374Water Q1 revenue down 61% to $315k; new CEO outlines strategic plan

374Water Inc.

2025-Q1 EPS reported -$0.02 vs consensus -$0.02 ▲ beat (+2.0%)

Revenue $315k vs $801k YoY (-61%); operating expenses $1.9M vs $1.8M.
Working capital $11.7M as of March 31, 2024; company aims to extend runway.
New CEO Chris Gannon appointed April 23; focuses on product development, commercialization, go-to-market.
AirSCWO 6 unit deployment expected 2024 for City of Orlando; progress on Orange County Sanitation District.

item 2.02 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

374Water Inc. reported first quarter ended March 31, 2024 results: revenue $315,000.

Period: first quarter ended March 31, 2024
Revenue: $315,000
Result: reported results

Exact text from the filing

For the three-month period ended March 31, 2024, the Company generated revenue of $315,000 which compares to $801,000 for the three months ending March 31, 2023, a 61% decrease.

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374Water Inc. filing history →

Source: SEC EDGAR

accession 0001654954-24-006546

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