Aqua Metals, Inc.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $10.0M
- Price
- $2.81
- % Change (Daily % change from the live per-ticker quote feed.)
- +3.88%
- Volume
- 32.7K
About
Predominantly operating in the United States, Aqua Metals, Inc. specializes in the reclamation of lead. This company manufactures and supplies various forms of lead, including hard lead and lead-based compounds, in addition to plastic materials. Aqua Metals, Inc. commenced operations in 2014 and has its corporate headquarters situated in Reno, Nevada.
Quick stats
Shares outstanding3.6M
Computed float3.0M
Float / shares85.5%
Key info
SectorIndustrials
IndustryWaste Management
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001621832
Websitehttps://www.aquametals.com
AI Summary
AI-generated1/12
standardmixedearnings
Aqua Metals Reports Second Quarter 2026 Results and Advances Phased Commercialization Plan for Headwaters ARC
Aqua Metals reported a Q2 net loss of $4.48 million, or $1.31 per share, with cash and equivalents decreasing to $4.7 million from $10.8 million at the end of 2025. Despite the financial burn, the company announced it is transitioning from technology validation to commercial execution, advancing final site diligence for a 150,000-square-foot Midwest facility for its Headwaters ARC project.
Management outlined a two-phase commercialization strategy, beginning with preprocessing equipment to recover copper and aluminum, followed by AquaRefining™ to produce battery-grade materials. The Innovation Center has surpassed 5,000 cumulative operating hours, and the company continues to engage with partners like 6K Energy and Westwin Elements.
Looking forward, Aqua Metals prioritized securing site control, finalizing equipment partners, and advancing capital formation for Phase 1. The company emphasized it remains debt-free but acknowledged the need to complete financing and permitting to achieve its milestones.
Red flags
- Cash balance of $4.7 million implies limited runway given the Q2 burn rate of approximately $4.5 million
- Headwaters ARC development remains subject to completion of financing, site acquisition, and permitting