State Ledger
Company profile

374Water Inc. CIK 933972

Ticker
SCWO (Nasdaq)
Industry
Motors & Generators
Headquarters
Durham, NC 27701
Fiscal year end
2025 (FY)
Market Data
Close
$2.47
Change
-$0.07
Change %
-2.76%
Volume
570

SCWO · trading date Oct 12, 2026 · previous close $2.54 · source: Alpaca (IEX feed, not consolidated full-market data).

Key Financials
Revenue
$215.0K
Net income
-$20.98M
Total assets
$11.41M
Total liabilities
$4.68M
Stockholders' equity
$6.72M
Cash & equivalents
$3.20M
Operating income
-$21.15M
Operating cash flow
-$14.33M
Capital expenditures
$1.90M

Fiscal year 2025, via 10-K filed 2026-03-31. A dash means this figure wasn't reported in the source filing under a field State Ledger recognizes - not that the value is zero.

Financial Performance
Operating margin
-9,834.2%
Net margin
-9,754.2%
Free cash flow
-$16.22M
Free cash flow margin
-7,544.9%
Liabilities / assets
41.0%
Equity / assets
59.0%
CapEx / revenue
882.7%
Operating cash flow / net income
0.68×

Derived from the fiscal year 2025 figures above. These metrics are mathematical calculations and do not represent a rating or assessment of the company.

Financial History
Fiscal yearRevenueNet incomeAssetsLiabilitiesEquity
2025 $215.0K -$20.98M $11.41M $4.68M $6.72M
2024 $445.4K -$12.43M $19.18M $3.71M $15.47M
2023 $744.0K -$8.10M $16.12M $1.37M $14.75M
2022 $3.02M -$4.69M $9.92M $1.66M $8.25M
2021 $48.1K -$3.16M $12.41M $86.4K $12.33M
Company Details
SIC code
3621
State of incorporation
DE
Active filer
Yes
Most recent SEC filing
Form DEF 14A
2026-08-25
Financials filed via
Form 10-K
filed 2026-03-31

"Most recent SEC filing" may differ from the filing used for the financial figures above.

Location
Durham, NC 27701
701 W. MAIN STREET
Data & Methodology

SEC EDGAR submissions API (identity, collected Sep 19, 2026, 15:11 UTC) and SEC XBRL Company Facts API (financials, collected Sep 26, 2026, 15:48 UTC) · figures as originally filed, not restated · a dash always means a value wasn't reported, never a real zero.

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