FTCI: the balance sheet

MyFinsight

For the year ending 2025-12-31, FTCI has $111,812K in assets. $154,770K in debts. $21,105K in cash and cash equivalents.

Balance Sheets	2025-12-31
Cash and cash equivalents	21,105
Accounts receivable, net of allowance for credit losses of 3,069 and 1,717 at december 31, 2025 and december 31, 2024, respectively	55,743
Inventories	9,627
Prepaid and other current assets	11,294
Total current assets	97,769
Operating lease right-of-use assets	983
Property and equipment, gross	7,820
Accumulated depreciation	4,027
Property and equipment, net	3,793
Goodwill	7,444
Equity method investment	0
Other assets	1,823
Total assets at period end	111,812

Accounts payable	13,247
Short-term debt	12,681
Accrued expenses	23,770
Income taxes payable	630
Deferred revenue	7,172
Other current liabilities	10,725
Total current liabilities	68,225
Long-term debt	9,921
Operating lease liability, net of current portion	553
Warrant liability	74,515
Other non-current liabilities	1,556
Total liabilities	154,770
Common stock par value of 0.0001 per share, 850,000,000 shares authorized 15,537,344 and 12,853,823 shares issued and outstanding as of december 31, 2025 and december 31, 2024	2
Treasury stock, at cost 1,076,257 shares as of december 31, 2025 and december 31, 2024	0
Additional paid-in capital	384,648
Accumulated other comprehensive loss	-290
Accumulated deficit	-427,318
Total stockholders' equity (deficit)	-42,958
Total liabilities and stockholders' equity (deficit)	111,812

Unit: Thousand (K) dollars (except for numbers of shares and EPS).