SCWO · 374Water Inc. · Shareholders & Ownership
Substantial doubt about the company's ability to continue as a going concern.
“These conditions raise substantial doubt regarding our ability to continue as a going concern.”View the 10-Q filed Aug 14, 2026
One customer — 88% of revenue (the three months ended June 30, 2026)
“For the three and six months ended June 30, 2026, we generated approximately 88% of our total consolidated revenues from one customer and two customers, respectively.”
2 customers — 88% of revenue (the six months ended June 30, 2026)
“For the three and six months ended June 30, 2026, we generated approximately 88% of our total consolidated revenues from one customer and two customers, respectively.”
3 customers — 94% of revenue (the three months ended June 30, 2025)
“For the three and six months ended June 30, 2025, we generated approximately 94% and 78% of our consolidated revenues with three customers, respectively.”
3 customers — 78% of revenue (the six months ended June 30, 2025)
“For the three and six months ended June 30, 2025, we generated approximately 94% and 78% of our consolidated revenues with three customers, respectively.”
One customer — 100% of receivables (June 30, 2026)
“At June 30, 2026, one customer comprised approximately 82% and 100% of our consolidated accounts receivable and unbilled accounts receivable, respectively.”
One customer — 82% of receivables (June 30, 2026)
“At June 30, 2026, one customer comprised approximately 82% and 100% of our consolidated accounts receivable and unbilled accounts receivable, respectively.”
2 customers — 74% of receivables (December 31, 2025)
“At December 31, 2025, our consolidated accounts receivable comprised approximately 74% and 10% outstanding with two customers, respectively.”
2 customers — 10% of receivables (December 31, 2025)
“At December 31, 2025, our consolidated accounts receivable comprised approximately 74% and 10% outstanding with two customers, respectively.”
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Every disclosed holder of SCWO in one list: 13F institutions, Schedule 13D and 13G filers, insiders (Forms 3, 4 and 5) and registered funds, each from its own latest filing. Holders nest by CIK and SEC reporting links, never by name, and each is summed once.
Who Owns SCWO
13F quarter Sep 30, 2026, combined view: filers that have not filed yet carry their Jun 30, 2026 positions| Holder group | Shares | % Out |
|---|---|---|
| Institutional (13F) | 1,856,964 | 10.48% |
| Insiders (Forms 3, 4, 5) | 0 | 0.00% |
| 13D/G-only blocks | 1,974,763 | 11.15% |
| Remaining | 13,886,434 | 78.37% |
| Registered funds (N-PORT, not summed) | 449,720 | 2.54% |
Shares outstanding: 17,718,161, the issuer's latest cover-page count restated onto today's split basis.
Insiders are listed but not summed: the issuer has more than one class of common stock and Forms 3, 4 and 5 report one issuer-wide balance across them.
13D/G-only counts each filer's latest 13D or 13G that no 13F report of the listing contains, that names no 13F filer and that no counted insider files. Funds are never summed: their shares sit inside their advisers' 13F reports.
Holders of SCWO
| # | Holder | Shares | As of | Notes |
|---|---|---|---|---|
| 1 |
|
2,265,245 | ||
| 2 |
Yaacov Nagar
13D
CIK 1861377 · Unknown · Apr 30, 2026
Item 4 purpose: not restated by this amendment, the earlier 13D's purpose stands
|
1,771,263 | ||
| 2.1 |
|
1,771,263 | ||
| 3 |
|
609,058 | ||
| 4 |
VANGUARD CAPITAL MANAGEMENT LLC
13F
CIK 2100119 · Registered investment adviser · Jun 30, 2026
carried, not yet filed for the newest quarter
|
322,788 | ||
| 5 |
|
237,000 | ||
| 6 |
VANGUARD TOTAL STOCK MARKET INDEX FUND
Fund
S000002848 · Registered fund · Jun 30, 2026
VANGUARD INDEX FUNDS, not summed
|
214,145 | ||
| 7 |
CAPTRUST FINANCIAL ADVISORS
13F
CIK 1512024 · Registered investment adviser · Jun 30, 2026
carried, not yet filed for the newest quarter
|
206,738 | ||
| 8 |
|
201,613 | ||
| 9 |
|
191,500 | ||
| 9.1 |
|
203,500 | ||
| 10 |
HAMILTON LANE ADVISORS LLC
13F
CIK 1573767 · Registered investment adviser · Sep 30, 2026
|
160,228 | ||
| 11 |
D.A. DAVIDSON & CO.
13F
CIK 1080107 · Unknown · Sep 30, 2026
|
156,011 | ||
| 12 |
|
131,432 | ||
| 13 |
BlackRock, Inc.
13F
CIK 2012383 · Holding company · Jun 30, 2026
carried, not yet filed for the newest quarter
|
119,519 | ||
| 13.1 |
iShares Micro-Cap ETF
Fund
S000004439 · Registered fund · Jun 30, 2026
iShares Trust, not summed
|
37,759 | ||
| 14 |
VANGUARD EXTENDED MARKET INDEX FUND
Fund
S000002841 · Registered fund · Jun 30, 2026
VANGUARD INDEX FUNDS, not summed
|
108,643 | ||
| 15 |
Icon Wealth Advisors, LLC
13F
CIK 1963212 · Registered investment adviser · Jun 30, 2026
carried, not yet filed for the newest quarter
|
108,361 | ||
| 16 |
GEODE CAPITAL MANAGEMENT, LLC
13F
CIK 1214717 · Registered investment adviser · Jun 30, 2026
carried, not yet filed for the newest quarter
|
107,761 | ||
| 17 |
|
105,572 | ||
| 18 |
Melkote Rajesh Ramaswamy
Insider
CIK 2064133 · Aug 28, 2025
Chief Technology Officer, issuer-wide, not summed
|
88,276 | ||
| 19 |
|
85,347 | ||
| 20 |
|
79,327 | ||
| 21 |
VANGUARD FIDUCIARY TRUST CO
13F
CIK 933478 · Unknown · Jun 30, 2026
carried, not yet filed for the newest quarter
|
70,104 | ||
| 22 |
|
66,864 | ||
| 23 |
|
63,858 | ||
| 24 |
ESSEX INVESTMENT MANAGEMENT CO LLC
13F
CIK 201772 · Registered investment adviser · Sep 30, 2026
|
63,303 | ||
| 25 |
|
61,943 | ||
| 26 |
RAYMOND JAMES FINANCIAL INC
13F
CIK 720005 · Unknown · Jun 30, 2026
carried, not yet filed for the newest quarter
|
58,428 | ||
| 27 |
|
57,796 | ||
| 28 |
Sigma Planning Corp
13F
CIK 1449126 · Registered investment adviser · Sep 30, 2026
|
55,553 | ||
| 29 |
Fidelity Extended Market Index Fund
Fund
S000006021 · Registered fund · Aug 31, 2026
Fidelity Concord Street Trust, not summed
|
53,207 | ||
| 30 |
OSAIC HOLDINGS, INC.
13F
CIK 1677044 · Holding company · Jun 30, 2026
carried, not yet filed for the newest quarter
|
50,353 | ||
| 31 |
|
49,000 | ||
| 32 |
MILLENNIUM MANAGEMENT LLC
13F
CIK 1273087 · Registered investment adviser · Jun 30, 2026
carried, not yet filed for the newest quarter
|
48,459 | ||
| 33 |
SENTINEL TRUST CO LBA
13F
CIK 1114739 · Unknown · Sep 30, 2026
|
40,130 | ||
| 34 |
|
38,084 | ||
| 35 |
NORTHERN TRUST CORP
13F
CIK 73124 · Bank · Jun 30, 2026
carried, not yet filed for the newest quarter
|
25,922 | ||
| 36 |
|
23,176 | ||
| 37 |
Trinity Legacy Partners, LLC
13F
CIK 1652529 · Unknown · Jun 30, 2026
carried, not yet filed for the newest quarter
|
23,162 | ||
| 38 |
|
23,042 | ||
| 39 |
SUSQUEHANNA INTERNATIONAL GROUP, LLP
13F
CIK 1446194 · Unknown · Jun 30, 2026
carried, not yet filed for the newest quarter
|
22,956 | ||
| 40 |
Mariner, LLC
13F
CIK 1373442 · Registered investment adviser · Jun 30, 2026
carried, not yet filed for the newest quarter
|
19,075 | ||
| 41 |
Uncommon Cents Investing LLC
13F
CIK 1729754 · Registered investment adviser · Sep 30, 2026
|
18,200 | ||
| 42 |
Prospera Financial Services Inc
13F
CIK 1541625 · Unknown · Jun 30, 2026
carried, not yet filed for the newest quarter
|
17,500 | ||
| 43 |
CITADEL ADVISORS LLC
13F
CIK 1423053 · Registered investment adviser · Jun 30, 2026
carried, not yet filed for the newest quarter
|
14,726 | ||
| 44 |
Fidelity Series Total Market Index Fund
Fund
S000065248 · Registered fund · Aug 31, 2026
Fidelity Concord Street Trust, not summed
|
14,561 | ||
| 45 |
Qube Research & Technologies Ltd
13F
CIK 1729829 · Exempt reporting adviser · Jun 30, 2026
carried, not yet filed for the newest quarter
|
14,276 | ||
| 46 |
Fidelity Total Market Index Fund
Fund
S000006026 · Registered fund · Aug 31, 2026
Fidelity Concord Street Trust, not summed
|
14,089 | ||
| 47 |
TWO SIGMA INVESTMENTS, LP
13F
CIK 1179392 · Registered investment adviser · Jun 30, 2026
carried, not yet filed for the newest quarter
|
13,627 | ||
| 48 |
Anderson Adrienne
Insider
CIK 1962594 · Nov 18, 2024
Chief Financial Officer, issuer-wide, not summed
|
13,460 | ||
| 49 |
Westend Capital Management, LLC
13F
CIK 1331997 · Unknown · Jun 30, 2026
carried, not yet filed for the newest quarter
|
13,000 | ||
| 50 |
XTX Topco Ltd
13F
CIK 1828301 · Unknown · Jun 30, 2026
carried, not yet filed for the newest quarter
|
12,983 |
Shares are restated onto today's split basis. Change compares each row with the same holder's previous filing in the same source; a dash means there is none to compare. Nested 13D/G, insider and fund rows are not summed, since a 13F report already holds them.
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