Aqua Metals, Inc. (AQMS) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | -3.84M | -2.6M | -2.35M | -2.55M | -2.75M | -2M | -3.63M | -3.75M | -4.25M | -5.42M | -3.25M | 8.34M | -2.86M | -840K | -2.73M | -2.54M | -3.4M | -3.86M | 1.19M | -2.78M |
| Operating CF Margin % | - | - | - | - | - | - | - | - | - | - | -13000% | - | - | - | - | -63375% | - | -2232.37% | - | - |
| Operating CF Growth % | -39.63% | -30.58% | 35.38% | 32.12% | 35.24% | 63.16% | -11.85% | -145% | -48.48% | -544.64% | -18.92% | 428.8% | 15.89% | 78.25% | -330.24% | 8.94% | -57.88% | -89.69% | 277.43% | 31.45% |
| Net Income | -3.95M | -4.44M | -3.12M | -6.77M | -8.31M | -7.44M | -5.21M | -6.15M | -5.75M | -10.03M | -4.55M | -4.76M | -4.61M | -3.97M | -3.88M | -3.17M | -4.41M | -4.71M | -1.39M | -8.02M |
| Depreciation & Amortization | 261K | 279K | 276K | 280K | 298K | 290K | 319K | 340K | 325K | 366K | 360K | 359K | 186K | 190K | 233K | 228K | 410K | 259K | 247K | 315K |
| Stock-Based Compensation | 450K | 776K | 452K | 346K | 701K | 574K | 638K | 751K | 774K | 654K | 594K | 599K | 687K | 518K | 598K | 534K | 605K | 503K | 399K | 620K |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 314K | 2.05M | 97K | 3.85M | 5.07M | 3.22M | 658K | 788K | 35K | 4.86M | 220K | 12.12M | 323K | 1.54M | 233K | -515K | 335K | 656K | 1.49M | 4.2M |
| Working Capital Changes | -915K | -1.27M | -53K | -250K | -510K | 1.36M | -40K | 520K | 367K | -1.27M | 123K | 16K | 547K | 883K | 88K | 384K | -344K | -575K | 436K | 98K |
| Change in Receivables | 0 | 0 | 0 | 128K | -128K | 486K | -486K | 0 | 67K | 9K | 26K | -102K | 12K | -11K | -142K | 201K | 72K | -19K | 40K | -290K |
| Change in Inventory | 0 | 0 | 1K | 0 | 6K | 66K | 549K | -108K | -111K | -39K | -259K | -330K | -23K | -250K | 0 | 17K | 78K | 210K | 329K | 283K |
| Change in Payables | 292K | -165K | -187K | 227K | -136K | 22K | -14K | -140K | 111K | -183K | 273K | -58K | 107K | 57K | -30K | -92K | 87K | -296K | 82K | -225K |
| Cash from Investing | -2M | -2.07M | 35K | 5.31M | -375K | -574K | -1.3M | -4.18M | -5.58M | -3.52M | -783K | -289K | -5.22M | -1.74M | -1.32M | -778K | 417K | -722K | -375K | -272K |
| Capital Expenditures | 0 | -190K | 0 | -177K | -475K | -731K | -1.47M | -4.23M | -5.73M | -3.52M | -786K | -323K | -5.29M | -2.48M | -1.61M | -748K | -258K | -678K | -455K | -590K |
| CapEx % of Revenue | - | - | - | - | - | - | - | - | - | - | 3144% | - | - | - | - | 18700% | - | 391.91% | - | - |
| Acquisitions | 0 | 0 | 35K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 34K | 0 | 741K | 0 | 0 | -500K | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -2M | -1.88M | 0 | 5.49M | 100K | 157K | 165K | 50K | 150K | 0 | 3K | 0 | 67K | 0 | 287K | -30K | 1.18M | -44K | 80K | 318K |
| Cash from Financing | 1.85M | 11.9M | 3.97M | -2.42M | 638K | 3.7M | 52K | 7.47M | 1.6M | -142K | 23.43M | -5.21M | 4.36M | 369K | 6.92M | 698K | 3.89M | 1.02M | 184K | 2.03M |
| Debt Issued (Net) | -10K | -9K | -10K | -4.01M | -510K | 1.49M | -23K | -35K | 0 | 3.65M | -1K | -6M | 2.93M | 0 | 5.89M | 0 | 0 | 185K | 184K | 184K |
| Equity Issued (Net) | 1.92M | 11.95M | 3.19M | 1.59M | 1.21M | 2.19M | 278K | 7.72M | 2.13M | -3.79M | 23.95M | 795K | 1.99M | 1M | 1.03M | 698K | 3.89M | 835K | 0 | 1.85M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -56K | -39K | 791K | -1K | -66K | 18K | -203K | -214K | -524K | 0 | -515K | 0 | -563K | -636K | 0 | 0 | 0 | 1K | 0 | 3K |
| Net Change in Cash | -3.99M | 7.22M | 1.65M | 344K | -2.49M | 1.13M | -4.88M | -461K | -8.23M | -9.08M | 19.4M | 2.84M | -3.73M | -2.21M | 2.87M | -2.62M | 903K | -3.56M | 996K | -1.02M |
| Free Cash Flow | -3.84M | -2.79M | -2.35M | -2.72M | -3.23M | -2.73M | -5.1M | -7.98M | -9.98M | -8.93M | -4.04M | 8.01M | -8.15M | -3.32M | -4.34M | -3.28M | -3.66M | -4.54M | 732K | -3.37M |
| FCF Margin % | - | - | - | - | - | - | - | - | - | - | -16144% | - | - | - | - | -82075% | - | -2624.28% | - | - |
| FCF Growth % | -19.08% | -2.53% | 53.94% | 65.89% | 67.66% | 69.49% | -26.36% | -199.65% | -22.42% | -169.02% | 6.98% | 344.05% | -122.61% | 26.85% | -692.76% | 2.7% | -31.58% | -91.08% | 151.51% | 28.77% |
| FCF per Share | -1.19 | -1.87 | -1.65 | -2.99 | -3.99 | -3.81 | -7.48 | -12.90 | -18.14 | -16.48 | -7.94 | 19.03 | -20.06 | -8.45 | -11.21 | -8.73 | -10.18 | -12.05 | 2.10 | -9.90 |
| FCF Conversion (FCF/Net Income) | 0.97x | 0.59x | 0.75x | 0.38x | 0.33x | 0.27x | 0.70x | 0.61x | 0.74x | 0.54x | 0.71x | -1.75x | 0.62x | 0.21x | 0.70x | 0.80x | 0.77x | 0.82x | -0.86x | 0.35x |
| Interest Paid | 0 | 8K | 11K | 423K | 86K | 84K | 83K | 84K | 82K | 0 | 90K | 0 | 155K | 0 | 2K | 2K | 3K | 0 | 0 | 0 |
| Taxes Paid | 0 | -10K | 10K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2K | -2K | 2K | 0 | 0 | 0 |