FY2025 · ended Dec 31, 2025 · Revenue $215,037, -51.7% YoY · Filed Mar 31, 2026
374WATER Inc. (SCWO) files with the SEC under industry code 3621, Motors & Generators. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $215,037 and a net loss of $21.0 million. Free cash flow was -$16.2 million. As of Jun 30, 2026 it held $1.8 million in cash and investments and $1.3 million in total debt.
Revenue (TTM)
$1.89M
+53.5% vs year-ago TTM
Net income (TTM)
$-19.96M
-26.7% vs year-ago TTM
Operating cash flow (TTM)
$-9.00M
+32.2% vs year-ago TTM
Free cash flow (TTM)
$-11.84M
+16.0% vs year-ago TTM
EPS (TTM)
$-1.19
Dividend per share
None
Shares outstanding
17.44M
-87.9% vs prior year
Net cash
$447,012
as of Jun 30, 2026
Operating margin
-1002.2%
FY 2026
Company profile
- Industry
- Motors & Generators (SIC 3621)
- Listed as
- SCWO (Nasdaq)
- Fiscal year ends
- December 31
- Incorporated in
- DE
- Headquarters
- Durham, NC
- SEC filer status
- Non-accelerated filer, Smaller reporting company
- SEC CIK
- 933972
- Former names
- POWERVERDE, INC. (until May 11, 2021); VYREX CORP (until Aug 19, 2008)
Other Motors & Generators companies
- Innio N.V. INIO
- Generac Holdings Inc. GNRC
- Franklin Electric Co Inc FELE
- American Superconductor Corp /DE/ AMSC
- Tian'an Technology Group Ltd TANAF
- Erayak Power Solution Group Inc. RAYA
- Alstom AOMFF
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $215,037 | $445,445 | $743,952 | $3.0M | $48,100 |
| Operating income | -$21.1M | -$12.8M | -$8.6M | -$4.8M | -$3.2M |
| Net income | -$21.0M | -$12.4M | -$8.1M | -$4.7M | -$3.2M |
| Diluted EPS | -$1.38 | -$0.92 | — | — | — |
| Operating cash flow | -$14.3M | -$10.6M | -$9.0M | -$4.9M | -$1.8M |
| Free cash flow | -$16.2M | -$11.1M | -$9.1M | -$5.1M | -$1.8M |
| Total assets | $11.4M | $19.2M | $16.1M | $9.9M | $12.4M |
| Total liabilities | $4.7M | $3.7M | $1.4M | $1.7M | $86,371 |
| Stockholders' equity | $6.7M | $15.5M | $14.7M | $8.3M | $12.3M |
| Cash and investments | $3.2M | $10.7M | $10.4M | $6.0M | — |
| Total debt | $710,718 | $652,696 | — | — | — |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 8-K |
Current report
Regulation FD disclosure
|
Oct 29, 2026 | Oct 29, 2026 |
| 8-K |
Current report
Bylaw or fiscal year change, Shareholder vote results
|
Sep 30, 2026 | Sep 25, 2026 |
| 8-K |
Current report
Results of operations
|
Aug 18, 2026 | Aug 18, 2026 |
| 10-Q | Quarterly report | Aug 14, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Results of operations
|
Aug 11, 2026 | Aug 11, 2026 |
| 8-K |
Current report
Officer or director change
|
Jul 8, 2026 | Jul 1, 2026 |
All 484 374WATER Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.