secwatch.observer — SEC 8-K summary
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Issuer:     FUEL TECH, INC. (FTEK)
CIK:        0000846913
Form:       8-K
Filed at:   2026-05-05T23:59:59+00:00
Accession:  0001437749-26-014902
Event type: earnings
Sentiment:  negative
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Fuel Tech Q1 net loss widens to $1.4M; revenue down 5% YoY
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- Revenue $6.1M (-5% YoY); net loss $(1.4)M ($(0.04)/share) vs $(0.7)M loss a year ago.
- Adjusted EBITDA loss $(1.3)M vs $(0.7)M; SG&A rose to 61% of revenue from 52%.
- APC segment revenue up 23% to $1.6M; gross margin 38.3%; backlog $6.9M plus $10M new awards.
- FUEL CHEM revenue $4.5M (-12% YoY); gross margin 45.3% vs 49.9% on lower sales.
- Cash & investments $30.6M, no debt; equity $38.6M ($1.24/share) at March 31, 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/846913/000143774926014902/0001437749-26-014902-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/846913/000143774926014902/ftek20260504_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-014902

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