Welcome to our dedicated page for Aquabounty Technologies news (Ticker: AQB), a resource for investors and traders seeking the latest updates and insights on Aquabounty Technologies stock.
AquaBounty Technologies Inc (AQB) operates at the intersection of biotechnology and aquaculture, developing genetically modified Atlantic salmon for commercial food production. The company's news coverage reflects developments in an emerging sector where genetic engineering meets traditional agriculture, regulatory decisions shape market access, and operational execution determines commercial viability.
News related to AquaBounty typically encompasses quarterly financial results detailing production volumes and operational expenses, regulatory developments affecting genetically modified organism approvals across different jurisdictions, and operational updates regarding facility expansions or production system modifications. The company's position as a pioneer in commercializing genetically modified fish means that material events often carry implications beyond traditional aquaculture industry news, touching on broader biotechnology regulatory trends and consumer acceptance of genetic modification in food systems.
Investors and industry observers following AquaBounty's news feed encounter updates on production capacity utilization at the company's land-based recirculating aquaculture facilities, capital allocation decisions regarding infrastructure investments, and market development activities as the company establishes distribution channels for its genetically modified salmon products. Corporate governance announcements, stock listing compliance matters, and financing activities also feature prominently given the capital requirements inherent in scaling biotechnology-based food production operations.
This news resource provides comprehensive coverage of AquaBounty's corporate developments, filtering the material events that shape the company's trajectory in the specialized biotechnology aquaculture sector. Whether tracking operational milestones, regulatory decisions, or financial performance, this page aggregates the announcements and material disclosures that inform understanding of AquaBounty's business evolution.
AquaBounty (NASDAQ: AQB) reported results for the third quarter and nine months ended September 30, 2025. Net loss for Q3 2025 was $1.4 million versus a $3.4 million loss in Q3 2024, which included a $69,000 non-cash impairment related to Ohio equipment. Cash and cash equivalents were $951,000 as of September 30, 2025, up from $230,000 at December 31, 2024.
Regulatory progress: AquaBounty Farms Ohio received a wastewater discharge permit from the Ohio EPA on September 12, 2025, and the Village of Pioneer obtained a right-of-way permit for water lines on October 9, 2025, leaving the Ohio farm project described as fully permitted for its designed RAS activities. Management said it will work with its investment banker on strategic alternatives for the Ohio farm project.
AquaBounty Technologies (NASDAQ: AQB), a land-based aquaculture company, reported its Q2 2025 financial results. The company posted a net loss of $3.4 million, significantly improved from a $50.5 million loss in Q2 2024. The quarter included a $1.2 million non-cash asset impairment charge related to Ohio Equipment Assets.
The company completed the sale of Ohio Equipment Assets for $2.4 million in net proceeds on June 11, 2025. Cash and cash equivalents stood at $730 thousand as of June 30, 2025, up from $230 thousand at the end of 2024. Management continues to work with investment bankers to pursue strategic alternatives for their Ohio Farm Project.
AquaBounty Technologies (NASDAQ: AQB) reported its Q1 2025 financial results, marking a significant turnaround with a net income of $401,000 compared to a net loss of $11.3 million in Q1 2024. The positive results included a $2.0 million non-cash gain from loan forgiveness. The company completed two major asset sales: Ohio Equipment Assets for $2.3 million (generating a $307,000 gain) and its Canadian subsidiary, including broodstock farms and intellectual property, for $1.9 million. Cash position improved to $1.4 million as of March 31, 2025, up from $230,000 at the end of 2024. Management continues to explore strategic alternatives for its partially constructed Ohio Farm Project.
AquaBounty Technologies (NASDAQ: AQB) reported challenging financial results for FY2024, with product revenue declining 68% to $789,000 from $2.5 million in 2023. The company's net loss significantly widened to $149.2 million from $27.6 million in 2023, largely due to $129.8 million in asset impairment charges.
Key developments include the sale of the Indiana grow-out farm in July 2024, closure of Canadian farm operations in December, and suspension of Ohio Farm Site construction. Cash position deteriorated to $230,000 by end of 2024, compared to $9.2 million in 2023.
In early 2025, the company generated additional liquidity through two transactions: $2.2 million from Ohio Equipment Assets auction and $1.9 million from the sale of Canadian Farms and Corporate IP, including AquAdvantage salmon intellectual property. Management continues to explore strategic alternatives for the Ohio Farm Project.
AquaBounty Technologies (NASDAQ: AQB) announced plans to cease its fish farming operations, starting with the immediate wind-down of its Bay Fortune facility, its only remaining operating farm. The decision includes culling all remaining fish and reducing substantially all personnel over the next several weeks due to insufficient liquidity.
The company has been attempting to raise capital through various means, including selling farms and equipment, but these efforts haven't generated enough cash to maintain operations. Several key executives have departed, including CEO Dave Melbourne's voluntary resignation effective December 6, 2024, and the elimination of positions for COO Alejandro Rojas and CPO Melissa Daley.
The company will continue working with its investment banker to evaluate alternatives for its Ohio farm project and market remaining assets.
AquaBounty Technologies (NASDAQ: AQB) reported its Q3 2024 financial results, showing a reduced net loss of $3.4 million compared to $6.1 million in Q3 2023. Cash position decreased to $500 thousand from $9.2 million at year-end 2023. The company completed the sale of its Indiana farm for $9.2 million net in July 2024, using proceeds to pay off a bridge loan. Management announced plans to sell the Rollo Bay farm in Canada and is working with investment banking partners to extend cash runway while implementing cost reduction measures.
AquaBounty Technologies (NASDAQ: AQB) has announced an update on its fundraising efforts. The company has decided to sell its Rollo Bay farm operation in Prince Edward Island, Canada, to strengthen its balance sheet and increase cash position. The sale is expected to be completed before the end of 2024.
CEO David Melbourne stated that the company is focused on securing funding for both near and long-term needs to return to pursuing its growth strategy. The Rollo Bay farm, purchased in 2016, was developed for broodstock and egg production to support an expansion plan for five large land-based grow-out farms. However, AquaBounty will retain sufficient egg production capacity for its Ohio farm from its Bay Fortune hatchery.
The company is continuing to pursue additional funding and strategic alternatives to secure cash requirements in the coming months.
AquaBounty Technologies (NASDAQ: AQB) reported its Q2 2024 financial results, highlighting significant challenges. The company's net loss increased to $50.5 million, compared to $6.5 million in Q2 2023, primarily due to a $44.5 million non-cash impairment charge on farm assets. Cash reserves decreased to $0.7 million as of June 30, 2024. AquaBounty completed the sale of its Indiana farm for $9.2 million on July 26, 2024. The company is focusing on extending its cash runway and reducing operating expenses. Despite challenges, AquaBounty secured egg sales from its PEI operations and continues to make progress in R&D initiatives. New CEO David F. Melbourne Jr. emphasized commitment to stabilizing the business and driving long-term value creation.
AquaBounty Technologies announced David F. Melbourne Jr.'s promotion to President and CEO, effective immediately. Sylvia Wulf will continue as the non-executive Board Chair. This transition is part of a long-term succession plan that began with Melbourne's promotion to President in August 2023. Melbourne has played a key role in managing daily operations and overseeing the shutdown of the Indiana farm. As CEO, his focus will be on securing financing, maintaining liquidity, and pursuing strategic initiatives for growth. AquaBounty has made significant progress in vertical integration, operational expertise, breeding, and market expansion into the U.S. and Canada. Melbourne aims to stabilize the business and drive long-term growth.
AquaBounty Technologies (NASDAQ: AQB) reported a first-quarter net loss of $11.2 million for 2024, a significant increase from the $6.5 million loss in the same period in 2023. This loss included a $4.3 million non-cash impairment charge related to the Indiana farm and a $1.0 million inventory value reduction. Cash reserves dropped to $3.6 million from $9.2 million at the end of 2023.
On April 18, 2024, AquaBounty secured a $10.0 million bridge loan, receiving $5.0 million to date. The decision to sell the Indiana farm was cited as a strategy to improve cash flow and reduce expenses. The sale led to accelerated harvesting, impacting revenue. PEI farm saw revenue grow to $82,000, with increased egg incubation leading to a large order from a major salmon producer. The company is exploring funding and strategic options to stabilize its financial condition.
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