AQMS · XBRL financial data

Aqua Metals financial statements, every fiscal year

The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (AQMS's year ends in late December)

In thousands of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue from contracts with customers	108	173	4	25	0	—
Cost of goods and services sold	5,476	7,017	3,959	6,282	7,213	2,407
General and administrative	8,998	9,688	9,815	11,638	11,967	10,485
Operating income (loss)	(15,393)	(17,465)	(15,583)	(24,464)	(23,847)	(23,331)
Interest expense	1,620	21	125	621	574	667
Income tax expense (benefit)	2	2	2	2	3	2
Net income (loss)	(25,762)	(18,193)	(15,431)	(23,938)	(24,555)	(22,646)
Earnings per share, basic USD per share	—	(0.26)	(0.20)	(0.25)	(3.83)	(15.15)
Weighted average shares, basic thousands of shares	—	70,002	75,811	93,932	6,420	1,495

Fiscal years (AQMS's year ends in late December)

In thousands of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	6,533	8,137	7,082	16,522	4,079	10,810
Accounts receivable	32	269	12	67	0	—
Inventory	1,091	123	278	929	251	244
Prepaid and other current assets	702	356	263	181	214	282
Total current assets	8,358	12,438	23,209	18,299	4,644	13,405
Property and equipment, net	24,883	2,367	7,343	10,347	16,473	5,763
Right-of-use asset	716	—	—	—	—	—
Total assets	35,138	33,269	33,502	33,600	26,365	19,706
Accounts payable	1,552	685	1,075	1,836	1,227	547
Accrued liabilities	1,253	3,005	1,780	2,467	3,130	3,570
Total current liabilities	3,454	4,078	12,311	4,613	8,182	4,428
Lease liability, non-current	—	—	—	—	303	180
Total liabilities	3,999	5,736	12,586	7,536	10,121	4,936
Accumulated deficit	(165,653)	(183,846)	(199,277)	(223,215)	(247,770)	(270,416)
Total stockholders' equity	31,139	27,533	20,916	26,064	16,244	14,770
Total liabilities and equity	35,138	33,269	33,502	33,600	26,365	19,706
Common shares outstanding (cover page) thousands of shares	67,140	71,314	81,341	111,954	8,291	3,351

Fiscal years (AQMS's year ends in late December)

In thousands of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	(25,762)	(18,193)	(15,431)	(23,938)	(24,555)	(22,646)
Stock-based compensation	3,572	2,201	2,255	2,534	2,737	2,275
Net cash from operating activities	(11,028)	(7,615)	(10,148)	(3,193)	(13,632)	(10,253)
Purchases of property and equipment	3,363	2,350	4,771	5,598	7,921	425
Net cash from investing activities	6,633	(2,228)	(3,420)	(9,813)	(11,636)	2,898
Proceeds from issuing common stock	3,676	10,166	6,519	3,786	5,014	—
Net cash from financing activities	3,354	11,447	12,513	22,446	12,825	14,086
Net change in cash	(1,041)	1,604	(1,055)	9,440	(12,443)	6,731

SIC 3341 and related industry codes, similar size; rows marked “added: same SIC” fill a short list. Each row is the latest quarter reported.

How peers are chosen

SIC 3341 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Fewer than three companies fall in that range, so the list adds same-SIC (3341) companies nearest in public float, each marked “added: same SIC”.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($K)	Revenue, quarter ($K)	Operating cash flow, quarter ($K)	Shares outstanding	Runway	Quarter
Aqua Metals	4,744	not reported	(2,630)*	3.6M	1.8 quarters	Q2 FY26 10-QJun 30, 2026
Constelliumadded: same SIC	158,000	2,639,000	186,000*	134.5M	—	Q3 FY26 10-QSep 30, 2026
Hall Chadwick Acquisitionadded: same SIC	30	not reported	(422)*	not reported	0.1 quarters	Q2 FY26 10-Q/AJun 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.