Welcome to our dedicated page for 374Water SEC filings (Ticker: SCWO), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
374Water Inc. filings document material events for a cleantech environmental services company built around AirSCWO™ waste-destruction technology. Recent reports cover business updates tied to Waste Destruction Services, PFAS and organic-waste treatment activity, municipal facility licensing, operating results and the company’s commercial deployment strategy.
The filing record also discloses governance and capital-structure matters, including executive appointments, employment and compensation arrangements, board appointments, committee assignments, equity incentive awards under the 2021 Equity Incentive Plan, and officer changes. These disclosures connect formal reporting to the company’s AirSCWO operations, leadership structure and public-company governance.
374Water Inc. (SCWO) is asking stockholders to vote at a virtual 2026 annual meeting on September 18, 2026, at 10:00 a.m. Eastern. Holders of 17,493,924 common shares as of July 31, 2026 may vote, one vote per share.
Stockholders will elect six incumbent directors for one-year terms, including CEO Daniel Bogar’s leadership team member CFO-director Charles Weiser and four directors the Board classifies as independent. The Board also seeks approval to amend the certificate of incorporation to reduce authorized common stock from 1,000,000,000 to 75,000,000 shares and to revise the director and officer exculpation provision to match Section 102(b)(7) of the DGCL, which the company states is intended in part to moot pending litigation over the existing clause.
Cherry Bekaert LLP is up for ratification as independent auditor for 2026. The proxy details 2025 director and executive equity-heavy compensation, significant insider and founder ownership (one holder at 18.06% of shares), an at-the-market facility overseen by a pricing committee, and $2.96 million of 10% convertible notes (with warrants) purchased in part by three directors.
374Water Inc. (SCWO) reported sharply higher results for the quarter ended June 30, 2026 as it begins converting commercial milestones into revenue. Quarterly revenue was $2.26 million, up about 280% from roughly $0.6 million in Q2 2025, largely tied to completing the Orange County Sanitation District Factory Acceptance Test, which allowed recognition of about $2.0 million of revenue.
Gross profit rose to $1.98 million with a strong 87% gross margin, compared with a gross deficit of about $0.3 million and a negative gross margin of roughly -46% a year earlier. Operating expenses fell to $3.6 million from $4.3 million, reducing operating loss to $1.6 million from $4.6 million, and net loss to $2.7 million ($0.15 per share) from $4.6 million ($0.32 per share). For the first six months of 2026, cash used in operations declined to $2.3 million from $7.6 million, and cash and equivalents were $1.8 million at period-end. The company highlighted a remaining $2.6 million of contract value at OC San, an approximately $600,000 deployment in St. Cloud nearing completion, a WDS hub in Orlando, and third-party validation including >99.9% PFAS destruction in U.S. Department of Defense testing.
374Water Inc. is asking stockholders at the virtual 2026 annual meeting on September 18, 2026 to approve several governance items. Stockholders will vote on electing six incumbent directors, including CEO Daniel Bogar and CFO Charles Weiser as board members.
The company seeks approval to amend its certificate of incorporation to reduce authorized common shares from 1,000,000,000 to 75,000,000, and to revise its director and officer exculpation provision so it expressly conforms to Section 102(b)(7) of the Delaware General Corporation Law. This change is described as intended to moot a pending stockholder class action challenging the existing exculpation language. Stockholders are also asked to ratify Cherry Bekaert LLP as independent auditor for fiscal 2026.
The proxy describes board structure and committee composition, director and executive compensation, and significant related-party financings, including $2.96 million of convertible notes issued in 2026 at 10% interest, convertible at $3.00 per share with associated warrants at $4.50, some purchased by current directors. As of April 30, 2026, 17,777,731 common shares were outstanding, with co-founder Marc Deshusses and other insiders holding notable stakes.
374Water Inc. reported sharply higher June 30, 2026 results as commercialization of its AirSCWO waste-destruction units progressed. Revenue for the quarter rose to $2.26 million from $0.59 million, largely from recognizing about $2.0 million of previously constrained equipment revenue on the OC San contract after passing a factory acceptance test. Six‑month revenue was $2.81 million versus $1.14 million.
Despite higher revenue and lower operating costs, the company remained unprofitable, posting a six‑month net loss of $7.27 million. Operating cash outflow improved to $2.30 million, but cash declined to $1.78 million, and management disclosed substantial doubt about continuing as a going concern without additional financing. To bolster liquidity, 374Water issued $2.96 million of 10% convertible notes, secured by substantially all assets and paired with warrants, and billed $2.30 million under a new $4.88 million Olathe (Garney) equipment contract, recorded as long‑term unearned revenue.
At June 30, 2026, total assets were $13.0 million, liabilities $10.0 million, and stockholders’ equity $3.0 million. Results also reflect high customer concentration, significant stock‑based compensation, a recent reverse stock split, and new leadership and facilities investments to support scaling AirSCWO deployments.
374Water Inc. reported preliminary second quarter 2026 revenue that exceeded $2, driven largely by revenue recognized after a Factory Acceptance Test for Orange County Sanitation District (OC San). Preliminary first half 2026 revenue was approximately $2, more than double the $1 reported in the same period of 2025.
The company advanced multiple municipal and federal projects, including completing the OC San Factory Acceptance Test, receiving an order for $4 from Olathe, KS, and progressing a $600,000 pilot in St. Cloud, MN. Its Orlando Waste Destruction Services hub now has about 88,000 gallons of waste storage capacity and is intended as a scalable recurring-revenue platform. 374Water also entered a strategic MOU with Arcadis targeting federal PFAS destruction projects and highlighted remaining OC San contract potential of $1.1 million in revenue and $2.6 million in billings as milestones are completed. Leadership changes include appointing Charles “Chuck” Weiser as Chief Financial Officer and adding Richard “Rick” Davis to the Board.
374Water Inc. is establishing an at-the-market equity program under a shelf registration, allowing sales of up to $50,000,000 of common stock through Robert’s & Ryan Inc. as sales agent. Robert’s & Ryan will receive a commission of up to 3.0% of gross proceeds and is deemed an underwriter.
The company’s public float is approximately $27,000,000, and sales under this Form S-3 are limited by the “baby shelf” rule to no more than one-third of that value in any 12-month period while float remains below $75 million. Based on an assumed price of $2.45 per share, the company illustrates selling 20,408,163 shares, which would increase shares outstanding from 17,718,161 to up to 38,126,324 shares.
As of June 30, 2026, historical net tangible book value was $0.12 per share; on the illustrative full use of this ATM, as-adjusted net tangible book value would rise to $1.33 per share, implying dilution of $1.12 per share to new investors at the assumed offering price. Net proceeds are intended for working capital and general corporate purposes.
374Water Inc. reported that Chief Financial Officer Charles Maurice Weiser received new equity awards as part of his compensation. He was granted 125,000 restricted stock units and stock options for 150,000 shares of common stock at an exercise price of $2.16 per share on July 1, 2026. Both the RSUs and options vest 25% on the grant date and the remaining 75% in 12 equal quarterly installments starting October 1, 2026, aligning his incentives with the company’s long-term performance.
374Water Inc. appointed Charles Weiser as Chief Financial Officer effective July 1, 2026, under a new employment agreement. He will initially serve without base salary until September 1, 2026, after which he will receive an annual base salary of $225,000.
Weiser is eligible for an annual performance bonus of up to 75% of base salary, pro-rated for 2026 and payable only if the company is properly capitalized. He will receive a one-time $25,000 signing bonus, also contingent on capitalization, and equity awards of 150,000 stock options and 125,000 RSUs with partial immediate vesting and quarterly vesting thereafter.
The agreement provides for partial and then full accelerated vesting upon certain change-of-control and termination scenarios, plus six months of salary and benefits if terminated without Cause or for Good Reason. Interim CFO Adrienne Anderson resigned from that role and will continue as a financial consultant focused on SEC reporting and corporate finance.
374Water Inc. Chief Operating Officer Brad Ian Meyers reported selling common shares in the open market. The Form 4 shows two non-derivative transactions: an open-market sale of 9,000 shares of common stock at $2.46 per share and a separate open-market sale of 9,831 shares at $2.33 per share, for a total of 18,831 shares sold. The filing also lists his remaining direct common stock holdings after these transactions.