For the year ending 2025-12-31, FTCI had $9,858K increase in cash & cash equivalents over the period. -$34,573K in free cash flow.
| Cash Flow | 2025-12-31 |
|---|---|
| Net loss | -79,577 |
| Stock-based compensation | 4,960 |
| Depreciation and amortization | 1,275 |
| Loss from change in fair value of warrant liability | 40,686 |
| Amortization of debt discount and issue costs | 3,802 |
| Paid-in-kind non-cash interest | 2,567 |
| Provision for obsolete and slow-moving inventory | 0 |
| (income) loss from unconsolidated subsidiary | 1,551 |
| Gain from disposal of investment in unconsolidated subsidiary | 3,204 |
| Gain on sale of atlas | 140 |
| Loss on extinguishment of debt | -173 |
| Bargain purchase gain | 377 |
| Warranties issued and remediation added | 3,140 |
| Warranty recoverable from manufacturer | -366 |
| Credit loss provisions | -1,352 |
| Deferred income taxes | 221 |
| Lease expense | 1,166 |
| Accounts receivable | 10,191 |
| Inventories | -1,429 |
| Prepaid and other current assets | -3,498 |
| Other assets | -35 |
| Accounts payable | -4,507 |
| Accruals and other current liabilities | 2,559 |
| Deferred revenue | 1,866 |
| Other non-current liabilities | -1,629 |
| Lease payments and other, net | 1,363 |
| Net cash used in operations | -33,444 |
| Purchases of property and equipment | 1,129 |
| Proceeds from sale of atlas software platform | 140 |
| Proceeds from sale of property and equipment | 6 |
| Equity method investment in alpha steel | 0 |
| Acquisitions, net of cash acquired | 580 |
| Proceeds from disposal of investment in unconsolidated subsidiary | 3,204 |
| Net cash provided by investing activities | 2,801 |
| Proceeds from borrowings | 35,955 |
| Sale of common stock | 4,710 |
| Stock offering costs paid | 122 |
| Financing costs paid | 159 |
| Proceeds from stock option exercises | 15 |
| Net cash provided by financing activities | 40,399 |
| Effect of exchange rate changes on cash and cash equivalents | 102 |
| Increase (decrease) in cash and cash equivalents | 9,858 |
| Cash and cash equivalents at beginning of period | 11,247 |
| Cash and cash equivalents at end of period | 21,105 |
FTC Solar, Inc. (FTCI)
FTC Solar, Inc. (FTCI)