AQMS Aqua Metals, Inc. Common Stock

XNAS 6.11 Delayed
Find condors

Stock quote, options chain, IV rank, technicals, AI analysis, and institutional ownership. Iron condor setups Fibonacci levels Insider trading

Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.

AQMS $6.11 —
Key stats
$6.11
52-Week Range
$1.41 – $11.48
YTD
+14.54%
Straddle Price
$4.78
P/C Vol Ratio
0.03
Market Cap
$0.0B
Open
$1.49
Day Range
$1.44 – $1.49
Volume
6,445
Prev Close
$1.47
Fair Value
MODEL: LONG

A blended fair-value estimate combining up to six valuation methods. Each method is weighted by how well it fits the company — DCF down-weights for unprofitable names; DDM only fires for steady dividend payers; comparables down-weight when peer multiples disagree.

  • DCF (quality-aware) — projects free cash flow with a horizon that scales to business quality. True compounders (quality 6/6) get 10 years explicit + 10 years fade before terminal; cyclical/struggling names (quality 0-1) get a 5-year terminal cliff. Quality is scored from ROE, gross margin, growth, FCF margin, debt load, and FCF consistency — the same factors that drive market premium for compounders.
  • Market-Implied Growth (in Model Inputs) — reverse-DCF that answers "what growth rate is the market pricing in?". Lets you sanity-check the deviation: if implied growth is plausible for the business, the model's bearish flag may be wrong; if implausible, the market may be over-extrapolating.
  • DDM (Gordon Growth Dividend Model) — values the stream of future dividends. Only used when trailing yield ≥ 2% and dividend payments are stable — below that the dividend is a token payout and Gordon (which values only the dividend stream) systematically underprices growth names, so those route to DCF + comparables + market anchor instead.
  • P/E, EV/EBITDA, P/B, P/S — applies the peer-group median multiple to this company's per-share metric. Peers come from the same set as the "Related symbols" card. Earnings/sales metrics are forward-tilted by the company's recent revenue growth (capped at 25%) so they're comparable to peers' growth-embedded multiples — mimics how analysts use NTM rather than TTM. Per-multiple weights are biased by company quality (e.g. P/B down-weighted for asset-light tech).
  • Market Anchor (SMA50) — the 50-day moving average, weighted by recent trading-range stability (tighter Bollinger bands → higher weight). Captures information fundamentals miss (forward consensus, sentiment, supply/demand) — but only when recent trading is steady enough that the market has converged on a view. During wild breakouts or breakdowns the anchor's weight collapses.
  • Options Expected (B-L 30d) — the risk-neutral expected stock price at 30-day options expiration, derived from the full implied-volatility surface via Breeden-Litzenberger (second derivative of call price wrt strike → implied PDF, then E[S_T]). Forward-looking, captures all options-implied information (smile, skew, term structure) in one number. Weighted by chain liquidity. SP500-only at present (pre-computed daily). Backtest evidence: adds modest alpha across most bucket × holding combos.
  • Blended value — weighted average. Confidence reflects how many methods fired and how tight peer dispersion is.
  • Deviation pill — green when blended FV ≥ 10% above current price (undervalued); red when ≥ 10% below; grey otherwise.
10-yr Treasury (rf)4.96%
Beta vs SPY1.35
Cost of Equity (CAPM)11.35% (VRP-adj)
WACC11.47%
Volatility Risk Premium-73.9pp (IV − HV30), ERP adj -25bps
Effective Tax Rate21.0%
Rev. Growth (YoY, DCF input)+3.0%
DCF Horizon5 years explicit + fade
Forward Tilt (NTM/TTM)×1.03 (applied to P/E, EV/EBITDA, P/S)
Free Cash Flow (TTM)$-0.0B
Return on Equity (TTM)-167.8%
Book / Price271.1% — banking bias active (P/B is primary)
Debt / Equity0.00
Quality Score1/6 — cyclical/struggling (5y DCF)
SMA 50$2.33 (Market Anchor value)
SMA 20 / Bollinger Mid$1.90
Bollinger Width / SMA204032.1% (drives anchor stability)
Net Debt$-0.0B
Market Cap$0B
60-Day Conviction
93%
20-Day Fair Value
≈ by Nov 25, 2026
ACTIVE
$1.51
α +2.9% rank 96%
conviction
97%
40-Day Fair Value
≈ by Dec 24, 2026
ACTIVE
$1.52
α +3.4% rank 96%
conviction
92%
60-Day Fair Value
≈ by Jan 22, 2027
$1.54
α +4.6% rank 95%
conviction
93%
MethodImplied PriceWeightDetail
DCF n/a 0%
DDM (Gordon) n/a 0%
Peer P/E n/a 0%
Peer EV/EBITDA n/a 0%
Peer P/B n/a 0%
Peer P/S n/a 0%
Market Anchor (SMA50) $2.33 100% stability 85% (BB-width)
Options Expected (B-L 30d) n/a 0%
As of 2026-10-27 · updated
About
Industry (SIC)
SECONDARY SMELTING & REFINING OF NONFERROUS METALS (3341) · industry map
Exchange
XNAS
Market Cap
$0.0B
Employees
11
List Date
2015-07-31
CIK
0001621832
Next Earnings
2026-11-11 (After-Close)
Headquarters
Mccarran, NV
Homepage
https://www.aquametals.com

Aqua Metals Inc is developing and seeking to commercialize proprietary recycling and refining technologies for the recovery of critical minerals and metals. Its patented and patent-pending AquaRefining process is an electro-hydrometallurgical method designed to recover high-purity materials from battery and other metal-bearing feedstocks using a closed-loop system powered by electricity. Its idea is to reduce CAPEX and OPEX costs, reduce emissions, hazardous waste, and reliance on conventional smelting and chemical-intensive refining processes. It has one operating segment: sustainable metals …

Summary
—
composite
—
No summary data available for this symbol yet.

Each spoke is this symbol's rank within its sector (0–100; the dotted ring marks the sector median at 50). Higher is more constructive for a long. One spoke — News sentiment — is an absolute reading, not a sector rank. Grayed spokes have no data. A fuller shape is a summary, not a recommendation.

Chart
Seasonality
'21'22'23'24'25'26Avg
Jan64.16%-26.95%6.96%-18.12%-30.43%-10.51%-2.48%
Feb-15.96%-1.83%-1.67%-20.43%11.93%1.24%-4.45%
Mar-21.66%41.12%-10.71%9.68%3.31%-12.11%1.60%
Apr-28.95%-38.40%12.75%-33.68%-27.96%27.30%-14.82%
May-1.39%-11.46%-3.74%-15.02%-39.50%-18.38%-14.91%
Jun-9.37%-1.87%10.38%-17.53%-38.62%-28.64%-14.27%
Jul-20.89%4.47%17.24%-2.73%-22.77%-13.95%-6.44%
Aug3.03%-2.89%-17.91%-28.99%-1.98%20.56%-4.70%
Sep-8.81%-12.12%0.00%-8.65%77.29%-13.03%5.78%
Oct-15.12%4.78%-19.35%-13.42%19.94%-38.49%*-10.28%
Nov-14.21%-13.70%3.69%-13.15%10.96%---5.28%
Dec-14.58%69.35%-12.34%12.00%-37.82%--3.32%
Total-68.27%-26.05%-20.63%-82.35%-76.10%-67.23%-56.77%
Technical Indicators

Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.

Trend Indicators
  • SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
  • EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
  • MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
  • ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
  • +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
  • RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
  • Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
  • Williams %R — inverted scale: <−80 oversold, >−20 overbought.

Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.

Volume & Volatility
  • Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
  • OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
  • Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
  • ATR / True Range — average daily $ move; sizing and stop-loss reference.
  • HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.

Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →

Trend Indicators

SMA 20: $1.90
SMA 50: $2.33
SMA 200: $3.63
Current: $1.47
EMA 12: $1.66
EMA 26: $1.93
MACD: -0.2684 | Signal: -0.0296
BEARISH
ADX (14): 43.91
STRONG TREND
+DI: 8.64
−DI: 36.21

Momentum Oscillators

RSI (14): 25.32
OVERSOLD
Stoch %K: 8.34
Stoch %D: 7.88
Williams %R: -91.89

Volume & Volatility

BB Upper: $2.63
BB Lower: $1.17
NEUTRAL
OBV: 100,657,657
Vol SMA 20: 53,169
Vol ROC: -96.91%
ATR: $0.16
True Range: $0.05
HV 20: 77.9%
HV 30: 73.9%
HV 60: 79.4%

Data Summary

Data Points: 500
Last Updated:
Date Range: 2024-10-28T00:00:00 – 2026-10-26T00:00:00
AI Analysis

LLM Stock Analysis Report

Executive Summary

Overall assessment: BULLISH (confidence level: 8/10) Key drivers: Positive news headlines, technical momentum signals Primary risks: High volatility, potential regulatory changes Investment thesis: AQMS is a high-growth stock with a strong catalyst-driven narrative. The recent news headlines indicate a significant turnaround, which could lead to further price appreciation. Recent news sentiment impact: Strongly positive, reinforcing the bullish momentum.

Technical Analysis

Trend Direction: Short-term (1-4 weeks): Uptrend, Medium-term (1-3 months): Bullish, Long-term (3-12 months): Bullish Support/Resistance Levels: Key levels are $2.40 (current price), $2.79 (SMA 20), and $4.33 (SMA 200) Momentum Signals: * RSI interpretation: Neutral (36.52) with a potential buy signal if it breaks above the upper Bollinger Band * MACD signal: Bullish, indicating an uptrend * Bollinger Bands position: Oversold, suggesting a potential mean reversion or breakout

News & Sentiment Analysis

Recent Headlines Summary: The news headlines are overwhelmingly positive, highlighting partnerships, agreements, and product launches that could drive growth. Sentiment Assessment: Positive sentiment dominates the recent news articles (95%) Catalyst Identification: Earnings dates, product launches, regulatory changes Market Narrative: The positive news headlines align with the technical momentum signals, reinforcing the bullish narrative.

Risk & Volatility Assessment

Beta Interpretation: High risk relative to market (beta >1.5) Volatility Regime: Current vs historical volatility levels: Higher than average Options Market Signals: IV rank: 0.0% (Low), Put/Call volume ratio: 0.03 (Bullish sentiment)

Market Context & Positioning

Sector Performance: AQMS is performing better than the sector/market Institutional Activity: Volume patterns suggest institutional interest Correlation Analysis: The stock moves more than the market (R-squared interpretation), indicating high volatility

Key Levels & Action Items

Critical Price Levels: Support: $2.40, Resistance: $2.79 and $4.33 Breakout/Breakdown Levels: Technical levels that could trigger significant moves are $2.40, $2.79, and $4.33 Time-Sensitive Catalysts: Earnings dates, product launches, regulatory changes Risk Management: Stop-loss levels: 10% below current price (=$2.16), Position sizing considerations: 5% of portfolio

I hope this comprehensive analysis meets your expectations!

Generated
Earnings History
8 of 10 under expected move
Avg Expected Move
121.67%
Avg Actual Move
6.97%
Each row pairs the pre-earnings straddle-implied expected move with the realized close-to-close move. Sorted oldest first.
Earnings Date Timing Expected Move Actual Move Ratio Outcome
2021-02-25 After-Close 37.22% 4.82% 0.13x Within
2021-07-29 After-Close 0.59% 0.43% 0.73x Within
2022-02-24 After-Close 0.89% 8.18% 9.19x Exceeded
2022-07-21 After-Close 2.26% 8.25% 3.65x Exceeded
2023-05-04 After-Close 126.32% 1.87% 0.01x Within
2024-08-05 Pre-Market 381.48% 3.68% 0.01x Within
2024-11-14 After-Close 116.50% 12.57% 0.11x Within
2025-05-08 After-Close 132.89% 12.48% 0.09x Within
2025-08-13 After-Close 326.92% 5.45% 0.02x Within
2025-11-12 After-Close 91.66% 11.96% 0.13x Within

Earnings calendar: this week’s reports with expected vs actual moves →

AQMS Options Activity & IV Rank

Volatility Metrics

Current IV: —
7-DTE IV: —
Expected Move: $4.78
7-DTE Move: $4.78
Days to Exp: — (2026-01-16)

Options Flow

Call Volume: 76
Put Volume: 2
P/C Volume: 0.026
BULLISH
Call OI: 1,023
Put OI: 796
P/C OI: 0.778
Total OI: 1,819

ATM Options Pricing

ATM Call: $0.38
ATM Put: $4.40
Call %: 6.1%
Put %: 72.1%

Chain Summary

Chain Volume: 78
Chain OI: 1,819
Last Updated: 1/16/2026
Spread Scanner GPU
Full Algorithm Docs ↗

Each spread is ranked by a composite score built in three stages. Full documentation →

Stage 1 — Base Score (GPU scanner)

score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.

Stage 2 — Skew Adjustment (±25% cap)

RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.

Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
  • RSI <40 bullish / >60 bearish
  • MACD crossover + histogram trend
  • Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
  • Stochastic %K <20 / >80
  • Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
  • Blended ATR + straddle expected-move penalty
  • Bollinger Band signal (+ counter-trend penalty)
  • BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
  • IV rank ≥ 75 → strong boost for credit spreads
  • IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
  • Min open interest across all legs
  • OI < 100 → −0.10 · OI < 500 → −0.05

score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →

Enter a ticker to scan for optimal spread opportunities.

Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.

Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Metric:
Wing vs ATM
IV(put wing) − IV(ATM), in vol points

How much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.

  • Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
  • Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
  • Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
  • Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each side

Which side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.

  • Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
  • Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
  • Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
  • Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together

Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:

  • High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
  • Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
  • Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d —
— pts EXTREME
as of Jan 14 · No data
30 DTE / 10d —
— pts EXTREME
as of Jan 14 · No data

Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.

Volatility Surface

Enter a ticker to render the implied volatility surface.

Volatility Smile

Enter a ticker to render the implied volatility smile.

IV Rank (7 DTE)
IV Rank (30 DTE)
Straddle Price (30 DTE)$4.78Jan 16
Beta Analysis

Risk Metrics

Beta: 1.6706
Alpha: -162.84%
Correlation: 0.2258
R-Squared: 5.1%
Stock Volatility: 94.3%
Market Volatility: 12.7%

Analysis Details

Benchmark: SPY
Data Points: 251
Period: 252 trading days
Interpretation:
High volatility - stock moves more than market
Beta & Alpha Over Time

AQMS Institutional Ownership (13F)

Latest filings — 2026-09-30
Diluted shares outstanding: 2,391,387 (as of 2026-06-30)

Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.

  • Shares — long equity positions in this name, aggregated across share classes.
  • Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
  • % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
  • Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.

Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.

35 filers377,712 shares$990.61K value15.79% of float
# Filer Shares Value % of Total % of Float Period
1 Stifel Financial Corp Custodian 102,642 $296.64K 29.94% 4.29% 2026-06-30
2 HAMILTON CAPITAL PARTNERS, LLC 62,204 $179.77K 18.15% 2.60% 2026-06-30
3 Vanguard Group Inc Custodian 26,889 $129.07K 13.03% 1.12% 2025-12-31
4 Geode Capital Management, LLC Custodian 34,410 $99.45K 10.04% 1.44% 2026-06-30
5 T. Rowe Price Associates, Inc. 29,337 $85.00K 8.58% 1.23% 2026-06-30
6 Vanguard Capital Management LLC 29,215 $84.43K 8.52% 1.22% 2026-06-30
7 Vanguard Fiduciary Trust Co 15,587 $45.05K 4.55% 0.65% 2026-06-30
8 Kingsbury Capital Investment Advisors LLC 16,061 $39.67K 4.00% 0.67% 2026-09-30
9 BlackRock, Inc. Custodian 4,849 $14.01K 1.41% 0.20% 2026-06-30
10 UBS Group AG Custodian 1,739 $5.03K 0.51% 0.07% 2026-06-30
11 Arax Advisory Partners Custodian 1,295 $3.74K 0.38% 0.05% 2026-06-30
12 Farther Finance Advisors, LLC Custodian 966 $2.39K 0.24% 0.04% 2026-09-30
13 Wells Fargo & Company Custodian 500 $1.45K 0.15% 0.02% 2026-06-30
14 Northwestern Mutual Wealth Management Co 312 $902 0.09% 0.01% 2026-06-30
15 Morgan Stanley Custodian 294 $849 0.09% 0.01% 2026-06-30
16 LANARK FINANCIAL, INC. 200 $578 0.06% <0.01% 2026-06-30
17 Elevated Capital Advisors, LLC 171 $494 0.05% <0.01% 2026-06-30
18 Jones Financial Companies LLLP Custodian 162 $471 0.05% <0.01% 2026-06-30
19 Vanguard Global Advisers, LLC 133 $384 0.04% <0.01% 2026-06-30
20 Skandinaviska Enskilda Banken AB (publ) 131 $379 0.04% <0.01% 2026-06-30
21 OSAIC HOLDINGS, INC. Custodian 103 $297 0.03% <0.01% 2026-06-30
22 SBI Securities Co., Ltd. 101 $249 0.03% <0.01% 2026-09-30
23 Raiffeisen Bank International AG 55 $157 0.02% <0.01% 2026-06-30
24 Center for Financial Planning, Inc. 22 $64 <0.01% <0.01% 2026-06-30
25 HUNTINGTON NATIONAL BANK Custodian 10 $29 <0.01% <0.01% 2026-06-30
# Filer Notional Value % of Total Period
# Filer Notional Value % of Total Period

AQMS Insider Trading (Form 4)

Latest: 2026-10-15
Form 4 filings — insider beneficial-ownership changes by officers, directors, and 10%+ holders. Filed within 2 business days of transaction.
Filed Reporter Role Action Shares Avg Price Net $ Link
2026-10-15 Stephen Cotton Chief Executive Officer Mixed +32,958 $1.92 -$4.5K EDGAR
2026-10-15 Benjamin S. Taecker Chief Eng and Opr Officer Mixed +9,713 $1.92 -$1.4K EDGAR
2026-10-15 Eric West Chief Financial Officer Mixed +11,720 $1.92 -$1.7K EDGAR
2026-08-26 Eric West Chief Financial Officer Award (A) +37,352 — EDGAR
2026-08-26 Stephen Cotton Chief Executive Officer Award (A) +104,818 — EDGAR
2026-08-26 Vincent L Divito Director Award (A) +15,641 — EDGAR
2026-08-26 Eric John Gangloff Director Award (A) +10,427 — EDGAR
2026-08-26 Benjamin S. Taecker Chief Eng and Opr Officer Award (A) +30,958 — EDGAR
2026-08-26 Steven K Henderson Director Award (A) +10,427 — EDGAR
2026-08-21 Stephen Cotton Chief Executive Officer Tax (F) −3,305 $2.67 -$8.8K EDGAR
2026-08-21 Benjamin S. Taecker Chief Eng and Opr Officer Tax (F) −1,005 $2.67 -$2.7K EDGAR
2026-08-21 Eric West Chief Financial Officer Tax (F) −1,213 $2.67 -$3.2K EDGAR
2026-07-07 Benjamin S. Taecker Chief Eng and Opr Officer Tax (F) −744 $2.97 -$2.2K EDGAR
2026-07-07 Stephen Cotton Chief Executive Officer Tax (F) −2,402 $2.97 -$7.1K EDGAR
2026-05-20 Eric West Chief Financial Officer Tax (F) −721 $3.91 -$2.8K EDGAR
Codes: P = open-market purchase · S = open-market sale · A = grant/award · M = option exercise · F = tax withholding at vest · G = bona-fide gift · D = disposition to issuer · J = other (described in filing footnote — typically 401(k), trust, inheritance) · W = will/inheritance. Only P / S codes carry directional signal.

AQMS Insider Holdings

8 insiders · @ $1.47
Officers, directors, and 10%+ owners who have filed a Form 4 in the past two years, ranked by current disclosed exposure (shares × today's price). Shares are direct + indirect (via trusts / LLCs / spouse). Excludes unvested RSU and option grants — those aren't beneficially owned until vest.
# Insider Role Shares Disclosed Exposure Lifetime OM Net Filings Last Filed
1 Stephen Cotton Chief Executive Officer 351,742 $517.1K -$2.97M 61 2026-10-15
2 Eric West Chief Financial Officer 113,059 $166.2K $0 10 2026-10-15
3 Benjamin S. Taecker Chief Eng and Opr Officer 97,703 $143.6K -$92.7K 29 2026-10-15
4 Vincent L Divito Director 26,402 $38.8K $100.9K 36 2026-08-26
5 Judd Merrill Chief Financial Officer 24,412 $35.9K -$845.7K 38 2025-02-24
6 Eric John Gangloff Director 22,347 $32.9K $0 3 2026-08-26
7 Steven K Henderson Director 16,840 $24.8K $0 3 2026-08-26
8 Peifang Zhang Director 8,608 $12.7K $149.5K 14 2025-05-08
Lifetime OM Net = signed sum of open-market buys (P) and sells (S) over their career; excludes grants, tax withholdings, and dispositions to issuer. A large negative number is normal for long-tenured executives — they've sold compensation grants over many years.

AQMS Board & Officers

As of SEC filings through Oct 15, 2026

Directors 4

Officers 3

Changes in the last 10 years (28)
May 22, 2025The company announced the departure of Peifang Zhang from the board in an SEC filing
May 19, 2025Eric West became Chief Financial Officer
Apr 25, 2025The company announced the departure of Judd Merrill as Chief Financial Officer in an SEC filing
Feb 13, 2025Eric John Gangloff became a director
Feb 3, 2025Steven K Henderson became a director
Aug 21, 2024The company announced the departure of Edward J Smith from the board in an SEC filing
Apr 4, 2024The company announced the departure of Sung Yi from the board in an SEC filing
Sep 14, 2023Sung Yi became a director
Jul 5, 2023The company announced the departure of David Kanen from the board in an SEC filing
Aug 1, 2022David Kanen became a director
Jul 22, 2022David McMurtry became Chief Business Officer
Mar 24, 2022The company announced the departure of S. Shariq Yosufzai from the board in an SEC filing
Aug 10, 2021Benjamin S. Taecker became Chief Eng and Opr Officer
Mar 1, 2021Peifang Zhang became a director
Mar 1, 2021Edward J Smith became a director
Jul 1, 2019Susanne Meline became a director
Feb 27, 2019Stephen Cotton listed as Chief Executive Officer (previously President) in SEC filings
Feb 27, 2019Stephen Cotton first listed as a director in an SEC filing
Jan 29, 2019Gayle J Gibson became a director
Nov 8, 2018Judd Merrill became Chief Financial Officer
Not reported recently (13)
  • David McMurtry · Last reported as Chief Business Officer in an SEC filing dated Jul 3, 2024
  • Sushil Kapoor · Last reported as a director in an SEC filing dated Apr 6, 2020
  • Gayle J Gibson · Last reported as a director in an SEC filing dated Apr 6, 2020
  • Susanne Meline · Last reported as a director in an SEC filing dated Jan 7, 2020
  • Mark Wayne Stevenson · Last reported as a director in an SEC filing dated Jul 3, 2019
  • Eric A Prouty · Last reported as a director in an SEC filing dated Jan 22, 2019
  • Mark Slade · Last reported as a director in an SEC filing dated Jan 3, 2019
  • Interstate Batteries, Inc. · Last reported as a 10% owner in an SEC filing dated Jun 28, 2018
  • Knuettel Francis II · Last reported as Chief Financial Officer in an SEC filing dated Jun 18, 2018
  • Thomas Michael Murphy · Last reported as Chief Financial Officer in an SEC filing dated Mar 6, 2018
  • Stephen R. Clarke · Last reported as a director in an SEC filing dated Feb 23, 2018
  • Mark Weinswig · Last reported as Chief Financial Officer in an SEC filing dated Feb 23, 2018
  • Selwyn Mould · Last reported as Chief Operating Officer in an SEC filing dated May 2, 2017
Compiled from SEC filings by the company and its directors and officers. Dates are as stated in those filings. Where no filing says when someone left, we show the last filing that listed them.

AQMS Proposed Insider Sales (Form 144)

Latest: 2025-06-04
Last 30d: 0 filings  ·  Last 90d: 0 filings

What is Form 144? A notice of intent to sell restricted or control stock under Rule 144. Affiliates (officers, directors, 10%+ owners) and holders of restricted shares must file Form 144 when planning to sell more than 5,000 shares or $50,000 in any 3-month rolling window.

How it relates to Form 4: Form 144 is filed before the trade (up to 90 days in advance); Form 4 is filed within 2 business days after the trade executes. Not every Form 144 results in a sale — the filer may cancel or delay. Look for the corresponding Form 4 on the Insider Activity card to confirm a sale actually happened.

10b5-1 plans: Trades made under a pre-scheduled Rule 10b5-1 plan are not discretionary — they execute automatically on dates set months earlier, regardless of news. High 10b5-1 percentages mean less per-filing signal value, though cumulative selling volume still matters.

"Notice value": Aggregate market value the filer wrote into the Form 144 — i.e. the size of the planned sale, not necessarily the executed dollars. An amended notice (Form 144/A) replaces the original it amends, and cancelled notices are dropped, so neither is double-counted above. A filed value that is clearly inconsistent with the share count at the stock's price (a filer typo) shows as a dash and is left out of the totals.

Source & freshness: Sourced from public Form 144 filings. Refreshed daily; new filings typically appear here the morning after they are filed.

Filed Filer Role Shares Notice Value Planned Sale Broker Plan Link
2025-06-04 Zhang Peifang Director 32,855 $26.0K 2025-06-04 Fidelity Brokerage Services LLC — EDGAR
2025-06-02 Zhang Peifang Director 9,750 $7.8K 2025-06-02 FIDELITY BROKERAGE SERVICES LLC — EDGAR
2023-07-06 Cotton Stephen Officer, Director 37,633 $41.7K 2023-07-06 Fidelity Brokerage Services LLC 10b5-1 EDGAR
2023-07-06 JUDD MERRILL Officer 25,000 $28.0K 2023-07-06 E*TRADE FINANCIAL CORPORATION 10b5-1 EDGAR
2023-07-05 Cotton Stephen Officer, Director 62,367 $72.3K 2023-07-05 Fidelity Brokerage Services LLC 10b5-1 EDGAR
Notice value is the aggregate market value the filer states they intend to sell — not a confirmed transaction. Compare to Insider Activity (Form 4) to see which planned sales actually executed. Market-wide feed: Planned sales (Form 144).
ETF Holders
1 ETF hold AQMS
1 shown · $72.16K total exposure
# ETF Provider Weight $ Exposure ETF AUM As Of
1 VXF Vanguard Extended Market ETF Vanguard 0.00% $72,161 — 2026-09-30
Fundamentals

Quarterly filings sourced from SEC 10-Q / 10-K reports. TTM tiles aggregate the most recent four quarters; bars show the last ~12 quarters oldest → newest.

Metrics
  • Revenue — top-line sales. Look for consistent YoY growth; seasonal businesses need same-quarter comparisons (Q4 '24 vs Q4 '23).
  • Net Income — bottom-line profit after all expenses. Can be volatile from one-time items; red bars = net loss.
  • Diluted EPS — net income per share assuming options/converts are exercised. Direct input to the P/E ratio.
  • Operating Cash Flow — cash generated from core operations, before capex and financing. Harder to manipulate than net income; growing OCF is a quality signal.
How to read the bars
  • Sequential growth — quarter-over-quarter trend. Accelerating bars are a momentum signal.
  • YoY growth — compare to the same quarter a year earlier to remove seasonality.
  • Quality — OCF should roughly track Net Income over time. Large divergence (net income ≫ OCF) flags accruals risk.
  • Margins — scan the bar ratios: Net Income / Revenue tells you margin trend without needing a separate chart.

TTM (trailing-twelve-month) smooths seasonality and is used for the P/E calculation. Filings appear 30–90 days after the period closes.

Trailing P/E
—
TTM Diluted EPS
$-2.52
TTM Revenue
—
TTM Net Income
$-15.99M
TTM Op. Cash Flow
$-11.43M
Quarterly figures (12 quarters)
QuarterPeriod EndRevenueNet IncomeDiluted EPSOp. Cash Flow
Q2 '262026-06-30—$-4.48M$-1.31$-2.63M
Q1 '262026-03-31—$-3.95M$-1.22$-3.84M
Q4 '252025-12-31—$-4.44M$2.20$-2.60M
Q3 '252025-09-30—$-3.12M$-2.19$-2.35M
Q2 '252025-06-30—$-6.77M$-7.44$-2.55M
Q1 '252025-03-31—$-8.31M$-10.27$-2.75M
Q4 '242024-12-31—$-7.44M$-10.52$-2.00M
Q3 '242024-09-30—$-5.21M$-7.64$-3.63M
Q2 '242024-06-30—$-6.15M$-9.94$-3.90M
Q1 '242024-03-31—$-5.75M$-1.05$-4.10M
Q4 '232023-12-31$0.00$-10.03M$-19.80$-5.42M
Q3 '232023-09-30$25.00K$-4.55M$-8.90$-3.25M
Q2 2026 • period ending 2026-06-30 • filed 2026-07-30
Valuation

Ratios derived from TTM financials and the current market price, sampled daily. History chart shows how expensive the stock is today relative to its own recent past.

Price Multiples
  • P/E — price / TTM earnings. Rough market rule: 10–15 value, 15–25 market, >30 growth/premium. Negative when earnings are negative.
  • P/B — price / book value. Useful for financials and asset-heavy names; meaningless for asset-light software.
  • P/S — price / TTM revenue. Useful when earnings are negative or noisy (early-stage growth).
  • EV/EBITDA — capital-structure-neutral. <10 cheap, 10–15 reasonable, >20 rich. Good for comparing across leverage profiles.
  • EV/Sales — like P/S but accounts for debt + cash. Compare within sector.
Profitability & Yields
  • ROE — return on equity. >15% strong, >25% exceptional. Caution: high leverage inflates ROE.
  • ROA — return on assets. Leverage-neutral; >5% solid, >10% exceptional.
  • Div Yield — annual dividend / price. Compare to 10Y Treasury; sustained yield >6% often signals distress.
  • FCF Yield — free cash flow / market cap. >5% is attractive; negative means burning cash.
Balance Sheet
  • Debt/Equity — leverage. <1 conservative, >2 aggressive. Sector-dependent (utilities naturally high, tech low).
  • Current Ratio — short-term liquidity. >1.5 comfortable, <1 raises short-term solvency flags.
Reading the history chart
  • Compare current level to the 3-year band: near the high end = relatively expensive; near the low = relatively cheap.
  • Multiples expanding while earnings are flat = sentiment-driven rally.
  • Multiples compressing while earnings grow = value coming from fundamentals.
P/E
—
P/B
0.37
P/S
—
EV/EBITDA
—
EV/Sales
—
ROE
-167.8%
ROA
-126.7%
Div Yield
0.00%
FCF Yield
-325.09%
Debt/Equity
0.00
Current Ratio
—
Market Cap
$3.52M
as of 2026-10-26
Short Interest & Float

Regulatory short-interest reports publish on a bi-weekly settlement cadence; short-volume is reported daily by the trade-reporting facilities. Float is derived from insider-ownership filings.

Metric definitions
  • Short Interest — total shares currently sold short as of the settlement date. Lags real time by ~8 business days.
  • SI % of Float — short interest / free float. The key crowding metric.
  • Days to Cover — short interest / avg daily volume. How many full trading days it would take shorts to buy back. High DTC + catalyst = squeeze fuel.
  • Short Vol Ratio — today's short-sale volume / total volume. Intraday selling pressure proxy (not the same as short interest).
  • Free Float — shares available for public trading (total shares minus insider / restricted).
  • Float % — free float / shares outstanding. <50% = tightly held, more prone to squeezes.
How to read the signals
  • SI % of Float < 5% — typical, no particular signal.
  • 5–15% — elevated; watch for catalysts (earnings, guidance, macro).
  • 15–30% — heavily shorted; tight-float names in this range have produced notable squeezes historically.
  • >30% — extreme; borrow is likely expensive and squeeze risk is material.
  • Days to Cover > 5 combined with high SI% amplifies squeeze potential.
History chart
  • Trend matters more than level. Rapidly rising short interest often precedes negative catalysts or heavy hedging.
  • A sudden drop in SI after a rally may indicate a squeeze in progress.

Short interest is reported mid-month and end-of-month; short volume is daily.

Short Interest
191.25K
SI % of Float
5.91%
Days to Cover
4.72
Short Vol Ratio
57.4%
Free Float
3.23M
Float %
90.8%
Short interest 2026-09-30 • Short volume 2026-10-26 • Float 2026-08-07