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American Battery Technology Company 10-Q Filings

ABAT NASDAQ

Every 10-Q that American Battery Technology Company (ABAT) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 10-Q covers the quarterly report filed between annual reports, so if you follow ABAT and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full ABAT filings page.

Rhea-AI Summary

American Battery Technology Company reported strong revenue growth but continued heavy losses for the quarter ended March 31, 2026. Quarterly revenue rose to $7.8 million from $1.0 million a year earlier, driven by ramp-up of its lithium-ion battery recycling operations. However, a spike in operating expenses, including $27.6 million of stock-based compensation in the quarter, led to a net loss of $33.8 million and a nine-month loss of $53.4 million.

Cash and cash equivalents increased to $37.7 million from $7.5 million as of June 30, 2025, mainly from equity financings, including $45.5 million raised through an At-The-Market offering and $10.0 million from warrant exercises. Notes payable were fully eliminated by March 31, 2026, while stockholders’ equity rose to $112.8 million as shares outstanding expanded to 132.3 million.

The company continues to rely on U.S. government support and tax incentives. It has active DOE grants for battery recycling, a terminated but appealed DOE grant for a lithium hydroxide refinery, and up to $60.0 million of potential federal tax credits under the 48C program. Management believes current cash and expected product revenue are sufficient to fund operations for at least 12 months from issuance of these statements.

Rhea-AI Summary

American Battery Technology Company reported strong early growth from its battery recycling operations for the three and six months ended December 31, 2025. Revenue reached $4.8 million for the quarter and $5.7 million year‑to‑date, up sharply from $0.3 million and $0.5 million a year earlier as the Nevada facility scaled production.

The company remains unprofitable but losses narrowed. Quarterly net loss improved to $9.3 million from $13.4 million, and the six‑month net loss improved to $19.6 million from $25.1 million, while operating cash outflow was $16.9 million over six months. Dilution was significant as weighted average shares rose to about 120.8 million.

The balance sheet strengthened materially. Cash and cash equivalents increased to $47.9 million from $7.5 million at June 30, 2025, helped by $45.5 million raised through at‑the‑market equity sales and roughly $10.0 million from warrant exercises. Debt was fully repaid, leaving no notes payable outstanding and total liabilities of only $4.4 million against stockholders’ equity of $119.0 million.

Government support remains important. Ongoing U.S. Department of Energy grants for recycling and R&D have provided several million dollars of reimbursements, and the company has been awarded federal tax credits of up to $60.0 million for recycling projects. However, a separate DOE grant for a lithium hydroxide refinery, which could have reimbursed up to $57.7 million, was terminated effective August 31, 2025; the company has appealed that decision. Management believes existing cash and expected product revenue can fund operations for at least 12 months.

Rhea-AI Summary

American Battery Technology Company (ABAT) reported Q1 FY2026 results. Revenue was $0.94 million versus $0.20 million a year ago, reflecting early-stage recycling sales. Cost of goods sold was $4.45 million, driving a gross loss of $3.52 million. Operating expenses were $6.62 million, and net loss was $10.30 million ($0.09 per share).

Liquidity improved. Cash was $30.1 million as of September 30, 2025, with total assets of $101.47 million and stockholders’ equity of $96.00 million. The company raised $21.9 million via its ATM during the quarter and, after quarter-end, reported aggregate ATM gross proceeds of $23.6 million, increasing net cash to $54.9 million as of November 3, 2025. All 2024 Notes were converted into equity, fully extinguishing $8.0 million of notes.

ABAT recorded a non‑GAAP cash cost of goods sold of $3.3 million after excluding depreciation and stock‑based compensation. The DOE $57.7 million lithium hydroxide refinery grant was terminated effective August 31, 2025; ABAT filed an appeal on October 10, 2025. Common shares outstanding were 129,969,958 as of November 3, 2025.