secwatch.observer — SEC 8-K summary
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Issuer:     374Water Inc. (SCWO)
CIK:        0000933972
Form:       8-K
Filed at:   2025-05-15T23:59:59+00:00
Accession:  0001654954-25-005744
Event type: earnings
Sentiment:  negative
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

374Water Q1 net loss widens to $3.7M on higher costs; revenue $0.5M
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- Revenue $0.5M vs $0.3M in prior year; net loss $3.7M vs $2.0M.
- Operating expenses $3.9M, up 106% due to stock-based comp, legal fees from litigation settlement, and staffing.
- Cash $6.9M at March 31, 2025, down from $10.7M at Dec 31, 2024; working capital $8.7M.
- Secured contract with North Carolina to destroy PFAS AFFF: 1,000 gallons initially, potential 29,000 gal phase.
- Appointed Raj Melkote CTO, Stephen Jones to board, James Pawloski as advisor and nominee for director.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/933972/000165495425005744/0001654954-25-005744-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/933972/000165495425005744/scwo_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-25-005744

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