secwatch.observer — SEC 8-K summary
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Issuer:     FUEL TECH, INC. (FTEK)
CIK:        0000846913
Form:       8-K
Filed at:   2025-03-04T23:59:59+00:00
Accession:  0001437749-25-006115
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Fuel Tech Q4 net loss widens to $1.9M; FY 2024 revenue $25.1M at low end of guidance
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- Q4 2024 revenue $5.3M (down 16% YoY); gross margin 42.3% vs 51.1%.
- Net loss $(1.9)M ($0.06/share) vs $(0.5)M loss in Q4 2023.
- FY 2024 revenue $25.1M (down 7% YoY); net loss $(1.9)M vs $(1.5)M.
- Cash & investments ~$30M, no debt; APC backlog $6.2M plus $1.6M new Q1 2025 awards.
- FUEL CHEM revenue flat; DGI demo at fish hatchery set for Q2 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/846913/000143774925006115/0001437749-25-006115-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/846913/000143774925006115/ftek20250226_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-006115

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer