---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-022778"
form_type: "8-K"
ticker: "AQMS"
cik: "0001621832"
company_name: "Aqua Metals, Inc."
filed_at: "2023-08-09T23:59:59+00:00"
generated_at: "2026-06-11T22:22:23.732588+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Aqua Metals Q2 net loss $4.8M; raises $25M post-quarter for commercialization push

## Summary
- 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.

## SEC filing metadata
- accession: 0001437749-23-022778
- form_type: 8-K
- ticker: AQMS
- cik: 0001621832
- company_name: Aqua Metals, Inc.
- filed_at: 2023-08-09T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1621832/000143774923022778/0001437749-23-022778-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1621832/000143774923022778/aqms20230522_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-022778
- JSON: https://secwatch.observer/filing/0001437749-23-022778.json
- Plain text: https://secwatch.observer/filing/0001437749-23-022778.txt

## Key facts
- Earnings Releases
  Aqua Metals, Inc. reported second quarter ended June 30, 2023 results: revenue no revenue, net income net loss of $4.8 million, EPS $(0.06) per basic and diluted share.
  - Period: second quarter ended June 30, 2023
  - Revenue: no revenue
  - Net income: net loss of $4.8 million
  - EPS: $(0.06) per basic and diluted share
  - Result: reported results
  source text: During the second 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 the first half of 2023 and, as a result, generated no revenue during the second quarter.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1621832/000143774923022778/0001437749-23-022778-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.