2023 Q2 Form 10-Q Financial Statement

#000143774923013321 Filed on May 09, 2023

View on sec.gov

Income Statement

Concept 2023 Q2 2023 Q1
Revenue $5.461M $7.287M
YoY Change -14.24% 31.65%
Cost Of Revenue $3.465M $4.482M
YoY Change -6.1% 38.12%
Gross Profit $1.996M $2.805M
YoY Change -25.47% 22.49%
Gross Profit Margin 36.55% 38.49%
Selling, General & Admin $2.915M $3.245M
YoY Change 1.43% 6.25%
% of Gross Profit 146.04% 115.69%
Research & Development $413.0K $218.0K
YoY Change 42.91% -0.91%
% of Gross Profit 20.69% 7.77%
Depreciation & Amortization $94.00K $79.00K
YoY Change -24.19% -15.96%
% of Gross Profit 4.71% 2.82%
Operating Expenses $3.328M $3.463M
YoY Change 5.22% 5.77%
Operating Profit -$1.332M -$658.0K
YoY Change 174.64% -33.13%
Interest Expense $5.000K $5.000K
YoY Change 25.0% 0.0%
% of Operating Profit
Other Income/Expense, Net -$14.00K -$90.00K
YoY Change -110.45% 800.0%
Pretax Income -$1.044M -$414.0K
YoY Change 200.86% -58.52%
Income Tax $0.00 $0.00
% Of Pretax Income
Net Earnings -$1.044M -$414.0K
YoY Change 193.26% -58.52%
Net Earnings / Revenue -19.12% -5.68%
Basic Earnings Per Share -$0.03 -$0.01
Diluted Earnings Per Share -$0.03 -$0.01
COMMON SHARES
Basic Shares Outstanding 30.30M 30.30M
Diluted Shares Outstanding 30.32M 30.30M

Balance Sheet

Concept 2023 Q2 2023 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $27.99M $26.77M
YoY Change -10.6% -21.68%
Cash & Equivalents $15.13M $15.70M
Short-Term Investments $12.86M $11.07M
Other Short-Term Assets $1.287M $1.350M
YoY Change -54.78% -36.5%
Inventory $528.0K $509.0K
Prepaid Expenses
Receivables $6.781M $6.755M
Other Receivables $0.00 $0.00
Total Short-Term Assets $36.59M $35.38M
YoY Change -10.73% -14.66%
LONG-TERM ASSETS
Property, Plant & Equipment $4.368M $4.370M
YoY Change -4.13% -4.04%
Goodwill $2.116M $2.116M
YoY Change 0.0% 0.0%
Intangibles $382.0K $401.0K
YoY Change -8.17% -10.49%
Long-Term Investments $4.874M $7.054M
YoY Change
Other Assets $789.0K $796.0K
YoY Change -2.71% -4.9%
Total Long-Term Assets $13.02M $14.90M
YoY Change 60.1% 82.52%
TOTAL ASSETS
Total Short-Term Assets $36.59M $35.38M
Total Long-Term Assets $13.02M $14.90M
Total Assets $49.61M $50.28M
YoY Change 1.0% 1.33%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $3.097M $3.651M
YoY Change 31.9% 62.99%
Accrued Expenses $1.091M $1.097M
YoY Change -1.18% -10.08%
Deferred Revenue $938.0K $427.0K
YoY Change 62.28% -18.2%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $5.126M $5.175M
YoY Change 27.2% 29.96%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $280.0K $277.0K
YoY Change 9.8% 2.97%
Total Long-Term Liabilities $280.0K $277.0K
YoY Change 9.8% 2.97%
TOTAL LIABILITIES
Total Short-Term Liabilities $5.126M $5.175M
Total Long-Term Liabilities $280.0K $277.0K
Total Liabilities $5.959M $5.680M
YoY Change 31.4% 26.56%
SHAREHOLDERS EQUITY
Retained Earnings -$117.4M -$116.4M
YoY Change 1.33% 0.74%
Common Stock $165.0M $164.8M
YoY Change 0.25% 0.18%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $43.65M $44.60M
YoY Change
Total Liabilities & Shareholders Equity $49.61M $50.28M
YoY Change 1.0% 1.33%

Cashflow Statement

Concept 2023 Q2 2023 Q1
OPERATING ACTIVITIES
Net Income -$1.044M -$414.0K
YoY Change 193.26% -58.52%
Depreciation, Depletion And Amortization $94.00K $79.00K
YoY Change -24.19% -15.96%
Cash From Operating Activities -$993.0K $1.010M
YoY Change -36.95% -157.85%
INVESTING ACTIVITIES
Capital Expenditures $73.00K $30.00K
YoY Change -185.88% -156.6%
Acquisitions
YoY Change
Other Investing Activities $500.0K -$8.685M
YoY Change
Cash From Investing Activities $427.0K -$8.715M
YoY Change -602.35% 16343.4%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 42.00K $0.00
YoY Change -100.0%
NET CHANGE
Cash From Operating Activities -993.0K $1.010M
Cash From Investing Activities 427.0K -$8.715M
Cash From Financing Activities 42.00K $0.00
Net Change In Cash -524.0K -$7.630M
YoY Change -68.43% 320.62%
FREE CASH FLOW
Cash From Operating Activities -$993.0K $1.010M
Capital Expenditures $73.00K $30.00K
Free Cash Flow -$1.066M $980.0K
YoY Change -28.46% -157.89%

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CY2022Q1 us-gaap Payments For Repurchase Of Equity
PaymentsForRepurchaseOfEquity
17000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
0 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-17000 usd
CY2023Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
75000 usd
CY2022Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
2000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-7630000 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-1814000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
23328000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
37054000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
15698000 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
35240000 usd
CY2023Q1 ftek Debt Securities Heldtomaturity Fair Value Maturity Allocated And Single Maturity Date After Year One Through Two
DebtSecuritiesHeldtomaturityFairValueMaturityAllocatedAndSingleMaturityDateAfterYearOneThroughTwo
5535000 usd
CY2023Q1 ftek Debt Securities Heldtomaturity Amortized Cost After Allowance For Credit Loss Maturity Allocated And Single Maturity Date After Year Two Through Three
DebtSecuritiesHeldtomaturityAmortizedCostAfterAllowanceForCreditLossMaturityAllocatedAndSingleMaturityDateAfterYearTwoThroughThree
1447000 usd
CY2023Q1 ftek Debt Securities Heldtomaturity Fair Value Maturity Allocated And Single Maturity Date After Year Two Through Three
DebtSecuritiesHeldtomaturityFairValueMaturityAllocatedAndSingleMaturityDateAfterYearTwoThroughThree
1426000 usd
CY2023Q1 us-gaap Cash
Cash
13505000 usd
CY2022Q1 us-gaap Cash
Cash
34174000 usd
CY2023Q1 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
2193000 usd
CY2022Q1 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
0 usd
CY2023Q1 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
0 usd
CY2022Q1 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
1066000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
15698000 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
35240000 usd
CY2022Q4 ftek Investment Plan Maximum Amount Approved
InvestmentPlanMaximumAmountApproved
20000000 usd
CY2023Q1 us-gaap Debt Securities Held To Maturity Amortized Cost After Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAmortizedCostAfterAllowanceForCreditLoss
18121000 usd
CY2022Q4 us-gaap Debt Securities Held To Maturity Amortized Cost After Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAmortizedCostAfterAllowanceForCreditLoss
9341000 usd
CY2023Q1 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Gain
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain
0 usd
CY2022Q4 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Gain
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain
0 usd
CY2023Q1 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Loss
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss
148000 usd
CY2022Q4 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Loss
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss
168000 usd
CY2023Q1 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
17973000 usd
CY2022Q4 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
9173000 usd
CY2023Q1 us-gaap Held To Maturity Securities Debt Maturities Within One Year Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount
11067000 usd
CY2023Q1 us-gaap Held To Maturity Securities Debt Maturities Within One Year Fair Value
HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearFairValue
11012000 usd
CY2023Q1 ftek Debt Securities Heldtomaturity Amortized Cost After Allowance For Credit Loss Maturity Allocated And Single Maturity Date After Year One Through Two
DebtSecuritiesHeldtomaturityAmortizedCostAfterAllowanceForCreditLossMaturityAllocatedAndSingleMaturityDateAfterYearOneThroughTwo
5607000 usd
CY2023Q1 us-gaap Debt Securities Held To Maturity Amortized Cost After Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAmortizedCostAfterAllowanceForCreditLoss
18121000 usd
CY2023Q1 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
17973000 usd
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
223000 usd
CY2022 ftek Provision For Doubtful Accounts Including Foreign Impact Of Foreign Exchange
ProvisionForDoubtfulAccountsIncludingForeignImpactOfForeignExchange
-19000 usd
CY2022 ftek Allowance For Doubtful Accounts Receivable Chargeoffs Recoveries
AllowanceForDoubtfulAccountsReceivableChargeoffsRecoveries
94000 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
110000 usd
CY2023Q1 ftek Provision For Doubtful Accounts Including Foreign Impact Of Foreign Exchange
ProvisionForDoubtfulAccountsIncludingForeignImpactOfForeignExchange
0 usd
CY2023Q1 ftek Allowance For Doubtful Accounts Receivable Chargeoffs Recoveries
AllowanceForDoubtfulAccountsReceivableChargeoffsRecoveries
-0 usd
CY2023Q1 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
110000 usd
CY2023Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
7287000 usd
CY2022Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
5535000 usd
CY2023Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
7287000 usd
CY2022Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
5535000 usd
CY2023Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
7287000 usd
CY2022Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
5535000 usd
CY2023Q1 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
427000 usd
CY2022Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
372000 usd
CY2021Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
390000 usd
CY2023Q1 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
359000 usd
CY2022Q1 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
230000 usd
CY2023Q1 ftek Contract With Customer Contracts In Progress Number Of Contracts Identified As Loss Contracts
ContractWithCustomerContractsInProgressNumberOfContractsIdentifiedAsLossContracts
0 pure
CY2023Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
7588000 usd
CY2023Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
7277000 usd
CY2023Q1 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P12M
CY2023Q1 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
3295000 usd
CY2022Q4 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
4605000 usd
CY2023Q1 us-gaap Unbilled Receivables Current
UnbilledReceivablesCurrent
3444000 usd
CY2022Q4 us-gaap Unbilled Receivables Current
UnbilledReceivablesCurrent
3082000 usd
CY2023Q1 us-gaap Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
126000 usd
CY2022Q4 us-gaap Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
152000 usd
CY2023Q1 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
110000 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
110000 usd
CY2023Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
6755000 usd
CY2022Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
7729000 usd
CY2023Q1 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
976006
CY2023Q1 us-gaap Treasury Stock Common Value
TreasuryStockCommonValue
2251000 usd
CY2023Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
30296000
CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
30267000
CY2023Q1 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
0
CY2022Q1 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
0
CY2023Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0
CY2022Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0
CY2023Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
30296000
CY2022Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
30267000
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
384500
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
2.98
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0
CY2023Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
0
CY2023Q1 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
-0
CY2023Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
0
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
-0
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
0
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
384500
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
2.98
CY2023Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P2Y2M8D
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
28000 usd
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
384500
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
2.98
CY2023Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P2Y2M8D
CY2023Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
28000 usd
CY2023Q1 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
2850000
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
CY2023Q1 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
1281000 usd
CY2023Q1 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 pure
CY2023Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
7287000 usd
CY2023Q1 us-gaap Cost Of Revenue
CostOfRevenue
4482000 usd
CY2023Q1 us-gaap Gross Profit
GrossProfit
2805000 usd
CY2023Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
3245000 usd
CY2023Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
218000 usd
CY2023Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-658000 usd
CY2022Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
5535000 usd
CY2022Q1 us-gaap Cost Of Revenue
CostOfRevenue
3245000 usd
CY2022Q1 us-gaap Gross Profit
GrossProfit
2290000 usd
CY2022Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
3054000 usd
CY2022Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
220000 usd
CY2022Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-984000 usd
CY2023Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
7287000 usd
CY2022Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
5535000 usd
CY2023Q1 us-gaap Noncurrent Assets
NoncurrentAssets
50282000 usd
CY2022Q4 us-gaap Noncurrent Assets
NoncurrentAssets
50124000 usd
CY2023Q1 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
427000 usd
CY2022Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
372000 usd
CY2023Q1 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
159000 usd
CY2022Q4 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
159000 usd
CY2023Q1 ftek Other Accrued Liabilities Miscellaneous Current
OtherAccruedLiabilitiesMiscellaneousCurrent
241000 usd
CY2022Q4 ftek Other Accrued Liabilities Miscellaneous Current
OtherAccruedLiabilitiesMiscellaneousCurrent
295000 usd
CY2023Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
827000 usd
CY2022Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
826000 usd
CY2023Q1 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
159000 usd
CY2023Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.000 pure
CY2022Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.000 pure
CY2023Q1 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21 pure
CY2023Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0 usd

Files In Submission

Name View Source Status
ftek-20230331_lab.xml Edgar Link unprocessable
0001437749-23-013321-index-headers.html Edgar Link pending
0001437749-23-013321-index.html Edgar Link pending
0001437749-23-013321.txt Edgar Link pending
0001437749-23-013321-xbrl.zip Edgar Link pending
ex_462688.htm Edgar Link pending
ex_462689.htm Edgar Link pending
ex_462690.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
ftek-20230331.xsd Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
ftek-20230331_cal.xml Edgar Link unprocessable
ftek-20230331_def.xml Edgar Link unprocessable
ftek20230331_10q.htm Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
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ftek-20230331_pre.xml Edgar Link unprocessable
ftek20230331_10q_htm.xml Edgar Link completed
R54.htm Edgar Link pending
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report.css Edgar Link pending
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