374Water Inc
For the period ended Dec 31, 2023. Filed Mar 29, 2024.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Mar 29, 2024
SCWO$2.32-2.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
CONSOLIDATED BALANCE SHEETS
As of December 31, 2023 and December 31, 2022
| 2023 | 2022 | |
|---|---|---|
| Assets | ||
| Current Assets: | ||
| Cash and cash equivalents | $10,445,404 | $4,046,937 |
| Accounts receivable, net of allowance of $2,909 and $0, respectively | 64,792 | — |
| Other receivables | 39,749 | — |
| Unbilled accounts receivable | 1,494,553 | 918,164 |
| Inventory | 2,276,677 | 1,660,710 |
| Investments | — | 1,944,464 |
| Prepaid expenses | 581,085 | 153,455 |
| Total Current Assets | 14,902,260 | 8,723,730 |
| Long-Term Assets: | ||
| Property and equipment, net | 230,971 | 143,079 |
| Intangible asset, net | 988,029 | 1,050,022 |
| Total Long-Term Assets | 1,219,000 | 1,193,101 |
| Total Assets | $16,121,260 | $9,916,831 |
| Liabilities and Stockholders’ Equity | ||
| Current Liabilities: | ||
| Accounts payable and accrued expenses | $572,297 | $1,449,582 |
| Accrued contract loss provision | 500,000 | — |
| Accrued legal settlement | 135,000 | — |
| Unearned revenue | 130,000 | 200,109 |
| Other liabilities | 36,787 | 13,528 |
| Total Current Liabilities | 1,374,084 | 1,663,219 |
| Total Liabilities | 1,374,084 | 1,663,219 |
| Commitments and contingencies (Note 10) | ||
| Stockholders’ Equity | ||
| Preferred stock: 50,000,000 Convertible Series D preferred shares authorized; par value $0.0001 per share, nil issued and outstanding at December 31, 2023 and 2022, respectively | — | — |
| Common stock: 200,000,000 common shares authorized, par value $0.0001 per share, 132,667,107 and 126,702,545 shares issued and outstanding at December 31, 2023 and 2022, respectively | 13,266 | 12,669 |
| Additional paid-in capital | 30,684,943 | 16,110,221 |
| Accumulated deficit | (15,953,504) | (7,849,982) |
| Accumulated other comprehensive income (loss) | 2,471 | (19,296) |
| Total Stockholders’ Equity | 14,747,176 | 8,253,612 |
| Total Liabilities and Stockholders’ Equity | $16,121,260 | $9,916,831 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.