8-K - 374Water, Inc. | StockGist

AI Analysis

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374Water reported full year 2025 revenue of $0.2 million and a net loss of $21.0 million, reflecting a significant increase in operating expenses and a substantial reduction in cash reserves compared to the prior year.

Key Takeaways

1Revenue decreased to $0.2 million from $0.4 million, driven by a $1.9 million reduction in equipment revenue due to an accounting estimate change on the OC San contract.

2Net loss widened to $21.0 million for 2025, up from $12.4 million in the prior year, primarily due to a 58% increase in total operating expenses.

3Cash and cash equivalents dropped significantly to $3.2 million as of December 31, 2025, down from $10.7 million at the end of 2024.

4Working capital fell to $1.7 million as of December 31, 2025, compared to $11.8 million in the prior year period.

5The Company secured an agreement with the City of Olathe, KS for the sale of an AirSCWO system and established a Waste Destruction Services hub in Orlando.

6Total operating expenses rose to $18.8 million, driven by increased compensation, stock-based compensation, and general administrative costs.

Current Report Details

Event Type

Financial Results

Exhibits Only

Disclosure

Mandatory

Variant

8-K

Items Reported

2.02

of this Current Report, including Exhibit 99.1, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “

Financial Results

9.01

Financial Statements and Exhibits.** **(d) Exhibits** | Exhibit No. | | Description | |---|---|---| | 99.1 | | Press Release of 374Water Inc., dated March 31, 2

Exhibits Only

Source Document

Results of Operations

Full Year 2025

Metric	Value	Basis	Prior Period
Revenue	$0.20	GAAP	$0.40
Net Loss	$21.00	GAAP	$12.40
Operating Expenses	$18.80	GAAP	$11.90

Exhibits (2)

8-K

FORM 8-K

99.1

PRESS RELEASE