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.
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CONSOLIDATED STATEMENTS OF OPERATIONS
| For the years endedDecember 31, | ||
|---|---|---|
| 2023 | 2022 | |
| Revenue | $743,952 | $3,015,521 |
| Cost of revenues | (1,852,208) | (2,679,020) |
| Gross margin | (1,108,256) | 336,501 |
| Operating Expenses | ||
| Research and development | 1,496,129 | 1,113,500 |
| Compensation and related expenses | 2,854,494 | 1,644,861 |
| Professional fees | 508,795 | 768,548 |
| General and administrative | 2,675,202 | 1,565,723 |
| Total Operating Expenses | 7,534,620 | 5,092,632 |
| Loss from Operations | (8,642,876) | (4,756,131) |
| Other Income | ||
| Interest income | 446,669 | 67,067 |
| Other income (expense) | 92,685 | (903) |
| Total Other Income, net | 539,354 | 66,164 |
| Net Loss before Income Taxes | (8,103,522) | (4,689,967) |
| Provision for Income Taxes | — | — |
| Net Loss | $(8,103,522) | $(4,689,967) |
| Other comprehensive income (loss) | ||
| Unrealized losses on marketable securities | — | (18,968) |
| Foreign currency translation | 2,799 | (328) |
| Total other comprehensive income (loss) | 2,799 | (19,296) |
| Total comprehensive loss | (8,100,723) | (4,709,263) |
| Net Loss per Share - Basic and Diluted | $(0.06) | $(0.04) |
| Weighted Average Common Shares Outstanding - Basic and Diluted | 130,367,662 | 126,641,536 |
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