secwatch.observer — SEC 8-K summary
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Issuer:     AQUABOUNTY TECHNOLOGIES INC (AQB)
CIK:        0001603978
Form:       8-K
Filed at:   2022-08-09T23:59:59+00:00
Accession:  0001603978-22-000036
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AquaBounty Q2 product revenue up 371% to $1.1M; net loss widens to $5.5M
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- Product revenue $1.1M vs $227K in Q2 2021 (+371%); net loss $5.5M vs $5.2M.
- Cash and equivalents $149.2M at June 30, 2022, down from $191.2M at Dec 31, 2021.
- Construction at Ohio farm continues; bond financing slowed due to inflation and cost review; farm cost estimate exceeds $290-320M range.
- CEO cites strong demand for GE Atlantic salmon; Indiana farm harvests scaling.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1603978/000160397822000036/0001603978-22-000036-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1603978/000160397822000036/aqb-20220809x8k.htm
  HTML page:      https://secwatch.observer/filing/0001603978-22-000036

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