{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-004848","form_type":"8-K","ticker":"FTCI","cik":"0001828161","company_name":"FTC Solar, Inc.","filed_at":"2023-02-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:46.866500+00:00","generated_at":"2026-06-18T22:37:26.132180+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"FTC Solar Q4 revenue $26.2M, down 74% YoY; backlog hits $1.2B; guides Q1 $36-40M","bullets":["GAAP net loss $20.5M ($0.20 loss per share); non-GAAP adjusted EBITDA loss $11.0M.","Revenue up 58% sequentially from Q3 lows; non-GAAP gross margin improved to (3.4%) from (57.4%) prior quarter.","Backlog crosses $1B for first time at $1.2B, with $240M added in period; pipeline record 110GW.","Q1 2023 guidance: revenue $36-40M, non-GAAP gross margin 2%-8%, adjusted EBITDA loss $(10.3)-(6.8)M.","Announced U.S. manufacturing joint venture using domestic steel to capture IRA benefits."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-004848","json":"https://secwatch.observer/filing/0000950170-23-004848.json","markdown":"https://secwatch.observer/filing/0000950170-23-004848.md","text":"https://secwatch.observer/filing/0000950170-23-004848.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1828161/000095017023004848/0000950170-23-004848-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1828161/000095017023004848/ftci-20230228.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-18T22:37:26.132180+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":"e80e636b70ae39898f11f12f8cdb8d2083a91513","claim":"FTC Solar, Inc. reported the fourth quarter ended December 31, 2022 results: revenue $26.2 million, net income $20.5 million, EPS $0.20 per share. Guidance initiated.","evidence_excerpt":"$ (20,501 ) $ (23,882 ) $ (11,499 ) $ (16,653 ) Diluted loss per share $ (0.20 ) $ (0.25 ) $ (0.11 ) $ (0.17 ) (a) Adjusted EBITDA for Non-GAAP Total fourth quarter revenue was $26.2 million, in line with our prior guidance range. This revenue level reflects the lower demand environment in the U.S., as customers struggle to navigate the regulatory environment and get","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1828161/000095017023004848/0000950170-23-004848-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter ended December 31, 2022"},{"label":"Revenue","value":"$26.2 million"},{"label":"Net income","value":"$20.5 million"},{"label":"EPS","value":"$0.20 per share"},{"label":"Guidance","value":"initiated"},{"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"}