Fuel Tech, Inc. (FTEK)

Fuel Tech Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	10.59	8.51	17.58	23.33	35.89	10.64
Short-Term Investments	12.42	10.18	12.14	2.98	-	-
Cash & Short-Term Investments	23.01	18.69	29.71	26.31	35.89	10.64
Cash Growth	14.63%	-37.09%	12.94%	-26.70%	237.34%	-2.51%
Accounts Receivable	6.29	9.37	6.73	7.73	3.26	6.55
Inventory	0.62	0.4	0.44	0.39	0.35	0.1
Other Current Assets	1.09	1.16	1.44	1.4	1.97	3.79
Total Current Assets	31.01	29.62	38.32	35.83	41.47	21.07
Net Property, Plant & Equipment	5.43	5.67	5.15	4.63	4.85	5.61
Other Intangible Assets	0.32	0.33	0.36	0.4	0.45	0.55
Goodwill	2.12	2.12	2.12	2.12	2.12	2.12
Long-Term Investments	7.93	10.88	3.66	6.36	-	-
Other Long-Term Assets	0.21	0.19	0.78	0.79	1.09	0.73
Total Assets	47	48.8	50.39	50.12	49.97	30.09
Accounts Payable	2.12	2.92	2.42	2.71	1.56	2.35
Accrued Expenses	0.74	1.25	1.25	1.11	0.69	0.93
Current Portion of Leases	0.08	0.08	0.08	0.13	0.11	0.15
Other Current Liabilities	2.38	1.62	1.93	0.83	0.86	2.1
Total Current Liabilities	5.33	5.86	5.69	4.77	3.22	5.53
Long-Term Debt	-	-	-	-	-	1.56
Long-Term Leases	0.54	0.55	0.53	0.07	0.12	0.24
Other Long-Term Liabilities	0.48	0.44	0.45	0.45	0.43	0.44
Total Long-Term Liabilities	1.01	0.99	0.99	0.52	0.55	2.24
Total Liabilities	6.34	6.84	6.67	5.28	3.77	7.77
Common Stock	0.32	0.32	0.31	0.31	0.31	0.26
Treasury Stock	-2.57	-2.35	-2.25	-2.25	-2.23	-2.18
Additional Paid-in Capital	165.5	165.3	164.85	164.42	164.2	140.14
Accumulated Other Comprehensive Income	-1.77	-1.92	-1.75	-1.73	-1.6	-1.37
Retained Earnings	-120.9	-119.47	-117.53	-115.99	-114.55	-114.6
Total Common Shareholders' Equity	40.59	41.88	43.64	44.77	46.12	22.25
Minority Interest	0.08	0.08	0.08	0.08	0.08	0.08
Shareholders' Equity	40.66	41.96	43.71	44.84	46.2	22.32
Total Liabilities & Equity	47	48.8	50.39	50.12	49.97	30.09
Total Debt	0.62	0.63	0.61	0.19	0.24	1.94
Net Cash (Debt)	22.39	18.07	29.1	26.12	35.66	8.7
Net Cash Growth	23.91%	-37.91%	11.42%	-26.75%	309.96%	-17.57%
Net Cash Per Share	0.73	0.59	0.96	0.86	1.20	0.35
Book Value	40.59	41.88	43.64	44.77	46.12	22.25
Book Value Per Share	1.32	1.37	1.44	1.48	1.55	0.90
Tangible Book Value	38.16	39.44	41.16	42.25	43.56	19.58
Tangible Book Value Per Share	1.24	1.29	1.36	1.39	1.47	0.79

Updated Jun 30, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q