374Water Inc.
Financial highlights
| Metric | FY December 31, 2025 | FY December 31, 2024 | FY December 31, 2023 | FY December 31, 2022 | FY December 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $215,037 | $445,445 | $743,952 | $3.0M | $48,100 |
| Gross profit | -$2.4M | -$912,707 | -$1.1M | $336,501 | $48,100 |
| Operating income | -$21.1M | -$12.8M | -$8.6M | -$4.8M | -$3.2M |
| Operating expenses | $18.8M | $11.9M | $7.5M | $5.1M | $3.2M |
| Cost of revenue | $2.6M | $1.4M | $1.9M | $2.7M | $0 |
| Cash from operations | -$14.3M | -$10.6M | -$9.0M | -$4.9M | -$1.8M |
| Capital expenditure | $1.9M | $554,942 | $105,990 | $144,567 | $1,190 |
| Free cash flow | -$16.2M | -$11.1M | -$9.1M | -$5.1M | -$1.8M |
| Impairments | — | — | — | — | $0 |
| Total assets | $11.4M | $19.2M | $16.1M | $9.9M | $12.4M |
| Total liabilities | $4.7M | $3.7M | $1.4M | $1.7M | $86,371 |
Shares outstanding 17.5M
Annual filing data through FY ended December 31, 2025; float as of July 11, 2026.