For the quarter ending 2026-03-31, AQMS had -$3,994K decrease in cash & cash equivalents over the period. -$3,844K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Fair value of common stock issued for director fees | - | 0 | 0 | - |
| Net loss | -3,954 | -4,440 | -3,121 | -15,085 |
| Fair value of common stock issued for consulting services | - | 0 | 0 | 261 |
| Inventory nrv adjustment | - | 0 | 0 | 0 |
| Depreciation and rou asset amortization | 261 | 261 | 259 | 542 |
| Write off of debt issuance costs | - | 0 | 0 | 0 |
| Amortization of intellectual property | 15 | 17 | 17 | 36 |
| Loss on extinguishment of debt | - | 0 | 0 | -639 |
| Stock-based compensation | 450 | 776 | 452 | 1,047 |
| Change in fair value of warrant liability | -47 | -11 | 72 | -1,327 |
| Amortization of deferred financing costs | 0 | 0 | 0 | 336 |
| Impairment and loss on disposal of property, plant and equipment | 0 | -77 | -25 | -9,012 |
| Non-cash interest (income) expense | -60 | - | - | - |
| Non-cash note receivable contribution | -31 | - | - | - |
| Accrued interest expense | - | 0 | - | - |
| Provision for credit losses | 437 | - | - | - |
| Accounts receivable | 0 | 0 | 0 | 0 |
| Inventory | 0 | 0 | -1 | -6 |
| Prepaid expenses and other current assets | 31 | 145 | -54 | -23 |
| Accounts payable | 292 | -165 | -187 | 91 |
| Accrued expenses | -1,113 | 1,064 | 142 | -766 |
| Other assets and liabilities | 63 | 39 | 63 | 114 |
| Net cash used in operating activities | -3,844 | -2,605 | -2,349 | -5,299 |
| Proceeds from sale of equipment | - | 0 | 35 | 4,347 |
| Proceeds from note receivable | - | - | 0 | 100 |
| Payments for note receivable - lion energy | 2,000 | 2,069 | - | - |
| Purchases of property, plant and equipment | 0 | 4 | 0 | 421 |
| Proceeds from note receivable - linico | 0 | 100 | - | - |
| Proceeds from refund of equipment deposit | 0 | 0 | 0 | 1,141 |
| Equipment deposits | - | 0 | 0 | 231 |
| Net cash used in investing activities | -2,000 | -2,073 | 35 | 4,936 |
| Proceeds from issuance of common stock, net of transaction costs | - | 11,939 | 0 | 0 |
| Proceeds from issuance of common stock for exercise of pre-funded warrants | - | 1 | - | - |
| Proceeds from employee stock purchase plan | 621 | 0 | 0 | 0 |
| Debt issuance costs | - | 0 | 0 | 0 |
| Principal payments on notes payable | 0 | 9,000 | 0 | -4,500 |
| Principal payments on finance leases | 10 | 9 | 10 | 20 |
| Cash paid cash in lieu of fractional shares reverse split | - | - | 2 | - |
| Proceeds from note payable-Related Party | - | 0 | - | - |
| Cash paid cash in lieu of fractional shares reverse split | 0 | 2 | - | - |
| Proceeds from eloc, net-Eloc | - | 0 | 834 | 69 |
| Cash paid for tax withholdings on rsus vesting | 56 | 39 | 41 | 67 |
| Proceeds from atm, net | 1,295 | 10 | 3,186 | 2,735 |
| Net cash provided by financing activities | 1,850 | 11,902 | 3,967 | -1,783 |
| Net decrease in cash and cash equivalents | -3,994 | 7,224 | 1,653 | -2,146 |
| Cash and cash equivalents at beginning of period | 10,810 | 3,586 | 4,079 | - |
| Cash and cash equivalents at end of period | 6,816 | 10,810 | 3,586 | - |
Aqua Metals, Inc. (AQMS)
Aqua Metals, Inc. (AQMS)