{"schema_version":"secwatch.filing_event.v1","accession":"0000928054-22-000208","form_type":"8-K","ticker":"FTK","cik":"0000928054","company_name":"FLOTEK INDUSTRIES INC/CN/","filed_at":"2022-11-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:54.082072+00:00","generated_at":"2026-06-22T02:35:50.006652+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Flotek Q3 revenue $45.6M (+55% seq); net loss $18.8M; Adjusted EBITDA loss $8.4M","bullets":["Total revenue $45.6M, up 55% sequentially and 348% YoY; exceeded full-year 2021 revenue.","Net loss $18.8M ($0.25 per share) vs Q2 net income $6.2M; includes $4.25M non-cash loss on convertible notes.","Adjusted EBITDA loss $8.4M includes $1.9M bonus accrual; negative 18% of revenue (improved from -25% in Q2).","Cash & equivalents $8.6M at quarter-end (down from $33.1M in Q2); improved to $11.1M as of Nov 8.","Announced agreement with ProFrac to supply 20 JP3 Verax analyzers; six placed in service in Q4."],"urls":{"canonical":"https://secwatch.observer/filing/0000928054-22-000208","json":"https://secwatch.observer/filing/0000928054-22-000208.json","markdown":"https://secwatch.observer/filing/0000928054-22-000208.md","text":"https://secwatch.observer/filing/0000928054-22-000208.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/928054/000092805422000208/0000928054-22-000208-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/928054/000092805422000208/usgaap-20221108.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-22T02:35:50.006652+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"eb3b2be4ab38206665f0d6661faf0648428ca186","claim":"FLOTEK INDUSTRIES INC/CN/ reported the three months ended September 30, 2022 results: revenue $45.6 million, net income negative $18.8 million, or a loss of $0.25 per basic and diluted share.","evidence_excerpt":"trucks and the wear and tear caused by truck rolls. Key Third Quarter 2022 Financial Results  Total revenues: Flotek generated third quarter 2022 consolidated revenue of $45.6 million, up 55% from $29.4 million in the second quarter of 2022 and up 348% compared to the third quarter of 2021. Higher revenue was driven by continued increases in activity across","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/928054/000092805422000208/0000928054-22-000208-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three months ended September 30, 2022"},{"label":"Revenue","value":"$45.6 million"},{"label":"Net income","value":"negative $18.8 million, or a loss of $0.25 per basic and diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}