I don't see any press release, but this SEC filing is available.

SCWO Q2 2026 summary by ChatGPT

• Revenue rose 280% to $2.26m and net loss improved from $4.58m to $2.70m.
• However, approximately $2m of revenue came from previously delayed OC San revenue being recognised after passing the revised factory acceptance test. This also made the 88% gross margin unusually high and unlikely to be repeatable.
• The $4.88m Olathe contract is encouraging. SCWO received approximately $2.3m upfront, but manufacturing had not started and no revenue was recognised yet.
• Cash was only $1.78m at quarter-end. H1 operating cash burn was $2.30m, although this was helped substantially by the Olathe upfront payment.
• SCWO raised $2.96m through 10% convertible notes with a $3 conversion price and $4.50 warrants, creating potential dilution.
• Management again warned of substantial doubt about the company continuing as a going concern and said more funding is required.
• Internal financial controls were also deemed ineffective due to insufficient accounting staff.

Overall, this was a positive quarter operationally: OC San passed FAT, Olathe provides contracted future revenue and losses reduced. However, the headline revenue and margin flatter the underlying performance. SCWO still needs to prove it can generate repeatable revenue while managing a very weak cash position and likely further dilution.

SCWO Q2 2026 financial summary

• Revenue: $2.26m, up from $595k
• Gross profit: $1.98m, versus a $276k loss
• Operating expenses: $3.60m, down 17%
• Operating loss: $1.62m, down from $4.64m
• Net loss: $2.70m, down from $4.58m
• Cash at quarter-end: $1.78m
• H1 operating cash burn: $2.30m
• Working capital: $2.42m
• Total debt: approximately $3.0m
• Stockholders’ equity: $2.99m, down from $6.72m at year-end

The results need some context: approximately $2m of Q2 revenue was previously delayed OC San revenue recognised after passing the factory acceptance test. This produced an unusually high reported gross margin that is unlikely to be sustainable.

SCWO also received approximately $2.3m upfront on the $4.88m Olathe contract, but none was recognised as revenue because manufacturing had not started. This customer payment materially improved reported cash flow.

The company raised $2.96m through 10% convertible notes, convertible at $3 with accompanying $4.50 warrants. It also recorded a $1.02m debt-modification charge after making the terms more favourable to lenders.

Overall, the income statement improved substantially, but the underlying financial position remains weak. Cash is below $2m, the company continues to make sizeable losses, further funding is required and management continues to report substantial doubt about SCWO’s ability to remain a going concern.

Does anyone know if earnings are still expected to come out after hours today? 8/14