Core Viewpoint - CDT Environmental Technology Investment Holdings Limited has received a notification from Nasdaq regarding non-compliance with the minimum bid price requirement, but this does not lead to immediate delisting and the company has a compliance period to rectify the situation [1][2][3]. Company Compliance Status - The company was notified that its closing bid price per ordinary share has been below US$1.00 for 30 consecutive business days [1]. - CDT has an initial compliance period of 180 calendar days, until December 15, 2025, to regain compliance by achieving a closing bid price of at least US$1.00 for a minimum of 10 consecutive business days [2]. - If compliance is not regained by the deadline, the company may be eligible for an additional 180-day compliance period if it meets other listing requirements [3]. Monitoring and Future Actions - The company plans to monitor its closing bid price and is considering options to regain compliance with Nasdaq's minimum bid price requirement [4]. - CDT is currently in compliance with all other applicable Nasdaq continued listing standards [4]. Company Overview - CDT is a leading provider in China's waste treatment sector, focusing on designing, developing, and maintaining sewage treatment systems [6][8]. - The company aims to promote sustainable development through innovative waste treatment solutions and has completed over 150 plants across China [8].

Financial Data and Key Metrics Changes - For Q1 2025, the company generated revenue of $543,000, an increase from $315,000 in the prior year quarter, primarily from equipment manufacturing services and demonstrations [24] - Total operating expenses rose by 6% to $3,900,000 compared to $1,900,000 in the prior year quarter, driven by increases in professional fees, general and administrative expenses, and compensation [25] - The net loss for Q1 2025 was $3,700,000, compared to $2,000,000 in the prior year quarter [25] - Cash and cash equivalents as of March 31, 2025, were $6,900,000, down from $10,700,000 as of December 31, 2024 [26] Business Line Data and Key Metrics Changes - The revenue increase was primarily attributed to a full-scale demonstration for a customer, resulting in a services revenue increase of $376,000, offset by a decrease in equipment manufacturing revenue of approximately $162,000 [24] Market Data and Key Metrics Changes - The company is targeting a $450 billion waste destruction and management market, with a goal of achieving $250 million to $500 million in annual revenue in five years [6][21] - The company is seeing strong interest from municipal officials and the federal government, which has made significant commitments to PFAS removal and destruction [19] Company Strategy and Development Direction - The company aims to create a national network of treatment, storage, and disposal facilities (TSDF) to cover the entire United States, enhancing its waste destruction service capabilities [34] - The strategy includes a diversified approach to market development, focusing on municipal, federal, and industrial sectors [18][21] - The company is advancing strategic partnerships to establish on-site waste destruction services operations [20] Management's Comments on Operating Environment and Future Outlook - Management believes the demand for advanced environmental technologies is accelerating, positioning the company for leadership in the waste destruction sector [27] - The company is optimistic about the potential for significant revenue growth and environmental impact, with a focus on scalable and effective waste destruction solutions [29] Other Important Information - The company has made progress in optimizing its AirSquove system and has secured contracts for waste destruction services, including a significant contract with the University of North Carolina [8][17] - The company is actively pursuing additional TSDF agreements and expects to finalize more contracts in the near future [20] Q&A Session Summary Question: What is the revenue potential for the Crystal Clean deal? - The revenue potential for the AirSquo 30 unit is projected to be between $12 million and $20 million annually, depending on the material processed and utilization [34][35] Question: When is the Department of Defense demo expected to ramp up? - Mobilization for the Department of Defense demo will start in June, with on-site work beginning in July, followed by several months of demonstrations [36] Question: When will the aqueous foam destruction for North Carolina start and finish? - The initial 1,000 gallons of aqueous foam destruction is expected to start within the next month [38]

Core Viewpoint - CDT Environmental Technology Investment Holdings Limited reported a revenue of $29.8 million and a net income of $1.4 million for the fiscal year ended December 31, 2024, reflecting a decrease due to reduced project activity amid a slowdown in the PRC economy [1][6][8]. Financial Performance - Total revenues decreased by approximately $4.4 million, or 13.0%, to approximately $29.8 million for the year ended December 31, 2024, compared to approximately $34.2 million for the same period in 2023 [6]. - Gross profit decreased by approximately $0.1 million, or 1.2%, to approximately $11.2 million for the year ended December 31, 2024, from approximately $11.4 million for the year ended December 31, 2023 [6]. - The overall gross profit margin improved to 37.4% in 2024 from 33.0% in 2023, attributed to enhanced operational efficiency [6]. - Total operating expenses increased by approximately $6.5 million, or 233.5%, to approximately $9.2 million for the year ended December 31, 2024, primarily due to increased stock-based compensation and provisions for credit losses [6]. - Net income decreased by approximately $5.6 million, or 80.0%, to $1.4 million for the year ended December 31, 2024, from approximately $7.0 million for the same period in 2023 [6]. Project Backlog and Future Opportunities - As of March 31, 2025, the company had two projects in backlog, the Xinjiang Project and Sichuan Anya Project, with a total tentative contracted amount of approximately $15.4 million [4]. - The company is in the process of acquiring three additional projects for its sewage treatment systems, expected to be signed and commenced by the third quarter of 2025 [5]. - CDT is actively pursuing new energy opportunities to diversify revenue streams and support sustainability goals, focusing on waste-to-energy initiatives [7]. Management Commentary - The CEO of CDT highlighted the economic challenges in China and project delays, which contributed to the revenue decline, but noted a significant margin expansion due to cost-saving efforts [8]. - The company is committed to identifying innovative opportunities to create new revenue streams while enhancing its core business [8]. - CDT's management expressed confidence in navigating economic cycles and positioning the company for future growth opportunities [9].

Core Viewpoint - 374Water Inc. supports the EPA's actions to combat PFAS contamination, which is expected to create demand for its AirSCWO technology designed to destroy organic wastes, including PFAS [1][3][4] Company Overview - 374Water Inc. is a global leader in organic waste destruction technology, focusing on municipal, federal, and industrial markets [1][6] - The company's AirSCWO technology efficiently destroys a wide range of organic wastes, producing safe dischargeable water, mineral effluent, and recoverable heat energy [6] Industry Context - The EPA's strategy aims to prevent PFAS from entering drinking water systems and hold polluters accountable, emphasizing the federal government's commitment to public health [2][5] - The planned actions by the EPA include implementing a PFAS testing strategy, providing annual updates to PFAS destruction guidance, and establishing a "polluter pays" framework [8]

Former President & CEO of Regeneration and Recovery Solutions at Veolia North America Nominated as Independent Director at Upcoming Annual Meeting Annual Meeting of Stockholders to be Held at 10:00 a.m., Eastern Time, on June 11, 2025 DURHAM, N.C., April 30, 2025 (GLOBE NEWSWIRE) -- 374Water Inc. (NASDAQ: SCWO) ("374Water") (the "Company"), a global leader in waste destruction technology for the municipal, federal, and industrial markets, today announced the appointment of James Pawloski as an advisor to th ...