{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-22-023488","form_type":"8-K","ticker":"FTCI","cik":"0001828161","company_name":"FTC Solar, Inc.","filed_at":"2022-11-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:52.444356+00:00","generated_at":"2026-06-22T01:51:53.218160+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"FTC Solar Q3 revenue down 69% YoY to $16.6M; backlog hits $961M, Q4 guidance lower","bullets":["Revenue $16.6M (-69% YoY); GAAP net loss $25.6M ($0.25/shr); Adjusted EBITDA loss $17.7M.","Backlog reached $961M, up $203M since Aug 9; record 90GW project pipeline.","Launched Pioneer 1P tracker with initial 500MW agreement; awarded 128MW Australia project.","Q4 guidance: rev $23-27M, adj EBITDA loss $(14.5)-$(10)M; sees Q3 as low point.","UFLPA-related module delays continue impacting US market; international expansion progressing."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-22-023488","json":"https://secwatch.observer/filing/0000950170-22-023488.json","markdown":"https://secwatch.observer/filing/0000950170-22-023488.md","text":"https://secwatch.observer/filing/0000950170-22-023488.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1828161/000095017022023488/0000950170-22-023488-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1828161/000095017022023488/ftci-20221109.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-22T01:51:53.218160+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":"6c567e2b07f21015d727be84251b5740c818949e","claim":"FTC Solar, Inc. reported the third quarter ended September 30, 2022 results: revenue $16,572, net income $(25,636), EPS $(0.25).","evidence_excerpt":"Summary Financial Performance: Q3 2022 compared to Q3 2021 GAAP Non-GAAP Three months ended September 30, (in thousands, except per share data) 2022 2021 2022 2021 Revenue $ 16,572 $ 52,989 $ 16,572 $ 52,989 Gross margin percentage (57.4 %) (15.2 %) (49.8 %) (14.5 %) Total operating expenses $ 17,179 $ 14,731 $ 9,147 $ 8,412 Loss from operations (a) $","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1828161/000095017022023488/0000950170-22-023488-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the third quarter ended September 30, 2022"},{"label":"Revenue","value":"$16,572"},{"label":"Net income","value":"$(25,636)"},{"label":"EPS","value":"$(0.25)"},{"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"}