secwatch.observer — SEC 8-K summary
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Issuer:     374Water Inc. (SCWO)
CIK:        0000933972
Form:       8-K
Filed at:   2025-03-27T23:59:59+00:00
Accession:  0001654954-25-003427
Event type: earnings
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

374Water FY2024 revenue $0.4M, net loss $12.4M; wins NC AFFF contract, deploys AirSCWO units
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- Revenue fell to $0.4M from $0.7M; net loss widened to $12.4M from $8.1M.
- Operating expenses up 59% to $11.9M on professional fees, G&A, and R&D.
- Cash at Dec 31, 2024: $10.7M; closed $12.2M registered direct offering.
- Awarded NC contract to destroy 1,000 gal AFFF (potential expansion to 28,000 gal).
- Appointed Russell Kline CFO and Raj Melkote CTO; second AS6 unit planned for Orange County, CA.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/933972/000165495425003427/0001654954-25-003427-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/933972/000165495425003427/scwo_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-25-003427

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