Company: FTCI
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0000950170-25-061469
Chunk: 3

Company: FTC Solar, Inc.
Filing Date: 2025-05-01
Form: 10-Q
Item: Item 1A
Chunk 3
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 providing panel agnostic versions of our solar tracker systems will depend in part upon our ability to continue to work closely with leading solar panel manufacturers.

oWe invest significant time, resources and management attention to identifying and developing project leads that are subject to our sales and marketing focus, and if we are unsuccessful in converting such project leads (or awarded orders) into binding purchase orders, our business, financial condition or results of operations could be materially adversely affected.

oWe plan to continue expanding into additional international markets, which will expose us to additional regulatory, economic, political, reputational and competitive risks.

•Risks Related to Government Regulations and Legal Compliance 

oThe reduction, elimination or expiration of government incentives for, or regulations mandating the use of, as well as corporate commitments to the use of, renewable energy and solar energy specifically could reduce demand for solar energy systems and harm our business.

oThe concentration of our sales in a limited number of specific markets increases risks associated with the reduction, elimination or expiration of governmental subsidies and economic incentives for solar energy products.

oExisting electric utility industry policies and regulations, and any subsequent changes, may present technical, regulatory and economic barriers to the purchase and use of solar energy systems that may significantly reduce demand for our products and services or harm our ability to compete.

oActions addressing determinations of forced labor practices in China and legislation and policies adopted to address such practices may disrupt the global supply of solar panels and affect our business.