SCWO · 374Water Inc.
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. Presently, the Company will need additional debt or equity financing or a combination of both to continue its operations and meet its financial obligations for at least the next twelve months from the date these unaudited condensed interim consolidated financial statements were issued and beyond.”View the 10-Q filed May 14, 2026
One customer — 88% of revenue (the three months ended March 31, 2026)
“For the three months ended March 31, 2026, we generated approximately 88% of our total consolidated revenues from one customer.”
2 customers — 69% of revenue (the three months ended March 31, 2025)
“For the three months ended March 31, 2025, we generated approximately 69% and 25% of our consolidated revenues with two customers, respectively.”
2 customers — 25% of revenue (the three months ended March 31, 2025)
“For the three months ended March 31, 2025, we generated approximately 69% and 25% of our consolidated revenues with two customers, respectively.”
One customer — 95% of receivables (March 31, 2026)
“At March 31, 2026, one customer comprised approximately 95% of our consolidated accounts receivable (which is also reflected in unearned revenue).”
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.”
Total shares sold short and not yet covered, reported to FINRA by broker-dealers twice a month. Each reading settles on the 15th and the last business day of the month and is published seven business days later — the next scheduled dates are listed at the top of the table. Days to cover divides the short position by average daily volume; a high value (above 5) can signal short-squeeze potential.
Peer-relative percentile rank across all stocks reporting short interest at the latest settlement date (2026-07-15). Weighted mean of the available factors (short interest 30%, days to cover 20%, price vs VWAP 15%, short-volume trend 15%, short-interest change 10%, fails-to-deliver 10%) plus catalyst boosts (price spike, volume surge, earnings within days), capped at +20 and clamped to 100.
Short Interest History
| Settlement Date | Current Position | Previous Position | Change | Days to Cover |
|---|---|---|---|---|
|
2026-08-14
Scheduled
FINRA publishes Aug 25
|
— | — | — | — |
|
2026-07-31
Scheduled
FINRA publishes Aug 11
|
— | — | — | — |
| 2026-07-15 | 195,144 | 135,665 | +59,479 | 3.78 |
| 2026-06-30 | 135,665 | 154,218 | -18,553 | 1.89 |
| 2026-06-15 | 154,218 | 183,331 | -29,113 | 2.21 |
| 2026-05-29 | 183,331 | 208,402 | -25,071 | 3.03 |
| 2026-05-15 | 208,402 | 185,588 | +22,814 | 3.22 |
| 2026-04-30 | 185,588 | 197,354 | -11,766 | 3.63 |
| 2026-04-15 | 197,354 | 272,531 | -75,177 | 4.18 |
| 2026-03-31 | 272,531 | 249,644 | +22,887 | 3.87 |
| 2026-03-13 | 249,644 | 333,369 | -83,725 | 5.12 |
| 2026-02-27 | 333,369 | 381,971 | -48,602 | 7.48 |
| 2026-02-13 | 381,971 | 289,012 | +92,959 | 4.78 |
| 2026-01-30 | 289,012 | 239,710 | +49,302 | 1.68 |
| 2026-01-15 | 239,710 | 382,365 | -142,655 | 1.67 |
| 2025-12-31 | 382,365 | 1,846,756 | -1,464,391 | 1.26 |
| 2025-12-15 | 184,676 | 171,549 | +13,127 | 1.98 |
| 2025-11-28 | 171,549 | 294,000 | -122,451 | 1.28 |
| 2025-11-14 | 294,000 | 381,393 | -87,394 | 1.23 |
| 2025-10-31 | 381,393 | 324,871 | +56,523 | 1.00 |
| 2025-10-15 | 324,871 | 59,708 | +265,163 | 1.00 |
| 2025-09-30 | 59,708 | 105,637 | -45,929 | 1.00 |
| 2025-09-15 | 105,637 | 120,806 | -15,169 | 1.42 |
| 2025-08-29 | 120,806 | 69,219 | +51,586 | 1.00 |
| 2025-08-15 | 69,219 | 105,652 | -36,432 | 1.00 |
| 2025-07-31 | 105,652 | 83,710 | +21,942 | 1.00 |