DURHAM, N.C., Sept. 03, 2025 (GLOBE NEWSWIRE) -- 374Water Inc. (NASDAQ: SCWO) (“374Water” or the “Company”), a global leader in organic waste destruction technology and services for the municipal, federal, and industrial markets, today announced recent open-market stock purchases by Company insiders, including Board members and senior management. 374Water President and CEO Chris Gannon, said, “These share purchases underscore our confidence in 374Water’s vision and the tremendous opportunities ahead for our ...

Core Viewpoint - 374Water Inc. is actively participating in multiple investment conferences in September 2025, showcasing its leadership in organic waste destruction technology and services [1][2]. Group 1: Conference Participation - 374Water's President and CEO Chris Gannon and CFO Russell Kline will attend the Lake Street 9th Annual Best Ideas Growth (BIG9) Conference on September 11, 2025, and the H.C. Wainwright 27th Annual Global Investment Conference on September 8-9, 2025 [2][3]. - CFO Russell Kline will present at Gabelli Funds' 3rd PFAS Symposium on September 17, 2025 [2][4]. Group 2: Company Overview - 374Water Inc. is a global leader in industrial technology and services, focusing on innovative solutions for wastewater treatment and waste management in municipal, federal, and industrial markets [5]. - The company's AirSCWO technology efficiently destroys and mineralizes a wide range of organic wastes, producing safe dischargeable water, mineral effluent, vent gas, and recoverable heat energy [5].

Company Overview - Proactive is a financial news publisher that provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company has a team of experienced news journalists who produce independent content across various financial markets [2] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - The content includes insights into sectors such as biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Adoption - Proactive is committed to adopting technology to enhance its content creation and workflow processes [4] - The company utilizes automation and software tools, including generative AI, while ensuring that all published content is edited and authored by humans [5]

Core Viewpoint - 374Water Inc. has successfully demonstrated the effectiveness of its AirSCWO technology in destroying toxic PFAS in landfill leachate, achieving non-detectable levels of PFAS in the effluent, which addresses a significant environmental concern [1][6][7]. Company Overview - 374Water Inc. is a global leader in organic waste destruction technology, focusing on municipal, federal, and industrial markets [1][9]. - The company’s AirSCWO technology is designed to efficiently destroy a wide range of organic wastes, producing safe dischargeable water streams and recoverable heat energy [9]. Industry Context - Landfill leachate management has become a pressing issue due to growing concerns over toxins and environmental impacts, with approximately 3,000 active landfills and over 10,000 capped landfills in the U.S. [2][4]. - PFAS contamination in leachate is a significant concern for government agencies, as these substances are found in many everyday products and can leach into the environment [4][5]. Technological Impact - The AirSCWO system consistently achieves over 99.99% destruction of PFAS compounds, providing a breakthrough solution for landfill operators [7]. - The technology allows for the elimination of PFAS at the source, reducing reliance on outdated municipal treatment plants [6][7]. Market Opportunity - 374Water is targeting an $80 million per year addressable market by partnering with landfill operators to improve operational resilience and reduce liabilities [8].

Financial Data and Key Metrics Changes - Revenue for Q2 2025 totaled $600,000, a significant increase from $37,000 in the prior year, reflecting a $560,000 increase primarily due to full-scale demonstration service revenues and treatability studies [31][32][33] - Total operating expenses increased by 45% to $4,400,000 compared to $3,000,000 in the prior year, driven by increased staffing and general administrative expenses [33] - Net loss for Q2 2025 was $4,600,000, compared to $2,900,000 in the prior year [33][34] Business Line Data and Key Metrics Changes - The company launched its waste destruction services business, achieving waste destruction results exceeding 99.99% for PFAS contaminants [8][10] - A contract with the University of North Carolina for AFFF destruction is valued at approximately $1,000,000, with potential for additional phases worth multimillions [9][58] - The company is pursuing multiple RFPs for waste destruction services from state and federal levels, indicating a growing market demand [10][46] Market Data and Key Metrics Changes - The company is targeting the $450 billion waste destruction and management market, which is increasingly demanding sustainable solutions [6] - The U.S. government has appropriated hundreds of millions of dollars for PFAS removal and destruction, providing a favorable market environment for the company's services [23][24] - The EPA's new actions against PFAS contamination are expected to create positive tailwinds for the company's technology [24] Company Strategy and Development Direction - The company aims to establish a network of 8 to 10 TSDF waste destruction service operations across North America over the next several years [26] - A flexible commercial model is being developed, including waste destruction services, capital sales, and lease options to meet diverse customer needs [7][22] - The company plans to manufacture and deploy more AS systems in 2026 to expand its mobile waste destruction service fleet [20][21] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving growth targets for 2025 and material revenue growth in 2026 and beyond, citing strong market demand and operational execution [7][35] - The leadership team is focused on fulfilling the company's mission and scaling the business to benefit shareholders, despite recent stock price concerns [38][39] - The company anticipates 2025 will be a breakout year as it moves towards growth and long-term market leadership [37] Other Important Information - Cash and cash equivalents as of June 30, 2025, were $2,100,000, down from $10,700,000 as of December 31, 2024, with working capital also decreasing [34] - The company is actively pursuing additional capital raising opportunities to fund growth initiatives [34] Q&A Session Summary Question: Can you provide more details on the North Carolina contract for AFFF destruction? - The initial contract is worth about $1,000,000, with potential for significantly higher future revenues as the state seeks to destroy large stockpiles of AFFF [46][47] Question: What is the timeline for rolling out multiple waste destruction facilities? - The company aims to establish 8 to 10 facilities across North America, with discussions ongoing with major TSDF players [48][49] Question: What are the next steps for the Colorado School of Mines DoD project? - The project went well, and the company expects to bid on large contracts based on the results from this and other federal projects [50][52] Question: What is the revenue target from the University of North Carolina contract? - The initial contract is valued at $400,000, with potential for multimillion-dollar follow-up phases [58] Question: When will the Crystal Clean facility be operational? - The company anticipates about four months to get the facility up and running once the definitive agreement is finalized [60] Question: How many sales professionals are currently on the team? - The company has a team of four direct business development sales professionals and one corporate development individual focused on TSDF [62]

NASDAQ: SCWO Investor Presentation August 12, 2025 ©2025 374Water Inc. All Rights Reserved. This document and the information set forth herein are the property of 374Water. Clean & Sustainable Destruction of Organic Waste Second Quarter 2025 Strategic and Commercial Update and Financial Results Conference Call Cautionary Statement Regarding Forward-Looking Statements This presentation and various remarks we make during this presentation contain "forward-looking statements" of 374Water Inc. ("374Water," "the ...

Company Overview - Proactive is a financial news publisher that provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company has a team of experienced news journalists who produce independent content across various financial markets [2] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - The content includes insights into sectors such as biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Adoption - Proactive is recognized for its forward-looking approach and enthusiastic adoption of technology to enhance workflows [4] - The company utilizes automation and software tools, including generative AI, while ensuring that all content is edited and authored by humans [5]

UNITED STATES SECURITIES AND EXCHANGECOMMISSION Washington D.C. 20549 Form 10-Q For the Quarterly Period ended June 30, 2025 ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 ☐ Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Commission file No. 000-27866 374WATER INC. (Exact name of Registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) Delaware 88-0271109 (IRS Employer Identifica ...

EX-99.1 2 scwo_ex991.htm PRESS RELEASE EXHIBIT 99.1 374Water Reports Second Quarter 2025 Financial Results Ongoing Deployments and Successful Waste Destruction Demonstrations Showcase AirSCWO Technology Across Municipal, Federal and Industrial Market Verticals DURHAM, NC – August 12, 2025 - 374Water Inc. (NASDAQ: SCWO) ("374Water" or the "Company"), a global leader in waste destruction technology for the municipal, federal, and industrial markets, today reported its financial and operational results for the ...

Ongoing Deployments and Successful Waste Destruction Demonstrations Showcase AirSCWO Technology Across Municipal, Federal and Industrial Market Verticals DURHAM, N.C., Aug. 12, 2025 (GLOBE NEWSWIRE) -- 374Water Inc. (NASDAQ: SCWO) ("374Water" or the "Company"), a global leader in waste destruction technology for the municipal, federal, and industrial markets, today reported its financial and operational results for the second quarter ended June 30, 2025. "The second quarter of 2025 was highlighted by strong ...