374Water Inc.
Close on Oct 19, 2026
- Market cap
- $42.26M
- P/E (TTM)
- –
- Dividend yield
- –
About 374Water
Motors & Generators, SIC 3621
374Water Inc. is an environmental services and cleantech company that develops supercritical water oxidation technology to eliminate organic waste streams. Its core offering is the AirSCWO system, a continuous-flow waste destruction platform designed to mineralize hazardous and non-hazardous organic wastes into water, minerals, and heat energy. The company also provides pre- and post-treatment solutions, waste destruction services, and laboratory testing and treatability evaluations. In addition, it offers full-service system operations, integration, and ongoing maintenance. 374Water serves municipal, federal, and industrial clients, treating materials like biosolids, sewage sludge, wastewater, and per- and polyfluoroalkyl substances.
The company manufactures, designs, and tests its systems at a facility within the Iron Bridge Regional Water Reclamation Facility in Oviedo, Florida. Its operational footprint includes a waste destruction hub in Orlando, Florida, alongside mobile systems deployed for demonstrations and testing at client and military sites in California, Colorado, and Michigan. As of late 2025, 374Water employed 48 full-time workers and seven contractors. Its corporate headquarters are located in Morrisville, North Carolina.
Summary of the business section of 374Water's latest annual report, written by StockData.
Company profile
Company
- Legal name
- 374Water Inc.
- Founded
- 2005
- Headquarters
- Durham, NC
- Address
- 701 W. Main Street, Suite 410 27701
- Phone
- (440) 609-9677
- Website
- 374water.com
- Employees
- 48, Dec 31, 2025
- Industry
- Motors & Generators
- Incorporated in
- Delaware
- Fiscal year ends
- December 31
- Auditor
- Cherry Bekaert LLP, Raleigh, North Carolina
Stock & identifiers
- Ticker
- SCWO
- Exchange
- Nasdaq
- IPO date
- May 17, 1996
- Shares outstanding
- 18M, Aug 10, 2026
- Public float
- $27.40M, Apr 30, 2025
- Filer category
- Non-accelerated filer<br>Smaller reporting company
- Stock splits
- 1-for-10 reverse, Mar 31, 2026; 1-for-10 reverse, Dec 26, 2025
- SEC CIK
- 933972
- CUSIP
- 88583P203
- ISIN
- US88583P2039
- LEI
- 549300ABG7FYV6S7WT19
- EIN
- 88-0271109
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Charles Maurice Weiser | Chief Financial Officer, Director | 23,042 |
| Stephen J. Jones | Interim CEO, Director | 1,055,723 |
| Brad Ian Meyers | Chief Operating Officer | 30,169 |
| Daniel T. Bogar | President / CEO | 79,327 |
| Kline Russell | Chief Financial Officer | 668,642 |
| Rajesh Ramaswamy Melkote | Chief Technology Officer | 882,756 |
| Chris M. Gannon | Chief Executive Officer | 2,370,000 |
| Peter Mandel | General Counsel | 638,575 |
| Adrienne Anderson | Chief Financial Officer | 72,837 |
| Stephen H. McKnight | Director | 191,500 |
| Buddie J. Penn | Director | 577,962 |
| Deanna Rene Estes | Director | 236,500 |
| James Michael Vanderhider | Director | 2,016,130 |
| James Pawloski | Director | 619,431 |
| Richard H. Davis | Director | 1,314,326 |
| Marc Deshusses | Director | 22,652,451 |
| Terry Merrell | Director | 6,090,584 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2024 Christian Gannon (PEO 1); Jeffrey Quick(PEO 2) | $7.51M | $2.18M | $920.23K | $24000 | – |
| FY2023 Christian Gannon (PEO 1); Jeffrey Quick(PEO 2) | – | $0 | $374.35K | $50000 | – |
| FY2022 Christian Gannon (PEO 1); Jeffrey Quick(PEO 2) | – | $0 | $156.00K | $100000 | – |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of December 31, 2025, we employed 48 full-time employees and 7 contractors.”
Corporate history
Events identified from SEC filings