Flotek Industries, Inc
(NYSE:FTK)

Flotek Industries, Inc. operates as a technology-driven chemistry and data company that serves customers across industrial, commercial, and consumer markets in the United States, the United Arab Emirates, and internationally. It operates in two segments, Chemistry Technologies and Data Analytics. Th...

Website: http://www.flotekind.com

Founded: 1985

Full Time Employees: 174

Sector: Energy

Industry: Oil & Gas Equipment & Services

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At a glance:

Bull Thesis:

Bear Thesis:

Main Competitors:

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Income Statements:

Quarterly

Annual

Unit: USD	2026-03-31	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-03-31	2007-12-31	2007-09-30	2007-06-30	2007-03-31	2006-12-31

revenue:
revenue from external customers	18,165,000	17,890,000	22,941,000	25,182,000	24,423,000	23,328,000	16,565,000	18,191,000	13,180,000	19,240,000	17,806,000	17,820,000	11,652,000	15,932,000	15,206,000	12,824,000	10,382,000
revenue from related party	51,886,000	49,629,000	33,090,000	33,168,000	30,939,000	27,430,000	33,177,000	27,961,000	27,194,000	22,948,000	29,462,000	32,774,000	36,355,000	32,286,000	30,417,000	16,549,000	2,497,000
total revenues	70,051,000	67,519,000	56,031,000	58,350,000	55,362,000	50,758,000	49,742,000	46,152,000	40,374,000	42,188,000	47,268,000	50,594,000	48,007,000	48,218,000	45,623,000	29,373,000	12,879,000
yoy	26.53%	33.02%	12.64%	26.43%	37.12%	20.31%	5.23%	-8.78%	-15.90%	-12.51%	3.61%	72.25%	272.75%
qoq	3.75%	20.50%	-3.97%	5.40%	9.07%	2.04%	7.78%	14.31%	-4.30%	-10.75%	-6.57%	5.39%	-0.44%	5.69%	55.32%	128.07%
cost of sales	54,510,000	52,325,000	38,248,000	43,943,000	42,913,000	38,480,000	40,623,000	36,982,000	31,553,000	32,758,000	38,221,000	46,690,000	46,127,000
gross profit	15,541,000	15,194,000	17,783,000	14,407,000	12,449,000	12,278,000	9,119,000	9,170,000	8,821,000	9,430,000	9,047,000	3,904,000	1,880,000																				18,893,250	21,740,000	26,091,000	27,742,000	16,462,000	25,366,000	23,921,000	24,929,000	21,751,500	31,227,000																											18,845,500	28,527,000	26,490,000	20,365,000	17,845,000	17,993,000	16,826,000	15,047,000
yoy	24.84%	23.75%	95.01%	57.11%	41.13%	30.20%	0.80%	134.89%	369.20%																								14.77%	-14.29%	9.07%	11.28%	-24.32%	-18.77%																															5.61%	58.54%	57.43%	35.34%
qoq	2.28%	-14.56%	23.43%	15.73%	1.39%	34.64%	-0.56%	3.96%	-6.46%	4.23%	131.74%	107.66%																					-13.09%	-16.68%	-5.95%	68.52%	-35.10%	6.04%	-4.04%	14.61%	-30.34%																												-33.94%	7.69%	30.08%	14.12%	-0.82%	6.94%	11.82%
gross margin %	22.19%	22.50%	31.74%	24.69%	22.49%	24.19%	18.33%	19.87%	21.85%	22.35%	19.14%	7.72%	3.92%	0%	0%	0%	0%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%
operating costs and expenses:
selling, general, and administrative	6,925,000	7,584,000	7,384,000	6,796,000	6,282,000	6,653,000	5,714,000	6,259,000	6,084,000	6,570,000	6,526,000	8,351,000	6,451,000	5,779,000	9,035,000	7,431,000	4,879,000
depreciation	631,000	629,000	581,000	374,000	252,000	229,000	220,000	222,000	220,000	204,000	181,000	174,000	176,000
research and development	396,000	463,000	549,000	455,000	355,000	365,000	462,000	481,000	406,000	255,000	757,000	860,000	614,000	923,000	985,000	1,115,000	1,415,000		1,466,000	1,542,000	1,540,000	1,480,000	1,638,000	2,555,000	2,206,000	2,297,000	2,076,000	2,285,000	1,819,000	2,511,000	3,102,000	2,924,000	3,705,000	2,691,000	4,109,000	3,141,000	2,261,000	2,531,000	2,271,000	2,256,000	2,182,000	2,031,000	1,670,000	1,252,000	1,377,000	1,293,000	1,280,000	1,026,000	1,063,000	835,000	-979,000	-875,000	819,000	909,000	622,000	832,000	-3,953,000	523,000	594,000	499,000	420,000	294,000	364,000	362,000	918,000	400,000	400,000	400,000	600,000	494,000	451,000	386,000	409,000	132,000	138,000	170,000
gain on sale of property and equipment					-7,000	-90,000		-34,000		-9,500	-38,000					-1,914,000
total operating costs and expenses	7,952,000	9,206,000	8,681,000	11,820,000	6,882,000	7,134,000	6,396,000	6,948,000	6,713,000	7,011,000	7,428,000	3,232,000	-16,631,000	14,823,000	14,437,000	-10,344,000	9,805,000
income from operations	7,589,000	5,988,000	9,102,000	2,587,000	5,567,000	5,144,000	2,723,000	2,222,000	2,108,000	2,419,000	1,619,000	672,000	18,511,000	-16,897,000	-16,279,000	8,039,000	-10,284,000		-7,461,000	-8,243,000	-17,737,000	-45,594,000	-10,231,000	-70,085,000	-36,649,000	-11,853,000	-13,859,000	-14,266,000	-13,303,000	-3,222,000	-46,501,000	-6,785,000	2,122,000	-3,103,000	-1,252,000	-623,000	45,729,000	-4,295,000	-2,723,000	-46,013,000	-2,053,000	2,777,000	-18,608,000	-1,289,000	23,568,000	20,847,000	17,675,000	18,798,000	17,560,000	15,087,000	13,531,000	12,548,000	11,691,000	14,593,000	15,589,000	16,748,000	15,593,000	16,105,000	7,906,000	9,284,000	-5,124,000	6,004,000	-3,413,000	-3,734,000	-5,603,000	-2,500,000	-25,500,000	500,000	-61,076,000	12,117,000	11,037,000	7,171,000	6,268,000	8,523,000	8,318,000	6,577,000
yoy	36.32%	16.41%	234.26%	16.43%	164.09%	112.65%	68.19%	230.65%	-88.61%	-114.32%	-109.95%	-91.64%	-280.00%		118.19%	-197.53%	-42.02%		-27.07%	-88.24%	-51.60%	284.66%	-26.18%	391.27%	175.49%	267.88%	-70.20%	110.26%	-726.91%	3.83%	3614.14%	989.09%	-95.36%	-27.75%	-54.02%	-98.65%	-2327.42%	-254.66%	-85.37%	3469.67%	-108.71%	-86.68%	-205.28%	-106.86%	34.21%	38.18%	30.63%	49.81%	50.20%	3.39%	-13.20%	-25.08%	-25.02%	-9.39%	97.18%	80.40%	-404.31%	168.24%	-331.64%	-348.63%	-8.55%	-340.16%	-86.62%	-846.80%	-90.83%	-120.63%	-331.04%	-93.03%	-1074.41%	42.17%	32.69%	9.03%
qoq	26.74%	-34.21%	251.84%	-53.53%	8.22%	88.91%	22.55%	5.41%	-12.86%	49.41%	140.92%	-96.37%	-209.55%	3.80%	-302.50%	-178.17%			-9.49%	-53.53%	-61.10%	345.65%	-85.40%	91.23%	209.20%	-14.47%	-2.85%	7.24%	312.88%	-93.07%	585.35%	-419.75%	-168.39%	147.84%	100.96%	-101.36%	-1164.70%	57.73%	-94.08%	2141.26%	-173.93%	-114.92%	1343.60%	-105.47%	13.05%	17.95%	-5.97%	7.05%	16.39%	11.50%	7.83%	7.33%	-19.89%	-6.39%	-6.92%	7.41%	-3.18%	103.71%	-14.84%	-281.19%	-185.34%	-275.92%	-8.60%	-33.36%	124.12%	-90.20%	-5200.00%	-100.82%	-604.05%	9.79%	53.91%	14.41%	-26.46%	2.46%	26.47%
operating margin %	10.83%	8.87%	16.24%	4.43%	10.06%	10.13%	5.47%	4.81%	5.22%	5.73%	3.43%	1.33%	38.56%	-35.04%	-35.68%	27.37%	-79.85%	NaN%	-Infinity%	-Infinity%	-Infinity%	-Infinity%	-Infinity%	-Infinity%	-Infinity%	-Infinity%	-Infinity%	-Infinity%	-Infinity%	-Infinity%	-Infinity%	-Infinity%	Infinity%	-Infinity%	-Infinity%	-Infinity%	Infinity%	-Infinity%	-Infinity%	-Infinity%	-Infinity%	Infinity%	-Infinity%	-Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	-Infinity%	Infinity%	-Infinity%	-Infinity%	-Infinity%	-Infinity%	-Infinity%	Infinity%	-Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%
other expense:
interest expense	-1,332,000	-1,374,000	-1,351,000	-983,000	-229,000	-253,000	-256,000	-308,000	-278,000	-320,000	-160,000	-705,000	-1,672,000	-2,465,000	-2,321,000	-1,597,000	-668,000		-17,000	-18,000	-20,000	-19,000	-16,000	-4,000	-5,000	-1,000	-16,000	-1,998,000	-964,000	-746,000	-640,000	-516,000	-450,000	-574,000	-549,000	-594,000	-168,000	-611,000	-701,000	-489,000	-459,000	-476,000	-420,000	-407,000	-351,000	-424,000	-381,000	-454,000	-597,000	-530,000	-531,000	-434,000	-1,858,000	-1,830,000	-2,164,000	-2,251,000	-3,327,000	-3,287,000	-4,489,000	-4,857,000	-4,853,000	-5,384,000	-4,945,000	-4,218,000	-3,831,000	-4,100,000	-3,800,000	-3,700,000	-3,084,000	-2,653,000	-2,850,000	-1,646,000	-957,000	-834,000	-899,000	-811,000
other income	16,000	69,000	-8,000	181,000	106,000	-105,000	102,000	75,000				19,000	-9,000			-104,000	224,000		72,000		181,000	291,000	78,000	-47,000	472,000	436,000	693,000	110,000	-2,692,000	69,000	-2,133,000	-285,000	148,000	273,000	237,000	154,000	-96,000	-49,000			-27,000	74,000	-2,000	-225,000	-88,000	-87,000	-272,000	54,000	199,000	59,000	170,000		-91,750	-17,000	-343,000	-7,000	10,750	23,000	3,000	17,000	33,000	81,000	-10,000	62,000
total other expense	-1,316,000	-1,305,000	-1,359,000	-802,000	-123,000												-444,000						638,000	-51,000				-1,888,000	-1,797,500	-1,037,000	-5,353,000	-801,000	-263,500	-301,000	-312,000	-440,000	-504,500	-660,000	-749,000	-609,000																									-2,925,000	-4,000,000
income before income taxes	6,273,000	4,683,000	7,743,000	1,785,000	5,444,000	4,786,000	2,569,000	1,989,000	1,804,000	2,155,000	1,368,000	-14,000	21,352,000	-19,150,000	-18,787,000	6,338,000	-10,728,000		-6,525,000	-8,294,000	-17,576,000	-45,322,000	-9,593,000	-70,136,000	-36,182,000	-11,418,000	-13,182,000	-16,154,000	-16,959,000	-4,259,000	-51,854,000	-7,586,000	1,820,000	-3,404,000	-1,564,000	-1,063,000	58,195,000	-4,955,000	-3,472,000	-46,622,000	-2,539,000	2,375,000	-19,030,000	-1,921,000	23,129,000	20,336,000	17,022,000	18,398,000	17,162,000	14,616,000	13,170,000	12,002,000	8,877,000	12,746,000	18,611,000	5,224,000	3,181,000	20,643,000	3,448,000	11,998,000	-29,220,000	-405,000	-7,871,000	-11,514,000	-9,489,000	-6,500,000	-29,400,000	-3,300,000	-64,223,000	9,445,000	8,188,000	5,510,000	5,558,000	8,014,000	7,740,000	5,829,000
income tax expense	-1,609,000			-17,000	-64,000	-356,000	-37,000	-15,000	-242,000	-24,500	-81,000	-7,000		-25,250	-7,000	-98,000																													-4,606,250	-6,064,000	-5,981,000	-6,380,000	-3,653,750	-5,648,000	-4,730,000	-4,237,000	-2,497,750	-2,940,000	-5,433,000	-1,618,000
net income	4,664,000	3,025,000	20,355,000	1,768,000	5,380,000	4,430,000	2,532,000	1,974,000	1,562,000	2,104,000	1,287,000	-21,000	21,343,000	-19,027,000	-18,794,000	6,240,000	-10,724,000		-6,546,000	-8,300,000	-17,679,000	-45,241,000	-9,561,000	-63,967,000	-39,563,000	-11,110,000	-14,598,000	32,992,000	8,558,000	-3,932,000	-75,391,000	67,000	-8,489,000	-3,102,000	-3,826,000	-11,978,000	-13,919,000	-2,746,000	-2,280,000	-30,185,000	-1,375,000	1,975,000	-12,547,000	-1,515,000	16,273,000	14,272,000	11,041,000	12,018,000	11,005,000	8,968,000	8,440,000	7,765,000	23,201,000	9,806,000	13,178,000	3,606,000	991,000	17,917,000	2,126,000	10,374,000	-26,627,000	-1,163,000	-6,162,000	-9,513,000	-6,605,000	-22,300,000	-19,800,000	-2,000,000	-46,294,000	5,850,000	5,087,000	3,416,000	3,119,000	5,049,000	4,856,000	3,703,000
yoy	-13.31%	-31.72%	703.91%	-10.44%	244.43%	110.55%	96.74%	-9500.00%	-92.68%	-111.06%	-106.85%	-100.34%	-299.02%		187.11%	-175.18%	-39.34%		-31.53%	-87.02%	-55.31%	307.21%	-34.50%	-293.89%	-562.29%	182.55%	-80.64%	49141.79%	-200.81%	26.76%	1870.49%	-100.56%	-39.01%	12.96%	67.81%	-60.32%	912.29%	-239.04%	-81.83%	1892.41%	-108.45%	-86.16%	-213.64%	-112.61%	47.87%	59.14%	30.82%	54.77%	-52.57%	-8.55%	-35.95%	115.34%	2241.17%	-45.27%	519.85%	-65.24%	-103.72%	-1640.58%	-134.50%	-209.05%	303.13%	-94.78%	-68.88%	375.65%	-85.73%	-481.20%	-489.23%	-158.55%	-1584.26%	15.86%	4.76%	-7.75%
qoq	54.18%	-85.14%	1051.30%	-67.14%	21.44%	74.96%	28.27%	26.38%	-25.76%	63.48%	-6228.57%	-100.10%	-212.17%	1.24%	-401.19%	-158.19%			-21.13%	-53.05%	-60.92%	373.18%	-85.05%	61.68%	256.10%	-23.89%	-144.25%	285.51%	-317.65%	-94.78%	-112623.88%	-100.79%	173.66%	-18.92%	-68.06%	-13.94%	406.88%	20.44%	-92.45%	2095.27%	-169.62%	-115.74%	728.18%	-109.31%	14.02%	29.26%	-8.13%	9.20%	22.71%	6.26%	8.69%	-66.53%	136.60%	-25.59%	265.45%	263.87%	-94.47%	742.76%	-79.51%	-138.96%	2189.51%	-81.13%	-35.23%	44.03%	-70.38%	12.63%	890.00%	-95.68%	-891.35%	15.00%	48.92%	9.52%	-38.23%	3.97%	31.14%
net income margin %	6.66%	4.48%	36.33%	3.03%	9.72%	8.73%	5.09%	4.28%	3.87%	4.99%	2.72%	-0.04%	44.46%	-39.46%	-41.19%	21.24%	-83.27%	NaN%	-Infinity%	-Infinity%	-Infinity%	-Infinity%	-Infinity%	-Infinity%	-Infinity%	-Infinity%	-Infinity%	Infinity%	Infinity%	-Infinity%	-Infinity%	Infinity%	-Infinity%	-Infinity%	-Infinity%	-Infinity%	-Infinity%	-Infinity%	-Infinity%	-Infinity%	-Infinity%	Infinity%	-Infinity%	-Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	-Infinity%	-Infinity%	-Infinity%	-Infinity%	-Infinity%	-Infinity%	-Infinity%	-Infinity%	-Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%
income per common share:
basic	130	70	570	50	180	150	90	70	50	30	40		220	-77.5	-250	80
diluted	120	60	530	50	170	140	80	60	50	80	40	-20	-20	-77.5	-250	-50
weighted-average common shares:
weighted-average common shares used in computing basic income per common share	36,100,000	33,903,000	35,868,000	33,947,000	29,683,000	29,534,000	29,613,000	29,449,000	29,431,000	24,830,000	29,358,000	143,433,000	98,808,000		75,312,000
weighted-average common shares used in computing diluted income per common share	38,340,000	36,156,000	38,137,000	36,231,000	31,752,000	30,889,000	30,897,000	30,668,000	30,316,000	28,377,000	30,688,000				75,312,000
asset acquisition expenses			167,000	4,195,000
other income:
income tax benefit		-1,658,000	12,612,000										-9,000				4,000		-21,000	-6,000	-103,000	81,000	32,000	6,169,000	-956,000	191,000	192,000	774,000	22,774,000	327,000	-23,537,000	7,653,000	186,500	-17,000	442,000	320,000	4,960,000	2,209,000	1,192,000	16,437,000	1,164,000	-400,000	6,483,000	406,000													-2,190,000	-2,726,000	-1,322,000	-1,624,000	738,000	-758,000	1,709,000	2,001,000
severance costs						5,750		20,000	3,000	-18,000	2,000	-2,279,000	2,223,000
gain in fair value of contract consideration convertible notes payable												-3,874,000
paycheck protection plan loan forgiveness
total other income						-358,000	-154,000	-233,000	-304,000	-264,000	-251,000	-686,000	2,841,000	-2,253,000	-2,508,000	-1,701,000			936,000	-51,000	161,000	272,000			-194,500	435,000	677,000														-486,000	-402,000	-422,000	-632,000	-439,000	-511,000	-653,000	-400,000	-398,000	-471,000	-361,000	-546,000	-2,814,000	-1,847,000	3,022,000	-11,524,000	-12,412,000	4,538,000	-4,458,000	2,714,000	-4,661,750	-6,409,000	-4,458,000	-7,780,000			-3,900,000	-3,800,000	-3,147,000	-2,672,000	-2,849,000	-1,661,000	-710,000	-509,000	-578,000	-748,000
income per common share
basic	130	70	570	50	180	150	90	70	50	30	40		220	-77.5	-250	80
diluted	120	60	530	50	170	140	80	60	50	80	40	-20	-20	-77.5	-250	-50
weighted-average common shares
other expense									-26,000	-20,500	-91,000			-16,750	-187,000					-33,000																			-48,000	-120,000												-112,000
gain on lease termination																	-584,000						576,000
loss in fair value of contract consideration convertible notes payable										-7,492,250			-26,095,000	-2,254,000	4,250,000
payment protection plan loan forgiveness													4,522,000
weighted-average common shares used in computing diluted loss per common share												169,500,000	158,441,000	74,425,000		124,335,000	73,858,000	73,361,000	69,531,000	68,447,000																			54,910,000	54,744,000
loss on sale of property and equipment														-479,000	-10,000		8,000
cost of goods sold														23,125,000	47,465,000	31,678,000	13,358,000
gross income														-1,156,500	-1,842,000
depreciation of property and equipment														138,500	177,000	182,000
gross loss																-2,305,000	-479,000
change in fair value of contract consideration convertible notes payable																-17,158,000
weighted-average common shares used in computing basic loss per common share														74,425,000		74,861,000	73,858,000	73,361,000	69,531,000	68,447,000																			54,910,000	54,744,000
depreciation and amortization																	195,000		253,000	307,000	235,000	518,000	468,000	2,191,000	2,028,000	2,058,000	2,119,000	2,260,000	232,000	2,957,000	3,025,000	3,002,000	4,695,000	2,540,000	2,479,000	2,445,000	634,000	2,706,000	2,391,000	2,798,000	2,748,000	2,785,000	2,797,000	2,676,000	2,513,000	2,439,000	2,501,000	2,285,000	2,042,000	2,038,000	-2,003,000	-1,190,000	1,244,000	1,170,000	1,038,000	958,000	-7,012,000	993,000	1,015,000	1,021,000	939,000	1,230,000	1,182,000	1,193,000	1,226,000	1,200,000	1,300,000	1,200,000	-3,859,000	3,534,000	3,355,000	2,540,000	1,984,000	1,648,000	1,582,000	1,323,000
change in fair value of contingent convertible notes payable																	3,892,000
loss per common share:
basic																	-150		-90	-120
diluted																	-150		-90	-120
revenue																			9,165,000	11,770,000	12,106,000	12,739,000	8,880,000	19,416,000	19,526,000	21,879,000	34,692,000	43,256,000	-12,818,000	70,989,000	59,086,000	60,516,000	72,509,000	79,458,000	85,177,000	79,954,000	44,545,000	73,679,000	72,319,000	72,289,000	77,013,000	87,942,000	87,030,000	82,373,000	124,504,000	116,761,000	105,318,000	102,575,000	100,848,000	98,388,000	93,586,000	78,243,000	76,702,000	78,628,000	78,303,000	79,195,000	74,904,000	75,058,000	55,918,000	52,905,000	47,456,000	39,982,000	31,174,000	28,370,000	24,550,000	23,800,000	23,500,000	40,700,000								35,079,000
costs and expenses:
operating expenses																			12,110,000	13,801,000	24,327,000	29,466,000	11,632,000	22,841,000	42,632,000	23,689,000	38,306,000	44,599,000
corporate general and administrative																			2,868,000	4,361,000	3,743,000	2,679,000	5,395,000	4,493,000	8,955,000	5,685,000	6,054,000	7,281,000	6,833,000	7,476,000	8,665,000	8,493,000	7,719,000	10,346,000	11,155,000
gain on disposal of long-lived assets																			-71,000
impairment of fixed, long-lived and intangible assets
total costs and expenses																			16,626,000	20,013,000	29,843,000	58,333,000	19,111,000	89,501,000	56,175,000	33,732,000	48,551,000	57,522,000	485,000	74,211,000	105,587,000	67,301,000
payment protection program forgiveness																			881,000
loss on disposal of long-lived assets																				2,000	-2,000	-37,000	-22,000	-33,000	354,000	3,000	-4,000	1,097,000	-562,000	58,000	5,000	57,000	-109,000	-11,000	214,000	198,000
impairment of goodwill																						11,706,000									37,180,000																																		4,625,000		18,500,000
impairment of fixed and long-lived assets																						12,521,000		57,454,000
loss from continuing operations																					-17,679,000	-45,241,000	-9,561,000	-63,967,000	-37,138,000	-11,227,000	-12,990,000	-15,380,000	5,815,000	-3,932,000	-75,391,000		-1,321,250	-3,421,000	-1,122,000	-743,000
income from discontinued operations, net of tax																									-2,425,000	117,000	-1,608,000	48,372,000					-3,405,250	319,000
basic earnings per common share:
continuing operations																					-250	-660	-140	-1,070	-640	-190	-220	-260	100	-70	-1,300		-140	-60	-20	-10
discontinued operations, net of tax																									-40		-30	830					-10	10	-50	-190
basic earnings per common share																					-250	-660	-140	-1,070	-680	-190	-250	570	150	-70	-1,300		-150	-50	-70	-200	-250	-50			-30	40	-230	-30	290	260	200	220	200	170	170	160	480	200	270	80	10	380	50	150									-2,450	310	260	180	160	270	270	420
diluted earnings per common share:
diluted earnings per common share																					-437.5	-660	-140	-1,070	-680	-190	-250	570	150	-70	-1,300		-150	-50	-70	-200	-250	-50			-30	40	-230	-30	300	260	200	220	200	160	160	150	450	190	250	70	10	350	40	130									-2,430	300	260	180	170	260	250
weighted-average common shares used in computing basic earnings per common share																						68,217,000	66,035,000	59,836,000	58,750,000	59,004,000	58,608,000	58,373,000	57,995,000	58,319,000	57,869,000	57,259,000	57,580,000	57,602,000	57,854,000	57,673,000	56,087,000	56,899,000			54,459,000	54,578,000	54,264,000	54,448,000	54,511,000	54,789,000	54,645,000	53,948,000	51,346,000	52,742,000	51,086,000	48,582,000	48,185,000	48,384,000	48,227,000	47,669,000		47,178,000	44,749,000	37,571,000					19,595,000,000	19,645	19,676,000,000	19,177,000,000	18,867,000	18,972,000	19,223,000	18,723,000	18,338,000	18,542,000	17,984,000	8,915,000
weighted-average common shares used in computing diluted earnings per common share																						68,217,000	66,035,000	59,836,000	58,750,000	59,004,000	58,608,000	58,373,000	57,995,000	58,319,000	57,869,000	57,259,000	57,580,000	57,602,000	57,854,000	57,673,000	56,350,000	56,899,000			54,459,000	54,947,000	54,264,000	54,448,000	55,526,000	55,690,000	55,533,000	55,398,000	53,841,000	55,317,000	53,713,000	51,222,000	53,554,000	53,478,000	54,032,000	50,340,000		54,329,000	47,433,000	43,548,000						19,645	19,676,000,000	19,177,000,000	18,867,000	19,401,000	19,668,000	19,413,000	18,958,000	19,716,000	19,122,000
amounts attributable to flotek shareholders:
net income attributable to flotek																								-63,967,000	1,821,000	-11,110,000	-14,598,000
loss on sale of business																														-360,000
loss on write-down of assets held for sale																															-2,580,000
net loss attributable to noncontrolling interests																													1,000		357,000
net income attributable to flotek industries, inc.																									1,821,000	-11,110,000	-14,598,000
net income attributable to noncontrolling interests
cost of revenue																													36,630,500	54,083,000	46,738,000	45,701,000	46,113,000	57,718,000	59,086,000	52,212,000	28,083,000	48,313,000	48,398,000	47,360,000	48,909,000	56,715,000	57,778,000	55,846,000	73,613,000	70,683,000	63,008,000	58,894,000	61,047,000	60,886,000	-55,992,000	-45,613,000	45,402,000	44,785,000	45,278,000	45,744,000	-262,740,000	44,341,000	33,674,000	31,760,000	29,915,000	23,915,000	19,823,000	20,358,000	17,666,000	17,500,000	19,800,000	28,200,000								20,032,000
segment selling and administrative																													5,280,750	7,126,000	6,872,000	7,124,000	8,264,000	9,277,000	9,386,000
net loss attributable to flotek industries, inc.																													8,559,000	-3,932,000	-75,034,000
net loss attributable to flotek																													8,559,000	-3,932,000	-75,034,000
basic earnings per common share attributable to flotek:
diluted earnings per common share attributable to flotek:
loss from discontinued operations, net of tax																																			-2,704,000	-11,235,000
income from continuing operations																																67,000
expenses:
total expenses																																	20,137,500	24,843,000	27,343,000	28,365,000	-29,267,000	29,661,000	26,644,000	70,942,000	30,157,000	28,450,000	47,860,000	27,816,000	27,323,000	25,231,000	24,635,000	24,883,000	22,241,000	22,415,000	-24,063,000	-20,082,000	19,609,000	19,250,000	17,436,000	16,703,000	-97,743,000	14,612,000	14,338,000	11,861,000	22,665,000	10,063,000	14,764,000	11,746,000	12,487,000	8,800,000	29,200,000	12,000,000	76,450,000	16,410,000	15,453,000	13,194,000	11,577,000	9,470,000	8,508,000	8,470,000
selling, general and administrative																																				22,581,000	8,291,000	24,424,000	21,982,000	25,453,000	25,260,000	23,634,000	23,021,000	23,888,000	23,222,000	21,499,000	20,854,000	21,572,000	19,557,000	19,542,000	-21,081,000	-18,017,000	18,555,000	17,171,000	15,776,000	14,913,000	-86,778,000	13,096,000	12,729,000	10,341,000	9,914,000	8,539,000	13,218,000	10,191,000	10,343,000	7,200,000	9,000,000	10,400,000	12,014,000	12,382,000	11,647,000	10,268,000	9,184,000	7,690,000	6,788,000	6,977,000
impairment of inventory and long-lived assets																																					10,108,750			40,435,000
earnings per common share:
loss per common share:
basic loss per common share																																							-40	-550
diluted loss per common share																																							-40	-550
impairment of inventory and rental equipment																																											20,372,000
gross margin																																											29,252,000	26,527,000	50,891,000	46,078,000	42,310,000	43,681,000	39,801,000	37,502,000	37,594,000	32,630,000	31,300,000	33,843,000	33,025,000	33,451,000	31,714,000	30,717,000	22,244,000	21,145,000	17,541,000	16,067,000	11,351,000	8,012,000
loss on extinguishment of debt																																																					-871,000		-995,000	-5,391,000			-3,225,000					-995,000
change in fair value of warrant liability																																																							6,524,000	-3,875,000	-9,038,000	7,802,000	3,253,000	7,554,000	-19,042,000	-1,106,000	497,000	-1,813,000
accrued dividends and accretion of discount on preferred stock																																																									-1,217,000			-4,868,000	-1,451,000	-1,191,000	-1,273,000	-2,628,000	-1,431,000	-800,000
net income attributable to common stockholders																																																					23,201,000	9,806,000	13,178,000	3,606,000	991,000	17,917,000	2,126,000	5,506,000
other financing costs																																																																-816,000
basic and diluted earnings per common share:
weighted-average common shares used in computing basic and diluted earnings per common share:
net loss attributable to common stockholders																																																													-28,078,000	-2,354,000	-7,435,000	-12,141,000
basic and diluted loss per common share:
basic and diluted loss per common share																																																													-1,040	-90	-280
weighted-average common shares used in computing basic and diluted loss per common share																					68,312,000																																								25,731,000	26,690,000	26,445,000
basic and diluted earnings per common share																																																																-600
weighted-average common shares used in computing basic and diluted earnings per common share																																																																20,167,000
investment income and other																																																																	-25,000	100,000	-100,000	-100,000	-63,000	-19,000	1,000	-15,000	177,250	325,000	321,000
provision for income taxes																																																																	-1,225,000	-15,800,000			-2,197,500	-3,595,000	-3,101,000	-2,094,000	-2,439,000	-2,965,000	-2,884,000	-2,126,000
net income allocable to common stockholders																																																																	-11,225,000	-23,100,000
earnings per share allocable to common stockholders:
basic																																																																	-0.573	-1.18
diluted																																																																	-0.573	-1.18
incremental common shares from stock options, warrants and restricted stock																																																																					128,500	429,000	445,000	690,000	-452,000	1,174,000
benefit for income taxes																																																																			9,600,000	1,300,000
other comprehensive income:
foreign currency translation adjustment																																																																				100,000								1,000
comprehensive income																																																																			-19,800,000	-1,900,000								3,704,000
earnings per common share:
basic																																																																			-1,010,000	-100,000
diluted																																																																			-1,010,000
earnings per common share:
basic																																																																			-1,010,000	-100,000
dilutive																																																																				-100,000
product																																																																					27,373,500	41,978,000	36,544,000	30,972,000	31,904,000	32,148,000	28,436,000
rental																																																																					10,321,750	14,892,000	15,105,000	11,290,000	6,513,000	6,016,000	6,017,000
service																																																																					3,821,500	5,917,000	5,160,000	4,209,000	4,982,000	3,564,000	3,349,000
revenue - sum																																																																					41,516,750	62,787,000	56,809,000	46,471,000	43,399,000	41,728,000	37,802,000
cost of product																																																																					16,029,000	23,601,000	21,606,000	18,909,000	19,784,000	19,174,000	16,307,000
cost of rental																																																																					4,512,000	7,282,000	5,980,000	4,786,000	3,331,000	2,716,000	2,718,000
cost of service																																																																					2,130,250	3,377,000	2,733,000	2,411,000	2,459,000	1,845,000	1,951,000
cost of revenue - sum																																																																					22,671,250	34,260,000	30,319,000	26,106,000	25,554,000	23,735,000	20,976,000
incremental common shares from stock options and warrants																																																																											1,138,000	528,000
other																																																																												63,000
basic and fully diluted earnings per common share:
fully diluted earnings per common share																																																																												390
weighted-average common shares used in computing fully diluted earnings per common share																																																																												9,443,000

Balance Sheets:

Quarterly

Annual

Unit: USD	2026-03-31	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-03-31	2007-12-31	2007-09-30	2007-06-30	2007-03-31	2006-12-31

assets
current assets:
cash and cash equivalents	5,676,000	5,731,000	4,603,000	5,028,000	6,253,000	4,404,000	4,997,000	4,777,000	5,219,000	5,851,000	4,453,000	8,841,000	12,433,000	12,290,000	8,508,000	33,084,000	24,835,000	11,534,000	27,781,000	33,945,000	38,660,000	49,193,000	59,926,000	80,263,000	100,575,000	106,994,000	97,509,000	96,753,000	3,044,000	1,829,000	3,096,000	2,865,000	4,584,000	4,942,000	3,422,000	1,826,000	4,823,000	3,474,000	3,840,000	2,480,000	2,208,000	2,998,000	2,475,000	2,499,000	1,266,000	5,257,000	2,226,000	1,664,000	2,730,000	4,369,000	5,503,000	248,000	2,700,000	21,909,000	10,725,000	13,342,000	46,682,000	25,495,000	15,137,000	19,003,000	7,059,000	5,265,000	6,458,000	6,485,000	600,000	2,700,000	600,000	193,000	3,243,000	3,966,000	2,044,000	1,282,000	1,128,000	883,000	684,000	510,000
restricted cash	104,000	104,000	103,000	103,000	102,000	102,000	101,000	101,000	100,000	102,000	102,000	101,000	101,000	100,000	100,000	40,000	40,000	1,790,000	40,000	40,000	664,000	664,000	664,000	664,000	663,000	663,000	661,000	660,000																		801,000							150,000	150,000	150,000	150,000	150,000	150,000	150,000	150,000				10,000				9,000	9,000	9,000	9,000	9,000	39,000
accounts receivable	21,794,000	19,043,000	26,767,000	22,221,000	19,809,000	17,386,000	12,220,000	13,316,000	10,718,000	13,687,000	15,568,000	16,855,000	15,609,000	19,136,000	17,597,000	11,747,000	13,239,000	13,297,000	9,713,000	11,522,000	11,764,000	10,629,000	8,108,000	13,297,000	15,638,000	15,014,000	30,694,000	37,178,000	37,047,000	55,473,000	43,218,000	45,331,000	46,018,000	56,008,000	60,089,000	62,934,000	47,152,000	53,652,000	45,528,000	45,631,000	49,197,000	52,069,000	56,466,000	56,011,000	78,624,000	69,253,000	65,906,000	65,882,000	65,016,000	62,244,000	58,264,000	46,167,000	42,259,000	44,035,000	42,392,000	47,736,000		46,456,000	38,358,000	31,024,000	25,101,000	19,976,000	17,942,000	14,612,000	15,900,000	15,100,000	22,000,000	37,205,000	39,640,000	38,052,000	31,054,000	24,919,000	24,939,000	21,055,000	20,519,000	19,077,000
accounts receivable, related party, net of allowance for credit losses of 0 at march 31, 2026 and december 31, 2025	61,023,000
equipment credit, related party	11,782,000
inventories	14,303,000	10,629,000	13,232,000	12,302,000	13,691,000	13,303,000	12,744,000	12,142,000	13,871,000	12,838,000	15,885,000	18,397,000	15,904,000	15,720,000	19,189,000	13,249,000	10,143,000	9,454,000	11,499,000	11,616,000	11,837,000	14,370,000	23,338,000	16,322,000	21,697,000	24,333,000	26,442,000	34,358,000	27,289,000	93,161,000	90,844,000	82,085,000	75,759,000	70,716,000	78,410,000	64,677,000	58,283,000	73,986,000	78,253,000	81,084,000	85,492,000	84,421,000	84,601,000	98,162,000	85,958,000	81,439,000	82,231,000	72,009,000	63,132,000	70,857,000	74,467,000	44,836,000	45,177,000	42,175,000	40,977,000	40,222,000	37,888,000	36,315,000	36,274,000	30,650,000	27,183,000	26,812,000	27,183,000	27,232,000	29,200,000	31,900,000	37,900,000	38,027,000	31,164,000	24,521,000	22,771,000	21,017,000	20,017,000	21,099,000	21,607,000	17,899,000
other current assets	2,709,000	3,445,000	2,305,000	3,084,000	3,464,000	2,952,000	2,687,000	2,834,000	2,686,000	3,564,000	4,617,000	4,051,000	4,516,000	4,045,000	4,309,000	4,000,000	3,372,000	3,740,000	3,255,000	2,179,000	3,127,000	3,427,000	2,407,000	9,005,000	13,191,000	19,181,000	20,406,000	20,373,000	5,771,000	7,797,000	5,797,000	7,972,000	9,264,000	10,881,000	6,079,000	6,694,000	21,708,000	9,099,000	6,602,000	6,148,000	7,496,000	9,417,000	6,011,000	9,275,000	11,055,000	9,622,000	9,989,000	3,679,000	4,261,000	4,953,000	3,123,000	2,839,000	4,654,000	4,725,000	5,012,000	2,638,000	1,933,000	2,218,000	2,847,000	976,000	1,216,000	1,391,000	2,325,000	871,000	1,400,000	14,100,000	4,700,000	1,287,000	1,468,000	1,070,000	715,000	1,043,000	1,057,000	1,325,000	506,000	578,000
current contract asset	8,402,000	7,621,000	8,179,000	6,743,000	5,782,000	5,939,000	6,480,000
total current assets	125,793,000	110,777,000	100,020,000	86,831,000	97,347,000	96,456,000	86,293,000	79,005,000	78,268,000	76,447,000	73,206,000	78,994,000	81,859,000	81,087,000	83,350,000	80,518,000	57,946,000	42,599,000	52,905,000	59,901,000	66,455,000	79,037,000	101,289,000	126,186,000	152,395,000	166,498,000	179,179,000	192,673,000	194,782,000	160,701,000	147,864,000	141,062,000	138,451,000	149,331,000	159,069,000	176,293,000	188,670,000	160,755,000	153,599,000	154,430,000	151,742,000	152,444,000	153,102,000	167,746,000	179,599,000	169,212,000	162,930,000	145,734,000	137,661,000	144,014,000	142,959,000	95,370,000	96,214,000	113,765,000	100,083,000	104,905,000	132,061,000	111,278,000	94,068,000	84,641,000	63,780,000	63,585,000	63,542,000	56,579,000	51,500,000	64,300,000	65,400,000	77,638,000	76,557,000	69,139,000	57,753,000	48,599,000	47,290,000	44,362,000	43,316,000	38,064,000
long-term contract asset	52,102,000	55,115,000	56,655,000	59,386,000	61,781,000	63,105,000	63,835,000
property and equipment	21,912,000	20,344,000	20,822,000	21,223,000	6,426,000	6,178,000	4,958,000	4,987,000	5,061,000	5,129,000	4,844,000	4,753,000	4,807,000	4,826,000	4,781,000	4,819,000	5,079,000	5,296,000	8,017,000	8,258,000	9,087,000	8,694,000	8,017,000	7,946,000	39,829,000	41,180,000	41,760,000	42,989,000	45,485,000	65,094,000	66,143,000	73,108,000	73,833,000	73,711,000	74,396,000	74,327,000	74,691,000	89,154,000	80,759,000	78,337,000	91,913,000	85,835,000	86,996,000	88,239,000	86,111,000	83,270,000	82,392,000	81,677,000	79,114,000	77,269,000	79,167,000	57,158,000	56,499,000	52,423,000	48,918,000		43,914,000		41,757,000	41,651,000	53,935,000	55,579,000	57,933,000	60,251,000
right-of-use assets	2,895,000	3,083,000	3,266,000	3,174,000
deferred tax assets	27,580,000	29,152,000	30,351,000	35,000	38,000	51,000	66,000	84,000	91,000	300,000	355,000	404,000	410,000	404,000	278,000	283,000	282,000	279,000	213,000	220,000	223,000	249,000	152,000	169,000	152,000	476,000	605,000	599,000	18,663,000			20,373,000	12,713,000	21,190,000	19,972,000	20,044,000	52,000	2,352,000	3,502,000	4,139,000	2,649,000	1,835,000	2,602,000	1,799,000	2,696,000	2,840,000	2,578,000	2,500,000	2,522,000	1,591,000	1,602,000	1,280,000	1,274,000	771,000	827,000	817,000	841,000	644,000	667,000	575,000	975,000	431,000	432,000
other long-term assets	1,561,000	1,578,000	1,573,000	1,594,000	1,637,000	1,680,000	1,738,000	1,659,000	1,725,000	1,787,000	773,000	17,000	17,000	17,000	17,000	17,000	17,000	29,000	29,000	29,000	33,000	33,000	17,000					3,351,000	126,000	489,000	531,000
total assets	231,843,000	220,049,000	212,687,000	172,243,000	170,237,000	170,796,000	160,649,000	156,040,000	155,850,000	157,513,000	152,516,000	158,030,000	163,388,000	164,810,000	164,019,000	163,471,000	72,218,000	50,244,000	71,418,000	78,717,000	86,210,000	98,473,000	142,196,000	136,774,000	231,847,000	249,357,000	263,816,000	282,792,000	285,883,000	293,302,000	281,043,000	338,822,000	329,888,000	349,743,000	359,177,000	377,050,000	386,588,000	382,540,000	365,344,000	364,582,000	403,090,000	400,945,000	403,393,000	415,007,000	423,276,000	412,418,000	408,221,000	390,516,000	375,581,000	380,979,000	383,110,000	218,483,000	219,867,000	218,135,000	201,678,000	204,192,000	232,012,000	211,028,000	193,683,000	187,620,000	182,074,000	185,748,000	189,543,000	178,610,000	176,700,000	202,100,000	224,700,000	243,770,000	291,965,000	279,609,000	265,492,000	160,793,000	144,833,000	129,884,000
liabilities and stockholders’ equity
current liabilities:
accounts payable	52,566,000	48,317,000	35,073,000	36,350,000	38,967,000	38,073,000	37,395,000	31,755,000	35,952,000	31,705,000	33,436,000	44,949,000	41,929,000	33,375,000	29,653,000	19,771,000	8,233,000	7,616,000	6,587,000	6,483,000	5,787,000	6,201,000	7,876,000	8,556,000	16,231,000	10,578,000	10,858,000	13,798,000	15,011,000	30,428,000	25,646,000	23,233,000	22,048,000	21,725,000	28,554,000	35,635,000	29,960,000	26,072,000	23,795,000	25,244,000	19,444,000	22,046,000	27,140,000	28,427,000	33,185,000	32,656,000	30,775,000	26,356,000	19,899,000	23,884,000	31,570,000	18,565,000	22,373,000	19,370,000	16,570,000	19,762,000	18,562,000	16,360,000	14,774,000	12,690,000	9,508,000	8,243,000	11,012,000	8,021,000	7,900,000	11,500,000	18,900,000	22,666,000	19,831,000	14,268,000	7,997,000	9,424,000	7,534,000	10,486,000	7,946,000	9,941,000
accrued liabilities	8,771,000	7,256,000	4,925,000	3,905,000	3,975,000	5,912,000	4,115,000	3,026,000	3,365,000	5,890,000	5,430,000	5,178,000	9,870,000	8,984,000	9,400,000	7,115,000	6,747,000	8,996,000	17,221,000	17,931,000	18,275,000	13,084,000	10,474,000	8,320,000	24,552,000	7,797,000	11,141,000	12,518,000	10,335,000	14,004,000	9,071,000	8,629,000	14,589,000	12,323,000	8,488,000	7,841,000	12,170,000	11,826,000	9,278,000	9,676,000	12,894,000	12,611,000	11,276,000	7,651,000	12,314,000	13,468,000	11,690,000	9,574,000	12,778,000	13,613,000	10,230,000	6,664,000	6,503,000	9,489,000	8,995,000	6,897,000	8,397,000	8,646,000	7,578,000	6,429,000	9,548,000	10,027,000	8,685,000	4,941,000	6,100,000	8,000,000	8,500,000	13,509,000	15,867,000	8,253,000	8,398,000	10,214,000	6,081,000	4,857,000	8,133,000	7,457,000
income taxes payable	295,000	258,000	197,000	85,000	130,000	48,000	54,000	35,000	78,000	45,000	43,000	12,000	11,000	97,000	104,000	103,000	4,000	4,000	39,000	20,000	21,000	25,000	12,000	72,000		276,000	862,000	2,054,000												197,000	2,263,000			1,755,000	1,307,000	1,018,000	1,528,000	6,384,000	3,361,000	3,379,000	1,559,000	3,038,000	3,479,000	883,000	1,479,000	727,000	3,876,000	1,214,000								200,000		979,000	1,775,000		438,000	1,352,000
interest payable, related party	986,000	1,008,000	1,008,000	701,000
current portion of operating lease liabilities	1,287,000	1,251,000	1,216,000	1,186,000	1,316,000	1,486,000	1,642,000	1,866,000	2,083,000	2,449,000	2,747,000	2,902,000	3,050,000	3,328,000	653,000	636,000	619,000	602,000	589,000	597,000	636,000	651,000	654,000	1,167,000
current portion of finance lease liabilities	156,000	153,000	149,000	146,000				3,000	13,000	22,000	31,000	37,000	36,000	36,000	35,000	34,000	33,000	41,000	55,000	61,000	60,000	58,000	57,000	56,000
asset-based loan	4,666,000	3,332,000	6,662,000	5,055,000		4,789,000	1,426,000	5,798,000	3,111,000	7,492,000	3,370,000
total current liabilities	68,727,000	61,575,000	56,478,000	54,676,000	44,403,000	50,368,000	44,736,000	42,632,000	44,781,000	47,782,000	45,236,000	53,257,000	98,875,000	151,371,000	133,901,000	114,998,000	48,942,000	18,777,000	29,337,000	30,161,000	28,861,000	23,503,000	21,600,000	18,171,000		19,413,000	23,575,000	29,083,000		97,840,000	83,867,000		64,630,000	76,253,000	82,195,000	90,766,000	91,054,000	72,616,000	83,486,000	80,023,000	67,003,000	62,477,000	68,854,000	62,356,000	65,542,000	58,585,000	69,021,000	66,481,000	62,564,000	76,537,000	89,338,000	33,799,000	41,931,000	85,170,000	82,336,000	95,390,000	33,699,000	27,684,000	25,024,000	29,190,000	24,148,000	27,877,000	27,177,000	24,583,000	41,200,000	31,800,000	37,800,000	48,573,000	47,572,000	34,392,000	25,680,000	28,024,000	19,811,000	20,896,000	23,085,000	20,662,000
note payable - related party, net of deferred financing costs	39,608,000	39,584,000	39,560,000	39,536,000
long-term operating lease liabilities	5,149,000	5,608,000	5,887,000	5,879,000	6,116,000	6,514,000	6,871,000	7,139,000	7,121,000	7,676,000	7,537,000	6,584,000	7,133,000	8,044,000	6,582,000	6,695,000	6,806,000	7,779,000	8,011,000	8,099,000	8,348,000	8,408,000	8,497,000	9,754,000	16,973,000	17,945,000	18,256,000
long-term finance lease liabilities	184,000	224,000	264,000	302,000								3,000	13,000	19,000	29,000	38,000	47,000	53,000	72,000	80,000	96,000	114,000	127,000	144,000	158,000	172,000	193,000
total liabilities	113,668,000	106,991,000	102,189,000	100,393,000	50,533,000	56,896,000	51,642,000	49,806,000	51,952,000	55,553,000	52,912,000	60,028,000	106,250,000	162,214,000	143,521,000	124,913,000	59,114,000	30,052,000	37,524,000	39,086,000	39,039,000	34,344,000	33,490,000	28,069,000	58,571,000	37,646,000	42,140,000	47,745,000		100,486,000	86,743,000		64,630,000	76,253,000	82,195,000	97,849,000	98,887,000	81,821,000	98,696,000	98,248,000	109,081,000	105,428,000	113,218,000	109,266,000	116,922,000	114,817,000	128,214,000	124,737,000	125,829,000	143,138,000	157,960,000	55,866,000	65,137,000	89,207,000	86,352,000	119,985,000	153,714,000	135,994,000	138,931,000	172,532,000	163,644,000	166,555,000	165,855,000	146,976,000	138,600,000	156,700,000	159,800,000	193,051,000	195,895,000	189,485,000	180,883,000	83,332,000	71,681,000	64,081,000	66,396,000	29,381,000
stockholders’ equity:
preferred stock, 0.0001 par value...
common stock, 0.0001 par value...	4,000	3,000	3,000	3,000	3,000	3,000	3,000	3,000	3,000	3,000	3,000	15,000	9,000	8,000	8,000	8,000	8,000	8,000	8,000	8,000	8,000	7,000	7,000	6,000	6,000	6,000	6,000	6,000	6,000	6,000	6,000	6,000	6,000	6,000	6,000	6,000	6,000	6,000	6,000	6,000	6,000	6,000	6,000	6,000	5,000	6,000	6,000	6,000	6,000	6,000	6,000	5,000	5,000	5,000	5,000	5,000		5,000	5,000	5,000	3,000	3,000	3,000	2,000
additional paid-in capital	435,838,000	434,964,000	433,939,000	415,637,000	465,112,000	464,620,000	464,143,000	463,844,000	463,484,000	463,140,000	462,799,000	462,517,000	421,596,000	388,177,000	386,958,000	386,310,000	367,104,000	363,417,000	361,424,000	360,537,000	359,721,000	358,726,000	357,980,000	348,375,000	347,564,000	346,392,000	345,217,000	344,004,000	343,536,000	343,048,000	340,618,000	338,137,000	336,067,000	334,490,000	331,126,000	321,980,000	318,392,000	316,091,000	278,840,000	275,797,000	273,451,000	269,807,000	265,997,000	259,139,000	254,233,000	283,571,000	280,256,000	275,330,000	266,122,000	261,887,000	257,121,000	200,642,000	195,485,000	191,367,000	187,576,000	169,320,000	166,814,000	163,950,000	161,484,000	123,771,000	96,574,000	95,574,000	93,150,000	88,749,000	88,000,000	78,300,000	78,000,000	59,566,000	58,631,000	58,312,000	57,798,000	54,141,000	52,957,000	50,659,000	48,956,000	46,661,000
accumulated other comprehensive income	130,000	96,000	109,000	96,000	206,000	251,000	133,000	185,000	169,000	127,000	194,000	147,000	160,000	181,000	292,000	176,000	89,000	81,000	13,000	30,000	-19,000	11,000	51,000		-966,000			-1,022,000	-1,116,000	-960,000	-1,045,000	-1,063,000	-884,000	-822,000	-970,000	-964,000	-956,000	-981,000	-913,000	-919,000	-1,237,000	-1,033,000	-666,000	-742,000	-502,000	-397,000	-330,000	-508,000	-359,000	-201,000	-184,000	-60,000	-40,000	-60,000	-72,000		-44,000	-23,000	72,000	96,000	109,000	109,000	111,000	118,000	100,000	100,000	100,000	125,000	117,000	117,000	120,000	45,000	39,000	37,000	38,000	37,000
accumulated deficit	-281,116,000	-285,780,000	-288,805,000	-309,160,000	-310,928,000	-316,308,000	-320,738,000	-323,270,000	-325,244,000	-326,806,000	-328,910,000	-330,197,000	-330,176,000	-351,519,000	-332,492,000	-313,698,000	-319,938,000	-309,214,000	-293,534,000	-286,988,000	-278,688,000	-261,008,000																											-841,000	-11,846,000	-20,814,000	-29,254,000	-37,019,000	-60,220,000	-70,026,000	-83,204,000	-86,810,000	-87,801,000	-105,718,000	-107,844,000	-85,272,000	-82,918,000	-75,483,000	-63,633,000	-55,600,000	-32,500,000	-12,700,000
treasury stock	-36,681,000	-36,225,000	-34,748,000	-34,726,000	-34,689,000	-34,666,000	-34,534,000	-34,528,000	-34,514,000	-34,504,000	-34,482,000	-34,480,000	-34,451,000	-34,251,000	-34,268,000	-34,238,000	-34,159,000	-34,100,000	-34,017,000	-33,956,000	-33,851,000	-33,607,000	-33,566,000	-33,529,000	-33,484,000	-33,444,000	-33,378,000	-33,368,000	-33,237,000	-33,155,000	-33,088,000	-33,067,000	-33,064,000	-31,806,000	-27,905,000	-20,371,000	-20,269,000	-18,844,000	-18,478,000	-18,023,000	-17,869,000	-14,296,000	-14,220,000	-4,267,000	-495,000	-22,419,000	-22,142,000	-20,226,000	-15,176,000	-12,005,000	-10,979,000	-8,716,000	-3,701,000	-2,164,000	-2,157,000	-1,883,000		-1,097,000	-1,091,000	-940,000	-742,000	-631,000	-545,000	-545,000	-500,000	-500,000	-500,000	-497,000	-497,000	-274,000	-190,000	-190,000	-190,000	-190,000	-190,000
total stockholders’ equity	118,175,000	113,058,000	110,498,000	71,850,000	119,704,000	113,900,000	109,007,000	106,234,000	103,898,000	101,960,000	99,604,000	98,002,000	57,138,000	2,596,000	20,498,000	38,558,000	13,104,000	20,192,000	33,894,000	39,631,000	47,171,000	64,129,000	108,706,000	108,705,000	173,276,000	211,711,000	221,676,000	235,047,000																			280,007,000	265,779,000	249,752,000	237,841,000	225,150,000	162,617,000	154,730,000	128,928,000	115,326,000	84,207,000	78,298,000	75,034,000	54,752,000	15,088,000	18,430,000	19,193,000	23,688,000	31,634,000	38,100,000	45,400,000	64,900,000	50,719,000	96,070,000	90,124,000	84,609,000	77,461,000	73,152,000	65,803,000	59,245,000	53,509,000
total liabilities and stockholders’ equity	231,843,000	220,049,000	212,687,000	172,243,000	170,237,000	170,796,000	160,649,000	156,040,000	155,850,000	157,513,000	152,516,000	158,030,000	163,388,000	164,810,000	164,019,000	163,471,000	72,218,000	50,244,000	71,418,000	78,717,000	86,210,000	98,473,000	142,196,000	136,774,000	231,847,000	249,357,000	263,816,000	282,792,000																			408,221,000	390,516,000	375,581,000	380,979,000	383,110,000	218,483,000	219,867,000	218,135,000	201,678,000	204,192,000	232,012,000	211,028,000	193,683,000	187,620,000	182,074,000	185,748,000	189,543,000	178,610,000	176,700,000	202,100,000	224,700,000	243,770,000	291,965,000	279,609,000	265,492,000	160,793,000	144,833,000	129,884,000
accounts receivable, related party, net of allowance for credit losses of 0 at december 31, 2025 and december 31, 2024		64,204,000
current portion of long-term debt					15,000	60,000	104,000	149,000	179,000	179,000	179,000	179,000	179,000	2,052,000	1,853,000	1,690,000	1,553,000	1,436,000	4,788,000	5,023,000	4,048,000	3,462,000	2,527,000										27,950,000	40,589,000	42,716,000	42,603,000	40,566,000	34,562,000	50,228,000	44,765,000	32,291,000	27,727,000	30,332,000	24,417,000	18,643,000	11,367,000	24,939,000	24,068,000	26,415,000	35,529,000	45,770,000	5,432,000	4,329,000	1,002,000	968,000	940,000	767,000	723,000	510,000	9,276,000	4,364,000	7,626,000	6,610,000	8,949,000	26,000,000	9,300,000	9,500,000	9,017,000	8,909,000	8,816,000	8,847,000	7,034,000	6,196,000	4,880,000	6,333,000	2,589,000
deferred revenue, long-term					14,000	14,000	35,000	35,000	35,000	35,000	35,000	35,000	35,000	44,000	74,000	84,000	84,000	91,000	104,000	104,000	117,000	104,000	111,000
accounts receivable, related party, net of allowance for credit losses of 0 at september 30, 2025 and december 31, 2024			44,831,000
accrued liabilities, related party			7,248,000	7,248,000
accounts receivable, related party, net of allowance for credit losses of 0 at june 30, 2025 and december 31, 2024				37,350,000
accounts receivable, related party, net of allowance for credit losses of 0 at march 31, 2025 and december 31, 2024					48,246,000
operating lease right-of-use assets					3,008,000	3,326,000	3,759,000	4,184,000	4,336,000	5,030,000	5,131,000	4,279,000	4,923,000	5,900,000	1,715,000	1,771,000	1,827,000	2,041,000	2,162,000	2,217,000	2,320,000	2,368,000	2,422,000	2,473,000	16,388,000	17,625,000	17,982,000	18,202,000
accounts receivable, related party, net of allowance for credit losses of 0 at december 31, 2024 and december 31, 2023, respectively						52,370,000
long-term debt									15,000	60,000	104,000	149,000	194,000	2,736,000	2,935,000	3,098,000	3,235,000	3,352,000		642,000	1,617,000
accounts receivable, related party, net of allowance for credit losses of 0 at september 30, 2024 and december 31, 2023, respectively							47,064,000
accounts receivable, related party, net of allowance for credit losses of 0 at each of june 30, 2024 and december 31, 2023, respectively								40,049,000
current contract assets								5,786,000	7,019,000	5,836,000	7,816,000	7,716,000	7,066,000	7,113,000	7,196,000	6,260,000	3,533,000
long-term contract assets								66,121,000	66,369,000	68,820,000	68,207,000	69,583,000	71,372,000	72,576,000	73,878,000
accounts receivable, related party, net of allowance for credit losses of 0 at each of march 31, 2024 and december 31, 2023									38,655,000
accounts receivable, related party, net of allowance for credit losses of 0 at december 31, 2023 and 2022, respectively										34,569,000
interest payable														130,000	118,000	106,000	94,000	82,000	58,000	46,000	34,000	22,000							8,000	6,000	24,000	6,000	43,000	30,000	21,000	49,000	24,000	156,000	185,000	141,000	111,000	93,000	106,000	106,000	93,000	76,000	89,000	99,000	111,000	132,000	209,000	100,000	114,000	364,000	1,093,000	463,000	2,097,000	699,000	2,097,000	728,000	728,000	1,981,000	526,000	2,672,000
convertible notes payable														19,799,000	19,055,000	18,323,000	17,609,000
contract consideration convertible notes payable													43,800,000	83,570,000	73,030,000	67,220,000
accounts receivable, related party, net of allowance for credit losses of 0 at september 30, 2023 and december 31, 2022, respectively											24,765,000
accounts receivable, related party, net of allowance for credit losses of 0 at june 30, 2023 and december 31, 2022, respectively												23,033,000
accounts receivable, related party													26,230,000	22,683,000	25,916,000	11,603,000
assets held for sale															535,000	535,000	2,752,000	2,762,000	546,000	546,000									118,470,000		2,250,000			4,135,000	7,197,000	27,891,000	43,900,000
commitments and contingencies
long term contract assets																76,063,000	7,067,000
income taxes receivable																	32,000	22,000	71,000	53,000	403,000	754,000	6,846,000	6,635,000	631,000	313,000	3,467,000	3,351,000	3,161,000	2,441,000	2,659,000	2,809,000	2,826,000	2,649,000	3,872,000	12,271,000	12,752,000	18,192,000	15,874,000	14,948,000	4,700,000	1,704,000	947,000
contingent convertible notes payable																	14,050,000
goodwill																			8,092,000	8,092,000	8,092,000	8,092,000	17,522,000							19,480,000	19,480,000	56,660,000	56,660,000	56,660,000	56,660,000	56,660,000	56,660,000	73,682,000	72,820,000	72,820,000	72,820,000	72,820,000	72,820,000	72,820,000	71,131,000	71,131,000	72,150,000	71,583,000	66,271,000	66,271,000	66,271,000	26,943,000	26,943,000	26,943,000	26,943,000	26,943,000	26,943,000	26,943,000	26,943,000	26,943,000	26,943,000	26,943,000	26,943,000	26,943,000	27,000,000	27,000,000	45,500,000	45,443,000	106,877,000	104,996,000	136,580,000	60,480,000	45,648,000	41,280,000	44,055,000	24,185,000
other intangible assets																							12,777,000		23,083,000	23,578,000	24,290,000	24,978,000	26,827,000	47,538,000	47,025,000	47,619,000	48,231,000	48,851,000	49,080,000	49,726,000	50,352,000	58,949,000	58,166,000	58,992,000	69,386,000	70,454,000	71,604,000	72,716,000	73,528,000	74,715,000	75,699,000	76,422,000	77,523,000	78,662,000	79,714,000	23,631,000	24,166,000	25,004,000	25,734,000	26,554,000	29,094,000	30,141,000	30,850,000	34,318,000	37,416,000	39,484,000	41,125,000	34,837,000
deferred tax liabilities																						14,000	11,000		116,000	116,000	116,000	116,000		2,646,000	2,876,000						3,373,000	1,205,000	526,000	1,755,000	23,823,000	22,910,000	22,537,000	23,297,000	25,982,000	26,048,000	27,223,000	27,351,000	27,575,000	25,491,000	25,631,000	394,000	751,000	3,149,000	2,994,000	2,991,000	2,780,000	42,000	856,000	1,255,000	3,640,000		344,000	3,203,000
long-term debt, less current portion																						2,201,000	3,144,000													7,083,000	7,833,000	8,000,000	14,684,000	16,470,000	18,255,000	20,041,000	21,827,000	23,613,000	25,398,000	30,184,000	31,970,000	30,905,000	35,690,000	41,110,000	42,991,000	21,673,000	22,455,000	888,000	1,022,000	1,107,000	875,000	926,000	565,000	23,599,000	31,396,000	33,002,000	34,028,000	23,589,000	300,000	31,800,000	30,000,000	29,478,000	145,973,000	152,122,000	152,149,000	52,377,000	49,501,000	42,124,000	42,775,000	8,185,000
retained earnings																							-215,766,000	-205,058,000	-139,844,000	-100,281,000	-89,171,000	-74,573,000	-107,565,000	-116,124,000	-112,192,000	-37,158,000	-37,225,000	-28,736,000	-25,633,000	-21,808,000	-9,830,000	4,089,000	6,835,000	9,115,000	39,300,000	40,675,000	38,700,000	51,247,000	52,762,000	36,489,000	22,217,000	11,177,000																				-8,477,000	37,817,000	31,967,000	26,880,000	23,464,000	20,345,000	15,296,000	10,440,000	6,810,000
commitments and contingencies “see note 16”
accumulated other comprehensive loss																								-1,089,000		-962,000	-998,000																													-31,000
liabilities held for sale																													9,174,000					1,586,000	2,416,000	4,638,000	4,961,000
current portion of lease liabilities																									541,000	762,000	714,000	713,000
long-term debt, classified as current																													49,731,000	53,402,000	49,126,000	39,741,000
total current liabilities and total liabilities																									41,324,000				84,259,000			71,609,000
operating lease liabilities																												18,416,000
finance lease liabilities																												130,000
liabilities and equity
equity:
flotek industries, inc. stockholders’ equity																													201,624,000	192,815,000	194,299,000	266,855,000	264,900,000	273,132,000	276,624,000	278,843,000	287,343,000	300,361,000	266,290,000	265,976,000	293,651,000	295,159,000	289,817,000	305,383,000
noncontrolling interests																														1,000	1,000	358,000	358,000	358,000	358,000	358,000	358,000	358,000	358,000	358,000	358,000	358,000	358,000	358,000	351,000	351,000
total equity																													201,624,000	192,816,000	194,300,000	267,213,000	265,258,000	273,490,000	276,982,000	279,201,000	287,701,000	300,719,000	266,648,000	266,334,000	294,009,000	295,517,000	290,175,000	305,741,000	306,354,000	297,601,000
total liabilities and equity																													285,883,000	293,302,000	281,043,000	338,822,000	329,888,000	349,743,000	359,177,000	377,050,000	386,588,000	382,540,000	365,344,000	364,582,000	403,090,000	400,945,000	403,393,000	415,007,000	423,276,000	412,418,000
cumulative convertible preferred stock, 0.0001 par value...																																																																	6,100,000
flotek industries, inc. stockholders' equity																																													306,003,000	297,250,000
convertible senior notes, net of discount																																																					5,133,000	54,062,000	53,231,000	66,601,000	99,738,000							95,601,000
warrant liability																																																								20,497,000	16,622,000	7,584,000	15,386,000	18,639,000	7,151,000	6,045,000	6,542,000
property, plant and equipment																																																								45,790,000		42,624,000							62,400,000	65,000,000	66,900,000	66,835,000	62,985,000	58,623,000	55,213,000	39,824,000	36,747,000	33,055,000	30,612,000	19,302,000
262 at december 31, 2011 and 2010, respectively																																																									44,567,000
stockholders’ equity
cumulative convertible preferred stock, at accreted value; 0.0001 par value...
100,000 shares authorized; zero and 11,205 shares issued and outstanding
at december 31, 2011 and 2010, respectively; liquidation preference of
1,000 per share
51,957,652 shares issued and 49,153,495 shares outstanding at
december 31, 2011; 36,753,891 shares issued and 35,327,893 shares
outstanding at december 31, 2010																																																									5,000
2011 and 2010, respectively																																																									-1,667,000
convertible notes, net of discount																																																										98,407,000	97,100,000	99,849,000	97,309,000	96,083,000	94,904,000
income tax receivable																																																											635,000	2,263,000	2,246,000	9,710,000	9,202,000	6,607,000	4,400,000
deferred tax asset																																																											65,000	67,000
deferred tax liability																																																											65,000	67,000
cumulative convertible preferred stock at accreted value; 0.0001 par value...
cumulative convertible preferred stock; at accreted value; 0.0001 par value...
cumulative convertible preferred stock at accreted value, 0.0001 par value...																																																													7,758,000	7,056,000	6,452,000	6,943,000
deferred tax assets, less current portion																																																														157,000				9,500,000	9,500,000	15,835,000
deferred tax liabilities, less current portion																																																														3,548,000	3,204,000						2,350,000	2,971,000	3,054,000	2,931,000	2,369,000	1,061,000
deferred tax assets, current																																																																762,000				917,000				329,000	110,000
deferred tax asset, current																																																																		500,000	200,000		1,033,000	1,521,000	1,160,000
intangible assets																																																																	35,800,000	36,300,000	37,400,000	38,015,000	45,512,000	40,023,000
accrued interest payable																																																																	1,200,000	2,800,000	900,000	2,402,000	1,190,000	3,055,000
convertible senior notes, net of discount of 20.6 million and 24.2 million at september 30, 2009 and december 31, 2008, respectively																																																																	94,400,000
deferred tax liability, less current portion																																																																	2,700,000										536,000	534,000
convertible senior notes, net of discount of 21.9 million and 24.2 million at june 30, 2009 and december 31, 2008, respectively																																																																		93,100,000
preferred stock, 100,000 shares authorized, none issued
common stock, .0001 par value...																																																																				2,000	2,000	2,000	1,000	1,000	1,000	1,000	1,000	1,000
convertible senior notes, net of discount of 23.0 million and 24.2 million at march 31, 2009 and december 31, 2008, respectively																																																																			92,000,000
other assets																																																																				4,000	34,000	6,828,000
convertible senior notes																																																																				115,000,000
intangible and other assets																																																																							15,946,000	11,890,000	7,961,000	4,206,000	1,287,000	1,339,000
deferred tax liabilities, current																																																																										673,000
investment in affiliate																																																																									7,187,000	6,981,000	6,371,000
deferred tax liability, current																																																																											673,000
current portion of deferred tax liability																																																																												675,000

Cashflow Statements:

Quarterly

Annual

Unit: USD	2026-03-31	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2008-12-31	2008-09-30	2008-06-30	2008-03-31	2007-12-31	2007-09-30	2007-06-30	2007-03-31

cash flows from operating activities:
net income	4,664,000	3,025,000	20,355,000	1,768,000	5,380,000	4,430,000	2,532,000	1,974,000	1,562,000	2,104,000	1,287,000	-21,000	21,343,000														32,992,000				67,000									-1,375,000	1,975,000	-12,547,000	-1,515,000	16,273,000	14,272,000	11,040,000	12,018,000	11,005,000	8,968,000	8,440,000	7,765,000	23,201,000	9,806,000	13,178,000	3,606,000	991,000	17,917,000	2,126,000	10,374,000					-46,294,000	5,850,000	5,087,000	3,416,000	3,119,000	5,049,000	4,856,000	3,703,000
adjustments to reconcile net income to net cash from operating activities:
change in fair value of contingent consideration		0	0	-2,000	-125,000	117,000	-19,000	-1,000	-26,000	-143,000	-60,000	35,000	-359,000	81,000	28,000	-228,000	94,000	33,000	-335,000	-484,000
amortization of contract assets	2,232,000	2,098,000	1,294,000	1,434,000	1,482,000	1,271,000	1,592,000	1,482,000	1,267,000	1,368,000	1,275,000	1,139,000	1,251,000	1,385,000	1,249,000
depreciation	631,000	629,000	581,000	374,000	252,000	229,000	220,000	222,000	220,000	204,000	181,000	173,000	176,000
amortization of deferred financing costs	95,000	93,000	95,000																					0	0	0	1,428,000	106,000	102,000	96,000	96,000	96,000	123,000	123,000	130,000	116,000	103,000	118,000	87,000	86,000	87,000	87,000	86,000	86,000	109,000	42,000	106,000	104,000	53,000	0	12,000	207,000	209,000	240,000	290,000	597,000	542,000	953,000	1,034,000	979,000	1,419,000	1,031,000	485,000	328,000
provision for credit losses, net of recoveries	56,000	48,000	294,000	195,000	66,000	60,000	42,000	47,000	32,000		34,000	40,000	23,000
provision for excess and obsolete inventory	396,000	135,000	57,000	186,000	64,000	19,000	193,000	148,000	285,000	333,000	129,000	239,000	258,000	1,068,000	-103,000	459,000	310,000	273,000	307,000	1,796,000	9,936,000	0	529,000					601,000	-125,000	767,000	1,175,000
gain on sale of property and equipment		0	0	0	-7,000	-90,000	0			0				-1,000,000	-10,000
non-cash lease expense	188,000	185,000	216,000	306,000	318,000	433,000	425,000						977,000	58,000	56,000	56,000	56,000	58,000	105,000	57,000	57,000	58,000	184,000	-73,000	349,000	234,000	230,000
stock compensation expense	824,000	594,000	569,000	676,000	461,000	451,000	273,000	331,000	311,000	311,000	271,000	276,000	-1,112,000	1,063,000	671,000	852,000	739,000	972,000	778,000	836,000	687,000	1,059,000	462,000	1,406,000	1,160,000	1,213,000	456,000	480,000	2,185,000	2,422,000	1,963,000	1,493,000	3,026,000	3,642,000	3,011,000	2,574,000	3,716,000	3,398,000	2,365,000	4,202,000	3,569,000	3,448,000	3,462,000	3,047,000	2,673,000	2,422,000	2,334,000	2,217,000	2,877,000	3,579,000	2,241,000	3,850,000	3,694,000	3,699,000	2,178,000	2,627,000	2,112,000	2,275,000	423,000	664,000	181,000	3,464,000	375,000	401,000	636,000	745,000	718,000	769,000	590,000	278,000	13,000
deferred income tax expense	1,572,000	1,588,000	-12,789,000	2,000	14,000	16,000	17,000	7,000	209,000						6,000	-1,000	-4,000
changes in current assets and liabilities:
accounts receivable	-2,808,000	7,676,000	-4,840,000	-2,607,000	-2,489,000	-5,226,000	1,054,000	-2,645,000	2,937,000	1,839,000	1,254,000	-1,286,000	3,504,000	-1,594,000	4,393,000	-9,961,000	-180,000	1,740,000	255,000	-1,158,000	-2,538,000	5,577,000	1,675,000	-636,000	15,340,000	6,763,000	-474,000	6,906,000	-12,248,000	2,068,000	668,000	10,160,000	4,170,000	2,914,000	-15,788,000	-7,800,000	-7,659,000	816,000	3,099,000	1,375,000	4,397,000	-455,000	22,613,000	-9,853,000	-3,347,000	-24,000	-525,000	-3,341,000	-3,981,000	1,368,000	-3,908,000	1,264,000	-1,643,000	5,344,000	-3,169,000	1,228,000	-8,098,000	-7,334,000	-3,714,000	-2,209,000	-5,125,000	-2,034,000	-3,330,000	2,442,000	-1,595,000	-7,001,000	-2,389,000	1,663,000	-3,064,000	-632,000	1,989,000
accounts receivable, related party	-9,798,000	-26,621,000	-7,481,000	-6,656,000	4,124,000	-5,306,000	-7,015,000	-1,394,000	-4,086,000	-9,804,000	-1,732,000	3,196,000	-3,546,000	3,233,000
inventories	-4,070,000	2,604,000	-986,000	1,802,000	-354,000	-578,000	-724,000	1,510,000	-1,318,000	2,714,000	2,382,000	-2,717,000	-441,000	3,456,000	-6,852,000	-3,522,000	-999,000	-144,000	-78,000	769,000	-3,232,000	1,625,000	4,793,000	-3,065,000	2,093,000	7,938,000	-7,031,000	21,873,000	-2,164,000	-9,564,000	-7,548,000	-5,078,000	7,810,000	-13,650,000	-6,373,000	-2,420,000	5,031,000	2,845,000	-11,984,000	-1,332,000	180,000	-4,484,000	-11,990,000	-5,061,000	793,000	-8,965,000	-9,863,000	6,578,000	3,915,000	-6,311,000	341,000	-4,419,000	-1,198,000	-755,000	-2,334,000	-1,573,000	-41,000	-5,624,000	-2,805,000	-662,000	-371,000	371,000	49,000	-6,863,000	-6,643,000	-1,750,000	734,000	1,754,000	1,583,000	215,000	-2,881,000
income tax receivable	20,000	0	0																																																							1,299,000	1,115,000	-727,000	7,464,000	-508,000	-2,595,000
other assets	663,000	-1,197,000	879,000	385,000	-540,000	-288,000	161,000	-168,000	856,000	27,000	-857,000	464,000	-470,000	252,000																																																				78,000	-98,000	-465,000	-20,000	-46,000	-54,000
accounts payable	4,249,000	13,244,000	-1,278,000	-2,615,000	893,000	678,000	5,640,000	-4,196,000	4,246,000	-1,730,000	-11,514,000	3,020,000	8,554,000	3,724,000	9,882,000	11,538,000	616,000	106,000	695,000	-417,000	-1,677,000	-2,563,000	-7,666,000	5,565,000	-277,000	-2,941,000	-1,216,000	-3,862,000	4,818,000	2,543,000	1,132,000	-457,000	-6,844,000	-7,089,000	5,671,000	6,236,000	2,252,000	-2,109,000	6,274,000	-2,406,000	-5,094,000	-1,287,000	-4,758,000	530,000	1,880,000	4,037,000	6,700,000	-3,985,000	-9,048,000	-5,924,000	-2,369,000	1,719,000	2,800,000	-3,192,000	1,200,000	2,201,000	1,586,000	2,084,000	-830,000	4,012,000	1,265,000	-2,769,000	2,991,000	2,834,000	5,563,000	6,213,000	-2,195,000	1,720,000	-3,323,000	2,540,000	-3,315,000
accrued liabilities	1,515,000	2,331,000	1,019,000	-82,000	-1,811,000	1,660,000	1,107,000	-338,000	-2,499,000	604,000	312,000	-4,727,000	1,236,000	-527,000	3,417,000	-360,000	-2,564,000	-731,000	-317,000	6,429,000	-934,000	767,000	-17,522,000	14,030,000	-2,906,000	-2,023,000	-8,193,000	-8,658,000	2,474,000	2,462,000	-5,018,000	6,619,000	1,741,000	-1,445,000	1,265,000	26,461,000	-362,000	-75,000	-2,078,000	1,200,000	-7,000	3,625,000	-4,663,000	-1,243,000	1,702,000	1,848,000	-2,531,000	-878,000	3,888,000	882,000	161,000	-2,986,000	488,000	2,098,000	-1,494,000	-250,000	1,147,000	1,470,000	-2,622,000	2,297,000	33,000	872,000	1,405,000	-2,843,000	9,015,000	-860,000	-188,000		1,998,000	-2,097,000	261,000
operating lease liabilities	-423,000	-246,000	-269,000	-367,000	-568,000	-513,000	-492,000	-589,000	-921,000	-755,000	-750,000	-696,000	-1,190,000	-103,000	-96,000
income taxes payable	37,000	61,000	112,000	-45,000	82,000	-6,000	19,000	-43,000	33,000	1,000	31,000	2,000	-87,000	-7,000	1,000			79,000	89,000	59,000	-94,000	-107,000	226,000		-587,000	-1,246,000	2,428,000							-107,000	97,000	-83,000	-48,000	58,000	-1,817,000	2,995,000	5,000	307,000	535,000	312,000	-458,000	-2,782,000	4,322,000	609,000	2,223,000	-799,000	161,000	3,362,000	-596,000
interest payable, related party	-22,000	0	307,000
net cash from operating activities	21,000	6,247,000	-1,865,000	-4,491,000	7,313,000	-2,564,000	5,098,000	-3,060,000	3,887,000	-2,049,000	-7,014,000	-3,374,000	1,140,000	2,534,000	-23,251,000	-15,441,000	-8,474,000	-5,977,000	-5,265,000	-8,743,000	-9,879,000	-8,720,000	-20,496,000	-5,084,000	10,825,000	1,211,000	-25,721,000	3,085,000	-4,895,000	-7,253,000	-11,753,000	15,953,000	8,421,000	-4,686,000	-2,557,000	2,969,000	2,439,000	3,198,000	-6,552,000	8,875,000	6,336,000	5,002,000	6,458,000	8,925,000	21,457,000	2,935,000	15,505,000	18,188,000	9,877,000	3,474,000	8,009,000	11,058,000	16,384,000			24,301,000	11,512,000	-579,000	-2,811,000	10,085,000	6,924,000	645,000	-5,555,000	1,476,000	12,762,000	8,385,000	2,251,000	13,375,000	4,198,000	6,256,000	1,257,000
cash flows from investing activities:
capital expenditures	-1,002,000	-287,000	-388,000	-711,000	-598,000	-1,449,000	-262,000	-77,000	-152,000	-488,000	-301,000	-135,000	-157,000	-246,000	-170,000	0	0	-12,000	-19,000	-589,000	-794,000	0	-42,000	-542,000	-1,102,000	-306,000	-461,000	1,002,000	-1,334,000	-1,440,000	-1,787,000	-2,805,000	-1,647,000	-2,631,000	-1,877,000	-2,339,000	-2,665,000	-4,743,000	-4,213,000	-9,390,000	-2,115,000	-3,373,000	-5,590,000	-6,413,000	-4,249,000	-5,130,000	-4,115,000	-5,022,000	-866,000	-4,736,000	-4,383,000	-5,458,000	-5,765,000			-4,013,000	-2,314,000	-2,416,000	-1,241,000	-2,932,000	-945,000	-1,208,000	-975,000	-7,122,000	-7,319,000	-6,179,000	-3,091,000	-3,202,000	-3,832,000	-4,609,000	-4,029,000
free cash flows	-981,000	5,960,000	-2,253,000	-5,202,000	6,715,000	-4,013,000	4,836,000	-3,137,000	3,735,000	-2,537,000	-7,315,000	-3,509,000	983,000	2,288,000	-23,421,000	-15,441,000	-8,474,000	-5,989,000	-5,284,000	-9,332,000	-10,673,000	-8,720,000	-20,538,000	-5,626,000	9,723,000	905,000	-26,182,000	4,087,000	-6,229,000	-8,693,000	-13,540,000	13,148,000	6,774,000	-7,317,000	-4,434,000	630,000	-226,000	-1,545,000	-10,765,000	-515,000	4,221,000	1,629,000	868,000	2,512,000	17,208,000	-2,195,000	11,390,000	13,166,000	9,011,000	-1,262,000	3,626,000	5,600,000	10,619,000			20,288,000	9,198,000	-2,995,000	-4,052,000	7,153,000	5,979,000	-563,000	-6,530,000	-5,646,000	5,443,000	2,206,000	-840,000	10,173,000	366,000	1,647,000	-2,772,000
proceeds from sale of assets		0	0	0	7,000	90,000	0			-1,000				1,537,000	21,000	4,170,000	24,000	72,000	2,000	23,000	20,000	32,000	34,000	6,000	94,000	8,000	132,000	1,026,000	271,000	10,000	80,000	368,000	11,000	152,000	158,000	-1,086,000	343,000	265,000	593,000	947,000	1,037,000	873,000	1,315,000	1,317,000	1,340,000	1,150,000	832,000	1,193,000	1,569,000	1,638,000	1,388,000	2,145,000	758,000	1,388,000	1,230,000	1,521,000	1,486,000	1,236,000	1,043,000	2,821,000	1,296,000	763,000	580,000	3,468,000	440,000	482,000	164,000	631,000	264,000	242,000	137,000
net cash from investing activities	-1,002,000	-287,000	-388,000	-711,000	-591,000	-1,359,000	-262,000	-43,000	-152,000	-489,000	-233,000	-135,000	-157,000	1,291,000	-149,000	4,165,000	24,000		-17,000	-566,000	-711,000	-16,465,000	41,000	-167,160,000	-1,371,000	-422,000	169,290,000	1,926,000	-683,000	-1,508,000	-1,844,000	-2,099,000	-1,206,000	14,848,000	-1,803,000	-3,602,000	-10,376,000	-4,551,000	-3,752,000	-8,667,000	-1,220,000	-2,677,000	-5,640,000	-5,047,000	-3,094,000	-4,858,000	-8,704,000	-3,914,000	703,000	-56,494,000	-2,995,000	-3,302,000	-5,009,000	-3,985,000	-2,904,000	-2,493,000	-851,000	-1,400,000	-198,000	-109,000	347,000	-439,000	-399,000	-3,672,000	-8,760,000	-5,677,000	-99,069,000	-15,159,000	-13,263,000	-4,110,000	-38,000,000
cash flows from financing activities:
payments on long term debt		0	0	-15,000	-45,000	-44,000	-45,000	-45,000	-45,000		-44,000	-45,000	-15,000
proceeds from asset-based loan	55,100,000	39,950,000	40,050,000	53,605,000	53,345,000	44,350,000	39,300,000	44,500,000	38,800,000	40,966,000
payments on asset-based loan	-53,766,000	-43,280,000	-38,442,000	-48,549,000	-58,136,000	-40,987,000	-43,672,000	-41,813,000	-43,181,000	-36,844,000
proceeds from exercise of april 2025 warrant	1,000
payments to tax authorities for shares withheld from employees	-456,000	-1,477,000	-22,000	-37,000	-23,000	-132,000	-6,000	-15,000	-9,000	-22,000	-17,000	-29,000	-200,000	-33,000	-53,000	-79,000	-59,000
proceeds from issuance of stock under employee stock purchase plan	44,000	42,000	45,000	37,000	31,000
proceeds from stock option exercises	6,000	2,000
payments for finance leases	-37,000	-36,000	-35,000			0	-3,000	-10,000	-9,000	-9,000	-9,000	-9,000	-6,000	-8,000	-9,000	-7,000	-14,000	-15,000	-14,000	82,000	-101,000	0	-51,000	-102,000	89,000
net cash from financing activities	892,000	-4,818,000	1,815,000	4,088,000	-4,828,000	3,213,000	-4,564,000	2,646,000	-4,411,000	4,003,000	2,813,000	-70,000	-818,000	68,000	-1,232,000	19,438,000	19,993,000	-192,000	-81,000	-1,202,000	-94,000	4,770,000	253,000		31,000	-49,000	-49,862,000	-3,767,000	4,303,000	9,018,000	11,926,000	-14,246,000	-5,816,000	-8,560,000	1,337,000	2,046,000	7,569,000	2,720,000	10,516,000	-1,353,000	-4,226,000	-2,425,000	655,000	-7,764,000	-15,265,000	2,307,000	-7,718,000	-15,773,000	-11,692,000	58,412,000	-7,446,000	-26,985,000	-203,000	-14,949,000	-36,164,000	-600,000	-208,000	-1,863,000	2,150,000	2,840,000	-5,477,000	-1,397,000	5,934,000	-854,000	-4,723,000	-785,000	97,577,000	1,932,000	9,313,000	-1,950,000	36,917,000
effect of changes in exchange rates on cash and cash equivalents	34,000	-13,000	13,000	-110,000	-45,000	118,000	-52,000	16,000	42,000	-67,000	47,000	-13,000	-21,000	-111,000	116,000	87,000	8,000	-54,000	23,000	-22,000	-49,000	78,000	-109,000	3,000	0	0	2,000	-22,000	8,000	-26,000	-48,000	23,000	108,000	-6,000	26,000	-58,000	2,000	-7,000	60,000	355,000	-367,000	76,000	-240,000	-105,000	-67,000	178,000	-149,000	-140,000	-22,000	-137,000	-20,000	20,000
net change in cash and cash equivalents and restricted cash	-55,000	1,129,000	-425,000	-1,224,000	1,849,000	-592,000	220,000	-441,000	-634,000		-4,387,000	-3,592,000	144,000
cash and cash equivalents at the beginning of the period	5,731,000																																																												0	0	6,485,000
restricted cash at the beginning of the period	104,000
cash and cash equivalents and restricted cash at the beginning of the period	5,835,000
cash and cash equivalents at the end of the period	5,676,000																																																												1,794,000	-1,193,000	6,458,000
restricted cash at the end of the period	104,000
cash and cash equivalents and restricted cash at the end of the period	5,780,000
payments of asset-based loan origination costs		-19,000
payment of note payable issuance costs		0	0
payment of stock warrant issuance costs		0	-197,000
cash and cash equivalents at the beginning of period			0	0	4,404,000	0	0	0	5,851,000	0	0	0	12,290,000	0	0	0	11,534,000	0	38,660,000		0	0	100,575,000		0	0	3,044,000		0	0	4,584,000		0	0	4,823,000		0	0	2,208,000		0	0	1,266,000		0	0	2,730,000		0	0	2,700,000		0	0	46,682,000		0	0	19,863,000
restricted cash at the beginning of period			0	0	102,000	0	0	0	102,000	0	0	0	100,000	0	0	0	1,790,000	0	664,000		0	0	663,000
cash and cash equivalents and restricted cash at beginning of period			0	0	4,506,000	0	0	0	5,953,000	0	0	0	12,390,000	0	0	0	13,324,000	0	39,324,000	0	0	0	101,238,000
cash and cash equivalents at end of period			-425,000	-1,225,000	6,253,000	-593,000	220,000	-442,000	5,219,000	1,398,000	-4,388,000	-3,592,000	12,433,000	3,782,000	-24,576,000	8,249,000	24,835,000	-6,164,000	33,945,000	-10,533,000	-10,733,000	-20,337,000	80,263,000																																										-723,000	1,922,000	2,044,000		245,000	199,000	684,000
restricted cash at the end of period			0	1,000	102,000	1,000	0	1,000	100,000	0	1,000	0	101,000	0	60,000	0	40,000	0	40,000	0	0	0	664,000
cash and cash equivalents and restricted cash at end of period			-425,000	-1,224,000	6,355,000	-592,000	220,000	-441,000	5,319,000		-4,387,000	-3,592,000	12,534,000
proceeds from issuance of stock from stock option exercises
amortization of asset-based loan origination costs					71,000	71,000	73,000	85,000	85,000	85,000
change in fair value of contract consideration convertible notes payable										0	0	-3,874,000	-26,095,000	8,941,000	4,250,000
amortization of convertible note issuance costs
paid-in-kind interest expense										0	0	713,000	1,571,000	2,095,000	2,042,000
paycheck protection plan loan forgiveness										0	0	0	-4,522,000
interest payable										0	0	0	-8,000	12,000	12,000	12,000	12,000	12,000	12,000	12,000				0	0	0	-8,000	2,000	-18,000	18,000	-37,000	13,000	9,000	-28,000	25,000	-132,000	-29,000	44,000	30,000			0	13,000	17,000	-13,000	-10,000	-12,000	-21,000	-77,000	107,000	-14,000	-250,000	-729,000	630,000	-1,634,000	1,398,000	-1,397,000	1,427,000	-1,457,000	1,457,000	-1,253,000	1,455,000	-2,146,000
payment for forfeited stock options										0	0	0	-617,000
payment of asset-based loan origination costs						0				-72,000
proceeds from issuance of stock							26,000	29,000	33,000	29,000	15,000	13,000	20,000	109,000	0
amortization of convertible note issuance cost										0	0	0	83,000	339,000	249,000	248,000	166,000
lease expense									694,000		695,000
provision for credit losses
gain on lease termination														0	0	0	-584,000
income taxes receivable														11,000	-4,000	17,000	-10,000	-60,000	267,000	322,000	6,211,000	-139,000	-6,212,000	-307,000	3,134,000	-34,000	-247,000	-1,174,000	43,000	16,000	-1,000	-1,246,000	635,000	8,287,000	332,000	5,498,000	-2,152,000	-1,227,000	-10,308,000	-2,996,000	-757,000
contract assets														0
payments on long-term debt
proceeds from issuance of convertible notes														0	0	0	21,150,000
payment of issuance costs of convertible notes														0	0	0	-1,084,000
proceeds from issuance of warrants														0	0
payment of issuance costs of stock warrants														0
net change in cash, cash equivalents and restricted cash														3,782,000	-24,516,000	8,249,000	11,551,000	-6,163,000	-5,340,000
cash, cash equivalents and restricted cash at end of period														3,782,000	-24,516,000	8,249,000	24,875,000	-6,164,000	33,985,000
deferred income tax benefit													-6,000																		-7,662,000		-961,000	74,000	-7,403,000		1,767,000	-1,178,000	-6,898,000			-6,948,000	-2,367,000
net loss														-19,027,000	-18,794,000	6,240,000	-10,724,000	-6,546,000	-8,300,000													-8,489,000	-3,103,000	-3,825,000	-11,978,000		-2,746,000	-2,280,000	-30,185,000																					-26,627,000	-1,163,000	-6,162,000	-9,513,000
adjustments to reconcile net loss to net cash from operating activities:
provision for doubtful accounts, net of recoveries														56,000	60,000	-151,000	238,000
inventory purchase commitment settlement
impairment of goodwill																				0								0	0
depreciation and amortization															177,000	182,000	195,000	253,000	307,000	235,000	518,000	468,000	2,191,000	2,028,000	2,058,000	2,119,000	2,260,000	232,000	2,957,000	3,025,000	3,002,000	3,068,000	3,068,000	2,991,000	3,032,000	-640,000	3,550,000	3,230,000	4,289,000	4,411,000	4,432,000	4,611,000	4,570,000	4,572,000	4,462,000	4,595,000	4,219,000	4,161,000	4,025,000	3,890,000	3,033,000	3,115,000	2,967,000	2,853,000	2,648,000	2,573,000	2,568,000	2,496,000	2,468,000	3,185,000	3,573,000	3,512,000	3,498,000	3,415,000	3,534,000	3,355,000	2,540,000	1,984,000	1,648,000	1,582,000	1,323,000
inventory write down
other current assets																-412,000	168,000	-1,077,000	405,000	203,000	-892,000	-5,211,000	6,926,000	6,615,000	1,235,000	2,452,000	-18,661,000	1,398,000	632,000	797,000	350,000	-496,000	-1,536,000	262,000	13,923,000	-13,413,000	-533,000	-785,000	242,000	766,000	-2,065,000	2,082,000	1,782,000	-1,431,000	366,000	-6,208,000	885,000	677,000	-1,786,000	231,000	1,814,000	140,000	108,000	-2,223,000	-98,000	285,000	629,000	-1,871,000	65,000	175,000	175,000	934,000	-1,454,000	181,000	-403,000	-353,000	342,000	80,000
contract asset
other long-term assets																400,000	-388,000	0	541,000	0
purchase from sale of common stock
change in fair value of contingent convertible notes payable																	3,892,000
payment in kind interest expense																	485,000
loss on sale of property and equipment																	8,000
inventory purchase commitment provision and settlement
impairment of right-of-use assets																				0	0	0	7,434,000
impairment of property and equipment
impairment of intangible assets																				0	12,521,000	0	19,842,000
gain on sale of assets																																				1,076,000	-380,000	-246,000	-468,000	-850,000	-987,000	-800,000	-1,223,000	-855,000	-1,163,000	-831,000	-558,000	-1,113,000	-884,000	-1,436,000	-1,132,000	-1,780,000	-564,000	-1,432,000	-1,043,000	-660,000	-1,290,000	-723,000	-705,000	204,000	-1,333,000								-27,000	-2,000	36,000
proceeds from sale of business																					63,000
purchase of jp3, net of cash acquired																					0
abandonment of patents and other intangible assets
payment for contingent consideration
proceeds from paycheck protection plan loan
provision for doubtful accounts																				158,000	20,000	-123,000	597,000	86,000	324,000	-264,000	366,000
impairment of fixed assets																				0	0	0	30,178,000
deferred income tax provision																		8,000	2,000	12,000	-94,000	28,000	-133,000	324,000	128,000	-5,000	17,860,000	-21,309,000	-228,000															1,265,000			-290,000	1,108,000	107,000	-723,000	301,000			216,000	530,000	491,000			159,000	-2,119,000			302,000
ppp loan forgiveness
net cash provided (used in) by investing activities
proceeds from paycheck protection program loan																				0	-10,000
purchase of treasury stock																		27,000	-105,000																													-2,243,000	-466,000	-2,201,000	-2,658,000	-1,537,000	-7,000	-274,000	-216,000	-570,000	-6,000	-151,000	-48,000	-150,000	0			0	-223,000			0	0	0	-190,000
proceeds from sale of common stock																		-204,000	38,000	46,000	58,000	9,000	349,000	28,000				0	94,000	101,000	146,000	124,000	162,000	117,000	251,000	313,000	30,164,000	234,000	212,000	100,000	236,000	287,000	256,000	143,000	258,000	274,000	231,000	257,000	215,000	202,000	150,000						0
loss on sale of assets																			2,000									-562,000	57,000	5,000	57,000	-109,000	-11,000	214,000	198,000																												-108,000	-2,864,000	18,000	-16,000	-19,000
income from discontinued operations, net of tax																										-1,608,000	48,372,000
loss from continuing operations																				-17,679,000	-45,243,000	-9,561,000	-63,967,000	-37,138,000	-11,227,000	-12,990,000	-15,380,000	5,816,000	-3,932,000				-3,419,000	-1,123,000	-743,000
adjustments to reconcile loss from continuing operations to net cash from operating activities:
reduction in tax benefit related to stock-based awards
proceeds from sale of businesses
payments for acquisitions, net of cash acquired																																								0	0	0	-1,250,000	0
purchase of patents and other intangible assets																				0	0			-24,000	-363,000	-124,000	-103,000	-102,000	-1,285,000	-78,000	-137,000	338,000	-570,000	-163,000	-84,000	-177,000	-191,000	-73,000	-132,000	-224,000	-142,000	-177,000	-115,000	49,000	-185,000	-460,000	-135,000					11,000	-2,000	-14,000	-15,000
borrowings on revolving credit facility																								0	0	0	42,984,000	63,987,000	67,574,000	69,772,000	76,266,000	73,139,000	85,264,000	125,894,000	98,863,000	81,722,000	85,341,000	75,397,000	96,000,000	90,750,000	87,766,000	91,999,000	112,151,000	51,433,000	101,000,000	108,000,000	96,750,000	81,700,000	78,125,000	143,571,000	10,000,000
repayments on revolving credit facility																								0	0	0	-92,715,000	-67,658,000	-63,298,000	-60,387,000	-64,475,000	-85,778,000	-87,391,000	-123,781,000	-96,826,000	-75,719,000	-95,864,000	-69,934,000	-83,526,000	-86,186,000	-90,371,000	-86,085,000	-103,376,000	-47,157,000	-114,572,000	-104,129,000	-99,097,000	-92,805,000	-88,305,000	-106,770,000	-9,244,000
discontinued operations:
net cash flows from discontinued operations																									0							11,000
cash, cash equivalents at beginning of period
less: income from discontinued operations, net of tax
loss on disposal of long-lived assets																					-37,000	-598,000	-33,000		3,000	-4,000	1,097,000
reduction in tax benefit related to share-based awards																								0	0	0	24,000	397,000	192,000	117,000	3,000		600,000	249,000	66,000
purchase of treasury stock related to share-based awards																					-41,000	-37,000	-45,000		-65,000	-11,000	-131,000		-67,000	-21,000	-3,000		-165,000	-1,233,000	-102,000		-316,000	-455,000	-154,000		-37,000	-4,284,000	-1,055,000
net increase in cash and cash equivalents and restricted cash																					-10,733,000	-20,337,000	-20,311,000
cash and cash equivalents and restricted cash at the end of period																					-10,733,000	-20,337,000	80,927,000
net income attributable to flotek industries, inc.																						-9,561,000	-63,967,000		-11,110,000
abandoned/(purchase) of patents and other intangible assets																							49,000
net loss attributable to flotek industries, inc.																												8,559,000	-3,932,000
loss on sale of business																												0
loss on write-down of assets held for sale																												0	0
repayments of indebtedness																																0	0	-9,083,000	-750,000	-166,000	-11,827,000	-1,786,000	-1,785,000	-1,786,000	-1,786,000	-1,785,000	-4,786,000	-1,786,000	-1,786,000	-1,934,000	-4,786,000	-3,429,000	-2,128,000	-1,546,000	-6,103,000	-50,610,000	-293,000	-15,259,000	-36,276,000	-192,000	-210,000	-31,985,000	-886,000	-1,366,000	-5,184,000	-71,000	-31,951,000		39,118,000	-17,931,000	-27,269,000	-21,684,000	-19,331,000	-15,230,000	-17,912,000
debt issuance costs																												-13,000	0	-90,000	-8,000	-473,000	0	0	-106,000	-1,052,000	0			0	0			-143,000	-129,000	-68,000	-59,000	-86,000	-216,000							-75,000	-346,000	0	-1,000,000	0	-262,000	0	-1,742,000
repurchase of common stock																																-1,029,000	-3,687,000							-2,398,000	-39,000	-4,609,000	-2,651,000
proceeds from exercise of stock options																																0	1,000	13,000	7,000	0	0	0	134,000	17,000	0	0	22,000	1,000	11,000	7,000	443,000	0	363,000	121,000	7,000	0	36,000	98,000	33,000	11,000	27,000	102,000	7,000	0	0			39,000	33,000	32,000	801,000
loss from noncontrolling interest																												-1,000	0
net cash (used in) provided financing activities
net cash flows from provided by discontinued operations
cash, cash equivalents and restricted cash at beginning of year
cash, cash equivalents and restricted cash at end of year
restricted cash																									-2,000	-1,000	-660,000																					0	0	0	150,000									-150,000	0	0	10,000	0				30,000
net increase in cash and cash equivalents																									9,485,000	756,000	93,709,000	1,215,000				-358,000	1,520,000	1,596,000	-2,997,000	1,349,000	-366,000	1,360,000	272,000	-790,000	523,000	-24,000	1,233,000	-3,991,000	3,031,000			-1,639,000	-1,134,000			-19,209,000				21,187,000				12,804,000	1,794,000	-1,193,000	-27,000	-3,050,000	-723,000	1,922,000	762,000	154,000	245,000	199,000	174,000
cash and cash equivalents at the end of period																									9,485,000	756,000	96,753,000		-1,267,000	231,000	2,865,000		1,520,000	1,596,000	1,826,000		-366,000	1,360,000	2,480,000		523,000	-24,000	2,499,000		3,031,000	562,000	1,664,000		-1,134,000	5,255,000	248,000		11,184,000	-2,617,000	13,342,000		10,358,000	-3,866,000	19,003,000
proceeds from sales of business																										0	169,722,000
adjustments to reconcile loss from continuing operations to net cash from by operating activities:
cash and cash equivalents at beginning of year
cash and cash equivalents at end of year
loss from discontinued operations, net of tax																																-721,000	316,000	-2,702,000	-11,235,000
proceeds from sales of businesses																																	1,000,000
net decrease in cash and cash equivalents																														231,000	-1,719,000																-1,066,000				-2,452,000			-2,617,000	-33,340,000			-3,866,000	-860,000
income from continuing operations																															67,000
adjustments to reconcile income from continuing operations to net cash from operating activities:
reduction in (excess) tax benefit related to share-based awards																																				1,627,000	-71,000	589,000	365,000																	-14,000	-327,000	-172,000	-57,000
(reduction in) excess tax benefit related to share-based awards																																				-1,627,000	71,000																				327,000	172,000	57,000
proceeds from noncontrolling interest																																								0	0	0	7,000
payments for acquisition, net of cash acquired																																														-418,000	-5,286,000	0	0
provision for inventory reserves and market adjustments
proceeds from exercise of warrants																																																				158,000	0			212,000	0	561,000	4,020,000	4,384,000	0
impairment of inventory and long-lived assets																																					0	0	40,435,000
impairment of inventory and rental equipment																																								0	0
accretion of debt discount																																																0	0	0	55,000	848,000	831,000	1,017,000	1,014,000	1,332,000	1,306,000	1,362,000	1,295,000	1,247,000	1,248,000	1,156,000	1,295,000
excess tax benefit related to share-based awards																																								881,000	-5,000	-2,062,000	-87,000	6,873,000	-52,000	-2,073,000	-1,300,000	2,503,000	-403,000	170,000	-602,000		-61,000	-223,000	-295,000
proceeds from borrowings																																																												0	0	0	40,000,000			17,874,000	13,854,000		27,794,000	13,126,000	54,591,000
issuance costs of preferred stock and detachable warrants																																																0	0	0	-200,000
proceeds from exercise of stock warrants																																													0	0	1,545,000
changes in current assets and liabilities, net of acquisitions:
change in fair value of warrant liability																																																				0	0	-6,524,000	3,875,000	9,038,000	-7,802,000	-3,253,000	-7,554,000	19,042,000	1,106,000
excess in tax benefit related to share-based awards
non-cash loss on extinguishment of debt																																																				571,000	0	680,000	3,590,000
proceeds of borrowings																																																	0
acquisition of treasury stock related to share-based awards																																													-99,000	-1,916,000	-4,045,000
proceeds from the exercise of stock warrants																																																	317,000
impairment of goodwill, intangible assets or fixed assets
(excess) reduction in tax benefit related to share-based awards
excess (reduction in) tax benefit related to share-based awards
deferred income taxes																																																																-18,940,000	-621,000	-83,000	123,000		-444,000	526,000	-122,000
change in current assets and liabilities:
effect of exchange rate changes on cash and cash equivalents held or due in a foreign currency																																																						-41,000	13,000		-95,000	-24,000	-1,000
income taxes																																																							-3,149,000	3,376,000
net cash from (used) in operating activities																																																							5,715,000
adjustments to reconcile net income to net cash from
operating activities:
unrealized gain on interest rate swap
loss on extinguishment of debt																																																								0	0			0	0	0	995,000
proceeds from the sale of common stock
proceeds from preferred stock offering
effect of exchange rate changes on cash and cash equivalents																																																												-12,000	0	-2,000	-7,000			-1,000	3,000
cash and cash equivalents at the beginning of year
cash and cash equivalents at the end of year
purchase of patents and other intangibles																																																									-23,000
purchase of patents																																																													-4,000	6,000	-4,000	-18,000				-11,000
cash flows from operating activities :
impairment of goodwill, intangible assets and fixed assets
reduction in excess tax benefit related to share-based awards
unrealized loss on interest rate swap
cash flows from investing activities :
acquisitions, net of cash acquired																																																																0	-1,871,000	-58,000	-96,044,000	-14,741,000	-7,165,000	0	-31,122,000
cash flows from financing activities :
proceeds from convertible debt offering																																																																0	0	0	115,000,000
reduction in (excess) tax benefit of share-based awards																																																														1,312,000	373,000
reduction in tax benefit of share-based awards																																																														-1,312,000	-373,000
change in fair value warrant liability																																																															1,813,000
equity income from affiliate																																																																					-155,000	-190,000	-59,000
impairment of goodwill and intangible assets
excess (reduction in) tax benefit of share-based awards
excess tax benefit of share based awards																																																																-495,000
accrued interest payable																																																																1,212,000	-1,865,000
net borrowings (repayments) under revolving line of credit																																																																-14,199,000
change in assets and liabilities:
deferred tax assets																																																																	488,000	-361,000	-831,000
investment in affiliate																																																																					0	303,000	-2,932,000
debt issuance cost																																																																	0	-676,000	-4,809,000
cash and cash equivalents at beginning of period																																																																	0	0	1,282,000		0	0	510,000
supplemental disclosure of cash flow information:
interest paid																																																																	3,806,000	863,000	883,000	1,181,000	594,000	874,000	203,000
income taxes paid																																																																	1,889,000	5,327,000	588,000	2,701,000	1,200,000	3,860,000	300,000
amortization deferred financing costs
supplementary schedule of non-cash investing and financing activities
fair value of net assets acquired, including goodwill and other intangible assets																																																																			96,044,000		7,183,000
less equity issued																																																																							-1,855,000
less debt issued																																																																							-1,545,000
acquisition, net of cash acquired																																																																			96,044,000		7,165,000
equity income from affiliate, net of dividend received
deferred tax expense
income taxes payable and accrued liabilities
acquisition earn-out payment
issuance of stock from exercises of warrants and options
issuance of common stock
proceeds from indebtedness
payments to related parties
fair value of net assets acquired
less cash acquired																																																																				-587,000
less common stock issued
less equity in earnings prior to acquisition and other
deposits and other																																																																						-820,000	309,000
issuance of stock																																																																						154,000	428,000
effect of exchange rate changes on cash
fair value of net assets recorded, including goodwill and other intangible assets																																																																							37,147,000
add elimination of intercompany income																																																																							307,000
loss on sale of equipment
deferred tax liability
proceeds from sale of equipment
issuance of stock, net of offering costs

Flotek Industries, Inc(NYSE:FTK)

Flotek Industries, Inc
(NYSE:FTK)