{"schema_version":"secwatch.filing_event.v1","accession":"0000928054-23-000047","form_type":"8-K/A","ticker":"FTK","cik":"0000928054","company_name":"FLOTEK INDUSTRIES INC/CN/","filed_at":"2023-03-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:48.628683+00:00","generated_at":"2026-06-17T22:48:05.333976+00:00","sec_items":["9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Flotek reports 2022 revenue $136.1M (+215% YoY); net loss $42.3M; material weakness and going concern expected","bullets":["Q4 2022 revenue $48.2M (+297% YoY, +5.7% sequentially); net loss $19.0M ($0.25/share).","Full-year 2022 Adjusted EBITDA loss $26.2M; Q4 Adj. EBITDA -$5.1M improved from -$8.4M in Q3.","Material weakness in internal controls identified; expects going concern qualification in 10-K due to recurring losses.","Leadership changes: David Nierenberg Chairman, Harsha Agadi Interim CEO, Ryan Ezell President, Bond Clement CFO.","ProFrac fleets grew from 16 to 21; market share ~11% of active US frac fleets; sold Monahans facility for $1.5M."],"urls":{"canonical":"https://secwatch.observer/filing/0000928054-23-000047","json":"https://secwatch.observer/filing/0000928054-23-000047.json","markdown":"https://secwatch.observer/filing/0000928054-23-000047.md","text":"https://secwatch.observer/filing/0000928054-23-000047.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/928054/000092805423000047/0000928054-23-000047-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/928054/000092805423000047/usgaap-20230321.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T22:48:05.333976+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}