Security
AeroClean Technologies Inc. Common Stock · AERC
AERCNASDAQCommon stockHistorical · closed Jan 11, 2023CIK 1872356Updated Oct 6, 2026
Name history
AeroClean Technologies, Inc. · through Dec 21, 2022AeroClean Technologies, LLC · through Nov 19, 2021
AERC price & chart
Historical security
This listing closed Jan 11, 2023. Live provider charts are shown only for current listings.
In the news
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Recent filings
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Financials
FY 2022 · USDSource
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balance sheet · annual statements
| Line item | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|
| ASSETS | |||
| AssetsUSD | 29,158,886Source | 23,722,748Source | 3,193,175Source |
| Property, Plant and Equipment, NetUSD | 2,119,134Source | 2,123,428Source | 454,679Source |
| GoodwillUSD | 626,647Source | — | — |
| Current assets: | |||
| Cash and Cash Equivalents, at Carrying ValueUSD | 22,062,657Source | 19,629,649Source | 2,333,117Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 36,188Source | 177,064Source | — |
| Inventory, NetUSD | 2,020,713Source | 645,942Source | — |
| Assets, CurrentUSD | 24,784,953Source | 21,577,653Source | 2,738,496Source |
| Prepaid Expense and Other Assets, CurrentUSD | 665,395Source | 1,124,998Source | 304,836Source |
| Operating Lease, Right-of-Use AssetUSD | 1,606,485Source | — | — |
| Other Assets, NoncurrentUSD | 21,667Source | 21,667Source | — |
| LIABILITIES AND EQUITY | |||
| LiabilitiesUSD | 9,455,684Source | 2,012,333Source | 665,308Source |
| Stockholders’ equity: | |||
| Common Stock, Value, IssuedUSD | 154,969Source | 138,776Source | — |
| Additional Paid in CapitalUSD | 27,465,024Source | 23,319,499Source | — |
| Retained Earnings (Accumulated Deficit)USD | -7,916,791Source | -1,747,860Source | -8,223,407Source |
| Stockholders' Equity Attributable to ParentUSD | 19,703,202Source | — | — |
| Liabilities and EquityUSD | 29,158,886Source | 23,722,748Source | 3,193,175Source |
| Current liabilities: | |||
| Liabilities, CurrentUSD | 4,562,253Source | 1,511,079Source | 665,308Source |
| Operating Lease, Liability, CurrentUSD | 113,769Source | — | — |
| Accounts Payable, CurrentUSD | 3,220,082Source | 927,194Source | 332,072Source |
| Operating Lease, Liability, NoncurrentUSD | 1,521,431Source | — | — |
| Deferred Income Tax Liabilities, NetUSD | — | 501,254Source | — |
| Additional Financial Items | |||
| Accrued Liabilities, CurrentUSD | 1,228,402Source | 583,885Source | 333,236Source |
cash flow · annual statements
| Line item | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|
| Cash flows from operating activities: | |||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Depreciation, Depletion and AmortizationUSD | 160,924Source | 79,646Source | — |
| Changes in operating assets and liabilities: | |||
| Increase (Decrease) in Accounts ReceivableUSD | -140,876Source | 177,064Source | — |
| Increase (Decrease) in InventoriesUSD | 1,374,771Source | 645,942Source | — |
| Increase (Decrease) in Accounts PayableUSD | 2,292,896Source | 595,119Source | 187,346Source |
| Deferred Income Tax Expense (Benefit)USD | -501,254Source | — | — |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -10,638,912Source | -7,795,087Source | -3,069,976Source |
| Cash flows from investing activities: | |||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | 350,000Source | — | — |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -506,631Source | -1,748,392Source | -454,679Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 156,631Source | 1,748,392Source | 454,679Source |
| Cash flows from financing activities: | |||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 13,578,551Source | 26,840,011Source | 5,856,976Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 22,062,657Source | 19,629,649Source | 2,333,117Source |
| Supplemental disclosure of cash flow information: | |||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | — | 7,465Source | — |
| Additional Financial Items | |||
| Share-based Payment Arrangement, ExpenseUSD | 2,975,301Source | 924,438Source | — |
| DepreciationUSD | 160,924Source | — | — |
| GoodwillUSD | 626,647Source | — | — |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | -6,168,931Source | — | — |
| Income Tax Expense (Benefit)USD | 501,254Source | — | — |
| Net Income (Loss) Attributable to ParentUSD | -6,168,931Source | -7,923,607Source | -3,323,081Source |
| Operating ExpensesUSD | 17,407,813Source | 8,521,360Source | 3,323,081Source |
income statement · annual statements
| Line item | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|
| Total RevenueUSD | — | 616,511Source | — |
| Cost of RevenueUSD | 112,559Source | 338,896Source | — |
| Selling, General and Administrative ExpenseUSD | 15,453,261Source | 4,327,998Source | 1,131,385Source |
| Operating Income (Loss)USD | -17,293,185Source | — | — |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -6,670,185Source | -8,243,745Source | -3,323,081Source |
| Income Tax Expense (Benefit)USD | 501,254Source | — | — |
| Net Income (Loss) Attributable to ParentUSD | -6,168,931Source | -7,923,607Source | -3,323,081Source |
| Earnings Per Share, BasicUSD per share | -0.42Source | -0.74Source | -1.02Source |
| Earnings Per Share, DilutedUSD per share | -0.42Source | -0.74Source | -1.02Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 14,676,369Source | 10,675,765Source | 3,250,980Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 14,676,369Source | 10,675,765Source | 3,250,980Source |
| Additional Financial Items | |||
| Cost, Depreciation and AmortizationUSD | — | — | 0Source |
| Gross ProfitUSD | 114,628Source | 277,615Source | — |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | -6,168,931Source | — | — |
| Operating ExpensesUSD | 17,407,813Source | 8,521,360Source | 3,323,081Source |
| Research and Development ExpenseUSD | 1,954,552Source | 4,193,362Source | 2,191,696Source |