Microcap Ledger

Tickers · $FTEK

Fuel Tech, Inc. $FTEK

By Microcap Ledger desk · CIK 0000846913

Facts as of . Built from SEC filings and our own data. Small caps move fast; check the latest filings.

Snapshot

Exchange
Nasdaq Capital Market
Sector
Industrial & Commercial Fans & Blowers & Air Purifing Equip
Headquarters
Warrenville, IL
Fiscal year end
December 31
Shares outstanding
31,216,789 [10-Q 2026-08-04]
as of 2026-07-31

Sources: [10-K 2026-03-03]

What the company doesAI summary of filing

Fuel Tech develops and commercializes air pollution control technologies, process optimization solutions, water treatment systems, and engineering services for utility and industrial customers worldwide. The company generates revenue from three main product areas: nitrogen oxide reduction systems (including SCR and SNCR technologies), air pollution control technologies (electrostatic precipitators and flue gas conditioning), and specialty chemical treatment programs for combustion units. The company also develops water treatment technologies based on dissolved gas infusion, which is currently in the demonstration phase. Fuel Tech is a revenue-generating company with sales of $26.7 million in 2025. [10-K 2026-03-03]

Segments: Air Pollution Control (APC), FUEL CHEM, Water Treatment, Engineering Services

Financial health

From XBRL company facts (USD)
PeriodRevenueNet incomeOperating cash flowCashFiling
6 months to Jun 2026$12.56M−$2.58M −$1.74M$7.62M[10-Q 2026-08-04]
FY ended Dec 2025$26.68M−$2.32M $3.02M$11.94M[10-K 2026-03-03]
FY ended Dec 2024$25.13M−$1.94M −$3.43M$8.51M[10-K 2026-03-03]
Quarterly cash burn
−$870.5K
Cash runway Estimate
~26.3 months

Estimate: cash at the end of the period (6 months to Jun 2026) divided by the average monthly operating cash outflow over that period. Ignores any cash raised or spent since, and any financing.

Capital structure and dilution

Summary only. How these instruments work: Dilution & financing desk.

Share count
DateShares outstandingFiling
2024-10-3130,708,273[10-Q 2024-11-06]
2025-02-2830,708,273[10-K 2025-03-04]
2025-04-3030,777,433[10-Q 2025-05-12]
2025-07-3131,074,438[10-Q 2025-08-05]
2025-10-3131,074,438[10-Q 2025-11-04]
2026-02-2830,708,273[10-K 2026-03-03]
2026-04-3031,165,249[10-Q 2026-05-05]
2026-07-3131,216,789[10-Q 2026-08-04]

Listing status

Current status: No Form 8-K Item 3.01 (listing notice) filings in the last 24 months, as of 2026-10-11.

More on deficiency notices and uplistings: Listing status desk.

Who owns it

Recent Form 4 transactions
DateInsiderTypeSharesPriceFiling
2026-09-01Nuggihalli Rameshbuy1,470.529$1.36[4 2026-09-03]
2026-03-06Arnone Vincent Jbuy10,000$1.24[4 2026-03-09]

Catalysts and calendar

Recent filings and releases
DateTypeTitle
2026-10-0713G/ABeneficial ownership report (5%+ holder)
2026-09-188-KRegulation FD disclosure
2026-09-028-KDirector or officer change
2026-08-0410-QQuarterly report
2026-08-048-KResults of operations
2026-08-048-KDirector or officer change
2026-06-088-KShareholder vote results
2026-05-0510-QQuarterly report
2026-05-058-KResults of operations
2026-04-13DEF 14AProxy statement
2026-04-0613G/ABeneficial ownership report (5%+ holder)
2026-03-278-KDirector or officer change

Facts as of . Small caps move fast; check the latest filings.