Cash and cash equivalents slid to USD 4.74 million at June 30, 2026 from USD 10.81 million at Dec. 31, 2025.
Q2 results narrow losses
Aqua Metals posted a Q2 net loss of USD 4.48 million, narrowing from a USD 6.77 million loss a year earlier; loss per share improved to USD 1.31 from USD 7.44.
Operating loss narrowed to USD 4.59 million from USD 7.03 million, as operating expense fell to USD 4.59 million from USD 7.03 million.
Management updates Headwaters ARC plans
Management said it is moving from technology validation to commercial execution, advancing a phased plan for its Headwaters ARC LFP recycling campus.
Aqua Metals expects to announce a Headwaters ARC development path this quarter, subject to diligence, financing, permitting and approvals, while prioritizing site control and Phase 1 equipment partner selection.
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