gross profit bridgeinconsistent2019-12-31
Withheld: gross profit could not be reconciled with the rest of this filer’s statement.
Revenue
$2.47M
Fiscal year ended 2023-12-31Operating income
-$13.67M
Fiscal year ended 2023-12-31Free cash flow
-$93.13M
Fiscal year ended 2023-12-31AQUABOUNTY TECHNOLOGIES INC (AQB) reported revenue of $2.47M and net income of -$27.56M for the fiscal year ended 2023-12-31. This page shows 9 annual periods of income statement, balance sheet and cash flow figures normalized from AQUABOUNTY TECHNOLOGIES INC’s SEC filings, each linked to the filing it came from.
Income
| Metric | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.47M | $3.14M | $1.17M | $127.66K | $186.74K | $84.52K | $53.28K | $0 | $0 |
| Cost of revenue | Unavailable | Unavailable | Unavailable | Unavailable | $3.57M | $2.63M | $1.19M | $0 | $0 |
| Gross profit | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | -$1.14M | $0 | $0 |
| Operating income | -$13.67M | -$22.32M | -$22.12M | -$16.25M | -$13.18M | -$10.37M | -$9.23M | -$8.07M | -$7.03M |
| Net income | -$27.56M | -$22.16M | -$22.32M | -$16.40M | -$13.23M | -$10.38M | -$9.26M | -$8.47M | -$7.03M |
| Research & development | $506.24K | $903.98K | $2.15M | $2.36M | $2.36M | $3.46M | $3.37M | $3.43M | $3.34M |
| Weighted-average diluted shares | shares 3.84M | shares 3.83M | shares 69.43M | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Pretax income | -$13.84M | -$22.16M | -$22.32M | -$16.40M | -$13.23M | -$10.38M | -$9.26M | -$8.47M | -$7.03M |
| Income tax expense | $0 | $0 | $0 | Unavailable | $0 | $0 | $0 | $0 | $0 |
| Diluted EPS | $-7.17 | $-5.78 | $-0.32 | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Selling, general & administrative | $13.17M | $10.93M | $10.36M | $7.33M | $7.43M | $4.37M | $4.72M | $4.64M | $3.69M |
| General & administrative | $12.52M | $9.79M | $9.10M | $6.80M | $6.72M | $4.07M | $3.92M | $3.78M | $2.70M |
| Selling & marketing | $649.57K | $1.14M | $1.26M | $533.43K | $709.02K | $297.69K | $799.01K | $860.36K | $993.71K |
Balance
| Metric | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 |
|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $8.20M | $101.64M | $88.45M | $95.75M | $2.80M | $3.00M | $506.28K | $3.34M | $1.31M |
| Total assets | $187.55M | $213.84M | $228.44M | $125.78M | $30.23M | $27.67M | $23.73M | $5.71M | Unavailable |
| Current assets | $31.01M | $106.05M | $193.03M | $97.68M | $4.48M | $3.51M | $1.39M | $3.57M | Unavailable |
| Total liabilities | $22.53M | $21.92M | $14.63M | $10.90M | $6.47M | $4.44M | $5.75M | $3.68M | Unavailable |
| Current liabilities | $14.77M | $15.43M | $5.89M | $2.08M | $1.69M | $916.94K | $2.72M | $1.04M | Unavailable |
| Total equity incl. NCI | $165.02M | $191.92M | $213.80M | $114.88M | $23.76M | $23.23M | $17.98M | $2.03M | -$55.57K |
| Temporary (mezzanine) equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Inventory | $1.73M | $2.28M | $1.26M | $1.53M | $1.23M | $76.11K | $172.36K | $0 | Unavailable |
| Accounts receivable | $855.86K | $337.15K | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Goodwill | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Long-term debt | $4.50M | $6.29M | $8.52M | $8.53M | $4.43M | $3.52M | $3.03M | $2.65M | Unavailable |
| Accounts payable | Unavailable | Unavailable | Unavailable | $799.89K | $809.44K | $366.92K | $1.09M | $161.77K | Unavailable |
Cash flow
| Metric | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 |
|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$24.24M | -$21.01M | -$20.47M | -$14.29M | -$11.25M | -$9.82M | -$9.10M | -$7.45M | -$6.75M |
| Capital expenditures | $68.89M | $67.48M | $5.71M | $3.98M | $2.32M | $4.01M | $18.89M | $934.50K | $74.11K |
| Investing cash flow | -$68.89M | $34.35M | -$107.54M | -$3.24M | -$2.46M | -$4.08M | -$19.05M | -$1.07M | -$104.48K |
| Financing cash flow | -$308.47K | -$162.40K | $121.18M | $111.00M | $13.48M | $16.45M | $25.24M | $10.54M | $3.04M |
| Net change in cash | -$93.43M | $13.18M | -$6.80M | $93.45M | -$203.81K | $2.50M | -$2.83M | $2.01M | -$3.85M |
| Stock-based compensation | $542.26K | $535.12K | $394.24K | $436.69K | $872.18K | $263.40K | $122.13K | $218.29K | $237.82K |
| Common dividends paid | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Common share repurchases | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Depreciation & amortization | $2.16M | $2.02M | $1.79M | $1.49M | $1.29M | $843.39K | $184.95K | $154.00K | $105.95K |
Derived
| Metric | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 |
|---|---|---|---|---|---|---|---|---|---|
| Free cash flow | -$93.13M | -$88.48M | -$26.19M | -$18.26M | -$13.57M | -$13.83M | -$27.99M | -$8.38M | -$6.82M |
| Gross margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | -2140.3% | Unavailable | Unavailable |
| Operating margin | Unavailable | -711.6% | -1883.0% | -12727.1% | -7057.3% | -12264.6% | -17328.2% | Unavailable | Unavailable |
| FCF margin | Unavailable | -2820.7% | -2228.9% | -14306.4% | -7264.5% | -16359.2% | -52543.3% | Unavailable | Unavailable |
| SBC / revenue | Unavailable | 17.1% | 33.6% | 342.1% | 467.1% | 311.6% | 229.2% | Unavailable | Unavailable |
| Current ratio | 2.10x | 6.87x | 32.79x | 46.91x | 2.65x | 3.83x | 0.51x | 3.45x | Unavailable |
| Revenue YoY growth | -21.2% | 167.0% | 820.3% | -31.6% | 120.9% | 58.6% | Unavailable | Unavailable | Unavailable |
| Net margin | Unavailable | -706.3% | -1900.1% | -12846.3% | -7083.5% | -12283.8% | -17378.0% | Unavailable | Unavailable |
| R&D / revenue | Unavailable | 28.8% | 182.6% | 1852.2% | 1263.5% | 4092.1% | 6328.6% | Unavailable | Unavailable |
| CapEx / revenue | Unavailable | 2151.0% | 486.4% | 3113.8% | 1240.7% | 4744.2% | 35461.7% | Unavailable | Unavailable |
| Long-term debt / equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Effective tax rate | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open AQB in the interactive workspace to inspect any figure back to its filing.
Source filings
10-Q · Filed 2026-08-06View SEC filing
10-Q · Filed 2026-05-07View SEC filing
10-K · Filed 2026-03-31View SEC filing
10-Q · Filed 2025-10-28View SEC filing
10-Q · Filed 2025-08-05View SEC filing
10-Q · Filed 2025-05-15View SEC filing
Reconciliation checks needing review
2 periods on this page do not reconcile under this site’s normalization. Read that as a limitation here before an observation about the company: the figures are the filer’s own, the filings linked above are authoritative, and a difference usually means the concepts this site selected do not match how this filer presents its statements. Nothing is adjusted to make a check pass.
gross profit bridgeinconsistent2018-12-31
Withheld: gross profit could not be reconciled with the rest of this filer’s statement.