Every 10-Q that 374Water Inc. (SCWO) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow SCWO and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full SCWO filings page.
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 (SCWO) reported Q3 2025 results and flagged going concern risk. Revenue rose to $760,417 in the quarter, driven mostly by service work, with year‑to‑date revenue at $1,898,484. Gross margin for Q3 was $212,632, but higher operating costs led to a quarterly net loss of $4,349,024 and a nine‑month net loss of $12,627,886.
Cash fell to $933,328 from $10,651,644 at year‑end, and working capital was $1,904,259. Management disclosed “substantial doubt” about continuing as a going concern and said additional financing is needed. The company sold 7,804,130 shares via its $15.1 million ATM program for $1,916,000 net in the first nine months, then sold 14,987,668 more shares after quarter‑end for $6,991,004 net. It also issued a $600,000 short‑term secured note due January 2, 2026, and repurchased 6,000,000 warrants for $649,980.
Operationally, the City of Orlando demo contract totals $812,000, with one milestone recognized at $270,667. Unbilled receivables were $2,155,622. Shares outstanding were 154,261,131 at September 30, 2025 and 169,248,799 as of November 12, 2025.