secwatch.observer — SEC 8-K summary
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Issuer:     Arq, Inc. (ARQ)
CIK:        0001515156
Form:       8-K
Filed at:   2026-03-10T23:59:59+00:00
Accession:  0001515156-26-000020
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Arq reports record $120M revenue but $52.6M net loss; $45M impairment on Corbin; pauses GAC
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- FY 2025 revenue $120.3M (+10% YoY); Q4 revenue $29.4M.
- FY 2025 net loss $52.6M vs $5.1M loss in FY 2024; non-cash impairment charge of $45M related to Corbin assets.
- Adjusted EBITDA $13.2M in FY 2025 vs $10.5M prior year (26% improvement); Q4 Adjusted EBITDA $0.3M.
- Pausing GAC production and development for comprehensive engineering and process optimization review.
- Appointed industry veteran as VP Operations; provided inaugural financial guidance for full-year 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1515156/000151515626000020/0001515156-26-000020-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1515156/000151515626000020/arq-20260309.htm
  HTML page:      https://secwatch.observer/filing/0001515156-26-000020

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