FTC Solar Inc
NASDAQ:FTCI
Balance Sheet
Balance Sheet Decomposition
FTC Solar Inc
FTC Solar Inc
Balance Sheet
FTC Solar Inc
| Dec-2019 | Dec-2020 | Dec-2021 | Dec-2022 | Dec-2023 | Dec-2024 | ||
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Cash & Cash Equivalents |
7
|
32
|
102
|
44
|
25
|
11
|
|
| Cash |
7
|
32
|
102
|
44
|
25
|
11
|
|
| Total Receivables |
14
|
24
|
108
|
49
|
65
|
40
|
|
| Accounts Receivables |
14
|
24
|
108
|
49
|
65
|
40
|
|
| Other Receivables |
0
|
0
|
0
|
0
|
0
|
0
|
|
| Inventory |
5
|
2
|
9
|
15
|
4
|
10
|
|
| Other Current Assets |
5
|
8
|
17
|
10
|
14
|
15
|
|
| Total Current Assets |
31
|
66
|
236
|
119
|
109
|
76
|
|
| PP&E Net |
0
|
1
|
3
|
3
|
4
|
3
|
|
| PP&E Gross |
0
|
0
|
3
|
3
|
4
|
3
|
|
| Accumulated Depreciation |
0
|
0
|
0
|
1
|
2
|
3
|
|
| Intangible Assets |
0
|
0
|
0
|
1
|
1
|
0
|
|
| Goodwill |
0
|
0
|
0
|
8
|
7
|
7
|
|
| Long-Term Investments |
3
|
2
|
0
|
0
|
0
|
1
|
|
| Other Long-Term Assets |
1
|
3
|
4
|
4
|
3
|
2
|
|
| Other Assets |
0
|
0
|
0
|
8
|
7
|
7
|
|
| Total Assets |
34
N/A
|
71
+111%
|
243
+240%
|
134
-45%
|
123
-8%
|
90
-27%
|
|
| Liabilities | |||||||
| Accounts Payable |
8
|
17
|
39
|
16
|
8
|
13
|
|
| Accrued Liabilities |
6
|
18
|
48
|
24
|
36
|
21
|
|
| Short-Term Debt |
0
|
0
|
0
|
0
|
0
|
0
|
|
| Current Portion of Long-Term Debt |
0
|
1
|
0
|
0
|
0
|
0
|
|
| Other Current Liabilities |
20
|
24
|
6
|
20
|
11
|
15
|
|
| Total Current Liabilities |
34
|
60
|
93
|
60
|
55
|
49
|
|
| Long-Term Debt |
8
|
1
|
0
|
0
|
0
|
9
|
|
| Deferred Income Tax |
0
|
0
|
0
|
0
|
0
|
0
|
|
| Other Liabilities |
1
|
3
|
7
|
8
|
6
|
12
|
|
| Total Liabilities |
42
N/A
|
64
+51%
|
100
+57%
|
68
-32%
|
61
-11%
|
71
+17%
|
|
| Equity | |||||||
| Common Stock |
0
|
0
|
0
|
0
|
0
|
0
|
|
| Retained Earnings |
27
|
43
|
149
|
249
|
299
|
348
|
|
| Additional Paid In Capital |
18
|
50
|
292
|
315
|
362
|
367
|
|
| Treasury Stock |
0
|
0
|
0
|
0
|
0
|
0
|
|
| Other Equity |
0
|
0
|
0
|
0
|
0
|
1
|
|
| Total Equity |
8
N/A
|
8
N/A
|
143
+1 805%
|
67
-53%
|
62
-6%
|
19
-70%
|
|
| Total Liabilities & Equity |
34
N/A
|
71
+111%
|
243
+240%
|
134
-45%
|
123
-8%
|
90
-27%
|
|
| Shares Outstanding | |||||||
| Common Shares Outstanding |
9
|
9
|
9
|
11
|
13
|
13
|
|