---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-23-003101"
form_type: "8-K"
ticker: "SCWO"
cik: "0000933972"
company_name: "374Water Inc."
filed_at: "2023-03-17T23:59:59+00:00"
generated_at: "2026-06-18T00:02:12.829951+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# 374Water reports 2022 revenue $3.02M, up 6,169% YoY; net loss widens to $4.7M

## Summary
- Revenue for 2022 was $3.02M, up 6,169% from $48.1K in 2021, driven by first AirSCWO system sale.
- Net loss of $4.7M ($0.04 per share) compared to $3.2M loss ($0.03/share) in 2021.
- Total cash and investments $6M as of Dec 31, 2022, down from $11.1M; current assets $8.7M, current liabilities $1.6M.
- First municipal-scale AirSCWO system substantially completed for Orange County Sanitation District; installation expected summer 2023.
- Selected by US Navy and Air Force for PFAS destruction projects; MOU with Forever Water Ecuador and partnership in Australia.

## SEC filing metadata
- accession: 0001654954-23-003101
- form_type: 8-K
- ticker: SCWO
- cik: 0000933972
- company_name: 374Water Inc.
- filed_at: 2023-03-17T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/933972/000165495423003101/0001654954-23-003101-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/933972/000165495423003101/scwo_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-23-003101
- JSON: https://secwatch.observer/filing/0001654954-23-003101.json
- Plain text: https://secwatch.observer/filing/0001654954-23-003101.txt

## Key facts
- Earnings Releases
  374Water Inc. reported the year ended December 31, 2022 results: revenue $3.02 million, net income $4.7 million, EPS $(0.04) per basic and diluted share.
  - Period: the year ended December 31, 2022
  - Revenue: $3.02 million
  - Net income: $4.7 million
  - EPS: $(0.04) per basic and diluted share
  - Result: reported results
  source text: Revenue for 2022 was $3.02 million compared to $48,100 in 2021, an increase of 6,169%.
  evidence_url: https://www.sec.gov/Archives/edgar/data/933972/000165495423003101/0001654954-23-003101-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.