---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-23-005947"
form_type: "8-K"
ticker: "SCWO"
cik: "0000933972"
company_name: "374Water Inc."
filed_at: "2023-05-09T23:59:59+00:00"
generated_at: "2026-06-15T11:38:09.073877+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# 374Water Q1 2023 revenue rises 193% to $801k; working capital nearly doubles

## Summary
- Revenue $801k, up 193% YoY from $273k; gross profit increased 222%.
- Working capital rose to $14.0M from $7.1M at Dec 31, 2022 via ATM equity issuances.
- R&D spend $356k (up from $186k) and compensation $719k (up from $301k) as company scales.
- AirSCWO demonstration event attracted over 400 attendees, including 200+ potential customers from 10+ countries.
- First commercial unit (Ana) set for deployment in Orange County, CA later in 2023.

## SEC filing metadata
- accession: 0001654954-23-005947
- form_type: 8-K
- ticker: SCWO
- cik: 0000933972
- company_name: 374Water Inc.
- filed_at: 2023-05-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/933972/000165495423005947/0001654954-23-005947-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/933972/000165495423005947/scwo_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-23-005947
- JSON: https://secwatch.observer/filing/0001654954-23-005947.json
- Plain text: https://secwatch.observer/filing/0001654954-23-005947.txt

## Key facts
- Earnings Releases
  374Water Inc. reported the quarter ended March 31, 2023 results: revenue $801,000.
  - Period: the quarter ended March 31, 2023
  - Revenue: $801,000
  - Result: reported results
  source text: Revenue for the quarter ended March 31, 2023 was $801,000, compared to $273,000 for the same period in 2022, an increase of 193%.
  evidence_url: https://www.sec.gov/Archives/edgar/data/933972/000165495423005947/0001654954-23-005947-index.htm

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