earnings
confidence high
sentiment negative
materiality 0.60
374Water Q2 revenue falls 26% YoY to $37k; appoints Peter Mandel as General Counsel
374Water Inc.
2025-Q2 EPS
reported -$0.04
vs consensus -$0.02
▼ miss
(-96.1%)
- Q2 2024 revenue of $37k, down 26% from $50k in Q2 2023; six-month revenue $352k, down 59% from $851k.
- Operating expenses rose to $4.9M in H1 2024 from $3.5M in H1 2023, driven by R&D and professional fees.
- Working capital $7.2M with no outstanding debt as of June 30, 2024.
- AirSCWO system deployed to Orlando Iron Bridge facility for biosolids and PFAS testing.
- Peter Mandel appointed General Counsel effective August 19, 2024, bringing public company and M&A experience.