1. Spore germinates into a gametophyte composed of a protonema and gamete-producing gametophore
2. Mature gametophytes produce flagellated sperm in antheridia and an egg in each archegonium
3. Sperm swim through a film of water to reach and fertilize the egg
4. Sporophyte grows out of archegonia, consisting of a foot, seta (stalk), and sporangium (capsule) that discharges spores