---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-017084"
form_type: "8-K"
ticker: "AQMS"
cik: "0001621832"
company_name: "Aqua Metals, Inc."
filed_at: "2024-05-15T23:59:59+00:00"
generated_at: "2026-06-01T23:11:40.897118+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Aqua Metals reports Q1 net loss $5.8M; advances Sierra ARC with $40M capital infusion

## Summary
- 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.

## SEC filing metadata
- accession: 0001437749-24-017084
- form_type: 8-K
- ticker: AQMS
- cik: 0001621832
- company_name: Aqua Metals, Inc.
- filed_at: 2024-05-15T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1621832/000143774924017084/0001437749-24-017084-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1621832/000143774924017084/aqms20240204_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-017084
- JSON: https://secwatch.observer/filing/0001437749-24-017084.json
- Plain text: https://secwatch.observer/filing/0001437749-24-017084.txt

## Key facts
- Earnings Releases
  Aqua Metals, Inc. reported first quarter ended March 31, 2024 results: net income $5.8 million, EPS $(0.05) per basic and diluted share.
  - Period: first quarter ended March 31, 2024
  - Net income: $5.8 million
  - EPS: $(0.05) per basic and diluted share
  - Result: reported results
  source text: The net loss for the first quarter of 2024 was $5.8 million, or $(0.05) per basic and diluted share, compared to a net loss of $4.6 million, or $(0.06) per basic and diluted share, for the first quarter of 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1621832/000143774924017084/0001437749-24-017084-index.htm

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