---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-033639"
form_type: "8-K"
ticker: "FTEK"
cik: "0000846913"
company_name: "FUEL TECH, INC."
filed_at: "2024-11-06T23:59:59+00:00"
generated_at: "2026-05-30T04:58:25.076054+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Fuel Tech Q3 net income $80k vs $459k; new APC orders $2.0M; cash $31.3M, no debt

## Summary
- Q3 2024 revenues $7.9M (down from $8.0M); net income $80k ($0.00 EPS) vs $459k ($0.01 EPS) YoY.
- Adjusted EBITDA loss of $35k vs positive $352k in Q3 2023; gross margin 43.4% vs 45.2%.
- FUEL CHEM revenue rose to $4.6M (up $0.3M); APC revenue fell to $3.2M (down $0.5M) on customer delays.
- New commercial TIFI program projected $1.5-2.0M annual revenue at historical FUEL CHEM margins.
- APC backlog $6.4M at Sep 30; new $2.0M APC orders announced; cash+investments $31.3M, no debt.

## SEC filing metadata
- accession: 0001437749-24-033639
- form_type: 8-K
- ticker: FTEK
- cik: 0000846913
- company_name: FUEL TECH, INC.
- filed_at: 2024-11-06T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/846913/000143774924033639/0001437749-24-033639-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/846913/000143774924033639/ftek20241030_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-033639
- JSON: https://secwatch.observer/filing/0001437749-24-033639.json
- Plain text: https://secwatch.observer/filing/0001437749-24-033639.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.