":"During the first quarter of 2023, Aqua Metals continued to focus on its ability to recycle metals found in lithium-ion batteries. The Company was not in commercial-scale production during 2022 and, as a result, generated no revenue during the first quarter. Cost of product sales increased by approximately 7% during the quarter to $1.1 million compared to approximately $1 million in Q1 2022. Research and development costs included expenditures related to progressing the Lithium-ion battery recycling technology. Research and development cost decreased approximately 19% during the first quarter compared to the same period in 2022, which is what we expected as we move from development to commercialization of our AquaRefining technology. General and administrative expenses increased approximately 8.7% for the three months ended March 31, 2023, compared to the three months ended March 31, 2022. For the first quarter 2023, the Company had an operating loss of $4.5 million, compared to an oper","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1621832/000143774923012556/0001437749-23-012556-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter ended March 31, 2023"},{"label":"Revenue","value":"no revenue"},{"label":"Net income","value":"$4.6 million"},{"label":"EPS","value":"$(0.06) per basic and diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}