---
schema_version: "secwatch.filing_event.v1"
accession: "0001829126-23-007367"
form_type: "8-K"
ticker: "ADNH"
cik: "0001744494"
company_name: "ADVENT TECHNOLOGIES HOLDINGS, INC."
filed_at: "2023-11-14T23:59:59+00:00"
generated_at: "2026-06-08T03:51:33.123146+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Advent Technologies Q3 net loss $11.8M, revenue $1.3M; signs Airbus term sheet, DoD contract

## Summary
- Q3 2023 revenue $1.3M plus grants $0.5M = $1.8M total; net loss $(11.8)M or $(0.20) per share.
- Unrestricted cash $3.7M as of Sep 30, down $6.4M from June 30; includes $2.1M from equity line.
- Signed term sheet with Airbus for multi-million $, 2-year joint HT-PEM MEA benchmarking project.
- New $2.2M contract with U.S. DoD to optimize HB50 fuel cell with Ion Pair MEA over 12 months.
- Expansion order from Asian fuel cell integrator, initial value $1.3M; supplies Serene fuel cell stacks.

## SEC filing metadata
- accession: 0001829126-23-007367
- form_type: 8-K
- ticker: ADNH
- cik: 0001744494
- company_name: ADVENT TECHNOLOGIES HOLDINGS, INC.
- filed_at: 2023-11-14T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1744494/000182912623007367/0001829126-23-007367-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1744494/000182912623007367/adventtechno_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001829126-23-007367
- JSON: https://secwatch.observer/filing/0001829126-23-007367.json
- Plain text: https://secwatch.observer/filing/0001829126-23-007367.txt

## Key facts
- Earnings Releases
  ADVENT TECHNOLOGIES HOLDINGS, INC. reported financial results for the three months ended September 30, 2023.
  - Period: the three months ended September 30, 2023
  - Result: reported results
  source text: On November 14, 2023, Advent Technologies Holdings, Inc., a Delaware corporation (the “Company”), issued a press release (the “Earnings Release”) reporting its financial results for the three and nine months ended September 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1744494/000182912623007367/0001829126-23-007367-index.htm

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