{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-23-022533","form_type":"8-K","ticker":"FTEK","cik":"0000846913","company_name":"FUEL TECH, INC.","filed_at":"2023-08-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.779900+00:00","generated_at":"2026-06-12T03:22:16.261635+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Fuel Tech Q2 revenue falls to $5.5M, net loss $(0.03)/share vs $(0.01) YoY","bullets":["Revenue $5.5M vs $6.4M Q2 2022; net loss $(1.0)M ($0.03/share) versus loss $(0.4)M ($0.01/share).","APC segment revenue rose 25% to $3.4M; FUEL CHEM segment fell to $2.0M from $3.6M on customer outages.","Gross margin contracted to 37% from 42%; operating loss $(1.3)M vs $(0.5)M.","Ended quarter with $32.9M cash/investments and no debt; APC backlog $6.6M.","Management expects improved FUEL CHEM revenue in H2 and modest full-year revenue growth."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-23-022533","json":"https://secwatch.observer/filing/0001437749-23-022533.json","markdown":"https://secwatch.observer/filing/0001437749-23-022533.md","text":"https://secwatch.observer/filing/0001437749-23-022533.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/846913/000143774923022533/0001437749-23-022533-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/846913/000143774923022533/ftek20230804_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T03:22:16.261635+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":"4e1f5200cf30200b341263b2fc66534a7252fba9","claim":"FUEL TECH, INC. reported the second quarter ended June 30, 2023 results: revenue $5.5 million, net income $(1.0) million, or $(0.03) per share, EPS $(0.03) per share. Guidance reaffirmed.","evidence_excerpt":"revenue for full year 2023 will improve modestly from 2022, driven primarily by our APC business.” Q2 2023 Consolidated Results Overview Consolidated revenues for Q2 2023 were $5.5 million compared to $6.4 million in the second quarter ended June 30, 2022 (“Q2 2022”), reflecting higher APC revenue offset by a decline in FUEL CHEM revenue. Consolidated gross margin","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/846913/000143774923022533/0001437749-23-022533-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the second quarter ended June 30, 2023"},{"label":"Revenue","value":"$5.5 million"},{"label":"Net income","value":"$(1.0) million, or $(0.03) per share"},{"label":"EPS","value":"$(0.03) per share"},{"label":"Guidance","value":"reaffirmed"},{"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"}