---
schema_version: "secwatch.filing_event.v1"
accession: "0001515156-23-000026"
form_type: "8-K"
ticker: "ARQ"
cik: "0001515156"
company_name: "Arq, Inc."
filed_at: "2023-03-08T23:59:59+00:00"
generated_at: "2026-06-18T08:25:38.607057+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# ADES reports full year net loss of $8.9M; consumables revenue up 20% to $103M; expects 2023 revenue ~$106M

## Summary
- Full year net loss $8.9M ($0.48 diluted EPS) vs net income $60.4M ($3.27 EPS) in 2021, driven by Tinuum winddown.
- Consumables revenue increased 20% to $103.0M for full year; Q4 consumables revenue $23.4M.
- Cash balance $76.4M at Dec 31, 2022; expects Marshall Mine sale to close H1 2023.
- Completed acquisition of Arq Limited subsidiaries subsequent to quarter end.
- Guidance: expects 2023 revenue of approx. $106 million.

## SEC filing metadata
- accession: 0001515156-23-000026
- form_type: 8-K
- ticker: ARQ
- cik: 0001515156
- company_name: Arq, Inc.
- filed_at: 2023-03-08T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- 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/1515156/000151515623000026/0001515156-23-000026-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1515156/000151515623000026/ades-20230308.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001515156-23-000026
- JSON: https://secwatch.observer/filing/0001515156-23-000026.json
- Plain text: https://secwatch.observer/filing/0001515156-23-000026.txt

## Key facts
- Earnings Releases
  Arq, Inc. reported financial results for quarter and year December 31, 2022.
  - Period: quarter and year December 31, 2022
  - Result: reported results
  source text: filed its Annual Report on Form 10-K and reported financial results for the quarter and year December 31, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1515156/000151515623000026/0001515156-23-000026-index.htm

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