ABML - American Battery Technology Company reports Q2 results
- American Battery Technology Company press release ( OTCQX:ABML ): Q2 Cash was $11.4 million as of December 31, 2022 plus a subscription receivable of $2.0 million.
- The company invested $2.0 million in research & development for the six months ended December 31, 2022, up 304% when compared to the same period in the prior year.
- ABTC continued to prioritize the construction and integration of equipment for its lithium-ion battery recycling Pilot Plant, and cash used for the acquisition of property, construction, equipment, and water rights for the six months ended December 31, 2022 was $10.2 million.
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American Battery Technology Company reports Q2 results