---
schema_version: "secwatch.filing_event.v1"
accession: "0001603978-22-000047"
form_type: "8-K"
ticker: "AQB"
cik: "0001603978"
company_name: "AQUABOUNTY TECHNOLOGIES INC"
filed_at: "2022-11-08T23:59:59+00:00"
generated_at: "2026-06-22T03:41:02.734700+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# AquaBounty Q3 revenue up 44% to $653K; Pioneer farm cost >$320M

## Summary
- Q3 product revenue $653K (+44% YoY); net loss $5.4M improved from $6.9M.
- Nine-month 2022 revenue $2.7M (+255% YoY); net loss $16.1M vs $16.3M.
- Pioneer, OH farm construction est. >$320M; bond financing increased to $425M, closing expected Q1 2023.
- Received Ohio water permit for up to 5.25M gal/day to support expanded operations.
- Cash, equivalents, marketable securities and restricted cash totaled $128.0M as of Sept 30, 2022.

## SEC filing metadata
- accession: 0001603978-22-000047
- form_type: 8-K
- ticker: AQB
- cik: 0001603978
- company_name: AQUABOUNTY TECHNOLOGIES INC
- filed_at: 2022-11-08T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1603978/000160397822000047/0001603978-22-000047-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1603978/000160397822000047/aqb-20221108x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001603978-22-000047
- JSON: https://secwatch.observer/filing/0001603978-22-000047.json
- Plain text: https://secwatch.observer/filing/0001603978-22-000047.txt

## Key facts
- Earnings Releases
  AQUABOUNTY TECHNOLOGIES INC reported the third quarter and nine-months ended September 30, 2022 results: revenue $653 thousand, net income $5.4 million.
  - Period: the third quarter and nine-months ended September 30, 2022
  - Revenue: $653 thousand
  - Net income: $5.4 million
  - Result: reported results
  source text: Company’s financial results for the third quarter and nine-months ended September 30, 2022. Third Quarter and Year-to-Date 2022 Highlights and Recent Developments · Generated $653 thousand in product revenue in the third quarter, a year-over-year increase of 44% as compared to $455 thousand in the third quarter of 2021. In the nine-month period ended September 30,
  evidence_url: https://www.sec.gov/Archives/edgar/data/1603978/000160397822000047/0001603978-22-000047-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.