XML 84 R74.htm IDEA: XBRL DOCUMENT
v3.23.2

Business Segment, Geographic and Major Customer Information - Reportable Segments (Details) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2023 | Jun. 30, 2022
Summarized financial information regarding reportable segments |  |  |  |
Gross profit (loss) | $ 3,904 | $ (2,305) | $ 5,785 | $ (2,784)
Change in fair value of Contract Consideration Convertible Notes Payable | (3,874) | (17,158) | (29,969) | (13,266)
Income (loss) from operations | 672 | 8,039 | 19,184 | (2,245)
Paid-in-kind interest on Contract Consideration Convertible Notes Payable | 712 | 868 | 2,129 | 1,026
Paid-in-kind interest on convertible notes payable |  | 466 | 155 | 793
Depreciation | 174 | 182 | 349 | 377
Additions to long-lived assets | 135 | 5 | 292 | 5
Nonrelated Party |  |  |  |
Summarized financial information regarding reportable segments |  |  |  |
Revenue from external customers | 17,820 | 12,824 | 29,472 | 23,206
Related Party |  |  |  |
Summarized financial information regarding reportable segments |  |  |  |
Revenue from external customers | 32,774 | 16,549 | 69,130 | 19,046
Products | Nonrelated Party |  |  |  |
Summarized financial information regarding reportable segments |  |  |  |
Revenue from external customers | 16,715 | 12,039 | 27,216 | 21,741
Products | Related Party |  |  |  |
Summarized financial information regarding reportable segments |  |  |  |
Revenue from external customers | 32,347 | 16,549 | 68,613 | 19,046
Services | Nonrelated Party |  |  |  |
Summarized financial information regarding reportable segments |  |  |  |
Revenue from external customers | 1,105 | 785 | 2,256 | 1,465
Services | Related Party |  |  |  |
Summarized financial information regarding reportable segments |  |  |  |
Revenue from external customers | 427 | 0 | 517 | 0
Operating Segments | Chemistry Technologies |  |  |  |
Summarized financial information regarding reportable segments |  |  |  |
Gross profit (loss) | 2,603 | (1,568) | 3,038 | (2,231)
Change in fair value of Contract Consideration Convertible Notes Payable | (3,874) | (17,158) | (29,969) | (13,266)
Income (loss) from operations | 3,795 | 14,944 | 27,174 | 8,887
Paid-in-kind interest on Contract Consideration Convertible Notes Payable | 712 | 868 | 2,129 | 1,026
Paid-in-kind interest on convertible notes payable |  | 0 | 0 | 0
Depreciation | 155 | 166 | 312 | 345
Additions to long-lived assets | 0 | 5 | 30 | 5
Operating Segments | Chemistry Technologies | Nonrelated Party |  |  |  |
Summarized financial information regarding reportable segments |  |  |  |
Revenue from external customers | 15,469 | 12,111 | 24,693 | 21,422
Operating Segments | Chemistry Technologies | Related Party |  |  |  |
Summarized financial information regarding reportable segments |  |  |  |
Revenue from external customers | 32,617 | 16,549 | 68,883 | 19,046
Operating Segments | Chemistry Technologies | Products | Nonrelated Party |  |  |  |
Summarized financial information regarding reportable segments |  |  |  |
Revenue from external customers | 15,095 | 11,740 | 23,654 | 20,650
Operating Segments | Chemistry Technologies | Products | Related Party |  |  |  |
Summarized financial information regarding reportable segments |  |  |  |
Revenue from external customers | 32,345 | 16,549 | 68,611 | 19,046
Operating Segments | Chemistry Technologies | Services | Nonrelated Party |  |  |  |
Summarized financial information regarding reportable segments |  |  |  |
Revenue from external customers | 374 | 371 | 1,039 | 772
Operating Segments | Chemistry Technologies | Services | Related Party |  |  |  |
Summarized financial information regarding reportable segments |  |  |  |
Revenue from external customers | 272 | 0 | 272 | 0
Operating Segments | Data Analytics |  |  |  |
Summarized financial information regarding reportable segments |  |  |  |
Gross profit (loss) | 1,301 | (737) | 2,747 | (553)
Change in fair value of Contract Consideration Convertible Notes Payable | 0 | 0 | 0 | 0
Income (loss) from operations | 129 | (1,198) | 587 | (2,006)
Paid-in-kind interest on Contract Consideration Convertible Notes Payable | 0 | 0 | 0 | 0
Paid-in-kind interest on convertible notes payable |  | 0 | 0 | 0
Depreciation | 18 | 15 | 36 | 31
Additions to long-lived assets | 135 | 0 | 230 | 0
Operating Segments | Data Analytics | Nonrelated Party |  |  |  |
Summarized financial information regarding reportable segments |  |  |  |
Revenue from external customers | 2,351 | 713 | 4,779 | 1,784
Operating Segments | Data Analytics | Related Party |  |  |  |
Summarized financial information regarding reportable segments |  |  |  |
Revenue from external customers | 157 | 0 | 247 | 0
Operating Segments | Data Analytics | Products | Nonrelated Party |  |  |  |
Summarized financial information regarding reportable segments |  |  |  |
Revenue from external customers | 1,620 | 299 | 3,562 | 1,091
Operating Segments | Data Analytics | Products | Related Party |  |  |  |
Summarized financial information regarding reportable segments |  |  |  |
Revenue from external customers | 2 | 0 | 2 | 0
Operating Segments | Data Analytics | Services | Nonrelated Party |  |  |  |
Summarized financial information regarding reportable segments |  |  |  |
Revenue from external customers | 731 | 414 | 1,217 | 693
Operating Segments | Data Analytics | Services | Related Party |  |  |  |
Summarized financial information regarding reportable segments |  |  |  |
Revenue from external customers | 155 | 0 | 245 | 0
Corporate and Other |  |  |  |
Summarized financial information regarding reportable segments |  |  |  |
Gross profit (loss) | 0 | 0 | 0 | 0
Change in fair value of Contract Consideration Convertible Notes Payable | 0 | 0 | 0 | 0
Income (loss) from operations | (3,252) | (5,707) | (8,577) | (9,126)
Paid-in-kind interest on Contract Consideration Convertible Notes Payable | 0 | 0 | 0 | 0
Paid-in-kind interest on convertible notes payable |  | 466 | 155 | 793
Depreciation | 1 | 1 | 1 | 1
Additions to long-lived assets | 0 | 0 | 32 | 0
Corporate and Other | Nonrelated Party |  |  |  |
Summarized financial information regarding reportable segments |  |  |  |
Revenue from external customers | 0 | 0 | 0 | 0
Corporate and Other | Related Party |  |  |  |
Summarized financial information regarding reportable segments |  |  |  |
Revenue from external customers | 0 | 0 | 0 | 0
Corporate and Other | Products | Nonrelated Party |  |  |  |
Summarized financial information regarding reportable segments |  |  |  |
Revenue from external customers | 0 | 0 | 0 | 0
Corporate and Other | Products | Related Party |  |  |  |
Summarized financial information regarding reportable segments |  |  |  |
Revenue from external customers | 0 | 0 | 0 | 0
Corporate and Other | Services | Nonrelated Party |  |  |  |
Summarized financial information regarding reportable segments |  |  |  |
Revenue from external customers | 0 | 0 | 0 | 0
Corporate and Other | Services | Related Party |  |  |  |
Summarized financial information regarding reportable segments |  |  |  |
Revenue from external customers | $ 0 | $ 0 | $ 0 | $ 0

X
- Definition Paid-in-Kind Interest On Contract Consideration Convertible Notes Payable + References No definition available. + Details
Name: | ftk_PaidInKindInterestOnContractConsiderationConvertibleNotesPayable
Namespace Prefix: | ftk_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Paid in Kind Interest On Convertible Notes Payable + References No definition available. + Details
Name: | ftk_PaidInKindInterestOnConvertibleNotesPayable
Namespace Prefix: | ftk_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The amount of expense recognized in the current period that reflects the allocation of the cost of tangible assets over the assets' useful lives. Includes production and non-production related depreciation. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 45 -Paragraph 28 -Subparagraph (b) -SubTopic 10 -Topic 230 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482740/230-10-45-28 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482099/360-10-50-1 + Details
Name: | us-gaap_Depreciation
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Aggregate revenue less cost of goods and services sold or operating expenses directly attributable to the revenue generation activity. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 235 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(g)(1)(ii)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480678/235-10-S99-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 323 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481687/323-10-50-3 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 825 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 28 -Subparagraph (f) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482907/825-10-50-28 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-22 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1A -Subparagraph (SX 210.13-01(a)(4)(i)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1A Reference 6: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1A -Subparagraph (SX 210.13-01(a)(4)(ii)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1A Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1A -Subparagraph (SX 210.13-01(a)(4)(iii)(A)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1A Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1A -Subparagraph (SX 210.13-01(a)(4)(iv)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1A Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1A -Subparagraph (SX 210.13-01(a)(5)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1A Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1B -Subparagraph (SX 210.13-02(a)(4)(i)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1B Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1B -Subparagraph (SX 210.13-02(a)(4)(iii)(A)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1B Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1B -Subparagraph (SX 210.13-02(a)(4)(iii)(B)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1B Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1B -Subparagraph (SX 210.13-02(a)(4)(iv)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1B Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1B -Subparagraph (SX 210.13-02(a)(5)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1B Reference 15: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 30 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-30 Reference 16: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (f) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-32 Reference 17: http://www.xbrl.org/2003/role/exampleRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 31 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-31 Reference 18: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-32 Reference 19: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.1,2) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483621/220-10-S99-2 + Details
Name: | us-gaap_GrossProfit
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestmentsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount of addition (reduction) to the amount at which a liability could be incurred (settled) in a current transaction between willing parties. + References No definition available. + Details
Name: | us-gaap_LiabilitiesFairValueAdjustment
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The net result for the period of deducting operating expenses from operating revenues. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-22 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 30 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-30 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (f) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-32 Reference 4: http://www.xbrl.org/2003/role/exampleRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 31 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-31 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-32 + Details
Name: | us-gaap_OperatingIncomeLoss
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The cash outflow associated with the acquisition of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale; includes cash outflows to pay for construction of self-constructed assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 230 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 13 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482740/230-10-45-13 + Details
Name: | us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount, excluding tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value added and excise. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 924 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SAB Topic 11.L) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479941/924-10-S99-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-5 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 30 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-30 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 42 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-42 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 22 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-22 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-32 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 40 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-40 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 22 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-22 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-32 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 41 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-41 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-4 + Details
Name: | us-gaap_RevenueFromContractWithCustomerExcludingAssessedTax
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Details
Name: | us-gaap_RelatedPartyTransactionsByRelatedPartyAxis=us-gaap_NonrelatedPartyMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RelatedPartyTransactionsByRelatedPartyAxis=us-gaap_RelatedPartyMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_ProductOrServiceAxis=us-gaap_ProductMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_ProductOrServiceAxis=us-gaap_ServiceMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementBusinessSegmentsAxis=ftk_ChemistryTechnologiesSegmentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementBusinessSegmentsAxis=ftk_DataAnalyticsSegmentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_ConsolidationItemsAxis=us-gaap_CorporateNonSegmentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |