---
schema_version: "secwatch.filing_event.v1"
accession: "0001603978-25-000040"
form_type: "8-K"
ticker: "AQB"
cik: "0001603978"
company_name: "AQUABOUNTY TECHNOLOGIES INC"
filed_at: "2025-05-15T23:59:59+00:00"
generated_at: "2026-05-21T05:05:18.154889+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# AquaBounty Q1 net income $401k from asset sales; exploring strategic alternatives

## Summary
- Net income of $401k vs net loss of $11.3M in Q1 2024; includes $2.0M non-cash loan forgiveness gain.
- Sold Ohio Equipment Assets for net proceeds $2.3M and Canadian subsidiary (farms, IP) for net $1.9M.
- Cash, cash equivalents and restricted cash $1.4M as of March 31, 2025, up from $230k at Dec 31, 2024.
- Company working with investment banker to assess strategic alternatives for Ohio Farm Project.
- Interim CEO David Frank cites need to generate cash from remaining equipment sales.

## SEC filing metadata
- accession: 0001603978-25-000040
- form_type: 8-K
- ticker: AQB
- cik: 0001603978
- company_name: AQUABOUNTY TECHNOLOGIES INC
- filed_at: 2025-05-15T23:59:59+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/1603978/000160397825000040/0001603978-25-000040-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1603978/000160397825000040/aqb-20250515x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001603978-25-000040
- JSON: https://secwatch.observer/filing/0001603978-25-000040.json
- Plain text: https://secwatch.observer/filing/0001603978-25-000040.txt

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