secwatch.observer — SEC 8-K summary
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Issuer:     Aqua Metals, Inc. (AQMS)
CIK:        0001621832
Form:       8-K
Filed at:   2024-05-15T23:59:59+00:00
Accession:  0001437749-24-017084
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1621832/000143774924017084/0001437749-24-017084-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1621832/000143774924017084/aqms20240204_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-017084

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer