374Water FY2025 revenue $0.2M, net loss $21.0M; CEO outlines turnaround

374Water Inc.

2026-Q1 EPS reported -$0.26 revenue$551,155

Revenue fell to $0.2M from $0.4M; net loss widened to $21.0M from $12.4M.
Cash and equivalents dropped to $3.2M from $10.7M; working capital at $1.7M.
Operating expenses rose 58% to $18.8M on headcount growth and $1.8M stock-based comp.
New CEO Danny Bogar implementing cost cuts, capital discipline, and AirSCWO deployment.
2026 milestones: deploy to OC San, build Orlando hub, scale AirSCWO to higher throughput.

item 2.02 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 the full year ended December 31, 2025 results: revenue $0.2 million.

Period: the full year ended December 31, 2025
Revenue: $0.2 million
Result: reported results

Exact text from the filing

with clear operational milestones, commercial traction, strategic relationships, and execution.” 2025 Financial Summary · For the year ended December 31, 2025, revenue totaled $0.2 million, compared to $0.4 million in the prior year. The $0.2 million decrease in revenue is primarily due to a decrease in equipment revenue of $1.9 million offset by an increase in

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Source: SEC EDGAR

accession 0001654954-26-003100

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