{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-26-106656","form_type":"8-K","ticker":"FTCI","cik":"0001828161","company_name":"FTC Solar, Inc.","filed_at":"2026-10-05T12:05:34+00:00","discovered_at":"2026-10-05T12:10:00.151617+00:00","generated_at":"2026-10-12T14:45:15.850143+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"FTC Solar defers $5M repayment to March 2027, waives Q3/Q4 2026 credit covenants","bullets":["Third Amendment to July 2, 2025 credit agreement defers a $5,000,000 ECF repayment from September 30, 2026 to March 31, 2027.","No financial covenants apply to Q3 or Q4 2026; minimum unrestricted cash of $15,000,000 is tested starting January 4, 2027.","Revenue covenant: LQ revenue of at least $60,000,000 for the quarter ending March 31, 2027, rising to $75,000,000 for each quarter thereafter.","EBITDA covenant: at least $2,000,000 for Q1 2027, then $25,000,000 for the 12 months ending December 31, 2027 and each fiscal year end after.","Direct tracker margin thresholds begin with the quarter ending March 31, 2027; the minimum Purchase Order Amount covenant is unchanged and applies that quarter."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-26-106656","json":"https://secwatch.observer/filing/0001213900-26-106656.json","markdown":"https://secwatch.observer/filing/0001213900-26-106656.md","text":"https://secwatch.observer/filing/0001213900-26-106656.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1828161/000121390026106656/0001213900-26-106656-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1828161/000121390026106656/ea0307642-8k_ftcsolar.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-12T14:45:15.850143+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"}