---
schema_version: "secwatch.filing_event.v1"
accession: "0001603978-24-000034"
form_type: "8-K"
ticker: "AQB"
cik: "0001603978"
company_name: "AQUABOUNTY TECHNOLOGIES INC"
filed_at: "2024-05-15T23:59:59+00:00"
generated_at: "2026-06-01T23:08:28.898433+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# AquaBounty Q1 net loss $11.2M, impairment charges, cash drops to $3.6M, secures bridge loan

## Summary
- Net loss $11.2M vs $6.5M a year ago; includes $4.3M impairment on Indiana farm assets and $1.0M inventory write-down.
- Cash and restricted cash $3.6M at Mar 31, down from $9.2M at Dec 31, 2023.
- Executed bridge loan up to $10M secured by farm assets; $5M drawn to date.
- Decided to sell Indiana farm; harvested >320mt of fish (majority below market weight) in preparation.
- PEI farm generated $82k revenue from conventional salmon eggs; secured large order from major salmon producer.

## SEC filing metadata
- accession: 0001603978-24-000034
- form_type: 8-K
- ticker: AQB
- cik: 0001603978
- company_name: AQUABOUNTY TECHNOLOGIES INC
- filed_at: 2024-05-15T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1603978/000160397824000034/0001603978-24-000034-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1603978/000160397824000034/aqb-20240515x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001603978-24-000034
- JSON: https://secwatch.observer/filing/0001603978-24-000034.json
- Plain text: https://secwatch.observer/filing/0001603978-24-000034.txt

## Key facts
- Earnings Releases
  AQUABOUNTY TECHNOLOGIES INC reported financial results for the first quarter ended March 31, 2024.
  - Period: the first quarter ended March 31, 2024
  - Result: reported results
  source text: On May 15, 2024, AquaBounty Technologies, Inc. issued a press release regarding its financial results and corporate updates for the quarter ended March 31, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1603978/000160397824000034/0001603978-24-000034-index.htm

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