374Water

SCWO

Market cap $49.1M

374Water Inc. ( SCWO ) Q3 2025 Earnings Call November 12, 2025 4:30 PM EST Company Participants James Siccardi - Senior Vice President of Investor Relations Stephen Jones - Interim President, CEO & Director Russell Kline - Chief Financial Officer Conference Call Participants Rob Brown Michael Mathison - Sidoti & Company, LLC Presentation Operator Greetings, and welcome to the 374Water Third Quarter 2025 Financial Results Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.

374Water Inc (NASDAQ:SCWO) said on Wednesday it expects revenue to rise to between $6 million and $8 million in 2026 as the company accelerates commercialization of its Super Critical Water Oxidation (SCWO) technology and expands partnerships across North America. The company, a developer of sustainable waste destruction systems, reported third-quarter revenue of $760,000, up sharply from $81,000 a year earlier, driven by new service contracts and growing demand for PFAS waste treatment.

Third Quarter Revenues Increased to $0.8 Million Due to Higher Service Revenues and Expects 2025 Full Year Revenues of Approximately $4 Million Fortified Balance Sheet Including $7.0 Million ATM Facility Extends Cash Runway into Q2 2026 Management to Host Webcast and Conference Call Today at 4:30 p.m. ET DURHAM, N.C.

374Water Inc (NASDAQ:SCWO) announced that it is processing the first phase of its award by the State of North Carolina for its Waste Destruction Services (WDS) to destroy Aqueous Film-Forming Foam (AFFF) utilizing its AirSCWO technology.   The provider of organic waste destruction technology and services said it will provide WDS to the University of North Carolina at Chapel Hill Collaboratory, with the first phase involving the treatment of 1,000 gallons of AFFF.

Initial Waste Destruction Services Deployment in Process Up to 29,000 Gallons Total of AFFF to be Treated by AirSCWO Technology MORRISVILLE, N.C., Nov. 04, 2025 (GLOBE NEWSWIRE) -- 374Water Inc. (NASDAQ: SCWO) (“374Water” or the “Company”), a global leader in organic waste destruction technology for industrial, municipal, and federal markets, today announced it is processing the first phase of its award by the State of North Carolina for its Waste Destruction Services (“WDS”) to destroy Aqueous Film-Forming Foam (“AFFF”) utilizing AirSCWO technology.

374Water Inc (NASDAQ:SCWO) Interim CEO Steve Jones talked with Proactive about the company's progress using its AirSCWO technology to destroy PFAS and other complex waste streams. Jones, who joined as interim CEO after serving on the board since April, brings experience from his time at Air Products & Chemicals and Covanta.

374Water Inc (NASDAQ:SCWO) announced that it has entered into an agreement with the City of Olathe, Kansas, for the sale and deployment of an AirSCWO 6 system along with a full-scale 30 wet tons per day pre-treatment and dewatering system. The agreement is valued at approximately $4 million over the next two years, the company said on Tuesday.

System to be Used to Assess Scale-Up of Advanced AirSCWO Technology for Sustainable Sludge Management and Additional Waste Streams MORRISVILLE, N.C., Oct. 28, 2025 (GLOBE NEWSWIRE) -- 374Water Inc. (NASDAQ: SCWO) (“374Water” or the “Company”), a global leader in organic waste destruction technology for industrial, municipal, and federal markets, and the City of Olathe, KS (“Olathe” or the “City”) today announced that they have entered into an agreement for the sale and deployment of an AirSCWO 6 system and a full-scale 30 wet tons per day pre-treatment and dewatering system in anticipation of future purchases.

New Executive Leadership, Open Market Stock Purchases, and Minimum Equity Ownership Policy Further Align Shareholder Interests Fortified Balance Sheet Including Recent Proceeds of Approximately $7.0 Million from ATM Facility Extends Cash Runway into 2026 Special Meeting of Stockholders to be held on Monday, December 15, 2025, at 9:00 a.m. Eastern Time.

374Water Inc (NASDAQ:SCWO) announced it has completed a commercial-scale field demonstration at Clean Earth's Detroit, Michigan facility as part of a Department of Defense (DoD) project focused on destroying per- and polyfluoroalkyl substances (PFAS)-contaminated wastes. The project is part of a DoD initiative led by the Defense Innovation Unit (DIU) in collaboration with the Environmental Security Technology Certification Program to evaluate commercial-scale technology solutions for PFAS destruction.