$AQMS
Aqua Metals, Inc. Stock $aqms

$aqms Overview Financials Valuation SEC Filings Company Website

2019 Q2 Form 10-Q Financial Statement

#000162183219000043 Filed on May 09, 2019

Income Statement

Concept	2019 Q2	2019 Q1	2018 Q1
Revenue	$1.483M	$437.0K	$1.726M
YoY Change	207.04%	-74.68%
Cost Of Revenue	$7.185M	$4.681M	$5.436M
YoY Change	56.2%	-13.89%
Gross Profit	-$5.702M	-$4.244M	-$3.710M
YoY Change	38.5%	14.39%
Gross Profit Margin	-384.49%	-971.17%	-214.95%
Selling, General & Admin	$4.650M	$4.520M	$3.140M
YoY Change	-7.74%	43.95%	-29.12%
% of Gross Profit
Research & Development	$338.0K	$620.0K	$1.475M
YoY Change	-71.9%	-57.97%	-50.62%
% of Gross Profit
Depreciation & Amortization	$900.0K	$800.0K	$800.0K
YoY Change	12.5%	0.0%	12.68%
% of Gross Profit
Operating Expenses	$11.86M	$9.317M	$8.686M
YoY Change	22.05%	7.26%	92.38%
Operating Profit	-$10.38M	-$8.880M	-$6.960M
YoY Change	12.37%	27.59%	54.15%
Interest Expense	$203.0K	$2.889M	$587.0K
YoY Change	-71.77%	392.16%	51.29%
% of Operating Profit
Other Income/Expense, Net	-$126.0K	-$2.826M	-$570.0K
YoY Change	-81.84%	395.79%	51.19%
Pretax Income	-$10.50M	-$11.71M	-$7.530M
YoY Change	5.78%	55.46%	53.92%
Income Tax	$0.00	$2.000K	$2.000K
% Of Pretax Income
Net Earnings	-$10.50M	-$11.71M	-$7.532M
YoY Change	5.78%	55.44%	53.9%
Net Earnings / Revenue	-708.09%	-2679.18%	-436.38%
Basic Earnings Per Share
Diluted Earnings Per Share	-$206.9K	-$269.1K	-$271.2K
COMMON SHARES
Basic Shares Outstanding	44.77M shares	44.35M shares
Diluted Shares Outstanding

Balance Sheet

Concept	2019 Q2	2019 Q1	2018 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$27.31M	$15.34M	$17.50M
YoY Change	-25.71%	-12.34%	-41.88%
Cash & Equivalents	$27.31M	$15.34M	$17.50M
Short-Term Investments
Other Short-Term Assets	$580.0K	$1.160M	$640.0K
YoY Change	163.64%	81.25%	-60.25%
Inventory	$1.742M	$1.216M	$930.0K
Prepaid Expenses
Receivables	$1.013M	$426.0K	$1.330M
Other Receivables	$0.00	$0.00	$0.00
Total Short-Term Assets	$30.65M	$18.14M	$20.40M
YoY Change	-20.56%	-11.1%	-36.29%
LONG-TERM ASSETS
Property, Plant & Equipment	$47.63M	$46.59M	$46.58M
YoY Change	2.45%	0.02%	6.79%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$4.363M	$3.332M	$1.560M
YoY Change	179.68%	113.59%	-7.14%
Total Long-Term Assets	$53.08M	$51.05M	$49.56M
YoY Change	7.39%	3.01%	6.72%
TOTAL ASSETS
Total Short-Term Assets	$30.65M	$18.14M	$20.40M
Total Long-Term Assets	$53.08M	$51.05M	$49.56M
Total Assets	$83.73M	$69.19M	$69.96M
YoY Change	-4.86%	-1.1%	-10.83%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$5.447M	$3.035M	$2.080M
YoY Change	222.31%	45.91%	-21.21%
Accrued Expenses	$2.413M	$4.449M	$1.670M
YoY Change	48.04%	166.41%	45.22%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$280.0K	$280.0K	$380.0K
YoY Change	-89.35%	-26.32%	22.58%
Total Short-Term Liabilities	$8.652M	$8.263M	$4.330M
YoY Change	40.45%	90.83%	0.93%
LONG-TERM LIABILITIES
Long-Term Debt	$8.580M	$8.640M	$10.51M
YoY Change	-1.38%	-17.79%	8.69%
Other Long-Term Liabilities	$1.890M	$2.010M	$1.430M
YoY Change	35.97%	40.56%	-10.06%
Total Long-Term Liabilities	$10.47M	$10.65M	$11.94M
YoY Change	3.77%	-10.8%	6.04%
TOTAL LIABILITIES
Total Short-Term Liabilities	$8.652M	$8.263M	$4.330M
Total Long-Term Liabilities	$10.47M	$10.65M	$11.94M
Total Liabilities	$19.11M	$18.91M	$16.27M
YoY Change	17.62%	16.23%	4.63%
SHAREHOLDERS EQUITY
Retained Earnings	-$117.3M	-$106.8M
YoY Change
Common Stock	$181.9M	$157.1M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$64.62M	$50.28M	$53.68M
YoY Change
Total Liabilities & Shareholders Equity	$83.73M	$69.19M	$69.96M
YoY Change	-4.86%	-1.1%	-10.83%

Cashflow Statement

Concept	2019 Q2	2019 Q1	2018 Q1
OPERATING ACTIVITIES
Net Income	-$10.50M	-$11.71M	-$7.532M
YoY Change	5.78%	55.44%	53.9%
Depreciation, Depletion And Amortization	$900.0K	$800.0K	$800.0K
YoY Change	12.5%	0.0%	12.68%
Cash From Operating Activities	-$5.530M	-$6.304M	-$5.958M
YoY Change	-11.09%	5.81%	43.57%
INVESTING ACTIVITIES
Capital Expenditures	-$1.590M	$1.612M	$1.337M
YoY Change	51.43%	20.57%	-159.96%
Acquisitions
YoY Change
Other Investing Activities	-$1.140M	$40.00K	$0.00
YoY Change			-100.0%
Cash From Investing Activities	-$2.730M	-$1.574M	-$1.337M
YoY Change	160.0%	17.73%	-42.37%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net		$9.063M	$2.107M
YoY Change		330.14%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	20.23M	$2.322M	$1.999M
YoY Change	-23.78%	16.16%	-81.11%
NET CHANGE
Cash From Operating Activities	-5.530M	-$6.304M	-$5.958M
Cash From Investing Activities	-2.730M	-$1.574M	-$1.337M
Cash From Financing Activities	20.23M	$2.322M	$1.999M
Net Change In Cash	11.97M	-$5.556M	-$5.296M
YoY Change	-37.88%	4.91%	-228.86%
FREE CASH FLOW
Cash From Operating Activities	-$5.530M	-$6.304M	-$5.958M
Capital Expenditures	-$1.590M	$1.612M	$1.337M
Free Cash Flow	-$3.940M	-$7.916M	-$7.295M
YoY Change	-23.79%	8.51%	279.95%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2018Q4	aqms	Accrued Interest Payable AccruedInterestPayable	1651000	USD
CY2019Q1	aqms	Accrued Interest Payable AccruedInterestPayable	0	USD
CY2019Q1	aqms	Allocated Transaction Cost AllocatedTransactionCost	10000	USD
CY2019Q1	aqms	Annual Fee Percentage AnnualFeePercentage	0.005
CY2018Q1	aqms	Fairvalueofcommonstockissuedforconsultingservices Fairvalueofcommonstockissuedforconsultingservices	0	USD
CY2019Q1	aqms	Fairvalueofcommonstockissuedforconsultingservices Fairvalueofcommonstockissuedforconsultingservices	1187000	USD
CY2019Q1	aqms	Guarantee Fee GuaranteeFee	270000	USD
CY2018Q1	aqms	Increase Decrease In Deferred Rent IncreaseDecreaseInDeferredRent	-46000	USD
CY2019Q1	aqms	Increase Decrease In Deferred Rent IncreaseDecreaseInDeferredRent	-35000	USD
CY2018Q1	aqms	Increase In Property And Equipment Resulting From Increase In Accounts Payable IncreaseInPropertyAndEquipmentResultingFromIncreaseInAccountsPayable	504000	USD
CY2019Q1	aqms	Increase In Property And Equipment Resulting From Increase In Accounts Payable IncreaseInPropertyAndEquipmentResultingFromIncreaseInAccountsPayable	455000	USD
CY2018Q1	aqms	Increase In Property And Equipment Resulting From Increase In Accrued Expenses IncreaseInPropertyAndEquipmentResultingFromIncreaseInAccruedExpenses	213000	USD
CY2019Q1	aqms	Increase In Property And Equipment Resulting From Increase In Accrued Expenses IncreaseInPropertyAndEquipmentResultingFromIncreaseInAccruedExpenses	103000	USD
CY2019Q1	aqms	Net Proceeds From Public Offering NetProceedsFromPublicOffering	9100000	USD
CY2018Q1	aqms	Non Cash Convertible Note Interest Expense NonCashConvertibleNoteInterestExpense	163000	USD
CY2019Q1	aqms	Non Cash Convertible Note Interest Expense NonCashConvertibleNoteInterestExpense	2556000	USD
CY2018Q1	aqms	Non Cash Interest Expense NonCashInterestExpense	0	USD
CY2019Q1	aqms	Non Cash Interest Expense NonCashInterestExpense	101000	USD
CY2018Q2	aqms	Onetime Fee Payable OnetimeFeePayable	500000	USD
CY2018Q4	aqms	Operatingand Finance Liability Current OperatingandFinanceLiabilityCurrent	121000	USD
CY2019Q1	aqms	Operatingand Finance Liability Current OperatingandFinanceLiabilityCurrent	505000	USD
CY2018Q4	aqms	Operatingand Finance Liability Noncurrent OperatingandFinanceLiabilityNoncurrent	110000	USD
CY2019Q1	aqms	Operatingand Finance Liability Noncurrent OperatingandFinanceLiabilityNoncurrent	1282000	USD
CY2018	aqms	Paymentsfor Key Man Penalties PaymentsforKeyManPenalties	2000000	USD
CY2019Q1	aqms	Paymentsfor Key Man Penalties PaymentsforKeyManPenalties	2000000	USD
CY2018Q1	aqms	Percentage Of Revenue Accounted Products Transferred To Customers PercentageOfRevenueAccountedProductsTransferredToCustomers	1
CY2019Q1	aqms	Percentage Of Revenue Accounted Products Transferred To Customers PercentageOfRevenueAccountedProductsTransferredToCustomers	1
CY2018Q1	aqms	Public Offering January2019 Transaction Cost PublicOfferingJanuary2019TransactionCost	739000	USD
CY2019Q1	dei	Amendment Flag AmendmentFlag	false
CY2019Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2019Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2019Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2019
CY2019Q1	dei	Document Period End Date DocumentPeriodEndDate	2019-03-31
CY2019Q1	dei	Document Type DocumentType	10-Q
CY2019Q1	dei	Entity Central Index Key EntityCentralIndexKey	0001621832
CY2019Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	44766883	shares
CY2019Q1	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	true
CY2019Q1	dei	Entity Ex Transition Period EntityExTransitionPeriod	true
CY2019Q1	dei	Entity Filer Category EntityFilerCategory	Accelerated Filer
CY2019Q1	dei	Entity Registrant Name EntityRegistrantName	Aqua Metals, Inc.
CY2019Q1	dei	Entity Small Business EntitySmallBusiness	true
CY2019Q1	dei	Trading Symbol TradingSymbol	AQMS
CY2018Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	2088000	USD
CY2019Q1	us-gaap	Accounts Payable Current AccountsPayableCurrent	3035000	USD
CY2018Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	725000	USD
CY2019Q1	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	426000	USD
CY2018Q1	us-gaap	Accretion Expense AccretionExpense	11000	USD
CY2019Q1	us-gaap	Accretion Expense AccretionExpense	11000	USD
CY2018Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	5196000	USD
CY2019Q1	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	4449000	USD
CY2018Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	6042000	USD
CY2019Q1	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	6819000	USD
CY2018Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	145147000	USD
CY2019Q1	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	157037000	USD
CY2018Q1	us-gaap	Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition	144000	USD
CY2019Q1	us-gaap	Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition	1067000	USD
CY2019Q1	us-gaap	Adjustments To Additional Paid In Capital Warrant Issued AdjustmentsToAdditionalPaidInCapitalWarrantIssued	578000	USD
CY2018Q1	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	235000	USD
CY2019Q1	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	0	USD
CY2018Q1	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	21000	USD
CY2019Q1	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	29000	USD
CY2018Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	47000	USD
CY2019Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	48000	USD
CY2018Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	3668211	shares
CY2019Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	6129550	shares
CY2018Q1	us-gaap	Asset Retirement Obligation Accretion Expense AssetRetirementObligationAccretionExpense	11000	USD
CY2019Q1	us-gaap	Asset Retirement Obligation Accretion Expense AssetRetirementObligationAccretionExpense	11000	USD
CY2017Q1	us-gaap	Asset Retirement Obligations Noncurrent AssetRetirementObligationsNoncurrent	700000	USD
CY2018Q4	us-gaap	Asset Retirement Obligations Noncurrent AssetRetirementObligationsNoncurrent	745000	USD
CY2019Q1	us-gaap	Asset Retirement Obligations Noncurrent AssetRetirementObligationsNoncurrent	756000	USD
CY2018Q4	us-gaap	Assets Assets	71371000	USD
CY2019Q1	us-gaap	Assets Assets	69189000	USD
CY2018Q4	us-gaap	Assets Current AssetsCurrent	22752000	USD
CY2019Q1	us-gaap	Assets Current AssetsCurrent	18135000	USD
CY2018Q4	us-gaap	Assets Noncurrent AssetsNoncurrent	48619000	USD
CY2019Q1	us-gaap	Assets Noncurrent AssetsNoncurrent	51054000	USD
CY2018Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	20892000	USD
CY2019Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	15336000	USD
CY2017Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	22793000	USD
CY2018Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	17497000	USD
CY2018Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	20892000	USD
CY2019Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	15336000	USD
CY2018Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-5296000	USD
CY2019Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-5556000	USD
CY2018Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2019Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2018Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2019Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2018Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	50000000	shares
CY2019Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	50000000	shares
CY2018Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	38932437	shares
CY2019Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	44727697	shares
CY2018Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	38932437	shares
CY2019Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	44727697	shares
CY2018Q4	us-gaap	Common Stock Value CommonStockValue	39000	USD
CY2019Q1	us-gaap	Common Stock Value CommonStockValue	45000	USD
CY2018Q4	us-gaap	Convertible Long Term Notes Payable ConvertibleLongTermNotesPayable	0	USD
CY2019Q1	us-gaap	Convertible Long Term Notes Payable ConvertibleLongTermNotesPayable	0	USD
CY2018Q4	us-gaap	Convertible Notes Payable Current ConvertibleNotesPayableCurrent	4075000	USD
CY2019Q1	us-gaap	Convertible Notes Payable Current ConvertibleNotesPayableCurrent	0	USD
CY2018Q1	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	5436000	USD
CY2019Q1	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	4681000	USD
CY2018Q4	us-gaap	Debt Instrument Face Amount DebtInstrumentFaceAmount	5000000	USD
CY2019Q1	us-gaap	Debt Instrument Face Amount DebtInstrumentFaceAmount	0	USD
CY2018Q4	us-gaap	Debt Instrument Unamortized Discount Noncurrent DebtInstrumentUnamortizedDiscountNoncurrent	2556000	USD
CY2019Q1	us-gaap	Debt Instrument Unamortized Discount Noncurrent DebtInstrumentUnamortizedDiscountNoncurrent	0	USD
CY2018Q4	us-gaap	Deferred Costs Current And Noncurrent DeferredCostsCurrentAndNoncurrent	20000	USD
CY2019Q1	us-gaap	Deferred Costs Current And Noncurrent DeferredCostsCurrentAndNoncurrent	0	USD
CY2018Q4	us-gaap	Deferred Rent Credit Current DeferredRentCreditCurrent	8000	USD
CY2018Q4	us-gaap	Deferred Rent Credit Noncurrent DeferredRentCreditNoncurrent	27000	USD
CY2019Q1	us-gaap	Deferred Rent Credit Noncurrent DeferredRentCreditNoncurrent	0	USD
CY2018Q1	us-gaap	Depreciation Depreciation	778000	USD
CY2018Q1	us-gaap	Depreciation Depreciation	800000	USD
CY2019Q1	us-gaap	Depreciation Depreciation	800000	USD
CY2019Q1	us-gaap	Depreciation Depreciation	843000	USD
CY2018Q1	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.27
CY2019Q1	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.27
CY2018Q1	us-gaap	Fair Value Adjustment Of Warrants FairValueAdjustmentOfWarrants	0	USD
CY2019Q1	us-gaap	Fair Value Adjustment Of Warrants FairValueAdjustmentOfWarrants	578000	USD
CY2019Q1	us-gaap	Finance Lease Liability Current FinanceLeaseLiabilityCurrent	6000	USD
CY2019Q1	us-gaap	Finance Lease Liability Noncurrent FinanceLeaseLiabilityNoncurrent	30000	USD
CY2018Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	1271000	USD
CY2019Q1	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	1133000	USD
CY2018Q1	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	0	USD
CY2019Q1	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	-79000	USD
CY2018Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	1775000	USD
CY2019Q1	us-gaap	Inventory Finished Goods InventoryFinishedGoods	135000	USD
CY2018Q1	us-gaap	Interest Paid Net InterestPaidNet	168000	USD
CY2019Q1	us-gaap	Interest Paid Net InterestPaidNet	188000	USD
CY2018Q4	us-gaap	Inventory Finished Goods InventoryFinishedGoods	43000	USD
CY2018Q4	us-gaap	Liabilities Liabilities	21281000	USD
CY2019Q1	us-gaap	Liabilities Liabilities	18911000	USD
CY2018Q1	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	144000	USD
CY2019Q1	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	493000	USD
CY2019Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	4016000	USD
CY2019Q1	us-gaap	Guarantee Obligations Liquidation Proceeds Percentage GuaranteeObligationsLiquidationProceedsPercentage	0.9
CY2018Q1	us-gaap	Impairment Of Intangible Assets Finitelived ImpairmentOfIntangibleAssetsFinitelived	0	USD
CY2019Q1	us-gaap	Impairment Of Intangible Assets Finitelived ImpairmentOfIntangibleAssetsFinitelived	90000	USD
CY2018Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-7530000	USD
CY2019Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-11706000	USD
CY2018Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	2000	USD
CY2019Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	2000	USD
CY2018Q1	us-gaap	Income Taxes Paid IncomeTaxesPaid	2000	USD
CY2019Q1	us-gaap	Income Taxes Paid IncomeTaxesPaid	2000	USD
CY2018Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	444000	USD
CY2019Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-299000	USD
CY2018Q1	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	83000	USD
CY2019Q1	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	-684000	USD
CY2018Q1	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-267000	USD
CY2019Q1	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	332000	USD
CY2018Q1	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	0	USD
CY2019Q1	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	21000	USD
CY2018Q1	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-132000	USD
CY2019Q1	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	786000	USD
CY2018Q1	us-gaap	Interest And Other Income InterestAndOtherIncome	17000	USD
CY2019Q1	us-gaap	Interest And Other Income InterestAndOtherIncome	63000	USD
CY2018Q1	us-gaap	Interest Expense InterestExpense	587000	USD
CY2019Q1	us-gaap	Interest Expense InterestExpense	2889000	USD
CY2018Q4	us-gaap	Inventory Net InventoryNet	765000	USD
CY2019Q1	us-gaap	Inventory Net InventoryNet	1216000	USD
CY2018Q4	us-gaap	Inventory Raw Materials InventoryRawMaterials	558000	USD
CY2019Q1	us-gaap	Inventory Raw Materials InventoryRawMaterials	811000	USD
CY2018Q4	us-gaap	Inventory Work In Process InventoryWorkInProcess	164000	USD
CY2019Q1	us-gaap	Inventory Work In Process InventoryWorkInProcess	270000	USD
CY2018Q1	us-gaap	Inventory Write Down InventoryWriteDown	39000	USD
CY2019Q1	us-gaap	Inventory Write Down InventoryWriteDown	-119000	USD
CY2019Q1	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	2000000	USD
CY2019Q1	us-gaap	Lessee Operating Lease Liability Payments Due After Year Five LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive	0	USD
CY2019Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Five LesseeOperatingLeaseLiabilityPaymentsDueYearFive	91000	USD
CY2019Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Four LesseeOperatingLeaseLiabilityPaymentsDueYearFour	634000	USD
CY2019Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	647000	USD
CY2019Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	628000	USD
CY2019Q1	us-gaap	Lessee Operating Lease Liability Undiscounted Excess Amount LesseeOperatingLeaseLiabilityUndiscountedExcessAmount	249000	USD
CY2018Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-5958000	USD
CY2019Q1	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	1529000	USD
CY2019Q1	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	1530000	USD
CY2019Q1	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.0966
CY2019Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-6304000	USD
CY2019Q1	us-gaap	Operating Expenses OperatingExpenses	9317000	USD
CY2018Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	-6960000	USD
CY2019Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	-8880000	USD
CY2019Q1	us-gaap	Operating Lease Liability OperatingLeaseLiability	1750000	USD
CY2019Q1	us-gaap	Operating Lease Liability OperatingLeaseLiability	1751000	USD
CY2019Q1	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	499000	USD
CY2019Q1	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	1252000	USD
CY2019Q1	us-gaap	Operating Lease Payments OperatingLeasePayments	154000	USD
CY2018Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	71371000	USD
CY2019Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	69189000	USD
CY2018Q4	us-gaap	Liabilities Current LiabilitiesCurrent	11799000	USD
CY2019Q1	us-gaap	Liabilities Current LiabilitiesCurrent	8263000	USD
CY2018Q4	us-gaap	Long Term Notes Payable LongTermNotesPayable	8600000	USD
CY2019Q1	us-gaap	Long Term Notes Payable LongTermNotesPayable	8610000	USD
CY2018Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	1999000	USD
CY2019Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	2322000	USD
CY2018Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-1337000	USD
CY2019Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-1574000	USD
CY2018Q1	us-gaap	Net Income Loss NetIncomeLoss	-7532000	USD
CY2019Q1	us-gaap	Net Income Loss NetIncomeLoss	-11708000	USD
CY2018Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-570000	USD
CY2019Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-2826000	USD
CY2018Q4	us-gaap	Notes Payable Current NotesPayableCurrent	311000	USD
CY2019Q1	us-gaap	Notes Payable Current NotesPayableCurrent	274000	USD
CY2019Q1	us-gaap	Number Of Operating Segments NumberOfOperatingSegments	1	segment
CY2018Q1	us-gaap	Operating Expenses OperatingExpenses	8686000	USD
CY2018Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	1800000	USD
CY2019Q1	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	3332000	USD
CY2018Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	1337000	USD
CY2019Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	1612000	USD
CY2018Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	370000	USD
CY2019Q1	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	1157000	USD
CY2019Q1	us-gaap	Proceeds From Issuance Initial Public Offering ProceedsFromIssuanceInitialPublicOffering	9800000	USD
CY2018Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	2107000	USD
CY2019Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	9063000	USD
CY2018Q1	us-gaap	Proceeds From Sale Of Other Productive Assets ProceedsFromSaleOfOtherProductiveAssets	0	USD
CY2019Q1	us-gaap	Proceeds From Sale Of Other Productive Assets ProceedsFromSaleOfOtherProductiveAssets	38000	USD
CY2018Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	51590000	USD
CY2019Q1	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	53408000	USD
CY2018Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	45548000	USD
CY2019Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	46589000	USD
CY2018Q1	us-gaap	Repayments Of Convertible Debt RepaymentsOfConvertibleDebt	0	USD
CY2019Q1	us-gaap	Repayments Of Convertible Debt RepaymentsOfConvertibleDebt	6651000	USD
CY2018Q1	us-gaap	Repayments Of Debt RepaymentsOfDebt	69000	USD
CY2019Q1	us-gaap	Repayments Of Debt RepaymentsOfDebt	90000	USD
CY2018Q1	us-gaap	Repayments Of Long Term Capital Lease Obligations RepaymentsOfLongTermCapitalLeaseObligations	39000	USD
CY2019Q1	us-gaap	Repayments Of Long Term Capital Lease Obligations RepaymentsOfLongTermCapitalLeaseObligations	0	USD
CY2018Q1	us-gaap	Research And Development Expense Excluding Acquired In Process Cost ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost	1475000	USD
CY2019Q1	us-gaap	Research And Development Expense Excluding Acquired In Process Cost ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost	620000	USD
CY2018Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-95096000	USD
CY2019Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-106804000	USD
CY2018Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	1726000	USD
CY2019Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	437000	USD
CY2019Q1	us-gaap	Sale Of Stock Number Of Shares Issued In Transaction SaleOfStockNumberOfSharesIssuedInTransaction	5175000	shares
CY2019Q1	us-gaap	Sale Of Stock Price Per Share SaleOfStockPricePerShare	1.90
CY2018Q1	us-gaap	Share Based Compensation ShareBasedCompensation	144000	USD
CY2019Q1	us-gaap	Share Based Compensation ShareBasedCompensation	1067000	USD
CY2018Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate	0
CY2019Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate	0
CY2019Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Shares Purchased For Award ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesPurchasedForAward	250000	shares
CY2019Q1	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1 SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1	P3Y
CY2018Q1	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1 SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1	P3Y6M
CY2019Q1	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1 SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1	P3Y4M24D
CY2019Q1	us-gaap	Stock Issued During Period Value Issued For Services StockIssuedDuringPeriodValueIssuedForServices	1187000	USD
CY2018Q1	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	4000	USD
CY2017Q4	us-gaap	Stockholders Equity StockholdersEquity	58965000	USD
CY2018Q1	us-gaap	Stockholders Equity StockholdersEquity	53684000	USD
CY2018Q4	us-gaap	Stockholders Equity StockholdersEquity	50090000	USD
CY2019Q1	us-gaap	Stockholders Equity StockholdersEquity	50278000	USD
CY2018Q1	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	27768008	shares
CY2019Q1	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	43514225	shares
CY2019Q1	us-gaap	Concentration Risk Credit Risk ConcentrationRiskCreditRisk	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:13px;text-align:justify;padding-left:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Concentration of credit risk</font></div><div style="line-height:120%;padding-top:13px;text-align:justify;padding-left:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Revenues from the following customers each represented at least 10% of total revenue for the three months ended </font><font style="font-family:inherit;font-size:10pt;">March 31, 2019</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2018</font><font style="font-family:inherit;font-size:10pt;">, respectively.</font></div></div>
CY2019Q1	us-gaap	Nature Of Operations NatureOfOperations	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:13px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Organization</font></div><div style="line-height:120%;padding-top:13px;text-align:justify;padding-left:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Aqua Metals, Inc. (the “Company”) was incorporated in Delaware and commenced operations on June 20, 2014 (inception). On January 27, 2015, the Company formed </font><font style="font-family:inherit;font-size:10pt;">two</font><font style="font-family:inherit;font-size:10pt;"> wholly-owned subsidiaries, Aqua Metals Reno, Inc. (“AMR”) and Aqua Metals Operations, Inc. (collectively, the “Subsidiaries”), both incorporated in Delaware. The Company is engaged in the business of lead recycling through its patented and patent-pending AquaRefining</font><font style="font-family:inherit;font-size:8pt;">™</font><font style="font-family:inherit;font-size:10pt;"> technology. Unlike smelting, AquaRefining is a room temperature, water-based process that emits less pollution than smelting, the traditional method of lead recycling. The Company has built its first recycling facility in Nevada’s Tahoe Regional Industrial Complex (“TRIC”) in McCarran, Nevada and intends to pursue the development of additional lead acid battery recycling facilities based on the Company’s AquaRefining technology, likely through licensing or joint development arrangements. The Company commenced the shipment of products for sale, consisting of lead compounds and plastics, in April 2017, and through March 31, 2018, substantially all revenue was derived from the sale of lead compounds and plastics. In April 2018, the Company began shipping cast lead bullion (mixture of lead purchased to prime the kettles and AquaRefined lead from our AquaRefining process) blocks in addition to lead compounds and plastics and in June 2018, the Company began shipping high purity lead from its AquaRefining process. In March 2019, the Company started the process of scaling its AquaRefining plant.</font></div></div>
CY2019Q1	us-gaap	Use Of Estimates UseOfEstimates	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:13px;text-align:justify;padding-left:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Use of estimates</font></div><div style="line-height:120%;padding-top:13px;text-align:justify;padding-left:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of the condensed consolidated financial statements requires management of the Company to make a number of estimates and assumptions relating to the reported amount of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the condensed consolidated financial statements, and the reported amounts of expenses during the period. Significant items subject to such estimates and assumptions include the carrying amount and valuation of long-lived assets, the valuation of conversion features of convertible debt, valuation allowances for deferred tax assets, the determination of fair value of estimated asset retirement obligations, the determination of stock option expense and the determination of the fair value of stock warrants issued. Actual results could differ from those estimates.</font></div></div>

Files In Submission

Name	View Source	Status
0001621832-19-000043-index-headers.html	Edgar Link	pending
0001621832-19-000043-index.html	Edgar Link	pending
0001621832-19-000043.txt	Edgar Link	pending
0001621832-19-000043-xbrl.zip	Edgar Link	pending
aqms-20190331.xml	Edgar Link	completed
aqms-20190331.xsd	Edgar Link	pending
aqms-20190331x10q.htm	Edgar Link	pending
aqms-20190331x10qexx104.htm	Edgar Link	pending
aqms-20190331x10qexx311.htm	Edgar Link	pending
aqms-20190331x10qexx312.htm	Edgar Link	pending
aqms-20190331x10qexx321.htm	Edgar Link	pending
aqms-20190331x10qexx34.htm	Edgar Link	pending
aqms-20190331_cal.xml	Edgar Link	unprocessable
aqms-20190331_def.xml	Edgar Link	unprocessable
aqms-20190331_lab.xml	Edgar Link	unprocessable
aqms-20190331_pre.xml	Edgar Link	unprocessable
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
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report.css	Edgar Link	pending
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$AQMS
Aqua Metals, Inc. Stock $aqms

2019 Q2 Form 10-Q Financial Statement

#000162183219000043 Filed on May 09, 2019

Income Statement

Balance Sheet

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Facts In Submission

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$AQMS Aqua Metals, Inc. Stock $aqms

2019 Q2 Form 10-Q Financial Statement

#000162183219000043 Filed on May 09, 2019

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$AQMS
Aqua Metals, Inc. Stock $aqms