---
schema_version: "secwatch.filing_event.v1"
accession: "0001603978-24-000059"
form_type: "8-K"
ticker: "AQB"
cik: "0001603978"
company_name: "AQUABOUNTY TECHNOLOGIES INC"
filed_at: "2024-08-06T23:59:59+00:00"
generated_at: "2026-05-31T12:17:12.077591+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# AquaBounty Q2 net loss $50.5M (incl $44.5M impairment); cash drops to $0.7M; sells Indiana farm

## Summary
- Net loss of $50.5M in Q2 2024 vs $6.5M in Q2 2023; includes $44.5M non-cash impairment on farm assets.
- Cash and cash equivalents fell to $0.7M as of June 30, 2024 from $9.2M at Dec 31, 2023.
- Completed sale of Indiana farm and certain Ohio equipment on July 26, 2024 for $9.2M net.
- Secured $10M bridge loan in April 2024 (repaid July 26); exploring further asset sales.
- David F. Melbourne Jr. promoted to CEO effective June 7, 2024; Sylvia Wulf remains non-executive Chair.

## SEC filing metadata
- accession: 0001603978-24-000059
- form_type: 8-K
- ticker: AQB
- cik: 0001603978
- company_name: AQUABOUNTY TECHNOLOGIES INC
- filed_at: 2024-08-06T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1603978/000160397824000059/0001603978-24-000059-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1603978/000160397824000059/aqb-20240806x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001603978-24-000059
- JSON: https://secwatch.observer/filing/0001603978-24-000059.json
- Plain text: https://secwatch.observer/filing/0001603978-24-000059.txt

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