{"schema_version":"secwatch.filing_event.v1","accession":"0001654954-24-003956","form_type":"8-K","ticker":"SCWO","cik":"0000933972","company_name":"374Water Inc.","filed_at":"2024-03-29T23:59:59+00:00","discovered_at":"2026-05-14T18:03:27.347745+00:00","generated_at":"2026-06-04T05:39:05.893410+00:00","sec_items":["2.02","8.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"374Water FY2023 revenue falls 75% to $744K; operating expenses rise to $7.5M","bullets":["Revenue of $744K for FY2023, down 75% from $3.02M in FY2022, as focus shifted to deployment of sold unit and customer relationships.","Total operating expenses increased 48% to $7.5M due to higher compensation and G&A, including workforce growth and marketing.","Working capital at Dec 31, 2023 was $13.5M, up from $7.1M YoY, providing sufficient capital for operations.","New contract with City of Orlando for AirSCWO 6 deployment at Iron Bridge facility: 400 metric tons sludge/month, $812K fee, expected H2 2024.","Collaboration with DIU, Arcadis, Clean Earth to advance PFAS remediation for defense sites; Orange County Sanitation deployment still expected H1 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001654954-24-003956","json":"https://secwatch.observer/filing/0001654954-24-003956.json","markdown":"https://secwatch.observer/filing/0001654954-24-003956.md","text":"https://secwatch.observer/filing/0001654954-24-003956.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/933972/000165495424003956/0001654954-24-003956-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/933972/000165495424003956/scwo_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T05:39:05.893410+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"43d885c01710d0c68985847a1652d6d9ddf2dbf2","claim":"374Water Inc. reported the fourth quarter and year ended December 31, 2023 results: revenue $744,000.","evidence_excerpt":"For the twelve month period ended December 31, 2023, the Company generated revenue of $744,000 which compares to $3,016,000 for the twelve months ending December 31, 2022, a 75% decrease.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/933972/000165495424003956/0001654954-24-003956-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter and year ended December 31, 2023"},{"label":"Revenue","value":"$744,000"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}