SCWO · XBRL financial data

374Water financial statements, every fiscal year

The same tables from 9 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (SCWO's year ends in late December)

In thousands of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue	40	48	3,016	744	445	215
Cost of revenue	14	0	2,679	1,852	1,358	2,566
Cost of goods and services sold	—	—	—	1,852	1,358	—
Gross profit	—	48	337	(1,108)	(913)	(2,351)
Research and development	115	375	1,114	1,496	2,143	2,525
General and administrative	324	1,095	1,566	2,675	3,831	5,208
Total operating expenses	438	3,214	5,093	7,535	11,891	18,796
Operating income (loss)	(398)	(3,166)	(4,756)	(8,643)	(12,803)	(21,147)
Interest expense	135	—	—	—	—	—
Other income (expense)	—	—	—	539	369	172
Income tax expense (benefit)	0	0	0	0	0	0
Net income (loss)	(534)	(3,165)	(4,690)	(8,104)	(12,434)	(20,975)
Earnings per share, diluted USD per share	—	—	—	(0.06)	(0.09)	(1.38)
Weighted average shares, basic thousands of shares	62,410	94,003	—	—	—	—
Weighted average shares, diluted thousands of shares	—	—	—	130,368	134,491	15,231

Fiscal years (SCWO's year ends in late December)

In thousands of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	95	11,131	4,047	10,445	10,652	3,199
Marketable securities	—	—	1,944	—	—	—
Marketable securities, non-current	—	—	0	—	—	—
Accounts receivable	—	0	0	65	270	669
Inventory	—	0	1,661	2,277	1,701	1,472
Total current assets	130	11,350	8,724	14,902	14,888	5,853
Property and equipment, net	0	1	143	231	2,568	3,835
Right-of-use asset	—	—	—	—	691	572
Total assets	104	12,413	9,917	16,121	19,184	11,405
Accrued liabilities	—	—	—	0	570	—
Total current liabilities	368	86	1,663	1,374	3,128	4,184
Lease liability, non-current	—	—	—	0	551	432
Total liabilities	592	86	1,663	1,374	3,709	4,680
Accumulated deficit	(13,106)	(3,160)	(7,850)	(15,954)	(28,388)	(49,937)
Total stockholders' equity	(462)	12,327	8,254	14,747	15,475	6,725
Total liabilities and equity	130	12,413	9,917	16,121	19,184	11,405
Common shares outstanding (cover page) thousands of shares	31,750	98,392	127,345	132,667	144,577	17,441

Fiscal years (SCWO's year ends in late December)

In thousands of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	(534)	(3,165)	(4,690)	(8,104)	(12,434)	(20,975)
Stock-based compensation	0	204	611	925	1,216	3,547
Net cash from operating activities	(502)	(1,841)	(4,949)	(9,035)	(10,590)	(14,326)
Purchases of property and equipment	0	1	145	106	555	1,898
Net cash from investing activities	(0)	28	(2,160)	1,852	(654)	(1,898)
Proceeds from issuing common stock	0	5,000	0	13,441	60	9,313
Proceeds from issuing equity	—	6,552	—	—	—	—
Share repurchases	300	—	—	—	—	—
Net cash from financing activities	577	12,872	25	13,579	11,450	8,771

SIC 3621 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 3621 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($K)	Revenue, quarter ($K)	Operating cash flow, quarter ($K)	Shares outstanding	Runway	Quarter
374Water	1,776	2,262	211*	17.7M	—	Q2 FY26 10-QJun 30, 2026
SCI Engineered Materials	11,042	8,056	1,267*	4.5M	—	Q3 FY26 10-QSep 30, 2026
Net Power	117,933	not reported	(9,636)*	not reported	32.0 quarters	Q2 FY26 10-QJun 30, 2026
Fuelcell Energy	658,082	33,001	(12,204)*	80.0M	25.6 quarters	Q3 FY26 10-QJul 31, 2026

Not investment advice. Not affiliated with the U.S. SEC.