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FFTC Solar, Inc.

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FTC Solar, Inc.

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Income statement waterfall. Revenue $26.16M. Net result −$27.12M. A thin axis line marks the loss-zone boundary.

Income statement waterfall. Green diagonal stripes add to the running result, red diagonal stripes subtract from it, and a thin axis line marks the loss-zone boundary.

  • Revenue: $26.16M. Running result $26.16M. Product: $22.41M. Service: $3.75M.
  • Cost of revenue: −$28.39M. Running result −$2.23M.
  • Gross loss: −$2.23M. Running result −$2.23M.
  • Research and development: −$1.21M. Running result −$3.44M.
  • Selling and marketing: −$2.07M. Running result −$5.51M.
  • General and administrative: −$8.22M. Running result −$13.73M.
  • Operating income: −$13.73M. Running result −$13.73M.
  • Other expense: −$13.18M. Running result −$26.91M.
  • Pre-tax loss: −$26.91M. Running result −$26.91M.
  • Income tax expense: −$217K. Running result −$27.12M.
  • Net loss: −$27.12M. Running result −$27.12M.