For the quarter ending 2026-03-31, SCWO has $11,006,484 in assets. $7,347,007 in debts.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Unbilled accounts receivable | - | 0 | 2,155,622 | 1,879,731 |
| Stock subscription receivables | - | - | 5,041 | 334,133 |
| Cash and cash equivalents | 447,453 | 3,198,682 | 933,328 | 2,149,015 |
| Accounts receivable, net of credit allowance | 2,406,014 | 668,903 | 643,585 | 863,819 |
| Other receivables | - | - | 11,851 | 30,194 |
| Other accounts receivable | 79,850 | 26,577 | - | - |
| Inventory, net | 1,772,571 | 1,471,893 | 1,897,544 | 1,821,812 |
| Contract assets | 0 | 91,100 | 151,493 | 151,493 |
| Prepaid expenses | 464,287 | 395,807 | 439,324 | 295,070 |
| Total current assets | 5,170,175 | 5,852,962 | 6,237,788 | 7,525,267 |
| Property and equipment, net | 3,990,294 | 3,835,318 | 3,483,957 | 3,204,896 |
| Other assets | - | - | 76,149 | 15,847 |
| Intangible assets, net | 924,882 | 943,224 | 961,566 | 979,909 |
| Right-of-use assets, net | 903,283 | 571,741 | 602,713 | 632,885 |
| Other assets | 17,850 | 202,103 | - | - |
| Total long-term assets | 5,836,309 | 5,552,386 | 5,124,385 | 4,833,537 |
| Total assets | 11,006,484 | 11,405,348 | 11,362,173 | 12,358,804 |
| Accounts payable and accrued expenses | 1,384,695 | 1,250,285 | 1,241,839 | 1,052,529 |
| Accrued legal settlement | - | 0 | 66,175 | 0 |
| Accrued bonuses | 105,000 | 80,000 | 270,000 | 270,000 |
| Note payable | - | - | 7,347 | 9,638 |
| Accrued contract loss provision | 1,600,000 | 1,600,000 | 1,230,000 | 1,230,000 |
| Unearned revenue | 222,238 | 312,905 | 360,463 | 194,173 |
| Note payable | 8,494 | 8,270 | - | - |
| Secured promissory note | 0 | 630,000 | - | - |
| Financing liability | 94,388 | 159,342 | 171,173 | - |
| Operating lease liabilities | 184,794 | 119,693 | 114,866 | 110,207 |
| Other liabilities | 48,611 | 23,384 | 271,666 | 14,755 |
| Total current liabilities | 3,648,220 | 4,183,879 | 4,333,529 | 2,881,302 |
| Unearned revenue, less current portion | 2,326,250 | 30,000 | 30,000 | 30,000 |
| Convertible notes, net of discount | 628,869 | - | - | - |
| Note payable, less current portion | - | - | 37,735 | 36,598 |
| Note payable, less current portion | 32,670 | 34,879 | 600,000 | - |
| Operating lease liabilities, less current portion | 710,998 | 431,683 | 463,848 | 494,191 |
| Total long-term liabilities | 3,698,787 | 496,562 | 531,583 | 560,789 |
| Total liabilities | 7,347,007 | 4,680,441 | 4,865,112 | 3,442,091 |
| Common stock 1,000,000,000 common shares authorized, par value 0.0001 per share, 17,495,504 and 17,143,771 shares outstanding at march 31, 2026 and december 31, 2025, respectively | 1,750 | 1,715 | 15,424 | 14,647 |
| Additional paid-in capital | 58,163,477 | 56,657,319 | 47,494,670 | 45,566,075 |
| Accumulated deficit | -54,508,221 | -49,936,598 | -41,015,504 | -36,666,480 |
| Accumulated other comprehensive income | 2,471 | 2,471 | 2,471 | 2,471 |
| Total stockholders' equity | 3,659,477 | 6,724,907 | 6,497,061 | 8,916,713 |
| Total liabilities and stockholders' equity | 11,006,484 | 11,405,348 | 11,362,173 | 12,358,804 |
374Water Inc. (SCWO)
374Water Inc. (SCWO)