| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Lease expense and other | NaN | NaN | NaN | -594 |
| Net loss | 32,599 | -36,390 | -23,938 | -19,249 |
| Gain from sale of property and equipment | NaN | NaN | NaN | 3 |
| Stock-based compensation | 3,337 | 2,617 | 1,127 | 1,216 |
| Gain on sale of atlas | NaN | 0 | 90 | 50 |
| Depreciation and amortization | 365 | 378 | 290 | 607 |
| Change in fair value of warrant liability | -48,742 | 26,388 | 16,066 | -1,768 |
| Amortization of debt discount and issue costs | 2,197 | 2,417 | 958 | 427 |
| Paid-in-kind non-cash interest | 1,001 | 1,000 | 566 | 1,001 |
| Provision for obsolete and slow-moving inventory | 194 | 0 | 0 | 0 |
| Loss on extinguishment of debt | NaN | 0 | -173 | NaN |
| Loss from unconsolidated subsidiary | 0 | 207 | 1,907 | -563 |
| Bargain purchase gain | NaN | 377 | NaN | NaN |
| Gain from disposal of investment in unconsolidated subsidiary | 0 | 0 | 0 | 3,204 |
| Warranties issued and remediation added | 438 | 1,067 | 459 | 1,614 |
| Warranty recoverable from manufacturer | -122 | -95 | -80 | -191 |
| Credit loss provisions | NaN | -1,352 | NaN | NaN |
| Credit loss provisions (credits) | -564 | NaN | 374 | 192 |
| Deferred income taxes | 178 | -204 | 0 | 425 |
| Lease expense | 256 | 282 | 884 | NaN |
| Accounts receivable | 647 | 316 | 3,919 | 5,956 |
| Inventories | -8 | 1,060 | 339 | -2,828 |
| Prepaid and other current assets | 1,111 | -3,897 | 1,592 | -1,193 |
| Other assets | 185 | -379 | -48 | 392 |
| Accounts payable | -1,635 | -7,657 | -1,669 | 4,819 |
| Accruals and other current liabilities | 1,858 | -3,137 | -3,811 | 9,507 |
| Deferred revenue | -2,339 | 2,764 | 2,916 | -3,814 |
| Other non-current liabilities | -396 | -421 | -378 | -830 |
| Lease payments and other, net | 272 | 329 | 343 | 691 |
| Net cash used in operations | -12,772 | -8,028 | -14,636 | -10,780 |
| Purchases of property and equipment | 276 | 336 | 525 | 268 |
| Proceeds from sale of atlas software platform | NaN | 0 | 90 | 50 |
| Proceeds from sale of property and equipment | 0 | 0 | 3 | 3 |
| Equity method investment in alpha steel | NaN | 0 | 0 | 0 |
| Acquisitions, net of cash acquired | NaN | 580 | NaN | NaN |
| Proceeds from disposal of investment in unconsolidated subsidiary | 0 | 0 | 0 | 3,204 |
| Net cash (used in) provided by investing activities | -276 | 244 | -432 | 2,989 |
| Proceeds from borrowings | NaN | 0 | 35,955 | NaN |
| Repayments of borrowings | 3,033 | NaN | NaN | NaN |
| Proceeds from sale of common stock | 805 | 4,710 | NaN | NaN |
| Stock offering costs paid | 21 | 122 | NaN | NaN |
| Financing costs paid | 170 | 101 | 58 | NaN |
| Proceeds from stock option exercises | 0 | 12 | 0 | 3 |
| Net cash (used in) provided by financing activities | -2,419 | 4,499 | 35,897 | 3 |
| Effect of exchange rate changes on cash and cash equivalents | 1 | 21 | 21 | 60 |
| Decrease in cash and cash equivalents | -15,466 | -3,264 | 20,850 | -7,728 |
| Cash and cash equivalents at beginning of period | 21,105 | 24,369 | 11,247 | NaN |
| Cash and cash equivalents at end of period | 5,639 | 21,105 | 24,369 | NaN |
FTC Solar, Inc. (FTCI)
FTC Solar, Inc. (FTCI)