FTC Solar, Inc.
For the period ended Dec 31, 2024. Filed Mar 31, 2025.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Mar 31, 2025
FTCI$1.55-2.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Changes in Stockholders' Equity
| Preferred stock · Common stock · Treasury stock | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| (in thousands, except shares) · Shares · Amount · Shares() · Amount() · Shares() · Amount · Additionalpaid-Incapital() · Accumulated othercomprehensiveloss · Accumulateddeficit · Totalstockholders'equity | |||||||||||
| Balance as of December 31, 2022 | — | $— | 10,503,259 | $1 | 1,076,257 | $— | $315,355 | $(61) | $(248,845) | $66,450 | |
| Shares issued during the period for vested restricted stock awards | — | — | 378,799 | — | — | — | 4,861 | — | — | 4,861 | |
| Issuance of common stock upon exercise of stock options | — | — | 71,796 | — | — | — | 226 | — | — | 226 | |
| Shares issued for legal settlement | — | — | 79,740 | — | 2,000 | 2,000 | |||||
| Shares acquired and retired | — | — | (31,250) | — | — | — | — | — | — | — | |
| Sale of shares | — | — | 1,542,189 | — | 34,007 | 34,007 | |||||
| Stock offering costs | — | — | — | — | (297) | (297) | |||||
| Stock-based compensation | — | — | — | — | — | — | 5,746 | — | — | 5,746 | |
| Net loss | — | — | — | — | — | — | — | — | (50,290) | (50,290) | |
| Other comprehensive loss | — | — | — | — | — | — | — | (232) | — | (232) | |
| Balance as of December 31, 2023 | — | — | 12,544,533 | 1 | 1,076,257 | — | 361,898 | (293) | (299,135) | 62,471 | |
| Shares issued during the period for vested restricted stock awards | — | — | 231,893 | — | — | — | — | — | — | — | |
| Issuance of common stock upon exercise of stock options | — | — | 12,629 | — | — | — | 8 | — | — | 8 | |
| Additional shares issued for fractional shares | — | — | 64,768 | — | — | — | — | — | — | — | |
| Stock-based compensation | — | — | — | — | — | — | 5,412 | — | — | 5,412 | |
| Net loss | — | — | — | — | — | — | — | — | (48,606) | (48,606) | |
| Other comprehensive loss | — | — | — | — | — | — | — | (249) | — | (249) | |
| Balance as of December 31, 2024 | — | $— | 12,853,823 | $1 | 1,076,257 | $— | $367,318 | $(542) | $(347,741) | $19,036 | |
| * - | Prior year shares and amounts, as applicable, have been revised to reflect the Reverse Stock Split, effective November 29, 2024. |
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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.