Fuel Tech, Inc. (FTEK)

Fuel Tech Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	8.51	17.58	23.33	35.89	10.64
Short-Term Investments	10.18	12.14	2.98	-	-
Cash & Short-Term Investments	18.69	29.71	26.31	35.89	10.64
Cash Growth	-37.09%	12.94%	-26.70%	237.34%	-2.51%
Accounts Receivable	7.34	6.47	7.58	3.18	6.53
Other Receivables	2.02	0.26	0.15	0.08	0.02
Receivables	9.37	6.73	7.73	3.26	6.55
Inventory	0.4	0.44	0.39	0.35	0.1
Prepaid Expenses	1.16	1.44	1.4	1.02	1.64
Restricted Cash	-	-	-	0.89	1.6
Other Current Assets	-	-	-	0.06	0.55
Total Current Assets	29.62	38.32	35.83	41.47	21.07
Property, Plant & Equipment	5.67	5.15	4.63	4.85	5.61
Long-Term Investments	10.88	3.66	6.36	-	-
Goodwill	2.12	2.12	2.12	2.12	2.12
Other Intangible Assets	0.33	0.36	0.4	0.45	0.55
Other Long-Term Assets	0.19	0.78	0.79	1.09	0.73
Total Assets	48.8	50.39	50.12	49.97	30.09
Accounts Payable	2.92	2.42	2.71	1.56	2.35
Accrued Expenses	1.62	1.65	1.33	1	1.83
Current Portion of Leases	0.08	0.08	0.13	0.11	0.15
Current Unearned Revenue	1.08	1.38	0.45	0.39	0.85
Other Current Liabilities	0.16	0.16	0.16	0.16	0.35
Total Current Liabilities	5.86	5.69	4.77	3.22	5.53
Long-Term Debt	-	-	-	-	1.56
Long-Term Leases	0.55	0.53	0.07	0.12	0.24
Long-Term Deferred Tax Liabilities	0.18	0.17	0.18	0.14	0.13
Other Long-Term Liabilities	0.26	0.28	0.27	0.29	0.31
Total Liabilities	6.84	6.67	5.28	3.77	7.77
Common Stock	0.32	0.31	0.31	0.31	0.26
Additional Paid-In Capital	165.3	164.85	164.42	164.2	140.14
Retained Earnings	-119.47	-117.53	-115.99	-114.55	-114.6
Treasury Stock	-2.35	-2.25	-2.25	-2.23	-2.18
Comprehensive Income & Other	-1.84	-1.67	-1.65	-1.53	-1.29
Shareholders' Equity	41.96	43.71	44.84	46.2	22.32
Total Liabilities & Equity	48.8	50.39	50.12	49.97	30.09
Total Debt	0.63	0.61	0.19	0.24	1.94
Net Cash (Debt)	18.07	29.1	26.12	35.66	8.7
Net Cash Growth	-37.91%	11.42%	-26.75%	309.96%	-17.57%
Net Cash Per Share	0.59	0.96	0.86	1.20	0.35
Filing Date Shares Outstanding	30.71	30.39	30.3	30.26	30.23
Total Common Shares Outstanding	30.71	30.39	30.3	30.26	25.23
Working Capital	23.76	32.63	31.06	38.24	15.54
Book Value Per Share	1.36	1.44	1.48	1.52	0.88
Tangible Book Value	39.51	41.24	42.33	43.64	19.65
Tangible Book Value Per Share	1.28	1.35	1.39	1.44	0.78
Land	1.05	1.05	1.05	1.05	1.05
Buildings	6.63	6.61	6.58	6.58	6.84
Machinery	16.36	15.49	15.34	15.23	24.21
Construction In Progress	0	0.1	0.03	-	0.01
Order Backlog	6.18	7.46	8.2	9.1	5.3

Updated Mar 4, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q