374Water financials
$2.89−1.70%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 |
|---|---|---|---|---|
| Revenue | $215.0K | $445.4K | $744.0K | $3.0M |
| Gross profit | -$2.4M | -$912.7K | -$1.1M | $336.5K |
| Gross margin | −1093.5% | −204.9% | −149.0% | 11.2% |
| Operating income | -$21.1M | -$12.8M | -$8.6M | -$4.8M |
| Net income | -$21.0M | -$12.4M | -$8.1M | -$4.7M |
| Net margin | −9754.2% | −2791.4% | −1089.3% | −155.5% |
| Diluted EPS | $-1.38 | $-0.92 | $-0.60 | $-0.40 |
| EBITDA | -$20.4M | -$12.6M | -$8.6M | -$4.7M |
| Operating cash flow | -$14.3M | -$10.6M | -$9.0M | -$4.9M |
| Free cash flow | -$16.2M | -$11.1M | -$9.1M | -$5.1M |
| Diluted shares | 15.2M | 13.4M | 13.0M | 12.7M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|
| Cash & equivalents | $3.2M | $10.7M | $10.4M | $4.0M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $1.9M |
| Total debt | $832.5K | $0.00 | $0.00 | $0.00 |
| Total assets | $11.4M | $19.2M | $16.1M | $9.9M |
| Total liabilities | $4.7M | $3.7M | $1.4M | $1.7M |
| Shareholders' equity | $6.7M | $15.5M | $14.7M | $8.3M |
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