Fuel tech, inc. (FTEK)
Income statement / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Sep'10Jun'10
Revenues

0

-

0

0

0

-

0

0

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Revenues

-

0

-

-

-

0

-

-

-

-

-

-

45,830

55,161

63,794

72,875

76,383

73,664

74,147

73,952

75,459

79,017

84,540

96,613

105,515

109,338

111,745

103,097

94,916

97,644

99,032

98,148

96,258

93,668

85,945

80,824

0

0

0

Costs and expenses:
Cost of sales

15,747

19,637

24,680

31,771

34,846

36,471

34,306

32,150

30,141

27,144

27,100

25,883

29,362

36,367

39,944

46,492

48,444

45,107

43,633

41,386

41,516

43,889

47,856

54,729

60,279

62,521

65,862

62,078

56,731

56,899

54,559

52,938

51,611

49,857

46,565

44,582

0

0

0

Selling, general and administrative

16,619

17,191

17,510

17,793

18,101

18,564

18,677

19,540

20,700

20,933

21,898

22,719

23,556

25,564

26,883

28,216

29,856

30,897

33,374

34,332

34,891

35,432

35,089

36,313

36,661

36,375

34,819

33,579

32,146

32,682

34,760

34,397

34,489

33,446

31,426

31,743

0

0

0

Restructuring charge

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on revaluation of ACT liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

Gain on revaluation of ACT liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

Research and development

1,185

1,127

1,082

995

1,051

1,073

1,104

1,055

1,074

1,070

407

863

878

1,752

197

1,046

1,733

1,447

3,986

2,844

2,087

1,459

1,466

1,548

1,753

2,442

2,643

2,751

3,290

2,863

2,443

2,232

1,578

1,474

1,339

1,146

0

0

0

Asset Impairment Charges

-

-

0

0

-

-

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Building impairment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Costs and expenses:

33,708

38,707

44,024

51,235

54,910

56,425

54,404

53,062

54,938

52,231

54,566

55,734

57,042

67,185

70,093

77,715

81,994

79,095

104,393

101,962

101,894

104,180

84,411

92,590

98,693

101,338

103,324

98,408

92,167

92,444

91,762

89,567

86,920

84,019

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Operating loss from continuing operations

-9,618

-8,240

-2,642

-235

-1,011

110

-310

-1,490

-5,472

-7,065

-13,218

-15,338

-11,212

-12,024

-6,299

-4,840

-5,611

-5,431

-30,246

-28,010

-26,435

-25,163

129

4,023

6,822

8,000

8,421

4,689

2,749

5,200

7,270

8,581

9,338

9,649

8,141

4,879

0

0

0

Interest expense

0

-

0

0

0

-

0

0

0

-

-

0

-

-

-

-

-

27

59

92

123

125

123

109

85

56

32

29

68

93

113

144

133

148

158

144

0

0

0

Interest income

50

41

33

15

6

6

5

6

9

10

12

15

18

25

25

23

24

21

23

26

25

29

38

46

54

58

59

85

0

-

0

0

-

35

23

10

0

0

0

Foreign exchange gain

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other income

193

-8

60

-3

35

2

-74

-123

-66

-60

-232

-445

-664

-925

-837

-683

-527

-360

-451

-636

-610

-544

-200

3

-87

-137

-320

-265

-208

-107

-105

-135

-218

-279

-163

-272

0

0

0

Loss from continuing operations before income taxes

-9,007

-7,837

-2,557

-227

-971

118

-379

-1,607

-5,529

-7,115

-13,438

-15,768

-11,858

-12,924

-7,108

-5,497

-6,114

-5,797

-30,733

-28,712

-27,143

-25,803

-156

3,963

6,704

7,865

8,134

4,462

2,566

5,078

7,124

8,372

9,021

9,257

7,843

4,473

0

0

0

Income tax expense

132

14

54

33

32

33

-568

-563

-579

-580

1,862

1,743

1,869

1,664

5,959

5,470

4,423

3,757

-10,308

-9,768

-8,850

-8,078

52

1,883

2,668

2,764

3,468

2,082

1,354

2,302

2,595

2,382

2,669

3,109

2,602

2,196

0

0

0

Net loss from continuing operations

-9,139

-7,851

-2,611

-260

-1,003

85

189

-1,044

-4,950

-6,535

-9,928

-11,551

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss from discontinued operations (net of income tax benefit of $0 in 2020 and 2019)

9

-1

-5

-33

-98

-113

-1,785

-2,014

-3,209

-3,914

-2,868

-3,456

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net loss

-9,130

-7,852

-2,616

-293

-1,101

-28

-1,596

-3,058

-8,159

-10,449

-18,881

-21,483

-17,257

-17,388

-17,350

-14,620

-13,363

-12,380

-20,425

-18,944

-18,293

-17,725

-208

2,080

4,036

5,101

4,666

2,380

1,212

2,776

4,529

5,990

6,352

6,148

5,241

2,277

0

0

0

Net loss per common share:
Net loss per common share:
Basic
Continuing operations (in dollars per share)

-0.10

-0.18

-0.05

-0.04

-0.05

0.04

0.04

-0.07

-0.01

0.05

-0.01

-0.24

-0.08

-

-0.10

-0.08

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Discontinued operations (in dollars per share)

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

-0.07

-0.01

-0.05

-0.03

-

-0.03

-0.04

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Basic net loss per common share (in dollars per share)

-0.10

-0.18

-0.05

-0.04

-0.05

0.04

0.04

-0.07

-0.01

-0.02

-0.02

-0.29

-0.11

0.35

-0.13

-0.12

-0.11

-0.40

-0.01

-0.06

-0.07

-0.75

0.05

-0.03

-0.05

0.01

0.16

0.06

0.00

0.00

0.05

0.00

0.07

0.07

0.11

0.02

0.06

0.03

-0.01

Diluted
Continuing operations (in dollars per share)

-0.10

-0.18

-0.05

-0.04

-0.05

0.04

0.04

-0.07

-0.01

0.05

-0.01

-0.24

-0.08

-

-0.10

-0.08

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Discontinued operations (in dollars per share)

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

-0.07

-0.01

-0.05

-0.03

-

-0.03

-0.04

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Diluted net loss per common share (in dollars per share)

-0.10

-0.18

-0.05

-0.04

-0.05

0.04

0.04

-0.07

-0.01

-0.02

-0.02

-0.29

-0.11

-0.38

-0.13

-0.12

-0.11

-0.40

-0.01

-0.06

-0.07

-0.75

0.05

-0.03

-0.05

0.03

0.15

0.05

0.00

0.01

0.05

0.00

0.06

0.07

0.11

0.02

0.05

0.03

-0.01

Weighted-average number of common shares outstanding:
Weighted-average number of common shares outstanding:
Basic (in shares)

24,597

24,257

24,187

24,187

24,177

24,169

24,171

24,170

24,146

24,145

24,133

23,738

23,472

23,449

23,446

23,381

23,184

23,170

23,167

23,140

22,927

22,838

22,835

22,814

22,641

22,459

22,376

22,197

22,112

22,033

22,105

23,107

23,591

23,575

24,322

24,269

24,214

24,213

24,215

Diluted (in shares)

24,597

24,257

24,187

24,187

24,177

23,752

24,588

24,170

24,146

24,145

24,133

23,738

23,472

23,449

23,446

23,381

23,184

23,170

23,167

23,140

22,927

22,457

23,216

22,814

22,641

22,375

22,534

23,295

22,112

22,873

23,022

23,984

24,261

24,104

24,850

24,909

24,669

24,381

24,215