secwatch.observer — SEC 8-K summary
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Issuer:     AQUABOUNTY TECHNOLOGIES INC (AQB)
CIK:        0001603978
Form:       8-K
Filed at:   2023-03-07T23:59:59+00:00
Accession:  0001603978-23-000005
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AquaBounty Q4 revenue $451k (+8% YoY); FY net loss $22.16M, cash $102.6M
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- Full-year product revenue $3.14M, up 167% versus $1.17M in 2021.
- Net loss for FY 2022 was $22.16M, essentially flat versus $22.32M in 2021.
- Cash, equivalents, and marketable securities $102.6M on Dec 31, 2022, down from $191.2M a year earlier.
- Ohio farm Phase 1 & 2 construction expected to complete H1 2025; $425M bond approval from Toledo Port Authority.
- Converting PEI facility to egg production to supply both GE and non-GE eggs.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1603978/000160397823000005/0001603978-23-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1603978/000160397823000005/aqb-20230307x8k.htm
  HTML page:      https://secwatch.observer/filing/0001603978-23-000005

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