AQBAquaBounty Technologies, Inc.
Is AquaBounty Technologies struggling financially?
Yes, by its own account. AquaBounty Technologies told the SEC on 7 May 2026, in Form 10-Q, that there is substantial doubt about its ability to continue as a going concern.
Going concern disclosed May 2026
15/100
Critical
- Sector
- Energy/Materials
- Market cap
- $6.7M
- Source filing
- 10-Q 7 May 2026
- Balance sheet
- 30 Jun 2026
Cash runway
-
1month
If the burn speeds up
Empty by Jul 2026
-
2months
If it eases off
Empty by Aug 2026
Both rows are the same reported burn flexed 15% either way, and neither assumes the company raises a cent.
Out of cashTwo years or more
The runway math
Cash and short-term investments
$1.9M
÷
Cash burned over the last 12 months
$14.7M
What AquaBounty Technologies told the SEC
…basis, or on terms acceptable to the Company, or at all. Limited operating assets, dependency on capital raising activities and cumulative net losses raises substantial doubt about the Company’s ability to continue as a going concern within one year after the date that the accompanying condensed consolidated financial statements are issued. The accompanying condensed consolidated financial statements have been…
AquaBounty Technologies, Inc., Form 10-Q, filed 7 May 2026.
Read the filing on SEC.govWhat this means
- Not a bankruptcy filing, and not a prediction.
- It is the company’s own statement, agreed with its auditor, that the doubt is material enough to disclose.
- The runway is arithmetic on two reported numbers, not a forecast. Companies carry this language for years, raise money and keep going.
What else the numbers show
- 25.5% share-count increase The company issued stock. Each share now owns 20.3% less of the business than a year ago, before any change in the price.
- Cash burn is narrowing It is spending 57% less cash per year than it was, so the runway above is lengthening rather than shortening.
Other Energy/Materials companies that filed the doubt
- SOC Sable Offshore $978.5M
- SDST Stardust Power $8.7M
- COPR Idaho Copper $49.3M
- RKDA Arcadia Biosciences $1.1M
- AQMS Aqua Metals $10.0M
- AGIG Abundia Global Impact Group $42.4M