OC SAN MILESTONE - Completion of the Orange County Sanitation District Factory Acceptance Test enabled recognition of approximately $2.0 mln in revenue for Q2
TECHNOLOGY VALIDATION - Third-party validation of AirSCWO technology, including >99.9% PFAS destruction in Department of Defense testing, supported commercial progress
COST REDUCTION - Company reduced annualized operating costs by approximately $3.2 mln, prioritizing capital toward commercial deployments
Outlook and capital priorities
Company prioritizing capital toward commercial deployments and revenue-generating opportunities
374Water focusing on scaling Waste Destruction Services business and expanding municipal deployments
Company continues cost reduction efforts to strengthen financial position
SCWO•
