secwatch.observer — SEC 8-K summary
======================================

Issuer:     Arq, Inc. (ARQ)
CIK:        0001515156
Form:       8-K
Filed at:   2023-08-09T23:59:59+00:00
Accession:  0001515156-23-000117
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Advanced Emissions Solutions Q2 net loss widens to $5.9M; revenue down 17% on weaker demand
--------------------------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1515156/000151515623000117/0001515156-23-000117-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1515156/000151515623000117/ades-20230809.htm
  HTML page:      https://secwatch.observer/filing/0001515156-23-000117

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