---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-23-014176"
form_type: "8-K"
ticker: "SCWO"
cik: "0000933972"
company_name: "374Water Inc."
filed_at: "2023-11-13T23:59:59+00:00"
generated_at: "2026-06-08T05:58:55.486368+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# 374Water Q3 revenue down 99% YoY to $12k; working capital $16.3M; appoints new COO

## Summary
- Q3 2023 revenue $12,000 vs $923,000 in Q3 2022 (down 99%); 9-month revenue $864,000 vs $2.226M (down 61%).
- Working capital $16.278M at Sep 30, 2023 vs $7.061M at Dec 31, 2022; total operating expenses $1.716M for Q3 vs $1.023M.
- Brad Meyers appointed COO effective Nov 6, 2023; granted options for 400,000 shares at $1.42 strike, vesting over 3 years.
- First AirSCWO 6 deployment to Orange County Sanitation District delayed to early 2024; FAT completed for dewatering skid.
- Received LCCMR funding for PFAS study; Genesis unit deployment anticipated in 2024.

## SEC filing metadata
- accession: 0001654954-23-014176
- form_type: 8-K
- ticker: SCWO
- cik: 0000933972
- company_name: 374Water Inc.
- filed_at: 2023-11-13T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/933972/000165495423014176/0001654954-23-014176-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/933972/000165495423014176/scwo_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-23-014176
- JSON: https://secwatch.observer/filing/0001654954-23-014176.json
- Plain text: https://secwatch.observer/filing/0001654954-23-014176.txt

## Key facts
- Earnings Releases
  374Water Inc. reported quarter ended September 30, 2023 results: revenue $12,000.
  - Period: quarter ended September 30, 2023
  - Revenue: $12,000
  - Result: reported results
  source text: Revenue for the quarter decreased 99% to $12,000, compared to last year's quarter of $923,000.
  evidence_url: https://www.sec.gov/Archives/edgar/data/933972/000165495423014176/0001654954-23-014176-index.htm
- Executive change
  Brad I. Meyers was appointed as Chief Operating Officer at 374Water Inc..
  - Action: appointed
  - Role: Chief Operating Officer
  source text: Effective as of November 6, 2023, the Company appointed Brad I. Meyers as its Chief Operating Officer (“ COO ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/933972/000165495423014176/0001654954-23-014176-index.htm

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