374Water Inc 10-K/A for FY2020
374Water Inc. (SCWO)
About this 10-K/A
374Water Inc filed this 10-K/A on April 13, 2021, covering the fiscal year ended December 31, 2020 (FY2020).
Headline figures
Fiscal year ended December 31, 2020, as reported in this filing, compared with the same period a year earlier where the filing states it.
- Revenue
- $40K
- up 66.7% from $24K a year earlier
- Net loss
- $533.66K
- compared with a net loss of $514.92K a year earlier
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-K/A
ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934 FOR THE FISCAL YEAR ENDED DECEMBER 31, 2020
Commission File No. 000-27866
PowerVerde, Inc.
(Exact name of registrant as specified in its charter)
| Delaware | 88-0271109 | |
| (State or other jurisdiction of
incorporation or organization) |
(I.R.S.
Employer Identification No.) | |
| 9300 S. Dadeland Blvd., Suite 600
Miami, FL |
33156 | |
| (Address of principal executive offices) | (Zip Code) | |
(305) 670-3370
(Registrant's telephone number, including area code)
Securities registered pursuant to Section 12(b) of the Act: None
Securities registered pursuant to Section 12(g) of the Act: Common Stock, par value $0.0001 per share
Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes ☐ No ☒
Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes ☐ No ☒
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒ No ☐
Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes ☒ No ☐
Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K is not contained herein, and will not be contained, to the best of the registrant's knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K. ☐ Disclosure not contained.
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer or a smaller reporting company as defined in Rule 12b-2 of the Exchange Act.
| Large accelerated filer | ☐ | Accelerated filer | ☐ | |||
| Non-accelerated filer | ☐ | Smaller reporting company | ☒ | |||
Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☐ No ☒
State the aggregate market value of the voting and non-voting common equity held by non-affiliates computed by reference to the price at which the stock was sold, or the average bid and ask prices of such stock equity, as of June 30, 2020, the last business day of the issuer's most recently completed second fiscal quarter: $2,152,000.
As of March 9, 2021, the number of outstanding shares of common stock, $0.0001 par value per share, of the registrant was 27,878,060.
DOCUMENTS INCORPORATED BY REFERENCE: None.
Explanatory Note
The purpose of this Amendment is to correct an error on the cover page of our previously filed Annual Report on Form 10-K for the fiscal year ended December 31, 2020, filed with the U.S. Securities and Exchange Commission on March 9, 2021. This amendment amends the following:
| ● | The statement of our number of shares of common stock outstanding as of March 9, 2021, has been amended to reflect the correct amount of 27,878,060. |
There are no changes to the original Form 10-K other than as set forth above.
| ii |
SIGNATURES
In accordance with Section 13 or 15(d) of the Exchange Act, the Registrant has duly caused this Amendment to be signed on its behalf by the undersigned, thereunto duly authorized.
| POWERVERDE, INC. | ||
| Dated: April 13, 2021 | by: | /s/ Richard H. Davis |
| Richard H. Davis | ||
| CEO and Principal Executive Officer | ||
In accordance with the Exchange Act, this Amendment has been signed by the following persons on behalf of the Registrant and in the capacities and on the dates indicated.
| Signature | Title | Date | ||
| /s/ Richard H. Davis. | Chief Executive Officer, Director | April 13, 2021 | ||
| /s/ John L. Hofmann | Chief Financial Officer | April 13, 2021 |
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