2022 Q4 Form 10-Q Financial Statement

#000143774922026380 Filed on November 08, 2022

View on sec.gov

Income Statement

Concept 2022 Q4 2022 Q3
Revenue $7.021M $8.017M
YoY Change 8.84% 6.06%
Cost Of Revenue $4.018M $4.345M
YoY Change 25.05% 13.15%
Gross Profit $3.003M $3.672M
YoY Change -7.26% -1.26%
Gross Profit Margin 42.77% 45.8%
Selling, General & Admin $3.074M $3.273M
YoY Change -3.85% 16.85%
% of Gross Profit 102.36% 89.13%
Research & Development $179.0K $207.0K
YoY Change -31.68% -39.12%
% of Gross Profit 5.96% 5.64%
Depreciation & Amortization $103.0K $105.0K
YoY Change -39.41% -41.99%
% of Gross Profit 3.43% 2.86%
Operating Expenses $3.253M $3.480M
YoY Change -5.96% 10.79%
Operating Profit -$250.0K $192.0K
YoY Change 13.12% -66.78%
Interest Expense $97.00K $4.000K
YoY Change -3333.33% -20.0%
% of Operating Profit 2.08%
Other Income/Expense, Net -$204.0K $34.00K
YoY Change 3300.0% -67.31%
Pretax Income -$357.0K $314.0K
YoY Change 48.75% -53.69%
Income Tax $45.00K $0.00
% Of Pretax Income 0.0%
Net Earnings -$402.0K $314.0K
YoY Change 64.75% -53.69%
Net Earnings / Revenue -5.73% 3.92%
Basic Earnings Per Share $0.01
Diluted Earnings Per Share -$0.01 $0.01
COMMON SHARES
Basic Shares Outstanding 30.30M 30.30M
Diluted Shares Outstanding 30.37M

Balance Sheet

Concept 2022 Q4 2022 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $26.31M $26.55M
YoY Change -26.7% -24.49%
Cash & Equivalents $23.33M $24.08M
Short-Term Investments $2.981M $2.469M
Other Short-Term Assets $1.395M $696.0K
YoY Change -29.01% -64.4%
Inventory $392.0K $391.0K
Prepaid Expenses
Receivables $7.729M $6.658M
Other Receivables $0.00 $0.00
Total Short-Term Assets $35.83M $34.30M
YoY Change -13.6% -18.93%
LONG-TERM ASSETS
Property, Plant & Equipment $4.435M $4.505M
YoY Change -3.78% -14.89%
Goodwill $2.116M $2.116M
YoY Change 0.0% 0.0%
Intangibles $397.0K $410.0K
YoY Change -11.38% -13.68%
Long-Term Investments $6.360M $7.339M
YoY Change
Other Assets $794.0K $791.0K
YoY Change -3.64% 167.23%
Total Long-Term Assets $14.30M $15.39M
YoY Change 68.05% 76.18%
TOTAL ASSETS
Total Short-Term Assets $35.83M $34.30M
Total Long-Term Assets $14.30M $15.39M
Total Assets $50.12M $49.68M
YoY Change 0.3% -2.66%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.710M $2.626M
YoY Change 73.61% 93.94%
Accrued Expenses $1.684M $1.574M
YoY Change 32.39% 11.47%
Deferred Revenue $372.0K $174.0K
YoY Change -4.62% -86.04%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $4.766M $4.374M
YoY Change 47.87% 9.02%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $274.0K $243.0K
YoY Change -5.52% -19.54%
Total Long-Term Liabilities $274.0K $243.0K
YoY Change -5.52% -19.54%
TOTAL LIABILITIES
Total Short-Term Liabilities $4.766M $4.374M
Total Long-Term Liabilities $274.0K $243.0K
Total Liabilities $5.283M $4.850M
YoY Change 39.98% 5.55%
SHAREHOLDERS EQUITY
Retained Earnings -$116.0M -$115.6M
YoY Change 1.26% 1.12%
Common Stock $164.7M $164.6M
YoY Change 0.14% 0.1%
Preferred Stock
YoY Change
Treasury Stock (at cost) $2.251M $2.251M
YoY Change 0.76% 0.76%
Treasury Stock Shares $976.0K $976.0K
Shareholders Equity $44.84M $44.83M
YoY Change
Total Liabilities & Shareholders Equity $50.12M $49.68M
YoY Change 0.3% -2.66%

Cashflow Statement

Concept 2022 Q4 2022 Q3
OPERATING ACTIVITIES
Net Income -$402.0K $314.0K
YoY Change 64.75% -53.69%
Depreciation, Depletion And Amortization $103.0K $105.0K
YoY Change -39.41% -41.99%
Cash From Operating Activities -$1.548M $730.0K
YoY Change -919.05% 112.83%
INVESTING ACTIVITIES
Capital Expenditures $20.00K -$48.00K
YoY Change -96.0% -86.17%
Acquisitions
YoY Change
Other Investing Activities $500.0K -$9.777M
YoY Change
Cash From Investing Activities $480.0K -$9.825M
YoY Change -4.0% 2731.41%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 0.000 0.000
YoY Change
NET CHANGE
Cash From Operating Activities -1.548M 730.0K
Cash From Investing Activities 480.0K -9.825M
Cash From Financing Activities 0.000 0.000
Net Change In Cash -1.068M -9.095M
YoY Change -255.01% 227275.0%
FREE CASH FLOW
Cash From Operating Activities -$1.548M $730.0K
Capital Expenditures $20.00K -$48.00K
Free Cash Flow -$1.568M $778.0K
YoY Change 404.18% 12.75%

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525000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-1487000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
85000 usd
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
22321000 usd
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
398000 usd
CY2021Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-193000 usd
CY2021Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
20000 usd
CY2021Q1 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
24029000 usd
CY2021Q1 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
0 usd
CY2021Q1 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
52000 usd
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
46523000 usd
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
-778000 usd
CY2021Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
133000 usd
CY2021Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
20000 usd
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
45898000 usd
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
678000 usd
CY2021Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-153000 usd
CY2021Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
21000 usd
CY2021Q3 us-gaap Stockholders Equity
StockholdersEquity
46444000 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
46200000 usd
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
-998000 usd
CY2022Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-70000 usd
CY2022Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
18000 usd
CY2022Q1 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
0 usd
CY2022Q1 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
17000 usd
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
45133000 usd
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
-356000 usd
CY2022Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-222000 usd
CY2022Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
28000 usd
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
44583000 usd
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
314000 usd
CY2022Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-155000 usd
CY2022Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
90000 usd
CY2022Q3 us-gaap Stockholders Equity
StockholdersEquity
44832000 usd
us-gaap Net Income Loss
NetIncomeLoss
-1040000 usd
us-gaap Net Income Loss
NetIncomeLoss
298000 usd
us-gaap Depreciation
Depreciation
267000 usd
us-gaap Depreciation
Depreciation
457000 usd
us-gaap Adjustment For Amortization
AdjustmentForAmortization
70000 usd
us-gaap Adjustment For Amortization
AdjustmentForAmortization
114000 usd
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-0 usd
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-13000 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-45000 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-2000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
136000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
61000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
3449000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-1405000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
44000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
32000 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-370000 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-1176000 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
1094000 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-980000 usd
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
50000 usd
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-382000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-2591000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
572000 usd
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
186000 usd
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
584000 usd
us-gaap Payments To Acquire Held To Maturity Securities
PaymentsToAcquireHeldToMaturitySecurities
9777000 usd
us-gaap Payments To Acquire Held To Maturity Securities
PaymentsToAcquireHeldToMaturitySecurities
-0 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-9963000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-584000 usd
us-gaap Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
0 usd
us-gaap Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
25812000 usd
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
-0 usd
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
1783000 usd
us-gaap Payments For Repurchase Of Equity
PaymentsForRepurchaseOfEquity
17000 usd
us-gaap Payments For Repurchase Of Equity
PaymentsForRepurchaseOfEquity
52000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-17000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
23977000 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-401000 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-249000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-12972000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
23716000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
37054000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
12606000 usd
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
24082000 usd
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
36322000 usd
CY2022Q3 us-gaap Cash
Cash
23856000 usd
CY2021Q3 us-gaap Cash
Cash
35161000 usd
CY2022Q3 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
226000 usd
CY2021Q3 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
0 usd
CY2022Q3 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
0 usd
CY2021Q3 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
891000 usd
CY2022Q3 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
0 usd
CY2021Q3 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
270000 usd
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
24082000 usd
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
36322000 usd
CY2022Q2 ftek Investment Plan Maximum Amount Approved
InvestmentPlanMaximumAmountApproved
10000000 usd
CY2022Q3 us-gaap Debt Securities Held To Maturity Amortized Cost After Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAmortizedCostAfterAllowanceForCreditLoss
9808000 usd
CY2022Q3 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Gain
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain
0 usd
CY2022Q3 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Loss
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss
161000 usd
CY2022Q3 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
9647000 usd
CY2022Q3 us-gaap Held To Maturity Securities Debt Maturities Within One Year Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount
2469000 usd
CY2022Q3 us-gaap Held To Maturity Securities Debt Maturities Within One Year Fair Value
HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearFairValue
2460000 usd
CY2022Q3 ftek Debt Securities Heldtomaturity Amortized Cost After Allowance For Credit Loss Maturity Allocated And Single Maturity Date After Year One Through Two
DebtSecuritiesHeldtomaturityAmortizedCostAfterAllowanceForCreditLossMaturityAllocatedAndSingleMaturityDateAfterYearOneThroughTwo
3937000 usd
CY2022Q3 ftek Debt Securities Heldtomaturity Fair Value Maturity Allocated And Single Maturity Date After Year One Through Two
DebtSecuritiesHeldtomaturityFairValueMaturityAllocatedAndSingleMaturityDateAfterYearOneThroughTwo
3866000 usd
CY2022Q3 ftek Debt Securities Heldtomaturity Amortized Cost After Allowance For Credit Loss Maturity Allocated And Single Maturity Date After Year Two Through Three
DebtSecuritiesHeldtomaturityAmortizedCostAfterAllowanceForCreditLossMaturityAllocatedAndSingleMaturityDateAfterYearTwoThroughThree
3402000 usd
CY2022Q3 ftek Debt Securities Heldtomaturity Fair Value Maturity Allocated And Single Maturity Date After Year Two Through Three
DebtSecuritiesHeldtomaturityFairValueMaturityAllocatedAndSingleMaturityDateAfterYearTwoThroughThree
3321000 usd
CY2022Q3 us-gaap Debt Securities Held To Maturity Amortized Cost After Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAmortizedCostAfterAllowanceForCreditLoss
9808000 usd
CY2022Q3 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
9647000 usd
CY2022Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
8017000 usd
CY2021Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
7559000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
19920000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
17810000 usd
CY2022Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
8017000 usd
CY2021Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
7559000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
19920000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
17810000 usd
CY2022Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
8017000 usd
CY2021Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
7559000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
19920000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
17810000 usd
CY2022Q3 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
174000 usd
CY2021Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
390000 usd
CY2020Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
850000 usd
CY2022Q3 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
131000 usd
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
381000 usd
CY2021Q3 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
173000 usd
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
331000 usd
CY2022Q3 ftek Contract With Customer Contracts In Progress Number Of Contracts Identified As Loss Contracts
ContractWithCustomerContractsInProgressNumberOfContractsIdentifiedAsLossContracts
0 pure
CY2022Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
8763000 usd
CY2022Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
8406000 usd
CY2022Q3 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P12M
CY2022Q3 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
4935000 usd
CY2021Q4 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
2122000 usd
CY2022Q3 us-gaap Unbilled Receivables Current
UnbilledReceivablesCurrent
1587000 usd
CY2021Q4 us-gaap Unbilled Receivables Current
UnbilledReceivablesCurrent
1277000 usd
CY2022Q3 us-gaap Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
309000 usd
CY2021Q4 us-gaap Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
83000 usd
CY2022Q3 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
173000 usd
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
223000 usd
CY2022Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
6658000 usd
CY2021Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
3259000 usd
CY2022Q3 us-gaap Treasury Stock Shares
TreasuryStockShares
976006
CY2021Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
963509
CY2022Q3 us-gaap Treasury Stock Value
TreasuryStockValue
2251000 usd
CY2021Q4 us-gaap Treasury Stock Value
TreasuryStockValue
2234000 usd
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
30296000
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
30264000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
30287000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
29356000
CY2022Q3 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
0
CY2021Q3 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
0
us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
0
us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
0
CY2022Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
75000
CY2021Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
71000
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
126000
CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
30371000
CY2021Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
30335000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
30287000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
29482000
CY2021Q4 us-gaap Noncurrent Assets
NoncurrentAssets
49974000 usd
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
434500
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
3.05
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
0
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
-0
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
0
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
50000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
3.55
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
384500
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
2.98
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P2Y8M8D
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
18000 usd
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
384500
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
2.98
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P2Y8M8D
CY2022Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
18000 usd
CY2022Q3 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
2850000
CY2022Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
3273000 usd
CY2022Q2 ftek Percentage Of Face Amount Of Letters Of Credit As Collateral
PercentageOfFaceAmountOfLettersOfCreditAsCollateral
1.50 pure
CY2022Q2 ftek Payment Basis Points On Face Value Of Letters Of Credit
PaymentBasisPointsOnFaceValueOfLettersOfCredit
0.0250 pure
CY2022Q3 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
727000 usd
CY2022Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
8017000 usd
CY2022Q3 us-gaap Cost Of Revenue
CostOfRevenue
4345000 usd
CY2022Q3 us-gaap Gross Profit
GrossProfit
3672000 usd
CY2022Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
207000 usd
CY2022Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
192000 usd
CY2021Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
7559000 usd
CY2021Q3 us-gaap Cost Of Revenue
CostOfRevenue
3840000 usd
CY2021Q3 us-gaap Gross Profit
GrossProfit
3719000 usd
CY2021Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
2801000 usd
CY2021Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
340000 usd
CY2021Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
578000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
19920000 usd
us-gaap Cost Of Revenue
CostOfRevenue
11280000 usd
us-gaap Gross Profit
GrossProfit
8640000 usd
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
9201000 usd
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
716000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
-1277000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
17810000 usd
us-gaap Cost Of Revenue
CostOfRevenue
9150000 usd
us-gaap Gross Profit
GrossProfit
8660000 usd
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
8858000 usd
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
1070000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
-1268000 usd
CY2022Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
8017000 usd
CY2021Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
7559000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
19920000 usd
CY2021Q4 ftek Other Accrued Liabilities Miscellaneous Current
OtherAccruedLiabilitiesMiscellaneousCurrent
312000 usd
CY2022Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
768000 usd
CY2022Q3 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
174000 usd
CY2021Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
390000 usd
CY2022Q3 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
159000 usd
CY2021Q4 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
159000 usd
CY2022Q3 ftek Other Accrued Liabilities Miscellaneous Current
OtherAccruedLiabilitiesMiscellaneousCurrent
435000 usd
CY2021Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
861000 usd
us-gaap Standard Product Warranty Accrual Period Increase Decrease
StandardProductWarrantyAccrualPeriodIncreaseDecrease
0 usd
CY2021Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
159000 usd
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.009 pure
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.032 pure
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21 pure
CY2022Q3 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0 usd

Files In Submission

Name View Source Status
ftek-20220930_cal.xml Edgar Link unprocessable
0001437749-22-026380-index-headers.html Edgar Link pending
0001437749-22-026380-index.html Edgar Link pending
0001437749-22-026380.txt Edgar Link pending
0001437749-22-026380-xbrl.zip Edgar Link pending
ex_413396.htm Edgar Link pending
ex_413397.htm Edgar Link pending
ex_413398.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
ftek-20220930.xsd Edgar Link pending
ftek20220930_10q.htm Edgar Link pending
MetaLinks.json Edgar Link pending
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FilingSummary.xml Edgar Link unprocessable
ftek-20220930_def.xml Edgar Link unprocessable
ftek-20220930_lab.xml Edgar Link unprocessable
ftek-20220930_pre.xml Edgar Link unprocessable
ftek20220930_10q_htm.xml Edgar Link completed
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report.css Edgar Link pending
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