Fuel Tech Reports $31.8M Revenue, $2.1M Net Loss for FY2024
Ticker: FTEK · Form: 10-K · Filed: Mar 4, 2025 · CIK: 846913
| Field | Detail |
|---|---|
| Company | Fuel Tech, Inc. (FTEK) |
| Form Type | 10-K |
| Filed Date | Mar 4, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-k, annual-report, financials
TL;DR
Fuel Tech FY24: $31.8M Rev, $2.1M Loss. Assets $30.7M, Liab $30.4M. Still burning cash.
AI Summary
Fuel Tech, Inc. filed its 2024 10-K on March 4, 2025, reporting total revenues of $31.8 million for the fiscal year ending December 31, 2024. The company's net loss for the year was $2.1 million. As of December 31, 2024, Fuel Tech had total assets of $30.7 million and total liabilities of $30.4 million.
Why It Matters
This filing provides a comprehensive overview of Fuel Tech's financial performance and position for the fiscal year 2024, crucial for investors assessing the company's stability and future prospects.
Risk Assessment
Risk Level: medium — The company reported a net loss for the fiscal year, indicating ongoing financial challenges.
Key Numbers
- $31.8B — Total Revenue (FY2024 revenue reported by Fuel Tech.)
- $2.1M — Net Loss (FY2024 net loss for Fuel Tech.)
- $30.7M — Total Assets (As of December 31, 2024.)
- $30.4M — Total Liabilities (As of December 31, 2024.)
Key Players & Entities
- FUEL TECH, INC. (company) — Filer
- 2024-12-31 (date) — Fiscal Year End
- 20250304 (date) — Filing Date
- $31,767,329 (dollar_amount) — Total Revenue for FY2024
- $2,116 (dollar_amount) — Net Loss for FY2024
- $30,708,273 (dollar_amount) — Total Assets as of 2024-12-31
- $30,385,297 (dollar_amount) — Total Liabilities as of 2024-12-31
FAQ
What was Fuel Tech's total revenue for the fiscal year ended December 31, 2024?
Fuel Tech reported total revenues of $31,767,329 for the fiscal year ended December 31, 2024.
What was Fuel Tech's net loss for the fiscal year ended December 31, 2024?
Fuel Tech reported a net loss of $2,116 for the fiscal year ended December 31, 2024.
What were Fuel Tech's total assets as of December 31, 2024?
As of December 31, 2024, Fuel Tech's total assets were $30,708,273.
What were Fuel Tech's total liabilities as of December 31, 2024?
As of December 31, 2024, Fuel Tech's total liabilities were $30,385,297.
When did Fuel Tech file its 10-K for the fiscal year ended December 31, 2024?
Fuel Tech filed its 10-K for the fiscal year ended December 31, 2024, on March 4, 2025.
Filing Details
This Form 10-K (Form 10-K) was filed with the SEC on March 4, 2025 regarding FUEL TECH, INC. (FTEK).