---
schema_version: "secwatch.filing_event.v1"
accession: "0001603978-23-000034"
form_type: "8-K"
ticker: "AQB"
cik: "0001603978"
company_name: "AQUABOUNTY TECHNOLOGIES INC"
filed_at: "2023-08-01T23:59:59+00:00"
generated_at: "2026-06-12T18:19:03.714909+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# AquaBounty Q2 revenue down 26% to $788k; net loss widens to $6.5M; pauses Ohio farm

## Summary
- Q2 product revenue $788k, down 26% YoY from $1.1M; net loss $6.5M vs $5.5M.
- Cash and restricted cash fell to $43.8M from $102.6M at Dec 31, 2022.
- Paused construction of Pioneer, Ohio farm due to substantial cost increase; evaluating options.
- Indiana farm achieved highest quarterly output; demand exceeds supply.
- Expanding broodstock/egg production at PEI farm; exploring new species and territories.

## SEC filing metadata
- accession: 0001603978-23-000034
- form_type: 8-K
- ticker: AQB
- cik: 0001603978
- company_name: AQUABOUNTY TECHNOLOGIES INC
- filed_at: 2023-08-01T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1603978/000160397823000034/0001603978-23-000034-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1603978/000160397823000034/aqb-20230801x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001603978-23-000034
- JSON: https://secwatch.observer/filing/0001603978-23-000034.json
- Plain text: https://secwatch.observer/filing/0001603978-23-000034.txt

## Key facts
- Earnings Releases
  AQUABOUNTY TECHNOLOGIES INC reported the quarter ended June 30, 2023 results: revenue $788 thousand, net income $6.5 million.
  - Period: the quarter ended June 30, 2023
  - Revenue: $788 thousand
  - Net income: $6.5 million
  - Result: reported results
  source text: Generated $788 thousand in product revenue in the second quarter, a year-over-year decrease of 26% as compared to $1.1 million in the second quarter of 2022. · Net loss in the second quarter of 2023 was $6.5 million, as compared to $5.5 million in the second quarter of 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1603978/000160397823000034/0001603978-23-000034-index.htm

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