{"schema_version":"secwatch.filing_event.v1","accession":"0001515156-22-000090","form_type":"8-K","ticker":"ARQ","cik":"0001515156","company_name":"Arq, Inc.","filed_at":"2022-11-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:50.938175+00:00","generated_at":"2026-06-22T03:30:00.241380+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"ADES Q3 net loss $2.4M; consumables rev up 7% YoY, announces merger with Arq","bullets":["Q3 consumables revenue $28.4M vs $26.7M prior year (+7%); net loss $2.4M ($0.13/sh) vs net income $24.3M ($1.31/sh) due to Tinuum wind-down.","Consolidated Adjusted EBITDA (loss) $0.5M vs $28.5M prior year; cash $85.8M, only $4.9M finance lease debt.","Entered definitive agreement to combine with Arq Limited, leveraging bituminous feedstock for new markets; expected close H1 2023.","Announced sale of Marshall Mine to Caddo Creek, eliminating asset retirement obligation; closing also H1 2023.","Nine-month net loss $5.8M ($0.31/sh) vs net income $54.6M ($2.96/sh) prior year."],"urls":{"canonical":"https://secwatch.observer/filing/0001515156-22-000090","json":"https://secwatch.observer/filing/0001515156-22-000090.json","markdown":"https://secwatch.observer/filing/0001515156-22-000090.md","text":"https://secwatch.observer/filing/0001515156-22-000090.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1515156/000151515622000090/0001515156-22-000090-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1515156/000151515622000090/ades-20221108.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-22T03:30:00.241380+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":"7fdb96ac52660ba562cdfc9f8e28d5c14581b8e3","claim":"Arq, Inc. reported the quarter ended September 30, 2022 results: revenue $28.4 million, net income net loss of $2.4 million, EPS $0.13 per diluted share.","evidence_excerpt":"Group, LLC and Tinuum Services, LLC (collectively \"Tinuum\"), of which ADES owns 42.5% and 50%, respectively. Third Quarter Highlights • Third quarter consumables revenue was $28.4 million compared to $26.7 million in the prior year period. • Third quarter net loss was $2.4 million compared to net income of $24.3 million in the prior year period, which reflects the","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1515156/000151515622000090/0001515156-22-000090-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended September 30, 2022"},{"label":"Revenue","value":"$28.4 million"},{"label":"Net income","value":"net loss of $2.4 million"},{"label":"EPS","value":"$0.13 per 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"}