XML 71 R60.htm IDEA: XBRL DOCUMENT
v3.22.2

Fair Value Measurements - Monte Carlo Simulation (Details) | Jun. 30, 2022 | May 17, 2022 | Dec. 31, 2021
--- | --- | --- | ---
Risk-free interest rate |  |  |
Fair Value Measurement Inputs and Valuation Techniques |  |  |
Earn out provision, measurement input | 0.0299 |  | 0.0102
Risk-free interest rate | ProFrac Agreement | Convertible Debt |  |  |
Fair Value Measurement Inputs and Valuation Techniques |  |  |
Debt instrument, measurement input | 0.0251 |  |
Risk-free interest rate | Amended ProFrac Agreement | Convertible Debt |  |  |
Fair Value Measurement Inputs and Valuation Techniques |  |  |
Debt instrument, measurement input | 0.0280 | 0.0216 |
Expected volatility |  |  |
Fair Value Measurement Inputs and Valuation Techniques |  |  |
Earn out provision, measurement input | 0.900 |  | 0.900
Expected volatility | ProFrac Agreement | Convertible Debt |  |  |
Fair Value Measurement Inputs and Valuation Techniques |  |  |
Debt instrument, measurement input | 0.900 |  |
Expected volatility | Amended ProFrac Agreement | Convertible Debt |  |  |
Fair Value Measurement Inputs and Valuation Techniques |  |  |
Debt instrument, measurement input | 0.900 | 0.900 |
Term until liquidation (years) |  |  |
Fair Value Measurement Inputs and Valuation Techniques |  |  |
Earn out provision, measurement input | 2.88 |  | 3.38
Term until liquidation (years) | ProFrac Agreement | Convertible Debt |  |  |
Fair Value Measurement Inputs and Valuation Techniques |  |  |
Debt instrument, measurement input | 0.60 |  |
Term until liquidation (years) | Amended ProFrac Agreement | Convertible Debt |  |  |
Fair Value Measurement Inputs and Valuation Techniques |  |  |
Debt instrument, measurement input | 0.88 | 1.00 |
Stock price |  |  |
Fair Value Measurement Inputs and Valuation Techniques |  |  |
Earn out provision, measurement input | 0.99 |  | 1.13
Stock price | ProFrac Agreement | Convertible Debt |  |  |
Fair Value Measurement Inputs and Valuation Techniques |  |  |
Debt instrument, measurement input | 0.99 |  |
Stock price | Amended ProFrac Agreement | Convertible Debt |  |  |
Fair Value Measurement Inputs and Valuation Techniques |  |  |
Debt instrument, measurement input | 0.99 | 1.29 |
Discount rate |  |  |
Fair Value Measurement Inputs and Valuation Techniques |  |  |
Earn out provision, measurement input | 0.1077 |  | 0.0671
Discount rate | ProFrac Agreement | Convertible Debt |  |  |
Fair Value Measurement Inputs and Valuation Techniques |  |  |
Debt instrument, measurement input | 0.1092 |  |
Discount rate | Amended ProFrac Agreement | Convertible Debt |  |  |
Fair Value Measurement Inputs and Valuation Techniques |  |  |
Debt instrument, measurement input | 0.1097 | 0.0840 |

X
- Definition Earn Out Provision, Measurement Input + References No definition available. + Details
Name: | ftk_EarnOutProvisionMeasurementInput
Namespace Prefix: | ftk_
Data Type: | xbrli:decimalItemType
Balance Type: | na
Period Type: | instant

X
- Definition Value of input used to measure debt instrument, including, but not limited to, convertible and non-convertible debt. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (bbb)(2) -URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258 + Details
Name: | us-gaap_DebtInstrumentMeasurementInput
Namespace Prefix: | us-gaap_
Data Type: | xbrli:decimalItemType
Balance Type: | na
Period Type: | instant

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_MeasurementInputTypeAxis=us-gaap_MeasurementInputRiskFreeInterestRateMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=ftk_ProFracAgreementMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=us-gaap_ConvertibleDebtMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=ftk_AmendedProFracAgreementMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_MeasurementInputTypeAxis=us-gaap_MeasurementInputPriceVolatilityMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_MeasurementInputTypeAxis=us-gaap_MeasurementInputMaturityMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_MeasurementInputTypeAxis=us-gaap_MeasurementInputSharePriceMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_MeasurementInputTypeAxis=us-gaap_MeasurementInputDiscountRateMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |