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Pay vs Performance Disclosure - USD ($)
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Pay vs Performance Disclosure      
Pay vs Performance Disclosure, Table

PAY VERSUS PERFORMANCE

 

We are providing the following information about the relationship between executive compensation actually paid (CAP) and certain financial performance of Fuel Tech as required by SEC rules. Please see Summary of Named Executive Officer Compensation, above for discussion of our compensation program.

 

Year

Summary

Compensation Table

Total for CEO(1)

Compensation

Actually Paid to

CEO(2)

Average Summary

Compensation Table

Total for Non-CEO

NEOs (3)

Average

Compensation

Actually Paid to Non-

CEO NEOs (2)

Value of Initial

Fixed $100

Investment Based

on Total

Shareholder

Return($) (4)

Fuel Tech

Net Income

(Loss) ($) (5)

2024

425,000   

425,000  

311,582

311,582

100.00  

(1,943,000)

2023

913,386    

493,033   

508,531

361,359

82.68

(1,538,000)

2022

603,144    

409,962  

388,816

299,469

92.03

(1,442,000)

 

(1)

Amounts shown reflect total compensation set forth in the Summary Compensation Table for our PEO, Mr. Arnone, for 2022, 2023 and 2024.
(2)

The following table describes the adjustments, each of which is prescribed by SEC rule, to calculate the CAP amounts from the summary compensation table (SCT) amounts. The SCT amounts and the CAP amounts do not reflect the actual amount of compensation earned by or paid to our executives during the applicable years, but rather are amounts determined in accordance with Item 402 of Regulation S-K under the Exchange Act. To determine CAP, adjustments below were made to our executive officer's total compensation.
   
PEO Total Compensation Amount $ 425,000 $ 913,386 $ 603,144
PEO Actually Paid Compensation Amount $ 425,000 493,033 409,962
Adjustment To PEO Compensation, Footnote
    2022     2023     2024  
Adjustments   PEO     Other NEO     PEO     Other NEO     PEO     Other NEO  
SCT Amounts   $ 603,144     $ 388,816     $ 913,386     $ 508,531     $ 425,000     $ 311,582  
Deduction for amounts reported in the “Stock Awards” and “Option Awards” columns in the SCT for applicable FY     (193,182 )     (89,347 )     (443,798 )     (147,172 )     —       —  
Increase in fair value of awards granted during the applicable FY that remain unvested as of applicable FY end, determined as of applicable FY end     —       —       —       —       —       —  
CAP Amounts   $ 409,962     $ 299,469     $ 493,033     $ 361,359     $ 425,000     $ 311,582  

 

(3)

Amounts shown reflect average total compensation set forth in the Summary Compensation Table for our NEOs, Ms. Albrecht and Mr. Cummings, for fiscal 2022, 2023 and 2024.

(4)

Amounts shown show the value of a fixed investment of $100 on January 1st of the reporting period based on the closing price of Fuel Tech Common stock on such date ($1.38 in 2022, $1.27 in 2023 and $1.05 in 2024) the closing price on December 31st of the reporting period $1.27 in 2022, $1.05 in 2023, and $1.05 in 2024), each as quoted by the Nasdaq Stock Market.

(5)

The amounts reported in this column represent net income (loss) reflected in the Company's audited financial statements for the applicable year.
   
Non-PEO NEO Average Total Compensation Amount $ 311,582 508,531 388,816
Non-PEO NEO Average Compensation Actually Paid Amount 311,582 361,359 299,469
Total Shareholder Return Amount 100 82.68 92.03
Net Income (Loss) (1,943,000) (1,538,000) (1,442,000)
PEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 0 (443,798) (193,182)
PEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 0 0 0
Non-PEO NEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 0 (147,172) (89,347)
Non-PEO NEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount $ 0 $ 0 $ 0