Stocktoria
Aqua Metals, Inc. AQMS
Nasdaq · XNAS · stock · Secondary Smelting & Refining of Nonferrous Metals · website · IPO 2015-07-31
Aqua Metals, Inc. financials (annual, from 10-K)
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | — | $0 | $25,000 | $4,000 | $173,000 |
| Operating income | -$23.3M | -$23.8M | -$24.5M | -$15.6M | -$17.5M |
| Interest expense | — | — | $621,000 | $125,000 | $21,000 |
| Income tax | $2,000 | $3,000 | $2,000 | $2,000 | $2,000 |
| Net income | -$22.6M | -$24.6M | -$23.9M | -$15.4M | -$18.2M |
| Operating cash flow | -$10.3M | -$13.6M | -$3.2M | -$10.1M | -$7.1M |
| Free cash flow | -$10.7M | -$21.6M | -$8.8M | -$14.9M | -$9.4M |
| Cash & equivalents | $10.8M | $4.1M | $16.5M | $7.1M | $8.1M |
| Inventory | $244,000 | $251,000 | $929,000 | $278,000 | $123,000 |
| Total assets | $19.7M | $26.4M | $33.6M | $33.5M | $33.3M |
| Total liabilities | $4.9M | $10.1M | $7.5M | $12.6M | $5.7M |
| Shareholders' equity | $14.8M | $16.2M | $26.1M | $20.9M | $27.5M |
Source: SEC EDGAR filings · CIK 0001621832 · as of 2025-12-31. Facts from filings plus Stocktoria's own computed scores — not investment advice.