earnings
confidence high
sentiment negative
materiality 0.50
AquaBounty Q2 net loss $3.4M, sells Ohio equipment for $2.4M, cash $730K
AQUABOUNTY TECHNOLOGIES INC
2025-Q2 EPS reported
-$0.77
- Net loss $3.4M vs $50.5M a year ago; includes $1.2M non-cash impairment on Ohio equipment.
- Completed sale of certain Ohio equipment assets on June 11, 2025 for net proceeds $2.4M.
- Cash and equivalents $730K at June 30, 2025, up from $230K at December 31, 2024.
- Interim CEO David Frank: company working with investment banker on strategic alternatives for Ohio Farm.
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