FTC Solar, Inc.
For the period ended Dec 31, 2025. Filed Mar 24, 2026.
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.
FY2025 · Filed Mar 24, 2026
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 (Deficit)
| Preferred stock · Common stock · Treasury stock | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| (in thousands, except shares) | Shares | Amount | Shares | Amount | Shares | Amount | Additionalpaid-Incapital | Accumulated othercomprehensiveloss | Accumulateddeficit | Totalstockholders'equity (deficit) |
| 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 share roundup | — | — | 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 |
| Shares issued during the period for vested restricted stock awards | — | — | 471,183 | 1 | — | — | (1) | — | — | — |
| Issuance of common stock upon exercise of stock options | — | — | 9,500 | — | — | — | 15 | — | — | 15 |
| Exercise of warrants | — | — | 1,750,000 | — | — | — | 7,927 | — | — | 7,927 |
| Sale of shares | — | — | 452,838 | — | — | — | 4,551 | — | — | 4,551 |
| Stock offering costs | — | — | — | — | — | — | (122) | — | — | (122) |
| Stock-based compensation | — | — | — | — | — | — | 4,960 | — | — | 4,960 |
| Net loss | — | — | — | — | — | — | — | — | (79,577) | (79,577) |
| Other comprehensive gain | — | — | — | — | — | — | — | 252 | — | 252 |
| Balance as of December 31, 2025 | — | $— | 15,537,344 | $2 | 1,076,257 | $— | $384,648 | $(290) | $(427,318) | $(42,958) |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.