{"schema_version":"secwatch.filing_event.v1","accession":"0001515156-23-000065","form_type":"8-K","ticker":"ARQ","cik":"0001515156","company_name":"Arq, Inc.","filed_at":"2023-05-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:39.190748+00:00","generated_at":"2026-06-15T08:57:57.750679+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"ADES Q1 revenue $20.8M, net loss $7.5M; completes Arq acquisition","bullets":["Consumables revenue $20.8M (-21% YoY) due to low natural gas pressuring power generation customers.","Net loss $7.5M ($0.32/diluted share) vs loss $3.0M ($0.17) prior year; Adjusted EBITDA loss $7.7M.","Completed acquisition of Arq Limited subsidiaries (previously announced Feb 1); incurred $4.4M transaction/integration costs.","Sold Marshall Mine in March, eliminating asset retirement obligation and releasing restricted cash.","2023 capex guidance $40-45M for GAC production expansion and plant turnaround."],"urls":{"canonical":"https://secwatch.observer/filing/0001515156-23-000065","json":"https://secwatch.observer/filing/0001515156-23-000065.json","markdown":"https://secwatch.observer/filing/0001515156-23-000065.md","text":"https://secwatch.observer/filing/0001515156-23-000065.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1515156/000151515623000065/0001515156-23-000065-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1515156/000151515623000065/ades-20230509.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T08:57:57.750679+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":"0ea4686bc79a69567377f8131da7c68990708f8a","claim":"Arq, Inc. reported the quarter ended March 31, 2023 results: revenue $20.8 million, net income $7.5 million, EPS $0.32 per diluted share.","evidence_excerpt":"obligation for Marshall Mine and will result in the release of a portion of the Company’s restricted cash balance. Financial Highlights • First quarter consumables revenue was $20.8 million compared to $26.4 million in the prior year. • First quarter net loss was $7.5 million compared to net loss of $3.0 million in the prior year. • First quarter Adjusted EBITDA","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1515156/000151515623000065/0001515156-23-000065-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended March 31, 2023"},{"label":"Revenue","value":"$20.8 million"},{"label":"Net income","value":"$7.5 million"},{"label":"EPS","value":"$0.32 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"}