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ABAT

American Battery Technology Company Common Stock

ABAT

American Battery Technology Company Common Stock • NASDAQ
$3.75 ▲ 4.75% (+0.17)
Market Cap $342.67 M
52w High $11.49
52w Low $0.83
Dividend Yield 0%
P/E -7.5
Volume 3.05M
Outstanding Shares 91.38M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $979.977K ▲ $7.955M ▼ $-11.496M ▲ -1.173K% ▲ $-0.14 ▲ $-10.224M ▲
Q2-2025 $332.44K ▲ $10.827M ▲ $-13.401M ▼ -4.031K% ▲ $-0.18 ▼ $-12.52M ▼
Q1-2025 $201.96K ▼ $-2.341M ▼ $-11.695M ▲ -5.791K% ▲ $-0.17 ▲ $-9.228M ▲
Q4-2024 $343.5K ▲ $9.121M ▲ $-23.437M ▼ -6.823K% ▼ $-0.45 ▼ $-24.856M ▼
Q3-2024 $0 $8.607M $-9.995M 0% $-0.19 $-8.778M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $2.849M ▼ $76.457M ▼ $10.851M ▼ $65.606M ▼
Q2-2025 $15.624M ▲ $88.289M ▲ $17.692M ▲ $70.597M ▲
Q1-2025 $5.769M ▼ $73.833M ▼ $14.488M ▼ $59.345M ▼
Q4-2024 $7.002M ▲ $77.675M ▼ $16.207M ▼ $61.468M ▼
Q3-2024 $6.055M $89.257M $19.189M $70.069M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $-11.496M ▲ $-10.283M ▼ $-491.132K ▲ $-2M ▼ $-12.775M ▼ $-10.775M ▼
Q2-2025 $-13.401M ▼ $-7.264M ▼ $-646.423K ▲ $22.765M ▲ $14.855M ▲ $-7.91M ▼
Q1-2025 $-11.695M ▲ $-5.552M ▼ $-863.158K ▲ $5.183M ▼ $-1.233M ▼ $-6.416M ▼
Q4-2024 $-23.437M ▼ $-4.306M ▲ $-1.605M ▼ $6.918M ▲ $1.007M ▲ $-5.238M ▲
Q3-2024 $-12.542M $-5.012M $-495.585K $3.856M $-1.652M $-5.71M

Five-Year Company Overview

Income Statement

Income Statement ABAT is still in a pre‑revenue or near‑pre‑revenue phase, with no meaningful sales showing up yet in the historical figures. The company has been running steady operating losses as it builds and scales its technology and facilities, which is typical for an early‑stage materials and recycling business. Earnings per share look very volatile and deeply negative, but this is mostly driven by accounting effects and share structure changes rather than a sudden collapse in the underlying business. Overall, the income statement tells a story of a company still firmly in the investment and build‑out stage rather than one focused on profitability today.

Balance Sheet

Balance Sheet The balance sheet is small and modest, reflecting an early‑stage company that is still ramping up. Assets have been slowly increasing, suggesting continued investment in technology, facilities, and projects, while equity has also grown, which likely reflects additional capital raised rather than retained profits. Debt is present but still relatively limited, which lowers financial risk for now, though future build‑out could require more funding. The main vulnerability is that the asset base and cash resources are still thin compared with the scale of the company’s ambitions.

Cash Flow

Cash Flow Cash flow is consistently negative, especially from operations, which aligns with a company that is spending money on development, staffing, and early plant ramp‑up without yet generating substantial sales. Capital spending has been steady, showing a clear commitment to building physical capacity and technology platforms. Free cash flow is therefore meaningfully negative, implying that ABAT will likely continue to depend on external financing—equity, grants, or debt—to fund its growth plans. The key risk is whether the company can bridge from this investment phase to a self‑funding, cash‑generating model before capital markets or grant support become more difficult to access.

Competitive Edge

Competitive Edge ABAT’s strategy is to anchor itself in the U.S. battery metals supply chain by combining recycling, primary resource development, and in‑house processing into battery‑grade materials. Its proprietary recycling and extraction technologies, plus a focus on a domestic, circular supply chain, give it a differentiated position versus more traditional recyclers or single‑asset miners. Partnerships and project wins—such as handling a large national battery cleanup and teaming up with collection networks—strengthen its access to feedstock and validate its technical capabilities. The main competitive risk is that larger, better‑capitalized players or alternative technologies could scale more quickly or secure key customer relationships first, especially as the market matures.

Innovation and R&D

Innovation and R&D Innovation is the core of ABAT’s story: it is developing specialized hydrometallurgical recycling processes and new methods to extract lithium from U.S. claystone resources, both aimed at lowering costs and improving recovery quality. The company holds intellectual property around these processes, giving it potential barriers to entry and a technical edge if the processes scale as planned. Collaborations with national labs and government‑backed projects indicate that its R&D is taken seriously by external experts, and the move toward continuous operations suggests early progress from lab to commercial scale. Execution risk remains high, especially around scaling complex chemical processes, permitting large resource projects, and proving that long‑term economics match the promising early studies.

Summary

ABAT looks like an early‑stage, technology‑driven battery materials company still in the build‑out and proof‑of‑concept phase rather than a mature operating business. Financial statements show no material revenue yet, ongoing losses, and negative cash flow, all consistent with a company investing heavily ahead of expected future sales. On the strategic side, ABAT is pursuing an ambitious integrated model—recycling, primary lithium production, and refining into battery‑grade materials—with a strong emphasis on domestic supply security and circularity. Its strengths are in technology, intellectual property, and strategic positioning in a high‑growth, policy‑supported sector; its main risks are execution, financing, permitting, and competition from larger or faster‑moving rivals. The long‑term outcome largely depends on whether ABAT can scale its processes economically, secure stable feedstock and customers, and transition from grant‑ and capital‑funded development to a sustainable, cash‑generating operation.

NEWS

November 26, 2025 · 10:50 AM UTC

ABAT Investors Have Opportunity to Join American Battery Technology Company Fraud Investigation with the Schall Law Firm

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November 19, 2025 · 9:49 AM UTC

ABAT Investors Have Opportunity to Join American Battery Technology Company Fraud Investigation with the Schall Law Firm

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November 13, 2025 · 8:20 PM UTC

ABAT Investors Have Opportunity to Join American Battery Technology Company Fraud Investigation with the Schall Law Firm

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November 6, 2025 · 10:22 AM UTC

American Battery Technology Company Selected to Recycle Batteries from the Largest Lithium-Ion Battery Cleanup in US History, $30 Million Estimated Project Proceeds

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October 31, 2025 · 7:55 AM UTC

American Battery Technology Company CEO Ryan Melsert Invited to Present at IEA Energy Innovation Forum 2025, Informing G7 Energy and Environment Ministry Leaders

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