Fuel Tech Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	11.94	8.51	17.58	23.33	35.89
Short-Term Investments	12.94	10.18	12.14	2.98	-
Cash & Short-Term Investments	24.88	18.69	29.71	26.31	35.89
Cash Growth	33.10%	-37.09%	12.94%	-26.70%	237.34%
Accounts Receivable	5.36	9.37	6.73	7.73	3.26
Inventory	0.37	0.4	0.44	0.39	0.35
Other Current Assets	1.34	1.16	1.44	1.4	1.97
Total Current Assets	31.94	29.62	38.32	35.83	41.47
Net Property, Plant & Equipment	5.28	5.67	5.15	4.63	4.85
Other Intangible Assets	0.65	0.33	0.36	0.4	0.45
Goodwill	2.12	2.12	2.12	2.12	2.12
Long-Term Investments	6.99	10.88	3.66	6.36	-
Other Long-Term Assets	0.21	0.19	0.78	0.79	1.09
Total Assets	47.18	48.8	50.39	50.12	49.97
Accounts Payable	3.24	2.92	2.42	2.71	1.56
Accrued Expenses	2.94	2.86	3.19	1.93	1.55
Current Portion of Leases	0.09	0.08	0.08	0.13	0.11
Total Current Liabilities	6.27	5.86	5.69	4.77	3.22
Long-Term Leases	0.49	0.55	0.53	0.07	0.12
Other Long-Term Liabilities	0.48	0.44	0.45	0.45	0.43
Total Long-Term Liabilities	0.97	0.99	0.99	0.52	0.55
Total Liabilities	7.25	6.84	6.67	5.28	3.77
Common Stock	0.32	0.32	0.31	0.31	0.31
Treasury Stock	-2.57	-2.35	-2.25	-2.25	-2.23
Additional Paid-in Capital	165.69	165.37	164.93	164.5	164.28
Accumulated Other Comprehensive Income	-1.72	-1.92	-1.75	-1.73	-1.6
Retained Earnings	-121.8	-119.47	-117.53	-115.99	-114.55
Shareholders' Equity	39.93	41.96	43.71	44.84	46.2
Total Liabilities & Equity	47.18	48.8	50.39	50.12	49.97
Total Debt	0.58	0.63	0.61	0.19	0.24
Net Cash (Debt)	24.3	18.07	29.1	26.12	35.66
Net Cash Growth	34.49%	-37.91%	11.42%	-26.75%	309.96%
Net Cash Per Share	0.79	0.59	0.96	-	1.20
Book Value	39.93	41.96	43.71	44.84	46.2
Book Value Per Share	1.29	1.37	1.44	-	1.56
Tangible Book Value	37.17	39.51	41.24	42.33	43.64
Tangible Book Value Per Share	1.20	1.29	1.36	-	1.47

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q