secwatch.observer — SEC 8-K summary
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Issuer:     374Water Inc. (SCWO)
CIK:        0000933972
Form:       8-K
Filed at:   2026-05-14T20:52:52+00:00
Accession:  0001654954-26-004906
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

374Water Q1 revenue flat at $551K; gross margin jumps to 63% from 25% YoY; advances key contracts
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- Revenue $551,155 (flat YoY); gross margin 63% vs 25% – 38 percentage point improvement.
- Net loss widened to $4.57M from $3.70M; operating cash burn improved 28% to $2.51M.
- Signed 5-year WDS agreement with City of Orlando; received $2.2M milestone from Garney for Olathe contract ($4.5M total).
- Deployed mobile AirSCWO to St. Cloud, MN for 6-month PFAS campaign; OC San AirSCWO 6 passed factory test.
- WDS facility buildout underway; expects initial monthly revenue $100-200K, scaling to >$400K by late 2027.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/933972/000165495426004906/0001654954-26-004906-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/933972/000165495426004906/scwo_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-26-004906

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