{"schema_version":"secwatch.filing_event.v1","accession":"0001515156-23-000117","form_type":"8-K","ticker":"ARQ","cik":"0001515156","company_name":"Arq, Inc.","filed_at":"2023-08-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:34.162902+00:00","generated_at":"2026-06-11T21:59:01.204671+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Advanced Emissions Solutions Q2 net loss widens to $5.9M; revenue down 17% on weaker demand","bullets":["Q2 consumables revenue $20.4M, down from $24.7M YoY; net loss $5.9M vs $0.3M loss prior year.","Consolidated Adjusted EBITDA loss $3.0M vs +$2.2M in Q2 2022; operating loss $6.1M vs $2.7M.","Cash $67.6M (incl. restricted) vs $76.4M year-end 2022; total debt $21.4M up from $4.6M.","CEO Rasmus notes lower natural gas pricing hit demand; capital projects on track with $40-45M FY2023 capex guide."],"urls":{"canonical":"https://secwatch.observer/filing/0001515156-23-000117","json":"https://secwatch.observer/filing/0001515156-23-000117.json","markdown":"https://secwatch.observer/filing/0001515156-23-000117.md","text":"https://secwatch.observer/filing/0001515156-23-000117.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1515156/000151515623000117/0001515156-23-000117-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1515156/000151515623000117/ades-20230809.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T21:59:01.204671+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":"6425d43d687fa33cf5969fdd1590777264f756a6","claim":"Arq, Inc. reported the quarter ended June 30, 2023 results: revenue $20.4 million, net income net loss was $5.9 million.","evidence_excerpt":"begun. • Continued progress on capital projects to expand product offerings to include granular activated carbons. Financial Highlights • Second quarter consumables revenue was $20.4 million compared to $24.7 million in the prior year period. • Second quarter net loss was $5.9 million compared to net loss of $0.3 million in the prior year period. • Second quarter","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1515156/000151515623000117/0001515156-23-000117-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended June 30, 2023"},{"label":"Revenue","value":"$20.4 million"},{"label":"Net income","value":"net loss was $5.9 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"7368b174388ca79b3d9ed8031d6c17ba40af2154","claim":"Arq, Inc. reported the three and six months ended June 30, 2023 results: revenue $41.3 million, net income net loss was $13.4 million.","evidence_excerpt":"were $20.4 million and $15.3 million, respectively, compared to $24.7 million and $19.9 million for the second quarter of 2022. First half revenues and costs of revenues were $41.3 million and $32.5 million, respectively, compared to $51.1 million and $41.4 million for the comparable period in the prior year. The revenue declines were the result of lower sales of","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1515156/000151515623000117/0001515156-23-000117-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three and six months ended June 30, 2023"},{"label":"Revenue","value":"$41.3 million"},{"label":"Net income","value":"net loss was $13.4 million"},{"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"}