Fuel tech, inc. (FTEK)
Balance Sheet / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Dec'10
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents

-

-

-

14,919

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

ASSETS
Current assets:
Cash and cash equivalents

8,003

10,914

12,850

11,664

7,135

12,039

4,198

3,912

5,667

8,366

6,130

6,576

10,203

11,826

13,332

12,426

9,383

21,684

14,398

14,967

18,310

18,637

16,906

24,918

27,738

23,672

23,113

15,157

24,453

24,483

24,725

31,055

28,229

28,998

30,647

30,524

Restricted cash

-

-

-

-

-

6,020

-

-

-

1,020

-

-

-

6,020

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restricted Cash and Cash Equivalents, Current

2,771

2,080

988

2,768

6,020

-

6,520

6,520

1,520

-

1,020

1,020

6,020

-

6,020

7,020

2,000

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Marketable securities

-

-

-

-

-

-

3

2

4

6

7

11

11

9

15

7

14

19

31

37

36

36

54

76

30

28

24

44

44

57

40

81

57

53

109

-

Accounts Receivable, after Allowance for Credit Loss, Current

5,620

6,473

10,124

14,627

17,787

18,399

26,437

21,294

20,164

19,690

21,323

18,969

15,363

18,790

19,804

22,429

26,546

23,060

29,294

29,539

26,982

31,910

36,344

35,638

36,974

43,430

41,418

37,504

30,169

29,586

25,750

26,307

34,346

27,920

21,500

21,175

Inventories, net

367

264

291

317

801

957

647

725

1,026

945

926

1,560

1,244

1,012

992

1,498

1,436

1,653

1,428

1,390

1,645

1,111

1,360

916

443

538

719

603

513

957

389

330

311

857

648

807

Prepaid expenses and other current assets

1,729

1,879

1,834

2,241

3,104

3,302

2,348

3,819

3,548

3,592

2,738

2,984

2,796

2,891

2,473

2,390

2,960

3,889

3,660

3,919

4,130

4,094

2,959

2,668

2,196

2,555

1,716

3,016

3,956

1,522

1,206

1,779

2,026

1,549

1,759

1,861

Income taxes receivable

-

-

-

-

-

-

-

-

-

129

-

-

-

87

-

-

-

1,857

-

-

-

597

-

-

1,407

-

-

-

156

-

-

-

1,124

-

-

-

Income taxes receivable

69

0

130

129

131

-

135

140

128

-

61

65

72

-

733

659

2,415

-

2,762

2,629

1,534

-

1,935

2,333

-

0

1,182

1,184

-

1,400

897

506

-

740

-

-

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

1,239

239

2,088

1,804

2,007

1,953

771

590

477

555

635

519

573

411

360

241

163

255

129

89

Total current assets

18,559

21,610

26,217

31,746

34,978

40,717

40,288

36,412

32,057

33,748

32,205

31,185

35,709

40,635

43,369

46,429

45,993

52,401

53,661

54,285

54,644

58,338

60,329

67,139

69,265

70,778

68,807

58,027

59,864

58,416

53,367

60,299

66,256

60,372

54,792

54,456

Property and equipment, net of accumulated depreciation of $26,326 and $26,174, respectively

5,500

5,662

5,712

5,832

6,003

5,976

6,117

6,066

6,111

6,272

6,491

6,601

10,362

10,517

10,889

11,247

11,568

12,001

12,301

12,740

13,239

13,527

13,407

12,797

13,027

13,484

13,811

13,693

13,749

13,824

14,090

13,716

13,625

13,590

14,021

14,384

Goodwill

2,116

2,116

2,116

2,116

2,116

2,116

2,116

2,116

-

2,116

-

2,116

2,116

2,116

2,116

2,116

2,116

2,116

2,116

2,116

2,116

2,116

28,519

21,051

21,051

21,051

21,051

21,051

21,051

21,051

21,051

21,051

21,051

21,051

21,051

21,051

Other intangible assets, net of accumulated amortization of $1,033 and $991, respectively

877

906

966

1,070

1,147

1,164

1,184

1,234

1,640

1,671

1,700

1,722

3,283

1,796

6,000

6,381

6,748

7,144

9,033

9,507

9,960

10,464

4,063

4,167

4,305

4,420

4,574

4,696

4,838

4,990

5,161

5,362

5,442

5,647

5,755

6,050

Restricted cash

-

-

-

-

-

0

-

-

-

5,000

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,198

1,205

0

992

4,478

4,275

5,140

5,649

-

-

0

6

2,457

3,534

3,688

3,663

3,643

3,726

3,798

4,108

4,894

5,000

Restricted Cash and Cash Equivalents, Noncurrent

362

507

1,494

487

-

-

0

0

5,000

-

5,000

5,000

-

-

-

-

5,020

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Right-of-use operating lease assets

1,095

980

1,104

1,293

1,411

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Assets held for sale

-

-

-

396

413

485

485

485

485

485

1,839

1,839

-

2,058

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other assets

412

443

270

1,041

1,177

1,261

490

644

1,221

1,192

669

595

684

666

1,259

1,320

1,334

1,357

1,344

1,368

1,364

1,377

1,871

2,371

2,410

2,438

2,372

2,659

2,707

2,578

2,756

2,960

2,818

2,362

2,337

2,262

Assets

28,921

32,224

37,879

43,981

47,245

51,719

50,680

46,957

48,630

50,484

50,020

49,058

52,154

57,788

64,831

68,698

72,779

76,011

82,933

84,291

86,463

91,471

108,189

107,525

110,058

112,177

113,072

103,660

105,897

104,522

100,068

107,114

112,990

107,130

102,850

103,203

LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Short-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

818

1,625

2,355

1,622

1,636

1,626

807

-

0

1,184

1,187

1,188

1,181

2,343

2,321

2,269

Accounts payable

1,793

2,117

2,618

3,890

6,339

9,499

12,874

9,766

9,430

9,065

9,281

4,737

4,480

6,303

5,802

7,267

8,615

8,942

8,094

8,964

6,363

7,310

8,509

9,453

9,920

12,521

13,026

11,725

12,828

9,825

6,459

9,221

10,476

8,416

6,647

7,516

Accrued liabilities:
Operating lease liabilities - current

284

300

376

472

558

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Employee compensation

609

519

661

947

1,160

1,563

1,055

1,484

1,518

1,487

1,133

1,189

1,170

1,390

1,879

1,556

1,620

1,645

1,680

1,625

1,876

2,007

1,758

2,110

4,460

3,830

3,184

2,110

3,175

3,014

2,367

1,973

4,902

2,741

1,958

2,863

Income taxes payable

36

0

-

-

-

-

0

0

52

73

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

353

-

-

-

-

-

-

-

-

412

1,857

Other Accrued Liabilities, Current

1,510

1,976

2,419

5,282

4,900

6,099

3,125

2,919

2,554

5,098

3,878

7,192

5,169

6,357

4,341

4,487

4,964

5,949

4,682

4,805

6,698

7,708

7,172

5,729

4,630

6,032

9,881

5,003

4,943

5,147

4,849

4,444

6,071

4,899

2,369

3,306

Total current liabilities

4,232

4,912

6,074

10,591

12,957

17,161

17,054

14,169

13,554

15,723

14,292

13,118

10,819

14,050

12,022

13,310

15,199

16,536

14,456

15,394

15,755

18,650

19,794

18,914

20,646

24,362

26,898

18,838

20,946

19,170

14,862

16,826

22,630

18,399

13,707

17,811

Operating lease liabilities - non-current

794

680

715

810

845

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes, net

172

171

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-

-

171

172

173

171

-

-

-

169

-

-

-

-

-

-

-

-

-

-

-

-

144

489

59

-

-

-

0

-

-

-

-

-

-

-

Other liabilities

270

286

278

290

287

335

325

367

400

420

477

512

365

346

401

503

510

501

527

500

487

520

509

725

730

800

701

689

715

952

1,349

1,362

1,347

1,346

1,567

1,482

Liabilities

5,468

6,049

7,238

11,863

14,262

17,667

17,379

14,536

13,954

16,312

14,769

13,630

11,184

14,396

12,423

13,813

15,709

17,037

14,983

15,894

16,242

19,170

20,447

20,128

21,435

25,162

27,599

19,527

21,661

20,122

16,211

18,188

23,977

19,745

15,274

19,293

COMMITMENTS AND CONTINGENCIES (Note 13)

-

-

-

-

-

-

0

0

0

-

0

0

0

-

0

0

0

0

0

0

0

0

-

-

0

-

-

-

0

-

-

-

-

-

-

-

Stockholders’ equity:
Stockholders’ equity:
Common stock, $.01 par value, 40,000,000 shares authorized, 25,404,299 and 25,053,480 shares issued, and 24,636,390 and 24,592,578 shares outstanding, respectively

254

254

248

248

248

248

248

248

248

248

248

248

239

238

238

238

235

234

234

234

233

230

230

230

227

225

225

221

221

221

222

233

237

238

243

242

Additional paid-in capital

139,641

139,560

139,349

139,211

139,088

138,992

138,895

138,797

138,701

138,760

138,578

138,527

137,369

137,380

136,909

136,429

135,753

135,394

134,905

134,418

134,890

134,985

134,328

133,395

132,796

131,500

133,602

133,780

133,498

133,137

132,669

132,560

132,350

131,715

131,153

129,424

Accumulated deficit

-112,892

-110,325

-105,985

-104,707

-103,762

-102,495

-103,222

-104,267

-102,514

-102,672

-101,296

-100,880

-94,026

-91,520

-82,416

-79,398

-76,769

-74,132

-65,066

-64,777

-63,406

-61,752

-45,833

-45,113

-44,027

-44,433

-47,913

-49,149

-49,128

-49,099

-49,584

-44,373

-44,031

-45,014

-44,306

-46,075

Accumulated other comprehensive loss

-2,009

-1,778

-1,561

-1,224

-1,181

-1,285

-1,212

-949

-353

-768

-883

-1,071

-1,451

-1,568

-1,185

-1,246

-1,130

-1,556

-1,157

-512

-609

-448

-306

-444

37

37

-127

-655

-392

65

474

430

381

370

410

243

Nil coupon perpetual loan notes

76

76

76

76

76

76

76

76

76

76

76

76

76

76

76

76

76

76

76

76

76

76

76

76

76

76

76

76

76

76

76

76

76

76

76

76

Treasury Stock, Value

1,617

1,612

1,486

1,486

1,486

1,484

1,484

1,484

1,482

1,472

1,472

1,472

1,237

1,214

1,214

1,214

1,095

1,042

1,042

1,042

963

790

753

747

486

390

390

140

39

-

-

-

-

-

-

-

Stockholders' Equity Attributable to Parent

23,453

26,175

30,641

32,118

32,983

34,052

33,301

32,421

34,676

34,172

35,251

35,428

40,970

43,392

52,408

54,885

57,070

58,974

67,950

68,397

70,221

72,301

87,742

87,397

88,623

87,015

85,473

84,133

84,236

84,400

83,857

88,926

89,013

87,385

87,576

83,910

Total liabilities and stockholders’ equity

28,921

32,224

37,879

43,981

47,245

51,719

50,680

46,957

48,630

50,484

50,020

49,058

52,154

57,788

64,831

68,698

72,779

76,011

82,933

84,291

86,463

91,471

108,189

107,525

110,058

112,177

113,072

103,660

105,897

104,522

100,068

107,114

112,990

107,130

102,850

103,203