374Water Inc ( (SCWO) ) has released its Q2 earnings. Here is a breakdown of the information 374Water Inc presented to its investors.
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374Water Inc. is a global industrial technology company specializing in innovative waste destruction solutions, particularly through its AirSCWO technology, which targets municipal, federal, and industrial markets. In the second quarter of 2025, 374Water reported significant advancements in its waste destruction projects, including the deployment of its AirSCWO systems across various locations and strategic partnerships. The company highlighted the successful mobilization of its AS6 System for a Department of Defense project and the initiation of a biosolids destruction project in Orlando, showcasing its capability to handle PFAS-contaminated wastes effectively. Financially, 374Water saw a substantial increase in revenue to $600,000, up from $37,000 in the previous year, driven by equipment manufacturing and waste destruction services. However, the company also reported a net loss of $4.6 million due to increased operating expenses, primarily from higher compensation and administrative costs. Looking ahead, 374Water remains optimistic about its growth prospects, with plans to complete ongoing projects and expand its Waste Destruction Services operations, positioning itself as a leader in sustainable waste management solutions.