Company: FTCI
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0000950170-25-047224
Chunk: 111

Company: FTC Solar, Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1
Chunk 111
---
 loss:

    Foreign currency translation adjustments

    (249
    )

    (232
    )

    Comprehensive loss
     
    $
    (48,855
    )
     
    $
    (50,522
    )

    Net loss per share:

    Basic and diluted (*)
     
    $
    (3.83
    )
     
    $
    (4.35
    )

    Weighted-average common shares outstanding:

    Basic and diluted (*)

    12,675,923

    11,554,615

___________

     * -
     Prior year amounts per share and number of shares, as applicable, have been revised to reflect the Reverse Stock Split, effective November 29, 2024.

The accompanying notes are an integral part of these consolidated financial statements.

61

FTC Solar, Inc.

Consolidated Statements of Changes in Stockholders' Equity

    Preferred stock

    Common stock

    Treasury stock

    (in thousands, except shares)
     
    Shares

    Amount

    Shares(*)

    Amount(*)

    Shares(*)

    Amount

    Additionalpaid-Incapital(*)

    Accumulated othercomprehensiveloss

    Accumulateddeficit

    Totalstockholders'equity

    Balance as of December 31, 2022

    —

    $
    —

    10,503,259

    $
    1

    1,076,257

    $
    —

    $
    315,355

    $
    (61
    )
     
    $
    (248,845
    )
     
    $
    66,450

    Shares issued during the period for vested restricted stock awards

    —

    —

    378,799

    —

    —

    —

    4,861

    —

    —

    4,861

    Issuance of common stock upon exercise of stock options

    —

    —

    71,796

    —

    —

    —

    226

    —

    —

    226

    Shares issued for legal settlement

    —

    —

    79,740

    —

    2,000

    2,000

    Shares acquired and retired

    —

    —

    (31,250
    )

    —

    —

    —

    —

    —

    —

    —

    Sale of shares

    —

    —

    1,542,189

    —

    34,