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AQUABOUNTY TECHNOLOGIES INC

For the period ended Dec 31, 2023. Filed Apr 1, 2024.

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About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2023 · Filed Apr 1, 2024

AQB$0.93-2.8%Stored close · as of Nov 10, 2026

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Consolidated Statements of Operations and Comprehensive Loss

Years ended ‎December 31,
20232022
Revenues
Product revenues$2,472,659$3,136,954
Costs and expenses
Product costs15,281,63513,630,911
Sales and marketing795,9311,138,781
Research and development703,823903,981
General and administrative13,007,8699,786,819
Total costs and expenses29,789,25825,460,492
Operating loss(27,316,599)(22,323,538)
Other (expense) income
Interest expense(303,967)(291,177)
Other income, net62,665457,520
Total other (expense) income(241,302)166,343
Net loss$(27,557,901)$(22,157,195)
Other comprehensive income (loss):
Foreign currency gain (loss)111,311(301,288)
Unrealized gains on marketable securities—40,101
Total other comprehensive income (loss)111,311(261,187)
Comprehensive loss$(27,446,590)$(22,418,382)
Basic and diluted net loss per share$(7.17)$(5.78)
Weighted average number of common shares -
basic and diluted3,844,2393,832,557

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.