FTC Solar reported second-quarter revenue of $26.2 million, a 52% increase from the prior quarter and 31% year-over-year, while posting a GAAP net loss of $27.1 million ($1.69 per diluted share). The company entered into an equity line of credit with Lincoln Park Capital for up to $20 million in common stock purchases and obtained a limited waiver from lenders regarding covenant non-compliance on its credit agreement. Backlog stands at approximately $560 million, including recent awards for 400MW and 80+MW projects. FTC Solar operates in the renewable energy sector, providing solar tracker systems and engineering services.