ADN_OUT_1 [2025-04-04 06:36:48 -0400] 3264 Bytes | 828 tokens | Cum: 828 tkns (10.35% of 8k)
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We are in the 'Lightning Round' baby! It's 6:36:45 AM on Fri Apr 04, 2025 -0400, and I'm firing up the spotlight on Advent Technologies (ADN), moving from 3.1 to 3.7. Is this a can’t-miss rocket or a one-hit wonder? Let’s dissect the numbers!

--- COMPANY PROFILE ---
Company: Advent Technologies (ADN)
IPO: 2021-02-05 (4 Years Ago)
Market Cap: $9,254,143
Shares Outstanding: 2,640,000
Industry: MISCELLANEOUS ELECTRICAL MACHINERY, EQUIPMENT & SUPPLIES
Exchange: XNAS
Description: Advent Technologies Holdings Inc is an innovation-driven company in the fuel cell and hydrogen technology space. The company develops, manufactures, and assembles complete fuel cell systems and the critical components that determine the performance of hydrogen fuel cells and other energy systems. It serves automotive; aviation and power generation industries. It generates revenue from the sale of fuel cell systems and the sale of MEAs, membranes, and electrodes for specific applications in the fuel cell and energy storage (flow battery) markets.

Here’s the first list of news for Advent Technologies:

C1 - Mar-26-25 08:00AM - Advent Technologies receives Go-Ahead from Airbus for Phase Two of Joint Benchmarking Project
C2 - Mar-11-25 08:00AM - Advent Technologies and the European Climate, Infrastructure and Environment Executive Agency (CINEA) Sign 34.5 Million EU Innovation Fund Grant Agreement
C3 - Feb-11-25 08:00AM - Advent Technologies Approved for 2.16 Million RESCUE Project
C4 - Jan-24-25 08:00AM - Advent Technologies Brings Back Veteran Sales and Marketing Manager, Nikolaos Farmakiotis to its Team
C5 - Dec-19-24 08:00AM - Advent Technologies Proudly Supports the Wounded Warrior Project
C6 - Dec-03-24 08:48AM - Advent Technologies Awarded Grant for H2VE Proposal
C7 - Nov-15-24 08:00AM - George Paloumpis Rejoins Advent Technologies as Chief of Operations of its Patras Facility
C8 - Nov-06-24 08:00AM - Advent Technologies' Greek subsidiary, Advanced Energy Technologies S.A. announces changes to its Board of Directors

Prior AI Reports for ADN:
1. 2025-04-02 – Score: 32 – Target: 4.0000 – Highs: 3.7890 / 3.5172 / –
underperforming-company-faces-uphill-battle-amid-negative-trends

(Note: Highs = Same day / 2nd day / 3rd day)

GUIDELINES FOR AI:
==============

1) You are the **AI analyst-investigator**. I am **ScanScor**, a unified document retrieval and reporting system.
Your role is to examine all available company data and draw sound conclusions.

2) To request additional information, refer to any listed documents using their reference codes.
The company under analysis is: Advent Technologies (ADN).

3) As the analysis proceeds, continue reviewing documents until you feel confident in your judgment.
When ready, you will:
- Write a brief summary
- Generate a headline
- Assign a MARKET_SCORE[XX]
- Set a PRICE_TARGET[XX]

4) For now, restrict your response to just **three tokens**.
To request a document, reply with its reference code(s), such as:
- `C1`, `C2`, `C3`, etc.
- To load more documents, reply with: `NEX`

News articles, SEC filings, and key metrics will be revealed in subsequent prompts.
Stay focused. Gather evidence. Continue until your conclusions are clear.

ADN_OUT_3 [2025-04-04 06:36:52 -0400] 1108 Bytes | 279 tokens | Cum: 1110 tkns (13.88% of 8k)
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Showing C1 (chunk 1 of 7): C1:
**Advent Technologies receives Go-Ahead from Airbus for Phase Two of Joint Benchmarking Project**
Date: Mar-26-25 08:00AM
Source: (GlobeNewswire)
URL: https://finance.yahoo.com/news/advent-technologies-receives-ahead-airbus-120000642.html

LIVERMORE, Calif., March 26, 2025 (GLOBE NEWSWIRE) -- Advent Technologies Holdings, Inc. (NASDAQ: ADN), an innovation-driven leader in the fuel cell and hydrogen technology space, is pleased to announce that it has received the go-ahead decision from Airbus, a leading aircraft manufacturer, to proceed with Phase Two of the parties’ joint benchmarking project for an optimized Ion Pair™ Membrane Electrode Assembly (“MEA”) for hydrogen fuel cells. Having demonstrated continued improvement in Ion Pair™ MEA performance in Phase One, the parties seek to further optimize performance in Phase Two.

Advent has invested in people, materials, hardware, and 3r

--> You can ask for 1) More of this item with: MOR, 2) the NEXt section with: NEX, or 3) a different item by it's handle (ex. C3, S2) (only 3 chars don't summarize yet)

ADN_OUT_5 [2025-04-04 06:36:53 -0400] 1000 Bytes | 273 tokens | Cum: 1454 tkns (18.18% of 8k)
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We present this news so you can catch the big movers from recently breaking news.
Here's a list of news articles you can literally read just by asking.
Usually the first item is the most important.

A1 - 2025-04-01T17:05:42Z - 12 Industrials Stocks Moving In Tuesday's Intraday Session - Babcock & Wilcox (NYSE:BW), Advent Tech...
A2 - 2025-03-26T00:00:00Z - Advent Technologies and Airbus Advance Hydrogen Fuel Cell | Fuel Cells Works...
A3 - 2025-03-26T13:39:34Z - Advent Technologies receives Go-Ahead from Airbus for Phase Two of Joint Benchmarking Project...
A4 - 2025-03-26T13:39:34Z - Advent Technologies (ADN) receives Go-Ahead from Airbus for Phase Two of Joint Benchmarking Project...
A5 - 2025-03-26T13:06:33Z - Advent Technologies receives Go-Ahead from Airbus for Phase Two of Joint Benchmarking Project...

Request an article by its reference number. (Ex., "A1" gets the first item)
You may also say NEX to go to the next listing.
Response to this prompt limited to 3 chars.

ADN_OUT_7 [2025-04-04 06:36:59 -0400] 1098 Bytes | 338 tokens | Cum: 1794 tkns (22.43% of 8k)
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Showing A1 (chunk 1 of 4): A1:
**12 Industrials Stocks Moving In Tuesday's Intraday Session - Babcock & Wilcox (NYSE:BW), Advent Technologies Hldgs (NASDAQ:ADN)**Date: 2025-04-01Source: {'uri': 'benzinga.com', 'dataType': 'news', 'title': 'Benzinga'}URL: https://www.benzinga.com/insights/movers/25/04/44591122/12-industrials-stocks-moving-in-tuesdays-intraday-sessionGainers Microvast Holdings MVST shares moved upwards by 35.9% to $1.59 during Tuesday's regular session. The market value of their outstanding shares is at $514.9 million. The company's, Q4 earnings came out yesterday. LanzaTech Global LNZA stock rose 21.8% to $0.29. The market value of their outstanding shares is at $58.3 million. The company's, Q4 earnings came out yesterday. INLIF INLF stock rose 21.23% to $1.77. The market value of their outstanding shares is at $25.6 million. Greenland Technologies GTEC shares moved upwards by 18.85% to $2.08. The

--> You can ask for 1) More of this item with: MOR, 2) the NEXt section with: NEX, or 3) a different item by it's handle (ex. C3, S2) (only 3 chars don't summarize yet)

ADN_OUT_9 [2025-04-04 06:37:00 -0400] 1009 Bytes | 295 tokens | Cum: 2253 tkns (28.16% of 8k)
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This is our final list of news.
News AI can literally read just by asking.
Don't miss the breaking news!

B1 - 2025-01-24T13:00:00Z - Advent Technologies Brings Back Veteran Sales and Marketing Manager, Nikolaos Farmakiotis to its Team
B2 - 2024-12-19T13:00:00Z - Advent Technologies Proudly Supports the Wounded Warrior Project
B3 - 2024-11-06T13:00:00Z - Advent Technologies’ Greek subsidiary, Advanced Energy Technologies S.A. announces changes to its Board of Directors
B4 - 2024-10-10T16:50:00Z - Automotive Fuel Cell Market Size Projected to Grow at 31.1% CAGR, Reaching USD 8.6 Billion by 2034 with a Shift to Sustainable Transport| Report by Transparency Market Research, Inc.
B5 - 2024-05-10T12:24:00Z - Acadian Timber Corp. Announces Election of Directors
B6 - 2024-05-08T21:05:00Z - Acadian Timber Corp. Reports First Quarter Results

Request an article by its reference number. (Ex., "B1" gets the first item)
You can say NEX to go to the next listing.
Response limited to 3 chars.

ADN_OUT_11 [2025-04-04 06:37:04 -0400] 778 Bytes | 220 tokens | Cum: 2475 tkns (30.94% of 8k)
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Showing B1 (chunk 1 of 1): B1:
**Advent Technologies Brings Back Veteran Sales and Marketing Manager, Nikolaos Farmakiotis to its Team**Date: Unknown DateSource: Unknown SourceURL: https://www.globenewswire.com/news-release/2025/01/24/3014863/0/en/Advent-Technologies-Brings-Back-Veteran-Sales-and-Marketing-Manager-Nikolaos-Farmakiotis-to-its-Team.htmlAdvent Technologies, a fuel cell and hydrogen technology company, has rehired Nikolaos Farmakiotis as the Manager for Sales & Marketing in Greece. Farmakiotis previously worked for the company and will help execute Advent's vision and growth strategy.

--> You can ask for 1) More of this item with: MOR, 2) the NEXt section with: NEX, or 3) a different item by it's handle (ex. C3, S2) (only 3 chars don't summarize yet)

ADN_OUT_13 [2025-04-04 06:37:04 -0400] 750 Bytes | 219 tokens | Cum: 2754 tkns (34.42% of 8k)
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This is our list of SEC filings.
If empty, the search returned no recent filings.

S1 - 2024-12-27 10-Q PART IFIN INFO

Item 1. Unaudited Condensed Cons Fin Stmnts

ADVENT TECHNOLOGIES HOLDINGS, INC.

COND CONS BAL SHEETS

( Amounts in USD thousands, except share and per share amounts)

As of September 30, 2024

December 31, ...

S2 - 2024-12-27 10-Q PART IFIN INFO

Item 1. Unaudited Condensed Cons Fin Stmnts

ADVENT TECHNOLOGIES HOLDINGS, INC.

COND CONS BAL SHEETS

( Amounts in USD thousands, except share and per share amounts)

As of September 30, 2024

December 31, ...

Request filing by its reference number. (Ex., "S1" gets the first item)
You can say NEX to go to the next listing.
Response limited to 3 chars.

ADN_OUT_15 [2025-04-04 06:37:13 -0400] 1098 Bytes | 311 tokens | Cum: 3067 tkns (38.34% of 8k)
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Showing S1 (chunk 1 of 6): S1:
PART IFINANCIAL INFORMATION

Item 1. Unaudited Condensed Consolidated Financial Statements

ADVENT TECHNOLOGIES HOLDINGS, INC.

CONDENSED CONSOLIDATED BALANCE SHEETS

( Amounts in USD thousands, except share and per share amounts)

As of September 30, 2024

December 31, 2023 (Unaudited) ASSETS Current assets: Cash and cash equivalents $ 192 $ 3,200 Restricted cash, current - 100 Accounts receivable, net 274 63 Contract assets - 9 Inventories 97 195 Prepaid expenses and Other current assets 861 838 Assets of discontinued operations - 4,430 Total current assets 1,424 8,835 Non-current assets: Intangibles, net 77 79 Property and equipment, net 5,310 20,086 Right-of-use assets 279 3,157 Restricted cash, non-current - 750 Other non-current assets 239 242 Available for sale financial asset - - Assets of discontinued operations - 1,588 Total non-current assets 5,905 25,902 Total ass

--> You can ask for 1) More of this item with: MOR, 2) the NEXt section with: NEX, or 3) a different item by it's handle (ex. C3, S2) (only 3 chars don't summarize yet)

ADN_OUT_17 [2025-04-04 06:37:21 -0400] 1098 Bytes | 293 tokens | Cum: 3582 tkns (44.77% of 8k)
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Showing S1 (chunk 2 of 6): ets $ 7,329 $ 34,737 LIABILITIES AND STOCKHOLDERS EQUITY Current liabilities: Trade and other payables $ 16,420 $ 3,996 Due to related parties 253 - Deferred income from grants, current - 523 Contract liabilities 1,230 414 Loss contingency liabilities 5,162 - Other current liabilities 1,785 1,035 Operating lease liabilities 111 2,138 Income tax payable 183 179 Liabilities of discontinued operations - 3,628 Total current liabilities 25,144 11,913 Non-current liabilities: Bonds and other long-term debt, net - - Warrant liability - 59 Long-term operating lease liabilities 159 8,218 Defined benefit obligation 99 83 Deferred income from grants, non-current - 320 Other long-term liabilities 1 1 Liabilities of discontinued operations - 695 Total non-current liabilities 259 9,376 Total liabilities 25,403 21,289 Commitments and contingent liabilities Stockholders equity Common stock ($ 0.0001 par

--> You can ask for 1) More of this item with: MOR, 2) the NEXt section with: NEX, or 3) a different item by it's handle (ex. C3, S2) (only 3 chars don't summarize yet)

ADN_OUT_19 [2025-04-04 06:37:32 -0400] 4793 Bytes | 1305 tokens | Cum: 5032 tkns (62.90% of 8k)
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This is our set of metrics.
Please analyze the numbers.

+--------------------+-----------------------+------------------------+-----------------------+
| Volume: 15,956 | Perf Month: -31.11% | Option/Short: No / Yes | Sales Y/Y TTM: 10.92% |
+--------------------+-----------------------+------------------------+-----------------------+
| Avg Volume: 19.60K | Perf Quarter: -38.00% | Short Float: 2.32% | ROE: -771.66% |
+--------------------+-----------------------+------------------------+-----------------------+
| Rel Volume: 0.81 | Index: - | Short Ratio: 2.98 | ROI: - |
+--------------------+-----------------------+------------------------+-----------------------+
| RSI (14): 26.93 | Market Cap: 8.17M | Short Interest: 0.06M | Sales Surprise: - |
+--------------------+-----------------------+------------------------+-----------------------+
| ATR (14): 0.48 | Shs Outstand: 2.64M | Beta: 0.69 | EPS Surprise: 22.35% |
+--------------------+-----------------------+------------------------+-----------------------+
| SMA20: -31.87% | Shs Float: 2.52M | Sales Q/Q: -89.87% | P/E: - |
+--------------------+-----------------------+------------------------+-----------------------+
| SMA50: -35.89% | Inst Own: 6.46% | Sales past 5Y: - | Earnings: - |
+--------------------+-----------------------+------------------------+-----------------------+
| SMA200: -24.37% | Insider Own: 4.44% | Employees: - | |
+--------------------+-----------------------+------------------------+-----------------------+
| Perf Week: -35.55% | Insider Trans: 0.00% | Debt/Eq: - | |
+--------------------+-----------------------+------------------------+-----------------------+

The next section covers any insider trading if any are accessible.

[Company Financial Summary]
[Company Details]
Name: N/A
Market Cap: N/A
Shares Outstanding: N/A
Sector: N/A

[Financial Statements - Latest Quarter]
Total Assets: N/A
Total Liabilities: N/A
Total Equity: N/A
Revenue (Quarter): {'value': 128000, 'unit': 'USD', 'label': 'Revenues', 'order': 100}
Net Income: {'value': -18522000.0, 'unit': 'USD', 'label': 'Net Income/Loss', 'order': 3200}
Earnings Per Share (EPS): N/A

[Price Metrics - Last 30 Days]
Latest Close: 3.1
Average Volume: 17671.64
30-Day High: 5.4
30-Day Low: 3.1

[Detailed Financials: Q3 2024]
- Total Assets: $7,329,000.0
- Total Liabilities: $25,403,000.0
- Total Equity: $-18,074,000.0
- Current Assets: $1,424,000.0
- Current Liabilities: $25,144,000.0

[Income Statement: Q3 2024]
- Revenue: $128,000.00
- Net Income: N/A
- Gross Profit: N/A
- Operating Income: N/A
- Earnings Per Share (EPS): -7.03

[Cash Flow Statement: Q3 2024]
- Net Cash Flow: $7,646,000.0

[Detailed Financials: Q2 2024]
- Total Assets: $14,369,000.0
- Total Liabilities: $17,248,000.0
- Total Equity: $-2,879,000.0
- Current Assets: $6,915,000.0
- Current Liabilities: $15,779,000.0

[Income Statement: Q2 2024]
- Revenue: $805,000.00
- Net Income: N/A
- Gross Profit: N/A
- Operating Income: N/A
- Earnings Per Share (EPS): -4.28

[Cash Flow Statement: Q2 2024]
- Net Cash Flow: $-3,741,000.0
==== END OF FINANCIAL REPORT ====

You are now requested to make a summary analysis.
Do not say you lacked information. Save that for the final survey.

Now complete this report with the following:

1) Brief Summary: Explain your findings in one well-worded paragraph.

2) MARKET_SCORE: Estimate a number between 1 and 100 to represent the likelihood of an upward price move over the next day, week, or longer. Use the format: MARKET_SCORE[XX]
Weigh all relevant data —- news, SEC filings, fundamentals, and metrics —- and assign each element appropriate weight to calculate a general MARKET_SCORE[XX].
This score should be grounded in objective reasoning and guided by your analytical judgment.
XX must be a whole number between 1 and 100.

3) PRICE_TARGET: The current price of {ticker} is {current_price}.
If you believe it’s likely to rise, calculate a reasonable new price target.
For example, if you expect a 50% increase, say: PRICE_TARGET[{increased_price}]
You are encouraged to reference prior price performance when making this estimate.

4) AI_RPT_HEADLINE: Provide a thought-provoking headline (8–12 words) summarizing the situation.
Examples:
- AI_RPT_HEADLINE[{co_name} makes news with FDA approval fueling high investor optimism]
- AI_RPT_HEADLINE[Declining sales plague {ticker}, worsening an already negative outlook]

Return only:
1) Brief Summary
2) MARKET_SCORE[]
3) PRICE_TARGET[]
4) AI_RPT_HEADLINE[]

ADN_OUT_21 [2025-04-04 06:37:35 -0400] 687 Bytes | 169 tokens | Cum: 5454 tkns (68.17% of 8k)
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Finally, if more data could have improved your confidence which would you have chosen? **Choose one option:**
-> X0 <- Nothing more would have helped my analysis
-> X1 <- More news listings
-> X2 <- More SEC filing extractions (10-K, 10-Q, 8-K) Financials, risk disclosures, and business changes
-> X3 <- More SEC Insider trading extractions (Form 3, 4, 5) Direct buys/sells from executives and institutions
-> X4 <- Broader sector & market news
-> X5 <- Your past analysis on similar companies (specify metrics)
-> X6 <- More financial metrics
-> X7 <- Your past analysis on this company
-> X8 <- Something altogether different (explain...)

ADN_IN_23 [2025-04-04 06:37:36 -0400] 126 Bytes | 29 tokens | Cum: 5553 tkns (69.41% of 8k)
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====================================
[2025-04-04 06:37:36] # Analysis Completed
Elapsed Time: 50.60 seconds