Flotek Industries, Inc.
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $5.7M | $4.4M | $5.9M | $12.3M | $11.5M | $38.7M | $100.6M | $3.0M |
| Accounts Receivable | — | — | — | $19.1M | $12.0M | $11.8M | $15.6M | $37.0M |
| Inventory | $10.6M | $13.3M | $12.8M | $15.7M | $9.5M | $11.8M | $23.2M | $27.3M |
| Total Current Assets | $110.8M | $96.5M | $76.4M | $80.1M | $42.6M | $66.5M | $153.9M | $194.8M |
| Property, Plant & Equipment | — | — | — | — | — | — | $39.8M | $45.5M |
| Goodwill | — | — | — | — | $0 | $8.1M | $0 | $0 |
| Intangible Assets (Excl. Goodwill) | — | — | — | — | — | — | $20.3M | $26.8M |
| Total Assets | $220.0M | $170.8M | $157.5M | $164.8M | $50.2M | $86.2M | $230.6M | $285.9M |
| Liabilities | ||||||||
| Accounts Payable | $48.3M | $38.1M | $31.7M | $33.4M | $7.6M | $5.8M | $16.2M | $15.0M |
| Total Current Liabilities | $61.6M | $50.4M | $47.8M | $151.4M | $18.8M | $28.9M | $41.3M | $84.3M |
| Long-Term Debt | $40.0M | $0 | $60.0K | $2.7M | $3.4M | $1.6M | $0 | — |
| Total Liabilities | $107.0M | $56.9M | $55.6M | $162.2M | $30.1M | $39.0M | $58.6M | $84.3M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-285.8M | $-316.3M | $-326.8M | $-351.5M | $-309.2M | $-278.7M | $-142.2M | $-107.6M |
| Total Stockholders' Equity | $113.1M | $113.9M | $102.0M | $2.6M | $20.2M | $47.2M | $172.0M | $202.0M |