← Research LibraryThe BriefFY2025 10-K · headline figures audited against SEC data
Aqua Metals had no standard revenue row, narrowed its net loss to $22.6M, and improved free cash flow to negative $10.7M.
The read at a glance✓ Audited against SEC data
- Business mix — Battery-material recycling technologyNote
- Revenue — No standard revenue rowNote
- Profitability — Net loss narrowed to $22.6MNote
- Cash — FCF improved to negative $10.7MNote
- Balance sheet — Equity down 9.1%Watch
- Insiders — 0 buys / 0 sellsNote
- Accounting — Latest forensic year Altman-Z distressWatch
Business
Aqua Metals is developing AquaRefining technology for recovering critical minerals and metals from battery and other metal-bearing feedstocks.
Where the revenue comes from
Fiscal 2023, as Aqua Metals, Inc. reports it. History and quarterly detail are in the app.
Leadership changes
From Aqua Metals, Inc.'s own filings, the day they're filed.
- Molly Zhang · Directors · departureeff. 2025-05-22
- Edward Smith · Directors · departureeff. 2024-08-21
- David Kanen · Directors · departureeff. 2023-07-05
Latest filings
- 8-K · Company announcement2026-08-21
- 8-K · Company announcement2026-07-30
- 10-Q · Quarterly report2026-07-30
- DEF 14A · Annual proxy (pay & governance)2026-07-08
- 8-K · Company announcement2026-05-14
In the full recordFree for 14 days
- What changed🔒
- Insider signal🔒
- Growth quality🔒
- Margins & accounting🔒
- Capital allocation🔒
- Real risks🔒
- The long arc🔒
- Company history🔒
- Main tension🔒
- The filings, readable — with what changed vs the prior year highlighted🔒
- Full financial statements, industry-aware, sources cited throughout🔒
- Forensic score history & components — the trend, not one year🔒
- Ownership: insider buys/sells, clusters, activist stakes🔒
- Ana — ask about Aqua Metals, Inc., every answer cited to the official filings🔒
Every figure comes from the company's filings, and analysis whose figures don't match SEC data is rejected before publication.
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