Business Overview - 374Water operates in a global addressable market exceeding $450 billion[8], driven by increasing regulatory demands from the EPA regarding drinking water and industrial emissions[8] - The company's AirSCWO (AS) systems are designed to handle both non-hazardous and hazardous organic wastes, producing safe water, mineral effluents, vent gas, and recoverable heat energy[8] - 374Water anticipates a potential revenue stream of $250 million to $500 million within 5+ years[8, 22] Operational Highlights - A Waste Destruction Services term sheet was signed with a leading environmental and waste management solutions provider for operations at a RCRA TSDF in the second half of 2025[9] - Demonstrations of the AirSCWO technology have shown waste destruction results at or above 99.99% across various organic waste streams[9] Financial Performance - First quarter 2025 revenue reached $0.5 million, compared to $0.3 million in the same period of 2024[24] - Gross profit for the first quarter of 2025 was $0.1 million, a significant improvement from a gross loss of $0.3 million in the first quarter of 2024[24] - Cash and cash equivalents stood at $6.9 million as of March 31, 2025, down from $10.7 million at the end of 2024[24] Future Projections - 2025 revenue is projected to be in the range of $4 million to $6 million[22], derived from a mix of contracted and highly probable future signed contracts[23]

Core Insights - 374Water Inc. has appointed James Pawloski as an advisor and nominated him as an Independent Director, with voting scheduled for the Annual Meeting of Stockholders on June 11, 2025 [1][2]. Company Overview - 374Water Inc. is a global leader in waste destruction technology, focusing on municipal, federal, and industrial markets [1][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]. Leadership Experience - James Pawloski previously served as President & CEO of Regeneration and Recovery Solutions at Veolia North America until September 2023, managing a $300 million line of business and overseeing P&Ls totaling $500 million in revenue [3]. - He successfully scaled the regeneration business from $40 million to $80 million in EBITDA during his tenure at Veolia [3]. - Pawloski has 25 years of experience at DuPont, where he held various leadership roles, including managing the Clean Technologies business [3]. Strategic Vision - The President and CEO of 374Water expressed confidence that Pawloski's extensive experience in waste and environmental solutions will support the company's commercial growth [4]. - Pawloski highlighted the potential of the AirSCWO System to address unmet needs in wastewater treatment and waste management, indicating a focus on both domestic and international growth [4].