{
  "docId": "019de510-b8f1-742f-a769-eecffda6dbe3",
  "docSlug": "83f3572036f2811b62cac71d2cd71dc9",
  "documentTitle": "FTC Solar | IPO Presentation Deck | 47 slides",
  "authorId": "ftc-solar",
  "authorName": "FTC Solar",
  "documentKindSlug": "pitchdeck",
  "documentKindLabel": "Pitch deck",
  "sourceTypeSlug": "investment_bank",
  "sourceTypeLabel": "Investment bank",
  "presentationDate": "2021-04-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.7827299,
  "pageNumber": 40,
  "pageCount": 47,
  "prevPage": 39,
  "nextPage": 41,
  "slideType": "appendix_data",
  "function": "analyze_data",
  "density": "balanced",
  "nDataPoints": 16,
  "notes": "The slide uses a waterfall-style bridge to reconcile reported figures with pro forma figures adjusted for a specific product enhancement initiative.",
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de510-b8f1-742f-a769-eecffda6dbe3/40",
  "deckHref": "/decks/019de510-b8f1-742f-a769-eecffda6dbe3",
  "deckJsonHref": "/decks/019de510-b8f1-742f-a769-eecffda6dbe3.json",
  "deckAnchorHref": "/decks/019de510-b8f1-742f-a769-eecffda6dbe3#slide-40",
  "components": [
    {
      "bbox": {
        "h": 0.35,
        "w": 0.58,
        "x": 0.05,
        "y": 0.135
      },
      "kind": "chart",
      "text": "Gross Margin (w/ Product Enhancement)",
      "attrs": null,
      "subkind": "waterfall",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "68bd8f90-f5d5-44a6-b5e1-e8b636a8acce",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.35,
        "w": 0.58,
        "x": 0.05,
        "y": 0.535
      },
      "kind": "chart",
      "text": "Adjusted EBITDA (w/ Product Enhancement)",
      "attrs": null,
      "subkind": "waterfall",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "95e1d5d4-b07f-42c1-9def-b630efac40dc",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.3,
        "w": 0.3,
        "x": 0.64,
        "y": 0.22
      },
      "kind": "list",
      "text": "One-time product enhancement adjustment. In 2020, FTC made voluntary hardware upgrades and product enhancements on existing tracker installations. Upgraded early deployments with latest product design. Investment in customer relationships.",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "b595f8b4-fc47-42d5-82dc-0f55d744dbce",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.4,
        "x": 0.07,
        "y": 0.03
      },
      "kind": "title",
      "text": "2020 Product Enhancement Initiative",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "1c726ad3-1226-41d2-aeea-ae06cd7f85da",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "Waterfall chart",
      "slug": "waterfall-chart",
      "agent": null,
      "layer": "slide",
      "matchId": "40eca1c2-e03c-4a20-a641-ef9fea2b5dd0",
      "evidence": "chart/waterfall: Adjusted EBITDA (w/ Product Enhancement)",
      "confidence": 0.7
    }
  ],
  "frameworks": [
    {
      "name": "waterfall-bridge",
      "slug": null,
      "matchId": "046ad897-68c4-4553-88e0-dbbafe8a275f",
      "evidence": "The charts visualize the reconciliation of reported financial figures to pro forma figures via a specific adjustment.",
      "confidence": 1
    }
  ],
  "arcBeats": [
    {
      "to": 42,
      "from": 38,
      "beatId": "d39f91ee-bc34-44bb-bd9c-af5508398f33",
      "arcName": "The Sequoia Pitch",
      "arcSlug": "sequoia-pitch",
      "beatName": "Financials",
      "beatSlug": "sequoia-pitch-financials",
      "evidence": "The document presents the financial overview and growth trajectory of FTC Solar.",
      "position": 4,
      "confidence": 0.8,
      "parentBeatName": "Evidence",
      "parentBeatSlug": "evidence"
    }
  ],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}