374Water financials
$2.89−1.70%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 30 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 | Q1 '24 Mar 31 | Q4 '23 Dec 31 | Q3 '23 Sep 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.3M | $551.2K | — | $760.4K | $595.0K | $543.1K | $11.9K | $81.5K | $36.8K | $315.3K | — | $12.3K |
| Gross profit | $2.0M | $348.4K | — | $212.6K | -$276.4K | $138.3K | -$643.1K | $39.1K | -$6.7K | -$302.0K | — | -$166.4K |
| Gross margin | 87.7% | 63.2% | — | 28.0% | −46.5% | 25.5% | −5423.8% | 48.0% | −18.3% | −95.8% | — | −1353.9% |
| Operating income | -$1.6M | -$4.6M | — | -$4.4M | -$4.6M | -$3.8M | -$4.8M | -$2.7M | -$3.0M | -$2.2M | — | -$1.9M |
| Net income | -$2.7M | -$4.6M | — | -$4.3M | -$4.6M | -$3.7M | -$4.8M | -$2.7M | -$2.9M | -$2.0M | — | -$1.7M |
| Net margin | −119.2% | −829.5% | — | −571.9% | −769.9% | −681.0% | −40279.3% | −3315.5% | −7963.7% | −642.1% | — | −14088.1% |
| Diluted EPS | $-0.15 | $-0.26 | — | $-0.30 | $-0.32 | $-0.26 | $-0.34 | $-0.20 | $-0.20 | $-0.20 | — | $-0.10 |
| EBITDA | -$1.4M | -$4.4M | $206.4K | -$4.2M | -$4.5M | -$3.6M | -$4.7M | -$2.7M | -$3.0M | -$2.2M | $22.2K | -$1.9M |
| Operating cash flow | $211.0K | -$2.5M | -$4.1M | -$2.6M | -$4.1M | -$3.5M | -$3.1M | -$2.6M | -$2.4M | -$2.5M | -$2.3M | -$1.8M |
| Free cash flow | -$696.5K | -$2.9M | -$4.7M | -$3.0M | -$4.1M | -$3.8M | -$3.5M | -$3.1M | -$2.8M | -$2.5M | -$2.4M | -$1.9M |
| Diluted shares | 17.6M | 17.4M | 16.8M | 15.1M | 14.5M | 14.5M | 13.9M | 13.3M | 13.3M | 13.3M | 13.3M | 13.2M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $1.8M | $447.5K | $3.2M | $933.3K | $2.1M | $6.9M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $2.8M | $764.4K | $832.5K | $816.3K | $46.2K | $0.00 |
| Total assets | $13.0M | $11.0M | $11.4M | $11.4M | $12.4M | $16.0M |
| Total liabilities | $10.0M | $7.3M | $4.7M | $4.9M | $3.4M | $3.4M |
| Shareholders' equity | $3.0M | $3.7M | $6.7M | $6.5M | $8.9M | $12.6M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology