Highest-materiality recent filing
374Water Q1 revenue flat at $551K; gross margin jumps to 63% from 25% YoY; advances key contracts
Revenue $551,155 (flat YoY); gross margin 63% vs 25% – 38 percentage point improvement.
374Water finalizes employment agreement with CEO Daniel Bogar; $225K salary, equity grants
Annual base salary of $225,000; target bonus up to 100% of salary for 2026 based on operational and strategic objectives.
374Water releases new investor presentation, highlights $450B+ market and strategic partnerships
CEO Danny Bogar appointed Feb 2026; new independent directors added to board.
374Water reappoints Richard H. Davis to Board of Directors, effective April 10, 2026
Davis previously served on board from Feb 2008 to June 2025; was CEO of predecessor PowerVerde.
374Water FY2025 revenue $0.2M, net loss $21.0M; CEO outlines turnaround
Revenue fell to $0.2M from $0.4M; net loss widened to $21.0M from $12.4M.
374Water receives Orlando license for waste destruction; OC San project delayed to 2026
Approved 5-year license with City of Orlando for Waste Destruction Services at Iron Bridge facility.
374Water CFO terminated in restructuring; appoints Adrienne Anderson as Interim CFO
Russell Kline's employment as CFO terminated effective March 2, 2026 as part of company restructuring.
374Water assigns Stephen McKnight to Nominating/CG and Compensation committees
Stephen McKnight appointed to Nominating and Corporate Governance Committee effective Feb 23, 2026.
374Water appoints Danny Bogar as permanent CEO, adds three new board members
Danny Bogar appointed President and CEO effective Feb 23, 2026; base salary $225K/yr plus $50K signing bonus.
374Water appoints Stephen McKnight to board; audit committee falls below Nasdaq requirement
Director James Vanderhider resigned Feb 4, 2026 effective immediately; not due to disagreement.
374Water director Stephen J. Jones resigns from board, remains CEO
Stephen J. Jones resigned from the Board on January 21, 2026 to focus on his role as Interim CEO and President.
374Water regains Nasdaq minimum bid price compliance, delisting risk removed
Received Nasdaq notice on Jan 12, 2026 confirming compliance with Bid Price Rule 5550(a)(2).
374Water appoints Bradley Freels to board; director Penn resigns; Freels exploring financing
Bradley Freels appointed to Board and compensation committee effective Jan 5, 2026.
374Water appoints Charles Weiser to Board of Directors, effective December 29, 2025
Weiser, 67, appointed to fill Board vacancy and serve on audit committee.
Deanna Rene Estes to resign as director after certification of reverse stock split approval at Dec 15 special meeting.
374Water stockholders approve 1-for-10 reverse stock split effective Dec 26, 2025
Stockholders voted 99,559,608 for, 30,352,738 against, 1,411,103 abstain.
374Water Q3 revenues up to $0.8M; net loss widens to $4.3M; FY25 revenue ~$4M guided
Q3 2025 revenue of $760K vs $81K YoY, driven by service revenue (+$643K) and equipment sale ($36K).
374Water ex-General Counsel Peter Mandel receives $150K severance, $25K/month consulting
Mandel stepped down as General Counsel Oct 8, 2025; separation agreement dated Oct 20, 2025.
374Water CEO Christian Gannon steps down; director Stephen Jones named Interim CEO
Christian Gannon stepped down as President and CEO effective Oct 8, 2025; separation details to be filed via 8-K/A.
374Water Q2 rev $600k, net loss $4.6M; PFAS destruction milestones
Revenue $600k vs $37k YoY; net loss widened to $4.6M from $2.9M.
374Water granted 180-day Nasdaq extension until Jan 12, 2026 to meet $1.00 bid price
Company received Nasdaq deficiency notice Jan 15, 2025 for bid price below $1.00 for 30 consecutive days.
374Water assigns Stephen Jones to Nominating and Compensation Committees
Board appointed Stephen Jones to Nominating and Corporate Governance Committee and Compensation Committee.
374Water stockholders approve 5x increase in authorized shares to 1B, equity plan amendments
Authorized common stock increased from 200M to 1B shares via Charter Amendment effective June 11, 2025.
New ATM with Lake Street Capital Markets allows up to $15.1M in gross proceeds from common stock sales, capped at 28.7M shares.
374Water Q1 net loss widens to $3.7M on higher costs; revenue $0.5M
Revenue $0.5M vs $0.3M in prior year; net loss $3.7M vs $2.0M.
374Water appoints Stephen Jones to Board of Directors, effective April 14, 2025
Stephen Jones, former CEO of Covanta Holding (2015-2020), appointed to 374Water's Board.
374Water FY2024 revenue $0.4M, net loss $12.4M; wins NC AFFF contract, deploys AirSCWO units
Revenue fell to $0.4M from $0.7M; net loss widened to $12.4M from $8.1M.
374Water fails Nasdaq independent director rule; cure period until March 9, 2026
Company notified Nasdaq on March 13, 2025 it lacks a majority of independent directors per Listing Rule 5605(b)(1).
374Water receives Nasdaq deficiency notice for bid price below $1; has until July 14, 2025 to comply
Received Nasdaq deficiency letter on Jan 15, 2025 for bid price below $1 for 30 consecutive days.
374Water appoints Russell Kline as CFO; Anderson resigns, director Merrell resigns
Russell Kline appointed CFO effective Dec 16, 2024; salary $300k, signing bonus $10k, 50% target bonus.
374Water prices $12.2M registered direct offering of common stock and warrants
Sale of 9,783,496 common shares and 14,675,244 warrants at $1.25 per unit; warrants exercisable at $1.125 for 5 years.
374Water Q3 revenue up 575% to $81k; AirSCWO operational in Orlando; plans stock offering
Q3 2024 revenue $81k (up 575% YoY); nine-month revenue $434k (down 50% YoY).
374Water Q2 revenue falls 26% YoY to $37k; appoints Peter Mandel as General Counsel
Q2 2024 revenue of $37k, down 26% from $50k in Q2 2023; six-month revenue $352k, down 59% from $851k.
374Water Inc. adopts new investor presentation; no specific financial updates disclosed
Investor presentation dated August 14, 2024, now in use by the company.
374Water names Christian Gannon CEO; Jeffrey Quick departs as interim CEO
Christian Gannon, age 52, appointed President and CEO effective April 22, 2024.
374Water white paper shows >99.999% destruction of PFAS in Li-ion battery waste
AirSCWO technology destroyed >99.999% of HQ-115 PFAS additive, reducing from 1B ppt to 34 ppt.
374Water AirSCWO destroys >99.9% of pharma waste in demo; beats incineration
AirSCWO destroyed >99.9% of halogenated solvents and organic wastes in pharmaceutical wastewater demo for a major manufacturer.
374Water to deploy AirSCWO at City of Orlando's Iron Bridge facility for 7-month demo
Orlando treats 45M gallons wastewater daily, produces 300 wet tons Class B biosolids daily.
374Water adopts new investor presentation; specific details not disclosed
On June 28, 2024, 374Water began using a new investor presentation filed as Exhibit 99.1.
374Water stockholders elect all seven director nominees, approve share increase
All seven Board nominees elected at June 13 Annual Meeting; two new directors join: co-founder Marc Deshusses and CEO Chris Gannon.
374Water shareholders elect all board nominees, defeat dissident proposals at annual meeting
Company's seven director nominees elected; stockholder nominees received zero votes.
374Water amends bylaws to authorize chairman to adjourn meetings regardless of quorum
Board amended bylaws on June 7, 2024, effective immediately.
374Water signs employment agreement with COO Meyers; base salary $300k, equity grant of 462k shares
Base salary rises to $300,000/year from $200,000; eligible for annual bonus up to 50% of base.
374Water Q1 revenue down 61% to $315k; new CEO outlines strategic plan
Revenue $315k vs $801k YoY (-61%); operating expenses $1.9M vs $1.8M.
374Water appoints Chris Gannon as CEO; base salary $450K, equity awards of 7.5M shares
Effective April 22, 2024; Gannon receives $450K annual salary with target bonus of 125% of base.
374Water FY2023 revenue falls 75% to $744K; operating expenses rise to $7.5M
Revenue of $744K for FY2023, down 75% from $3.02M in FY2022, as focus shifted to deployment of sold unit and customer relationships.
On April 13, 2025, 374Water Inc. (the “Company”) appointed Stephen Jones to the Company’s Board of Directors, effective April 14, 2025.
appointment of Christian Gannon, age 52, as President and Chief Executive Officer of the Company effective April 22, 2024
Jeffrey Quick will cease to be the interim Chief Executive Officer of the Company on that date.
On April 19 2024, 374Water Inc. (the “ Company ”) entered into an employment agreement with Christian Gannon (the “ Employment Agreement ”), for Mr. Gannon to serve as President and Chief Executive Officer of the Company effective April 22, 2024 (the “ Start Date ”).
Max materiality 0.80 · Median 0.55 · Most common event leadership