374Water (SCWO) Balance Sheet: Assets & Liabilities

374Water (SCWO) Balance Sheet

As of Dec 31, 2025 (end of fiscal 2025), 374Water reported total assets of $11.41M and total liabilities of $4.68M. Shareholders' equity was $6.72M, down 56.5% from $15.47M a year earlier. Total debt stood at $832.49K against $3.20M in cash and short-term investments, a net cash position of $2.37M. That puts debt-to-equity at 0.12, compared with 0.04 a year earlier.

374Water Balance Sheet Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Balance sheet showing assets, liabilities, and shareholders' equity for 374Water Inc. (SCWO) - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Current Assets
Cash and Cash Equivalents	3.20	10.65	10.45	4.05	11.13	0.07	0.02	0.01	0.00
Short-Term Investments	0.00	0.00	0.00	1.94	0.00	0.00	0.00	0.00	0.00
Cash & Short-Term Investments	3.20	10.65	10.45	5.99	11.13	0.07	0.02	0.01	0.00
Accounts Receivable	0.67	0.27	0.06	0.92	0.00	0.03	0.01	0.01	0.37
Inventory	1.47	1.70	2.28	1.66	0.00	0.00	0.00	0.00	0.00
Other Current Assets	0.49	0.57	0.58	0.15	0.22	0.00	0.01	0.01	0.01
Total Current Assets	5.85	14.89	14.90	8.72	11.35	0.10	0.04	0.03	0.41
Non-Current Assets
Property, Plant & Equipment (Net)	4.41	3.26	0.23	0.14	0.00	0.00	0.00	0.00	0.01
Intangible Assets	0.94	1.02	0.99	1.05	1.06	0.00	0.00	0.07	0.09
Other Non-Current Assets	0.20	0.02	0.00	0.00	0.03	0.00	0.00	0.00	0.00
Total Non-Current Assets	5.55	4.30	1.22	1.19	1.06	0.00	0.00	0.07	0.09
Total Assets	11.41	19.18	16.12	9.92	12.41	0.10	0.04	0.10	0.51
Current Liabilities
Accounts Payable	1.25	0.91	0.57	1.45	0.06	0.08	0.10	0.04	0.10
Short-Term Debt	0.80	0.10	0.00	0.00	0.00	0.29	0.00	0.00	0.15
Accrued Liabilities	1.68	1.91	0.64	-	-	-	-	-	-
Deferred Revenue	0.31	0.20	0.13	0.20	0.00	0.00	-0.01	0.00	-0.10
Other Current Liabilities	0.02	0.02	0.04	0.01	0.02	0.00	0.01	0.00	0.00
Total Current Liabilities	4.18	3.13	1.37	1.66	0.09	0.09	0.10	0.04	0.25
Non-Current Liabilities
Long-Term Debt	0.03	0.55	0.00	0.00	0.00	0.22	0.31	0.00	0.00
Deferred Tax Liabilities	0.00	0.00	-0.06	0.00	0.00	0.00	0.00	0.00	0.00
Other Non-Current Liabilities	0.03	0.03	0.00	0.00	0.00	-0.22	0.00	0.00	0.00
Total Non-Current Liabilities	0.50	0.58	-0.06	0.00	0.00	0.00	0.31	0.04	0.15
Total Liabilities	4.68	3.71	1.37	1.66	0.09	0.09	0.41	0.04	0.25
Stockholders' Equity
Common Stock	0.00	0.00	0.01	0.01	0.01	0.01	0.00	0.00	0.00
Retained Earnings	-49.94	-28.39	-15.95	-7.85	-3.16	0.00	-12.57	-12.06	-11.38
Accumulated Other Comprehensive Income	0.00	0.00	0.00	-0.02	0.00	0.00	0.00	0.00	0.00
Additional Paid-in Capital	56.66	43.86	30.68	16.11	15.47	0.00	12.20	12.12	11.64
Shares Outstanding	17.14	14.43	13.27	12.67	12.53	-	-	-	-
Total Stockholders' Equity	6.72	15.47	14.75	8.25	12.33	0.01	-0.37	0.07	0.26
Total Liabilities & Equity	11.41	19.18	16.12	9.92	12.41	0.10	0.04	0.10	0.51

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About 374Water Balance Sheet

How much debt does 374Water have?

374Water had total debt of $832.49K as of Dec 31, 2025, against $3.20M in cash and short-term investments. Its debt-to-equity ratio was 0.12. Total debt was $652.70K a year earlier.

What are 374Water's total assets?

374Water reported total assets of $11.41M as of Dec 31, 2025, down 40.5% from $19.18M a year earlier. Total liabilities were $4.68M.

What is 374Water's shareholders' equity?

374Water's shareholders' equity was $6.72M as of Dec 31, 2025, or about $0.39 of book value per share.

What is the debt-to-equity ratio?

The debt-to-equity ratio divides a company's total debt by its shareholders' equity. It shows how much of the business is financed with borrowed money; normal levels vary widely by industry. Full definition