Company: FTCI
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0000950170-25-047224
Chunk: 20

Company: FTC Solar, Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1
Chunk 20
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 rights of the applicable licensors, if any, to these trademarks, service marks, trade names and copyrights. 

10

At December 31, 2024, we had patents in the following locations:

    Locations
     
    Patents Granted

    Patents Allowed and Pending for Examination

    United States

    49

    2

    Australia

    4

    1

    All other

    7

    1

    Total

    60

    4

Our issued U.S. patents are expected to expire between 2027 and 2043.

Human capital resources

Our year-end headcount by department for each period was as follows:

    Department
     
    December 31,2024

    December 31,2023

    Operations and support

    93

    106

    Research and development

    45

    41

    Sales and marketing

    20

    22

    General and administrative

    44

    44

    Total headcount at period end

    202

    213

Our employees at each year end were located in the following countries:

    Country
     
    December 31,2024

    December 31,2023

    United States

    82

    95

    India

    90

    92

    China

    9

    10

    Australia

    4

    5

    All other

    17

    11

    Total headcount at period end

    202

    213

We believe we have a diverse employee base in terms of gender, age, experience, background and ethnicity. As an example, the self-identified gender of our board of directors and global employee workforce at December 31, 2024, was as follows:

    Gender
     
    Board of Directors

    Global Executive Leadership Team

    All globalemployees

    Male

    6

    6

    164

    Female

    1

    2

    38

    Total at period end

    7

    8

    202

The age range for our board of directors and global employee workforce at December 31, 2024, was as follows:

    Age range of directors and employees
     
    Board of Directors

    Global Executive Leadership Team

    All globale