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  "documentTitle": "FTC Solar | Results Presentation Deck | 12 slides",
  "authorId": "ftc-solar",
  "authorName": "FTC Solar",
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  "presentationDate": "2023-08-01 00:00:00",
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      "kind": "paragraph",
      "text": "The following table reconciles U.S. GAAP Net loss to Adjusted EBITDA and Adjusted Net Loss for the three months ended June 30, 2023, and 2022, respectively:",
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      "text": "(a) Non-routine legal fees represent legal fees and other costs incurred\nfor matters that were not ordinary or routine to the operations of the\nbusiness.\n(b) Severance costs were incurred in 2022 related to agreements with\ncertain executives due to restructuring changes.\n(c) Other costs in 2022 include shareholder follow on registration costs\npursuant to our IPO and acquisition related expenses.",
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      "text": "Three months ended June 30,\n2023\n2022\n(in thousands, except shares and\nper share data)\nAdjusted EBITDA\nAdjusted Net Loss\nAdjusted EBITDA\nAdjusted Net Loss\nNet loss per U.S. GAAP\n$ (10,414)\n$ (10,414)\n$ (25,683)\n$ (25,683)\nReconciling items -\nProvision for income taxes\n(122)\n90\nInterest expense, net\n28\n427\nAmortization of debt issue\ncosts in interest expense\n178\n176\nDepreciation expense\n196\n144\nAmortization of intangibles\n136\n136\nStock-based compensation\n2,962\n2,962\n3,138\n3,138\nNon-routine legal fees (a)\n(25)\n(25)\n3,822\n3,822\nSeverance (b)\n111\n111\nOther costs (c)\n210\n210\nAdjusted Non-GAAP amounts\n$ (7,239)\n$ (7,163)\n$ (17,741)\n$ (18,226)\nU.S. GAAP net loss per share:\nDiluted\nN/A\n$ (0.09)\nN/A\n$ (0.26)\nAdjusted Non-GAAP net loss\nper share (Adjusted EPS):\nDiluted\nN/A\n$ (0.06)\nN/A\n$ (0.18)\nWeighted-average common\nshares outstanding:\nDiluted\nN/A\n112,669,296\nN/A\n100,321,943",
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      "kind": "title",
      "text": "Reconciliation of Net Loss to Adjusted EBITDA and Adjusted Net Loss",
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