gross profit bridgeinconsistent2024-12-31
Withheld: gross profit could not be reconciled with the rest of this filer’s statement.
Revenue
$0
Fiscal year ended 2024-12-31Operating income
-$23.85M
Fiscal year ended 2024-12-31Free cash flow
-$21.55M
Fiscal year ended 2024-12-31Aqua Metals, Inc. (AQMS) reported revenue of $0 and net income of -$24.56M for the fiscal year ended 2024-12-31. This page shows 9 annual periods of income statement, balance sheet and cash flow figures normalized from Aqua Metals, Inc.’s SEC filings, each linked to the filing it came from.
Income
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $0 | $25.00K | $4.00K | $173.00K | $108.00K | $4.87M | $4.45M | $2.09M | $0 |
| Cost of revenue | $7.21M | $6.28M | $3.96M | $7.02M | $5.48M | $24.80M | $22.76M | $9.54M | $0 |
| Gross profit | Unavailable | -$6.26M | -$3.96M | -$6.84M | -$5.37M | -$19.92M | -$18.31M | -$7.45M | $0 |
| Operating income | -$23.85M | -$24.46M | -$15.57M | -$17.46M | -$15.39M | -$40.79M | -$37.03M | -$24.86M | -$12.96M |
| Net income | -$24.56M | -$23.94M | -$15.43M | -$18.19M | -$25.76M | -$44.80M | -$40.25M | -$26.58M | -$13.56M |
| Research & development | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | $8.10M | $6.35M |
| Weighted-average diluted shares | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Pretax income | -$24.55M | -$23.94M | -$15.43M | -$18.19M | -$25.76M | -$44.79M | -$40.25M | -$26.58M | -$13.56M |
| Income tax expense | $3.00K | $2.00K | $2.00K | $2.00K | $2.00K | $2.00K | $2.00K | $2.00K | $1.00K |
| Diluted EPS | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Selling, general & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| General & administrative | $11.97M | $11.64M | $9.82M | $9.69M | $9.00M | $19.31M | $14.21M | $600.00K | $6.61M |
| Selling & marketing | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Balance
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $4.08M | $16.52M | $7.08M | $8.14M | $6.53M | $7.58M | $20.89M | $22.79M | $25.46M |
| Total assets | $26.36M | $33.60M | $33.50M | $33.27M | $35.14M | $69.45M | $71.37M | $74.44M | $71.53M |
| Current assets | $4.64M | $18.30M | $23.21M | $12.44M | $8.36M | $27.50M | $22.75M | $25.68M | $27.37M |
| Total liabilities | $10.12M | $7.54M | $12.59M | $5.74M | $4.00M | $19.86M | $21.28M | $15.48M | $14.54M |
| Current liabilities | $8.18M | $4.61M | $12.31M | $4.08M | $3.45M | $9.81M | $11.80M | $3.83M | $4.03M |
| Total equity incl. NCI | $16.24M | $26.06M | $20.92M | $27.53M | $31.14M | $49.59M | $50.09M | $58.96M | $56.99M |
| Temporary (mezzanine) equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Inventory | $251.00K | $929.00K | $278.00K | $123.00K | $1.09M | $1.26M | $765.00K | $1.24M | $59.00K |
| Accounts receivable | $0 | $67.00K | $12.00K | $269.00K | $32.00K | $244.00K | $725.00K | $882.00K | Unavailable |
| Goodwill | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Long-term debt | Unavailable | Unavailable | Unavailable | Unavailable | $332.00K | $9.31M | $9.54M | Unavailable | $9.92M |
| Accounts payable | $1.23M | $1.84M | $1.08M | $685.00K | $1.55M | $4.83M | $2.09M | $1.44M | $1.57M |
Cash flow
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$13.63M | -$3.19M | -$10.15M | -$7.06M | -$11.03M | -$25.18M | -$26.32M | -$19.00M | -$11.12M |
| Capital expenditures | $7.92M | $5.60M | $4.77M | $2.35M | $3.36M | $12.80M | $3.69M | $8.82M | $29.16M |
| Investing cash flow | -$11.64M | -$9.81M | -$3.42M | -$2.23M | $6.63M | -$10.57M | -$3.93M | -$9.78M | -$29.61M |
| Financing cash flow | $12.82M | $22.45M | $12.51M | $10.89M | $3.35M | $22.43M | $28.35M | $24.99M | $35.50M |
| Net change in cash | -$12.44M | $9.44M | -$1.06M | $1.60M | -$1.04M | -$13.32M | -$1.90M | -$2.66M | $5.32M |
| Stock-based compensation | $2.74M | $2.53M | $2.26M | $2.20M | $3.57M | $4.21M | $1.20M | $1.08M | $1.06M |
| 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 | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Derived
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|
| Free cash flow | -$21.55M | -$8.79M | -$14.92M | -$9.41M | -$14.39M | -$37.98M | -$30.01M | -$27.82M | -$40.28M |
| Gross margin | Unavailable | -25028.0% | -98875.0% | -3956.1% | -4970.4% | -408.8% | -411.6% | -356.9% | Unavailable |
| Operating margin | Unavailable | -97856.0% | -389150.0% | -10095.4% | -14252.8% | -837.0% | -832.3% | -1190.5% | Unavailable |
| FCF margin | Unavailable | -35164.0% | -372975.0% | -5440.5% | -13325.9% | -779.2% | -674.6% | -1332.4% | Unavailable |
| SBC / revenue | Unavailable | 10136.0% | 56375.0% | 1272.3% | 3307.4% | 86.3% | 27.0% | 51.8% | Unavailable |
| Current ratio | 0.57x | 3.97x | 1.89x | 3.05x | 2.42x | 2.80x | 1.93x | 6.70x | 6.79x |
| Revenue YoY growth | -100.0% | 525.0% | -97.7% | 60.2% | -97.8% | 9.6% | 113.1% | Unavailable | Unavailable |
| Net margin | Unavailable | -95752.0% | -385775.0% | -10516.2% | -23853.7% | -919.1% | -904.8% | -1273.0% | Unavailable |
| R&D / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| CapEx / revenue | Unavailable | 22392.0% | 119275.0% | 1358.4% | 3113.9% | 262.7% | 83.0% | 422.4% | 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 AQMS in the interactive workspace to inspect any figure back to its filing.
Source filings
10-Q · Filed 2026-07-30View SEC filing
10-Q · Filed 2026-05-14View SEC filing
10-K · Filed 2026-03-31View SEC filing
10-Q · Filed 2025-11-12View SEC filing
10-Q · Filed 2025-08-13View SEC filing
10-Q · Filed 2025-05-08View SEC filing
Reconciliation checks needing review
3 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.
cash flow reconciliationreview2017-12-31
Operating, investing and financing flows differ from the reported change in cash by 1124000, beyond tolerance 1000000.
cash flow reconciliationreview2016-12-31
Operating, investing and financing flows differ from the reported change in cash by 10543000, beyond tolerance 1000000.