AMERICAN BATTERY TECHNOLOGY Co
ABAT · Mining & Quarrying of Nonmetallic Minerals (No Fuels) · 136.4M shares · +11%/yr ↑ dilution · EDGAR filings ↗
Reference price $3.56 · est. market cap ~$486M — last insider sale, 2026-06-15 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
F40Growth-stage battery-recycling/lithium company with going-concern doubt and deeply negative margins.
Strengths
- Revenue ramped from $0.3M to $4.3M; sizable DOE grants and 48C tax credits
- Current ratio 2.16 and quick ratio 2.13 provide near-term cushion
Risks
- Going-concern doubt; gross margin -246%, net margin -1090%, ROA -55% (12.5th pct)
- Material weakness in ICFR and large additional financing needs within 12 months
Notable findings
- Going concernThe following is a summary of the principal risks we face: ● There is substantial doubt about Company’s ability to continue as a going concern and to achieve or sustain profitability
- Exec changeRecent 8-K item 5.02 8-K ↗
- Net lossNet loss (net margin -1090.0%)
- Material weakness● We have identified a material weakness in our internal control over financial reporting (ICFR)
- Chronic dilutionShare count +11%/yr over 2y (dilution, book value/share -6%)
- Insider sellingInsider selling — 1 open-market sale(s) by 1 insider(s) (~$411,109, last 6mo) Form 4 ↗
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
-246.5%
Operating margin
-979.5%
Net margin
-1090.0%
Return on equity
-66.2%
Return on assets
-55.4%
Revenue growth (QoQ)
64.1%
Current ratio
2.2×
EBITDA
-$37M
Tangible book value
$70M
Cash & investments
$7M
Stock comp / revenue
341.6%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-17 | Wu Steven | Tax withheld | 56K | $3.18 |
| 2026-06-16 | Wu Steven | Grant | 103K | — |
| 2026-06-15 | Wu Steven | Sell | 115K | $3.56 |
| 2026-06-08 | Melsert Ryan Mitchell | Tax withheld | 138K | $3.49 |
| 2026-06-08 | Wu Steven | Tax withheld | 108K | $3.49 |
| 2026-06-04 | Melsert Ryan Mitchell | Grant | 338K | — |
| 2026-06-04 | Wu Steven | Grant | 204K | — |
| 2026-06-02 | Melsert Ryan Mitchell | Tax withheld | 9.3K | $3.77 |
| 2026-06-02 | Melsert Ryan Mitchell | Grant | 30K | $0.71 |
| 2026-06-01 | Melsert Ryan Mitchell | Grant | 33K | — |
| 2026-04-22 | Melsert Ryan Mitchell | Tax withheld | 5.0K | $3.49 |
| 2026-04-20 | Melsert Ryan Mitchell | Grant | 21K | — |
| 2026-04-20 | JOLCOVER SCOTT | Grant | 8.3K | — |
| 2026-04-06 | Lowery Elizabeth Ann | Grant | 12K | — |
| 2026-04-06 | Lee Susan Y | Grant | 12K | — |
| 2026-04-06 | Fezell Donald Richard JR | Grant | 25K | — |
| 2026-04-01 | JOLCOVER SCOTT | Grant | 24K | — |
| 2026-04-01 | JOLCOVER SCOTT | Grant | 6.2K | — |
| 2026-04-01 | Melsert Ryan Mitchell | Grant | 11K | — |
| 2026-04-01 | Melsert Ryan Mitchell | Grant | 61K | — |
| 2026-04-01 | Melsert Ryan Mitchell | Tax withheld | 18K | $2.75 |
| 2026-03-17 | Wu Steven | Tax withheld | 28K | $3.22 |
| 2026-03-16 | Wu Steven | Grant | 38K | — |
| 2026-03-16 | Wu Steven | Grant | 30K | — |
| 2026-03-03 | Melsert Ryan Mitchell | Tax withheld | 8.5K | $3.53 |
| 2026-03-02 | Melsert Ryan Mitchell | Grant | 33K | — |
| 2026-01-21 | JOLCOVER SCOTT | Tax withheld | 2.5K | $4.87 |
| 2026-01-21 | Melsert Ryan Mitchell | Tax withheld | 5.0K | $4.87 |
| 2026-01-20 | JOLCOVER SCOTT | Grant | 8.3K | — |
| 2026-01-20 | Melsert Ryan Mitchell | Grant | 21K | — |
| 2026-01-12 | Lee Susan Y | Grant | 9.5K | — |
| 2026-01-12 | Lowery Elizabeth Ann | Grant | 9.5K | — |
| 2026-01-12 | Fezell Donald Richard JR | Grant | 20K | — |
| 2026-01-05 | JOLCOVER SCOTT | Tax withheld | 6.5K | $4.66 |
| 2026-01-05 | Melsert Ryan Mitchell | Tax withheld | 15K | $4.66 |
| 2026-01-02 | JOLCOVER SCOTT | Grant | 6.2K | — |
| 2026-01-02 | JOLCOVER SCOTT | Grant | 24K | — |
| 2026-01-02 | Melsert Ryan Mitchell | Grant | 61K | — |
| 2026-01-02 | Melsert Ryan Mitchell | Grant | 11K | — |
| 2025-12-17 | Wu Steven | Tax withheld | 34K | $3.79 |
| 2025-12-16 | JOLCOVER SCOTT | Sell | 18K | $3.88 |
| 2025-12-16 | Wu Steven | Grant | 30K | — |
| 2025-12-16 | Wu Steven | Grant | 38K | — |
| 2025-12-16 | Lowery Elizabeth Ann | Sell | 38K | $3.97 |
| 2025-12-04 | Wu Steven | Option exercise | 50K | $1.00 |
| 2025-12-04 | Wu Steven | Sell | 12K | $4.05 |
| 2025-12-03 | Melsert Ryan Mitchell | Tax withheld | 13K | $3.72 |
| 2025-12-01 | Melsert Ryan Mitchell | Grant | 33K | — |
| 2025-11-10 | Fezell Donald Richard JR | Sell | 90K | $4.34 |
| 2025-10-23 | JOLCOVER SCOTT | Tax withheld | 1.6K | $6.08 |
| 2025-10-23 | Melsert Ryan Mitchell | Tax withheld | 6.6K | $6.08 |
| 2025-10-22 | JOLCOVER SCOTT | Grant | 8.3K | — |
| 2025-10-22 | Melsert Ryan Mitchell | Grant | 21K | — |
| 2025-10-16 | Melsert Ryan Mitchell | Sell | 79K | $10.22 |
| 2025-10-16 | Melsert Ryan Mitchell | Option exercise | 781K | $1.03 |
| 2025-10-02 | Fezell Donald Richard JR | Grant | 20K | — |
| 2025-10-02 | Lee Susan Y | Grant | 9.9K | — |
| 2025-10-02 | JOLCOVER SCOTT | Tax withheld | 7.4K | $4.90 |
| 2025-10-02 | Melsert Ryan Mitchell | Tax withheld | 28K | $4.90 |
| 2025-10-02 | MARAKBY SHERIF | Grant | 8.3K | — |
| 2025-10-02 | Lowery Elizabeth Ann | Grant | 9.9K | — |
| 2025-10-01 | JOLCOVER SCOTT | Grant | 24K | — |
| 2025-10-01 | JOLCOVER SCOTT | Grant | 6.2K | — |
| 2025-10-01 | Melsert Ryan Mitchell | Grant | 61K | — |
| 2025-10-01 | Melsert Ryan Mitchell | Grant | 11K | — |
| 2025-09-18 | Wu Steven | Tax withheld | 117K | $2.63 |
| 2025-09-16 | Wu Steven | Grant | 275K | — |
| 2025-09-04 | Melsert Ryan Mitchell | Tax withheld | 58K | $2.51 |
| 2025-09-04 | JOLCOVER SCOTT | Tax withheld | 20K | $2.51 |
| 2025-09-03 | Melsert Ryan Mitchell | Grant | 208K | — |
| 2025-09-03 | Melsert Ryan Mitchell | Grant | 19K | — |
| 2025-09-03 | JOLCOVER SCOTT | Grant | 82K | — |
| 2025-07-21 | JOLCOVER SCOTT | Tax withheld | 1.7K | $2.76 |
| 2025-07-21 | Melsert Ryan Mitchell | Tax withheld | 4.4K | $2.76 |
| 2025-07-18 | JOLCOVER SCOTT | Grant | 8.3K | — |
| 2025-07-18 | Melsert Ryan Mitchell | Grant | 21K | — |
| 2025-07-07 | Fezell Donald Richard JR | Grant | 54K | — |
| 2025-07-07 | Lee Susan Y | Grant | 26K | — |
| 2025-07-07 | Lowery Elizabeth Ann | Grant | 26K | — |
| 2025-07-07 | MARAKBY SHERIF | Grant | 26K | — |
| 2025-07-02 | JOLCOVER SCOTT | Tax withheld | 222 | $1.76 |
| 2025-07-02 | Melsert Ryan Mitchell | Tax withheld | 739 | $1.76 |
| 2025-07-01 | JOLCOVER SCOTT | Tax withheld | 2.1K | $1.59 |
| 2025-07-01 | JOLCOVER SCOTT | Grant | 966 | — |
| 2025-07-01 | Melsert Ryan Mitchell | Grant | 3.2K | — |
| 2025-07-01 | Melsert Ryan Mitchell | Tax withheld | 4.0K | $1.59 |
| 2025-06-30 | Melsert Ryan Mitchell | Grant | 11K | — |
| 2025-06-30 | Lee Susan Y | Grant | 124K | — |
| 2025-06-30 | Melsert Ryan Mitchell | Grant | 6.7K | — |
| 2025-06-30 | JOLCOVER SCOTT | Grant | 2.9K | — |
| 2025-06-30 | JOLCOVER SCOTT | Grant | 6.2K | — |
| 2025-06-03 | Melsert Ryan Mitchell | Tax withheld | 4.6K | $1.45 |
| 2025-06-03 | Melsert Ryan Mitchell | Grant | 30K | $0.71 |
| 2025-06-02 | Melsert Ryan Mitchell | Grant | 21K | — |
| 2025-05-20 | Lowery Elizabeth Ann | Sell | 15K | $1.40 |
| 2025-05-19 | Lowery Elizabeth Ann | Sell | 95K | $1.41 |
| 2025-04-30 | Melsert Ryan Mitchell | Option exercise | 200K | $1.12 |
| 2025-04-30 | Melsert Ryan Mitchell | Sell | 132K | $1.71 |
| 2025-04-21 | JOLCOVER SCOTT | Grant | 8.3K | — |
| 2025-04-21 | JOLCOVER SCOTT | Tax withheld | 2.2K | $1.06 |
| 2025-04-21 | Melsert Ryan Mitchell | Grant | 21K | — |
| 2025-04-21 | Melsert Ryan Mitchell | Tax withheld | 5.6K | $1.06 |
| 2025-04-04 | JOLCOVER SCOTT | Tax withheld | 2.6K | $0.94 |
| 2025-04-04 | Melsert Ryan Mitchell | Tax withheld | 5.5K | $0.94 |
| 2025-04-03 | JOLCOVER SCOTT | Grant | 3.9K | — |
| 2025-04-03 | JOLCOVER SCOTT | Grant | 6.2K | — |
| 2025-04-03 | Fezell Donald Richard JR | Grant | 75K | — |
| 2025-04-03 | Lowery Elizabeth Ann | Grant | 36K | — |
| 2025-04-03 | Melsert Ryan Mitchell | Grant | 9.9K | — |
| 2025-04-03 | MARAKBY SHERIF | Grant | 36K | — |
| 2025-04-03 | Melsert Ryan Mitchell | Grant | 11K | — |
| 2025-03-04 | JOLCOVER SCOTT | Tax withheld | 4.3K | $0.86 |
| 2025-03-04 | Melsert Ryan Mitchell | Tax withheld | 16K | $0.86 |
| 2025-03-03 | Melsert Ryan Mitchell | Grant | 42K | — |
| 2025-03-03 | JOLCOVER SCOTT | Grant | 4.4K | — |
| 2025-03-03 | JOLCOVER SCOTT | Grant | 8.3K | — |
| 2025-03-03 | Melsert Ryan Mitchell | Grant | 8.8K | — |
| 2025-01-14 | JOLCOVER SCOTT | Tax withheld | 782 | $1.82 |
| 2025-01-14 | Deutsch Jesse Samuel | Tax withheld | 1.3K | $1.82 |
| 2025-01-14 | JOLCOVER SCOTT | Tax withheld | 4.8K | $1.78 |
| 2025-01-14 | Melsert Ryan Mitchell | Tax withheld | 2.6K | $1.82 |
| 2025-01-14 | Melsert Ryan Mitchell | Tax withheld | 9.2K | $1.78 |
| 2025-01-13 | Lowery Elizabeth Ann | Grant | 17K | — |
| 2025-01-13 | Melsert Ryan Mitchell | Grant | 13K | — |
| 2025-01-13 | Melsert Ryan Mitchell | Grant | 11K | — |
| 2025-01-13 | Deutsch Jesse Samuel | Grant | 3.2K | — |
| 2025-01-13 | Fezell Donald Richard JR | Grant | 36K | — |
| 2025-01-13 | JOLCOVER SCOTT | Grant | 4.8K | — |
| 2025-01-13 | JOLCOVER SCOTT | Grant | 6.2K | — |
| 2025-01-13 | MARAKBY SHERIF | Grant | 17K | — |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-06-08 | Material agreementReg FDExhibits | filing ↗ |
| 2026-06-03 | Exec/director changeExhibits | filing ↗ |
| 2026-05-12 | ResultsExhibits | filing ↗ |
| 2026-02-09 | ResultsExhibits | filing ↗ |
| 2026-01-29 | Exec/director changeExhibits | filing ↗ |
| 2025-11-17 | Shareholder voteReg FDExhibits | filing ↗ |
| 2025-11-06 | Material agreementExhibits | filing ↗ |
| 2025-10-16 | OtherExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-06-08 | 2026-06-02 | 0001493152-26-027667 ↗ |
| 8-K | 2026-06-03 | 2026-05-29 | 0001493152-26-027118 ↗ |
| 8-K | 2026-05-12 | 2026-05-11 | 0001493152-26-022507 ↗ |
| 10-Q | 2026-05-11 | 2026-03-31 | 0001493152-26-022149 ↗ |
| 8-K | 2026-02-09 | 2026-02-06 | 0001493152-26-005793 ↗ |
| 10-Q | 2026-02-05 | 2025-12-31 | 0001493152-26-005349 ↗ |
| 8-K | 2026-01-29 | 2026-01-25 | 0001493152-26-004242 ↗ |
| 8-K | 2025-11-17 | 2025-11-13 | 0001493152-25-023902 ↗ |
| 10-Q | 2025-11-06 | 2025-09-30 | 0001493152-25-021111 ↗ |
| 8-K | 2025-11-06 | 2025-11-05 | 0001493152-25-020999 ↗ |
| 8-K | 2025-10-16 | 2025-10-16 | 0001493152-25-018287 ↗ |
| 8-K | 2025-10-15 | 2025-10-09 | 0001493152-25-018171 ↗ |