{"filing":{"accession_number":"0000928054-26-000084","cik":"0000928054","ticker":"FTK","company_name":"FLOTEK INDUSTRIES INC/CN/","form":"8-K","filing_date":"2026-08-19","report_date":"2026-08-18","primary_document":"ftk-20260818.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/928054/000092805426000084/ftk-20260818.htm"},"events":[{"id":28447,"run_id":26022,"accession_number":"0000928054-26-000084","anchor_item_number":"8.01","event_type":"operational_other","event_domain":"operational","is_material":true,"confidence":0.85,"summary":"PREPA terminated a 10-year power purchase and operating agreement with Flotek effective immediately on August 18, 2026, citing failure to furnish required performance security and regulatory revocation of approval. Although the Company had not yet generated revenue or deployed equipment, the termination eliminates a material strategic contract representing an expected $40 million in annual revenue and $400 million in potential 10-year backlog. This is a material loss of a significant business opportunity and operational contract, best classified as an operational event rather than a specific financial or legal category.","company_name":"FLOTEK INDUSTRIES INC/CN/","ticker":"FTK","filing_date":"2026-08-19","form":"8-K","submitted_at":null,"items":[{"id":30396,"accession_number":"0000928054-26-000084","item_number":"8.01","item_title":null,"event_type":"operational_other","event_domain":"operational","is_material":true,"confidence":0.85,"reasoning":"PREPA terminated a 10-year power purchase and operating agreement with Flotek effective immediately on August 18, 2026, citing failure to furnish required performance security and regulatory revocation of approval. Although the Company had not yet generated revenue or deployed equipment, the termination eliminates a material strategic contract representing an expected $40 million in annual revenue and $400 million in potential 10-year backlog. This is a material loss of a significant business opportunity and operational contract, best classified as an operational event rather than a specific financial or legal category.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-19T13:28:01.861355+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":30396,"accession_number":"0000928054-26-000084","item_number":"8.01","item_title":null,"event_type":"operational_other","event_domain":"operational","is_material":true,"confidence":0.85,"reasoning":"PREPA terminated a 10-year power purchase and operating agreement with Flotek effective immediately on August 18, 2026, citing failure to furnish required performance security and regulatory revocation of approval. Although the Company had not yet generated revenue or deployed equipment, the termination eliminates a material strategic contract representing an expected $40 million in annual revenue and $400 million in potential 10-year backlog. This is a material loss of a significant business opportunity and operational contract, best classified as an operational event rather than a specific financial or legal category.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-19T13:28:01.861355+00:00","company_name":"FLOTEK INDUSTRIES INC/CN/","ticker":"FTK","filing_date":"2026-08-19"}]}