Aqua Metals, Inc. Earnings Recaps
Q3 2025
Nov 14, 2025
Aqua Metals reported significant advancements in Q3 2025, including a successful capital raise of $17.1 million and continued progress in its lithium recycling technology, positioning itself favorably for future commercialization.
Key takeaways
- Raised $17.1 million to enhance strategic flexibility and commercial planning amid a strong operational momentum.
- Successfully processed lithium iron phosphate (LFP) scrap, achieving battery-grade lithium carbonate production at a pilot scale, validated by third-party testing.
- Entered MOUs with Moby Robotics and Impossible Metals, expanding into deep-sea mineral feedstocks for critical metals.
- Regained compliance with Nasdaq listing requirements, further solidifying the company's market position.
- Year-to-date net loss improved by over 33%, showcasing effective cost management and disciplined operational practices.