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Annual · values202520242023202220212020201920182017201620152014
Operating Cash Flow-10.25 M USD-13.63 M USD-3.19 M USD-10.15 M USD-7.62 M USD-11.03 M USD-25.18 M USD-26.32 M USD-19.00 M USD-11.12 M USD-1.48 M USD
Depreciation & Amortization815000 USD900000 USD900000 USD500000 USD600000 USD1.90 M USD3.50 M USD3.21 M USD2.91 M USD687000 USD89064 USD
Stock-Based Compensation2.27 M USD2.74 M USD2.53 M USD2.25 M USD2.20 M USD3.57 M USD4.21 M USD1.20 M USD1.08 M USD1.06 M USD300771 USD
Capital Expenditures425000 USD7.92 M USD5.60 M USD4.77 M USD2.35 M USD3.36 M USD12.80 M USD3.69 M USD8.82 M USD26.51 M USD7.78 M USD
Cash Flow from Investing2.90 M USD-11.64 M USD-9.81 M USD-3.42 M USD-2.23 M USD6.63 M USD-10.57 M USD-3.93 M USD-8.65 M USD-19.06 M USD-25.04 M USD
Cash Flow from Financing14.09 M USD12.82 M USD22.45 M USD12.51 M USD11.45 M USD3.35 M USD22.43 M USD28.35 M USD24.99 M USD35.50 M USD42.12 M USD
Dividends Paid
Stock Buybacks
Free Cash Flow-10.68 M USD-21.55 M USD-8.79 M USD-14.92 M USD-9.96 M USD-14.39 M USD-37.98 M USD-30.01 M USD-27.82 M USD-37.63 M USD-9.26 M USD

Aqua Metals, Inc. is an industrial company specializing in sustainable metals recycling through its patented AquaRefining technology. Unlike traditional smelting processes, AquaRefining uses a room-temperature, water-based electrochemical process that significantly reduces pollution and hazardous chemical exposure. The company applies this technology primarily to lithium-ion battery recycling and battery material refining, producing ultra-pure metals suitable for battery manufacturing and advanced industrial applications. Aqua Metals offers its services through modular Aqualyzers equipment, direct recycling operations, and licensing agreements with recyclers globally. The company's technology enables closed-loop metal recovery with competitive economics while eliminating the high-temperature furnaces and emissions associated with conventional refining. Headquartered in Reno, Nevada, Aqua Metals serves the rapidly expanding energy storage and electric vehicle sectors, positioning itself as a leader in clean metals recycling and critical mineral supply chain development.