secwatch.observer — SEC 8-K summary
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Issuer:     AQUABOUNTY TECHNOLOGIES INC (AQB)
CIK:        0001603978
Form:       8-K
Filed at:   2022-11-08T23:59:59+00:00
Accession:  0001603978-22-000047
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1603978/000160397822000047/0001603978-22-000047-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1603978/000160397822000047/aqb-20221108x8k.htm
  HTML page:      https://secwatch.observer/filing/0001603978-22-000047

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