secwatch.observer — SEC 8-K summary
======================================

Issuer:     374Water Inc. (SCWO)
CIK:        0000933972
Form:       8-K
Filed at:   2023-08-09T23:59:59+00:00
Accession:  0001654954-23-010334
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

374Water Q2 revenue falls 95% to $50K; first commercial AirSCWO shipment on track for November
--------------------------------------------------------------------------------

- Q2 revenue $50,000 vs $1,031,000 a year ago; six-month revenue $851,000 (-35% YoY).
- Operating expenses rose 32% in Q2 to $1,774,000 on higher compensation and marketing.
- Working capital increased to $17.82M from $7.06M at year-end 2022.
- First commercial AirSCWO unit (ANA) to Orange County Sanitation District expected to begin ops Nov 2023.
- Formed exclusive partnership with Environmental Group Limited for AirSCWO in Australia & New Zealand.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/933972/000165495423010334/0001654954-23-010334-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/933972/000165495423010334/scwo_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-23-010334

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer